The End Of 9-To-5: When Work Time Is Anytime

Excerpts from the article discussing a unique work schedule and work day structure:

Full article link: http://www.npr.org/templates/story/story.php?storyId=124705801&ft=1&f=100

"Hennepin County is practicing what's called a results-only work environment, or ROWE, which gives everyone in a company the freedom to do their job when and where they want, as long as the work gets done. The state of Minnesota signed a contract for the program last year as part of a campaign to reduce rush hour traffic on 35W in Minneapolis. Nationwide, 3 percent of businesses now say they have a ROWE, though as far as participants here in Hennepin County know, theirs is the first public agency to adopt it. Many are ecstatic at the way it's working so far."

"ROWE Basics:
Want the extreme flexibility in your workplace? Here are a few things to expect from a results-only work environment:
All meetings are optional. Read that again if you need time to absorb it. ROWE's creators insist on it, even though plenty of managers have backed out of the program when they learned of this. Staff are still responsible for what happens in meetings. They say if it's worth it, they'll come. But they also soon discover how many hours they'd previously wasted in unnecessary meetings.
Results have to be defined. When you can't judge someone's effectiveness by how many hours a day they show up, you are forced to look at what they produce. Managers and staff say they've had to jointly spell out explicit tasks or achievements and specific dates for them to be completed.
You must change the way you communicate. You may get more work done at home without all those office distractions, but if you need to communicate something, it's a lot easier when your colleague is in the next cubicle. Before the Human Services and Public Health Department of Hennepin County, in Minneapolis, Minn., launched ROWE, staff did a test run: They spent one day in the office pretending they were all working alone, communicating only via e-mail, instant messaging or phone.
Every day feels like Saturday. This is a favorite ROWE tenet, though it begs the questions: When does the work happen, and couldn't every day also feel like Monday? ROWE's creators point out that many of us are incredibly busy on weekends, but we feel more relaxed because we are in control of our schedule. So ROWE lets you set your schedule every day, fitting in laundry, conference calls and errands as needed."

What are your thoughts after reading this type of set up? Should we only be concerned with the final outcome?