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Monday, December 7, 2020

These Chicago Tech Leaders Were Surprised By the Success of Remote Work - Built In Chicago

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December 7, 2020

MoLo
MoLo Solutions

Before March 2020, most businesses — including tech companies, surprisingly — were hesitant to adopt remote work, fearing it would hinder employee productivity or ruin company culture. Everything to do with work — including office layouts and even snacks — was arranged around meeting in person. 

But COVID-19 forced tech leaders to face their fears and oversee transitions to entirely remote workforces. Nine months later, those same leaders are considering permanently embracing remote work in some form, after learning the mettle their employees are made of and the success they can achieve thanks to flexibility. Built In Chicago spoke with three tech leaders who shared how being forced to work remotely turned them from doubters to advocates. 

“It’s not about where they are, it’s about who they are,” said MoLo Solutions CEO Andrew Silver of his employees’ resilience. “I’m looking forward to the day we can safely be together again in the office, but if people find that they’re more productive or happier working from home full-time, I’m comfortable with that.”

Braviant Holdings CEO Stephanie Klein said she is looking forward to “a hybrid approach that merges the best of both worlds,” after seeing how much more productive and engaged employees are. 

Klein said there would be flexibility to work from home or even anywhere in the world on an extended basis, but in-person would be designated for “idea generation and celebrations (because let’s be honest, a virtual happy hour is never quite as fun as the real thing).”

Meanwhile, however SPINS LLC chooses to work after the pandemic, Senior Vice President of Retail Dawn Valandingham hopes not to forget the lessons learned this year. 

“This year has proven that creativity and flexibility are essential to our business,” she said. “Hopefully, we never have a disruption of this magnitude again, but preserving this sense of innovation and collaboration will strengthen us for whatever the future looks like.

 

Stephanie Klein

CEO

Digital lending platform Braviant Holdings is in the business of using tech like machine learning to reduce barriers to credit for underbanked consumers. So once the six-year-old fintech company had to go fully remote, CEO Stephanie Klein said its Chicago-based team of technologists, data scientists and fintech veterans found new tech-enabled ways to collaborate. As a result, Braviant saw some of its biggest achievements this year, including the launch of its first fintech-bank partnership.

 

Its exciting to see that we can still think big and move fast even when we arent all together in the office.”

 

What’s a preconceived notion you had about remote work prior to COVID-19?

Prior to COVID-19, we believed face-to-face interactions — whether planned whiteboarding sessions or spontaneous hallway conversations — were critical to brainstorming big ideas and problem-solving. We had always enabled the team to work from home as needed, but it was hard to imagine that we could replicate the same level of cross-functional results and productivity working remotely on a full-time basis. As it turns out, COVID-19 forced us to experiment with new ways of working, and it’s exciting to see that we can still think big and move fast even when we aren’t all together in the office. 

 

How has your opinion shifted since transitioning to a fully or partially remote workforce, and what does this mean for the future of your business?

As we’ve transitioned to a fully remote workforce, we’ve discovered new ways to stay productive and collaborate virtually. In fact, we achieved some of our biggest wins while working remotely, including the launch of our first fintech-bank partnership. 

The remote experience will have a profound impact on the future of our business. While we still believe there’s nothing quite like interacting in person to build culture and camaraderie, we’ve come to appreciate how increased flexibility leads to happier employees who continue to be productive, effective and engaged. 

Once the time is right, we envision a hybrid approach that merges the best of both worlds: in-person idea generation and celebrations (because let’s be honest, a virtual happy hour is never quite as fun as the real thing), plus flexibility to work from home a couple of days a week or even work from anywhere in the world on an extended basis. 

While 2020 may be a year that many of us want to put in our rearview mirrors, we’re grateful for the unexpected experiment and to learn that a new approach to work-life balance for employees will pay dividends for years to come.

 

The Link Lonk


December 08, 2020 at 01:52AM
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These Chicago Tech Leaders Were Surprised By the Success of Remote Work - Built In Chicago

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