- In the day -day CEO today: Diane Brady in the war against WFH.
- The Big Story: Signs of slowing the economy in China and uncertainty in the US
- The markets: Continued stability in the west.
- Analyst notes from Joachim Klement of Panmure Liberum on the possibility of US capital controls, Apollo on Friday's work number, and Nomura at the tariff that hit China GDP.
- Plus: All news and watercooler chat from Fate.
Good morning. In the early days of pandemia, it was a revelation for many of us to discover that many of the things we did in the office could be made from home. We cooperated, rented, fired, taught and found opportunities to connect almost through check-ins and team activities such as in-home scavenger hunts and wine tastings. (At least that was the experience for me.) Today, more than five years later, many leaders have tightened their work policies-from home to the belief that remote work covers culture and productivity. The latest missive came from Uber CEO Dara Khosrowshahi, who sent a memo to employees this week saying they would need to spend three days in the office each week to June. Companies like Spotify embrace distant jobs.
It's hard to tell who's right. Each week, I get a barrage of conflicting study: Earlier this week, there was a standard report that found 35% of workers who wanted to be completely far away. Almost half the women, whose team touts as a reason for employers to worry about the loss of women's workers; I thought before it was more than half of the respondents with that preference were men. Minutes later, I became new Headway survey That was found a quarter of the remote workers who had surveyed said they had been dating after four hours or less, sleeping on the work day and leaving a day without noticing; 40% said fake activities to deceive their company monitoring system.
The effectiveness of distant work clearly depends on the personality, work, life condition, and career phase. We go back to five days a week in the office for most workers in Fate But many of us spend significant chunks of time outside the office. I think it's especially important for entry level colleagues that are in a setting that allows for human cooperation and learning, which means that the rest of us need to be here to do it. That said, we also need to be in physical environments that encourage the benefits of human work and we need to design the work flows that make the commute happy. Remember when Microsoft CEO Satya Nadella said his title was standing for the Chief Event Officer? Pizza Besides, I wonder if employers are doing enough to answer a key question: Why do we have to go here?
Most CEOs I encountered lean towards returning people to an office. Some have put their WFH days in the middle of the week to reduce the temptation to last a long weekend. What is less common are the types of skills we saw five years ago: Check-in-in-Health Check-Ins and team-building activities that build honesty and culture.
If you want to continue talking, join me at noon today for a live webinar with accenture CEO Julie Sweet, Delta Air Lines CE Ed Bastian and Michael C. Bush a great place to work. Click here to register.
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Contact the CEO day -day by Diane Brady at Diane.brady@fortune.com
This story was originally featured on Fortune.com
