Thanks Hrishikesh, for adding this topic to the sidebar. Would like to share my views on this :)
Last week, Dropbox announced that it will become a “Virtual First” company, explicitly choosing against a hybrid setup. This means that its employees will work remotely primarily, but will occasionally go to offices for more collaborative and team-building work.
As remote working transformed the way people work, companies are coming up with various models and this by far seems to be the most practical one.
• One of the biggest drawbacks of the hybrid model is that it results in two very different employee experiences that could result in issues with things like inclusion or inequity. As many industry leaders including Sid say that the hybrid model offers the worst of both the worlds in this famous article.
• Plus, the office economy is worth trillions of dollars and with the entire world switching to remote, it creates a ripple effect that devastates business that depends on office workers. By going virtual first, these businesses can get a breathing space to recoup and adapt to the current scenario.
• The shift to remote working has also rendered co-working spaces obsolete with startups and small companies ending their leases earlier, citing remote work. But with the virtual first model, remote companies can use co-working spaces for things like strategy setting, team building, and community events. Co-working companies will likely adopt a ‘Dropbox Studios’ model by removing individual desks and creating more space for collaboration.
Keen to hear the clan’s thoughts on the 'Virtual First' model?