The March 2007 issue of Business 2.0 discusses the idea of ROWE or Results-Only Work Environment (it’s #2 out of the top-ten products, ideas and trends story), and if you haven’t heard of the concept before you’re probably not alone. ROWE was created by Best Buy Corporation and allows employees to work when they want. Under this concept, the boss has no say in your schedule and can only judge you based on tasks successfully completed. This means you could work in the office, at home, or at the beach if you want. All that matters is that you’re successful at your job and you’re delivering results.
In an Internet driven era, the concept is great. We no longer need to be tied to our desk day after day. All an employee needs is a phone and an Internet connection. Take myself, for example. I work out of the NY office, but all my team members and clients are based in the Bay Area. I find that I’m more productive, spend less time chit-chatting with co-workers, and am more focused on getting the job done. But this isn’t for everyone or for every industry. The retail industry is taking the lead because their turnover rate is so high.
As always, I like to give predictions and my prediction is that by 2008 we’re going to see more companies adopt this concept. With the talent shortage and the baby boomer exodus, employees have become an organizations most important asset, and with geography no longer relevant, it will not matter if your employee is in Ohio, New York, or Miami. All that matters is that they’re smart, productive, and deliver results.