Want to increase your revenue by 10 percent? Give your employees flexibility. A new Harvard Business Review article says that’s the key to success. For instance, companies that allow employees to work from home at least three time per month are more likely to report growth than companies that have more restrictive policies.
Is flexibility practical? A lot of companies can’t imagine functioning without strict rules and constant oversight. But these findings say the opposite is true. When you give flexibility, you get better results. For example, Cisco says it saves $277 million per year, thanks to its telecommuting policies.
But adding flexibility can be a difficult task if your company isn’t used to it. Here are some tips for making the changes.
To keep reading, click here: The productivity payoff of a flexible workplace