I'm the founder of FutureWork IQ where I spend my time assisting businesses to design digital workplaces or “offices in the cloud.” These environments enable companies to allow flexible and remote working for their teams. I also teach the digital literacy, fluency, communication and collaboration skills needed to work in these modern technology-rich workplaces.

There is no question that a well designed digital workplace opens up so many possibilities for a business. Least of which is risk mitigation.

From this piece, entitled Why risk managers are suddenly interested in flexible working flexible / remote working helps mitigate these risks:

Financial risk (think office space)
Strategic risk (think expansion)
Talent retention
Business continuity (think office in the cloud that can be accessed from anywhere)