{"id":18720,"date":"2020-10-16T09:53:22","date_gmt":"2020-10-16T09:53:22","guid":{"rendered":"https:\/\/work.life\/?p=18720"},"modified":"2025-03-11T11:11:23","modified_gmt":"2025-03-11T11:11:23","slug":"3-key-issues-businesses-are-facing-now","status":"publish","type":"post","link":"https:\/\/work.life\/blog\/3-key-issues-businesses-are-facing-now\/","title":{"rendered":"3 Key Issues Businesses are Facing Now (And How to Overcome Them)"},"content":{"rendered":"

The onset of Covid-19 has forced businesses to grapple with a host of new challenges. Amid global uncertainty, an ever-evolving world of work<\/a> and changing lockdown restrictions, knowing how to navigate both short-term and long-term plans is tough.<\/p>\n

But as business leaders know, waiting for the storm to pass is no substitute for steadying the ship; small, incremental steps towards stability can go a long way.<\/p>\n

We dive into three key issues businesses are battling with, along with quick and easy tips to remedy them.<\/p>\n

Maintaining morale<\/strong><\/h2>\n

Maintaining morale is something everyone is struggling with \u2013 living and working through a global pandemic feels like both an endless waiting game and an impossible balancing act, it\u2019s only natural that our resilience muscles are being stress-tested.<\/p>\n

One of the ways in which you can boost your team\u2019s morale (as well as your own) is to focus on the small wins in front of you. The psychology of taking things one day at a time has some serious merit. Intentionally focusing on short-term success is bound to improve motivation levels, but dismissing them in an impatient pursuit of something bigger is bound to deplete morale.<\/p>\n

Your employees need to feel like the work they\u2019re putting in now is achieving something \u2013 even if that\u2019s just nudging things along slowly or keeping the balance.<\/p>\n

Encourage your team to focus on what\u2019s in their grasp, what they can control and what they\u2019ve achieved today \u2013 that can be as small as collaborating on an idea, optimising something or making someone smile.<\/p>\n

Managing remote teams<\/strong><\/h2>\n

Though it\u2019s really difficult to wholly replicate the value of an office environment in the virtual world, there are a host of easy wins you can start implementing for teams that are still working from home.<\/a><\/p>\n

When managing remote teams, start by defining \u2013 and respecting \u2013 work-life boundaries. When work ends in the same place that life begins, there\u2019s a risk that remote work can mean more work, and your employees\u2019 working styles will influence the extent of this. Some direct reports won\u2019t feel obliged to reply to an email they spot at 9pm, but others might. Identify everyone\u2019s working styles, and be weary that the people-pleasers will struggle to say no.<\/p>\n

Next, ensure you\u2019re weaving in conversations around professional development. Remote environments can become clouded by day-to-day drudgery, and crucially, remote workers miss out on the learning achieved through chance encounters and unplanned brainstorms in the office. Set some time aside to focus on the bigger picture and actively nurture your employees\u2019 skillsets.<\/p>\n

And finally, try as best you can to replicate in-person environments, whether that\u2019s by setting up a group chat for the quick questions you\u2019d usually turn to the person next to you for, or having those essential \u2018water-cooler\u2019 conversations that help to maintain company culture.<\/p>\n

\"\"<\/p>\n

Navigating the world of office space<\/strong><\/h2>\n

The office has undergone one of the most disruptive shifts in recent history, but contrary to the \u2018death of the office\u2019 debate that circulated earlier this year, the novelty of working from home for five days a week has worn off.<\/p>\n

In fact, in a survey carried out by the Evening Standard<\/em>, 80% of respondents said they \u201cmissed interacting with colleagues\u201d, while a Knight Frank poll which surveyed 727 employees found that 40% have had their mental health negatively impacted by working from home.<\/p>\n

Almost every business is dealing with changing office requirements.<\/a> Some are downsizing due to shrinking headcounts or rota schedules, others are upsizing to accommodate social distancing, but a common requirement for all is flexibility.<\/p>\n

That\u2019s why the post-lockdown demand for flexible office space<\/a> is set to rise. Flexible office space gives you the ability to move straight into a Covid-secure office, easily grow or scale-back the amount of space you\u2019ve signed up for, budget accordingly with an all-inclusive cost, potentially allow your employees to use multiple office locations, and stay flexible with a monthly rolling contract.<\/p>\n

To talk about downsizing, upsizing or any other flexible office space requirements, get in touch with Knight Frank\u2019s Flexible Office Solutions Team.<\/p>\n

This article was written by Amanda Lim, Head of <\/em>Knight Frank\u2019s Flexible Office Solutions.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The onset of Covid-19 has forced businesses to grapple with a host of new challenges. 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