The Power of Virtual Culture

11 Oct 2024 · 1 min

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In this segment of the talk, the speaker identifies the 2021‑2022 period as the "Great Resignation," noting an unprecedented wave of employee departures. While many attribute the exodus to generational traits, the speaker argues the primary driver was the rapid shift to virtual work, which stripped away workplace culture, community, and interpersonal chemistry. The core message for leaders is that to retain talent in a remote‑first world, they must deliberately build and nurture a virtual culture, and the speaker asserts this is both possible and essential.

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when you look at like 2021 and 2022, we coined this the year of the great resignation, right? Where more than historically anyone had ever left companies and people look back at that and they go, oh, those millennials or those Gen Z or whatever they wanted to place the blame on. The truth was that we had moved a lot of people into a virtual world and we had left culture and community and chemistry behind. And as a leader today, you want to retain at a high level, you better solve for creating a virtual culture, and you can do it.