Having been the COO and MD of $150m revenue companies over the past 5 years I have had direct experience of this transition and the pros and cons which accompany.

Remote work has been growing in popularity even before the COVID-19 pandemic, and the global health crisis has accelerated its adoption. While it is difficult to predict the future with certainty, remote work is likely to continue to be a significant part of employment in the coming years. Here are a few reasons why:

Advancements in technology: Technology has made it easier than ever to collaborate and communicate remotely. With tools like video conferencing, project management software, and cloud storage, teams can work together effectively regardless of their physical location.

Cost savings: Remote work can save both employees and employers money. Employees can avoid commuting costs, office attire expenses, and eating out, while employers can reduce office space and related expenses.

Work-life balance: Remote work offers greater flexibility, allowing individuals to better balance work and personal responsibilities. This can lead to increased job satisfaction and productivity.

Access to global talent: Remote work allows companies to tap into a global talent pool, giving them access to a wider range of skills and expertise. This can lead to increased innovation and competitiveness.

Environmental benefits: Remote work reduces the need for commuting, resulting in lower carbon emissions and less traffic congestion. This aligns with the increasing focus on sustainability and reducing environmental impact.

While there may be some industries or roles that require in-person presence, many jobs can be performed remotely. However, it is important to note that remote work may not be suitable for all individuals or organizations, and a hybrid model that combines remote and in-person work may be more common in the future but flexible working is here to stay in my opinion.