Most business leaders in Singapore support the new management/labour concept of flexwork or flexible working arrangements, according to a survey by the global office space and office services provider, Regus Plc.
A Regus statement said their company had recently done a global survey to determine business leaders' attitudes towards flex work arrangements. Singapore residents formed part of the sample size of a total of 20,000 senior executives and business owners in 95 countries who were polled.
Some survey findings with regard to Singapore are the following:
- While 95 % of respondents globally said flexwork improves productivity, Singapore's percentage was 94 %
- Singapore respondents (76 %) said flexwork encourages a greater sense of responsibility and improved time management among employees and workers
- Singapore respondents said flexwork improves the quality (64 %) and speed (63 %) of decision making.
- Singapore respondents (70%) agreed flexwork fosters creativity
- Singapore respondents (60%) agreed that flexwork enables profitable business connections to be made.
The Regus statement commented the results confirm that, in any economic climate, but particularly in times of high market volatility, businesses continue to review their strategies in order to achieve greater productivity.
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