In our constant push for convenience, optimization, and productivity gains, it's easy to lose sight of one of the most important factors in workplace success: being human. Sure, it may be faster to assign a task in Asana than it is to talk to someone, and knocking back a protein shake may be more convenient than having lunch with coworkers. Still, both of those choices mean missing out on an opportunity to interact, share, and empathize with others.
Over the past few months, COVID-19 has completely reshaped how we live and work. As the nation gradually reopens for business, we will see even more changes in how we go about our days. While measures like wearing masks and maintaining social distancing are the visible face of our new normal, there are plenty more underway - many of them designed to make life better, easier, and more equitable for today's workers. Here are some of the workplace shifts we hope to see in the coming months.
The coronavirus pandemic has changed the world as we know it. The global economy is on pause, with entire industries halted. While things may start back up again in May or June, we probably won't see a return to "normal" until 2021.
You've had a brilliant idea, one you think could turn into a rare "unicorn". But before you dive headlong into launching a business, first take the time to validate your idea. This will help ensure that there's room in the market for your idea - along with potential customers. It can also save you from doubling up on something that already exists, or attempting to shoehorn yourself into an overcrowded vertical.
Here's how to figure out whether your idea has legs.
Savvy consumers are moving away from single-use products - and so are savvy businesses. After all, the easiest way to ensure customer retention is to build it into your business model. So how are they doing it? With the subscription model.
Gone are the days when subscriptions were only associated with newspapers and magazines. In 2018, 29% of the value of the top 100 brands is in subscriptions - up from 18% in 2009. If you shop via Amazon Prime, watch TV through Netflix, cook using Blue Apron and pay for an annual Microsoft Office license, you're buying into the subscription economy.
So why are subscriptions so great, and why should you build them into your business?