Giving CEOs financial incentives seems to damage long-term profitability

Giving CEOs financial incentives seems to damage long-term profitability

IncentivesThe greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. More →

The weakness of purpose and the shift to problem-solving

The weakness of purpose and the shift to problem-solving

A man with purpose and a direct approach to problemsBlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. More →

People centric innovation will be key business priority in near future

People centric innovation will be key business priority in near future

InnovationThe pandemic has shaken up business priorities and many predict that it will continue to have lasting influence on the future direction of organisations. It is predicted that innovation and more compassionate leadership will take centre stage, according to a new study by ‘Future Trends in Leadership & Management – shifting priorities’, from The Institute of Leadership & Management. More →

The FM industry is held back by short-term thinking, research claims

The FM industry is held back by short-term thinking, research claims

FMResearch published by VINCI Facilities claims that there is a lack of long-term strategic thinking amongst FM service providers and their customers that is limiting an opportunity to yield substantial business and social benefits. More →

Increased revenue, savings and productivity from tech investments accelerated by COVID-19

Increased revenue, savings and productivity from tech investments accelerated by COVID-19

InvestmentsNearly seven in 10 business leaders and decision-makers say that investments in digital technologies in 2020 have enabled their organisations to increase revenue, save money and improve productivity, according to a new survey released by Randstad US. More →

Remote working blocks path to success for mid-size businesses

Remote working blocks path to success for mid-size businesses

Remote workingProductivity, morale and the ability to serve customers are being hamstrung by technology issues at European mid-size businesses, accordingly to research commissioned by Ricoh Europe. The research explores the remote working experience of 632 European office workers during the Coronavirus pandemic, at firms with between 250 and 999 employees. It claims that these companies are failing to adapt to the challenges of remote working, setting them up poorly for future success. More →

Freelancers stimulate entrepreneurship levels, claims research

Freelancers stimulate entrepreneurship levels, claims research

entrepreneurshipFreelancers actively promote entrepreneurship, claims research from Trinity Business School, suggesting that a 10 percent increase in freelancers within the workforce leads to a 1 percent increase in entrepreneurial activity in the economy. More →

Plans for 2 million sq. ft of offices in South East England

Plans for 2 million sq. ft of offices in South East England

developmentsThe Commercial Park Group, a partnership between Sir Robert McAlpine and the John Baker Group, has announced it will invest £200 million to kick-start developments of two million sq ft of new offices across locations in the south east of England. More →

IWFM announces new framework for delivering social value

IWFM announces new framework for delivering social value

social valueThe Institute of Workplace and Facilities Management (IWFM) has partnered with the Social Value Portal and National Social Value Taskforce to develop a new measurement framework for social value, designed specifically for the workplace and facilities management profession. More →

Businesses must face up to risks beyond the pandemic

Businesses must face up to risks beyond the pandemic

RisksThere’s no question what has occupied the majority of attention for risk managers during 2020. But Healix International, believes the all-consuming consequences of the pandemic could leave governments and employers exposed to other risks in 2021. More →

The great lesson of 2020 for small businesses is to be ready for anything

The great lesson of 2020 for small businesses is to be ready for anything

small businessesThe repercussions of Covid-19 for the small business community have been particularly ruinous. Recent figures paint a worrying picture, revealing that approximately 76,300 SMEs in London alone ceased operations completely as a direct result of the pandemic, with lockdowns costing from £30,000 to £75,000 for one in ten small businesses. As the most vulnerable business segment in the current crisis, SMEs needed the biggest support and, by the end of April, had already received over £4 billion via the government’s CBIL scheme. More →

Change like everyone is watching 

Change like everyone is watching 

At a time when we aren’t generally supposed to get within two metres of each other, depending on what the rules happen to be today (or part day), there’s a lot of embracing going on. Almost in some quarters as though it’s a resigned acceptance. You know the curve, with the part at the end where having denied it, got angry then depressed and reluctantly bargained with it, we finally get on with it. Which of course isn’t how anything happens at all. But that’s what us dedicate followers of Covid-era fashion are supposedly doing: embracing change.  More →