HBR IdeaCast Why Work-From-Anywhere Is Here to Stay
Oct 20, 2020
Prithwiraj Choudhury, an associate professor at Harvard Business School, delves into the transformative work-from-anywhere movement. He explains how organizations are adopting this model not only to cut real estate costs but also to enhance employee engagement and productivity. Raj discusses the challenges of remote work, offering research-backed strategies to cultivate a robust corporate culture and maintain employee connectivity. He also sheds light on the societal impacts, emphasizing how this shift can revitalize smaller communities and cater to millennials' desire for flexibility.
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WFA vs. WFH
- Work From Anywhere (WFA) differs from Work From Home (WFH) by offering geographic flexibility.
- WFA lets employees choose their living location, even internationally, while WFH focuses on time and workspace control.
Early WFA Adoption
- The USPTO adopted a WFA program (TEAP) as early as 2012.
- The pandemic accelerated WFA adoption by at least a decade, with TCS aiming for 75% remote work within three years.
WFA Benefits for Companies
- The primary benefit of WFA for companies is attracting and retaining top talent.
- WFA expands the talent pool beyond geographical limitations and can offer cost savings on real estate.