Not becoming remote-first will lead to a Trillion $ company being replaced
A few reasons why this will happen
[ a thread ] ๐ป๐ ๐
๐ The Past: What happened to every company that didnโt adopt computers?
What happened to every company that didnโt implement Software?
What happened to every company that didnโt accept the internet?
Whatโs about to happen to every company that doesnโt embrace remote work?
๐ The Data: 9 in 10 people never want to work in an office again full-time
Full-time office companies face the biggest exodus of talent in history
We are about to see the highest period of turnover in history between companies
๐ฏโโ๏ธ eCommerce vs. Stores: Physical retail is no longer economically viable because eCommerce is more convenient, cheaper, and it offers far more flexibility, control, and choice
Virtual-first companies crush office-first companies for the same reason
๐ง The Knowledge Economy: In a knowledge economy, companies are only as strong as their talent
Talent is demanding remote work and the number of people who want it will explode post-Covid
๐ฆ Pandemic Remote: Millions of people have only experienced the worst possible version of remote work
- lockdowns
- homeschooling
- canโt see family
- unable to travel
Normal remote work is 100X better than pandemic remote work
๐ข Office Problems: Having to attend an office any number of days a week dilutes the benefits of remote
๐canโt live anywhere
โ๏ธ canโt travel regularly
๐schedule is still fixed
This limits the talent companies will be able to attract and retain
๐ Remote Work Dilemma: If youโre less remote than your competitors youโll bleed your most talented people to them until it kills your business
You lose because theyโre more talented and efficient. They win by giving your people what they want
Especially true for big companies
๐ญ The Next Industrial Revolution: Remote work lets us evolve past production line workdays
Instead of work being designed for the collective, it becomes personalized to the individual
This is huge
๐ฎ The Future of Living: Remote isnโt just about the future of work, remote work is a bridge to a higher quality of life
Itโs an answer to many of the societal and demographic challenges we face.
๐ Access Opportunity: Remote work should lead to the most diverse accessible and inclusive teams in history
- single parents
- carers for others
- anyone with a health conditions
or impairments that make the
office impossible
Office-first companies lock these people out
โข โข โข
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