Has business travel really changed forever?
"You have to come out of the bunker some time."
of course - but the landscape may have changed quite a bit................. We're seeing a couple of changes that may be permanent . For people who have jobs which don't require constant interaction - such as designing things and thinking - WFH is brilliant we're seeing more work, more quality work and people are saving cash and are refreshed mentally from not commuting.
Brain storming and reviews are not working as well. People miss the physical clues. Generally its looking like most people will do 1 day a week or every 2 weeks in the office and a small group will be doing 3-4 days a week in.
One of the best things is the absence of sales people banging on the doors...............
of course - but the landscape may have changed quite a bit................. We're seeing a couple of changes that may be permanent . For people who have jobs which don't require constant interaction - such as designing things and thinking - WFH is brilliant we're seeing more work, more quality work and people are saving cash and are refreshed mentally from not commuting.
Brain storming and reviews are not working as well. People miss the physical clues. Generally its looking like most people will do 1 day a week or every 2 weeks in the office and a small group will be doing 3-4 days a week in.
One of the best things is the absence of sales people banging on the doors...............
N4790P
Is there any evidence that WFH is 'brilliant`?
Once the novelty wears off and Employers adjust salaries to reflect the lower WFH costs, I suspect we will see another realignment.
Once the novelty wears off and Employers adjust salaries to reflect the lower WFH costs, I suspect we will see another realignment.
Once the novelty wears off and Employers adjust salaries to reflect the lower WFH costs, I suspect we will see another realignment.
I had a chat with my hairdresser last week (as you do) and they said that of their regular clients in central London, most were expected to work at least a 4 day week in the office from June 21st or lose their desk and other assumed benefits within the companies going forward. WFH Friday's or Monday's would become the norm for the foreseeable future in many corporate environments.
"but uses up several more hours per day to do so, so no real benefit in not commuting" - the difference being that you are sat at home and not crammed on a train, paying £5k ++ for the privilege, with the sweating masses and no way out
I know of several very large outfits that have told their staff to plan on a max of 1 day a week in office. And they're cutting their offices down as fast as possible to get the gain on rents. Many say they see a significant GAIN in productivity from people WFH
I know of several very large outfits that have told their staff to plan on a max of 1 day a week in office. And they're cutting their offices down as fast as possible to get the gain on rents. Many say they see a significant GAIN in productivity from people WFH
I know several people who now work from home, and they say they will never go back to the office!
So even if people want to have eye to eye meetings in the future, will the company pay for business class, or just send them on economy? methinks the company will now seek to cut costs!
I have only flown business class a few times, and only once on Long haul, and while it was a very pleasant experience, was it worth it? Not sure! The lounges pre and post flight were the best bit, but the aircraft?
So, if the travelling public won't pay business class prices any more, then where do the airlines make a profit?
So even if people want to have eye to eye meetings in the future, will the company pay for business class, or just send them on economy? methinks the company will now seek to cut costs!
I have only flown business class a few times, and only once on Long haul, and while it was a very pleasant experience, was it worth it? Not sure! The lounges pre and post flight were the best bit, but the aircraft?
So, if the travelling public won't pay business class prices any more, then where do the airlines make a profit?
WFH is 'brilliant`, many say they see a significant GAIN in productivity from people.
Again, where is the evidence for these statements?
Again, where is the evidence for these statements?
Companies will try to cut costs, that's what they do, especially the more the 'bean counters' are given hegemony over others. However, the old adage "Buy cheap, buy twice" will be needed to be adhered to and saving on an economy flight and having your staff arrive stressed and not on their best game would be a false economy compared with a business class seat on the same flight. Short haul of less than 2 hrs I suppose wouldn't make too much of a difference, though lounge access might sweeten the experience and allow work whilst waiting for the flight.
"Again, where is the evidence for these statements?"
mainly anecdotal of course as companies are very reluctant to actually measure "productivity" in offices - fine in warehouses and production lines but when did you last hear of an Accountant being clocked on output. But I 'm talking about large engineering concerns wild world-wise operations. Some of their people haven't been into the office in 14 months and they all seem to be doing fine
mainly anecdotal of course as companies are very reluctant to actually measure "productivity" in offices - fine in warehouses and production lines but when did you last hear of an Accountant being clocked on output. But I 'm talking about large engineering concerns wild world-wise operations. Some of their people haven't been into the office in 14 months and they all seem to be doing fine
Seeing as business class seats take up
the space of at least 3 economy seats it would not make economic sense to have that real estate selling for less than 3x economy prices.
the space of at least 3 economy seats it would not make economic sense to have that real estate selling for less than 3x economy prices.
The prices of tickets will be all over the place at first while airlines try to gauge supply and demand after a complete reset. Booking and fare management systems will take a while to settle down.
What will change I believe is the pointless travel "because we can". Board Meetings with overseas based Directors, probably 2 of 4 a year will be virtual at least. One time, at a previous company, I as the CFO and the CEO were summoned to HO in Croydon for a meeting that lasted a day. 3 or 4 other attendees were there from Hartford, CT and the others from HO itself. The topic, how to cut costs in Singapore. 2 J class in SQ, 2 nights' accommodation each and assorted transport to/from LHR. Madness.
