Search
Close this search box.
Search
Close this search box.

To Court Millennial CEOs,
the Open Office May Have to Die

There's been plenty written in recent years about the potential drawbacks of open offices: they're distracting and can crimp employee productivity. On the other hand, they're also a cheaper way to house dozens of employees and give slackers few places to hide—especially when combined with some bright lighting.

istock-505046041-compressorThat’s probably why some 70% of Americans work in offices with open floor plans, according to the American Facilities Management Association.

But if businesses want to attract the CEOs of the future, they may want to consider erecting a few walls.

Nonprofit research group the Conference Board and consultancies RW2 Enterprises and DDI wanted to know more about the predilections of young business leaders. They worked with 14 American organizations to prepare a new report: Divergent Views/Common Ground: the Leadership Perspectives of C-Suite Executives and Millennial Leaders.

“Though millennial leaders embrace team-oriented work environments … they think excessive openness generates distraction and makes privacy and concentration virtually impossible.

Among various other findings, they discovered that young leaders placed less value on excessively open work spaces than older CEOs perceived they did.

“Though millennial leaders embrace team-oriented work environments … they think excessive openness generates distraction and makes privacy and concentration virtually impossible,” the report’s authors said.

They also discovered that millennial leaders placed a higher value on interpersonal skills and emotional intelligence than their more senior counterparts, who were more likely to value critical thinking, business know-how and managing stakeholders.

If an office space is already complete, they recommend offering flexibility in the way millennials get their work done. This could mean using open spaces for team collaboration sessions but reserving enclosed rooms to offer them some privacy. “Setting clear expectations around performance can enable employees to be accountable for how their works gets done,” they said.

Companies embracing such initiatives, however, may be left hoping for a bounce in millennial productivity to cover any related rise in overheads.

A study published in 2010 by Leeds University in England found higher office densities allowed for “substantial savings” in either rental, land or build costs and lower heating, ventilation and security charges.


MORE LIKE THIS

  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events

    Roundtable

    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)

     

    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.