"Best Buy CEO Hubert Joly axes flexible work. the original "Results-Only Work Environment" and why it is worse news than Yahoo's remote-worker roundup."
That is, if this Theory X style change ends up being judged as short-sighted leadership decision.
Excerpts via Professor Monique Valcour's post :
Best Buy's flexible work program is ...the groundbreaking Results Only Work Environment (ROWE), one of the most innovative and celebrated examples of a company redesigning work to focus on results and boost performance through motivation-enhancing trust and autonomy.
"In a turnaround transformation, you need to feel disposable as opposed to indispensable."
The ROWE method has since been implemented in more than 40 companies.
The culture of work-life support in a company is the most powerful predictor of employee work-life balance as well as a key element in job performance, organizational commitment, and intention to remain with the company.
But top management exerts the strongest influence on culture...
CEO Joly made a very revealing comment following an investors' meeting in November.
- "In a turnaround transformation, you need to feel disposable as opposed to indispensable."
- He is far from the only "Theory X" leader who believes that stressing employees makes them perform better.
- This underlying belief persists despite enormous research evidence to the contrary ...