The pandemic made remote work the norm and set a new standard for employees. And for a while at least, it seemed like it might be here to stay. But with the economy cooling and a less-robust jobs market giving employers the upper hand, more and more companies are now requiring their workers to come in to the office - something that has created tension between managers and employees. But it's about much more than just sleeping later or spending quality time with Fido. Remote work is particularly beneficial to women and those in caregiving roles, argues Lindsay Kaplan Co-Founder of Chief. This sentiment is echoed by Ravin Jesuthasan, Mercer (MERC) Global Leader for Transformation Services, who emphasizes the need for equitable opportunities and flexibility in work arrangements. Instead of enforcing rigid policies, it’s important for companies to highlight the benefits and purpose for returning to the office, says Stephen Bailey, ExecOnline Co-Founder and CEO. The current global shift in work culture has left organizations grappling with the question of how to best accommodate employees’ needs and maintain productivity and innovation. For more from this episode of Lead This Way: Battling ageism in the workplace
For the first time in modern history, there are five generations in the workforce. Yahoo Finance’s Julie Hyman sits down with leadership experts to discuss how organizations need to evolve in response to changing workforce dynamics. Bridging the generational divides will mean doing things like abandoning one-size-fits-all ideas and meeting people on their terms, says Ravin Jesuthasan, Senior Partner for Transformation Services at Mercer (MERC). However, one thing they will need to be clear on, according to Exec Online Co-Founder and CEO Stephen Bailey, is setting clear messaging on what the company culture is and how to set expectations about how leaders’ should lead in line with that culture. Chief Co-Founder Lindsay Kaplan bluntly calls ageism an “insidious form of discrimination in the workplace,” noting that it has a disproportionate impact on women and people of color. She also notes that there are stereotypes tied to generational bias that can lead to discrimination in the workplace. Watch the video above to learn more about how efforts to bridge the age gap are changing the workplace.
It's no simple task to completely change the trajectory of the US semiconductor industry. Pat Gelsinger, the charismatic CEO of Intel (INTC) knows that as he looks to accomplish company goals, he'll need employees that are in it for the long haul. He's found that the best way to earn their trust is to be as forthcoming as possible. Intel has seen its stock fall over the past 5 years, and Gelsinger has made it his mission to guide the company through a corporate transformation. He's using his leadership skills that he garnered while learning under his mentor, former Intel CEO Andy Grove, to connect with his employees and get them on board for the work to come. "If I'm anything but honest with them," Gelsinger says,"why should they want to go on this journey with me?" To watch the full episode: Intel CEO’s goal: Bring chip manufacturing back to the US, click here. For more on our Lead This Way Series, click here, and tune in to Yahoo Finance every Thursday at 3 p.m. ET.