Mobility - July 2021 - 19

2020 was a year that we
didn't expect and
probably weren't
prepared for. While it
took many things from
us, it did provide one
thing: opportunity.
Many companies have
slowed or stopped
relocation completely,
and it's given us the chance to refl ect and plan for the
future. As the vaccine rollout continues and offi ces
reopen, there will be instant need for mobility again.
For those companies that are cost-conscious, consider
these tips before rolling out the red carpet:
Is that business trip really necessary? It used
to be easy to justify getting on a plane to travel for
one meeting. Be more thoughtful and deliberate in
your travel policy. In the future, travel may be the
exception versus the rule.
Are you off ering the right benefi ts? Are your
policies overly generous? If so, consider looking at
the benefi t utilization. You may have an opportunity
to make small changes that won't impact the
employee experience but could cut costs.
What's your talent strategy? Are you moving
the right talent? Are you overusing expensive
assignments? Maybe that long-term assignment
could really be a short-term assignment.
Using mobility thoughtfully can defi nitely
improve the fi nancial outlook for your company
for the rest of 2021.
RAY KIRBY, CRP, GMS-T
Senior Manager, Talent Mobility
Twitter
Seattle
As a whole, the
corporate world needs to
step back from the
excess that it may have
previously been
accustomed to.
Corporate bonuses need
to be carefully considered,
and internal
overheads need to be
audited. Companies need to ask themselves, " Does
this really add value? " when making purchasing and
expenditure decisions. But while businesses need to
be frugal and they need to be shrewd, they do not
need to be cheap. Consider the millions of gallons of
hand sanitizer that got produced cheaply, were
purchased frantically, and then were deemed
dangerous just as quickly as they came on the scene.
Th e old adage " you get what you pay for " has never
been more relevant as we live through the age of
on-demand consumption. In a year when the travel
and hospitality industry saw mergers, bankruptcies,
and acquisitions abound, we also saw innovation,
strengthened partnerships, and business model pivots.
We need more 30,000-foot business examination and
less of a " we do things this way because that's the way
we've always done it " mentality. If there is one thing
that 2020 has made abundantly clear, it is that the
global economy is a delicate ecosystem.
JOHN VERRELL
Chief Revenue Offi cer
Corporate Living
Boston
Cost containment has
become a competitive
necessity, not a knee-jerk
reaction to the pandemic.
Organizations were
forced into a " panic state "
and had to react quickly
to our world that shut
down, but I believe it's
more important than
ever to focus on cost reduction and effi ciency
improvements to improve revenues and profi t.
Using technology to enhance worker productivity
is key. Th e hottest trends in business are
adopting cloud tech to improve communication
and teamwork, leveraging social media and video
services, improving customer service with AI, and
automating tedious tasks. Big tech plays a large
infl uence in this space, but hundreds of new startups
are emerging daily, working hard to further
improve ineffi ciencies. Th e willingness to adapt to
change and implement these tools will determine
your success as an organization.
Th e world will change more in the next 10 years
than in the last 100. Is your business ready?
MATT WAS, GMS
Director of Client Services
Nomad Temporary Housing
Phoenix
19
worldwideerc.org
http://www.worldwideerc.org

Mobility - July 2021

Table of Contents for the Digital Edition of Mobility - July 2021

Mobility - July 2021 - Cover1
Mobility - July 2021 - Cover2
Mobility - July 2021 - 1
Mobility - July 2021 - 2
Mobility - July 2021 - 3
Mobility - July 2021 - 4
Mobility - July 2021 - 5
Mobility - July 2021 - 6
Mobility - July 2021 - 7
Mobility - July 2021 - 8
Mobility - July 2021 - 9
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Mobility - July 2021 - 12
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Mobility - July 2021 - 16
Mobility - July 2021 - 17
Mobility - July 2021 - 18
Mobility - July 2021 - 19
Mobility - July 2021 - 20
Mobility - July 2021 - 21
Mobility - July 2021 - 22
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Mobility - July 2021 - 24
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Mobility - July 2021 - 27
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Mobility - July 2021 - 36
Mobility - July 2021 - 37
Mobility - July 2021 - 38
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Mobility - July 2021 - 42
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Mobility - July 2021 - 45
Mobility - July 2021 - 46
Mobility - July 2021 - 47
Mobility - July 2021 - 48
Mobility - July 2021 - Cover3
Mobility - July 2021 - Cover4
https://www.nxtbook.com/ygsreprints/WERC/mobility-july-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-june-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-may-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-april-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-march-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility-february-2021
https://www.nxtbook.com/ygsreprints/WERC/mobility_122020
https://www.nxtbook.com/ygsreprints/WERC/mobility_112020
https://www.nxtbook.com/ygsreprints/WERC/mobility_102020
https://www.nxtbook.com/ygsreprints/WERC/mobility_092020
https://www.nxtbook.com/ygsreprints/WERC/mobility_082020
https://www.nxtbook.com/ygsreprints/WERC/mobility_072020
https://www.nxtbook.com/ygsreprints/WERC/mobility_062020
https://www.nxtbook.com/ygsreprints/WERC/mobility_052020
https://www.nxtbook.com/ygsreprints/WERC/mobility_042020
https://www.nxtbook.com/ygsreprints/WERC/mobility_032020
https://www.nxtbook.com/ygsreprints/WERC/mobility_022020
https://www.nxtbook.com/ygsreprints/WERC/mobility_012020
https://www.nxtbook.com/ygsreprints/WERC/mobility_122019
https://www.nxtbook.com/ygsreprints/WERC/mobility_112019
https://www.nxtbook.com/ygsreprints/WERC/mobility_102019
https://www.nxtbook.com/ygsreprints/WERC/mobility_092019
https://www.nxtbook.com/ygsreprints/WERC/mobility_082019
https://www.nxtbook.com/ygsreprints/WERC/mobility_072019
https://www.nxtbook.com/ygsreprints/WERC/mobility_062019
https://www.nxtbook.com/ygsreprints/WERC/mobility_052019
https://www.nxtbook.com/ygsreprints/WERC/mobility_042019
https://www.nxtbook.com/ygsreprints/WERC/mobility_032019
https://www.nxtbook.com/ygsreprints/WERC/mobility_022019
https://www.nxtbook.com/ygsreprints/WERC/mobility_012019
https://www.nxtbookmedia.com