The future of SMEs and work after the coronavirus

It is known to everyone how the current health crisis caused by COVID-19 is affecting the world of business and work.

The circumstances in which the economy and the company will move in the short term will also be elucidated once the current state of economic lockdown is exited, which has come to be called “de-escalation” or “lack of confinement”. “

But what then? What changes will remain once the health crisis is fully overcome? How is this crisis going to influence the future labour market and the way SMEs work. Is it possible that there are sectors that are strengthened and even business opportunities arising? 

Telecommuting

It is the great star in the labour and business world of this crisis since it has allowed part of the economic activity to continue operating.

It is evident that teleworking will become more important in the near future, not only because it has proven to be an agile tool in emergencies like the current one, but also because certain taboos have been broken, such as combining family and work under the same roof. or doubts about the productivity of teleworking.

This, together with the evident saving that teleworking entails in fixed costs for the company, puts forward a good case and a promising future for this type of work.

This will surely involve a boom in training workers in cloud computing tools.

The worker will not only have to handle the main computer tools of his work, which will tend more and more to work from the cloud, but also tools for videoconferencing, internal communication, work organization, etc.

So it is not unreasonable to think of a growth in the demand for training in the use of cloud apps for workers.

It is also to be expected an increase in the demand for quality internet services as well as a renovation of the computer park at home. If we are going to work from home we will need the appropriate means.

As is normal in the case of teleworking, the company contributes the means to the worker, we will also face an evolution of the payroll and the tailor-made salary, which we have discussed in another blog.

Cybersecurity

It will no longer be enough for the computer security measures to be limited to the physical space of the company, they should also be extended to homes in order to meet the security requirements in the case of teleworking. A business opportunity for computer security consultancies.

Data protection

And linked to all of the above, it is reasonable to think that we will also experience a boom in training and data protection consultancies. Many companies work with sensitive private data, on all those in the telemarketing sector that are subcontracted by banks, insurers, telcos, etc. to carry their customer service.

Therefore, it will be necessary to extend the data protection measures and commitments of the workplace to private households.

Prevention of occupational hazards

But not all economic activity is susceptible to teleworking, there will continue to be work centres with tens or hundreds of people circulating daily through them. So, even when the health crisis is completely overcome, we understand that a new field of action will be opened in the prevention of occupational risks.

Strategies and plans will have to be designed to face new health crises in the company in the future; detection, disinfection and isolation protocols, contingency plans, storage of sanitary material for infection prevention, etc.

More work and business opportunity, therefore, for mutual societies and for labour risk consultants and, therefore, companies that dedicate themselves to training their personnel.

The insurance and financial sector

Surely we will also attend new products from these sectors, company insurance that covers these risks, personal insurance that covers this type of situation for people who lose their jobs, new medical insurance, financial products that cover possible damages to the company in these situations …

In short, when we talk about the future after the coronavirus, we do not have to limit ourselves to drawing societies with greater social isolation than before or less possibilities for work. New opportunities will emerge that can be seized, as has happened after all other crises.