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a) Steven Davis, a professor at the University of Chicago Booth School of Business, stated that the companies will decide their stand on the hybrid
a) Steven Davis, a professor at the University of Chicago Booth School of Business, stated that the companies will decide their stand on the hybrid work while employees have to sort themselves based on their preference. Identify TWO (2) types of conflict that can arise from the situation discussed. Provide the definition of each type of conflict.
A lack of diversity The problem is that older workers, women, and workers of color have expressed stronger preferences to work from home or in a hybrid setup. That means companies that require their employees to commute into the office full time may end up lacking diversity on their teams. A recent Axios-Harris Poll survey found that 52% of women say they enjoy working remotely and would like to do so in the long term, compared with 41% of men. About 15% of women say working in person allows for more camaraderie among colleagues, compared with 25% of men, and 52% of Black workers and 50% of women say working from home is better than working in the office when it comes to advancing in their careers, compared with 42% of men. A shortage of childcare workers in the United States is also weighing on women who are unable to return to find the affordable caretakers they need to enable them to return to the office, said lleen DeVault, professor of Jabor, history at the School of Industrial and Labor Relations at Cornell University, "If you let everybody choose what they want to do, it looks like women and minority group members will spend less time on the worksite than men and white employees," said Davis. "People seem to like the workplace less when they are in a distinct minority. And it's not just about gender, race, and ethnicity. It also shows up with respect to political persuasion, and religious beliefs." This could make the workplace "an even less minority-friendly place." he said. "Individual worksites might become more homogeneous." Just 5% of Goldman Sachs managing director class are Black, and 30% of the class are women, CEO David Solomon reported in his 2021 annual report and shareholder letter. The class is the most diverse to date but "we still have much work to do to build and retain a pipeline of diverse leadership," he said, noting that the company was hiring additional diversity recruiters and expanding sponsorship and development programs for diverse talent. The bottom line Wall Street has long been considered a pacesetter for US policy and corporate culture at large, and it appears that Washington is echoing the calls of David Solomon, James Gorman, and Bank of America CEO Brian Moynihan. "Because of the progress we've made fighting Covid-19, Americans can not only get back to work, but they can go to the office and safely fill our great downtown cities again," President Joe Biden announced in his State of the Union address. But a growing number of Big Tech companies including Facebook, Twitter, and Slack have already made remote work their permanent norm. Apple and Google are embracing hybrid models, for now. Management consulting company McKinsey has called this change a once- in-a-generation reimagining of work but warned that it would take years of experimentation to find the right calibration. "If you let everybody choose what they want to do, it looks like women and minority group members will spend less time on the worksite than men and white employees," said Davis. "People seem to like the workplace less when they are in a distinct minority. And it's not just about gender, race, and ethnicity. It also shows up with respect to political persuasion, and religious beliefs." This could make the workplace "an even less minority-friendly place." he said. "Individual worksites might become more homogeneous." Just 5% of Goldman Sachs managing director class are Black, and 30% of the class are women, CEO David Solomon reported in his 2021 annual report and shareholder letter. The class is the most diverse to date but "we still have much work to do to build and retain aStep by Step Solution
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