In practice, the concept of a remote workforce will have to be a separate consideration from the idea of a flexible workplace. A flexible workplace embraces fluidity, not just in terms of location but also in time. Implementation of this model will not lead to the shuttering of home offices or branches, but it will mean reassessing the notion of so-called “bankers’ hours.”

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For continued reading, check out part four of this series titled It’s Time to Embrace Mobile & Cloud Computing