A governance guide to flexible workplace arrangements
The COVID-19 pandemic has undoubtedly changed the way we work. In the years leading up to the pandemic, organisations had already begun to transition away from traditional in-office working to a model where many workers chose to work from home. The pandemic fast-tracked this process, creating a key challenge for organisations in determining the balance between flexible and traditional work arrangements to ensure the most effective and appropriate model.
There are a number of benefits to flexible working arrangements, such as improved work/life balance for staff, allowing employees to better focus on tasks and projects without distraction, reducing commute time, avoiding traffic congestion and lowering their environmental footprint – to name a few.
But what is considered good governance when it comes to flexible working arrangements? While organisations have in place governance, performance, and risk management frameworks covering formal office working arrangements, they may not have properly addressed working arrangements outside the office.
Good governance for an organisation is to ensure its governance and risk management frameworks address the challenges of a flexible workforce, balancing the benefits of flexibility with those of the traditional workforce model, to achieve required outcomes and goals.
Governance Institute’s CEO, Megan Motto emphasises the importance leaders must play in establishing such frameworks saying:
‘There must be a holistic approach to creating policies around flexible working arrangements by considering the needs, risks, and objectives of the organisation.’
There are a number of issues that need to be considered when developing frameworks and policies around flexible working arrangements. Examples include ensuring technology supports a blended working model and that there is clarification around roles, authorities and accountabilities of employees’ working flexibility to ensure clear and effective accountability for their decisions.
This is why the Governance Institute has launched a Good Governance Guide: Governance issues to consider when dealing with flexible working arrangements. For more details, head to the Resource Centre on our website.