Performance tracking: Companies are accurately monitoring productivity and performance levels among remote teams by implementing data-driven performance evaluations to assess each staffer's progress within their role. This helps to address the most significant challenges facing remote teams, like loneliness, unplugging after work and communication/collaboration across teams. ![]() The process comprises collecting and analyzing data through research and drawing insights that benefit the company.Īutomation: Companies are future-proofing by building cross-platform automation infrastructure that facilitates asynchronous work and reduces human capital expenses and latency while enhancing productivity and team experiences. Instead of making assumptions, the technique leverages accurate, verified data to understand a business's needs. Among the trending approaches used in managing co-located workers that can yield results when applied to distributed teams include:ĭata-driven decision-making: This involves using facts, insights and metrics to make strategic business decisions that align with a company's goals, strategies and initiatives. These enterprises have succeeded at remote management minus physical face-to-face communication. Most of us have used products and services from companies like Stack Overflow, Zapier, Stripe, Automattic, InVision, Gigster and GitHub that successfully operate distributed teams. The elephant in the room then is predicting which reality will unfold. The rise of contract workers will create a race to the bottom as employees are forced to underbid each other for the limited "human work" available. ![]() Unless mediated and executed responsibly, AI and distributed workforce could cause further separation as fortunes are concentrated at the top of the pyramid. The profit maximization theory introduced by Milton Friedman in the '70s saw the death of the stable middle class and has caused the income gap to rise exponentially ever since. If, or when, our planet is ever faced with an existential crisis, being able to leverage the entire human race efficiently to solve it is our only hope.ĭystopians see automation and global talent access as a way for money-hungry leaders to further cut costs while maximizing profits at the expense of their workers. Without this future, innovation ability at a global level will stall and put humanity at risk of extinction. ![]() Utopians see a future where technology enables and facilitates a global workforce that is able to interact seamlessly - where opportunity is no longer bound by borders, and anyone has access to highly skilled work.
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