Any executive who has "lost control" of their business by allowing their employees to work from home is no more than the ring master of a runaway circus that they never actually controlled to begin with.

I've had the unfortunate displeasure of working for at least one company that made a full time job of keeping their employees under their thumb and I can say this much: the more you micromanage your workforce, the better your workforce becomes at professional time wasting. By that I mean finding creative ways to look very busy while achieving nothing of benefit to the organization.

But then again, much of the corporate world runs on incompetence so poor business decisions based on some executives feelings, rather than statistics, aren't exactly rare.