Binance CEO Richard Teng argues that the company's remote-first approach is essential for operating effectively in the global crypto landscape. While many companies are reverting to in-office work post-COVID, Binance was designed as a remote organization from its inception in 2017, allowing it to serve users in over 100 countries without the overhead of physical offices. Research indicates that remote work boosts productivity and reduces turnover. Binance fosters a shared culture focusing on user-centricity and mutual respect despite the challenges of maintaining cohesion and managing time zone differences. The company emphasizes hiring self-motivated employees and providing them the necessary tools to succeed. Although remote-first may not suit all industries, it highlights a growing trend towards flexibility in the workplace, driven by the digital economy and the demand for a global talent pool. This model enables innovation and agility, positioning Binance as a leader in the future of work.

Source 🔗