New research from McKinsey shows successful transformations need a minimum participation of 7% of employees in the process. More is even better. Initiatives with 7-13% participation show double the returns (as measured by total return to shareholders) of those with lower participation. Those with 21-30% employee participation were nearly four times as successful.
“…you are going to be just as likely, if not more likely, to encounter problems with mental-health and wellness issues as people come back into the workplace as you are to encounter problems with COVID-19. That’s just a fact.
In this McKinsey interview the former U.S. Surgeon General and former president of Mental Health America warn leaders to be prepared for the fact that nearly half of employees expect the return to office to be stressful. It suggests that employers need to focus on making their people feel safeand accommodate their need to care for their families.
I don’t want to get political here, but even if the original 12 weeks that was proposed by Republicans was approved, the U.S. parental leave policy would still offer less than half the global average of 29 weeks.
An MIT team studied the “collective intelligence” of over 1,300 teams comprised of 5,000 individuals. What they found was that teams could perform equally whether they were remote/hybrid or face to face provided that:
1) They figure out which member is the best at different tasks and have that person take the lead on it; and, that members coordinate their efforts so that they cover all of the different tasks
2) The teams included people with good social skills; particularly social perceptiveness—the ability to pick up on non-verbal cues
I vote we start using science rather than cognitive bias to guide management decisions.
“Fear of losing their innovative edge pushes many leaders to reject hybrid and virtual work arrangements. Yet extensive research shows that hybrid and remote teams can gain an innovation advantage and outcompete in-person teams by adopting best practices for innovation, such as virtual brainstorming.”
The basic problem with face-to-face brainstorming is that it not all participants will participate equally. If introverts, neuro-diverse or pessimist are involved it’s likely a new ideas will be missed. The article, which cites research to back up its claims, suggests trying to replicate traditional brainstorming techniques over video exacerbates the problem. Instead, the author describes an asynchronous process that has been proven to produce superior results.
If you’re tuned into workplace news, you’ve no doubt seen a lot about the 4-day workweek trend. This article by Atlassian, who actually has adopted this strategy, offers the skinny on what’s really going on out there. Spoiler alert #1: Not much. Spoiler alert #2: This is another one of those terms that means different things to different people. In particular, regarding whether it means four 10 hour days or 8 hour days and, if the latter, whether it involves a pay cut.
“The team environment—where most day-to-day interactions at work occur—can make or break progress in inclusion efforts. Line managers have the crucial responsibility of creating an environment in which employees can be their full selves.”
This BCG study of 16,000 employees in 16 countries show employees in inclusive environments are nearly twice as likely to have a good friend at work and 3 times more likely to report being happy at work. Workers who say they are unhappy at work are 4.6 times more likely to say they intend to leave their employer within six months.
NEW YORK (AP) — After struggling to hire workers for its outlet store in Dallas, Balsam Hill finally opened on Sept. 1. But the very next day, the online purveyor of high-end artificial holiday trees was forced to close after four of its five workers quit.
We spend a lot of time talking about new ways of working for office workers, but what about the non-office workers? Retailers and restaurant owners are struggling to fill roles, particularly for the less desirable shifts. Extra pay isn’t enough. Some stores and restaurants have resorted to scaling back their open hours/days. Where will this lead? More retail automation? Self-serve restaurants? Robotics?