Search Results for: change

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. More →

Less than half of executives consider the impact of organisational change on people

Less than half of executives consider the impact of organisational change on people

A new poll from O.C. Tanner claims that less than half of UK leaders (47 per cent) take their employees into account when deciding to enact business-wide changes. And just 44 per cent of UK senior leaders seek employee opinions as changes are rolled-out. These are the findings from O.C. Tanner’s 2024 Global Culture Report which gathered data and insights from more than 42,000 employees, leaders, HR practitioners, and executives from 27 countries worldwide including 4,818 from the UK. More →

(As always) two-fifths of people say they are planning to change jobs this year

(As always) two-fifths of people say they are planning to change jobs this year

Nobody seems to be calling it The Great Resignation any more, but two-fifths (40 percent) of the UK workforce are planning to move jobs in 2024, with one in six already beginning their search as staff look to boost their pay packet, according to the latest Candidate Sentiment Survey statistics produced by recruitment firm Robert Half. The survey’s authors claim these statistics demonstrate the resilience of the labour market as more candidates look to capitalise on skills shortages to boost earnings. Those aged 18-34 are more likely to move roles than any other age group (56 percent). More →

Overwhelming majority of businesses say waste management is important to minimise climate change

Overwhelming majority of businesses say waste management is important to minimise climate change

over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate changeA new poll from waste management company Biffa suggests that over four-fifths (85 percent) of UK businesses believe that recycling and waste management are essential in minimising the effects of climate change. Moreover, almost 9 in 10 (88 percent) see waste management as central to being a sustainable business. The survey of over 1000 UK business decision-makers, conducted by YouGov, explored attitudes towards sustainability and the circular economy. The results showcase the clear importance placed on waste management in the battle to combat climate change. More →

We are not blank slates and we don’t adapt to change in predictable ways

We are not blank slates and we don’t adapt to change in predictable ways

An idea that has never really gone away, but which seems to be enjoying a new lease of life is the tabula rasa. The conception of people as a blank slate is something that has crept back into mainstream political and social thought for a variety of reasons. Arguably, it is also behind many of the most misleading notions about work and workplace design, perhaps most importantly that a change to some single element or characteristic of a working environment will lead to a specific outcome in the behaviour of people. More →

UK built environment is woefully under-prepared for climate change

UK built environment is woefully under-prepared for climate change

New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate.New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate. On five out of seven critical climate resilience priorities, UKGBC’s scorecard finds that the Government policies in its Third National Adaptation Programme (NAP3) are insufficient, flawed, or missing, placing millions of homes and buildings – and the lives of people occupying them – at serious risk of damage from climate-related disaster. More →

To agility and beyond: what NASA can teach us about strategic change

To agility and beyond: what NASA can teach us about strategic change

New research shows what NASA can teach organizations on strategic agilityA new research project from ESMT Berlin and Warwick Business School sets out to find what the history of NASA history can teach organisations about strategic agility, and how organisations can adapt their business models effectively to cater to external challenges. To shed light on how strategic agility is achieved, the study follows NASA’s successful shifts to three different strategic alignments over the past 60 years. More →

Reimagining the workplace: three keys to wellbeing, connection, and change

Reimagining the workplace: three keys to wellbeing, connection, and change

Herman Miller has introduce a new framework that helps organisations uncover the purpose of their workplaceMiller Knoll has introduced a new framework that helps organisations uncover the purpose of their workplace. The approach addresses the human needs of employees to improve their wellbeing, fosters a sense of community and connection, and helps organisations navigate, prepare, and design for change. The firm sets out its thinking here. More →

People from ‘Gen Z’ expect to change career at least three times during their working lives

People from ‘Gen Z’ expect to change career at least three times during their working lives

While 73 percent of people from 'Gen Z' are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of Gen Zs plan to quit their current job by 2025While 73 percent of people from ‘Gen Z’ are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of them plan to quit their current job by 2025, according to a new poll. Perceptions on careers and how often employees need to reskill and alter their career route has evolved significantly for the newest generation of workers, reveals the national survey of 2,000 working adults by Resource Solutions. The results suggest Gen Zs expect to change industries at least three times throughout their working life – once more than any other generation before them.  More →

Hybrid working and technology are key drivers of change for organisations, claims report

Hybrid working and technology are key drivers of change for organisations, claims report

A new CIPD report says that technology and hybrid working have had a significant impact on people professionals and organisationsThe latest findings from the CIPD’s People Profession 2023: UK and Ireland survey report, which surveyed 1,456 HR and workplace professionals across the UK, show that technology and hybrid working have had a significant impact on their roles and organisations. The report found that rapidly evolving technology, like generative AI, is having an impact on people teams as well as the wider business. Over half of UK people professionals, 55 percent, surveyed believe that advancing technology is transforming the way HR teams operate and deliver in their role.

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Is the Flexible Working Bill a game changer or paper tiger?

Is the Flexible Working Bill a game changer or paper tiger?

The need for more flexible working arrangements has been heard and employees are getting what they want – right? As LinkedIn data has shown, demand for work flexible working is high. And it outpaces the current availability of remote work offers. In the UK alone, listings for remote jobs have increased by 277 percent. Job postings for hybrid or remote positions received an increase in applications (189 percent) over in-office roles. People want to work remotely for various reasons. So they can live in their chosen home rather than in a tiny flat in London without sacrificing their career. So they can care for family – children, parents, grandparents. The demand for flexible work is driven by a desire for balance. The need has been clearly voiced – and the workforce is hungry for new modes of work. Looking at this background – the cheerful response to the passing of the bill is understandable. More →