Is there ever a genuinely good or bad time for change?

Is there ever a genuinely good or bad time for change?

by • Business, Comment, JB

There are two questions that seem to plague quite a lot of people:  is there a good or bad time for change and is there a good or bad change?There are two questions, regarding change, that seem to plague quite a lot of people:  “is there a good or bad time for change and is there a good or bad change?” Now it may seem the answers would be quite straight forward, but probably as no surprise the actual answer is “it all depends”. That is because change is about people and we all know there is no formula for people, so it is impossible to give a formulaic, straight forward answer. More →

Narcissistic leaders cause employees undue stress in crisis situations

Narcissistic leaders cause employees undue stress in crisis situations

by • Business, News, Wellbeing, Workplace

Vulnerable narcissistic leaders are especially likely to make employees irritated during crisis situations, reveals new research from NEOMA Business School. Birgit Schyns, Distinguished Professor of People & Organisations at NEOMA, and co-authors analysed survey data on workers in the UK education sector during the COVID-19 pandemic. Respondents reported their levels of irritation and Coronavirus-related worry in five weekly surveys, as well as their experiences with vulnerable narcissistic leadership – an unstable form of leadership characterised by covert feelings of entitlement. More →

Passionate firms make more progress in teamwork, research finds

Passionate firms make more progress in teamwork, research finds

by • Business, News

Passionate firms perform higher in terms of team progress, regardless of whether that passion is focused on one or multiple team activities, finds new researchPassionate firms perform higher in terms of team progress, regardless of whether that passion is focused on one or multiple team activities, finds new research from Aalto University School of Business. According to Associate Professor Ewald Kibler, Head of the Entrepreneurship Unit at Aalto, and postdoctoral researcher Bernadetta A. Ginting-Szczesny, team entrepreneurial passion (TEP) plays an important role in business ventures as it can positively impact team outcomes and venture performance. Analysing survey data on 326 individuals from 107 teams at Finnish SMEs, they suggest having a shared passion helps teams work together toward a common goal while maintaining focus and motivation. More →

People who drive networking in businesses often end up burnt out and abusive

People who drive networking in businesses often end up burnt out and abusive

by • Business, News, Wellbeing

People who adopt a role as a 'networking broker', connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers.People who adopt a role as a ‘network broker’, connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers. That is the key finding of a new study from ESSEC Business School published in The Journal of Organizational Science.  These networking go-betweens often receive career advantages such as faster promotions, unique information access, or a creativity boost. They play a critical role in the functioning of the organisational. However, there can be hidden psychological and social ramifications associated with this important role as they’re also more likely to suffer the consequences of being so socially adept. More →

Half of traditional non-tech firms now consider themselves tech firms

Half of traditional non-tech firms now consider themselves tech firms

by • Business, News, Technology, Workplace

Nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth.The pandemic years forced traditional industries to digitise their operations at speed, but three years on, non-tech enterprises across the UK – from sectors including finance, advertising, manufacturing and more – are actively embracing the ‘tech mindset’ more than ever, according to a new report. The poll from Pendo [registration], claims that nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth. More →

Understanding the power of mindset and what it can do for you

Understanding the power of mindset and what it can do for you

by • Business, Comment, Wellbeing, Workplace

Understanding mindset, its power, and how to change it, can be transformative on both an individual and team level.An individual’s mindset influences everything that they do. Built around a set of established values, beliefs, and attitudes, your mindset frames your outlook and guides your behaviour, demarking your perceived limitations. It’s something that influences every area of our lives, from the relationships we form to the way we approach challenges and change. When you’re working with people, implementing policies, and trying to get the best from your available talent, it’s vital that you understand what motivates your team members – and what’s holding them back. Understanding mindset, its power, and how to change it, can be transformative on both an individual and team level. More →

Men and women hide what they know from colleagues in different ways

Men and women hide what they know from colleagues in different ways

by • Business, News

Men and women exhibit different behaviours in the ways they hide what they know at work, according to new research from academics at the UCL Global Business School for Health (UCL GBSH). The findings, published in the Journal of Occupational and Organizational Psychology, suggest men feel more entitled than women to conceal their knowledge: they hide it more often than women, specifically through rationalised hiding, while women use evasive hiding and playing dumb. Men also conceal knowledge more frequently in a female-dominated environment and are more likely to use the same methods as women, since they believe that women will sanction them less than men for this behaviour. More →

It’s best to get the unpleasant tasks done in one go, new research claims

It’s best to get the unpleasant tasks done in one go, new research claims

by • Business, News

A recently published study shows that on days when you face high work demands, you may want to just push through and do unpleasant tasks one after anotherMost jobs involve tasks we don’t like. But should we complete these unpleasant tasks in one fell swoop or split them up into bite-sized portions and spread them out over time? According to new research from Trinity Business School, WHU – Otto Beisheim School of Management and the University of Wuppertal, it is actually a good idea to do the tasks you don’t like in one go. More →

People have to create great leadership in the face of unrealistic expectations

People have to create great leadership in the face of unrealistic expectations

by • Business, Comment

While modern business leaders are still expected to provide strategic thinking, leadership and make business decisions, their effectiveness is no longer just about profitsWhile modern business leaders are still expected to provide strategic thinking, leadership and make business decisions, their effectiveness is no longer just about profits. These days leaders are also being held responsible for employees’ mental health and wellbeing, psychological safety, as well as diversity and inclusion. They are expected to be decisive yet flexible, empathetic yet analytical, and clear yet nuanced. It can be exhausting. More →

Company culture is one of the hardest but most valuable things to get right after a merger

Company culture is one of the hardest but most valuable things to get right after a merger

by • Business, Comment

There are major consequences for company culture, which is so important to get right in the mergers and acquisition process.Like never before, 2021 saw record-breaking levels of mergers and acquisitions (M&A) activity globally, a trend that continued into 2022 until a challenging macroeconomic landscape resulted in a sharp decline in activity. This was mainly because businesses waited to see what the coming months would bring. Whilst experts believe that M&A activity won’t return to levels seen in 2021, they do expect an increase as markets adapt, recover, and look for ways to increase profit. And that has major consequences for company culture, which is so important to get right in the mergers and acquisition process. More →

UK productivity continues to drag despite variations across sectors

UK productivity continues to drag despite variations across sectors

by • Business, News

The UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UKThe UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UK. However, this new analysis also highlights sectoral differences in productivity growth, with some sectors performing better than others in recent years. The slowdown in manufacturing productivity is also shown to have played a significant role in the fall in economy-wide productivity, but there is positive sentiment amongst manufacturers, with almost 1 in 5 expecting to see gains of 10-25 percent in the coming year. According to PwC UK’s new UK Productivity Tracker, a lack of sustained investment expenditure may be behind the UK’s weak performance. More →

Multi-tasking managers offer the key to cooperation between rival firms

Multi-tasking managers offer the key to cooperation between rival firms

by • Business, News

For rival companies to successfully cooperate in the name of innovation, they need “ambidextrous” managers who can make the most of their pooled resources and exhibit strong multi-tasking skillsFor rival companies to successfully cooperate in the name of innovation, they need “ambidextrous” managers who can make the most of their pooled resources and exhibit strong multi-tasking skills, research from NEOMA Business School claims. Antony Paulraj, Professor of Operations and Supply Chain Management at NEOMA, co-authored a study analysing the approach of over 300 companies that are collaborating with their competitors, known as “coopetition”. More →

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