Narcissistic leaders are bad for share value but do have their uses

Narcissistic leaders are bad for share value but do have their uses

by • Business, News

arcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertiaNarcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertia, according to research which analysed how CEO narcissism affects stock recommendations from securities analysts. The study by Nottingham Business School (UK), Middle Tennessee State University (US), and the University of Leeds (UK) is the first to explore the relationship between CEOs who are linked to excessive risk taking and their value to a company. The paper “Chief executive officer narcissism, corporate inertia, and securities analysts’ stock recommendations” has been published in the journal Strategic Organisation. More →

Three quarters of organisations never or rarely check on employee morale

Three quarters of organisations never or rarely check on employee morale

by • News, Workplace

Organisations cannot afford to neglect or pay lip service to employee morale if they want to retain talentOrganisations cannot afford to neglect or pay lip service to employee morale if they want to retain talent, according to new research from MHR [registration]. In its latest Employee Experience report – which identifies employee wellbeing as a huge component of morale – MHR reveals that 75 percent of organisations fail to regularly check in on employee needs and attitudes, for example through satisfaction surveys. More →

A million women in the UK routinely hide period sick days from employers

A million women in the UK routinely hide period sick days from employers

by • News, Wellbeing

More than a million women mask period sick days each year because they feel unable to tell their boss the true reason for their absenceMore than a million women mask period sick days each year because they feel unable to tell their boss the true reason for their absence. The latest research revealed in the Bupa Wellbeing Index, shows that one in eight (13 percent) women have taken time off work in the last 12 months due to symptoms linked to periods, with a third (35 percent) gave a different reason when requesting the time away. More →

New RIBA guidance sets out to demystify smart building technology 

New RIBA guidance sets out to demystify smart building technology 

by • Architecture, News, Technology

The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. Developed with ScanTech Digital, Glider Technology, Kier and Hoare Lea, RIBA says this free resource will support anyone involved in the design of newbuild, retrofit or refurbishment projects to implement smart building technology. The Smart Building Overlay introduces smart building terminology and outlines the benefits of embedding smart building technology from the outset. Its principles can be applied to projects of all scales and scopes. More →

Many people continue to put a brave face on mental health

Many people continue to put a brave face on mental health

by • News, Wellbeing

Seven in ten employees (67 percent full time and 69 percent part time) say that they feel the need to put a brave face on things when asked about their mental health. Half (47 percent full time and 54 percent part time) report that the reason is because bigger things are going on in the world right now and they don’t wish to be a burden, whilst a quarter of full time employees (27 percent) and a third of part time employees (35 percent) don’t believe that people really want to know how they are. A quarter (26 percent full time and 27 percent part time) say they fear being judged if they open up. As a result they are feeling withdrawn, isolated and less able to socialise. More →

Firms want to embrace AI, but bewildered by range of options

Firms want to embrace AI, but bewildered by range of options

by • AI, News, Technology

The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the marketThe vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. More →

Cost of living pressures hurting productivity and wellbeing

Cost of living pressures hurting productivity and wellbeing

by • News, Workplace

three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performanceNew research investigating how cost of living pressures are impacting the workforce has found that three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performance. In the survey of 500 UK HR Directors, carried out by Nous.co, a third (34 percent) of HR leaders said they’d noticed a drop in productivity due to employees having other things on their minds. Three quarters (74 percent) said financial pressures were directly affecting employee performance. More →

People don’t want to work for firms that can’t live up to their own brand values

People don’t want to work for firms that can’t live up to their own brand values

by • News, Workplace

Being yourself has its downsidesBusinesses that lack clear brand values and a defined company purpose are at risk of losing their employees, according to a new poll from Berkeley Communications [registration]. In an international study looking at workers’ attitudes around company loyalty, the report suggests that three quarters (75 percent) of respondents believe a company’s purpose is an important aspect of their current or prospective employer and 73 percent said the same about their current or prospective employer’s brand values. More →

Return to office mandates linked to higher business travel costs

Return to office mandates linked to higher business travel costs

by • Flexible working, News, Technology

a key finding in new research by Uber for Business  which claims to reveal a resurgent demand for business travelThe majority of UK travel managers (89 percent) say travel is a growing business priority in 2024, anticipating increased budgets driven by return-to-office policies, inflation and ESG requirements. This is a key finding in new research by Uber for Business  which claims to reveal a resurgent demand for business travel. The research, drawing insights from over 250 corporate travel managers across the UK, sets out to explore the top business travel trends and challenges to watch in 2024. In this landscape of shifting dynamics, where emphasis on ESG requirements is intensifying, there is an increasing need for innovative travel management solutions, the firm says. More →

RIBA issues new guidance on including more people in decision making on buildings and places

RIBA issues new guidance on including more people in decision making on buildings and places

by • Architecture, Facilities management, News

One of the regular, longstanding gripes of our publisher Mark Eltringham (there are many) is that architects don’t particularly like non-architect folk having any sort of opinion on what they do. You can read him banging on here (ten years ago!) and elsewhere about the problems architects have with muggles. Now the Royal Institute of British Architects (RIBA) has pulled a rabbit from the hat by publishing new guidance to ensure that stakeholder engagement is considered, when appropriate, at every stage of planning, designing and constructing buildings and places. It remains to be seen what the rank and file make of this and what it means by ‘when appropriate’. More →

Age gaps between colleagues linked to lower productivity

Age gaps between colleagues linked to lower productivity

by • News

Employees who are much younger than their managers report lower productivity than those closer in age due to a lack of collaboration between employees of different generations, according to new research from the London School of Economics and Political Science (LSE) in collaboration with consulting firm, Protiviti.  An external survey conducted by LSE of 1,450 employees in the finance, technology and professional services industries in the UK and USA, found that friction between different generations was driving down productivity and that firms need to develop intergenerationally inclusive work practices. More →

Motherhood penalty means many women in tech leave due to care responsibilities

Motherhood penalty means many women in tech leave due to care responsibilities

by • Flexible working, News, Workplace

Women who have flexible working arrangements have a significantly higher retention than those who didn't. These finding emphasise the damage that the 'motherhood penalty' has on the tech industry and its ability to keep women working within it.Almost 40 per cent of female tech leavers cited caring commitments as a decisive factor in their decision to leave the industry, according to research by Tech Talent Charter. Work life balance was ranked the most important consideration, as working parents are juggling careers and full-time caring commitments, prompting the Tech Talent Charter and MotherBoard Charter to join forces to address maternity retention in tech. Women who have flexible working arrangements have a significantly higher retention than those who didn’t. These findings emphasise the damage that the ‘motherhood penalty’ has on the tech industry and its ability to keep women working within it. More →

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