What I've heard from 10 x 5,000 person Orgs in the last two weeks: We're pushing back return to office until April 2022 at the earliest

What does this mean for companies and workers globally?

[ a thread ] 💻🏠🌍
🦄 Trillion-$ Death: Refusal to embrace remote work will bring down one of the most valuable companies in the world

They will lose a huge number of their most talented people to a remote-first competitor who crushes them
❤️ New Wants: Habits and behaviors of workers everywhere have changed

People moved away from the commuting distance of their office

Few have any desire to move back
📭 Lease Expiration: Even if companies want to go back to the office, they can’t

Companies have let leases expire and have no plans to renew

There is no office to go back to
🙅‍♀️ Return Refusal: 30%+ of workers would rather quit than go back to the office

Companies are going to find out workers mean this as follow through on what they’ve said
😡 Hybrid Conflict: The media thinks there’s agreement by companies and workers that they both want hybrid

Companies: we tell you how much you have to be in office
Workers: we decide when and how much we come in

There is no agreement and this will cause huge problems
💣 Explosive Turnover: We are about to live through the highest period of turnover in history between companies

People will find companies that let them live the lives they want by working the way they want
🕵️ Luddites Lurk: What happened to companies that didn’t embrace the computers, software, then the internet?

The same way eCommerce disrupted stores, companies who go back to the office will be beaten by virtual-first competitors
⭐ Talent Wins: Workers have more power than at any time in history

Companies that refuse to give workers what they want won’t be able to attract great talent

They will be forced to become more remote but it will be too late
💌 Quality of Life: Workers know they don’t have to spend 70% of their day getting ready for, traveling to, or sitting in an office

People will increasingly have the time to spend more time doing the things that make them happiest instead of commuting
🏃‍♂️ City Flight: workers will continue to leave the cities their offices are located in

Many will end up quitting their jobs if their companies try to force them back to the office
🚜 Rural Living: many people, particularly those with families, will move to have more space, bigger homes

‘Second-tier cities’ will do very well as people move back to the areas they are from
🌍 Global Hiring: almost everything company will begin expanding the areas in which they hire

Remote work will democratize access to the best opportunity even more rapidly over the next 6-12 months
🏡 Micro Coworking: spaces close to home will rise rapidly for people who don’t want to or can’t WFH

This will be a home on every street, kitted out with the right furniture, great coffee, and on-demand fitness equipment
🛑 Async Emerges: remote work has lasted so long people are fatigued by the office being replicated remotely

Being in video calls all day makes you feel busy but crushed productivity

Most companies are looking to become more async as a result
🚗 Commuting Death: no matter what companies try workers will never accept commuting 2H a day again

Companies who don’t realize this will push their best people out the door
Why do these companies talk to me?

FirstbaseHQ.com

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Chris Herd

Chris Herd Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @chris_herd

14 Oct
This is the biggest mistake people make when thinking about remote work because:

1. Retention in remote-first companies is typically much higher

2. Relationships are typically much closer in remote-first companies
Lack of meaningful relationships is a deep societal issue magnified by the office due to the elongation of time people spend there

This leads to them having no time for hobbies where they meet people with shared interests

They get less time with the people they care about most
Your closest social contact being chosen by your employer isn’t typically a good thing

It leads to shallow superficial relationships where the deepest common bond is the continued economic success of said employer

Where if that changes relationships end
Read 11 tweets
11 Oct
Is going to the office broken?

Based on @Calnewport_ piece in the @NewYorker about me & remote work: newyorker.com/culture/office…

[ a thread ] 💻🏠🌍
🧠 Knowledge work: When knowledge work became a major economic sector in the twentieth century, the necessity to have employees work together around stationary machinery, as in the classic factory model, was curtailed
📍Why Co-location Happened: Knowledge work requires collaboration and access to information, both of which are conveniently served when individuals are physically near each other

Companies adapted the standardized nine-to-five work shift into the white-collar world
Read 16 tweets
8 Oct
What I've learnt talking to 2,500+ companies about remote work

[ a thread ] 💻🏠🌍
🏢 HQ’s are finished: companies will cut their commercial office space by 50-70%

The will allow every worker to work from home 2-4 days a week, and come into the office 1-2 days a week
🌍 Fully distributed: ~30% of the companies we talk to are getting rid of the office entirely and going remote-first

Companies doing this have seen their workers decentralize rapidly, leaving expensive cities to be closer to family
Read 23 tweets
3 Oct
The more I talk to people about ‘hybrid work’ the bigger the problem becomes

What companies and workers think think hybrid is are very different

Workers = being able to work remotely whenever they want

Companies = telling workers when they must attend

This will blow up ⏰💣
When both parties say they want hybrid it appears there is agreement

There isn’t

Workers thing that being surveyed during the pandemic means they have made how much remote they want very clear

They expect to be listened to

Most companies won’t
We are about to live through the highest period of turnover between companies in history

And companies will be shocked

“We asked you what we want and gave you what we think you wanted”

This isn’t the great resignation

It’s the great reset
Read 5 tweets
30 Sep
I've spoken to 1,500+ people about remote work in the last 9 months

A few predictions of what is likely to emerge before 2030

[ a thread ] 💻🏠🌍
🚜 Rural Living: World-class people will move to smaller cities, have a lower cost of living & higher quality of life

These regions must innovate quickly to attract that wealth. Better schools, faster internet connections are a must
⏰ Asynchronous Work: Offices are instantaneous gratification distraction factories where synchronous work makes it impossible to get stuff done

Tools that enable asynchronous work are the most important thing globally remote teams need. A lot of startups will try to tackle this
Read 22 tweets
20 Sep
Goodhire recently surveyed 3,500 Americans to understand the current state of remote work

What they discovered will shock every company thinking about going back to an office full-time

[ a thread ] 💻🏠🌍
68% of Americans would choose remote working options over in-office work
85% of Americans believe that their colleagues and other employees around the nation prefer working remotely rather than working from the company office.
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(