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Take an extreme example: consultants, in order to be colocated, routinely travel ~8 hours twice a week AND convince their clients to pay an extra ~2k/person/wee
by curiousllama 6y ago
Take an extreme example: consultants, in order to be colocated, routinely travel ~8 hours twice a week AND convince their clients to pay an extra ~2k/person/week. Why? Shouldn't firms that don't require travel have outcompeted firms that do, if it's such a costly activity? why has the industry standardized on crazy levels of travel?
(1) Personal relationships & trust - it's very, very hard to build strong personal relationships without face-to-face contact. Impact often requires trust that's hard(er) to build remotely.
(2) Casual serendipity - New projects (innovation) are hard to identify in a vacuum. It's the lunch-conversation "huh, maybe that could work" that often drives impactful change. MUCH harder to do that remotely.
https://www.wsj.com/articles/SB10001424127887323798104578455081218505870 https://www.wsj.com/articles/SB10001424127887323798104578455...
(3) Fewer meetings - if every interaction of substance (read: not an easy slack message) has to be a scheduled, there are a lot more meetings. Admittedly, this is just my experience, but I've seen it more than once.
Note that all of these are long-term trends. Maybe they get resolved as people get used to working remotely and new patterns emerge. But at least for me, this is why I wouldn't think most companies should go remote.
- ativzzz 6y agoConsultants are forced to travel primarily for marketing value rather than for productive value. Yes, you want to travel to meet your client in person, maybe to do some big planning/milestones, but for every day work, the consultants are in person to give the clients the perception that their money is being put to good use. This is especially important as the top consulting companies hire undergrads fresh out of school (who don't know anything except how to put in the hours and do powerpoints/excel) and bill them out for several hundred dollars an hour.
- curiousllama 6y agoYes, definitely some marketing there too. But there's a reason that even ex-consultants (who, presumably, would be "in on the secret" if it were empty marketing) pay for THEIR consultants to travel too. I may be wrong about the reasons, but I still believe the example of consulting - and entire industry built around paying a high cost to colocate - suggests a value to colocation.