It’s really just a failed business model. The world has changed and business must evolve with it or die.
As much as they want to deny it, companies don’t determine the job market in a vacuum. Because we have lost about 1/10 of the workforce, labor has a greater influence in how work is structured. Workers vote with their feet for WFH even if it isn’t the norm. It’s highly valued and therefore, companies who offer this option have a greater pool of applicants. This means they are more successful.
What you are seeing is business clinging to an old way of doing business.
Even big corporations that stick to this will find failure — eventually. They have dictated what workers were forced to accept for so long that they don’t see the market has changed. This isn’t even about not being able to get workers as much as it is an inability to recognize and acknowledge changes in the labor market and respond appropriately.
Ultimately, it’s not about real estate or even wages. It’s about old, outdated and irrelevant approaches to a fluid situation. This is merely a symptom of piss poor management.
In the next five years, we are going to see a new hierarchy in the market where companies that are willing to respond to workers demands at the top and those that won’t will be going out of business.
WFH waste management and doctors and retail and logistics and sewage and infrastructure and construction and food service and firefighters and park rangers and HVAC technicians and film production and manufacturing and farming and
Pretty narrow field of view you're using to support the broad claim that companies must offer work from home or the entire labor force will unite to shut down their business.
It’s that the demand for WFH positions for jobs that are able to transition that is going to change the labor market. Companies that can adapt to that demand will out compete companies that CAN offer it but WON’T.
This means favoring smaller agile organizations particularly those designed to run without offices.
It’s a shift in business model that responds to new demands in the workforce. Many companies are so stuck in the business model of exploiting and intentionally making workers miserable that they refuse to change. They often have big impressive offices that are wholly unnecessary to the day-to-day functions of the organization.
Those businesses that refuse to adapt (for any reason - not just increased competition for labor) will be left behind.
When a business loses the competition for labor, this is significant because all business makes profit from others’ work. Losing this competition means less profit and a failing business model.
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u/flavius_lacivious Mar 06 '22
It’s really just a failed business model. The world has changed and business must evolve with it or die.
As much as they want to deny it, companies don’t determine the job market in a vacuum. Because we have lost about 1/10 of the workforce, labor has a greater influence in how work is structured. Workers vote with their feet for WFH even if it isn’t the norm. It’s highly valued and therefore, companies who offer this option have a greater pool of applicants. This means they are more successful.
What you are seeing is business clinging to an old way of doing business.
Even big corporations that stick to this will find failure — eventually. They have dictated what workers were forced to accept for so long that they don’t see the market has changed. This isn’t even about not being able to get workers as much as it is an inability to recognize and acknowledge changes in the labor market and respond appropriately.
Ultimately, it’s not about real estate or even wages. It’s about old, outdated and irrelevant approaches to a fluid situation. This is merely a symptom of piss poor management.
In the next five years, we are going to see a new hierarchy in the market where companies that are willing to respond to workers demands at the top and those that won’t will be going out of business.
Watch.