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Fink Laments Eroding Corporate Culture in Work-at-Home Era

  • BlackRock CEO worries about loss of big ideas at water cooler
  • Predicts not all workers will return to office after pandemic
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Fink Worries About Loss of 'Water Cooler Moments' at Work
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BlackRock Inc. Chief Executive Officer Larry Fink said he worries that working remotely results in a lack of productivity and collaboration.

“The most difficult issue for all of us is retention of a culture,” Fink said Thursday during a virtual conference hosted by Morningstar Inc. “Cultures were not meant to be done in a remote fashion.”