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99% of Fortune Executives Believe the Future of Work is Distributed

Executives’ almost 100% belief in the future of the distributed work model adds to mounting data challenging the notion that full-time, in-office work could return to pre-pandemic norms.

Dominic CatacorabyDominic Catacora
January 18, 2024
in News
Reading Time: 3 mins read
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99% of Fortune Executives Believe the Future of Work is Distributed

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While many executives still disagree in the full-time return to office debate, it seems that almost all believe the workforce will be distributed in the future.  

According to a recent report published by Atlassian called, “Lessons Learned: 1,000 Days of Distributed at Atlassian,” 99% of executives foresee an increasingly distributed work environment in the future. This data is based on a survey of 100 Fortune 500 executives and 100 Fortune 1000 executives. 

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The distributed work model, as Atlassian’s survey explores, is not confined to remote work but embodies a broader range of online collaboration across different locations. Executives’ almost 100% belief in the model’s future challenges the notion that full-time, in-office work will return to pre-pandemic norms.  

The data suggests that physical presence is no longer the cornerstone of productivity or innovation. In fact, the majority, or 98% of the executives in the survey, agree that the effectiveness of work is less about location and more about the methodologies and processes in place. 

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According to an analysis of the report published by the Economic Times, Atlassian’s “Team Anywhere” policy, which allows employees the flexibility to work from home, office, or a combination, has shown positive results. Atlassian boats that this approach to work environments has not only improved talent attraction and retention but also significantly improved gender diversity in its India-based offices — with more than two times an increase in women’s representation. The company’s employee feedback reinforces this success, with 92% stating that the policy enables them to deliver their best work and 91% citing it as a key factor for their continued employment with Atlassian. 

The data also sheds light on common misconceptions about distributed work. For instance, only one-third of executives with an in-office mandate believe that such policies positively impact productivity. According to the Economic times, 87% of executives report a lack of visibility into team goals, suggesting that collaboration challenges are not necessarily related to physical locations but more so to organizational structure and communication. 

The report suggests a strong belief in distributed work models, driven by the need for flexibility, diversity, and efficiency. Greater flexibility can impact a company’s innovation, talent acquisition, and overall business performance. Atlassian’s report, therefore, serves as a crucial reminder for companies navigating the transition to hybrid work environments as a main stay in the workforce — emphasizing the importance of embracing distributed work not as a temporary adjustment but as a long-term strategic approach to work.

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Source: Economic Times
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Dominic Catacora

Dominic Catacora

Dominic Catacora is a Staff Writer for Allwork.space. He is based in Pittsburgh, PA. He graduated from Radford University in 2017 with a Bachelor of Science degree in Media Studies - Journalism. He has previously covered the Historic Triangle as a journalist living in Williamsburg, Va, and is now focused on writing related to the future of work.

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