Search Results for: confidence

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

by • Environment, News, Property, Workplace

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Most US employees don’t believe remote working colleagues are really working

Most US employees don’t believe remote working colleagues are really working

by • Flexible working, News

Only 24 percent of people trust their remote working colleagues to get work done from home, according to a new poll from EnvoyOnly 24 percent of people trust their remote working colleagues to get work done from home, according to a new poll from Envoy. However, the latest edition of its Return to the Workplace survey also suggests that 94 percent of workers believe their managers trust them to do their work from anywhere, home or the office. And the older the worker, the greater the confidence they have in expressing such a belief. Only 57 percent of ‘Gen Z’ feel strongly that they have their manager’s trust compared with 71 percent of ‘Millennials’ and 77 percent of ‘Boomers’. (Wot? No Gen X? – Ed) More →

AI presents us with a chance to rediscover what it means to be human

AI presents us with a chance to rediscover what it means to be human

by • Comment, Technology

We won't beat AI by relying on formulaic thinking and ideas, so we need to rethink creativity and what it means to be humanLike a lot of people right now, I am struggling to get my head around where we are going with AI. Look around and you’ll see the breathless excitement at the sheer amazingness of it all. And examples of its limitations, how it screws up, how military grade AI can be fooled by somebody hiding in a box, and its sense of humour failure. All of this is demonstrably, paradoxically true. More →

A workplace for entrepreneurial mindsets to thrive should be your goal

A workplace for entrepreneurial mindsets to thrive should be your goal

by • Business, Comment

Workplace entrepreneurial mindsetThese days it seems like everyone is looking to become more entrepreneurial. It’s a word that’s often used by big companies on the hunt for innovative thinkers and new ways of doing things. But sadly, the workplace doesn’t always work for those with entrepreneurial minds. It is too rigid, too hierarchical, too conventional. Entrepreneurs, by nature, are rule-breakers, always looking for new opportunities and fresh ideas that could change the world. From my research, they differ from other businesspeople in some fundamental ways – six ways, to be exact. More →

Three quarters of flexible office operators eye expansion and landlords want a piece of the action

Three quarters of flexible office operators eye expansion and landlords want a piece of the action

by • Flexible working, News, Property

Instant Group flexible officeAround three quarters of flexible office operators globally are looking to expand – primarily in city centres – while 64 percent of landlords want to deliver flexible office solutions, according to The Instant Group’s Future of Flex 2022 flexible office survey. The Instant Group’s annual flexible workspace survey, which is based on providers representing more than 3,700 locations across the globe, also delves into changing occupier motivations within the industry, and how both operators and landlords are reacting to these demands. More →

Self-confident bosses are most resistant to change, study claims

Self-confident bosses are most resistant to change, study claims

by • Business, News

Chief Executive Officers with exaggerated self-confidence show a preference for steadiness within organisations, claims new research from the University of Mannheim Business School. Marc Kowalzick, Post-Doctoral researcher at the University of Mannheim Business School, and Moritz Appels, former University of Mannheim PhD student and now Assistant Professor at Rotterdam School of Management, Erasmus University, address a central dilemma in our understanding of CEO hubris: Are these CEOs particularly inclined to change their firms’ trajectories or not? More →

Lambeth plans major expansion in sustainable office space

Lambeth plans major expansion in sustainable office space

by • Company news, Environment, Property

Lambeth plans major investment in sustainable office developmentsLambeth is set for London’s biggest increase in sustainable office space over the next decade with an estimated six million square feet of extra space for business set to be created. A report commissioned by Lambeth Council details this expansion, how it supports the borough’s growth priorities and delivers space fit for the future of work. The report ‘Lambeth: The Future of Sustainable Work’ sets out how expansion supports the council’s bold ambitions to foster well-paid jobs in growth sectors for the borough’s young people, to achieve its Net Zero by 2030 outcome and to create an environment for local entrepreneurs to flourish. More →

People in the West continue to express ambivalence about the metaverse

People in the West continue to express ambivalence about the metaverse

by • News, Technology

An illustration of a suited man using a headset to access the metaverseA new poll from law firm Gowling WLG claims to reveal a stark difference in attitudes in Western and Eastern nations when it comes to the metaverse. It claims that the technology is set to change how we work and socialise forever, and that early adopters like China and the United Arab Emirates are already reaping the economic benefits. The firm’s Immaterial World report compared attitudes towards the metaverse in six international markets. The research found that four-in-five (83 percent) Chinese consumers would consider taking part in virtual experiences, more than twice as many as in the UK (37 percent). More →

Majority of firms currently using technology to plug talent gaps

Majority of firms currently using technology to plug talent gaps

by • News, Technology

In the face of hiring and skills issues, 77 percent of UK organisations say they are finding ways for technology to do jobs formerly performed by people, according to a new poll from Rackspace Technology.  According to the survey, two thirds (64 percent) of UK companies are downsizing their staff, facilitated by technology, out of a necessity, with roles in customer service the most likely to be automated, as identified by 70 percent of business decision makers – followed by IT operations (62 percent), sales and marketing (57 percent), business operations (56 percent), and HR and admin (56 percent). More →

Business owners lose sleep over impact of mental health on their business, but don’t act

Business owners lose sleep over impact of mental health on their business, but don’t act

by • News, Wellbeing

An illustration of the insides of people's head to depict poor mental health A new poll claims that the majority of business leaders say that mental health support isn’t available for their employees or isn’t utilised enough, despite acknowledging how poor mental health impacts business performance. The survey was conducted by GoProposal and is based on 750 small business owners in the UK. It claims that over half of businesses (55 percent) either have no mental health support in place for their employees or have support processes that aren’t used enough. More →

Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

by • News, Wellbeing, Workplace

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. More →

Half of small business owners have no fixed working hours at all

Half of small business owners have no fixed working hours at all

by • Business, News, Wellbeing

A smiling small business owner works at a laptop with coffeeA new report from Samsung suggests that the stereotype of the typical small business owners as a person who work around the clock is outdated. Around half of full-time business owners in the UK say they have no fixed work hours at all, preferring a fluid workday set up. One-third (31 percent) of business owners also said they commit to fewer than 7 hours as a typical core working day, preferring to work when optimal to their businesses. More →

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