February 18, 2019
Organisations are overwhelmed by innovation, claims report
Companies are being overwhelmed by innovation projects, fewer than half of which even make it to market. That is according to a new report from Oracle, based on a poll of more than 5,000 decision makers from 24 countries. Despite what the report claims is a clear link between growth and innovation, organisations are being held back by poor processes and a lack of focus. The report suggests that innovation barriers are particularly pronounced amongst big companies, as well as companies experiencing higher growth rates.
Over half of workers (53 percent) believe that getting the right people with the right skills will be the biggest issue faced by their workplace in the year ahead. This is according to research published by Acas today, which commissioned YouGov to find out what UK employees identified as the most important workplace issues in the year ahead. The other two top issues identified were technological change (36 percent) and productivity (36 percent). Other issues identified by participants in the poll included fit and healthy staff (18 percent) and Equality and Fairness (17 percent). Acas Chief Exec, Susan Clews, said: “Employees feel that getting workers with the right skills is a key concern in the year ahead. This could be attributed to uncertainty around our relationship with the EU at the moment or general concerns around skills shortages.
The vast majority (98 percent) of UK employees think learning is essential in deciding to stay or leave their employer, yet new research claims that three quarters (75 percent) of companies don’t have a learning culture and 66 percent don’t have a digital learning strategy. The research from Bridge in collaboration with Two Heads Consulting, finds that most businesses in the UK are struggling to engender a culture that prioritises learning and development with only 25 percent of HR staff saying their organisations have a learning culture. In comparison, three quarters of companies don’t have one at all (11 percent), are still trying to establish one (59 percent) or report it is not a priority (5 percent). Furthermore, despite recognising its importance, 60 percent of UK companies don’t measure the impact of learning on business performance. Employees also complain that their performance reviews are ill thought out and infrequent.
UK workers are feeling more confident about the state of the economy but it’s making them less inclined to stay in their current jobs, a new survey claims. According to the latest Global Talent Monitor report for the second quarter of this year, from Gartner 18.8 percent of UK employees indicated a very low intent to stay in their current role, the second highest after India (40 percent), and higher than the global average of nearly 12 percent. This is the first time since Brexit that workers reported having an optimistic outlook on the job market, and their own career growth. Nearly 40 percent of UK employees reported somewhat high to high confidence in the economy. When it comes to their personal prospects, employee perceptions have risen steadily over the last year and have increased nearly 4 percent. In fact, job opportunity perceptions in the UK are nearly 1.5 points higher than the global average. However, despite their intentions to move on from their current role, UK employees are still putting in a strong effort in their current roles, with nearly 13 percent of employees reporting a high willingness to go above and beyond in their role, and an additional 43.8 percent leaning towards high.
Improved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. 
Business Secretary Greg Clark proposed new laws in Parliament yesterday (June 11th) that new large firms will have to justify their chief executives’ salaries and reveal the gap to their average UK worker. It means that for the first time, UK listed companies with more than 250 UK employees will have to disclose and explain this difference – known as ‘pay ratios’ – every year. However, according to data published today by the Chartered Management Institute (CMI) and 
June 28, 2018
Ten demonstrable truths about the workplace you may not know
by Kerstin Sailer • Comment, Facilities management, Features, Workplace design
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