Post-Pandemic Corporate America: How Will It Be Different?

Available for Interviews:  Marc Freedman

Marc Freedman is Certified Expense Reduction Consultant advising businesses on keeping more of the money they make. He is also the author of Expense to Profit: Eliminate The Costs That Sabotage Your Growth.

What Marc Freedman can say in an interview on
Corporate America Post-Pandemic
:

The COVID-19 Pandemic has changed business for the foreseeable future and potentially forever. Expenses or norms that were once seen are now being reassessed, reduced, or cut entirely. Here are some ways in which we believe things have already and will continue to change:

  • Will companies renew their leases on physical office space now that remote work is a thing? If companies renew it will be at reduced sizes. Hoteling was already becoming a trend and we will most likely see this become a larger norm. In addition, if they are in a growth mode they no longer need to increase their footprint and need only to reconfigure the space layout.
  • Will typical 9-to-5 office hours change? This is most likely staying as the ‘standard,’ but flexibility will become more accepted and widespread. Different hours for different people allowing for adaptability and a better work-life balance.
  • Will companies still budget for large travel expenses or will meetings go all-virtual? We can expect a hybrid model that results in a reduction in travel. Sponsors we have seen are already planning for hybrid models for their normal “in person” past experiences. That said, we expect an initial surge post-COVID that regresses to the mean and probably slightly dips as virtual meetings have become so normalized.

While some changes may take time to adapt, others can be instituted overnight. The pandemic has forced us to rethink many aspects of our business and many for the better.

 

Interview: Marc Freedman

Marc Freedman is a Certified Expense Reduction Consultant and Founder and CEO of Expense to Profit and currently serves as the Chief Cost Evaluator of Expense to Profit, expertly advising his client management team on how to help people to successfully achieve business and financial growth goals. He utilizes 40 years of experience by efficiently implementing his comprehensive solutions to control client costs and focus on individual successes. Freedman recently released his book, Expense to Profit: Eliminate the Costs that Sabotage Your Growth.

 

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