Santander has shifted its liberal work-from-home policy to requiring 12 in-office days a month. | The bank emphasizes in-office attendance as crucial for supporting and developing its staff, especially those in early career stages. | Other companies, such as PwC and Nothing, are also enforcing stricter office attendance to maintain high ambition and productivity levels.
High customer concentration at Vixen Digital posed significant risks, with one client providing a large portion of the agency’s revenue. Initially beneficial, this relationship turned problematic, demonstrating the perils of over-reliance on a single client.
In our dynamic business landscape, “work about work” has emerged as a critical issue. As defined by Asana, this term refers to non-productive activities such as managing emails, chasing status updates, and switching between apps. According to Asana’s Anatomy of Work Index, these tasks consume 60% of a knowledge worker’s time. This …
The article discusses various aspects of employee training and development, providing insights and recommendations on how to incorporate industry trends, cater to different learning styles, evaluate program success, create interactive training methods, and implement best practices. The author emphasizes the need to align training programs with specific business goals, adapt to employee demographics, and ensure engagement and participation. Additionally, they suggest utilizing metrics, data analysis, and innovative approaches such as gamification and simulations to enhance effectiveness. … read more >
AI has become a ubiquitous technology, with companies exploring its applications for revenue growth and improved customer and employee experiences. However, most businesses are unprepared to leverage AI to its fullest extent, limiting its potential. Only a small number of companies are successfully applying AI to improve their operations and create new value. AI-powered automation, when combined with specialized and generative AI, can boost productivity, eliminate errors, and achieve faster results. Successful examples include Cathay Pacific, British Airways, and Intel. To fully deliver on its … read more >
According to a new International Monetary Fund (IMF) report, artificial intelligence (AI) could potentially replace three in five workers, with some jobs potentially disappearing altogether. The IMF also warned of lower salaries and cuts in hiring as a result of AI integration. A separate study from PwC revealed that bosses in Britain are adopting AI technology at a faster rate than their counterparts in the US, China, and Europe, which could have a larger impact on British workers. The IMF also noted that while younger workers could benefit from AI, older workers may struggle to adapt. read more >
The article discusses the hidden limitations of remote work and how it can affect career progression. The author shares a personal anecdote about their friend Max, who had to relocate for personal reasons and was subsequently excluded from internal communications and passed over for a promotion. The article mentions that studies support the idea that remote employees are less likely to be promoted or receive raises compared to those working in the office. The author also highlights their previous article’s viewpoint on remote work, stating that it may be more beneficial for experienced … read more >
A new survey from the Conference Board reveals that only 6 out of 158 U.S. CEOs plan to prioritize bringing workers back to the office full-time by 2024. This indicates a shift in the mindset of executives, who are increasingly accepting hybrid work arrangements as the norm for knowledge workers. Another survey by Deloitte found that 65% of CFOs expect their company to offer a hybrid work arrangement this year. Remote work is likely to be the most persistent economic legacy of the pandemic, with 20%-25% of U.S. workers currently working from home part of the week. Employees prefer flexibility … read more >
Atlassian’s approach to distributed work, known as Team Anywhere, has enabled employees to choose where they work since 2020. The company’s workforce has become highly distributed, with employees collaborating from over 10,000 locations. Despite this, 92% of employees say the distributed work policy allows them to do their best work, and 91% consider it an important reason for staying at Atlassian. The company has also seen benefits such as increased representation of women in certain geographies and high visitation rates to their offices. Atlassian shares their insights and key … read more >
This article discusses the recent announcement by Mike Hopkins, the senior vice president of Prime Video and Amazon Studios, regarding Amazon’s mandate for employees to work in the office rather than from home. Hopkins claimed that working in the office is better without providing any data to back up his statement, relying instead on personal belief. The article argues that this reflects a favoring of belief over data and highlights three common responses when facts contradict one’s beliefs: claiming complexity, creating alternative facts, or denying opposing facts exist. The text … read more >