Business Wars Sponsored: Welcome to the Future of Work (Dell Podference) | 2
May 20, 2022
Nick Bloom, a Stanford economics professor and remote work expert, dives into the seismic shift in workplace dynamics post-pandemic. He discusses the rise of hybrid work models and their impact on employee satisfaction and retention. Bloom highlights how small businesses can adapt more flexibly than larger corporations in this new landscape. Additionally, the importance of technology in facilitating remote work and maintaining team cohesion is emphasized, alongside the potential future implications of innovations like driverless cars.
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Origin of Research
- Nick Bloom's interest in management practices started 20 years ago when his wife's maternity leave sparked curiosity about varying company policies.
- This led him to research work-from-home, job sharing, and other flexible work arrangements.
Hybrid Work Model
- The pandemic shifted societal work norms; fully remote work is unlikely to be permanent.
- A hybrid model, with 2-3 days in-office, is the emerging and likely lasting trend.
Facebook's Impact
- In 2020, the pandemic forced everyone to work from home out of fear.
- Facebook's May 2020 announcement, embracing permanent work-from-home, marked a turning point in work culture.