Jul 9, 2021
Okay, sit up. I know you’re on the couch. You’re probably wearing the lululemon joggers whose extreme comfort you discovered during lockdown and bought a few pairs. Don’t worry about fixing your hair, it’s fine for now. I just need your attention, not your appearance. It’s been kind of nice working from home like this. But restrictions are easing and people are being asked to return to work. Somewhere between your lulu joggers and the office, a debate is brewing about both culture and productivity, which is what we’re going to discuss.
Corporate culture isn’t just about “take your kid to work day” and who does their face painting. It’s not retreats and falling backwards, trusting your coworkers will catch you. Corporate culture might include those things, but it’s more than that. It includes work ethic. It encompasses how you interact with customers. It involves interoffice communication. Sure, you can write up a mission statement that attempts to summarize culture, but it extends beyond words. Corporate culture is the DNA of an organization and just like your DNA or mine, we get it from others. We get it from our parents in life and senior leadership at the office.
Leaders lead by example. In sports, it’s Michael Jordan managing 55 points in the 1997 NBA Finals “flu game.” It’s Willis Reed walking back out on the court with a bad knee. It’s being available to customers and employees when you’re needed. Culture is birthed from top leadership and most visible when shit hits the fan, ala 2020.
The CEO who checks out at noon to get in 18 holes can’t expect productivity from those still in the office. If leadership uses phrases like, top of mind, leveraging synergies or any of the other idiotic sounding MBA invented phrases, then employees will speak in idiotic phrases, too. But if the CEO is someone that works around the clock, is relatable to the rest of the employees, speaks English and projects a positive attitude, then those traits become a part of the DNA of a company.
There are some jobs that simply cannot be done remotely. It’s tough to do construction work from home. Surgery is probably another good example of something you don’t want done at home. But as we become more and more of a service based economy, where work is done pecking away at a keyboard, the place from which that keyboard is pecked becomes less and less important. If the culture of the company has been effectively established by leadership, then where workers work shouldn’t matter.
Maybe I’m partial in this debate because I’m a bit of a nomad. I spend much of my time on the road. But each week I show up for my podcast with Tom thanks to internet connectivity. I collaborate on these blog posts thanks to Google. I share snippets of information on Twitter. Instead of working 9-5, I now work more hours than ever before because I’m not tied down to resources only available in an office.
So order another pair of those joggers. Don’t shower today if you don’t want. Just plug in, log on and work like a responsible adult.
Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.
tastytrade content is provided solely by tastytrade, Inc. (“tastytrade”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, transaction or investment strategy is suitable for any person. Trading securities can involve high risk and the loss of any funds invested. tastytrade, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastytrade is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparison, statistics, or other technical data, if applicable, will be supplied upon request. tastytrade is not a licensed financial advisor, registered investment advisor, or a registered broker-dealer. Options, futures and futures options are not suitable for all investors. Prior to trading securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options found on tastyworks.com.
tastytrade is a trademark/servicemark owned by tastytrade.
tastyworks, Inc. ("tastyworks") is a registered broker-dealer and member of FINRA, NFA and SIPC. tastyworks offers self-directed brokerage accounts to its customers. tastyworks does not give financial or trading advice nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastyworks’ systems, services or products. tastyworks is a wholly owned subsidiary of tastytrade, Inc (“tastytrade”).
tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with tastytrade (“Marketing Agent”) whereby tastyworks pays compensation to Marketing Agent to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastyworks. tastytrade is the parent company of tastyworks. tastyworks and Marketing Agent are separate entities with their own products and services. tastytrade has different privacy policies than tastyworks.
Quiet Foundation, Inc. (“Quiet Foundation”) is a wholly-owned subsidiary of tastytrade The information on quietfoundation.com is intended for U.S. residents only. All investing involves the risk of loss. Past performance is not a guarantee of future results. Quiet Foundation does not make suitability determinations, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation’s systems, services or products.