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58 % of executives report improvements in individual productivity across their organizations ), working from home works great for some people , and not so great for others . The pitfalls can be countless : There is the loss of professional interaction , new employees who aren ’ t learning the nitty-gritty of how to complete tasks in an office environment , the difficulty of making work friends , a lack of flexibility from bosses and managers , and the list goes on . Just look to the Great Resignation for how challenging hybrid work can be . From the start of the pandemic through November 2021 , more than 3.9 million workers quit their jobs each month on average , far above typical levels . That mass exodus is a clear sign that people are seeking a workplace that fits their needs , schedules , and values .
For companies that don ’ t get hybrid “ right ,” the stakes are high . They risk hemorrhaging talent amid this moment of low unemployment and high job demand . They also risk not attracting the type of future hires who will help their firms grow .
But this is not a moment for panic ; it ’ s a time to reimagine the workplace , from physical buildings to ongoing learning to the interactions that help workers thrive — all enabled by technology . As organizations look to formalize a hybrid model that works best for them , the most successful are operating much like entrepreneurs : testing out ideas and spaces , redesigning the hiring process , and listening to employees ’ concerns and needs .
HP / INNOVATION / SPRING 2022 26