Apr 2, 2021 Blogs Virtual office

How did the Losses incurred during the covid crisis recover with the help of virtual office

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Since world war II, the most tragic catastrophe that struck the human race is covid-19. Over a year now, the fear of the disease and the fear of its related issues has sunken deep into our very existence. In 2020 COVID-19 affected almost all countries and more than 50 million people around the world. More than half of the world’s population experienced a lockdown with strong containment measures. The raging pandemic in its wake left no realm of human life untouched. Besides being the most dangerous pandemic in over a century, it also triggered social, economic and political crises all over the world. The policy makers had a tough time in malleating the rules and regulations in such a manner that it faces the pandemic while minimizing the magnanimity of its effects on the world economy. 

The very nature of this communicable disease is amoebic. Its nature is unprecedented that it is repeatedly giving health and economic, besides leaving a long-term impact on human capital and productivity. Change is one immediate aftermath of this worldwide phenomenon, and it counts as change in each and every walk of life. The ripple effect of the covid crises have been worsening and it has triggered acceleration of many pre-existing trends, most importantly digitalization.

The vigorous efforts of the Indian government to promote technological modes in the respective sectors of education, economy and commerce got a boost. The sudden declaration of a lockdown and closure of educational and economic institutions lead to a chaos among the general public. There was a pressure on the authorities to alter their method of operating. Although the pandemic has already negatively impacted the global economy as a whole, it could be curbed to a negligible extent by the technological backbone cloud companies and the IT sector provided.

Most of the companies that were most affected were those that remained aloof and distant from virtual and cloud offices. These were forced to reduce or completely suspend operations in affected regions, as travel restrictions and mandatory social distancing and homeworking have been invoked. On the other hand, the companies that previously endorsed and embraced virtual offices and online mode of working. 

When the governments of various regions imposed restrictions on the operation of every industry to curb the spread of the novel coronavirus, it forced the closure of all offices to stress on physical distancing of employees. Companies were struck with losses and various challenges so they shifted to cyber mode as a resilient plan to ensure business continuity, disaster recovery and crisis management. 

To minimize disruption during this pandemic, ensuring proper employee communication, both upwards and downwards in the hierarchy was necessary. The panacea of this was to connect the employees online through virtual office mumbai. The cloud meeting apps like zoom, google meets gained popularity and rapidly multiplied their revenues because most companies and educational institutions utilized them to continue their operation. 

Virtual office  is an alternative way of working that connects the employees and the office ‘lot’ through the internet. It is fully equipped with postal, mailing and telephone services giving more flexibility and reduction of overhead costs. a prestigious business address with a virtual office ensures your brand maintains a credible, professional, and legitimate business image. Since you have no office, you have no commute making virtual offices more environmentally friendly than traditional office space. Moreover, A virtual office allows you to hire the best talent regardless of where they are located, giving you a much larger talent pool to hire the best talent and help your business thrive. If a business is actually burgeoning, virtual office is a lower cost and stress-free alternative to traditional expansion. 

Now, the future strategies of companies are scheduled and chalked out by making the virtual mode of working the backbone of their future crisis management plans. It is rightly said that every crisis is an opportunity a corporate has to ‘make or break’ itself. The covid tragedy was a lesson for all the companies worldwide to gradually embrace the technological advancements and milestones the IT sector is witnessing. Visit iKeva.com now, to own your own virtual space that matches your needs and necessities.

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