July 17, 2019

Companies should respect their historic identity to thrive in the future

Revisiting a company motto or philosophy is necessary in an ever-changing world, but it can disrupt people’s sense of “who we are” and should be carefully managed to ensure the firm continues to thrive in the future, according to new research from UCL School of Management. The study was based on the study of a large database of corporate mottos of long-established Japanese firms. It focused on 25 cases still in operation today, using a combination of archival and interview data to investigate when, why, and how they had revised their historical mottos in times of change. The findings are reported in an article forthcoming in the Strategic Management Journal. More →

July 16, 2019

New BCO specification guide addresses “exponential times”

by Neil Franklin • News, Property, Technology, Wellbeing, Workplace design

The British Council for Offices (BCO) has published its new Guide to Specification, which provides guidance on industry standards for workplaces across the UK. The Specification Guide, last published in 2014, sets out to help office developers address the key issues for the UK workforce in the coming decades, namely wellbeing, technology and sustainability. The authors claim that the new edition addresses the “exponential times” in which we now live, with sections focusing on wellbeing, the Fourth Industrial Revolution and sustainability. More →

July 16, 2019

Government sets out plans to reduce work related ill health

by Neil Franklin • News, Wellbeing

The UK government has opened a consultation on ill health in the workplace which looks at issues such as workplace modifications, the right to request flexible working and interventions from employers. It claims that more could be done on the issue, especially for people with disabilities or long term health conditions. The consultation will focus on what employers can do to help employees and how they could be supported with advice and information, better access to occupational health resources and financial help, especially for small businesses and the self-employed. More →

July 16, 2019

Impostor syndrome may have serious impact on mental health

by Neil Franklin • News, Workplace

According to a new study from researchers at the University of Houston, impostor syndrome can have serious consequences for mental wellbeing and can affect people’s personal relationships and home life. Those affected by impostor syndrome – the persistent feeling somebody has that they are not qualified or able to be in a work role – are more likely to report problems in their home lives, experience burnout and to have conflict between work and family roles. Additionally, although work-life balance problems weren’t necessarily linked to lower job satisfaction, emotional exhaustion was. More →

July 16, 2019

The workplace of tomorrow redefined by learning and AI

by Jayne Smith • Flexible working, News, Technology, Workplace

Unily has released a report analysing the trends and issues shaping the workplace of tomorrow. The report, ‘Future of the Workplace 2030+’, has been co-created with the futurist Anne Lise Kjaer, a regular on the TED Talks circuit best known for the book The Trend Management Toolkit. Looking at the transformation of our working lives over the next 10 years and beyond, the report explores both the challenges and the opportunities as companies prepare for a new wave of technological advances and a new generation of workers. It sets out specific challenges including how to incorporate Generation Z in the workplace, integrate new technology and face greater scrutiny of organisational values. It also suggests that new jobs will emerge such as ‘Vice President of No’, ‘Professional Rebel’ and ‘Ideas Broker’. More →

July 15, 2019

Flexible working the key to attracting female talent

by Neil Franklin • Flexible working, News

Flexible working is the key to make construction a more attractive and progressive career choice for female talent, according to a RICS poll which claims the top recommendations industry professionals believe will help employers encourage more female talent into the property sector. More →

July 14, 2019

Workers want offices that inspire themselves and others

by Neil Franklin • News, Workplace design

New research from Ambius, claims that more than half (56 percent) of Brits have felt what they call office envy after visiting another organisation’s workspace. Despite the majority (55 percent) communicating this ‘lack of office inspiration’ to their office manager or employer, most saw no change as a result. The survey of 1,000 UK office workers also claims that employees are conscious of how their office looks on social media. Just one in five think their office space is beautiful, and as a result, only 22 percent would be proud enough to post a picture of it on Instagram, or other social channels. More →

July 14, 2019

Sheer volume of data can make marketers blind to strategy

by Neil Franklin • News

The vast majority (83 percent) of senior marketers are struggling to adapt to the volume of data available to them, while 80 percent feel the industry as a whole focuses on too many performance metrics, according to a new report from research company Censuswide and Domo. The study polled 681 senior marketers around the world on their opinions, routines and plans for the future. It revealed that analytics, from a vast number of sources, are driving ‘data blindness’ as marketers lose sight of KPIs, and 78 percent of respondents admit to chasing short-term results over long-term strategy. More →

July 12, 2019

Regional productivity gaps at near record high

by Neil Franklin • Cities, News

Differences in typical household incomes across the UK’s regions and nations have halved since their 1990 peak, but differences in productivity remain close to record highs, according to new research published by the Resolution Foundation. The report, Mapping Gaps, examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards. The report notes that regional inequality is a hot topic – particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK – and that the UK is one of the most unequal countries in the OECD when it comes to the relative economic performance of its regions and nations.

July 12, 2019

Family firms focus more on corporate social responsibility

by Mark Eltringham • News, Workplace design

Companies owned by families pay more attention to issues of corporate social responsibility (CSR), such as sustainability and environmental issues, according to research from Vlerick Business School, but the research also found that attention to CSR decreases as the company is handed down to the next generations. Dr. Kerstin Fehre, Professor of Strategy at Vlerick Business School, alongside Dr. Florian Weber from the Karlsruhe Institute of Technology in Germany, studied family firms and the attention they gave to CSR compared to non-family firms. The study, published in the journal Business Ethics: A European Review, used over a hundred of the largest HDAX listed companies in Germany and analysed messages to shareholders published in annual reports. More →

July 12, 2019

UK adults prioritise workplace culture over salary

by Jayne Smith • News, Workplace

Glassdoor has released a new survey that claims to measure sentiment around mission and culture in the workplace, along with the level of importance of both. Glassdoor surveyed over 1,000 adults in the UK (and a further 4,000+ in U.S., France and Germany) and, among key findings, claims 77 percent of people would consider a company’s mission and purpose before applying for a job there, and 57 percent say workplace culture is more important than salary when it comes to job satisfaction. More →

July 12, 2019

Firms can overplay the war for talent, researchers find

by Mark Eltringham • News, Workplace

Firms often put great effort in retaining good employees because they fear the loss of talent and knowledge spillover to rival companies. However, new research published in the Academy of Management journal by Stefan Wagner, Professor of Strategy at ESMT Berlin, and Martin Goossen from Tilburg University suggests that losing key employees to a competitor can actually be a benefit to companies and so the war for talent may be futile or even counterproductive. To assess the impact of mobile employees the researchers focused on R&D alliances in the pharmaceutical industry, where partnerships are a common mode of innovation as they diffuse the burden of costly drug development. They collected data on alliance formation amongst the 55 largest pharmaceutical firms over a 16-year period, identifying all scientists that moved between these firms. Of the 130,000 scientists the researchers tracked, more than 8,200 moved from one firm to another. More →