August 24, 2023
Passionate firms make more progress in teamwork, research finds
Passionate 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 →
July 21, 2023
It is possible to balance the positives and negatives of stress at work
by Lisa Gunn • Comment, Wellbeing
Stress is an inevitable part of everyday life, and our bodies are hard-wired to respond to it. However, it’s clear stress takes a regular, negative toll on organisations across the country. Last year, 17 million days were lost due to stress, depression or anxiety, which accounted for 51 percent of all work-related ill health cases and 55 percent of all working days lost due to ill health. Poor mental health costs employers between £1,205 and £1,560 per employee, per year. Some of the main causes of stress in the workplace include mounting workload pressures, increased responsibilities, and a perceived lack of support from senior management. More →