harvard business review hyper-connected workforce report highlights

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Why connected working matters to your business. Key findings from the August 2015 report, The Hyper-Connected Workforce, from Harvard Business Review Analytic Services, sponsored by Verizon.

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Why connected working matters to your business.Key findings from the August 2015 report,The Hyper-Connected Workforce, from Harvard Business Review Analytic Services, sponsored by Verizon.

This document and any attached materials are the sole property of Verizon and are not to be used by you other than to evaluate Verizon’s service.

© 2015 Verizon. All Rights Reserved. The Verizon name and logo and all other names, logos, and slogans identifying Verizon’s products and services are trademarks and service marks or registered trademarks and service marks of Verizon Trademark Services LLC or its a�liates in the United States and/or other countries. All other trademarks and service marks are the property of their respective owners.

Proprietary statement.

The Hyper-Connected Workforce

The Hyper-Connected Workforce

For the majority of companies, working from home, the road, or a nontraditional o�ce is now part of everyday life.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

48 of employees now use mobile and remote work technologies extensively.

41 use them moderately.

%

%

The Hyper-Connected Workforce

Cost-e�ective collaboration tools are now readily available.

That means any company, no matter what size, can now easily support connected working.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

84% 79%use video.

use instant messaging.

The Hyper-Connected Workforce

But there are still barriers to connected working.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

Top 5 barriers to a hyper-connected workforce:

41%say there’s a lack of skills.

38%

say they have insu�cient IT resources.

31%

say they need management guidance.

27%

say they lack the right tools.

25%

say the network doesn’t support the connected work experience they expect.

The Hyper-Connected Workforce

For many organizations, connected working requires significant cultural change — one of the hardest things any organization can undertake.

The Hyper-Connected Workforce

But there’s a cultural gap between “digital natives”, who grew up with technology, and everybody else.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

Under 35s say they lack the right tools. <35s

>50s

Over 50s say they lack the skills to leverage the tools.

The Hyper-Connected Workforce

Millennials and Gen Z expect to be using consumer-like tools to communicate.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

87% of respondents say the under 35s have the highest expectations of connected working.

87%

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

67 of respondents say that connected work that is not well managed leads to less collaboration, not more.

Connected work needs to be well managed.

%

Give lines of business more say.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

say they have the final say.

27 say they are heavily involved in specifying what’s needed.

40say lines of business provide insight on the choice of devices and applications that enable connected work.

7

Bank

Store

%

%

%

The Hyper-Connected Workforce

If you can overcome the hurdles, connected working can be a game changer.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

78%

68%

67%

say it increases business agility and responsiveness.

say it increases productivity.

say it improves internal collaboration.

64%say it improves geographic diversity.

53%say it improves external collaboration.

34%say it reduces operating costs.

31%say it reduces overheads.

30%say it increases revenue.

The Hyper-Connected Workforce

Fail to embrace connected working and you could also miss out on the best talent.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

75 of respondents say their organization must support connected work to attract and retain the best talent.

%

The Hyper-Connected Workforce

Employees and managers recognize the value of connected working — and not just to their work-life balance — and are pushing for more.

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

36 of respondents say that the pressure to increase connected work is coming primarily from individual employees.

27 say it’s coming from business-unit or function leaders.

%

%

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

51 of respondents say it’s a high priority that their business increases mobile and remote working.

%

Source: “The Hyper-Connected Workforce”, a 2015 Harvard Business Review Analytic Services report, sponsored by Verizon.

The Hyper-Connected Workforce

Just 15% of respondents say C-level executives are pushing for more connected work.

15%

Time for executives to get onboard?

The Hyper-Connected Workforce

We’re not close to realizing a hyper-connected workforce yet.

There’s still plenty you can do to stay ahead and stay connected.

The Hyper-Connected Workforce

To find out how you can realize a hyper-connected workforce, read the full report:

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A HARVARD BUSINESS REVIEW ANALYTIC SERVICES REPORT

WORKFORCE

sponsored by

www.verizonenterprise.com/hbr-hyperconnected