All of them plan to cut it by atleast 50% and as much as 70%
I spoke to 5 global enterprises about remote work last week
Here’s what they told me about their plans for the future
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All of them plan to cut it by atleast 50% and as much as 70%
Rather than hiring the best person in a 30-mile radius of the office, they’ll hire the best person on the planet
It’s increased. They now know remote work works
Each company plans to let people work from home 60-100% of the time
Designing in person time to maximise value and social connection
Measuring this is a big problem most are still searching for ways to solve
Some will begin ordering time off on a monthly/quarterly basis to combat this
The assumption already is that they won’t respond in 2021
They know they have to if they want to attract the best talent
A large proportion no longer live close enough to commute regularly
Where physical relationships existed prior the quality is unaffected
They see a challenge where people have never met teams
That change in culture has led to more creativity and better communication in several companies
Big issue as companies lean into remote work more
They need to do something to combat this rapidly
It’s been a huge focus in recent years while working onsite. Most companies are interested in ways to do this remotely
Empathetic leaders are thriving. The importance of checking in on your team the most important skill
This will grow over time rather than leaving when an employee leaves
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Entrepreneur\u2019s mind.
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Athlete\u2019s body.
Artist\u2019s soul.
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When you choose who to follow on Twitter, you are choosing your future thoughts.
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Working on a problem reduces the fear of it.
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It\u2019s hard to fear a problem when you are making progress on it\u2014even if progress is imperfect and slow.
Action relieves anxiety.
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We often avoid taking action because we think "I need to learn more," but the best way to learn is often by taking action.
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I wonder how much came from the
Funny, this transfer of wealth from the poor citizens to the rich billionaires aided by lockdowns and tyrannical governors wasnt just isolated to America. Australia billionaires seemed to amass much wealth during a time record number of businesses
AUSTRALIA: Country's billionaires are over 50% richer than they were this time last year, according to data from Bloomberg Billionaires Index.
— The Spectator Index (@spectatorindex) December 30, 2020
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Why is this the most powerful question you can ask when attempting to reach an agreement with another human being or organization?
A thread, co-written by @deanmbrody:
Next level tactic when closing a sale, candidate, or investment:
— Erik Torenberg (@eriktorenberg) February 27, 2018
Ask: \u201cWhat needs to be true for you to be all in?\u201d
You'll usually get an explicit answer that you might not get otherwise. It also holds them accountable once the thing they need becomes true.
2/ First, “X” could be lots of things. Examples: What would need to be true for you to
- “Feel it's in our best interest for me to be CMO"
- “Feel that we’re in a good place as a company”
- “Feel that we’re on the same page”
- “Feel that we both got what we wanted from this deal
3/ Normally, we aren’t that direct. Example from startup/VC land:
Founders leave VC meetings thinking that every VC will invest, but they rarely do.
Worse over, the founders don’t know what they need to do in order to be fundable.
4/ So why should you ask the magic Q?
To get clarity.
You want to know where you stand, and what it takes to get what you want in a way that also gets them what they want.
It also holds them (mentally) accountable once the thing they need becomes true.
5/ Staying in the context of soliciting investors, the question is “what would need to be true for you to want to invest (or partner with us on this journey, etc)?”
Multiple responses to this question are likely to deliver a positive result.