|
 |
Gimme the ROWE plan -- any day! |
 |
|
In This Issue:
|
Issue 353 - - April 24, 2007
|
 |
 |
|
|
Welcome! And what's new...
|
|
 |
|
 |
 |
|
|
1. Gimme the ROWE plan – any day!
|
|
 |
|
 |
 |
|
|
2. College Inventor Competition
|
|
 |
|
 |
 |
For years I’ve been talking about the move we are seeing from paying for “Time” to paying for “Results.” Now we’re seeing this phenomenon sweeping through old, stuffy corporate environments.
Best Buy is one of the hottest companies for this new work model. Their new ROWE, for "results-only work environment," seeks to demolish decades-old business expectations that equate physical presence with productivity. The goal at Best Buy is to judge performance on output instead of hours.
So now workers pulling into the company's headquarters at 2 p.m. aren't considered late. Nor are those pulling out at 2 p.m. seen as leaving early. There are no schedules. No mandatory meetings. Work is no longer a place where you go, but something you do. It's O.K. to take conference calls while you hunt, collaborate from your lakeside cabin, or log on after dinner so you can spend the afternoon with your 4-yr-old.
There has been a subtle shift going on for several years, but Best Buy is the most open about the new work flexibility. At IBM 40% of the workforce has no official office; at AT&T, a third of managers can work from anywhere they choose. Sun Microsystems Inc. calculates that it's saved $400 million over six years in real estate costs by allowing nearly half of all employees to work anywhere they want. And this trend seems to have legs. A recent Boston Consulting Group study found that 85% of executives expect a big rise in the number of unleashed workers over the next five years. In fact, at many companies the most innovative new product may be the structure of the workplace itself.
So how about you? Would you thrive in a work environment where your value was judged solely on the results you produced? Would you welcome the freedom to show up at 2:00 on Monday and to take Thursday afternoon to go fishing? And yes, I realize that some jobs just are time-connected. But I suspect that about 80% of what we have as jobs could work with this model.
Just put “results only work environment” in a Google search to see how the ROWE plan is exploding.
|
 |
|
 |
 |
|