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Los líderes deben dejar de obsesionarse con el tiempo en la oficina y comenzar a centrarse en los seis facilitadores que cambian la forma en que trabajan sus colaboradores.

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00:00New research shows that not everyone is jumping on the return to office bandwagon.
00:05It turns out that 68% of companies are maintaining flexibility
00:08and they're outperforming their peers in the process.
00:12We sat down with Brian Elliott in late 2024 to discuss return to office mandates.
00:18That conversation struck a chord.
00:20Hundreds of thousands of people have watched that video.
00:23Clearly, the future of workplace flexibility matters.
00:26Six months later, the landscape continues to evolve.
00:30Political changes, economic uncertainty, and high-profile CEO announcements
00:35have all shaped the conversation around where and how we work.
00:39But what's actually happening beyond those attention-grabbing headlines?
00:44Today, Brian returns with fresh data and insights that might surprise you.
00:48He'll share new research on productivity,
00:51examine how companies like Neiman Marcus Group are achieving remarkable results through flexibility,
00:56and explain why even retail workers are benefiting from a more autonomous approach to work.
01:08Brian, we're so glad that you could join us again today.
01:12So, when we spoke with you back in November of 2024 about the return to office mandates,
01:17you shared some really compelling research showing that RTO mandates weren't producing the productivity boost
01:24or the financial benefits that companies were expecting.
01:28So, what are you seeing happening now around forcing employees back into offices?
01:32Yeah, let's just start off with where we are in terms of policies and how many people are actually doing this.
01:38The headlines tend to get written about the CEO who's demanding people to get back in the office
01:41that sort of changed their mind about flexibility.
01:45It's not the majority case.
01:46Flex Index tracks about 9,000 organizations in the U.S.
01:50At the end of the year, last year in Q4, 68% of them had a flexible work policy.
01:55And that number didn't really change Q2, Q3, Q4,
01:58even after Andy Jassy and some others started making demands.
02:02What we see more recently is a study that came out of Stanford and the Federal Reserve of senior leaders.
02:08And what that showed, even like a month ago, was that only 12% of CEOs who have a flexible work policy
02:15plan to push something more stringent this year, plan to push return to office.
02:20And even when they asked them about, like, what happens if there's a recession?
02:24What happens if unemployment goes to 8%?
02:26Will you use that leverage against employees on flexibility?
02:29The answer was not really.
02:30The 12% became 14%, not exactly a big shift.
02:34And in fact, there was a couple percentage points of CEOs who said they would actually get more
02:38flexible, which probably means they're going to save money by reducing office space instead.
02:43What we are seeing in the data, though, is one kind of key thing, which is more people are
02:47coming back to three days a week.
02:49There's more drive around that, which if your team is co-located in the same city,
02:53most people are actually pretty happy with.
02:55So your big argument then has always been that that kind of flexibility in when and where people
03:01are working can really benefit employee productivity and a company's profitability.
03:07Are you seeing any new data that continues to support that?
03:10Yeah, there was a new study that came out of the UK recently, an academic study of government
03:14workers, interestingly, that showed on average people who had flexibility to work from home
03:19more often, even a couple of days a week, were 12% more productive.
03:23They measured their output, they measured output quality, and that 12% was sort of the center
03:28of it.
03:28It ranged as high as 25%, it ranged as low as like one or two points, which kind of goes
03:33back to the fact that if you talk and work with your manager, people often figure out
03:37what's best for them to optimize for outcomes.
03:41Financially, there's also a really interesting study that came out of the University of Melbourne
03:44that showed that companies that have flexible work policies outperform their peers and outperform
03:49the stock market.
03:50They have what gets called alpha in the stock market, which is they sort of unexpectedly
03:54do better.
03:55And I think that's because we all fall back on conventional wisdom that being in the office
03:59is being tough on employees and must be good for profitability, when in fact, the research
04:04and the data is showing that the opposite is actually more true.
04:07The giving people some degree of flexibility that works with their team actually gets more
04:11engagement, gets more productivity, and it turns out drives higher financial performance
04:16as well.
04:16So obviously, with the new Trump Republican administration, we've seen a shift in the
04:22political climate since January, both in the U.S. and around the world.
04:26How are these changes impacting workplace policies?
04:30You can see the impact of the Trump administration's demands on a return to office almost entirely
04:35within the federal workforce itself, which we should get into.
04:39More broadly, though, the impact of that outside of the administration isn't as large.
04:43You're seeing for every CEO that presses people back into the office, a couple of other CEOs
04:48aren't doing that because they see it as an opportunity to steal talent.
04:52A good example there is recently there was reporting about the fact that Verizon was basically running
04:56ads saying, hey, AT&T workers, if you're not happy going back into the office five days
05:01a week, you might want to look at our job boards.
05:04Sure, you're picking off people like data scientists in particular.
05:07Brian, let's step back and talk about some good news.
05:10Are you seeing any innovative retention strategies that are successfully balancing in-person
05:16collaboration with the kind of flexibility that employees want?
05:20You know, I'm thinking, for instance, of the Neiman Marcus Group, which has this remarkable
05:24business success with pairing flexibility with accountability for really great results.
05:30You wrote about that for us in March.
05:32I think the Neiman Marcus story is a great one, both in terms of helping people understand
05:37how flexibility and outcomes management go really hand in hand and how flexibility can
05:42be applied to the front line.
05:43So what Neiman Marcus did is they moved away from the sort of annual performance appraisal
05:47to quarterly assessments of how people are doing.
05:50Every manager with every employee, and this took a fair amount of investment on their part,
05:55set goals and assessed how they were doing on a regular basis.
05:57That meant you weren't waiting until the end of the year.
05:59But they gave people more flexibility and held them really deeply accountable to achieving
06:04those outcomes.
06:05The results were fantastic.
06:07That actually resulted in higher retention among employees.
06:10They had store employees, for example, where 75% of them stayed on through the end of the
06:14year, when often in stores and operations, the number is the opposite.
06:1875% of the turnover within those organizations, typically.
06:22Neiman Marcus also saw that they were able to drive better financial performance and higher
06:26productivity.
06:27They had, for example, when they sold in a private transaction, they sold at twice the
06:32EBITDA multiple, the profitability multiple of their nearest competitor, Nordstrom.
06:37So the financial performance was great.
06:40Retention of employees was high.
06:42And that's because they figured out that these two things can really go hand in hand, flexibility
06:47and accountability for outcomes.
06:49Brian, you talked about frontline workers having more flexibility.
06:54How does that even work in, say, a store situation where you have retail workers?
06:59Yeah.
07:00Most people assume that frontline workers, people who work in stores and warehouses, the
07:04flexibility doesn't pertain to them.
07:06What Neiman Marcus did was a couple of things.
07:07They actually did invest in tools and technology to support location flexibility on some days for
07:13those workers.
07:14So store associates, for example, at Neiman Marcus also manage customer lists.
07:19They have customers that they work with on a regular basis.
07:21What they did is they enabled them to work from home a day a week to manage those customers to the
07:25interactions and the back and forth.
07:28Store managers could also do things like staff planning and merchandising layouts working from
07:32home because those are activities that can be done on a computer from anywhere.
07:35The bigger deal in both store associates and people in operations roles is schedule flexibility,
07:41allowing people more choice in things like which location do you work in?
07:45What shifts do you take?
07:47That kind of flexibility helps people balance out their personal lives and their work lives.
07:51It was a big contributor to industry-leading retention rates that they had for frontline workers.
07:57Okay, so let's move away from some of these really specific examples and look more at the big
08:04picture.
08:05Back in November of 2024, when we talked to you about RTO for the first time, you said that
08:11the main takeaway for leaders who are contemplating an RTO mandate is that they should ask themselves,
08:17what problem am I trying to solve?
08:19They should also consider whether there are better ways to solve problems than blanket mandates.
08:24Is that still the same question?
08:26Absolutely.
08:27What problem you're trying to solve is really a key one because often these are conditioned
08:31off of a leader who just feels uncomfortable about too many people working from home too
08:36many days and a lack of trust.
08:37If your issues, you're concerned about whether people are really working while they're working
08:40from home, then an approach like Neiman Marcus's where you're focused on how do we make sure
08:45that we're measuring everyone on the basis of quarterly goals is really important.
08:49Brian, is there any kind of additional takeaway that you would add to that now in the current
08:55political and economic climate?
08:58The number one issue right now is not return to office or even generative AI.
09:01It's chaos.
09:02It's the concern those leaders have about the economy as well as culture inside of their
09:06organization.
09:07And it's a lot of the uncertainty and fears that are being created by the sort of fears
09:12of recession, the fears about, you know, the backlash against the backlash on DEI.
09:17I think in today's climate, the biggest thing that we all need to think about as leaders is
09:21what's our job in building resilience and trust within our own organizations.
09:25So things like a return to office mandate aren't going to help on either one of those in terms
09:29of especially trust among people, but spending time with your team and organization, being
09:35realistic and open about the challenges you're facing, but enlisting them and helping you think
09:39through what are our solutions to approach this are going to be really important because
09:44those stress levels aren't going down.
09:45They're only going up.
09:46And if you're not spending time building resilience, both in yourself and your team, you have a
09:51greater likelihood that something's going to break over the course of the next few months.
09:55And so for a lot of leaders that I'm talking with, that's where the concern lies.
09:59The concern lies in, how am I going to help my team navigate and get through this successfully?
10:04Because if we don't stand together, we'll all hang apart, to quote Benjamin Franklin.
10:09Thank you once again, Brian, for talking with us and for your insights into this really
10:14important topic.
10:15Thanks, Leslie.
10:16Great to be in with you.
10:18The future of workplace flexibility continues to evolve rapidly.
10:22As Brian Elliott's comments reveal, the key is finding the right balance.
10:26If you haven't seen our previous conversation with Brian, it's linked in the description below.
10:31And for more on the return to office debate, see his article,
10:34RTO Mandates Won't Fix a Broken Culture, on our website.
10:38What's working for your organization?
10:40Share your thoughts in the comments below.
10:43And for more insight from our authors, check out this curated playlist.
10:46Thanks for watching.
10:47Thanks for watching.

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