From the course: Protecting Profitability by Reducing Financial Risk

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Distributed workforce risk planning

Distributed workforce risk planning

- Twenty-five years ago, if you heard the term distributed workforce, you might think it meant a string of cubicles spread out among an entire floor. Today, a distributed workforce means that employers are able to hire the best people for the job regardless of where they live or work. One of my clients in Seattle recently hired a person for a leadership position for his small company of about 50 employees. The person he hired, she lives in Upstate New York. He explained that although it seems strange to have such an important role held by someone who never comes in the office, they figured out a way to make it work. Technology allows video conferencing, live chat, and many other communication devices that make it like the other person is in the next office over. While this flexibility has many organizational advantages, it also comes with a certain amount of risk exposure. Let's explore three of the most critical and how to make sure your company is protected in case you go this…

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