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Best Buy's CEO wants "all hands on deck"

Following in Yahoo's footsteps, Best Buy will no longer allow corporate employees to partake in company telecommuting.

Best Buy launched the ROWE program in 2005, which stands for Results Only Work Environment. This meant that corporate employees were only evaluated on performance rather than time worked or attendance to the Richfield headquarters. This program didn't apply to store employees.

However, Best Buy CEO Hubert Joly has decided to end the ROWE program and start bringing corporate employees into the office. He's doing this because Best Buy has been in a rut lately, and bringing employees into the office encourages collaboration and increased innovation.

“It makes sense to consider not just what the results are but how the work gets done,” said Best Buy spokesman Matt Furman. “Bottom line, it’s ‘all hands on deck’ at Best Buy and that means having employees in the office as much as possible to collaborate and connect on ways to improve our business.”

Just last week, Best Buy laid off 400 corporate employees in an effort to save $150 million. The company also axed thousands of jobs last year in an effort to stay afloat financially during times where e-tailers like Amazon were taking over retail with cheaper prices and faster shipping.

Yahoo CEO Marissa Mayer started the "end telecommuting" trend last month when she pulled that privilege from the search company's telecommuters. She said speed and quality are sacrificed when employees work from home. In fact, an internal Yahoo email read the following:

"To become the absolute best place to work, communication and collaboration will be important, so we need to be working side-by-side. That is why it is critical that we are all present in our offices. Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people, and impromptu team meetings. Speed and quality are often sacrificed when we work from home. We need to be one Yahoo!, and that starts with physically being together."

Source: Star Tribune



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The ship was already sinking
By viperfl on 3/6/2013 7:36:38 PM , Rating: 2
People always say work from home is bad when study after study suggests that people who work from home work more than the people who come into the office. I also hear people say that new ideas are created at the water cooler. I have also read about great ideas and inventions made in the garage or basement. So what's your point?

Working from home is not the problem. Especially in the case of Yahoo and Best Buy. Yahoo's problem was they didn't innovate. While Google was dishing out new ideas, Yahoo was falling further and further behind. Yahoo couldn't think outside the box. Best Buys first mistake was buying Geek Squad. Didn't bring in the customers like they thought it would. An electronic's store calling themselves Best Buy, they were't really a best buy at all. I could find what I wanted on Newegg at a cheaper price.




By sorry dog on 3/7/2013 1:45:06 AM , Rating: 2
...To add to this...

There are many case studies published in places like Harvard Business Review to Academic studies that say that remote work can be just as productive and effective as a traditional office.

With that said I feel that it depends a great deal upon the type of position it is and other factors such corporate culture and the particular employee's situation.

Which is why a blanket company rule to kill all telecommuting just seems inflexible and sorta stupid. Chances are those companies will runoff or un-recruit valuable employees, and alienate employees that have arranged parts of their lives that are not so easily changed around remote work such as the location of their home in relation to the office.

...Not that I'd really want to work for corporate Best Buy anyway...I still remember nearly getting a job with Circuit City many years ago and later being very glad that I did not... and having a friend that had a good job with Tweeter/ HiFi Buys and of course that didn't last. Doesn't seem like a stable industry to work in.


"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA

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