Search Results for: office

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo 0

marissa_new4_400x400When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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Women struggling to reach senior executive roles in top US firms

Women struggling to reach senior executive roles in top US firms 0

US female executiveProgress for women in reaching the executive ranks within the UK’s FTSE 100 is too slow and the picture is less than inspiring on the other side of the Atlantic. A new analysis by Korn Ferry of the top 1,000 US companies by revenue finds the percentage of women in most executive positions is dramatically lower than their male counterparts. Across the most prominent executive job titles and several industries (consumer, energy, financial, life sciences, industrial, technology) an average of less than one quarter (24 percent) of the top leaders are women. The most senior post is held by the smallest percentage of women, with only 5 percent serving as CEO; 12 percent of CFO’s (Chief Financial Officer) are women; and 19 percent of women holding the CIO (Chief Information Officer) role across all industries. The CHRO (Chief Human Resources Officer) role is the only one where there is gender parity, with 55 percent of CHROs across industries being women.

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UK commercial property prices fall during first full month after Brexit

UK commercial property prices fall during first full month after Brexit 0

office spaceThe first full month of market activity in the UK’s commercial property sector since the Brexit vote, saw its value fall by just under three percent, according to the latest data from real estate researchers MSCI in their monthly IPD real estate index. The value of the nationwide market fell by 2.8 percent over the month. Central London was particularly badly hit with values falling by 4.1 percent. The monthly report is sponsored by a number of the major players in the commercial property sector and is based on an analysis of every building in the MSCI database including currently occupied buildings and those in development and being refurbished. A report published earlier this month by Investment Property Forum found that while the overall value of the UK’s commercial property had hit record levels, the uncertainty surrounding the consequences of Brexit was of major concern for investors and occupiers.

Poor tech and long meetings remain key sources of workplace misery

Poor tech and long meetings remain key sources of workplace misery 0

workplace meetingsBadly run and overrunning meetings remain amongst the main sources of workplace conflict and unhappiness, according to a study of 1,000 US employees from workplace software provider Eventboard. The main sources of this conflict appears to be the number of meetings that overrun and poor technology, claims the report. More than half (56 percent) of frontline employees spend 1-2 hours in meetings daily and three-quarters (75 percent) of senior and mid-management level employees spend 3-4 hours in meetings daily. The report also highlights the inadequate provision of workplace technology even though the tools people use are seen as essential for their happiness and productivity. More than half of respondents claim they have to supplement the technology they are given by their employer with their own devices, even though technology can be twice as important as other perks in terms of making people happy and productive.

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Watercooler moments are the key to workplace wellness claims study

Watercooler moments are the key to workplace wellness claims study 0

Water for wellness

The skills people require to perform at their optimum throughout the working day, such as patience, focus and diplomacy can be fuelled by the food they’ve eaten; while ‘the wrong kind of fuel can derail their whole day,’ a new academic report has found. And the study in the journal Food, Culture & Society: An International Journal of Multidisciplinary Research reveals that water is the main redeemer of ‘negative nutrition’ in the workplace; not only because it provides vital hydration for physical wellness but because it encourages people to walk to the watercooler or break out area to drink. According to the researchers, a culture of grabbing something quick to eat amid a mounting pile of to-dos at work often leads to making the wrong decisions when searching for something to eat in the workplace. Unplanned cakes and the emergence of ‘food altars’; central places for leftovers from work meetings or unhealthy snacks present workers with endless choice.

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Lack of perks leaves workers feeling less trusted and appreciated

Lack of perks leaves workers feeling less trusted and appreciated 0

Perks of the job

Businesses are failing to provide the perks that can help employee productivity and motivation during the summer months, claims a new survey by Peldon Rose. It also suggests that workers feel less trusted and appreciated by their companies. The report argues that during the summer months, businesses can find motivation slows as employees are distracted by seasonal events and count down the days until their holiday. Those companies found to offer summer perks to help boost morale and wellbeing, summer hours (47 percent), casual dress (37 percent) and ice cream rounds (31 percent) were the most popular, indicating that these benefits are the most highly valued by workers. However, 86 percent of respondents said that their company does not offer any such perks, with the result that many employers are missing an opportunity to make employees feel appreciated and boost happiness and morale in the summer months.

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Career worries lead one in five workers to miss sleep on a regular basis

Career worries lead one in five workers to miss sleep on a regular basis 0

Businesswoman sleeping on her desk at office

UK workers are losing sleep because of work problems and women in particular are not seeking advice on challenges at work for fear of being labelled as a pest, claims a new study of 2,000 people by app provider rungway. One in five (20 percent) of the women polled fear they will be considered a pest if they ask for advice on workplace and career issues compared to just 14 percent of males. Among UK workers, almost half (49 percent) said they never look for guidance on workplace and career issues. Yet, almost one in five (19 percent) said that work issues affect their sleep on a weekly basis. One in 10 feel like they have no one to talk to about work problems or that no one would understand their work issue. Age also plays a part, with workers over 55 least likely to look for guidance on workplace issues – while younger workers are most concerned about bothering others with their career questions.

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Third of people have nobody to talk to about stress, claims report

Third of people have nobody to talk to about stress, claims report 0

stressA new survey by office products supplier Viking claims that a third of workers suffer from stress and yet have no one to talk to about it. The authors of the study claims that these findings correlate strongly with people’s overall levels of fulfilment at work, with 46 percent of those surveyed saying they had negative thoughts about their job several times a week. When it comes to a person’s working environment, the results showed that office workers were more stressed than those working from home. Factors that contributed to these stress levels included working overtime, not taking enough breaks, having no one to talk to, job satisfaction, pressure to succeed. It’s no surprise that a lack of breaks is causing stress, with half of office workers admitting to taking no breaks at all during the day, excluding lunch. Conversely, a massive 61 percent of people working from home said they took two to three breaks throughout the day.

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What Anaïs Nin can teach us about the way we design and use workplaces

Anais_NinAlthough the author and feminist icon Anaïs Nin was born and raised in France by Cuban parents, she is most commonly seen as an American literary figure. Like many of the mid 20th Century’s most pioneering writers and thinkers on social and gender issues, her fame appears to have slowly eroded, perhaps because much of what she wrote about at the time was for the time. She documented much of her life in diaries and letters and so we know a great deal about her as a person, including how much she loved New York while remaining open minded about its deficiencies. In a 1934 letter to her then lover Henry Miller, she laid out her thoughts on the city, and especially its physicality. One of the most eternally resonant aspects of her description is the idea that it is what a person brings to a place that makes it come alive. Culture eats design for breakfast. The stage setting is meaningless without the play and the players.

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Seven workplace stories we like and think you should read this week

Seven workplace stories we like and think you should read this week 0

UBM_London+ workplace1 The next big thing in office design is not what you think but is certainly a sign of the times, according to a story in Inc; it is bullet proof office screens. 2 An exhibition in London offers up spectral images of abandoned buildings from the Soviet era. 3 We’ve been saying for a while that Millennials don’t exist as a separate species, but perhaps not as powerfully as Adam Conover does in this talk delivered, ironically, at a conference focused on marketing to Millennials 4 Maybe the UK Government has finally discovered that an awful lot of people live outside London as it announces the creation of three large civil service ‘hubs’ in Liverpool, Leeds and Manchester. 5 Philip Tidd of Gensler powerfully offers up an inconvenient truth for the UK workplace. 6 More evidence that the Brexit vote was largely a general protest vote rather than a specifically anti-EU vote from the What Works Centre for Wellbeing. 7 A letter to the FT from construction industry leaders urges the UK to maintain its role as a leader in tackling climate change.

Acas issues guidance for employers on impact of Olympic Games

Acas issues guidance for employers on impact of Olympic Games 0

Rio 2016New guidance from Acas has been issued to help employers prepare for potential problems with employees that could arise during the 2016 Olympics Games in Rio de Janeiro next month. With Rio 2016 taking place in Brazil between 5th and 21st August, Acas has advised employers and small businesses to have agreements in place that cover requests for time off, sickness absence, website use during working hours or watching TV during this period. It is advised that employers should start planning as soon as possible to reduce the impact that the Olympic Games could have on their business as annual leave requests could be generally higher during the summer holiday period. Employers might want to gauge the level of interest in the games with their employees, have open communications about suggested changes to working practices which balance staff request with the needs of the business to minimise any potential impact on productivity.

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Bridging the UK’s persistent productivity and digital skills gap

Bridging the UK’s persistent productivity and digital skills gap 0

Digital skillsTwo of the most persistent and related structural problems facing the UK economy are the productivity and digital skills gaps. Earlier this month, the Office for National Statistics reported that there had been a further 1.2 percent fall in productivity. Part of the reason for this is that there is an underlying digital skills gap. According to a report from Barclays, nearly a third (31 percent) of working-age adults in the UK lack even basic digital problem-solving skills which places the country comfortably below the 37 percent average across OECD countries. Despite this, a mere 38 percent of UK employers offer their workers digital skills training, perhaps because on the other side of the coin, the UK ranks highly in what the report calls ‘digital empowerment’, which it defines as  ‘the ability and desire to use one’s digital skills to work productively and creatively, and to have the opportunity to continually upgrade them to keep pace with changing technology’.

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