Yahoo Flap Misses The Bigger Point
New CEO Marissa Mayer wants all company employees to work in the office. This isn't about exercising control, it's about setting a tone for change.
That's right. In an era when just about everyone but coal miners and longshoremen thinks telecommuting is their birthright, Mayer is ordering all of Yahoo's 11,500 employees to show up at the office every day, starting in June.
The rationale: Employees become more creative and innovative when they work together face to face rather than over email, IM, video chats, wikis and other virtual means. "Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people and impromptu team meetings," Yahoo HR director Jackie Reses wrote in a memo to employees, obtained and posted by All Things D. "Speed and quality are often sacrificed when we work from home. We need to be one Yahoo, and that starts with physically being together."
Besides collaboration, there's another "c" word in play here: culture. It can be tough to build and maintain a strong, cohesive one when a good number of employees (it's at least several hundred in the case of Yahoo) rarely make their way to campus. Perhaps Mayer, a former Google executive on the job at Yahoo for only seven months, found the collegial energy lacking during her early tours of the company's offices.
Or maybe she just decided to shake up the status quo. Clearly, the old way of doing things wasn't paying rich dividends for the Internet company, given its stagnant revenue and earnings. Yahoo's stock price has popped of late -- closing at $21.16 Wednesday, near its four-year high -- only because Mayer has refreshed the company's email, photo-sharing and other products while a revamped board considers acquisitions (mobile, anyone?) as well as divestitures of non-core assets in Asia and elsewhere.
By requiring all employees to work in the office, Mayer is making a statement: We're all in this together. If Yahoo doesn't have your full attention, seek employment elsewhere. Read full story on InformationWeek
Post a comment to the original version of this story on InformationWeek