Remote Work Is Fine The Real Thing Scaring CEOs Hybrid Work
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With a global community of donors whoâve raised over $15 billion, GoFundMe pays close attention to what helps people feel comfortable seeking assistance.
That also happens to be one of CEO Tim Cadoganâs missions within the company: Communicating that itâs okay to ask for help. When Cadogan joined the for-profit crowdfunding platform in March 2020, for instance, he sought out key employees who could help him understand important aspects of the business. âI was asking people to create a bit of time, even while things were very, very busy, to educate me,â he says. âReally the main thing youâre trying to do, as in so many aspects of life, is youâre trying to build a relationship of trust. Thatâs something that we do in our personal lives.â
Cadogan, a former McKinsey consultant who led ad-tech provider OpenX as chief executive for close to a dozen years, started at GoFundMe just days before the WHO labeled COVID-19 a global pandemic. Activity on the platform was hitting new heights as increasing numbers of people looked for help to pay for food, rent, and medical bills. Then came the summer of 2020, when GoFundMe set a record for its highest number of donations in a single campaign: More than 500,000 people raised close to $15 million for the Official George Floyd Memorial Fund.
As part of a recent TIME co-sponsored Charter Workplace Summit, I spoke to Cadogan about his thoughts on shaping social impact, leading teams in a remote environment and his worries about the new era of hybrid work.
(This interview has been condensed and edited for clarity.)
You joined GoFundMe at a very interesting time: March of 2020, as the pandemic was changing everything about work. How has that transition been for you?We had to transition very quickly, and by the end of my first week, we said, âWeâre going to go to fully distributed.â I have to say that for a company like ours, where primarily weâre doing knowledge work, it was difficult, but I just want to note that itâs nowhere near as difficult as the situation of people who still had to work in a physical environmentâ"which is many, many people in our economy. And while we were making that transition in the way that we worked, there was a big transition happening in terms of the use of our platform.
Our job was: Letâs figure out as fast as possible, how do we get used to working together in this new way? How do we help the large increase in people who need help, who are using our platform, to ask for that? And so, in a way, our internal challenges fell to the background. It was pretty much: Figure it out, because there are people who are facing situations far worse than us having to work in a room that isnât configured very well for wifi. And thatâs what we did. Sometimes you just have to just do it, and we did. We worked out pretty quickly how to take care of folks as they were flooding into the platform.
And to navigate that time personally, Iâm wondering whether you learned anything new about how you manage people and processes?Definitely did. I mean, I think it really is the classic of being very adaptable. I found it intimidating to learn a completely new business. I came from a very different sector, so I needed to learn a new business, a new company, a new set of people at a time in which the usage of that product and system was going up massively. So it was a lot of learning. And one thing I had done before I joined the company is I laid out what I call an open-source learning curriculum, which is basically a whole set of topics that I wanted the experts at the company to teach me. I would be the student and they would teach me. And of course, part of my plan was they would do that in person, so I would get to know people as well as learning from their expertise about the company.
Then we had to shift to a virtual mechanism, but it was a good way of getting to know people in this new way in somewhat smaller groups. And it sort of shifted the power dynamic as well. Itâs like, look, Iâm the student, you know what youâre doing, help me understand what you do, how it works, what challenges you faced and how maybe I can help.
The other thing we talked about was learning to do the things that you knew you would have to do, but in a completely new way. For example, Iâm starting to change some elements of the organization. Typically when you do that in a company, you take the time to get to know people, you identify the issues you have to work on, and then you work through those situations in a room where you can kind of read peopleâs body language. You can understand whatâs setting them off, and navigate that using both verbal communication and nonverbal communication, which is incredibly important for humans.
This format isnât so great at nonverbal communication. It meant that I found you had to go a bit slower, and you had to communicate more clearly and more explicitly than ever before. And I actually think thatâs a benefit.
Were there any other things you did to root yourself into the culture?A couple of things. I mean, really the main thing youâre trying to do, as in so many aspects of life, is youâre trying to build a relationship of trust. Doing a weekly town hall, which was much more than weâd done before. It was just a chance to be together and to talk through whatever was hot that week. Normally I would have done a more traditional once a month. And then just setting up a lot of these introductory meetings as Iâm here to learn.
And then, how can I help? Versus, I need you to do this. So adjusting the approach and the tone and positioning any of the folks in leadership has had. Because again, not only were we dealing with a difference in how we worked, but also everyone was dealing with a lot of emotional stress. This is a pandemic. Whatâs going to happen? Am I going to get sick? All of these things are going on in peopleâs lives. So we got very flexible. If youâre a parent and you had particularly smaller kids, where itâs much tougher to navigate their schooling at home, just do what you need to do. We quickly created a set of policies that addressed and accommodated the very unusual and stressful situation with people.
Something a lot of people are contemplating now is going back to the office. How are you preparing your team for it? And how are you doing that globally?Yeah, we do. Just so people know, we have offices in San Diego, LA, in the bay area, but also in Dublin. We also have team members in the UK, Germany, Australia. Weâre running 19 markets.
First, the fundamentals in terms of safety. Several months ago we made it clear that if you wanted to come back to work you needed to be vaccinated in the U.S. So thatâs in place. There are also a set of tools that weâve put in place that we are not yet using, cause weâre not yet back to the physical work environment, that will allow you to check in, to give a health status, and to reserve desks.
Weâre going to be a little bit more fluid with the team. What Iâm candidly more worried about is, people call it âgoing back to work,â which is not what it is. Itâs not really going back. I think we are going forward to something that is different from anything weâve seen to date, which is a hybrid work environment. I donât think weâre ever, probably, going back to that situation where everyoneâs in the office every day, five days a week. I just donât see that, not least because weâve had, and Iâm sure many other companies have had, a bunch of people move to other places.
So Iâm actually quite worried about how weâre going to navigate to a hybrid environment. Itâs going to get a lot more complicated. This situation where everyone has got one screen, in a sense, itâs been a great leveler. Everyoneâs got a screen, everyoneâs on the same playing field. Going to a world where there are three people in the room, two people on a call. Itâs going to be pretty difficult trying to find that right balance. And I think itâs going to take a lot of experimentation as to what are the best communication methods. What are the sort of clear three or four rules that youâll have to adopt to make sure that everyone is an equal participant in the conversation? And I donât know the answer to that yet. Weâve got a bunch of ideas. One is like one screen, one person. You know, even if youâre in the room, you have your own screen. But Iâm anxious about it because I think itâs going to be in some ways more challenging than the move to 100% remote where everyone was in the same situation.
Youâve said your management style is very much one where itâs okay to ask for help. How do you do that?We have drafted a distributed work playbook, which we continue to update, which is sort of, these are our thoughts on how weâre going to work together, how weâre going to pull this off. But we have shared very clearly, as we go back to work, which weâre hoping is early in the new year, that itâs going to be an experiment for the first little bit. And in fact, weâve asked different teams, hey, if you want to try working this way, please try that and then tell everybody else and weâll sort of report it back out. How did it go? What was good about that way of communicating and what wasnât so good? And hopefully weâre going a few different groups, doing things in different ways.
So itâs just being open to the fact that weâve got to figure this out together. We donât have all the answers, we have some directions and letâs work the problem.
A large portion of workers now expect CEOs and companies to take a stance on social and political issues. How does that affect how you manage these days, how you think about your role and the companyâs role in society? Are there examples of political stances youâve wrestled with recently?Look, GoFundMe is a social impact system, right? What we do is, we enable people to ask for help and to give help. Inherently, what we do has social impact and social value. I think thatâs a driving reason why every single person who comes to work at GoFundMe does that. So it is perhaps a little bit different than some companies that do something and then want to also have a social impact they sort of wrap around what they do. In our case, thatâs the point of the company.
So what that also leads to is, we can see within our community, what are people asking for help for? And that generally guides us as to what else can we do to provide help and support and maybe amplify those issues? Earlier this year, unsurprisingly, during the third or the fourth wave of COVID in the winter, we saw a real uptick in campaigns related to all the dimensions of COVID. It was pretty clear that a lot of people were suffering. At that point, Congress was debating how much relief do we put into the economy to help people that are struggling with all these consequences. And so it makes sense for us to put our hand up and say, hereâs the data that weâre seeing, and could you please take action and get help to people? Which I view as a pretty simple thing.
Also, quite a lot of the fundraisers on GoFundMe are related to medical expenses. And as a lot of people know, in the U.S. medical expenses are very high and a lot of people donât have adequate coverage. So we have done a number of things just this year to help people avail themselves of the Affordable Care Act. There was a special open enrollment period earlier this year, and we advertised that on our home page, encouraging people to go and get themselves coverage. And in fact, we just recently in the last couple of weeks sent emails to people who would organize medical fundraisers, to be aware that the standard opener role period for the ACA is now open.
We saw a series of fundraisers around this horrific spate of AAPI attacks, particularly on elderly Asian people. And so we enabled those fundraisers, but we also put together the AAPI fund, which has raised about $7 billion. And that runs through a sister organization of ours called GoFundMe.org that grants out funds to local charities that are helping with various aspects of AAPI support.
Where do you think the future of work is headed? What do you want other CEOs to know?Stay nimble. Itâs very simple. More and more people want very clear purpose on what theyâre working on, and then they want flexibility in how they go about that work. As an employer, if youâre providing clear purpose and youâre giving people the support and the means to be effective, people can work in all kinds of ways we donât expect. Put those two things together and you create a great opportunity for people to do the best work of their lives, which I think is what people are looking for.
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