Team 72

in this presentation, we will be identifying the challenges,

benefits and solutions employees and employers face while

working remotely in manufacturing and finance departments.

So what does it mean to work remotely

simply put

working remotely is a style of work that allows

professionals to work outside of the traditional office environment,

such as at home or in a part.

Yeah,

the reason why working remotely exists is essentially the result of

recognizing that not all work requires a specific fit work environment.

It grants employees and employers the flexibility to

design their work around their daily activities,

creating a coexistence of personal and professional life.

So how does remote working influence manufacturing?

To answer this first, we must define what is manufacturing?

Manufacturing is the process by which raw materials

are transformed into Finnish are partially finished,

sellable goods.

What working remotely does for manufacturing departments is

increased efficiency and effectiveness of some work activities.

These include

encouraging the implementation of online technologies,

the reduction in size of factories and operation centers,

encouraging the shifting of floor operations to

become manned by a generally skilled team,

capable of achieving multiple tasks and place the specialists on remote platforms

and by increasing the employee's motivation to perform tasks.

The implementation of technology can

benefit manufacturing department by reducing

the number of persons required to perform a specific task and

enabling the department to create a more consistent product.

A reduction in factory size can see less human workers,

which overall reduces the modest space required to perform

manufacturing tasks

and having two teams, one more generally skilled on the floor

in person

and one remotely who specializes in task that can be performed remotely

would reduce the number of persons required to perform specific tasks.

Overall employee motivation has seemed, has proven to be increasing.

Overall remote working has shown to motivate

employees to further perform

overall employees motivation to perform tasks has been proven

to increase as a result of remote working.

According to W. B. M.

Technologies,

inc many of the benefits associated

with working remotely are increasing productivity,

happier and healthier employees and better performance.

Yeah.

With these benefits,

with these benefits, remote working has also seen some chocolate.

With these benefits,

manufacturing has also seen some challenges when it comes to remote working.

This is the result of manufacturing being primarily a physical base

department

operating

tasks such as operating machines,

delivering orders,

employees not having the correct technologies

and we're employees struggling to adapt to the remote working

are all factors that create

that made remote working very challenging.

As a result of COVID-19 many

manufacturers encountered several operational issues,

forcing them to either reduce their outputs

with limited staff or temporarily halt production.

This caused a demand for products

of further in this caused the demand for products to further increase

and revenue

to decline in sales.

As a result of COVID-19 many manufacturers in cultured several operating issues,

forcing them to either reduce their output

with limited staff or temporarily halt production.

This caused the demand for products to further

increase and revenues to decline as sales decreased

remote working is also a costly undertaking for employees

costs associated with acquiring equipment is one of these costs,

as many employees do not have the appropriate equipment to

Mhm.

Additionally,

adapting to remote working can be a challenge

for some employees as they lack the training

to understand and perform tasks remotely.

So how does remote work can influence finance?

Well, first we must find what is finance,

Finance is the management of an organization's money.

This can be done in the form of investing, leveraging, credit, debt etcetera.

According to current,

the benefits of working remotely and finance have

been found to be an increase in productivity.

This funding has been

this increased productivity has resulted from

increased personal well being of employees,

better relationship with employees and employer and a

relatively easy transition to a remote work environment.

The increased productivity resulting from increased personal well being.

One of the goals of an organization and it's

moved to work remotely is to increase its efficiency.

One way to achieve this is by increasing the productivity of workers

according to my garden McGregor's theory of motivation

employees required challenging task to maximize motivation.

This along with the freedom to consequent.

This along with the freedom of consequence of working remotely due to the lack

of micromanagement and in an increase in

employees mental health has encouraged greater productivity.

This along with the freedom consequence of remote working

has resulted.

This along with

this along with the freedom consequence of remote working due to a lack of

micromanagement has seen an increase in employees

mental health and an overall greater productivity

according to Martha.

More than a quarter of employees experience

less passive aggression when conducting work remotely

and eating. In this defining they found that over 50

according to mirror.

More than a quarter of employees experienced

less passive aggression when conducting work remotely.

And over half of employees feel trusted to work autonomously

increasing their mental health.

And and this is also the finding that 50% of employees also asked about their,

sorry 50% of employers also asked about their employees well being

finally one of the biggest benefits to find acts.

Finally, one of the biggest benefits too.

Finally,

one of the biggest benefits to working remotely in finance

is the easy transition from a traditional work environment.

Many protests is involved in the fight.

Many processes involved in finance were already conducted aided by technology.

This made the shift a lot easier as technologies were already in place.

This made the shift a lot easier as technology was already in place

past, such as investing, borrowing,

issuing pays

tasks such as investing, borrowing,

issuing payrolls and analysis were all

already being conducted via electronic means.

However, consequence of technology,

there are other challenge, there are some

however consequence of technologies,

there are many challenges that also face finance,

security,

cost of technologies, software, equipment and maintenance

and employee incompetence in using technologies are a few

in finance security is one

major

challenge that

in finance security is one major challenge that work

in finance security is one major challenge that remote working has faced

many employees.

Many employers are concerned that information about their company

and clients financial details can be accessed by members of the public

like family members and friends or

by cyber attacks

or fear the vulnerability of home internet connections and networks

to cyber

or fear the vulnerability of home internet

connections and networks to cyber attacks.

On top of this.

The cost of implementing such technologies in each individual employees,

remote working space can be very high.

If employees do not own the appropriate equipment required to achieve task.

It forced the organized organization to invest in equipment.

This becomes a problem enlarged. If manufacturing uh

this problem becomes even greater,

this problem becomes greatly enlarged.

If the foundation for essential equipment to operate is not owned,

are installed in many employees homes

in finance.

When working remotely,

you are required to have sound stable and required and reliable

in finance when working remotely,

it is a requirement to have sown stable and reliable

in finance,

it is required to have sown stable and reliable connection.

And if these fundamentals are not in place,

it can pose extremely costly to employers.

Mhm.

Okay,

then there's the incompetence that employees may,

then there's a lack of training that employees may have,

then there's the challenge of lack of training.

Many employees may not be very

tip.

Many employees may not possess the nor hole

to utilize the technology is correctly

and if problems were to raise, would not know how to rectify them,

essentially creating a bottleneck in operations.

So what are some solutions to working remotely in manufacturing and finance?

A few senators of

a few solutions that we found our selecting those within a company who are capable of

working remotely and recognizing those who are required

to remain in a physical world space.

These, for example, can include emergency personnel

training, remote workers and educating them on equipment damage,

training employees to work remotely and educating them

on challenges and dangers that can arise.

Well performing tasks is another way that

is another way to combat the challenges

of working remotely

and finally implementing software that will monitor

Mhm.

And finally implementing software that will

monitor machinery and data level entries.

Team 72

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