A new model of competitiveness devised by academics at Goldsmiths, University of London in partnership with Microsoft scores almost half (46 percent) of UK firms in the lowest quadrant, posing a threat to Britain’s prosperity as organisations rally from the impact of COVID-19, and prepare for Brexit as UK-EU negotiations reach their conclusion that such uncompetitive companies pose a serious threat to the country’s future prosperity . More →

Businesses in the UK are disproportionately made up of logical and rational thinkers, over intuitive and expressive ones, claims a new study. The study from Genius You, involved more than 2000 individuals across 10 different sectors and highlights a trend that could be impacting creativity and innovation in the UK. More →

New data released by facilities services provider phs Group claims one in 20 premises remain closed after 43 percent were shut down during the coronavirus lockdown. In London, the impact is even more pronounced with the city failing to attract people back in the aftermath of stringent COVID-19 lockdown measures. More →

High-status political figures and senior executives are only influential if their own ideologies are seen as mainstream and not too extreme, claims new research from business school ESMT Berlin. Those with high-status in an organisation have greater influence, making it easier for them to get their ideas and initiatives adopted by the organisation. Their views often carry greater weight due to the greater attention paid to them, the higher likelihood they are seen in a positive light, and the strong support networks around their ideas. More →

What impact is COVID-19 having on business confidence? And what recovery strategies are companies prioritising in response to the pandemic? Recruitment company Robert Half recently surveyed more than 1,500 executives to understand how they are responding to this ongoing period of unprecedented economic change. More →

Nearly a fifth (17 percent) of CEOs are largely unsuited to the companies they lead, according to new research from academics at Imperial College Business School, Harvard Business School, Columbia University and the London School of Economics. The paper, CEO Behavior and Firm Performance, is based on an analysis of the leadership behaviour of 1,100 CEOs based on their daily schedules. More →

Nearly all organisations (93 percent) say that growing and managing their employee base in new countries limits their international expansion to some degree, with more than one in ten (12 percent) stating that it limits their expansion completely. This is according to the HR Challenges of International Expansion report (registration) by the Economist Intelligence Unit (EIU), commissioned by ADP. More →

Accountants are wary about the impact that the government’s IR35 off-payroll tax reforms will have on the UK’s contracting industry and would like to see them repealed altogether, a new survey claims. According to research by FreeAgent, an accounting software provider, 95 percent of UK accountants believe that the reforms will have a negative impact on the UK’s contracting industry when they are implemented in April this year and call for them to be scrapped.

• 84 percent call for private sector “off-payroll” reforms to be abolished
• 95 percent believe IR35 will negatively impact UK’s contracting industry More →

The negative impact that poor interpersonal skills can have on growing companies has been highlighted by a new survey of 500 small business owners. The research by Tempo suggests the main effects of bad people skills in the workplace are losing a client or customer, receiving complaints from co-workers and a decrease in productivity, each of which was cited by about a third of respondents.

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Three quarters of organisations say access to market opportunities is their key motivation for international expansion, according to a report. Businesses also named access to specialist skills as one of the main factors that influence their international growth ambitions (cited by 67 percent), alongside proximity to suppliers and resources (66 percent) and access to affordable labour (55 percent). More →

With less than a month to go before the government sets out its economic predictions in its first spring budget, new research points to a 30 percent increase in people planning to start a business or register as self-employed this year. With 1.4 million new limited company or self-employed registrations in 2019, 2020 could see that rise to as many as 1.8 million new registrations, Intuit QuickBooks, which commissioned the research, claims. More →