January 11, 2019
Good managers shown to play a crucial role in enhancing worker performance
Employers make extensive investments in their employees; investing in hiring and retaining workers that match the firm’s needs. Now new research summarized by Kathryn Shaw, Stanford University, USA suggests that the hiring and training of good bosses may carry even more weight when it comes to workers’ performance. The study in the new IZA World of Labor Report shows a good boss can enhance the performance of their employees and can lower the quit rate. Good bosses have some universal traits: they coach and teach and offer insight into the strategy of the firm. According to Shaw economists are increasingly finding better data to measure the effects of bosses on workers’ performance, as well as the sources of these effects. A recent study of workers in a large firm that performs technology-based service (TBS) jobs found that the move from an average quality boss to one in the 90th percentile raised worker productivity by six units per hour, on a mean productivity of ten units per hour. Thus, when workers move from an average boss to a high-quality boss, productivity could rise by 50 percent. The study also showed that workers were more likely to quit when faced with bad bosses.
Given the latest U turn regarding Brexit, with beleaguered British Prime Minister Theresa May announcing the cancellation of a commons vote on the agreement, a new report into the so called “glass cliff” appointment of women is pretty timely. The term “glass cliff” was coined by researchers Ryan and Haslam in the early 2000s to describe a phenomenon in which women are more likely than men to be promoted to precarious management positions with a higher risk of failure. Aside from May, exemplar cases often used to support the theory include Marissa Mayer, former CEO of Yahoo and Andrea Nahles, Social Democrat party leader in the German Bundestag. 
Technology is in the process of transforming almost every aspect of society, with change happening at an “accelerating rate,” and this is being made possible due of simultaneous rapid advances in several key areas of technology. This is according to a new White Paper on 
The ongoing uncertainty around Brexit has had little impact on both workers’ desire for job stability, and businesses’ assessments of their economic prospects according to Gartner’s latest Global Talent Monitor report. In fact, the UK reported the highest business confidence rating of all European countries surveyed at 60, and above the global average of 57. For employers this has the knock effect that the number of UK employees looking to stay in their current job has fallen sharply over the past 12 months, as 23 percent of employees indicated a low intent to stay with their current employer, a 13per cent increase from the same period last year and 10 percent higher than the current global average (13 percent). While fewer UK workers are committed to staying with their current employers, the number of workers who reported a higher willingness to go above and beyond at work remained flat.
The rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.
Local authorities, which are on the front line of implementation when it comes to smart, place-based digital initiatives could be helped to deliver positive, sustainable citizen outcomes for their locality with the formation of a Digital Board – a new report claims. Launched at techUK’s 
December 17, 2018
Don’t be a turkey, get on the commercial property gravy train
by Jo Sutherland • Comment, Property
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