This reduction in turnover saved millions of dollars in recruiting and training costs, thereby increasing profits for the company. Business leaders can learn valuable lessons from this study to implement a successful hybrid work model: establishing rigorous performance management systems, coordinating team or company-level hybrid schedules, and securing support from firm leadership. Additionally, executives should A/B test their own management practices to find what works best for them.
RTO advocates often cite the importance of in-person connections, with former Google CEO Eric Schmidt evenJames Liang is a leading scholar of demographic economics, entrepreneurship, and innovation research. He co-founded Trip.com Group and currently serves as its Executive Chairman. He is also Research Professor of Applied Economics at Peking University’s Guanghua School of Management.Han is an assistant professor at the Chinese University of Hong Kong and a recent graduate of Stanford’s Ph.D.
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