• By failing to embrace new ways of working, Britain’s businesses could miss out on a combined saving of 6.6 million hours and £1.6 billion per week
• O2 urges Britain’s businesses to adopt an “Anywhere Office” approach to drive growth
With productivity playing an increasingly central role in driving the UK’s economic success, new research from O2 shows that growth will come from challenging the norm of the working day by maximising the benefits of technology. Crucially, the report shows that allowing private sector employees to use technology devices to adopt an “Anywhere Office” approach to work could power a combined saving of 6.6 million hours per week – or a potential £1.6 billion.
The report, Redefining selling, serving and working, commissioned by O2, reveals a desire from almost half (46%) of employees to break the 9-5 to help them become more efficient and achieve greater career success – but with just 48% of Britain’s businesses having integrated digital into their business strategy, they risk being held back..
For those businesses that have introduced an Anywhere Office policy, greater efficiency is cited as the greatest benefit, while a third (31%) think that using technology such as smartphones and collaboration software at work allows them to save time during their working week.
Ben Dowd, Business Director at O2 says:
“In the wake of the Bank of England’s latest Inflation Report, the productivity of Britain’s businesses is under more scrutiny than ever. But our report shows that it’s not about making the country work harder – it’s about using the technology already at the fingertips of businesses to work smarter.
“Taking this approach doesn’t mean employees should be accessible 24/7; it means giving people the option to work in a way that suits them, in order to drive maximum productivity and – in turn – power economic growth for the UK as a whole.”
Additional findings from the report show:
• In terms of the benefits enabled by the use of technology at work, employers believe it:
– Improves colleague collaboration (55%)
– Facilitates greater business efficiency (44%)
– Leads to increased customer satisfaction (37%)
• Of the sectors that are adopting the Anywhere Office:
– Four fifths (80%) of senior managers in the professional services sector agree that remote working is becoming increasingly common in their organisation
– This compares to just 58% in the retail and leisure sector
O2 has issued 5 key pieces of advice to businesses on how to introduce an Anywhere Office:
- Introduce flexible working hours, allowing employees to work at times of the day that suit them
- Equip employees to work securely from anywhere – this can be easily achieved by something as simple as ensuring that every employee has a company laptop, mobile or tablet
- Provide access to fast and reliable connectivity
- Get a web-based data storage service, which allows employees to simultaneously work on a document from wherever they are
- Make journeys more efficient – arm employees with the tools to make journeys a productive part of the working day
To download the report in full, please visit http://connect.o2.co.uk/2015YouGovResearch