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81 percent of professionals surveyed would like to work remotely at least part of the time
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60 percent confident in the ability of leaders to manage teams in a hybrid work environment
A majority of investment professionals surveyed in a study have said they would like to work remotely at least part of the time, signaling that a hybrid-model workplace necessitated by the Covid-19 pandemic is here to stay.
The study is four-part series of research, conducted by the CFA, a global association of investment professionals, which examines the changes that investment organizations and professionals are likely to adopt post-pandemic.
The changes to be examined are influenced by three critical elements: the context of careers, the content of work, and the culture of organizations.
The findings show that 81 percent of professionals surveyed would like to work remotely at least part of the time.
The first report in the series, “Future of Work in Investment Management”, released by the CFA, said that a majority of investment professionals (60 percent) are confident in the ability of leaders to manage teams in a hybrid work environment.
But their concern is that it will be more challenging for managers to be effective in a hybrid work environment than in the all-remote work experience.
The report also said that leaders’ responses to the stresses of the pandemic would have lasting effects on relationships with employees. The findings include both quantitative and qualitative insights from more than 4,600 investment professionals globally and investment organization leaders representing more than 200,000 employees.
In the first report, The Future of Work in Investment Management, workplace transformation is evaluated through the lens of the “what, where, and how” of work, underscoring how evolution across these factors is happening in tandem and at a rapid pace.
The report explores not only how the pandemic has impacted individuals’ attitudes toward their workplace environment, but also the real-world implications for employers’ business models and structures.
“We find ourselves at the intersection of return to the workplace and the future of work, where the multi-layered challenges we’ve faced as organizations and individuals throughout the pandemic have now become opportunities to transform the way that we work going forward,” said Margaret Franklin, president and CEO of the CFA Institute.
“Within the investment industry, time is ripe to challenge the norms that have long driven our daily work lives. The way that we work must adapt,” she said.
