The increasingly popular trend of remote work among younger generations might be a potential roadblock to reaching executive positions, warns NYU Stern School of Business Professor Suzy Welch.
What Happened: As reported by Business Insider India, Welch suggests that while remote work might offer a work-life balance, it could limit the financial and career successes that office-goers might attain.
Welch said, “The young people who choose to have that life that go into work maybe one or two days a week or never… are probably not going to become CEOs.” She emphasized that individuals who have experienced traditional office environments appreciate its benefits more than those who started remote work during the pandemic.
Welch’s perspective aligns with her NYU colleague, Professor Scott Galloway, who previously recommended against remote work for those aspiring for significant professional and personal triumphs.
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Why It Matters: Welch’s comments add to the ongoing conversation about remote work, a trend that has seen a significant rise in recent years. Younger generations are increasingly favoring better work-life balance, a sentiment reflected in popular social media trends like “lazy-girl jobs” and the “snail-girl” lifestyle.
However, not everyone shares the same enthusiasm for this trend. As noted in a Benzinga article, former PayPal Holdings Inc. executive David Sacks expressed his reservations about work-from-home policies, stating that remote work “doesn’t work.”
Similarly, Tesla CEO Elon Musk voiced his criticism of the remote work trend in a Benzinga piece from May, asserting that people are more productive when working in person.
Welch’s views, alongside those of her peers and industry leaders, underscore the ongoing debate over the long-term viability and potential drawbacks of the remote work trend.
Photo Courtesy: DiMedia On Shutterstock.com
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