How the Future Works. Brian Elliott

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How the Future Works - Brian Elliott

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right—you won't be successful.

      Digital-First: n.

      A flexible work model that requires companies to make a switch, from a mode of operations where digital technologies supplemented in-person communication as a way of getting work done, to one where in-person supplements the digital, in order to build a more connected and inclusive way of working for everyone. Digital-First means embracing a truly flexible way of working, one in which people are given the freedom of choice—in terms of both when and where they work—in order to unlock their potential and enable their best performance.

      What businesses need in order to be successful is to create what we call flexibility within a framework to support their Digital-First work model. They don't realize that for flexible work to really work, it requires much more than just a policy statement. It requires a significant change in your company culture, processes, and infrastructure. Too often companies miss the bigger picture and the larger opportunity.

      That could have been true for Dropbox. Their leadership team was on board with the concept of location flexibility in the beginning, but there was hesitation about schedule flexibility and what that would mean in terms of collaboration among their people. The pandemic forced them to experiment, and the company found something that worked. (They call theirs “virtual first,” but it's a good example of a Digital-First strategy.) Then they created a framework of policies, tools, and infrastructure to support it.

      Dropbox took a big bet on something that was untested and unfamiliar to them. It required significant changes and investment, but the improvements they've seen in recruitment, onboarding, and diversity speak for themselves. And that's just the beginning for them. As they continue to experiment and adjust to what works, they are sure to see more of the benefits that flexible work can bring, providing them with a real competitive advantage.

      This is where the next part of this book comes in. You don't have to take a big bet on something that's completely untested. Through Future Forum's original research and work with companies that are paving the way, we have distilled what companies need to do to make the switch to Digital-First into seven key steps that will get you there. They will help you reimagine how the future works, and then design a framework that supports your new vision and drives results. It's not a quick-and-easy process, but as you saw with Dropbox—and as you will see with the many other company examples in this book—it's well worth it.

      1 1. Jones, S. (2021). ‘Dropbox's billionaire founder Drew Houston says the 40-hour office week is a thing of the past and the pandemic has changed work’, Business Insider, 28 September. Available at: https://www.businessinsider.com/dropbox-drew-houston-40-hour-office-work-week-is-over-2021-9 (Accessed: 18 November 2021).

      2 2. Future Forum (2021). ‘Future Forum pulse’, October 2021. Available at: https://futureforum.com/pulse-survey/ (Accessed: 18 November 2021).

      3 3. Deloitte (2021). ‘2021 Fortune/Deloitte CEO Survey’. Available at: https://www2.deloitte.com/us/en/pages/chief-executive-officer/articles/ceo-survey.html (Accessed: 18 November 2021).

      4 4. Future Forum (2021). ‘Winning the war for talent in the post-pandemic world’, 15 June. Available at: https://futureforum.com/2021/06/15/future-forum-pulse/ (Accessed: 18 November 2021).

      5 5. Fuller, J. B. and Raman, M. ‘The caring company: How employers can cut costs and boost productivity by helping employees manage caregiving needs’. Available at: https://www.hbs.edu/managing-the-future-of-work/research/Pages/the-caring-company.aspx (Accessed: 18 November 2021).

      6 6. Future Forum (2021). ‘Winning the war for talent in the post-pandemic world’, 15 June. Available at: https://futureforum.com/2021/06/15/future-forum-pulse/ (Accessed: 18 November 2021).

      7 7. Bersin, J. (2013). ‘Employee retention now a big issue: Why the tide has turned’, LinkedIn, 16 August. Available at: https://www.linkedin.com/pulse/20130816200159-131079-employee-retention-now-a-big-issue-why-the-tide-has-turned/ (Accessed: 18 November 2021).

      8 8. Gandhi, V. and Robison, J. (2021). ‘The “Great Resignation” is really the “Great Discontent”’, Gallup, 22 July. Available at: https://www.gallup.com/workplace/351545/great-resignation-really-great-discontent.aspx (Accessed: 18 November 2021).

      9 9. Harter, J. (2021). ‘U.S. employee engagement rises following wild 2020’, Gallup, 26 February. Available at: https://www.gallup.com/workplace/330017/employee-engagement-rises-following-wild-2020.aspx (Accessed: 18 November 2021).

      10 10. Chamorro-Premuzic, T. (2015). ‘Why group brainstorming is a waste of time’, Harvard Business Review, 25 March. Available at: https://hbr.org/2015/03/why-group-brainstorming-is-a-waste-of-time (Accessed: 18 November 2021).

      11 11. Future Forum (2021). ‘Winning the war for talent in the post-pandemic world’, 15 June. Available at: https://futureforum.com/2021/06/15/future-forum-pulse/ (Accessed: 18 November 2021).

      12 12. Choudhury, P. (R.) (2021). ‘Our work-from-anywhere future’, Harvard Business Review, November–December. Available at: https://hbr.org/2020/11/our-work-from-anywhere-future (Accessed: 18 November 2021).

      13 13. Lorenzo, R., Voigt, N., Tsusaka, M. and Krentz, M. (2018). ‘How diverse leadership teams boost innovation’, 23 January. Available at: https://www.bcg.com/en-us/publications/2018/how-diverse-leadership-teams-boost-innovation (Accessed: 11 January 2022).

      14 14. JoshBersin.com (2015). ‘Why diversity and inclusion has become a business priority’, 7 December. Available at: https://joshbersin.com/2015/12/why-diversity-and-inclusion-will-be-a-top-priority-for-2016/

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