Search Results for: business

Narcissistic leaders are bad for share value but do have their uses

Narcissistic leaders are bad for share value but do have their uses

by • Business, News

arcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertiaNarcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertia, according to research which analysed how CEO narcissism affects stock recommendations from securities analysts. The study by Nottingham Business School (UK), Middle Tennessee State University (US), and the University of Leeds (UK) is the first to explore the relationship between CEOs who are linked to excessive risk taking and their value to a company. The paper “Chief executive officer narcissism, corporate inertia, and securities analysts’ stock recommendations” has been published in the journal Strategic Organisation. More →

Life at the coalface: How the agile workplace first appeared in the mid 20th Century

Life at the coalface: How the agile workplace first appeared in the mid 20th Century

by • Comment, Wellbeing, Workplace design

agile working began in the coal fields of NottinghamshireThe idea of diffusion of innovation has become so embedded in our culture, and most recently so associated with the adoption of new technology, that we might assume it happens in predictable ways. The steps between innovators, early adopters, early majority, late majority, and laggards seem intuitive and certain even when their peaks might be unsure. And yet history teaches us that sometimes new ideas can take years or even decades to take hold, even when they are potentially world-changing and relevant for the era in which they were formulated. More →

New RIBA guidance sets out to demystify smart building technology 

New RIBA guidance sets out to demystify smart building technology 

by • Architecture, News, Technology

The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. Developed with ScanTech Digital, Glider Technology, Kier and Hoare Lea, RIBA says this free resource will support anyone involved in the design of newbuild, retrofit or refurbishment projects to implement smart building technology. The Smart Building Overlay introduces smart building terminology and outlines the benefits of embedding smart building technology from the outset. Its principles can be applied to projects of all scales and scopes. More →

Firms want to embrace AI, but bewildered by range of options

Firms want to embrace AI, but bewildered by range of options

by • AI, News, Technology

The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the marketThe vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. More →

People don’t want to work for firms that can’t live up to their own brand values

People don’t want to work for firms that can’t live up to their own brand values

by • News, Workplace

Being yourself has its downsidesBusinesses that lack clear brand values and a defined company purpose are at risk of losing their employees, according to a new poll from Berkeley Communications [registration]. In an international study looking at workers’ attitudes around company loyalty, the report suggests that three quarters (75 percent) of respondents believe a company’s purpose is an important aspect of their current or prospective employer and 73 percent said the same about their current or prospective employer’s brand values. More →

Lab rats – how the UK life sciences sector is struggling to find space to work

Lab rats – how the UK life sciences sector is struggling to find space to work

by • Features, Premium Content, Property

The UK wants to build on its already successful position as a globally important player in the life sciences and pharma sectors. Yet it is struggling to create enough space for growth in the right places and having to rethink wher research and innovation takes place In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. More →

Motherhood penalty means many women in tech leave due to care responsibilities

Motherhood penalty means many women in tech leave due to care responsibilities

by • Flexible working, News, Workplace

Women who have flexible working arrangements have a significantly higher retention than those who didn't. These finding emphasise the damage that the 'motherhood penalty' has on the tech industry and its ability to keep women working within it.Almost 40 per cent of female tech leavers cited caring commitments as a decisive factor in their decision to leave the industry, according to research by Tech Talent Charter. Work life balance was ranked the most important consideration, as working parents are juggling careers and full-time caring commitments, prompting the Tech Talent Charter and MotherBoard Charter to join forces to address maternity retention in tech. Women who have flexible working arrangements have a significantly higher retention than those who didn’t. These findings emphasise the damage that the ‘motherhood penalty’ has on the tech industry and its ability to keep women working within it. More →

Less than half of executives consider the impact of organisational change on people

Less than half of executives consider the impact of organisational change on people

by • Business, News

A new poll from O.C. Tanner claims that less than half of UK leaders (47 per cent) take their employees into account when deciding to enact business-wide changes. And just 44 per cent of UK senior leaders seek employee opinions as changes are rolled-out. These are the findings from O.C. Tanner’s 2024 Global Culture Report which gathered data and insights from more than 42,000 employees, leaders, HR practitioners, and executives from 27 countries worldwide including 4,818 from the UK. More →

Forty percent of firms expect people to work from the office five days a week

Forty percent of firms expect people to work from the office five days a week

by • News

Virgin Media O2 Business’ first full-year Movers Index claims that 2023 was the year of the ‘Great Office Return’Virgin Media O2 Business’ first full-year Movers Index claims that 2023 was the year of the ‘Great Office Return’, with 40 percent of companies returning to a five-day office working week, despite more than half (55 percent) of workers experiencing public transport delays of an hour or more on their commute. The Movers Index claims that businesses and consumers alike are doubling down on getting the most value for every pound spent amid the cost-of-living crisis. More →

BCO’s new research agenda sets out a new vision for the office

BCO’s new research agenda sets out a new vision for the office

by • Facilities management, News, Property

The British Council for Offices has unveiled its new research agenda, which will it says will aim to guide and inspire the office sector amid disruptionThe British Council for Offices has unveiled its new research agenda, which will it says will aim to guide and inspire the office sector amid disruption. The BCO says the agenda is a direct response to the current and ongoing dynamics in the office sector. The publication aims to lay the groundwork for a new vision of the office as an economically productive, occupier-first, technologically enabled and sustainable part of our built environment. More →

Landlords and occupiers don’t see eye to eye on the decarbonisation of real estate

Landlords and occupiers don’t see eye to eye on the decarbonisation of real estate

by • Environment, Facilities management, News, Property

Progress on the decarbonisation of real estate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiersProgress on the decarbonisation of real estate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme. If better alignment between the two parties is not prioritised, it has the potential to increase total emissions from the built environment over the medium to long-term as real estate decisions are often medium to long-term commitments, according to the authors. More →

London’s office market is reshaping the city and the way people experience the workplace

London’s office market is reshaping the city and the way people experience the workplace

by • Comment, Property

2024: The year of connectivity, collaboration, and culture for workplace trends and changes in London's office marketLondon’s office market continues to adapt to evolving workforce demands. The normalisation of hybrid and flexible working since the pandemic remains the biggest cultural shift that the office sector has witnessed in decades. In addition to the rise in demand for quality-as-a-must in 2023, collaboration, culture, and connectivity will lead the charge for office space trends in the year ahead. More →

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