This Week's Herman Trend Alert

Global Training Finally
Growing Again--Part 2

 

  The Herman Trend Alert

July 1, 2009

Telecommuting to a Better Bottom Line

Telecommuting is a logical, stress-reducing, productivity gaining alternative to burning fossil fuels to travel to a congregate workspace.

Now the international technology giant Cisco Systems has just released a study of its own organization demonstrating these benefits and more. Using telecommuting, Cisco estimates annual savings of USD $277 Million. In its in-depth "Teleworker Survey" of almost 2,000 company employees, the company evaluated the social, economic, and environmental impacts associated with telecommuting.

The study found that telecommuting significantly increased employee productivity, work-life flexibility, and job satisfaction. In addition, the report cited that "a majority of respondents experienced a significant increase in work-life flexibility, productivity, and overall satisfaction as a result of their ability to work remotely".

The productivity gains were impressive. Approximately 69 percent of the employees surveyed cited higher productivity when working remotely, and 75 percent said the timeliness of their work improved. Sixty-seven percent reported work quality improvement. Telecommuting can also lead to better employee retention; more than 91 percent of participants said telecommuting was somewhat or very important to their overall satisfaction and 80 percent believed they enjoyed an improved quality of life.

In addition, the environment benefits. In 2008, due to avoided travel Cisco teleworkers prevented the release of approximately 47,320 metric tons of greenhouse gas emissions. Cisco employees report a fuel cost savings of $10.3 million per year due to telecommuting---an average of over USD$5,000 per employee surveyed!

While the organization does manufacture software that facilitates telecommuting and telework, these savings, due to increased employee productivity, were realized internally. The 1,992 Cisco employees polled for this survey are located across five regions throughout the world. Forty percent of the respondents are not located in the same city as their managers. The average Cisco employee telecommutes 2.0 days per week.

Expect to see a continued, steady rise in the number and percentage of employees who telecommute which bodes well for Cisco and its products. The greatest obstacle is the inability of managers to feel comfortable when they are not sharing the same physical space with their direct reports. The good news: they are getting over it.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3547 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

ONLY A FEW DAYS LEFT---JOIN JOYCE AT EDISON AWARDS' MEET THE INNOVATORS FORUM
Want to see the leading edge of innovation? Then you won't want to miss the Edison Awards' "Meet the Innovators Forum" and "Innovators' Showcase" in San Francisco, April 29th and 30th. Our CEO Joyce Gioia will be there and would love to meet you. Elon Musk is accepting their Edison Achievement Award and speaking. For more information, visit http://edisonawards.com/2014EdisonAwards/.

A DYNAMIC SPEAKER FOR YOUR BOARD OR ASSOCIATION MEETING
Wow your audience with fascinating information about the future. Our Herman Trend Alert author, Joyce Gioia, is a popular speaker for a wide variety of different groups. For more information about Joyce and a sampling of the topics Joyce can cover, visit http://www.hermangroup.com/joyce.html or call Carol at 336.210.3548.

BE RECOGNIZED AS AN EMPLOYER OF CHOICE® IN 2014
Now that the recovery is in full swing, employers need the competitive advantage of being recognized as Employer of Choice®. Celebrate your employee-centered corporate culture! This coveted award is well worth the effort, yet is not easy to achieve. Download the extensive application at http://www.EmployerOfChoice.com; or for a Word® version, drop a note to Joyce@EmployerOfChoice.com.

To read this Herman Trend Alert on the web: http:// www.hermangroup.com/alert/archive_4-16-2014.html


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 subscribers in 87 countries, including other websites and printed periodicals. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.