In fact a Cornell University study at 320 small businesses revealed that businesses offering autonomous work environments grew at four times the rate and had one-third the turnover of those firms with a control-oriented management structure.
One of the first successful examples of this is the Results Only Work Environment (ROWE™ ) strategy created by Jody Thompson and Cali Ressler at Best Buy. Staff show up when they want. They work the hours that best suit when they are most productive and what fits with their personal lives. If somebody arrives at 10am and then leaves at 3pm to take their kids to soccer practice, nobody bats an eyelid… So long as the work gets done.
“When you get to take over your own life and feel responsible for yourself and your work, you feel proud and liberated and dignified.” Jody Thompson, Best Buy
Independent scholarly research found that ROWE™ increases productivity, employee well-being and work-life balance, transforming staff relationships with each other to one based on trust, accountability and results while decreasing attrition. At Best Buy, the approach produced $2.2 million in savings over three years according to the CultureRX website.
Practical steps towards creating a Results Only Work Environment (ROWE™) from Thompson and Cali:
- Have frequent informal performance conversations rather than annual reviews
- Maintain accountability and responsibility, focusing on work accomplished, not hours worked. Let go of the 40-hour work week mentality: productivity is the new currency.
- See work as something staff do, not somewhere they go. They will work best if they can work where and when they are most productive.
- Let staff devise their own approach to solving problems and be responsible for the outcome.
- The customer / client is at the centre of all decisions.
- No results, no job.
We all have different times and places where we know we perform best and nobody likes being closely managed. As business leaders, the need for autonomy may be a significant reason for why you chose to start your own business!
Fulfilling this need within your own staff will help you get the best performance for your business while maintaining a motivated and loyal team.