As the world becomes more connected, it is easier than ever to leverage the global workforce to contribute to organizational effectiveness.

Eric Taussig, founder and CEO of Prialto — a company that provides managed virtual assistant services for executives and founders, explains why virtual executive assistants are growing in popularity:

"Managing administrative resources is difficult for most high-powered executives. Getting good at it is a distraction from their key focus. Many executives find it hard to scope out what exactly to delegate. Others find it difficult to slow down and explain the work to be delegated."

Until recently, the solution for executives was to use technology hacks to try and increase productivity. But the emergence of virtual assistant services has made it possible for them to hire a virtual assistant who is trained, managed, and dedicated. 

More and more leaders are recognizing that managed solutions save valuable time that should be spent on more important tasks. Employees require training, time, and developmental effort...yet administrative support should streamline executive performance not add another set of tasks.

Taussig shares:

"Managed administrative services help executives get productive with an assistant more quickly, peeling off the work that they otherwise might never get around to delegating. They also maintain continuity so that you are not left working to recruit and inspire a part of the workforce that is not core to moving your company forward."

Flexible Workplaces: A Priority for Millennials and GenZ

Research from Global Workplace Analytics shows that over 80% of the US workforce would like to telecommute. A major factor driving this shift is the growing number of social technologies that enable collaboration in virtual settings. Add in the fact that the first generation of digital natives is maturing in the workforce and it makes sense why workers are looking for a change in where they can get their work done.

A survey from Queens University of Charlotte found that 49% of millennials support the use of social tools to boost workplace collaboration. Gen X'ers weren't too far behind at 40%. Additionally, 40% of the millennials surveyed said they would even pay out of pocket for social tools if they improved efficiency. Past perceptions of virtual workers included concerns about laziness and assumed that people wanted to work from home because it was easier to work less. The data would indicate otherwise, as most millennials believe that enabling work away from the office makes them more efficient.

AI will make us more efficient employees

Fears about Artificial Intelligence and automation are becoming the norm in the workforce, with doomsday predictions about AI completely replacing the human workforce. While the way we work may need to be rewritten down the road, for the time being it would seem that AI might actually help individuals become more effective and defend the value of human output.

A major hedge fund, Bridgewater Associates, is actively using AI solutions to help increase the productivity of its employees. Rating systems, data analysis, and recorded meetings all help create a data-driven map for decision making. So much so that the firm is considering handing key management tasks over to machines. Again this information might cause concern for managers, but Devin Fidler of the Institute for the Future explains that AI "needs human decision making to set objectives."