The 4 Day Week, a new model of work fit for the digitally driven 21st century, the Fourth Industrial Revolution, and the age of climate disaster, is my answer to the productivity problem that plagues many Organisation for Economic Co-operation and Development (OECD) countries, both developed and developing. Now, I accept there may be macroeconomic, infrastructural, political, industrial, and other legacy issues that affect the overall productivity of a given nation.
For example, in New Zealand, where I live, policymakers, government ministers, and business leaders continue to grapple with the decades-old problem of concentration risk in an economy that is heavily skewed towards primary industry and tourism, two sectors which cannot be endlessly scaled up without concomitant effects on the natural environment, and which are highly vulnerable in the face of unpredictable climate events, a volatile dollar, and global issues such as COVID-19.
With these factors in mind—and while mulling over data about UK and Canadian office workers which found that on average, they were productive for only 1.5 to 2 hours in a standard eight-hour day—I conceived the 4 Day Week, a productivity-focused, reduced-hour model of work that embraces time as the scarce resource, posing the challenge to an existing workforce in an organisation to deliver their current productivity in four standard days rather than five.
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Denne historien er fra September 2020-utgaven av Indian Management.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Trust is a must
Trust a belief in the abilities, integrity, values, and character of any organisation is one of the most important management principles.
Listen To Your Customers
A good customer experience management strategy will not just help retain existing customers but also attract new ones.
The hand that feeds
Providing free meals to employees is an effective way to increase engagement and boost productivity.
Survival secrets
Thrive at the workplace with these simple adaptations.
Plan backwards
Pioneer in the venture capital and private equity fields and co-founder of four transformational private equity firms, Bryan C Cressey opines that we have been taught backwards in many important ways, people can work an entire career without seeing these roadblocks to their achievements, and if you recognise and bust these five myths, you will become far more successful.
For a sweet deal
Negotiation is a discovery process for both sides; better interactions will lead all parties to what they want.
Humanise. Optimise. Digitise
Engaging employees in critical to the survival of an organisation, since the future of business is (still) people.
Beyond the call of duty
A servant leadership model can serve the purpose best when dealing with a distributed workforce.
Workplace courage
Leaders need to build courage in order to enhance their self-reliance and contribution to the team.
Focused on reality
Are you a sales manager or a true sales leader? The difference, David Mattson, CEO, Sandler® and author, Scaling Sales Success: 16 Key Principles For Sales Leaders, maintains, comes down to whether you can see beyond five classic myths that we often tell ourselves about selling.
