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CEO Position Description The CEO is accountable to the Board of
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The Future of Work
and the DistributedOrganization
CEO Position Paper
Mark J. Barrenechea
OpenText CEO and CTO
1 The Future of Work and the Distributed OrganizationContents
Executive Summary
2Introduction: The Great Rethink and Modern Work
3 Industry 4.0, the Post-Pandemic Myth, and the Distributed Work Imperative 7 The Future of Work: New Competencies and Dynamic Cultures 9Ensuring Talent Thrives at the Edge
11New Tech for a Distributed World
14Conclusion
18 2Executive Summary
The pandemic has triggered a great rethink" in all aspects of life, especially in the way work happens. COVID-19 forced millions of people to work remotely, depend on virtual some employees working remotely on a permanent basis.New research from McKinsey indicates that:
20 to 25% of the workforces in advanced economies could work from home
between three and five days a week, a significant increase compared to pre-pandemic rates of remote work, and one that will alter the geography of work."30% of executives surveyed (in 2020) expected to reduce the footprint of their
firms" offices. Firms that succeed and excel in this new world will have established a distributed model of worknot just shifting to hybrid but building networks of virtual teams with the skills to adapt rapidly to the realities of a distributed world. Distributed workplaces will be exciting and transformative, built on a foundation of and purpose. The idea of the distributed workplace is not new. It traces its roots to ideas about networks and resilience that circulated during the Cold War. Much more recently, telework and then fully virtual workplaces created a demand for enabling technologyFRUQHURquotesdbs_dbs24.pdfusesText_30
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