Almost three-quarters of Hong Kong respondents believe that flexible working can result in increased employee productivity, according to recent research.
An independent survey conducted for global flexible workspace provider Regus that canvassed the opinions of more than 20,000 senior business people globally revealed that 73 per cent of Hong Kong people see extra productivity as a key benefit of being able to work flexibly. Other benefits were believed to be better decision-making, better time management and the ability to form useful business connections.
Experts tend to agree that certain initiatives boost productivity. These include flexible working; cloud computing; knowledge management; better communication; training; and health measures such as giving employees the opportunity to cycle or walk to work.
Hong Kong's business decision-makers believe that flexible working also improves the quality (65%) and speed (63%) of decision making. A majority also believe flexible working fosters creativity (73%).
Respondents in small businesses viewed flexible working more positively than their counterparts in bigger firms.
"Analysts highlight a number of practices that have a positive impact on productivity," says John Henderson, Chief Finance Officer, Regus Asia-Pacific. "According to the experts, flexible working is one of the most important of these, and our survey shows that local businesspeople also believe it creates a host of other benefits. While traditionally-minded bosses sometimes have concerns about how flexible workers spend their time, our research suggests such fears are actually groundless. The inescapable conclusion is that businesses in fact have little to lose and potentially lots to gain by enabling flexible working."