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* Why Personiv * Solutions * Finance & Accounting * Back Office * Customer Experience * Digital Services * Results * About * Our Team * Awards * News * Giving Back * Cyber Security * Certifications * Partnerships * Pricing * Resources * Blog * White Papers * eBooks * Podcasts * Videos * Infographics * FAQs * Careers * Contact * Why Personiv * Solutions * Finance & Accounting * Back Office * Customer Experience * Digital Services * Results * About * Our Team * Awards * News * Giving Back * Cyber Security * Certifications * Partnerships * Pricing * Resources * Blog * White Papers * eBooks * Podcasts * Videos * Infographics * FAQs * Careers * Contact INSIGHTS + INFO Outsourcing, Management, Executive Strategy and more * All Insights * By Resource * By Resource * Articles * The Ledger * White Papers * eBooks/Guides * Interactive Tools * Case Studies * Reports * Videos * Infographics * Podcasts * News * Brochures * By Role * By Role * CFO/VP, Accounting * Investor/PE Firm * COO/Operations Manager * CMO/VP, Digital * VP, Customer Support * By Solution * By Solution * Finance & Accounting * Digital Services * Customer Experience (CX) * Back Office * By Topic * By Topic * Outsourcing - Getting Started * Streamlining Private Equity * People + Technology * Managing Human Capital * Investing In Your People * Accounting Efficiency * About Personiv * CFO Weekly Podcast × * Share this Article * Facebook * Twitter * Work Email * LinkedIn Home » The Ledger » The Ledger No. 56: Fostering Collaboration in a Remote Setting × Share this Article * Facebook * Twitter * Work Email * LinkedIn July 7, 2022 THE LEDGER NO. 56: FOSTERING COLLABORATION IN A REMOTE SETTING July 7, 2022 Sarah Dameron Welcome to The Ledger where we sum up the latest finance and accounting news and trends for you. On this week’s entry, we’re talking about the best ways to collaborate remotely and why remote teams face communication challenges consistently. Read on to explore how to approach engagement and collaboration in a remote world, how to maintain a collaborative culture in a hybrid (and remote) environment, how to build visibility in a hybrid workplace and ways to leverage collaboration to thrive in business. THE MODERN REMOTE WORLD REQUIRES MORE THAN JUST ENGAGEMENT - LEARN THE BEST WAYS TO COLLABORATE REMOTELY Can you facilitate a successful hybrid (or remote) team with just engagement alone? A recent Gartner study found that workers in 2021 spent 33 percent of their meeting time in person. The study goes on to show that by 2024, that number would drop by eight percent. But the only thing those numbers really prove is that the transition to remote work has accelerated beyond what we could ever imagine. But in the midst of all this reshuffling, companies (small to enterprise-level) are trying to think through new ways of keeping their employees engaged on the job. Which begs the question of not only ‘how’ but ‘why’. The truth is, implementing a remote workforce requires more than just engagement, but collaboration as well. It’s easy to sit at your desk all day, answering emails and messages without actually having to communicate face-to-face. But are your employees really content with their job? Better yet, are they productive? Cultivating a culture that nurtures healthy relationships throughout the company leads to more engaged employees and better collaboration (a win-win for workers and organizations across the board). But wait. How can you build a more collaborative team, no matter the work arrangements? * Investing in tools like Slack or Microsoft Teams * Creating staff experiences such as monthly get-togethers or annual retreats * Developing strategies that will help boost morale, increase retention efforts and improve output For more on how to fuel your remote employees to be more engaged and collaborative, check out the full article on forbes.com. MAINTAINING A COLLABORATIVE CULTURE IN A VIRTUAL WORLD Remote work has become commonplace for companies across the globe. Not only has remote work allowed people to work from wherever, but it’s also leveled the playing field for workers who might not be able to come into office. Despite all the advantages, remote work comes with its own set of challenges, such as fostering collaboration. The key is to invest in your culture – both at a team level and a company level. Here’s how: * Team level. What are the norms around communication? Your team should set expectations in several areas. Areas like: * Meetings * Communication methods * Availability * Company level. You should be thoughtful about your internal communications. This can be done through: * All hands meetings * Weekly newsletters * Video messages from the c-suite The other thing to consider is how to make working virtually fun. You can do this by creating scavenger hunters, virtual happy-hours or hosting offsite events once a quarter. Collaboration in a remote environment takes more work than we would like, but it’s worth the effort. To discover how to maintain a collaborative culture and some of the best ways to collaborate remotely, head over to entrepreneur.com to read the article. BUILDING VISIBILITY INTO A HYBRID WORKPLACE TO SUCCESSFULLY COLLABORATE REMOTELY For many employees, the choice to work remotely is an easy one as the benefits outweigh the challenges. But for a business, flexible work can pose a challenge, especially when it comes tracking performance. A recent ADP survey showed that nearly two-thirds of those polled would consider looking for a new job if they were required to return to the office full time. And although companies want to give workers the flexibility they desire, it’s just not that simple. In order to make flex work, leaders need to rethink their visibility into the org. Here’s a few practices that can help you determine which type of flex work would be the best fit for your company: * Universal. The company has an org-wide work model. * Variable. Scheduling decisions are made at the team level – other departments may have a different approach. * Case-by-case. Employees set their own schedules and must adhere to them. * Fluid. Individuals can work wherever and whenever they want (no geographical boundaries). However, visibility needs differ based on the people involved. People like: * Senior leaders. They need visibility to ensure strategic alignment and coordination across the whole company. * Mid-level managers. These types of leaders are more focused on the team and managing bandwidth. * Individual contributors. Although they’re not at a high level, IC’s need to know schedule preferences of their teammates (as not to interrupt their work time). Moreover, ensuring the success of a new visibility approach requires: * Transparent communication. What are your expectations? * Access to data and insights. You should share the information you found with all stakeholders in a timely fashion. * Action and real-time adjustments. Don’t just sit on the data – take action by identifying opportunities for improvement. For more on how to intertwine flexibility and visibility into teams across the org, read the full article on hbr.org. THE PERFECT MIX: HOW COLLABORATION EQUATES TO BUSINESS SUCCESS What does collaboration mean? Is it sharing the workload? Or perhaps it’s utilizing digital tools to enhance collaboration? Or maybe it’s bringing together people from numerous backgrounds to solve problems and think creatively? Whatever the definition, here’s how to optimize your collaboration to make your company thrive: * Embrace differences and bridge knowledge gaps. What insight will you gain if everyone thinks the same way? Absolutely none. Look outside of your team for answers. * Be aligned on mission and values. It’s okay to debate, as long as it’s healthy and constructive. In fact, diversity of ideas and thoughts is key to innovation. * Reinvent digital and physical collaboration. Many companies have made the switch from in-person work to hybrid work. Hybrid work allows employees to have more control over their time. Employees are the ones who make a company successful. And having a diverse set of skills and experiences is what builds a strong workforce and makes a business stand out in this economy. For more on why collaboration is the foundation for success, check out the complete article on forbes.com. Check our business solutions that enable remote teams to thrive. PREVIOUS ARTICLE The Ledger No. 57: Building an Agile Organization On this week’s entry, we’re diving into the topic of how to build an agile organization in a continuously c... NEXT ARTICLE The Ledger No. 55: Professional Development We’re diving into the topic of how to utilize professional development to build the team you need to boost ... × Get the Monthly Ledger sent straight to your inbox. Work Email Work Email First Name Last Name Thank you for subscribing! Error - something went wrong! MOST RECENT ARTICLES * ‹ * › article about 24 hours ago The Ledger No. 58: Giving Constructive Feedback WE’RE DIVING INTO THE TOPIC OF HOW TO GIVE CONSTRUCTIVE FEEDBACK AND SPARK A POSITIVE CHANGE IN THE WORKPLACE. READ ON TO EXPLORE WHAT NOT TO DO WHEN GIVING CONSTRUCTIVE FEEDBACK. Read Article article 7 days ago The Ledger No. 57: Building an Agile Organization ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF HOW TO BUILD AN AGILE ORGANIZATION IN A CONTINUOUSLY CHANGING WORLD. READ ON TO EXPLORE AGILE PRINCIPLES YOUR COMPANY CAN FOLLOW. Read Article article 21 days ago The Ledger No. 55: Professional Development WE’RE DIVING INTO THE TOPIC OF HOW TO UTILIZE PROFESSIONAL DEVELOPMENT TO BUILD THE TEAM YOU NEED TO BOOST YOUR BUSINESS’S BOTTOM LINE AS WELL AS HOW TO ENCOURAGE IT IN YOUR ORGANIZATION. READ NOW. Read Article article 29 days ago The Ledger No. 54: Time Management WE’RE DIVING INTO THE TOPIC OF THE PRINCIPLES OF TIME MANAGEMENT AND HOW THESE ARE VALUABLE SKILLS TO GET DOWN PAT. LEARN HOW TO HELP AN EMPLOYEE WHO STRUGGLES WITH TIME MANAGEMENT IN THEIR DAY-TO-DAY Read Article article about a month ago The Ledger No. 53: Post-Pandemic Skills WE’RE DIVING INTO THE TOPIC OF WHAT LEADERSHIP SKILLS YOU’LL NEED TO SURVIVE IN A POST-PANDEMIC WORLD. EXPLORE THE TOP QUALITIES EVERY LEADER MUST HAVE IN ORDER TO ADAPT TO A POST-PANDEMIC CLIMATE. Read Article article about a month ago The Ledger No. 52: CPA Firm Growth Outlook ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF CPA FIRM GROWTH OUTLOOK AND HOW TO NAVIGATE SCALING YOUR PRACTICE EFFECTIVELY. READ ON TO EXPLORE HOW TO PREPARE YOUR FIRM FOR A TOUGH LABOR MARKET Read Article article 2 months ago The Ledger No. 51: Upskilling Your Employees ON THIS WEEK’S ENTRY, WE’RE EXPLORING THE TOPIC OF UPSKILLING YOUR EMPLOYEES, SOME BENEFITS, AND WHY THIS CAN TAKE YOUR BUSINESS TO THE NEXT LEVEL. LEARN HOW TO BUILD A SUCCESSFUL UPSKILLING PROGRAM. Read Article article 2 months ago The Ledger No. 50: Best of the Ledger IN HONOR OF OUR 50TH ENTRY OF OUR BUSINESS WEEKLY COLUMN, WE’RE SHARING THE BEST OF THE LEDGER. THE FOLLOWING 10 WILDLY POPULAR ENTRIES ARE SOME OF OUR VIEWERS’ FAVORITE TOPICS OVER THE PAST YEAR. Read Article article 2 months ago The Ledger No. 49: Business Efficiency ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF HOW TO STREAMLINE YOUR BUSINESS (ESPECIALLY YOUR FINANCE AND ACCOUNTING FUNCTION). READ ON TO DISCOVER NEW WAYS OF INCREASING BUSINESS EFFICIENCY. Read Article article 2 months ago The Ledger No. 48: Reinvesting in Your Business ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF REINVESTING IN YOUR BUSINESS – WHETHER THAT’S IN TECHNOLOGY, YOUR EMPLOYEES OR IN ANOTHER ASPECT OF YOUR COMPANY. Read Article article 3 months ago The Weekly Ledger No. 47: Staffing Firm Talent WE’RE DIVING INTO THE TOPIC OF STAFFING FIRM TALENT AND HOW THAT’S AFFECTING THE FINANCE & ACCOUNTING FUNCTION ACROSS THE BOARD. EXPLORE HOW REMOTE WORK HAS OPENED A DOOR TO A NEW HIRING APPROACH. Read Article article 3 months ago The Ledger No. 46: Modern Finance Teams ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF WHAT THE FUTURE OF EVENTS LOOKS LIKE AND HOW THAT AFFECTS THE ACCOUNTING INDUSTRY. READ ON TO EXPLORE THE RISE OF MODERN FINANCE LEADERS AND MORE. Read Article article 3 months ago The Ledger No. 45: The Future of Events READ ON TO EXPLORE WHAT THE NEW VIRTUAL NORMAL LOOKS LIKE FOR THE EVENTS INDUSTRY, WHAT THE FUTURE HOLDS FOR IN-PERSON ACCOUNTING EVENTS, HOW LIVE EVENTS ARE MAKING A COMEBACK AND MORE. Read Article article 3 months ago The Ledger No. 44: Accounting Labor Shortage ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF THE LABOR SHORTAGE THAT’S NOT ONLY PLAGUING THE GLOBAL ECONOMY BUT ALSO IMPACTING THE ACCOUNTING INDUSTRY. READ ON TO EXPLORE MORE. Read Article article 4 months ago The Ledger No. 43: Leading Through Change & Uncertainty ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF LEADING YOUR TEAM THROUGH CHANGE AND UNCERTAINTY AND WHY THAT BEGINS AT THE TOP. READ ON TO EXPLORE HOW TO LEAD AN EXHAUSTED WORKFORCE. Read Article article 4 months ago The Ledger No. 42: Ensuring Quality Work in Your Team WE’RE DIVING INTO THE TOPIC OF HOW TO ENSURE QUALITY WORK IN YOUR TEAM. EXPLORE HOW TO MAINTAIN AUDIT QUALITY GOING FORWARD AND HOW TO NARROW DOWN WHY YOUR EMPLOYEES LEAVE. Read Article article 4 months ago The Ledger No. 41: Modern Venture Capital WE’RE DIVING INTO THE TOPIC OF VENTURE CAPITAL AND HOW TO TAKE YOUR BUSINESS FROM A STARTUP TO AN ESTABLISHED COMPANY. READ ON TO FIND OUT HOW VENTURE CAPITAL SHAPED THE MODERN WORLD. Read Article article 4 months ago The Ledger No. 40: Accounting Reporting WE’RE DIVING INTO THE TOPIC OF ACCOUNTING REPORTING AND HOW TO SUCCESSFULLY UTILIZE IT TO INCREASE YOUR COMPANY’S BOTTOM LINE. EXPLORE WHY ACCURATE ACCOUNTING REPORTING IS AT RISK. Read Article article 4 months ago The Ledger No. 39: Private Equity Talent ON THIS WEEK’S ENTRY, WE’RE DIVING INTO THE TOPIC OF PRIVATE EQUITY AND HOW TALENT IS THE FOCUS IN TODAY’S MARKET. READ ON TO EXPLORE HOW MIDSIZE COMPANIES CAN INCREASE EFFICIENCY. Read Article article 5 months ago The Ledger No. 38: Employee Experience WE’RE DIVING INTO THE TOPIC OF EMPLOYEE EXPERIENCE AND HOW PROVIDING TOP-NOTCH EX IS MORE THAN JUST LIP SERVICE. READ ON TO EXPLORE THE TOP EMPLOYEE EXPERIENCE TRENDS THAT DRIVE COMPANY GROWTH. Read Article Return to All Insights © 2022 Personiv × Streams * All Insights * By Resource * Articles * The Ledger * White Papers * eBooks/Guides * Interactive Tools * Case Studies * Reports * Videos * Infographics * Podcasts * News * Brochures * By Role * CFO/VP, Accounting * Investor/PE Firm * COO/Operations Manager * CMO/VP, Digital * VP, Customer Support * By Solution * Finance & Accounting * Digital Services * Customer Experience (CX) * Back Office * By Topic * Outsourcing - Getting Started * Streamlining Private Equity * People + Technology * Managing Human Capital * Investing In Your People * Accounting Efficiency * About Personiv * CFO Weekly Podcast * Share * Facebook * Twitter * Work Email * LinkedIn × * Why Personiv * Solutions * Results * About * Resources * Careers * Contact HEADQUARTERS: 8601 Ranch Road 2222 Bldg 1, Suite 450 Austin, TX 78730 GLOBAL LOCATIONS: Coimbatore, India Gurugram, India Manila, Philippines * 844.628.3614 * info@personiv.com * sales@personiv.com FOLLOW US: * Instagram * Facebook * LinkedIn * YouTube * Twitter Personiv | © All Rights Reserved | 2022 AddThis Sharing Sidebar Share to FacebookFacebookShare to LinkedInLinkedInShare to TwitterTwitterShare to MessengerMessengerShare to EmailEmailMore AddThis Share optionsAddThis 0 SHARES Hide Show Close AddThis AddThis Sharing SHARESFacebookLinkedInTwitterMessengerEmailAddThis