I read an article recently about Best Buy called, "Smashing the Clock". The article states that Best Buy has totally rearranged how they work. The company used to be run by hard-nose executives that thought success only came about by hard work and long hours. Now they have reenergized the company with a so-called new experiment. They call this experiment, "ROWE". It stands for, "result-only work environment". They are not the first to come up with this idea, but they are the first to be successful at it. The whole idea is to give employees the freedom they deserve. They are not evaluated on how many hours they put in a day, but on their performance only. Some employees are able to work at home, or come in the office only for a few hours a day. The only thing that matters is that the job is done efficiently and effectively. Once the job is complete, the rest of the day is theirs to do what ever. How would it be?
Best Buy did not want to hit a plateau like most companies. The article stated that most large companies fail to grow with inflation because their employees fail to work as hard as before. They see their success and basically stop performing. This experiment has really worked for Best Buy. Since starting the experiment, the employees have become more productive and happier with their jobs. In return, Best Buy is not hitting a plateau, but are finding themselves more effecient. This is why they are the nation's leading electronic retailer. However, the question I find myself asking is "Will Best Buy's employees be able to continue to self motivate and how can Best Buy help them stay motivated?". Other companies have tried this before and failed.