Out of Site, Are You Out of Your MIND?

 

The challenges thus far in 2020 have provided many companies coast-to-coast and in most every industry with a crash course in the intricacies of building and maintaining a remote workforce. This is certainly no different in the ever-essential Land Title Insurance and Settlement Space. Some companies may have already had policies, procedures, and products in place prior to the pandemic, while others were left clambering to come by web cams, communications equipment, copious quantities of other computer apps and newfangled contraptions to accommodate this remote concept. Now that most companies are being forced to at least consider the remote model, we thought we would help by laying out some of the Pros and Cons that could be weighed during your decision process, as well as showcase some of the most popular applications and their functions.

We have taken the liberty below to compile a straightforward Pros vs Cons list. If you hover over each bullet point, you will see a quick explanation. If you would like a more in depth understanding, please follow the link.

Remote Pros

Remote Technologies

Remote Cons

Communicable Disease Prevention

Video Conferencing

Team Bonding

Diversifying Risk

Shared Folders/Databases

Relationship Building

Cast a Wider Net

Multi Model Apps

Tracking and Accountability

Cost of living differences

Communications Software

Electronic Security

No Relocation Limitations

 

Instant Communication

Work from home as a Perk

 

Reliance on Technology

Diversity

 

Work life Balance

Inter Office Politics

 

Rent and Facilities Costs

Reduced Rent and Facilities Cost

 

The way it has always been

 

 

Distractions

 Ultimately, at Anderson|Biro, we suggest that for long term purposes, the remote model should generally be used as but one tool within a toolbox of options and accommodations to consider when building out your organization. It can be a very powerful means to address unique or more difficult placements, while the more run of the mill placements can be handled locally reporting in person. The remote based model also can be kept in the back pocket as an additional perk to aide in recruitment negotiations or reward sustained loyalty. But in some situations, if overused, it can diminish the qualities and cohesiveness that builds a company’s culture, or widespread remoteness can even reduce the consistency of deeply held company standards and values. Like most things in life, avoiding either extreme, completely remote, or no remote options whatsoever, should help each company to find a nice balance. If anyone out there has additional Pros, Cons, or amazing software/hardware products that they would like to share, please feel free to post in the comments and discuss.