The outbreak of coronavirus is the largest in the world are working to experiment

The outbreak of coronavirus is the largest in the world are working to experiment

Thanks to the crown appeared to work from home, is no longer a privilege, it is a necessity. While factories, shops, hotels and restaurants to warn the pedestrian traffic reversal, transforming cities into ghost towns, behind the closed doors of apartments and suburban homes, thousands of companies are trying to stay in a virtual world in service to find out. Sign up for our daily newsletter crown by clicking on this link, and send any tips, leads and [email protected] stories. “It ‘a good opportunity for us to test from home to work off large-scale,” said Alvin Foo, CEO of Reprise Digital, Shanghai advertising agency with 400 people, part of the Interpublic Group. “It’s not easy for an agency creative advertising that a lot personally exchange of ideas.” It will mean a lot of video chats and calls, he said. Cohorts of working from home are in the process of growing armies. Right now, most people in China still on holiday for Lunar New year. But as Chinese companies begin restarting operations, it is likely to usher in the greatest work in the experimental world. This means that many more people trying to customer meetings and group discussions via video chat applications or discuss plans of productivity software platforms such as work or WeChat Bytedance organize the slack as Lark. The vanguard for the new model employees are scattered Chinese financial centers of Hong Kong and Shanghai, the city with the central business district who rely on hundreds of thousands of employees in the finance, logistics, insurance, law and other places of employees work. compensation expense, said a banker in Hong Kong, he will extend a holiday abroad, while you can work from anywhere with a laptop and a mobile phone. Others say that they are generally spent the time to clear with customers food and drink their backlog of travel expenses. One said to focus on offers in Southeast Asia will be moved. “No one takes my pretty empty sessions my program,” said Jeffrey Broer, a venture consultant in Hong Kong. “A person via e-mail to myself, ‘If we want to meet somewhere in February’ ‘One of the most disturbing factors for employees, the rapid evolution of the virus effect, starts the political daily changes business. Mamuchashvili Tiko, senior event planner at the Hyatt Hotel in Beijing, presumably to return to work on Friday, was initially told that her leave would be extended to February 3, it received a notice of working from home for two more days. a few days later, the Directive has been extended to February 10. you must inform your department every morning on their location and the relationship if it is running a temperature. “As a general rule, to work back from vacation feeling a bit ‘ strange, but this time with so little work from home it still feels unusual, “he said. with hotel cancellations of events rotation on a daily basis,” virtually everything poss or do, respond to e-mail, “he said. can be as well as the crown, the global economy infect concern exodus Some office managers will reduce productivity, but there is evidence the opposite is true. found a study in 2015 Stanford University in California that productivity in the call center employees rose to Chinese travel agency Ctrip 13% when working from home to fewer breaks and more comfortable working environment. Common Room during the virus on a larger scale that the theory can be proved that represents an existential threat to another new business model: the areas of cooperation that exploded in recent years from major Chinese cities multiplied flats for rent through the roof and start-ups tech. “It will be a very difficult time,” said Dave Tai, deputy director of Beeplus, a space of co-working Chinese and a bakery with 300 employees. The virus has delayed the opening of its Beijing location and he says that it is virtually impossible for him and others working in his industry at home. no customers ready to work in confined spaces in the physical space, the business will die. “The core of the work space is the community, people come together. It ‘difficult for interaction and on-line connection to be replaced,” he said. Coaching for many companies to stay home used only solves part of the problem. Many rely on factories, logistics companies and retail stores that address their own problems. For the case of Casetify phone manufacturer was in 2020 it should still be the best of the year. Number of employees of companies with headquarters in Hong Kong had exceeded 150 by the end of December, and was aiming to double its sales this year. But it has caused the spread of the virus from the city of Wuhan, the factories in China that make its products and remain closed induced Casetify ask most employees work from home. A new branch in Hong Kong airport was empty. Sales tanked in the city. “The show must go on, somehow,” said CEO Wes Casetify Ng, who was on a laptop in a recording apartment he shares with his wife and nine month old son. No Plan B Casetify has 30 days outside the camp, but Ng said there is no plan B if the factories as soon reopen a situation shared by thousands of other companies in China and around the world. Even for those who do business on the Internet and phone, it means that the virus can not be doing much business. Bankers say IPO and tenders must be preserved. value of the transaction in the first 30 days of 2020 was half of what it was a year earlier, according to data compiled by Bloomberg. “The worst is yet to come,” said Nomura analyst Ting Lu in a research note. “We expect that the crown could take a blow to the Chinese economy in the near future regarding SARS in 2003.” While the statistics, the new coronavirus is not as deadly as SARS suggest it has already infected more people, and the speed with which the disease spreads arouses anxiety. Much of the expected shock to the economy in the current outbreak probably changes are “human psychology” Warwick McKibbon, an economics professor at the Australian National University in Canberra. He said SARS, the global economy has cost $40 billion, and predicts the shot from Corona brought three or four times higher. “Panic is what appears to be the biggest obstacle to the economy, rather than death,” he said. formed with factories and office workers stay home, many Chinese for the services sector a difficult time. The sector is much larger than it was during the SARS epidemic, 53% of the Indian economy, compared with 41% in 2002. But without customers, many companies are in the balance. moved premieres of hit movies, most of which were planned holiday for the new year, Nomura said. Some companies have the Internet to help customers become loyal, hoping to survive the epidemic. It does not work out of Shanghai Chen Fenix ​​owner of a gym has had to close the intention of its Hello fun gym for three days to the Spring Festival. He slowed down to 10, with the city of recommendation under February to reopen. “Most of the people in Shanghai have to remain essentially at home in order to avoid public places,” he said. “The impact of fear of virus epidemic will have on our sustainable business.” So Chen to promote the exercise of the customers at home and publish on-line instructional videos. “If they continue to do this habit of blowing our business after the virus also important,” he said. -With the help of Sybilla Gross.