A lot of managers, and a lot of leaders, think that if theyre watching you, then youre productive, Mr. Cappelli said. We know thats not true.
- Peter Cappelli, professor of management at the University of Pennsylvanias Wharton School of Business
This reader comment is interesting:
He (Ishbia) moves into his father's company at a just about perfect time and I am reminded of "Some people are born on third base and go through life thinking they hit a triple."
I'm sure the people who bought UWM stock on December 31, 2020 at $13.13 a share are just tickled PINK that it goes for $3.14 a share now.
Obviously, not everybody can be motivated or productive working from home, and for most companies and employees the answer is probably a mix of in-office and WFH. But having every single employee drag their butts into an office five days a week (even when leavened with "perks" like foosball tables and snacks) is definitely going to lose you a lot of good talent these days, particularly in IT, engineering, and other high-demand jobs.
In my last decade of IT work, I worked remotely most of the time and was extremely productive. We were evaluated based on our productivity, not on the appearance of being busy, sucking up to the boss, and so on. Most of my team-mates were scattered around the country and often the world, making spending 2+ hours a day commuting to an office just to work with them remotely from there completely superfluous.
Some in upper management had this fantasy of great ideas happening "around the water cooler." That was a crock, in my experience.