• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
Successremote work

How a Neiman Marcus exec gets workers into the office without forcing them: ‘It’s a magnet, not a mandate’

By
Jane Thier
Jane Thier
Down Arrow Button Icon
By
Jane Thier
Jane Thier
Down Arrow Button Icon
January 10, 2024, 1:23 PM ET
Two businesswomen having a coffee break at the window in office
The key is making the office a place where people actually want to be, Eric Severson says. Oliver Rossi—Getty Images
Add Fortune on Google for similar content.

After filing for bankruptcy shortly into the pandemic—and emerging, guns blazing, three months later—leaders at Neiman Marcus Group (NMG) realized that in order to keep up with an entirely new way of working, drastic changes needed to be made. 

The first major change: a vast, permanent downsize of its corporate office space in the Dallas/Fort Worth area, from half a million square feet to about 100,000, with no plans to grow it back. 

The bankruptcy “allowed us to make some tough choices about what we wanted to do with our corporate real estate,” Eric Severson, NMG’s chief people and belonging officer, tells Fortune. Ditto for tough choices about its work model: The company officially became remote-first, allowing employees to work from anywhere, with no in-office requirement. 

The NMG office, which has been so carefully designed to appeal to workers who can drop in at their leisure, is “a magnet, not a mandate,” Severson says.  

Some may wonder why NMG even invested in an office at all if they can’t guarantee—by brute force—that it will be filled with people. But Severson takes a different perspective: The hubs are the inverse of a typical pre-pandemic office, which was mostly individual workstations, with small pockets of collaborative space. The Dallas hub has been retrofitted for 70% collaborative space and 30% individual space, a key balance. It can fit about 800 people at any given time, the Dallas Morning News reported, and while it has a wealth of offices and meeting rooms, no one—not even executive brass—has a permanent desk.

With shared-use spaces and connection spaces in ample supply, the idea is that “people will come together” at the Dallas hub because they want to, and it serves their needs, not because they’re required to. 

Productivity and choice are at the heart of the matter

Despite NMG’s salient approach, most companies nonetheless stick with mandates. Severson says it’s not so much because they’re doubtful it works, but rather that “inertia is a really powerful force,” and it’s easier to stay the same than to risk a major change. 

“Many companies have not necessarily done a great job of measuring outcomes related to initiatives,” he goes on. “I see CEO after CEO saying that they’re forcing you back into the office to improve collaboration and innovation. Not one I’ve seen has cited any statistical research or other proof that that’s true.” 

To be sure, the jury is still out on the real link between productivity and work location. While many workers insist they’re more productive at home, others admit they accomplish more at the office. And while some amount of worker-led flexibility is roundly considered the best approach, each team is different, and most U.S. companies are still struggling to land somewhere everyone is happy with. 

The unfortunate state of affairs, even nearly four years into the work-from-home revolution, is that every side has its points—and some requisite data to rely on.

As for NMG, its remote-first policy, with a bottom-up work-from-anywhere mentality, has directly led to 34% improvement in employee engagement and 31% improvement in time to hire for new roles, Severson tells Fortune.

“People have known for many years that flexibility has been a top attraction and retention driver,” says Severson, a former HR chief at Gap Inc. “Especially in corporate marketplaces, two factors create work-life stress and attrition: high cost of living and long commute times.” Look no further than super commuters and inflation to see both of those still happening. Any effort on the employer’s part to ameliorate these forces would undoubtedly be popular.

And at NMG, they are, Severson says, with no dampened productivity to speak of. “As someone who’s been doing this for 32 years, and worked before email or videoconferencing, some of the best leaders with the most creative, highly engaged, productive teams managed fully remote teams,” he says, naming examples like regional directors or store managers in markets across multiple states. “You’d see many of them once a month, and they were some of our very best leaders.” 

He encourages any intransigent, pro-office companies—maybe those which, like NMG, have poured millions into physical office space—to put aside their assumptions and test-drive flexibility. “The academic research is unequivocal on this subject. There’s no impact on productivity, and a big increase in happiness,” he says. “Happiness can be measured by engagement, which improves with flexibility and remote options.”

There’s also the matter of avoiding proximity bias. “If you’re designing a work-from-anywhere concept, you need to ensure there’s equity in the system so people co-located near the corporate hub don’t get undue attention or preference,” he says. “No office participation required.” 

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Jane Thier
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

bang
SuccessBangladesh
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains
By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026
12 hours ago
haley
PoliticsElections
Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else
By Joey Cappelletti and The Associated PressJuly 19, 2026
12 hours ago
Andrew McAfee
SuccessCareers
MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce
By Preston ForeJuly 19, 2026
14 hours ago
Real estate agent shows middle class home
SuccessHousing
Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
By Emma BurleighJuly 19, 2026
17 hours ago
jt
CommentaryRetirement
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
By Jeanne ThompsonJuly 19, 2026
18 hours ago
biden
CommentaryLeadership
Ginsburg and Biden’s blind spot: when leaders don’t know when to leave
By Michael SonnenfeldtJuly 19, 2026
18 hours ago

Most Popular

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
1 day ago
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
By Aaron Walayat and The ConversationJuly 19, 2026
19 hours ago
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
Commentary
Indeed chief economist: Aging Baby Boomers are America's real labor problem, not AI
By Svenja GudellJuly 18, 2026
2 days ago
Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight
Middle East
Iran just crossed Trump's red line for resuming all-out war as fighting continues to escalate with no end in sight
By Jason MaJuly 18, 2026
1 day ago
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war
Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war
By Sasha RogelbergJuly 17, 2026
3 days ago
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Success
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
By Preston ForeJuly 19, 2026
20 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.