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I suspect the whole Yahoo inspired debate about whether we work at home or at the office is taking us in the wrong direction.

Instead, I started thinking about what author Daniel Pink suggests in Drive. Discussing incentives, he says that once we are sufficiently paid at work, we need autonomy (directing our own lives), mastery (desire to get better and better at a task), and purpose (“yearning to do what we do in a service larger than ourselves”).

Pink’s ideas took me to Google’s NYC offices. Formerly a shipping complex, Google’s East Coast NYC headquarters occupies a full city block. Software engineers can design their own offices (see below), dogs can stay with their owners (below), and breakfast, lunch and dinner and snacks are free and taste good. During the workday, yoga is available as well as an occasional talk from people like Toni Morrison. Not quite your typical library, shelves open to reveal “secret” rooms and reading spaces. One hallway is lined with a Pacman arcade.

You see where this is going. The spirit and structure at Google generate the autonomy, mastery and purpose that inspire productivity. While Google employees can work at home or at work, most choose work.

But does Google have the only good answer to the home/work debate? Not necessarily. It all depends on the incentives.

A Google Office (photo credit: Marsten NY Times

A Google Office.(Photo Credit: Karsten Moran for the NY Times)

A Google Office (photo credit: Karsten Moran/NY Times)

A Google Office.(Photo Credit: Karsten Moran for the NY Times)

A Google Conference Area (photo credit: Karsten Moran/NY Times)

A Google Conference Area.(Photo Credit: Karsten Moran for the NY Times)

Sources and Resources: My description of Google’s NYC offices is based on a NY Times article, a slide show, and the Google website. To learn more about Daniel Pink’s ideas, his book is Drive: The Surprising Truth About What Motivates Us and he did a popular TED talk, but I thought his interview with Russ Roberts for Econtalk was my best source. Also, the first part of our econlife discussion of the Marissa Mayer Yahoo mandate to work at the office is here.

 

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Stork

Headline from CNN Money: “New Yahoo CEO Mayer is Pregnant”

  • 1992: The title of a male CEO’s speech that was reprinted in the Christian Science Monitor: “A Pregnant CEO: In Whose Lifetime?” (Implying the unlikelihood.)
  • 2012: From Marissa Mayer, new Yahoo CEO: Demonstrating no concern that she was pregnant, the Yahoo Board, ”…showed their evolved thinking.”
  • From The Atlantic: “What will be really, really fantastic is when someone like Mayer can be a pregnant CEO–rather than, you know, A Pregnant CEO.
  • From writer, Rebecca Traister: ”It is great that Marissa Mayer is pregnant, but the intensity of reaction is slightly depressing. Kind of as if they’d hired a yeti.”

 

In 1980, there were no female CEOs in the Fortune 100 list.

As of July 17, 2012, there were 20 female CEOs in the Fortune 500 list. Here are the top 10, the firm, the Fortune rank:

  1. Meg Whitman (HP #10);
  2. Virginia Rometty (IBM #19);
  3. Patricia A Woertz (Archer Daniels Midland Company #28);
  4. Indra Nooyi (Pepsico, Inc. #41)
  5. Angela F. Braly (WellPoint, Inc. #45)
  6. Irene B. Rosenfeld (Kraft Foods Inc. #50)
  7. Ellen J. Kullman (DuPont #72)
  8. Carol M. Meyrowitz (The TJX Companies, Inc. #125)
  9. Ursula M. Burns (Xerox Corporation #127)
  10. Sheri S. McCoy (Avon Products Inc. #234)

 

Where does all of this take us?

To optimizing all human capital…

“In general, the best clue to a nation’s growth and development potential is the status and role of women.” (from Harvard’s David Landes, The Wealth and Poverty of Nations, p. 413).

Catalyst is a good source for female CEO info, this NBER paper discusses the changing face of all CEOs, and here is the CS Monitor speech from 1992 on the dearth of female executives.

For more on Marissa Mayer, to get to know Yahoo’s new CEO, this list of 11 facts about her was fun to read and here is an Atlantic article and one from Salon.

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