COVID-19 has smashed 'business inertia' | Sky News Australia

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It’s heartening to see companies adapting so rapidly to changing business circumstances brought on by the COVID-19 pandemic, according to New Markets at Zip Co Limited Tiziana Bianco TechPerspectives is presented by ACSnewsfeed

It’s been heartening to see companies adapting to the rapidly changing business circumstances brought on by the COVID-19 pandemic, according to New Markets at Zip Co Limited Tiziana Bianco. Large swathes of workers have been working from home for the past few months as businesses try to lessen their exposure to the novel coronavirus. According to the Census, prior to the pandemic only 5 per cent of people worked remotely.

Ms Bianco told Sky News technological advances over the last 20 years has allowed businesses to adapt to rapidly changing conditions. “We have seen some inertia being smashed for the first time,” she said. “A lot of companies for many years have said ‘oh no, I can’t have a remote workforce’ or ‘oh no, it’s not going to work’ and we have really seen all companies have adapted very well to a remote workforce." That has all been enabled through technology.

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