TORONTO–(BUSINESS WIRE)–June 23, 2022–
Raiven Capital, an early-stage global technology venture fund, today announced the release of a white paper that explored the post-pandemic future of work, where hybrid and remote teams are here to stay.
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RAIVEN CAPITAL RELEASES FUTURE OF WORK STUDY (Photo: Business Wire)
The future of work includes original research and simulations with Raiven Capital’s portfolio companies. It features information on best practices for startups in a post-pandemic hybrid world, changing work cultures, and the kind of leadership required today.
The study raises questions about how best to create creativity, innovation, collaboration and success in hybrid workplaces. “Is the work better, worse or different? How do changes in work impact the creativity of young startups? said Dr. Romola Porchuk, an organizational psychologist and culture expert who created the study.
Startups with hybrid work environments need to define a culture with clear and transparent values, noted Paul Dugsin, general partner at Raiven. “Companies that don’t define culture run the risk of failure. Pre-articulated goals and roles allow for smooth, chaos-free workflows,” he said.
The study showed that pre-pandemic startups could get by without having a clear culture defined because relationships were personal and face-to-face. Cultures evolved organically; pre-pandemic relationships were easier to navigate and manage. The personal touch – the discussions around the water fountain – made the difference.
In a post-pandemic world characterized by remote work environments, relationships don’t develop as easily. Even simple disagreements can destroy relationships; every action has an impact on the whole organization. Especially in startups and in simulations, smooth running can be challenging given the speed and agility required for growth.
The topic of culture is particularly relevant, as it follows recent articles that blame toxic work cultures for the “great quit.” However, beyond culture maps, relationship maps, both internal and external, that define expectations, behaviors, and processes are becoming essential in startup environments. Leaders who create roles with well-defined relationships and boundaries build rather than destroy culture.
For more information, download the whitepaper here.
About Raiven Capital
Raiven Capital is an early-stage global technology venture capital fund with roots in both Silicon Valley and Toronto. Raiven Capital focuses on opportunities in artificial intelligence, DLT and Internet of Things. Raiven is actively seeking passionate founders building businesses that optimize value chains in cybersecurity, finance, energy, healthcare, environment and food. Once growth is robust, Raiven exits its portfolio companies for later-stage capital in Silicon Valley and beyond.
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CONTACT: Anna Shen
KEYWORD: NORTH AMERICA CANADA
SECTOR KEYWORD: TECHNOLOGY HUMAN RESOURCES BUSINESS PROFESSIONAL SERVICES SOFTWARE START-UP INTERNET IOT (INTERNET OF THINGS) ARTIFICIAL INTELLIGENCE
SOURCE: Raiven Capital
Copyright BusinessWire 2022.
PUB: 06/23/2022 10:30 a.m. / DISC: 06/23/2022 10:32 a.m.
Copyright BusinessWire 2022.