Companies have switched on to “work-from-home” mode for a long duration of time and this phenomenon has broken many stereotypical views of CEOs about remote work. There were even companies that had adopted this method even before the pandemic. According to Julie Sweet, CEO of Accenture-
“I give a lot of advice to CEOs about this because there are some who’ve got really excited about, ‘Let’s get rid of all our real estate!’. Back in the ’90s, we [at Accenture] pioneered remote working and we called it ‘hoteling’, and, particularly in the US, we took out a lot of real estate because we said, ‘Our people are at our client sites and/or they could be home’. And what we found, in fact, over the last five years when I was running North America, we started gradually to expand the [real estate] footprint again because there is a benefit of bringing people together as well.”
There is no denying that “work-from-home” has become the new norm of the corporate world and CEOs from all around the world have already adapted to the method or they are adapting. The situation has changed the views of CEOs about remote work and it is believed that this will have a long run.