Search Results for: business

People who drive networking in businesses often end up burnt out and abusive

People who drive networking in businesses often end up burnt out and abusive

by • Business, News, Wellbeing

People who adopt a role as a 'networking broker', connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers.People who adopt a role as a ‘network broker’, connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers. That is the key finding of a new study from ESSEC Business School published in The Journal of Organizational Science.  These networking go-betweens often receive career advantages such as faster promotions, unique information access, or a creativity boost. They play a critical role in the functioning of the organisational. However, there can be hidden psychological and social ramifications associated with this important role as they’re also more likely to suffer the consequences of being so socially adept. More →

Cost of living crisis and other employee concerns are top risk concerns of businesses

Cost of living crisis and other employee concerns are top risk concerns of businesses

by • News, Wellbeing, Workplace

The managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issuesThe managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issues, according to a new poll. Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022. Risks relating to debts, late payments and fraud all make an appearance in the top ten for the first time. More →

Sluggishness in sustainability risks brain drain for businesses

Sluggishness in sustainability risks brain drain for businesses

by • Environment, News, Workplace

Employers are being urged to shore up their commitments to meeting sustainability and net zero targets or risk an exodus amongst younger workersEmployers are being urged to shore up their commitments to meeting sustainability and net zero targets or risk an exodus amongst younger workers. Nearly half (48 percent) of Gen Z workers agree they would consider leaving a job that didn’t walk the talk in its promises on sustainability. This is according to the latest Bupa Wellbeing Index, a landmark survey that uncovers the state of the nation’s health and wellbeing. More →

Business leader express concerns about ethics and implementation of artificial intelligence

Business leader express concerns about ethics and implementation of artificial intelligence

by • News, Technology

A report claims that the majority of business leaders still grappling with the skills and ethics needed to implement artificial intelligenceA new survey of 1,000 global business leaders claims that although leaders say they understand how valuable artificial intelligence can be to their business, over two-thirds (69 percent) say their organisation lacks the skills to fully implement artificial intelligence (AI) and machine learning (ML). The report – AI IQ: Insights on Artificial Intelligence in the Enterprise [registration] – also suggests that the majority of business leaders believe humans should be involved in AI decision-making, citing ethical and data concerns. More →

Businesses need to take real action to create a more sustainable workplace

Businesses need to take real action to create a more sustainable workplace

by • Comment, Environment, Workplace design

What action is actually being taken, including in the creation of a sustainable workplace?For the last decade, if not longer, we’ve heard businesses saying they are focused on reducing their environmental impact. It’s been written in annual reports and immortalised in pledges shared with stakeholders, but the question still remains – what action is actually being taken, including in the creation of a sustainable workplace? More →

Businesses need three years to prepare for impact of AI

Businesses need three years to prepare for impact of AI

by • News, Technology, Workplace

A new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplaceA new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplace – yet 99 percent believe artificial intelligence (AI) will deliver benefits. Almost 40 percent said it would take a minimum of three years before they were prepared for the impact of AI on their roles, and fewer than one in six (15 percent) said they would be fully prepared for the potential impact of AI on the workforce within the year. To integrate AI, nearly 40 percent were investing in their tech teams, while 35.5 percent were already trialling AI in their businesses. More →

Business leaders don’t think higher education prepares people for the workplace

Business leaders don’t think higher education prepares people for the workplace

by • News, Workplace

Most UK business leaders say that higher education doesn’t fully prepare graduates for the workplace, according to a new pollMost UK business leaders say that higher education doesn’t fully prepare graduates for the workplace, according to a new poll from Multiverse. Yet the survey also suggests that over half (54 percent) of senior leaders at those companies still require degrees for entry-level roles. The findings, which come as part of a global report into business leaders’ attitudes to on-the-job learning, show just a third (32 percent) believe a graduate’s degree grade is one of the top three indicators of their potential. This comes as almost twice as many (59 percent) say they actually learned more valuable skills during their first two years in the workplace than they did during university. More →

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

by • Flexible working, News

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. More →

Three quarters of small business owners say overwork leads to strife at home

Three quarters of small business owners say overwork leads to strife at home

by • News, Wellbeing

AOne of the consequences of overwork for SME owners is a tendency for stress to spill over into other parts of their lives new poll from Sky Business claims that whilst 67 percent of SME owners and decision makers would recommend someone should start their own business, more than half (54 percent) have found running their own business more stressful since the threat of impending recession in the middle of 2022. And one of the consequences of overwork for SME owners is a tendency for stress to spill over into other parts of their lives. More →

Biophilic office design has a clear business case, report claims

Biophilic office design has a clear business case, report claims

by • News, Wellbeing, Workplace design

A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design.A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate real estate, the environment impacts the bottom line. PLP’s study – run in collaboration with academics from Loughborough University, the University of Reading, and Benholm claims to enable real estate clients to fairly evaluate the worth of investing in nature alongside other project costs. More →

Government turns to business rates reform to improve building quality, but will it work?

Government turns to business rates reform to improve building quality, but will it work?

by • Facilities management, News, Property

The UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvementsThe UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvements and support more frequent revaluations. The measures being put forward review and reform business rates in England, making them fairer and more responsive to changes in the market. The Non-Domestic Rating Bill will introduce more frequent valuations, to take place every three years instead of the current five, meaning those with falling values will see their bills drop sooner, accorrding to the Treasury. More →

Rising business rates could impact affordable workspace in London

Rising business rates could impact affordable workspace in London

by • News, Property

Colliers calls on Government to provide greater support to tech and creative industries who will struggle as business rates rise in Revaluation 2023The 2023 business rates revaluation will come into effect on the 1st of April 2023, the first of its kind for six years and according to business rates experts at Colliers could have a material impact on the provision of affordable workspace in the capital, historically located in the “fringe” locations. Colliers claims that this is because rents and hence rateable values in fringe locations such as Hackney, Southwark and Hammersmith & Fulham have increased at a greater pace than in historic ‘core’ office locations such as the City, Islington and the West End, and those fringe locations have now become equally or in some cases more expensive locations than those in the Central London core. More →

< 1 2 3 4 5 >»