This post was originally published on this site
As macroeconomic uncertainty continues to challenge business leaders worldwide, a growing number of organizations are embracing hybrid work—not just as a pandemic-era solution but as a long-term strategy for resilience, growth and talent retention.
A recent global survey by the International Workplace Group revealed that 90% of CEOs and CFOs are concerned about macroeconomic instability. In response, 86% are actively taking steps to protect their businesses financially, with hybrid working emerging as a key enabler.
Related: What the strange bedfellows in the return-to-office debate say about the future of work
“In times of economic volatility, CEOs are carefully evaluating how to navigate uncertainty while driving efficiency and growth for their business,” said Mark Dixon, founder and CEO of the group. “They recognize that flexibility is not only crucial when it comes to safeguarding their operations but also enhancing the productivity of their teams.”
While cost reduction is a significant driver, with 83% of CEOs and CFOs citing hybrid working as instrumental in their cost-saving efforts, its benefits extend far beyond that. “By empowering their teams to work closer to home in local workspaces and offices, organizations operating in the hybrid model are able to significantly reduce their costs and improve