Tech Re-strategizes Amid COVID-19 Complications

COVID-19 has caused disruption across all industries, forcing tech companies to evolve their strategies in order to weather the storm and capitalize on changes in customer need.

During a recent webinar, “How Tech Companies Can Evolve Their Workforce and Capital Strategies Amidst COVID-19,” we surveyed participating technology executives to get their take on raising capital during COVID-19, remote work and relocation, major human capital management focuses in the next year and more.

 

Key Takeaways:

Key Takeaways for Capital, Health, Flexibility, Remote Recruiting and Relocation
 

Capital raises continue amid COVID-19:

Chart of sources that organizations sought capital during COVID-19
 

Remote work is here to stay:

Graphic of organization's long-term view on remote working
 

Health and safety concerns:

Graphic of organization's focus over the next 12 months from a human capital management perspective
 

Onboarding and training from home:

Table of organization's remote hiring and onboarding process
 

Relocation packages take a backseat:

Chart of the percentage of organizations who have created and implemented a new relocation package in response to COVID-19

Missed out on the webinar? You can access the recording online.

Get ready for what’s next by subscribing to our COVID-19 updates.

Related Resources

Article

BDO’s 2025 Tech Predictions

December 4, 2024
Article

BDO’s 2025 Tech Predictions

December 4, 2024

With fixed wireless access and 5G gaining momentum, broadband is set for a transformation. Explore our insights on what this means for the tech landscape in 2025.

Read More

Article

Using Privacy Technology and Engineering to Elevate Privacy Programs

November 25, 2024
Article

Using Privacy Technology and Engineering to Elevate Privacy Programs

November 25, 2024

With the explosion of comprehensive privacy laws around the world over the last seven to eight years, many organizations have implemented privacy programs which “check the box” on compliance requirements. But these programs come with challenges, relying on labor-intensive, error-prone, manual processes.

Read More

Article

President-Elect Trump Announces Pick for Commerce Secretary to Advance Tariff and Trade Agenda

November 25, 2024
Article

President-Elect Trump Announces Pick for Commerce Secretary to Advance Tariff and Trade Agenda

November 25, 2024

On November 19, 2024, President-Elect Trump announced his selection of Howard Lutnick to be his Secretary of Commerce.

Read More

Article

ITC’s Decision on Aluminum Extrusions: What It Means for U.S. Importers

November 20, 2024
Article

ITC’s Decision on Aluminum Extrusions: What It Means for U.S. Importers

November 20, 2024

The decision will have significant implications for U.S. importers and the broader aluminum industry.

Read More