Latest Posts

BDO Webinar Recap

July 14, 2020

One of the benefits of the recent COVID-19 pandemic that many businesses are experiencing is its ability to evolve and come up with creative solutions to complex problems. On June 24th, speakers from BDO: Matt Grossman, Gregory Gratteau, Karen Schuler, Ross Forman, and Walter Seliga spoke about the evolution of people, places, and productivity in the workforce.

It is clear that the pandemic will continue to impact organizations. Business should start to ask themselves where they want to be in terms of response and recovery, including possible business requirements and operational requirements in order to be better prepared moving forward.

People are at the forefront of every business, so it is important for workers to understand the new return to work policies and guidelines that are put into place, as well as new expectations that will be given. There is a need for employee engagement, and it will be important for businesses to discuss how employees can stay engaged and continue collaborating moving forward.

From a management perspective, there will likely be new ways of recruiting and hiring. Businesses will need to adapt to new technology in order to conduct training and onboarding procedures. Leadership will evolve throughout the duration of this pandemic and beyond, with new ideas on how to lead in a virtual environment, and how to maintain a company culture. With many employees working remotely, it can be difficult to continue a company’s past culture, so it may be necessary to implement a new one, or make revisions to the old one.

With the increase in remote work, the use of office spaces is expected to change moving forward, and new ideas will be put into place to ensure the health and safety of employees. Offices will have a new purpose, and will likely have to undergo restructuring in order to fulfill updated guidelines. The implementation of a hybrid work style is likely to be a common practice among many businesses, and it will be important to understand how to collaborate virtually effectively, which will take practice, but in the long-run will benefit companies immensely.

Unfortunately, since there has been an increase in web use, it has also led to an increase in data breeches and phishing activities. Businesses need to be aware of this, and the implications if proper protection is not practiced. There are new regulations being put into place that will help keep data safe, but businesses should continue the conversation of deciding a timeline that certain bits of information will be needed, and when to discard the information from their systems. This information is industry-specific, and should be discussed in detail to ensure the safety and security of the information being collected. Businesses should develop a data protection framework, and establish a holistic ta protection program to evaluate their options.

It is important to remember that evolution will require flexibility and change, which can be difficult to accept at first, but will create long-term benefits to businesses.

Categorized in:

This post was written by Elevate, Inc.

Comments are closed here.

Get Connected

Join our networks and stay in touch.

Read Our Testimonials

Hear what our customers have to say

“Aakash Patel, Chris Melvin and the rest of the Elevate team simply delivered. The connections Aakash made led to valuable relationships for me and new clients for RevStar. You can’t fully appreciate what Elevate can do for your business until you experience it first hand. I personally recommend their services to anybody looking to grow their network and business within the Tampa Bay community.”

Ken Pomella, PMP – CEO, RevStar Consulting

“If you’re looking to dive into the who’s who of Tampa Bay, Elevate, Inc. is the only way to go. Elevate worked closely with Tampa Bay Plumbers to help us get our foot in the door with the right business and community circles to help us grow. We appreciated Aakash Patel & Chris Melvin’s professionalism, attention to detail, and willingness to go over and above to provide us a quality service. The contacts through Elevate are numerous and professionally beneficial and the staff is always available to us. We enjoyed working with the Elevate team and will definitely keep them in mind for our future business needs.”

April Diemer – Tampa Bay Plumbers

“Working with Aakash and his team at Elevate was a great fit for our growing organization. His team helped us connect with key influencers across the region and identify opportunities. Together you work to define your goals and who you’re targeting and through their connections and network they can make warm introductions to the decisions makers you need to connect with.”

Chon Nguyen – Founder & CEO, Newgentek

“Elevate, Inc’s. business relationship building process and their specialized one-on-one client service has opened doors and created potential opportunities that we wouldn’t have been able to create on our own. If your business would benefit from business relationship building introductions, I highly recommend Elevate, Inc.”

Gary LoDuca – Founder & Owner, Thoughtful Advisors – 401(k) Plan Designs