How the Future Works. Brian Elliott

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weren't focused on in-office cafes and gyms.

      Some of the advantages of the new strategy quickly became clear. As we mentioned in the last chapter, flexibility is increasingly something that employees value and look for. It was no different at Dropbox. Based on internal surveys, they found that 88% of their people preferred increased flexibility and 84% stated that they were as productive or more productive while working flexibly.

      But the benefits went well beyond that. Leaders wanted to ensure their new flexible work model was helping them meet their key goals and financial objectives—and early results were more than promising. After implementing the new approach, they saw the following:

       Three times the number of applicants

       15% faster time to hire

       16% increase in diverse candidates

      That's just one example of how flexible work can work. And not just for tech companies like Dropbox either, as you will see in the coming chapters. Flexible work has huge potential for new companies and long-standing ones, centralized organizations and ones that are globally dispersed, for all sizes and most industries. When done right it has clear benefits for both people and the companies they work for.

      Hybrid, remote, virtual, distributed … these are all terms you will hear associated with the concept of flexible work, and they all describe work models that differ from the traditional setup that has been the default way in which so many people have worked for decades. For the purposes of this book, we lump them all together under the umbrella heading of “flexible work” (but with an important caveat that we'll get to in a moment).

      That's because “flexible work” has a somewhat flexible definition. It encompasses a wide range of options that can be tailored to meet the needs of your company, or even the needs of different teams within your company. And yet far too often people define it far too narrowly. They think only of those employees who sometimes or always work from home (WFH) even though that's just one, rather narrow definition (and, as you will come to learn, typically not the most beneficial one). Flexible work, in our view, is more of a mindset than a specific set of rules or policies. It's about freeing oneself from the outdated notion that work = office and the workweek = 9-to-5. Instead we can push the boundaries of how we think about the ways in which we can work together and offer people more freedom and autonomy to get things done in ways that suit them better. We can choose to focus on which model is going to drive the best outcomes for our business, rather than on where and when that work takes place. This requires some flexible thinking.

      Source: Future Forum Pulse, 2021

      As you make your way through this book, we invite you to keep an open mind about what flexible work can mean because we have found that those statistics defy expectations for a lot of leaders. Even the most innovative companies, the ones that embrace location flexibility, have struggled with the concept of schedule flexibility. But let's face it: a calendar full of back-to-back meetings from 9:00 a.m. to 5:00 p.m., even when done via Zoom from a home office, is not real flexibility, and it's not what workers are asking for. They want the ability to coordinate schedules with their partners and kids. They want to be able to take time out of their day to rest, workout, or go to an appointment. They want to be able to work on a schedule that allows them to be the most productive. They want the freedom and autonomy to make their lives work and do good work all at the same time.

      The numbers also show that the desire for flexibility defies stereotype. It's not just something for younger employees or working moms. The desire crosses age, gender, race, and geographical categories. Even among executives, who expressed a preference for office work, a majority still valued their schedule flexibility.

      Because the vast majority of workers are asking for it might be reason enough to consider changing how you work, but it's hardly the only reason. When done right, flexible work offers numerous benefits that can give your organization a real competitive edge.

      It's clear that workers want flexibility, especially schedule flexibility, but that alone isn't enough to convince some leaders to make what can (and should) be a substantial structural and cultural shift. The most convincing reason is the rewards. Mounting evidence shows that flexible work enables organizations to do three key things that are critical across industries:

       1) Win the Battle for Talent

      As we mentioned in the last chapter, in 2021 the top concerns for CEOs centered on people. As the authors of a Fortune/Deloitte CEO survey put it: “When asked about the biggest challenge they face today, CEOs named one above all others: talent, in nearly every form. Attracting, hiring, retaining, developing, growing, and engaging talent.”3 In fact, winning the battle for talent may be the most common reason companies adopt flexible work programs. As Helena Gottschling, Chief HR Officer for the Royal Bank of Canada, put it when talking about their flexible work model (something we'll look at more closely in the next chapter), “If done right, we believe it could be a true differentiator.”

      First, let's look at how it can help with an organization's recruiting efforts. There's really no way around it: When employees work in an office, they must live within a commutable distance from that office. This limits the talent pool that organizations can draw from. It's also one of the main

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