During the pandemic, I’ve followed a number of articles and papers that discuss the potential impact if companies/institutions allow a substantial portion of their workers to continue to work from home. Among the suggested outcomes are that demand for commercial office space will shrink and people will move out of the cities since commuting time is no longer an issue.
In a well-written article published by the Fordham Institute, the National Center on Education and the Economy’s President Emeritus Marc Tucker writes about the dual workforce emerging in America after the pandemic.
It’s been a year since most U.S. colleges and businesses shifted to an online, study from home or work from home mode in order to reduce the spread of the COVID-19 virus. Our work and home lives were disrupted, and it’s safe to say that until the country reaches the herd immunity level, our disrupted state will continue.
I have mentioned in the past that I follow the writings of NYU Professor Scott Galloway in his blog, No Mercy/No Malice. I also reviewed his most recent book, "Post Corona." Last week, Professor Galloway posted an article titled “The Great Dispersion.” Some of the article repeated material from "Post Corona," particularly the point that the most enduring feature of the pandemic will be as an accelerant of existing trends. The trend that Professor Galloway cites as encapsulating the greatest reallocation of stakeholder value is “The Great Dispersion.”