With turn of the century, almost standardized work procedures and work ethics were in place. Both the world wars had set precedents of the work culture. Shop floor culture in manufacturing and office culture in service-based industries had become the norm. It has lasted for almost 100 years for very specific reasons i.e. it’s a standardized way to structure work, it keeps most workers in the same place at the same time and is easy to implement. However, with advent of internet, technology and information age, advanced digital technologies are very well available and so easy to purchase and deploy benefitting the employers and employees. Flexible schedules and work patterns are going to be the new norm going forward not only for employees but also for business growth and profitability.
There’s plenty of science to suggest flexible work schedules are critical for happier, more productive employees, and a more successful company overall. There are pros and cons to flexible schedules, just like there are pros and cons to a rigid nine-to-five job. But, as the study indicates, flexible schedules are becoming more typical nowadays. Good time management and building flexibility entails many benefits along with some compromises as well. As per my philosophy, no arrangement or deal survives or sees the daylight until and unless it is a “Win-Win” situation for both the parties involved. Flexible schedules have specific advantages and disadvantages to both employers and employees.
The benefits for employees include finding time to spend time with family, reduce commuting time and save on utilities, help kids with their homework, indulge in self-care, avoid rush hour and priceless freedom to work during the hours which fit your energy cycle. This helps retain the best talents within the organizations, gives the sense autonomy to associates, access to a global talent pool, reduced real estate requirements at organization level, presence and penetration in multiple markets virtually leading to expanded business and profitability .
The material flipsides are, Difficulty in arranging team meetings, extra effort to be put in to socially weave your organization, cultural shift from manager based supervision to self-management can be challenging sometimes, the distinction between work and life blur drastically and creating a bonded team are certain compromises one might face while working from home.
While there are two faces to each coin, I think “Flexible Schedules” are going to be way forward. It is a brilliant time management tool one can use from his quiver to not only solve personal issues but also professional challenges. It works very well for organizations who are willing to entrust their people with their businesses and expand in multiple geographies just because of their employee presence.