Search Results for: business

Harnessing serendipity in the workplace is about more than facilitating the unexpected

Harnessing serendipity in the workplace is about more than facilitating the unexpected

by • Comment, Technology, Workplace design

What if your company had a great and more frequent ability to discover more valuable things than those for which it were usually looking? How would you then begin to describe your company’s overall level of awareness and sagacity? Does it make your company ’feel lucky’? Inspiring questions and understanding serendipity might give some answers to these and other questions. One of the challenges in answering them lies in the nebulous idea of serendipity in the first place. In many respects the idea of serendipity carries with it a mystical undercurrent and even researchers do not agree about a precise definition. However, serendipity is never a ’happy accident’, it’s much, much more than that. The key elements in the process of serendipity include: 1) a prepared mind 2) an unexpected event, encounter, result or contradiction 3) insight and 4) value creation. Not only is serendipity a process, but it is also a quality of mind.

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New RSA report highlights increasingly precarious and diverse nature of work

New RSA report highlights increasingly precarious and diverse nature of work

by • Flexible working, News, Technology, Workplace

work gig economy flexible workingBritain is dividing into seven new classes of worker as the gig economy grows, according to think-tank the RSA (the Royal Society for the encouragement of Arts, Manufactures and Commerce). Striving, Thriving or Just About Surviving has been published to coincide with the launch of the RSA’s Future Work Centre, following RSA chief executive Matthew Taylor’s employment review for Theresa May last year. The report warns of a 30:40:30 society: while around 30 percent live comfortably, economic insecurity is “the new normal” with 40 percent just managing and a bottom 30 percent not managing to get by.

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Self-employed work an extra month each year compared to full time employees

Self-employed work an extra month each year compared to full time employees

by • Flexible working, News, Wellbeing

One in seven British people work an additional month every year, according to a new survey of 1,000 self-employed workers. The report claims that the self-employed work on average an additional 14 hours per week, compared to permanent roles. The survey, commissioned by online accounting firm Crunch also claims that January is the most stressful time of the year for a third (31 percent) of self-employed workers. The report claims that two thirds (66 percent) of respondents find it difficult to switch off and get to sleep because of work stress, with 72 percent saying financial concerns keep them awake at night, and over one in ten (15 percent) saying it is due to business deadlines, such as the looming self-assessment tax deadline on 31st January.

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If you are flourishing under a psychopath boss, it may be because you are a psychopath too

If you are flourishing under a psychopath boss, it may be because you are a psychopath too

by • News, Wellbeing

It’s still perfectly possible to flourish under a psychopath boss, provided you are one too, according to new research that found the people best placed to cope with a psychopathic manager are those who are psychopaths too; largely because they are not as upset at the bad treatment.  In the workplace, employees respond differently to abusive management styles, in part due to their varying levels of psychopathy, according to a new study from the University of Notre Dame. Certain types of psychopaths actually benefit and flourish under abusive bosses, according to Are ‘Bad’ Employees Happier Under Bad Bosses? Differing Effects of Abusive Supervision on Low and High Primary Psychopathy Employees. The study is published in the Journal of Business Ethics by Charlice Hurst, assistant professor of management in Notre Dame’s Mendoza College of Business.

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Seven workplace stories that made us stop and think this week

Seven workplace stories that made us stop and think this week

by • Features

Americans see both good and bad in trends that are changing the workplace

Seven portraits of modern work in the UK

Podcast: It’s time we accepted that the workplace is not a playground

You knew

Film: The world in 2018 (registration needed)

Health experts recommend standing up at desk, leaving office, never coming back

Delivering business growth through diversity

Only half of organisations are committed to ensuring employees thrive at work

Only half of organisations are committed to ensuring employees thrive at work

by • News, Technology, Workplace

Growth and development matter most to employees, followed closely by fair access to opportunities and equity in pay, yet only half (52 percent) of organisations worldwide have committed to help meet these aims claims new research. As advances in technology, like AI and robotics, disrupt industries and redefine value chains, organisations need to distinguish themselves from others in order to prevail. Thriving organisations – those that transform their work environment into a compelling experience – will be first in building the workforce for the future finds Mercer’s newest research, Thriving in an Age of Disruption. It suggests that exceptional organisations transform work into a compelling experience that meets all employees’ needs, unlocks their full potential and enables them to successfully transition into the future workforce. Employees who are energised and bring their authentic selves to work are 45 percent more invested in their role, while a trusting work environment, a feeling of personal accomplishment, faith in senior leadership, clarity around career paths and a strategy that is responsive to external market shifts and societal needs explain 79 percent of employee confidence in the company they work for.
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World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

by • AI, News, Technology

The World Economic Forum has announced an international expansion of its Center for the Fourth Industrial Revolution. The announcement coincides with this week’s Forum at Davos, which you can follow live here. New affiliate Centers will open in India, Japan and the United Arab Emirates, creating ‘an international network dedicated to maximising the benefits and minimising the risks of emerging technology’. In cooperation with host governments and private companies, affiliate Centers will aim to build on the work under way in San Francisco to close the perceived gap between emerging technology and policy. The Center for the Fourth Industrial Revolution model is to bring together business leaders, governments, start-ups, civil society, academia and international organisations to co-design and pilot innovative approaches to governance for emerging technologies such as artificial intelligence and blockchain.

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Gender discrimination is rife across the workplace says management body

by • Flexible working, Legal news, News, Workplace

Gender discrimination is rife across the workplace says management body

More than four in five (85 percent) of women and 80 percent of men report that they have witnessed gender-discriminatory acts at work suggests the results of new research by the Chartered Management Institute. The CMI’s latest report ‘A Blueprint for Balance: time to fix the broken windows’ looks into gender diversity best practices, and found patchy results. Despite some leading exemplars, the majority of organisations are still struggling to make a meaningful difference to achieving a gender balanced workplace.  According to the report’s survey of 856 managers, just one in four (25 percent) say that their peers and senior leaders ‘actively and visibly champion gender initiatives’. The lack of action cascades down the ranks, with only 19 percent of junior and middle managers believing their senior leaders are committed to the target of gender balance in their organisations. This is in spite of a recent study by management consultants McKinsey that found globally the most gender diverse businesses are 21 percent more likely to financially over-perform than their peers.

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Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

by • AI, News, Workplace

The global economy faces a reskilling crisis with 1.4 million jobs in the US alone vulnerable to disruption from technology and other factors by 2026, according to a new report, Towards a Reskilling Revolution: A Future of Jobs for All, published by the World Economic Forum. The report is an analysis of nearly 1,000 job types across the US economy, encompassing 96 percent of employment in the country. Its aim is to assess the scale of the reskilling task required to protect workforces from an expected wave of automation brought on by the ‘Fourth Industrial Revolution’. Drawing on this data for the US economy, the report finds that 57 percent of jobs expected to be disrupted belong to women. If called on today to move to another job with skills that match their own, 16 percent of workers would have no opportunities to transition and another 25 percent would have only between one and three matches.

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UK in 8th place for global talent competitiveness but gender equality lags behind

UK in 8th place for global talent competitiveness but gender equality lags behind

by • Cities, Legal news, News, Workplace

UK in 8th place for global talent competitiveness but gender equality lags behindThe UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. According to the Global Talent Competitiveness Index GTCI) produced by the Adecco Group, with international business school INSEAD and Tata Communications, the UK has a particularly strong pool of global knowledge skills, a variable for which it is ranked third in the index boosted further by its strong regulatory, market and business landscape. But this is undermined by its internal openness, where it still lags behind, especially when it comes to gender equality. The report also suggests that although Article 50 was triggered in 2017, the ongoing negotiations and continuing lack of clarity over the UK’s position once it leaves the European Union in 2019, means the impact of Brexit is not yet clear.

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Seven of the best workplace stories from the last week (or so)

Seven of the best workplace stories from the last week (or so)

by • Facilities management, Features, Property, Technology, Workplace, Workplace design

The radical idea of a world without jobs

What AI can and can’t do (yet) for your business

WeWork harms 40 percent of coworking spaces in its vicinity

No blind spots in leopards’ eyes: five hopes for Workplace in 2018

Women and men in STEM at odds over workplace equity

Economists grapple with the future of the labour market

Forget Blockchain and Bitcoin, AI is where you should be focussing

Over 50s will come to dominate self-employed workforce by 2024, report claims

Over 50s will come to dominate self-employed workforce by 2024, report claims

by • News, Wellbeing, Workplace

The number of over-50s in work is rapidly increasing, so much so that this demographic is set to make up the majority of the UK’s self-employed workforce within the next seven years. The updated research from Hitachi Capital UK and CEBR (Centre for Economics and Business Research) found a rebalancing of the economy away from younger generations, as the 24 million over-50s in the UK become an increasingly important demographic of entrepreneurs and business owners. The data also suggests that an increasing number of 50-64 year olds choose not to retire and instead stay active in the labour market, with the rate of employment rising significantly between 2012 and 2016 from around 65 percent to 71 percent. CEBR projections show that the number of employed 50-64 year-olds will surpass 9 million before the end of 2018, and by 2021 there will be 10 million 50-64 year olds in work.

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