The billionaire business mogul says the vacation "non-policy" is in effect in his Virgin offices in the U.S. and U.K as mentioned on ABC News.
There is no longer such a thing as work-life balance. That is soon to be as antiquated at buggy whips. It’s about work-life integration. Our work and the rest of our life is becoming one. Technology and great workplace cultures are just a couple of the elements driving this integrated way of life.
How does unlimited vacation time sound to you? I’d like to say, get used to workplace ideas like this. It would be like asking someone who has never run before to run a 26.2 mile race tomorrow morning. To others, it would be effortless. It goes without saying there is a lot of training and preparation to run a marathon. If your culture has been prepared, unlimited vacation time would be possible while actually increase productivity.
Workplace culture comes first. Period. Leadership must communicate clearly the core values, the mission and the purpose of the organization. This starts the Why process to bring your vision to life. When people are aligned to the vision, what sounds like crazy workplace ideas end up being a run in the park. What’s the fitness level of your culture?
I just got back from the Small Giant's Summit that was held in Chicago. Leaders from around the world got together to share amazing ideas on how they have built great cultures.
The six qualities of Small Giants
LEADERSHIP -- Leaders know who they are, what they want out of business, and why. COMMUNITY -- Deeply rooted in the communities in which they do business. RELATIONSHIPS -- Maintains close, personal ties with customers and suppliers. CULTURE – Practices friendly and collaborative culture, based on caring for people in the totality of their lives. PASSION -- Leaders have a burning passion for what the company does. PROFIT -- Has a sound business model and takes care to protect its profitability without sacrificing culture.
There are more and more values-driven businesses out there with focused leaders that really buy in to building a company that believes success is more than just the bottom line. The best talent will eventually be working for places like this. Richard Branson recognizes that progressive programs such as unlimited vacation time is a means to providing great benefits to his employees. If you have an engaged workforce established, it is also part of the recruiting and retention strategy.