Search Results for: consequences

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

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

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 →

The final word on … responsibility

The final word on … responsibility

There have been many experiments  over the years that expose the darker aspects of human nature. One of the most telling of these was carried out by two American researchers called John Darley and Bibb Latane in 1968. The two men’s work was partly inspired by a notorious 1964 murder in which a woman called Kitty Genovese was stabbed to death in public. The murder took place over a period of around half an hour, during which a number of witnesses who watched the crime from their windows failed to help the victim.

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Gossiping at work really is bad for your career

Gossiping at work really is bad for your career

Gossiping at work can have serious negative impacts on your career, according to new research by Durham University Business School and NEOMA Business School. Not only are gossipers frowned upon by other work colleagues, they also become socially excluded in the company, and can experience negative career-related impacts as a consequence of their storytelling. More →

Amazon employee claims he was told you’ve still got a job, but not a role

Amazon employee claims he was told you’ve still got a job, but not a role

An employee claims he has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority.Last year Amazon made headlines for making 27,000 people redundant as part of a long-term cost-cutting exercise. One of the consequences was a fall in the firm’s share price. Now an employee has claimed in a blog post that the firm is handling its downsizing in more creative ways. Justin Garrison claims in the post that has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority. More →

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. More →

Tailored workplace management for modern organisations

Tailored workplace management for modern organisations

Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority.Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority. The COVID-19 pandemic has accelerated the process of digital transformation, leading to the implementation of new processes and technologies that focus on facilitating remote and at-home work. As a result of these changes, organisations have recognized the importance of finding a balance in their work environments. More →

Business leaders who screw up struggle to own up and learn from their mistakes

Business leaders who screw up struggle to own up and learn from their mistakes

Leaders making mistakes can be costly not only to the organisation, but also to their own job security, which makes it difficult for them to admit when there’s been an error. However, new research from emlyon business school shows that there are some techniques CEOs can use to frame these mistakes, in order to ensure they keep their jobs, but also make changes in their organisation. When there is this clear trade-off between admitting a mistake and potentially losing power and control in the organisation, it is important that CEOs use their language effectively to create a safe space for themselves in the organisation – but how can they do so? More →

Many business leaders inadvertently create a culture of fear at work

Many business leaders inadvertently create a culture of fear at work

A new poll of workplace leaders suggests there is an environment of unconscious fear in modern-day leadership, leading to toxic culture, stunted growth, performance and productivity, and decision inertia. The global study of 2,500 emerging leaders in corporate businesses by consultant Margot Faraci, claims that around one quarter (23 percent) of UK leaders are unconsciously creating an environment of fear with direct reports. Globally, this figure rises to one in three (30 percent), indicating a growing worldwide phenomenon of fearful leadership. Fearful leadership carries significant implications for team morale, performance, and overall well-being within organisations. It’s often attributed to past experiences, creating an ongoing cycle of leadership driven by fear. More →

The office needs to take on the characteristics of the city. Despina Katsikakis IN conversation

The office needs to take on the characteristics of the city. Despina Katsikakis IN conversation

Despina Katsikakis, the new President of the BCO has been shaping the way we think about offices for four decades

One of the unintended consequences of the era of online meetings is a chance to gain an insight into people’s actual lives. So it is that as Despina Katsikakis and I are talking, she spots my whippet Luna wandering into shot in the background and lets out an exclamation. She too has a whippet by her feet. And as a result, this abnormal, formal situation becomes a lot more normal and relaxed.   More →

The future of work has no destination, there is only the journey

The future of work has no destination, there is only the journey

One of the truisms about depictions of the future is that they often have more to say about the world in which we live than the one to come. So, when George Orwell wrote  Nineteen Eighty-Four the story goes that its title was derived by inverting the numbers of the year in which it was written – 1948. Whatever the truth of this, Orwell understood it was a book as much about the world in which he lived as the one it portrayed. Our images of the future are invariably refracted through the prism of the present. This is just as true for predictions about the future of work, many of which are explored in the new issue of IN Magazine.

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Half of firms won’t meet 2030 decarbonisation target, report claims

Half of firms won’t meet 2030 decarbonisation target, report claims

Fewer than 50% of organizations expect to meet decarbonisation targets by 2030, study reveals A new report from Siemens Infrastructure claims that there is limited agreement amongst businesses on how best to progress towards a decarbonised and resource-efficient world and under half expect to meet their net zero targets based on current thinking. According to the Transition Monitor 2023: The Great Divide on The Path to Net Zero report, whilst more than half of those surveyed believe the infrastructure transition is accelerating in their region, a quarter of senior executives said that progress on decarbonisation is “too slow”, while 29 percent believe progress is “coordinated”, and 31 percent describe it as “on target”. More →

Working from home won’t last forever… will it?

Working from home won’t last forever… will it?

The so-called return to office and pushback on  working from home seems to be the must-talk topic on workplace strategy right nowHave we all gone a little OTT on RTO? The so-called return to office and pushback on  working from home seems to be the must-talk topic on workplace strategy right now; a heated debate ignited by Zoom’s recent call to reduce remote working days for its employees.  Many have been surprised at how polarising this decision has become. Who would have thought that a global business asking employees to work from the office two days a week could cause such controversy? Even if that business does specialise in video calls for remote work? More →