February 26, 2020
Three quarters of organisations say access to market opportunities is their key motivation for international expansion, according to a report. Businesses also named access to specialist skills as one of the main factors that influence their international growth ambitions (cited by 67 percent), alongside proximity to suppliers and resources (66 percent) and access to affordable labour (55 percent). More →
February 24, 2020
In response to the coronavirus outbreak, Acas has published new advice to help employers understand their workers’ rights and how to handle the impact of the virus. The guidance includes tips on how to deal with sick pay, staff in quarantine and staff who do not want to come into work due to fears over catching the coronavirus. It also looks at what to do if the virus spreads widely in the UK or if a business needs to shut temporarily. More →
February 20, 2020
The European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. More →
February 20, 2020
Insider data breaches are a major concern for 97 percent of IT leaders, according to new research. About three quarters believe that employees have put data at risk in the past 12 months accidentally (78 percent) or intentionally (75 percent). When asked about the implications of these breaches, more than two in five said financial damage would be the area of greatest impact. More →
February 19, 2020
The inherent preference employers have for candidates with natural leadership ability could have a negative effect on their organisation, according to new research by Rotterdam School of Management, Erasmus University (RSM). The study, On Leading and Managing: Synonyms or Separate (and Unequal)? published in the Academy of Management journal suggests that firms tend to choose leaders over managers regardless of their culture and needs. More →
February 19, 2020
Employees use just 38 percent of their knowledge and expertise at work, meaning organisations are failing to unlock even half of the brainpower of their people, research has claimed. According to the survey of more than 1,000 UK and US “knowledge workers” by Starmind, 90 percent of employees want more opportunities to share knowledge and expertise and three quarters believe their organisation would benefit from accessing more of their expertise. More than 6 in 10 respondents feel they could contribute more but don’t know how, while nearly two-thirds say they have knowledge their organisation isn’t aware of or doesn’t capitalise on. More →
February 17, 2020
UK GDP will be £37bn lower by the end 2022 if there is no trade deal with the EU by the end of this year than if trade talks continue beyond the government’s deadline, a report has claimed. The research by Oxford Economics (registration required) also predicts that financial markets would react negatively to a ‘no trade deal Brexit’, with sterling depreciating by 5 percent against the dollar in late 2020. It would drop around 3.5 percent against the euro, as the eurozone would also face reduced growth in this situation. More →
February 14, 2020
Some local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →
February 13, 2020
Although Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. More →
February 12, 2020
I speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. More →
February 12, 2020
More than 40 percent of workers have a hidden health issue they’ve never disclosed to their employers, with younger employees the most likely to withhold information from their bosses, according to new research. A survey of 1,000 employees, carried out by healthcare provider Benenden Health, revealed 63 percent of respondents aged 23 or under and 60 percent of 24-38-year-olds surveyed haven’t told their employers about a health issue. This is compared to 35 percent of respondents aged 39-54 and 18 percent of those aged 55 or over. More →
February 13, 2020
What performance culture can teach us about motivating employees in the workplace
by Diane Strohfus • Comment, Workplace