IDEAS home Printed from https://ideas.repec.org/a/aza/jdb000/y2021v6i2p130-139.html
   My bibliography  Save this article

Future strategies for remote working in an era of accelerated transformation

Author

Listed:
  • Sjöberg, Peter

    (Peter Sjöberg, Santander Consumer Finance Oy, Risto Rytin tie 33, Finland)

  • Hall, Joshua

    (Joshua Hall, Santander Consumer Bank AS, Strandveien 18, Norway)

Abstract

The pace at which organisations have changed has been materially slower than advances in technology. The breakdown of antiquated mindsets, in respect of remote working arrangements driven by the COVID-19, has unleashed an ability for organisations to catch up. Within the banking sector, new digital native players have forced incumbents to up their game despite the latter continuing to operate models conducive to, among other things, bureaucracy, high cost bases and reduced agility. This paper assesses the backdrop behind the transformational shift to remote working, attempts to underline the significance of robust leadership and clear corporate strategy, and ponders several potential future actions that banks might consider when assessing the ‘new normal’. The authors propose that it is those organisations that embrace the opportunity landscape that presents itself that will secure stakeholder value creation in the long term.

Suggested Citation

  • Sjöberg, Peter & Hall, Joshua, 2021. "Future strategies for remote working in an era of accelerated transformation," Journal of Digital Banking, Henry Stewart Publications, vol. 6(2), pages 130-139, September.
    • Handle: RePEc:aza:jdb000:y:2021:v:6:i:2:p:130-139
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/6687/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/6687/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    strategy; leadership; remote working; collaboration; health and well-being; productivity;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jdb000:y:2021:v:6:i:2:p:130-139. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.