Search Results for: budget

Sheer volume of data can make marketers blind to strategy

Sheer volume of data can make marketers blind to strategy

The vast majority (83 percent) of senior marketers are struggling to adapt to the volume of data available to them, while 80 percent feel the industry as a whole focuses on too many performance metrics, according to a new report from research company Censuswide and Domo. The study polled 681 senior marketers around the world on their opinions, routines and plans for the future. It revealed that analytics, from a vast number of sources, are driving ‘data blindness’ as marketers lose sight of KPIs, and 78 percent of respondents admit to chasing short-term results over long-term strategy. (more…)

Getting a sense of productivity and motivation

Getting a sense of productivity and motivation

The five sensesWhen business operators are planning their company’s office, price is often chief among their priorities. Keeping the fixed cost of real estate low helps companies project—and increase—their expected income. Price is not just a consideration when it comes to rent; assets such as office furniture are often purchased en masse and for purely utilitarian reasons. Sure, a business is saving money by designing a no-frills, utilitarian office, which some Feng Shui experts would agree with, but what they are ignoring is how space affects productivity, motivation and enjoyment. (more…)

Wellbeing rather than growth should be focus of government policy

Wellbeing rather than growth should be focus of government policy

An illustration of a person's head with a heart to illustrate their wellbeingPersonal wellbeing rather than economic growth should be the primary aim of government spending, according to a new report from the from the all-party parliamentary group on wellbeing economics which urges a complete change in thinking from ministers,.Gus O’Donnell, who served as cabinet secretary, said Britain could lead the world by making the issue the primary goal of government policy. (more…)

Report calls for investment in line management training

Report calls for investment in line management training

More than two-fifths (45 percent) of workers believe their line manager don’t help morale at work and one in three (32 percent) feel uncomfortable approaching management about work problems, according to a poll published today. The TUC report, Improving Line Management claims that while the majority of UK workers feel supported by their bosses, more than a third (35 percent) don’t think that their line manager treats them and their colleagues fairly. The TUC says the findings expose the patchiness of management training in the UK, as despite being crucial to workers’ well-being and productivity, less than half of UK managers got any training in the last year, according to most recent government statistics.

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Is stress killing creativity and innovation in your organisation?

Is stress killing creativity and innovation in your organisation?

Around 90 percent of CEOs state that they are displeased with returns of their investments into innovation. Companies invest in innovation projects, hire innovation consultants, run innovation workshops, and send their best and brightest to conferences and courses on innovation, yet fail to see the magic appear. Angered by this, many companies double down, throwing yet more money on innovation, only to see that returns fail to appear.

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Your company has a culture, whether you have designed one or not

Your company has a culture, whether you have designed one or not

Company culture has been in the spotlight even more than usual recently, with stories continuing to surface about the impact that it is having on businesses. The most recent being Revolut, who were called out on their questionable culture and business practices. The issues were put down to “growing pains” and a lack of budget. The truth is, every company has a culture It’s not the state-of-the-art office, the bean bags or pool table. It boils down to the founding principals and the way business gets done. It is the feel of the work environment and the way people treat each other and your implicit attitudes and behaviours. Ultimately, all of these things are in your hands — if you take it seriously from the beginning.

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UKGBC issues circular economy guidance for construction clients

UKGBC issues circular economy guidance for construction clients

UKGBC issues circular economy guidance for construction clientsNew guidance has been launched by the UK Green Building Council (UKGBC) to assist client organisations to include more ambitious circular design and construction best practices in project briefs for non-domestic projects. It addresses the commercial realities associated with making this practically happen and provides support and evidence to assist clients in setting clear strategies that ensure budget, project timescales and risks are all minimised and mitigated. The guidance may also be helpful for those in the supply chain looking to support construction clients on their journey towards specifying and practically applying circular economy principles.

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RICS’ new commercial property service charge rules come into effect today

RICS’ new commercial property service charge rules come into effect today

RICS' new commercial property service charge rules come into effect todayNew service charge rules which aim to ensure there are no hidden costs and clarity around disputes, come in to force today (1 April 2019) and are mandatory for RICS professionals. ‘Service charges in commercial property’ has been developed with industry leaders, including major property organisations and professional bodies to secure transparent, upfront and fair costs for businesses as part of the maintenance and upkeep of their building. Amongst the rules, any charges incurred by the tenant must be explained fully at the outset and in accordance with the terms of the occupational lease, whilst any upkeep costs not specifically mentioned or explained in a lease must be made irrecoverable from the tenant.

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Greatest motivator for employees is more recognition, whether monetary or not

Greatest motivator for employees is more recognition, whether monetary or not

Job recognition most important factor for employee motivation

The biggest motivator for staff at work is more recognition, whether monetary or not, according to a new survey on rewards at work by XpertHR. When asked which rewards are most important to employees, more than half (53 percent) said higher basic pay, followed by a wider range of benefits (37.1 percent), but being recognised for the work they do was also cited as an employee priority by 56.1 percent of respondents). The survey also claims that employers are facing a constant battle to get employees’ salaries at the right level. Almost all (97.7 percent) organisations questioned said they would be looking at salary levels in some way over the coming year – whether that be through the annual pay review, benchmarking salaries against the market or complying with the national minimum wage legislation.

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On International Woman’s Day – why advancing women is still not a business priority

On International Woman’s Day – why advancing women is still not a business priority

It has probably not escaped your notice that today is International Woman’s Day, which for Workplace Insight means a plethora of studies on the topic of women/jobs/salaries and ways women might work differently to men. We’ve decided not to waste anyone’s time and ignored most of them (particularly the patronizing ones on how ladies are so intuitive) but managed to find a few kernels of information. First, the good news that women have doubled their share of top jobs at technology companies, pulling in higher salaries than men last year, according to executive search firm Odgers Berndtson. (more…)

Landlords must respond in new ways to the changing world of work

Landlords must respond in new ways to the changing world of work

Hammocks, remote working, hot-desking. Contrary to common belief, these aren’t the only conversations landlords are having with designers on how to approach their workspaces for today’s tenants. Rising property values, the growth of flexible offices and political uncertainty have forced landlords to change the way they market their properties to respond to the demands of occupiers. And with no sign of London’s commercial office marketplace calming in the near future, the need for landlords to remain flexible and create channels of communication with their tenants, remains strong. (more…)

Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior supportA lack of senior stakeholder support is the greatest inhibitor of change, new research suggests as despite considerable enthusiasm to innovate, organisations are being thwarted by tight resources and strong internal resistance. The data commissioned by KCOM found that organisations are also limiting themselves by turning away the specialist skills and experience that could help them advance, through overly predictive procurement processes. They are however, eager to be more competitive, which is why organisations are making big investments in innovation projects. Almost half (43 percent) consider driving digital transformation to improve competitive advantage to be their top priority in the next year. A further 32 percent are allocating at least 20 percent of their IT budget to new projects. Both public and private sector organisations are also taking an increasingly people-centric approach to digital transformation. In the next year, 80 percent said they would incentivise staff retention through training, accreditation and career development to deliver on their innovation strategy. This is compared to 71 percent who said they would do so by investing in new technologies.

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