Page 47 - Monaco Economy 131

PF MFO: Teleworking

Philippe Feller, Chief Executive Officer of PF Multi Family Office, talks to Monaco Economie about
the practicalities of teleworking within his company.

Does teleworking encourage greater
inclusion and diversity within companies
In your opinion?
Yes, it can really promote inclusion. It allows
people from different geographical regions, with
physical constraints or family responsibilities,
to participate fully in the labour market.

What are the best practices for organising
and structuring the teleworking day?
Setting a regular schedule, defining daily
objectives, taking regular breaks and creating
a dedicated workspace can help to structure
the day.
© Tous droits réservés What are the important legal requirements

and regulations to consider when setting up
a teleworking arrangement?
They must comply with the laws on teleworking.
What do you see as the main benefits of management. But there's also a downside. It This may include regulations on working time,
teleworking for employees? can decrease if employees find it difficult to health and safety conditions, data protection
It can really improve work-life balance by concentrate or stay motivated. and the management of costs associated with
offering greater flexibility in working hours, teleworking, such as equipment.
which is really appreciable. There's also a How can companies assess the performance
significant reduction in travel time and costs. of teleworking employees? What impact does teleworking have on
Finally, being able to work in a comfortable, Companies can use clear, measurable corporate culture?
personalised environment is a real asset, objectives, regular appraisals, ongoing Teleworking can dilute certain aspects of
provided that living and working spaces are feedback and project monitoring tools to corporate culture, such as spontaneous
clearly defined. assess employee performance. interaction. But it can also reinforce a culture
of trust, flexibility and autonomy.
What are the most common challenges faced What measures can be put in place to
by employees when working remotely? maintain effective communication between How can companies tackle the issue of cyber
We often talk about social isolation, which can members of a teleworking team? security in the context of teleworking?
be a real problem. There's also the difficulty Provide employees with suitable equipment It's crucial to put in place robust security
of separating professional and personal life. such as computers, software and a good protocols, and to train employees in good
Distractions at home are numerous and can be Internet connection. Using communication security practices.
an obstacle. Any communication and technical tools such as Microsoft Teams or Zoom
problems that may arise are quickly addressed is also very effective. Companies can also Do you think teleworking should be permanent
to allow everyone to remain in contact. offer training in digital tools and put technical or temporary for businesses?
support in place if needed. It is also useful to set It depends on the needs of the business and
In your opinion, what are the essential skills up regular meetings and clarify communication the employees. A hybrid model may offer a
for successful teleworking? expectations. good balance, allowing everyone to benefit
Knowing how to manage your working time, and from the advantages of teleworking while
self-discipline of course. Good communication How can managers adapt their management maintaining interaction between employees.
and IT skills and good stress management style to support teleworking employees?
are essential. By organising virtual team-building activities What future teleworking trends do you
and maintaining open and frequent foresee?
How do you think teleworking affects communication. Encouraging autonomy and Hybrid teleworking will increase, and
employee productivity? trust is also essential. Managers also need cybersecurity and virtual reality technologies
Productivity can really increase, especially to be attentive to employees' needs and will develop as well as employee well-being
thanks to reduced commuting and better time well-being. policies.

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