This report by the Future of Work Institute makes a strong case for flexibility by identifying 12 tangible benefits of flexible working, including six benefits addressing the changing business context - increased employee productivity, effective virtual teams, business continuity, reduced business travel, agile infrastructure - and those addressing the changing employee context, including increased engagement, greater retention, more senior women, the attraction and retention of senior executives, flexible retirement, and generational working styles. Flexible working arrangements allow companies to meet present and future challenges by creating choice, accommodating generations, enabling complexity, and creating agility. The report concludes by outlining four cultural and procedural barriers to flexible working, and suggests how each can be overcome.