Only half of businesses vet suppliers for Bribery Act compliance

Image credit: <a href='https://www.123rf.com/photo_18126426_close-up-of-businessman-with-handcuffed-hands-over-white-background.html'>wavebreakmediamicro / 123RF Stock Photo</a>

Under half of British firms are failing to vet suppliers for compliance with the Bribery Act, and only 6 per cent would re-tender if they discovered their suppliers didn’t comply. A poll of procurement managers and directors by Ernst & Young found that only 48 per cent of firms carry out third- party due diligence. The study found that even though 60 per cent of firms with a turnover of £5m to £50m vet suppliers to assess if their practices comply with the Bribery Act, 16 per cent of midmarket firms would ‘do nothing’ if their suppliers failed to comply. The research also revealed that only 40 per cent of firms with a turnover of more than £50 million would remove suppliers from their supply chain if they fail to comply.

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Employer confusion despite social media recruitment surge

social media

Seventy per cent of recruiters now actively use and support the use of social media and trust has grown significantly in online media over the past two years, according to new research. LinkedIn, Facebook and Twitter are the three most used social media channels among HR professionals and recruiters, with occasional use of blogs and videos. However, the research by Global HR Services Group Penna Plc shows that while engagement with social media is increasing, a quarter of employers are still trying to restrict Facebook access at work and have no formal social media policy in place.

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Green issues still a core business concern for managers

Green biz

Green issues have become a core business concern amongst managers responsible for the built environment, says the chair of the Green Building Council Andrew Gould in his introduction to a series of essays which highlight the benefits of a sustainable built environment as a driver for growth. Senior executives from 15 major companies, including Atkins, Balfour Beatty and E.ON, have written the pieces which outline the business case for green buildings and infrastructure. Added Gould: “At the start of 2013, with the short-medium term economic forecast only a little improved, the sustainability agenda is actually in rude health.”

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UK central government fails to increase spending with SMEs

r_seaman@hotmail.comThe Cabinet Office has published figures for how much the UK’s central government departments spent on products and services from small and medium enterprises during the year 2011/2012. The low key announcement slipped under the radar for many people, possibly because the figures indicate that the government is very unlikely to hit its target of spending a quarter of its total expenditure with SMEs in the course of this parliament. While it’s inevitable that large areas of government spending are unsuitable for supply from smaller businesses, the Cabinet Office will be concerned that the current total of 10 per cent is way short of its expectations.

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Liverpool and London regeneration projects get green light

Liverpool Waters

Liverpool Waters

Two huge regeneration projects, one in Liverpool and one in London, have been approved today. The Community Secretary Eric Pickles gave the uncontested go-ahead for the £5.5 billion Liverpool Waters scheme at the same time as London Mayor Boris Johnson green lit the £1.5 billion regeneration of the 23 acre Heygate Estate in Elephant and Castle, South London. Both will provide a much need fillip to the UK’s moribund construction sector, creating thousands of new jobs as well as thousands of new homes, offices, shops, restaurants and other buildings in rundown areas of the two cities.

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UK building sector contracts again but there may be light at end of tunnel

Canary Wharf buildingsThe UK’s construction sector has continued its recent pattern of contraction according to the latest survey of the Purchasing Managers’ Index (PMI) from Markit/CIPS UK. The last month’s index, published earlier today, showed at 46.8, where a figure below 50 indicates a decline in activity, marking the most significant monthly downturn since October 2009. The fall is the fourth consecutive monthly fall although there was a contrast between the commercial sector which endured the biggest drop and residential building which rose slightly.

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Nearly all UK employers now offer flexible working, claims survey

Flexible workA  new report from the Institute of Leadership and Management claims that as many as 94 per cent of UK employers now offer staff some form of flexible working arrangement. The study of more than 1,100 UK managers found that around three quarters (73 per cent) of respondents said their organisation actively supported flexible work practices, 82 per cent were aware of the benefits of flexible working and nearly two thirds (62 per cent) said that senior managers led schemes by example. There is still work to be done in gaining universal acceptance however with 50 per cent of managers claiming flexible working is now standard practice .

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Dull workplaces can hamper creativity, claims new report

Broken light bulbA new report from London based fit-out company Overbury claims that dull and demotivating workplaces are holding back creativity in UK organisations. The study of 2,000 employees from across the UK, found that although staff consider idea generation crucial to their employer’s performance, many feel unable to work creatively together in their offices. Between half and two thirds of employees (59%) state that the development of new ideas is vital to their organisation. However, many respondents also stated that their working environment is thwarting creativity,with the majority (52%) of UK offices lacking common or social areas.

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Widespread adoption of BIM moves closer

BIM_3D_prototype_-_Modus

The widespread adoption of Building Information Modelling (BIM) in architecture, design and construction has moved closer with the publication by the Construction Industry Council (CIC) yesterday of the BIM Protocol, a legal framework for BIM projects. The use of BIM as a collaborative way of working that utilises digital technologies for more efficient methods of designing, creating and maintaining properties has been described as a game-changing ICT and cultural process for the built environment, with the Government’s intention to require collaborative 3D BIM on all its projects by 2016

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Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

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Survey finds global support for wellness initiatives

Working well

Wellness programs are no longer a “soft” issue for organisations around the globe with employers increasingly recognising the value of employees’ health and well-being to their organisations’ bottom line. According to the latest report from Buck Consultants, global employers – regardless of location, identify improving worker productivity and reducing presenteeism as one of their top wellness objectives. Wellness initiatives also continue to add value over time and while significant results can take years to realize, the survey shows how the impact of wellness programs differs by short-term and long-term payoff.

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UK centralised public sector purchasing – still work to do

Whitehall,_LondonThe National Audit Office today publishes its report  Improving Government Procurement. The mainstream media will doubtless stay focussed on the headline examples of ‘waste’, especially in high-spending and high-profile departments such as the MOD and NHS. But for the public sector and its suppliers there is more to be concerned about in one of the main conclusions of the report; that less than half of public sector spending in the UK is carried out across departments to take advantage of economies of scale. That this is the case has long been a source of frustration for those suppliers signed up to framework agreements who find that things aren’t as clear cut as they believe when it comes to purchasing decisions.

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