Office goers, says this column in The Economist, can be split into two groups. The first tribe are called FOMO: people who love meeting other people and who are haunted by the fear of missing out (FOMO) lest they don’t attend a meeting, a networking event or a business trip. The second tribe are called JOMO: people who like to sit at their desk and actually do some useful work and hate attending meetings/events/conference calls outside normal business hours. They actually enjoy spending time with their family. That’s the joy of missing out (JOMO).
In a well run company you need both tribes. The FOMO people run around looking busy, attending meetings are staring at Powerpoint presentations, emailing, videoconferencing and whatsapping like mad. The JOMO people sit at their desks and get the work done.
If you want to read our other published material, please visit https://marcellus.in/blog/
Note: the above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India as a provider of Portfolio Management Services. Marcellus Investment Managers is also regulated in the United States as an Investment Advisor.
Copyright © 2022 Marcellus Investment Managers Pvt Ltd, All rights reserved.