Search Results for: covid

Not just cuckoo clocks. Why Switzerland is the world’s most innovative country

Not just cuckoo clocks. Why Switzerland is the world’s most innovative country

by • Business, News, Technology

Switzerland retains its long-standing position as the world’s most innovative economy, followed closely by the United States, Sweden, the United Kingdom, and SingaporeIn Orson Welles’ famous scene-stealing cameo in The Third Man, his character Harry Lime comes out with that (in)famous speech about Swiss culture. “In Italy for thirty years under the Borgias, they had warfare, terror, murder, and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance,” he says. “In Switzerland, they had brotherly love, they had five hundred years of democracy and peace, and what did that produce? The cuckoo clock.” This does the Swiss a disservice in a number of ways, not least that a major new report claims that Switzerland is maintaining a long tradition as the most innovative country in the world. (more…)

Public sector productivity gap costs UK economy eighty billion pounds a year

Public sector productivity gap costs UK economy eighty billion pounds a year

by • News, Workplace

A widening gap in productivity between the UK’s public and private sectors is costing the economy around eighty billion pounds annually, according to new analysis from EYA widening gap in productivity between the UK’s public and private sectors is costing the economy around eighty billion pounds annually, according to new analysis from EY. The report, Mind the productivity gap, claims that if public sector productivity had kept pace with the private sector since 2019, the economy would now be three per cent larger. Instead, public sector productivity has fallen by over eight per cent since the pandemic. (more…)

How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

by • Business, Company news

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Moments of wonder can help to fend off depression and stress, research finds

Moments of wonder can help to fend off depression and stress, research finds

by • News, Wellbeing

A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stressThere’s a famously apocryphal story about the making of the 1965 biblical epic The Greatest Story Ever Told. During a rehearsal, John Wayne, playing the Centurion at the Crucifixion, was asked by director George Stevens to deliver his line about Jesus Christ being the Son of God “with awe.” So, in the next take, the actor changed the line from the Bible to: “Awe, truly this man was the son of God.” Turns out that a daily dose of awe may be just what we all need. A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stress, even in individuals coping with persistent physical and mental health challenges. (more…)

Office design and the office market are not what you might be led to believe

Office design and the office market are not what you might be led to believe

by • Comment, Workplace design

The future of office design is that the physical workplace will resemble nothing so much as an upscale hotel, right? Right?Over the weekend The Times published an article headlined “The ‘super-prime’ offices designed to lure WFH staff back in”. It described how firms are reshaping offices in the image of upmarket hotels, with enticing features such as gyms, childcare, cinemas, climbing walls, lounges and restaurants (run by Gordon Ramsay natch). These are luxury spaces to make the office worth the commute, as the cliché goes. Although the author concedes that this is largely a London phenomenon in the UK, the implication is that offices everywhere must ape this office design approach to some degree to meet the demands of the post-covid workforce. This is compelling stuff and not the first time you will have heard the argument. But, is it true? (more…)

Co-working spaces bring a whole range of benefits for employees and communities

Co-working spaces bring a whole range of benefits for employees and communities

by • Comment, Flexible working, Property, Workplace design

Today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic.When you think of co-working spaces – where workers from different industries come together to share a convenient workplace – you might picture a group of young freelancers hunched over laptops. But today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic. As workplaces adapt to new ways of operating, from hybrid to “digital nomadism”, co-working spaces can do more than simply offer flexibility. They can support workers’ wellbeing and work–life balance by enhancing a sense of community, building trust and new friendships, and encouraging continuous learning. (more…)

Remote work can boost innovation, but culture eats it for breakfast

Remote work can boost innovation, but culture eats it for breakfast

by • Flexible working, News

The effects of remote work on innovation can vary dramatically depending on the cultural context of a country, according to new research by Durham University Business School.The effects of remote work on innovation can vary dramatically depending on the cultural context of a country, according to new research by Durham University Business School. Analysing data from over 8,000 firms across 21 countries, the study suggests that remote working significantly enhances innovation in cultural contexts characterised by low power distance, high indulgence, and notably, short-term orientation. It found that companies based in European countries, like Lithuania, Latvia and Hungary, experienced far greater innovation gains from flexible working compared to companies in more hierarchical and long-term planning cultures such as the Middle East and African region. (more…)

Negative feelings about work continue to grow, especially for managers

Negative feelings about work continue to grow, especially for managers

by • AI, Flexible working, News, Technology, Wellbeing

People are becoming increasingly disengaged from work at a time when technological change is demanding more from them than everThe State of the Global Workplace: 2025 Report from Gallup frames a stark warning to business leaders and policymakers: people around the world are becoming increasingly disengaged from work at a time when technological change is demanding more from them than ever before. As artificial intelligence (AI) accelerates across industries, transforming everything from operations to communication, the human foundations of the workplace—employee engagement and wellbeing—are showing signs of deep strain. (more…)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

by • Flexible working, News, Workplace

The Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employeesThe Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employees who began their careers during this unprecedented period, according to new research published by BSI in collaboration with the think tank ResPublica. The study, part of BSI’s Evolving Together series, claims to provide a comprehensive picture of a workforce cohort shaped by the pandemic and explores how these formative experiences continue to influence their expectations and behaviours. Drawing on a global survey of 4,700 individuals who entered the workforce during or since the pandemic, as well as focus groups and international literature reviews, the research sets out to paint a nuanced portrait of the so-called “hybrid generation”. (more…)

Outdated offices are sabotaging ‘return to office’ policies

Outdated offices are sabotaging ‘return to office’ policies

by • Comment, Flexible working, Technology, Workplace design

The debate over whether to return to the office or sustain a remote team has become one of the most significant workplace discussions in recent yearsThe debate over whether to return to office work or sustain a remote team has become one of the most significant workplace discussions in recent years. Companies are struggling to balance remote and in-office work, yet strict return-to-office (RTO) mandates are failing to deliver the intended results. While many assume the COVID-19 pandemic was the advent of hybrid work models, in reality, many businesses had already begun adopting flexible work arrangements before the pandemic accelerated the shift to remote working. (more…)

Hybrid working businesses say they are more optimistic about their future profitability

Hybrid working businesses say they are more optimistic about their future profitability

by • Flexible working, News, Property

A new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growthA new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growth in the year ahead than those which do not offer employees flexibility about where they work. This follows a spate of so-called return-to-office-mandates from major corporates including Amazon and WPP. A study of more than 500 CEOs and senior business leaders by  found that 69 percent of businesses offering hybrid working had a positive outlook for 2025 compared to 44 percent of non-hybrid companies. (more…)

BSI launches research into how young people are affected by hybrid working

BSI launches research into how young people are affected by hybrid working

by • Flexible working, News

Young people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid workingYoung people who began their careers around the start of the Covid-19 pandemic or soon after are being invited to share their experiences of the workplace, as part of an inquiry into the effects of hybrid working. To mark five years since the first lockdowns began globally, business standards and improvement company BSI is investigating the impact of the restrictions on younger workers, and how transformed ways of working have shaped subsequent career journeys. As part of this BSI has opened a public call for evidence, inviting submissions from individuals or groups with relevant experience on the topic. (more…)

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