Threat of recession means half of firms say they have stopped innovating

Threat of recession means half of firms say they have stopped innovating

by • Business, News

Half of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their businessHalf of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their business, according to brand new research from consultancy Magnetic. Just 22 percent disagree, with 28 percent undecided. This corroborates the 56 percent who say they’re prioritising the survival of their business above all else; an especially concerning figure when two-thirds of the sample are large businesses with more than 250 employees. More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

One year on from generative AI hype, people are scared and excited about its use

One year on from generative AI hype, people are scared and excited about its use

by • AI, News, Technology

Nearly one year after ChatGPT burst into the public consciousness, generative AI (GenAI) has left employees and their organisations both excited and uneasyNearly one year after ChatGPT burst into the public consciousness, generative AI (GenAI) has left employees and their organisations both excited and uneasy. According to a recent study [registration] commissioned by Betterworks and conducted by Propeller Insights, over half of employees are using GenAI at work for complex activities and believe it has the potential to reduce bias across a swath of HR processes, despite the fact that only 41 percent of organisations are actively evaluating it or have made GenAI a priority. At the same time, many employees are concerned about the potential impact of GenAI on both their roles and the possibility of unintentional amplification of bias. More →

Half of deskless workers suspect they are invisible and expendable

Half of deskless workers suspect they are invisible and expendable

by • Flexible working, News

Over half of UK based ‘deskless’ workers (51 per cent) say they’re viewed as expendable by their employer. Plus, almost a third (32 per cent), feel that their corporate, desk-based colleagues regard them as inferior.  These are the findings from O.C. Tanner’s 2024 Global Culture Report which gathered data and insights from more than 42,000 employees, leaders, HR practitioners, and executives from 27 countries worldwide including 4,818 from the U.K (of which 1,734 are deskless). More →

More than a third of working parents thinking about quitting jobs

More than a third of working parents thinking about quitting jobs

by • News, Wellbeing

A new survey reveals that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their jobA new survey claims that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their job. The OnePoll survey [registration] of 2,000 working parents with children aged 18 or under commissioned by REC Parenting, an online platform offering support to parents and carers, revealed that many working parents are at breaking point. More →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

by • Environment, News

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

Unpicking the retrofit enigma

Unpicking the retrofit enigma

by • Briefing, News, Property, Workplace design

We explore many of the issues around the crucial subject of retrofit in this supplement produced in partnership with BVNEarlier this year, a report from building consultancy Mace advocated for a retrofit first principle for buildings. The report highlighted how non-domestic buildings in the UK make up about an eighth of the country’s building stock but account for around a quarter of the country’s carbon emissions. The solution argued for in the report was to look at how best to retrofit around 3.5 million such buildings over the next ten years. We explore many of the issues around this crucial subject in this supplement produced in partnership with BVN. It represents both a snapshot of the current conversations about retrofit while pointing a way ahead. This one will run and run, but we need to get it right. More →

If you want people to feel fulfilled at work, you’d better cough up

If you want people to feel fulfilled at work, you’d better cough up

by • News, Workplace

According to a new poll from United Culture, salary is what makes most people feel fulfilled at workAccording to a new poll from United Culture, salary is what makes most people feel fulfilled at work. More than half of employees (55 percent) ranked it as their key consideration, ahead of ‘softer’ factors such as doing something worthwhile (41 percent), or working with people they like (39 percent). It also ranks significantly higher than opportunities that will play out over the longer term, such as having a clear sense of career progression (37 percent). More →

Council employees working from home are committing fraud with second job

Council employees working from home are committing fraud with second job

by • Flexible working, News, Public Sector

The UK Government’s National Fraud Initiative is looking into a number of local authority employees who have been caught ‘moonlighting’ while they were supposed to be working from home for the councilThe UK Government’s National Fraud Initiative is looking into a number of local authority employees who have been caught ‘moonlighting’ while they were supposed to be working from home for the council. The NFI considers this a form of fraud because it is seen as working multiple contracts without the knowledge of employers and contrary to their terms of employment. Multiple contract working is seen as fraud when people who are paid to work full time, split their days between two or more employers without their knowledge. More →

To agility and beyond: what NASA can teach us about strategic change

To agility and beyond: what NASA can teach us about strategic change

by • Flexible working, News

New research shows what NASA can teach organizations on strategic agilityA new research project from ESMT Berlin and Warwick Business School sets out to find what the history of NASA history can teach organisations about strategic agility, and how organisations can adapt their business models effectively to cater to external challenges. To shed light on how strategic agility is achieved, the study follows NASA’s successful shifts to three different strategic alignments over the past 60 years. More →

Appetite for hybrid working shows no sign of letting up at large firms

Appetite for hybrid working shows no sign of letting up at large firms

by • Flexible working, News

companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalDataThe ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData. More →

Half of work related illness is down to stress, depression or anxiety

Half of work related illness is down to stress, depression or anxiety

by • News, Wellbeing

1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxietyNearly two million workers in Great Britain reported suffering from work-related ill health in 2022/23, according the latest annual statistical report from the UK’s Health and Safety Executive. The statistics reveal that 1.8 million workers reported they were suffering from work-related ill health in 2022/23, with approximately half of the cases down to stress, depression or anxiety. In the recent years prior to the COVID-19 pandemic, the rate of self-reported work-related ill health had been broadly flat, but the current rate is higher than 2018/19. More →

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