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The Future of Flexibility
Companies, such as Yahoo and Best Buy have decided to re-centralize but research shows that they are in the minority among organizations today. 81 percent of respondents in a Catalyst survey reported that their current firm offers FWAs of some kind Experts predict that within the next few years, 1.3 billion people worldwide will be working virtually (Catalyst)
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Flexibility as a Business Strategy
A 2010 SHRM survey of HR professionals found that the best tactic to attract and retain talent is to provide flexible work arrangements (Families and Work Institute /SHRM, 2012). IBM employees with workplace flexibility are able to work 19 longer hours (often equivalent to one or two 8-hr days more per week) before reporting work-life conflict (Hill et al, 2010). Research from Deloitte shows that addressing concerns about work-life fit through workplace flexibility would have six times the impact on voluntary turnover than addressing concerns about fair pay (Deloitte, 2013).
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Defining Workplace Flexibility
Day-to-Day Scheduling Time Off Career Flexibility scheduling of hours amount of hours worked place of work Examples: Flexible Work Hours Compressed Workweeks Shift Flexibility Part-time Part-year Reduced-hours schedules Job Sharing Telecommuting Hotelling Snowbirding Short-term Episodic Extended Sick leave Vacation FMLA Sabbatical Leave of Absence Short Term Disability Parental Leave Career Exits Career Maintenance Career Re-entry On-Boarding On-ramp from leave Off-ramp to leave Phased retirement Education Leave Alumni Program “Full Circle” The three most frequently reported obstacles were suitability of jobs for flexible work (41%), business needs that do not allow for FWAs (29%) and inconsistency in policy/practice/program implementation (27%).
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Virtual Work is the Future
Source: Deloitte
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Leading a Virtual Workforce
Whether an employee is working in the office, from his or her home, from a client location across town, or from a company facility in another state, managers today need to learn new ways of supervising regardless of “place.” Define the work that has to be done Assign the work to the right people Communicate a clear vision and performance goals Hold people accountable for getting it done Foster collaboration Host regularly scheduled phone calls or video conferences and ask for virtual feedback from members to ensure engagement Build trust among team members by assigning specific tasks, helping them to address conflicts, and encouraging follow-through and goals Encourage constant sharing of information, ex: create a knowledge sharing repository Establish communication guidelines Develop a formal training program for virtual team members Encourage employee pairing and mentoring Signal your accessibility for informal and formal conversations
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Best practices State Street: Manager-Initiated Flex
American Express: BlueWork IBM: Work-Life Guidelines Deloitte: Mass Career Customization Marriott International: Flex Options for Hourly Workers Eli Lilly and Company: Model of Workplace Flexibility (video, 3:58)
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Resources The Virtual Workforce: A Shifting Paradigm
The Great Debate: Flexibility versus Face Time Deloitte: Making Virtual Work “Business as Usual” Managing a Remote Workforce: Proven Practices from Successful Leaders Set Up Remote Workers to Thrive The Challenges of Working in Virtual Teams Workplace Flexibility in the 21st Century
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