Summary
In an interview with Fortune, Morgan Stanley CEO James Gorman expressed his belief that remote work is not sustainable in the long term and should not be an employee choice. Gorman argued that the lack of in-person collaboration and mentoring opportunities hinder the development of young employees and can negatively impact company culture. He also highlighted the importance of face-to-face interaction for building relationships and trust among team members. Gorman acknowledged that remote work has been successful during the pandemic, but he believes that it is not a viable option for the future. Instead, he envisions a hybrid model where employees spend a few days in the office and the rest working remotely. Gorman emphasized the need for HR leaders to carefully consider the implications of remote work on employee development, company culture, and collaboration. He suggested that organizations should prioritize in-person collaboration and mentoring opportunities to foster professional growth and maintain a strong company culture.
