Institutional Investor (October 3)
“Two and half years after the beginning of the pandemic — and the mass migration into remote work — some of the biggest asset managers have decided that it’s finally time to get back to the office.” While a range of plans are being prepared, CEOs seem to be favoring the “3-2 model” with three office days and two remote days. “Besides concerns over corporate culture and employee burnout, decision-makers in the asset management industry also cited better innovations, teamwork, and apprenticeship as reasons for returning to the office.”
Tags: 3-2 model, Apprenticeship, Asset managers, CEOs, Corporate culture, Decision-makers, Employee burnout, Innovations, Office, Pandemic, Remote work, Teamwork
The Economist (March 19)
“Companies are abandoning functional silos and organising employees into cross-disciplinary teams that focus on particular products, problems or customers. These teams are gaining more power to run their own affairs. They are also spending more time working with each other rather than reporting upwards. But the transition to “a network of teams” in place of conventional hierarchy has hardly been smooth. Managing teams is “hard” and research routinely uncovers lapses. And even when teamwork is well managed, things can be taken too far. “Even in the age of open-plan offices and social networks some work is best left to the individual.”
Tags: Cross-disciplinary teams, Customers, Employees, Functional silos, Hierarchy, Individual, Network, Open-plan offices, Problems, Products, Research, Social networks, Teamwork
