Saturday, August 20, 2022

2021 Business Predictions:  Keith Bastian, CEO of Fischer Future Heat

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead. 

It has become something of a tradition, given that we’ve been doing this now for over 30 years.

Here, Business Link catches up with  Keith Bastian, CEO of Fischer Future Heat.

In the past 12 months, we’ve experienced some notable changes to the way we live our lives and conduct business. Although many of these changes occurred under unfavourable circumstances, not all are for the worst.

Our eyes have been opened wider to alternatives that are helping our planet, our health and our pockets. And consequently, many of these shifts will prevail, even long after the word ‘corona’ returns to strictly leisurely use.

My first prediction is that more will continue to work from home out of choice and not enforcement. This will be due to the numerous benefits, including saved time and a lessened carbon footprint, that remote working allows.

It’s this focus on the environment I think will be the most important, however. For all, including individuals, businesses and even governments, the need to consider the climate crisis in all that we do will become more urgent than it already is.

But while commutes and air miles are on the decline, the more time at home and greater reliance on technology to keep us connected, will undoubtedly neutralise the positive effort. Therefore, we expect to see a greater number of people give thought to their traditional means of energy source and supply and as a result, experience a greater uptake in renewable alternatives and more efficient heating systems to keep them warm through the winter months.

Similarly, while large communal offices might become a thing of the past, more will be looking at renovating homes or relocating to spaces in order to create domestic working areas. And when developments get underway, sustainability will be front of mind, driving an increase in controllable electric heating and energy systems that use these renewable sources.

The pandemic, and just about every event that has occurred in the past twelve months has really afforded us new perspectives. These times of uncertainty will have increased the desire for control and flexibility going forward. And not just in working practices.

Both businesses and individuals will favour solutions that are available at their demand. From working patterns to more controllable heating systems. In order to reduce our carbon footprint, it is vital to install heating systems with individual room control. You would not leave the light on in the bedroom if you are reading in your kitchen – why would you do the same with your heating?

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