A CEO enthusiast of remote work now says that while her employees meet deadlines, the team is less creative.
Sallie Krawcheck, CEO of remote company Ellevest, an investment and financial literacy platform for women, has kept her company fully remote since the pandemic. She has cited the benefits of greater flexibility for women, lower fixed costs, a larger pool of job candidates and greater productivity, CNBC reported.
“We’re hitting deadlines like never before,” she said during a recent CNBC Workforce Executive Council Summit. But she added that creativity has suffered. “Let’s have a Zoom to brainstorm? Not many people do it, and you can’t run into each other at the coffee machine when you’re on Zoom,” Krawcheck said. “We are more productive and we are less creative.”
Meanwhile, some employers like Google and Amazon are mandating their employees return to the office. Other critics of remote work are Goldman Sachs CEO David Solomon, Tesla CEO Elon Musk and JPMorgan CEO Jamie Dimon.