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New Survey Highlights Benefits and Challenges of Remote Work

TULSA, Okla.–(BUSINESS WIRE)–Hogan Assessments, a global leader in personality assessment and leadership development, is releasing the results from a survey of workers across the United States and Europe that identified how the COVID-19 pandemic and remote working arrangements affected productivity, engagement, relationships, communication and collaboration.

Among the 880 respondents to the Future of Work survey, most employees feel equally, if not more, productive when working remotely. Although it is still too early to objectively determine whether employee perceptions of productivity match overall productivity at the organizational level, employees also reported that their teams are productive while working remotely.

Although the survey revealed that people find remote collaboration to be more challenging, the increased individual productivity ultimately contributes to better overall team results. However, employees are having to adapt.

“Prior to the pandemic, remote work was a privilege available to just a small portion of the overall workforce,” said Hogan Assessments CEO Scott Gregory, Ph.D. “As a result, making the shift to this new way of working has been uncharted territory for the majority of employers and employees alike. With such a dramatic shift come both benefits and challenges.”

Flexible schedules, the ability to work from anywhere, and improved work-life balance are among the benefits of remote work people appreciate the most. However, they find it challenging to maintain the same ease of communication and collaboration as before.

“Although the transition to remote work has been positively received by a large portion of the survey respondents, they also reported that remote collaboration has proven to be more difficult than when they were in a face-to-face setting,” said Gregory. “To mitigate this, managers should develop a proactive communication plan with the tools necessary to foster collaboration in this new working environment and encourage intentional, effective and efficient communication at all levels of the organization.”

From an engagement standpoint, individuals who felt supported by their managers also reported greater levels of engagement within their organizations. This suggests that employers should regularly communicate with their employees to ensure they have everything necessary for their projects and strive to align their duties with their overall career motivations.

Interestingly, 54% of respondents reported that the shift to remote work has not made it more difficult to maintain professional relationships with key stakeholders, while 46% report the opposite. This could largely be attributed to differences in personalities, which is something managers should consider when trying to understand the needs of their employees.

“While companies can and should focus on proactive communication plans, collaboration opportunities, and support from managers, they shouldn’t miss the importance of understanding the individual personality differences that influence success in remote work,” said Gregory. “Creating self-awareness and providing tools and resources for development for those who struggle will help your organization survive the changes in this working landscape.”

Most respondents also reported that their organizations did not encourage them to work remotely before the pandemic. However, having worked remotely for an extended amount of time, 87% of employees want the option to work remotely at least part-time for the rest of their careers, with only 13% wanting to be in the office every day and 14% wanting fully remote schedules. These numbers suggest that employers should prepare for significant turnover if they require employees to return to the office on a full-time basis.

“The world of work as we previously knew it is a thing of the past,” said Gregory. “With remote work becoming more and more prevalent, it doesn’t appear to be going anywhere in the foreseeable future. What was once seen as a perk is now viewed by the majority of the workforce as a necessity. Organizations need to be mindful of this to remain competitive when it comes to attracting and retaining top talent.”

Click here to download the Future of Work survey results.

About Hogan Assessments

The international leader in personality insights, Hogan Assessments produces valid, reliable personality assessments grounded in decades’ worth of research. More than 75% of the Fortune 500 use Hogan’s talent acquisition and development solutions to hire the right people without bias, boost productivity, reduce turnover, and promote diversity and inclusion.

For more information, visit www.hoganassessments.com.

Contacts

Blake Loepp

918-978-6475

[email protected]

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Comcast NBCUniversal Selects 11 Startups for the Fourth Class of Its LIFT Labs Accelerator, Powered by Techstars

Companies were chosen based on their innovations shaping connected living, next-generation entertainment, the future of work, and personalized experiences

PHILADELPHIA–(BUSINESS WIRE)–Comcast today announced the startups selected for the fourth Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars. These 11 companies, chosen from hundreds of applicants from over 40 countries, were identified for their potential to revolutionize industries across the core focus areas of the accelerator, including Connected Living, NextGen Entertainment, Future of Work, and Personalized Experiences.

Starting today, founders hailing from France, Israel, Sweden, Switzerland, the United Kingdom, and cities across the United States, from Philadelphia, Los Angeles, and New York City, will participate in this immersive 12-week program.

This year’s class is developing new innovations that have potential to shape the future of their industries, ranging from products that can power the future of work to gaming services to platforms that facilitate more creative and connected ways for families to enjoy and interact with media. More than a third (36%) of selected companies are led by at least one founder who self-identifies as a person of color or racial/ethnic minority in their home country while more than a third (36%) are led by a woman or gender diverse founder.

These startups will be mentored by over 100+ experts and industry leaders from across Comcast, which was recently recognized as one of the 100 Best Workplaces for Innovators by Fast Company. Mentors include leaders from the Xfinity technology, product, and experience teams; the NBC and Telemundo broadcast stations; NBCUniversal cable networks; Universal Studios; Universal Theme Parks; DreamWorks Animation; Comcast Business; Comcast Ventures; Strategic Development; and Sky; as well as mentors from Techstars’ expansive global network.

Since the first class in 2018, 32 companies have completed the Comcast NBCUniversal LIFT Labs Accelerator, and 75% have secured pilots or enterprise deals with a division or business unit of Comcast NBCUniversal.

“This Accelerator gives Comcast the opportunity to build long-term relationships with these carefully selected high-potential startups and I am excited to welcome this diverse and talented group of entrepreneurs into our fourth class,” said Comcast’s Chief Business Development Officer Sam Schwartz. “We will work hand-in-hand with these companies to help them grow, learning as much from them as they learn from us.”

Founders will participate in workshops on fundraising, working with corporations, communicating through the media, and will meet experienced founders, business leaders, and subject matter experts who will share their insights in building and selling highly successful startups. At the conclusion of the program, the companies will participate in a Demo Day on November 4, 2021 and present their businesses before some of the world’s top venture capitalists, startup founders, business executives, and media.

Techstars’ veteran KJ Singh will serve as the Managing Director of the 2021 accelerator and work alongside the Comcast NBCUniversal LIFT Labs team, led by Danielle Cohn, Vice President, Startup Engagement, and Luke Butler, Senior Director, Startup Engagement. Together this team will leverage their operational expertise to guide these startups on formulating the best product/market fit, business development, and fundraising strategies, and tap their extensive relationships to facilitate deals and other business opportunities for these companies.

Meet the 2021 class of the Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars:

Employee Cycle automates the HR reporting and analytics process by transforming disconnected employee data from multiple HR systems into one centralized, real-time, actionable and shareable HR dashboard.

Founders: Bruce Marable (CEO) & Salas Saraiya | Philadelphia, PA |

Hollo is an AI enabled talent experience platform that helps HR teams pre-qualify candidates for roles and helps resurface past applicants for future jobs that are a better match while making the communication more efficient.

Founders: Thomas Moussafer (CEO) & Andy Mpondo Black | Paris, France |

Holodia’s platform, HOLOFIT, is an immersive, hardware agnostic, connected FitTech platform that merges gaming and fitness leading to increased user engagement and physical activity.

Founders: Shahin Lauritzen (CEO) & Bojana Knezevic | Zurich, Switzerland |

HUSSLUP is a networked marketplace of individuals in the creative industry making discovery easier via personal profiles, verified credits and encrypted creative samples to increase diverse hiring.

Founder: H Schuster (CEO) | Los Angeles, California |

LootLocker is a game backend-as-a-service that unlocks cross-platform services for development teams, saving time and money.

Founders: Alexander Bergendahl (CEO) & Andreas Stokholm | Stockholm, Sweden |

Nagish’s mobile app allows people who are deaf or hard of hearing to communicate via phone by converting speech-to-text and text-to-speech faster and more accurately than ever before.

Founder: Tomer Aharoni (CEO) | New York, NY |

Paco is an intelligent workflow assistant that helps teams eliminate distractions, capture to-dos and tasks from multiple communication channels allowing employees to focus on their work.

Founders: Sumit Suman (CEO), Sameer Narang & Nitin Pande | New York, NY |

Peek is a social reading app that creates a multiplayer reading experience, allowing users to purchase books, discuss in text, engage with authors, and interact with other readers in real time.

Founders: Deborah Igunma (CEO) & Emmanuel Ojo | London, UK |

Sidewalk connects communities of business operators to give them access to modern property and liability insurance at a significantly lower cost than other insurance providers.

Founders: Brennan Pothetes (CEO) & Jenn Sammarco | New York, NY |

Think Confluent is an AI assistant that analyzes free form text feedback from employees to provide individualized action plans for employees and actionable insights for managers to increase team satisfaction.

Founders: Sarah Allali (CEO) & Nicolas Cabrignac | Paris, France |

Zoog is an asynchronous communication platform that allows users to take any children’s book and bring it to life using modern AR, ML and advanced animation capabilities.

Founders: Yoav Oren (CEO), Matan Guttman | Tel-Aviv, Israel |

For more information on the companies in this year’s accelerator, visit www.ComcastNBCULIFT.com and follow @LIFT_Labs on Twitter.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information.

About Techstars

The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 2,500 companies with a combined market cap of more than $220B. www.techstars.com

Contacts

Media:
Louise Eich, Comcast

202-839-2659

[email protected]

Matthew Mirandi, Berk Communications

[email protected]