The Prof G Pod with Scott Galloway The Future of Work Part 1: Get to HQ
Feb 22, 2023
Peter Cappelli, the George W. Taylor professor of management at the Wharton School and author of "The Future of the Office," shares his insights on what HQ will look like in a post-pandemic world. He discusses the lasting effects of COVID-19 on remote and hybrid work models, and the challenges employers face balancing these with operational needs. Scott Galloway also highlights innovative strategies for repurposing unused office spaces into residential buildings, while tackling the economic impacts on commercial real estate and the gig economy.
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Remote Work's Impact
- The biggest change to the workplace is the rise of remote work, potentially the most significant shift in decades.
- This change is driven by employee preference, but its long-term effectiveness for employers is uncertain.
Remote Work Sustainability
- While employees largely enjoy remote work, its sustainability depends on employer buy-in.
- Full-time remote work may lead to contract work, impacting job security.
Impact on Urban Businesses
- Office occupancy is slowly increasing, but the impact on urban businesses is significant.
- Even a partial return to the office (e.g., three days a week) significantly affects supporting businesses.
