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How to get remote working right

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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

Hybrid and remote work have become the norm for many in recent years, but are these arrangements actually effective? Remote work makes people happier, and a well-organized hybrid environment can boost productivity, says Stanford economist Nicholas Bloom. In fact, having the option of working from home two days a week is as valuable as an 8 percent pay increase—“an enormous amount of money” according to Bloom. For a deep dive into remote work, including its history, how it has grown and evolved during the pandemic, and what practices can make working from home more effective going forward, tune into a conversation with Bloom and McKinsey Global Institute partner Michael Chui in a new episode of the Forward Thinking podcast.

Forward Thinking on how to get remote working right with Nicholas Bloom

“There’s a lot of scare stories in the media saying hybrid doesn’t work,” says a leading economist. “My one piece of advice is just be intentional, be organized. Basically, get folks in on two, three days a week … and be really tough about having them come in. And then let them work from home on the other days.”

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“During the pandemic, we all came together in the healthcare system to focus on patients. I think focusing on patient outcomes and reimbursing for patient outcomes is how we can put the best interests of the patient in mind again.”

—Christi Shaw, CEO of Kite, a Gilead Company, on patient access of the company’s CAR T-cell therapies in “Steadfast but nimble: CEO Christi Shaw on cancer treatment’s cutting edge”

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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:31 - 2 Feb 2023

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