While a business strives to sustain and making a profit for growth, it is also exposed to various types of risk which is out of its control. A few examples are operational, economical, political and biological risk.
In view of more diverse and frequent outbreaks of diseases and infections, business needs to better prepared itself to the pandemic/epidemic threats that might jeopardize its continuity in an extremely short period of time.
A business experiences the impacts of an outbreak through its employees, suppliers and customers. Financial losses can arise because of workplace absence (quarantine order, leave of absence, Stay-Home Notice and medical leave), increased healthcare cost, disruption to business operation, supply chain disruptions, border closure and reduced customer’s footfall.
Is your office setting ready for the millennials? As a commercial interior designer specializes in technology integration with universal design (UD) principals in mind, we understand how appropriate use of technology and space can facilitate collaboration, improve productivity and inclusiveness effectively. Talk to us to find out more.
Employees are generally happy in their jobs, but as communications and productivity technology advances, they are becoming increasingly dissatisfied with workplace capabilities. Though they still rely on analog equipment like landlines and desktops, they’re ready for a workplace that can accommodate their changing lifestyles.
~ Dell & Intel Future Workforce Study Global Report
Staff costs can take up as much as 90% of typical business operating costs. Designing and running your business in a highly efficient workspace with appropriate technology integration and corporate culture can certainly improve collaboration, effectiveness, efficiency and staff retention, thus, reducing staff costs.