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The most successful business leaders adopt a courageous approach to technology and the future of work

The most successful business leaders adopt a courageous approach to technology and the future of work

Software consultancy ThoughtWorks has published a new report which claims that the best business leaders share a particular approach to the running of their organisations that the report characterises as ‘courage’. The Next Big Disruption: Courageous Executives claims to revealing what sets top business leaders apart from their competition. The report profiles a segment of leaders referred to as “Courageous Executives” in the US, the UK, Australia and India and the findings ‘underscore the critical role technology plays in business strategy, from navigating the chaos of digital transformation to how they’re setting their business up for future success.’ The report also claims to shed light on the leadership styles of Courageous Executives including their tolerance for risk and failure, their use of customer insights and the ways leaders in all four countries are preparing for the future of work.

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Whatever you might be told, this is not the Office of the Future

Whatever you might be told, this is not the Office of the Future

office of the futureIt seems like we don’t have to wait more than a few days at a time before some or other organisation is making its own prognoses about how we will be working in the future, especially at this time of year. The thing these reports about the office of the future all share in common, other than a standardised variant of a title and a common lexicon of agility, empowerment, collaboration and connectivity, is a narrow focus based on several of their key narratives and assumptions. While these are rarely false per se, and often offer some insights of variable worth, they also usually exhibit a desire to look at only one part of the elephant. The more serious reports invariably make excellent points and identify key trends, it has to be said. However, across them there are routine flaws in their thinking that can lead them to make narrow and sometimes incorrect assumptions and so draw similarly flawed conclusions. Here are just a few.

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The partners of men with flexible working hours have higher incomes

The partners of men with flexible working hours have higher incomes

A new study suggests that the partners of men who have access to flexible working earn significantly more than those who have more rigid working cultures. The study of German couples, conducted by Dr Laura Langner at the University of Oxford’s Department of Sociology, explored changes in incomes once at least one partner is able to begin flexible working. The study suggests that once men started working flexible hours, their wives’ hourly wages increased significantly, particularly if they were mothers (14.2 percent after four years). The husband’s own hourly wages also increased by 7.4 percent over the following four years.

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Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Two major new studies claim to show the impact of temporary or insecure work on the wellbeing of people, especially younger workers. Research into the lives of 7,700 people from the UCL Institute of Education (IOE) suggests that young adults who are employed on zero-hours contracts are less likely to be in good health, and are at higher risk of poor mental health than workers with stable jobs. Meanwhile, an analysis from the Institute for Public Policy Research (IPPR) and Business in the Community suggests that younger workers (born since 1982) in part-time and temporary work – or who are underemployed and/or overqualified – are more likely to experience poorer mental health and wellbeing, compared to younger workers in more permanent and secure work.

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British businesses at risk of creativity crisis, according to new Microsoft research

British businesses at risk of creativity crisis, according to new Microsoft research

British businesses are at risk of a creativity crisis due to workplace cultures that stifle innovation, according to new research launched by Microsoft Surface. Uninspiring workplaces (41 per cent), a stressful atmosphere (34 per cent) and a lack of appropriate spaces to focus and think alone (28 per cent) were all identified as major inhibitors to creativity.  Two in five workers surveyed (40 per cent) say that creativity and innovation are neither encouraged nor rewarded within their workplace – despite creativity being one of the top three skills workers will need to thrive by 2020, according to the World Economic Forum. The research, based on the views of more than 1,100 workers, found that whilst almost three quarters of respondents (73 per cent) consider themselves to be creative, demands of the modern workplace need rethinking, with symptoms such as overworking and stress stifling our ability to tackle problems and produce good ideas. Half of workers (50 per cent) feel least creative when tired, 45 per cent when stressed, while existing workloads (39 per cent) and organisational processes (32 per cent) were also cited as barriers to employees being more creative.

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Retaining working mothers in the workforce is a top HR priority this year

Retaining working mothers in the workforce is a top HR priority this year

Nearly three quarters of employers in a recent poll say retaining female talent in the workforce is the most important issue in HR in 2017, as changes to childcare funding could impact on the recruitment and retention of working mothers. The research, which was carried out by My Family Care and recruitment firm Hydrogen, found that most employers thought that flexible working and supporting working parents and carers was important to them but strikingly, nearly three quarters (70 percent) rate the issue of retaining female talent after parental leave as the most important issue. However, 60 percent of HR professionals said their company provided no form of coaching or training support for their employees going through the parental transition. When it comes to the success of their family friendly initiatives, flexible working proved to be the most successful, followed by their Childcare Voucher Scheme and then enhanced maternity or Shared Parental pay.

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Putting people at the centre of building design could provide large boost to the economy

Putting people at the centre of building design could provide large boost to the economy

More thoughtfully designed workplaces, centred around people’s needs, could improve performance and help tackle the UK’s productivity gap, according to a new report. Applying design thinking to boost workplace productivity by 5-8 per cent could contribute up to £20 billion to GDP. The potential gain in productivity, equivalent to twice the annual contribution to UK GDP made by the aerospace industry, is revealed in research conducted by researchers from Imperial College London in partnership with Atkins. Atkins commissioned the research to better understand and quantify the economic benefit from human centred design. The research claims to examine the ripple down effect on productivity brought about by an human centred focus on health and wellbeing. This in turn has a benefit for future business growth and can enhance the position of the national economy, according to the report. The research claims to support the importance of employees’ experience of the building in which they work and confirms that steps to create the right working environment can have a material impact on staff productivity and wellbeing.

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Higher than average absenteeism rates are impacting on SME’s profitability

Higher than average absenteeism rates are impacting on SME’s profitability

Nearly three quarters (71 percent) of small and medium enterprises (SMEs) say that staff absenteeism is having a big impact on profitability suggests a new survey from Moorepay. The research found that many UK SMEs are experiencing higher than average absenteeism in their business. According to the Office for National Statistics, the average number of sick days for a UK employee is 4.3 days a year and yet almost half (49 percent) of small business owners said staff take more than five days off each year. For 14 percent this figure rises to seven days or more. Yet despite higher than average sick days and the impact on profitability, few firms are taking positive action to reduce absenteeism in their business. This is despite the fact that many feel introducing policies around absences, flexible working, time off for family or medical reasons and return to work programmes can have a positive impact on reducing absenteeism. Almost three-quarters (72 percent) believe the use of such policies could reduce the rate by 11 percent or more.

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Japan introduces new teleworking laws to change work culture in run up to Olympics

Japan introduces new teleworking laws to change work culture in run up to Olympics

It’s not just the UK that took time yesterday to reconsider its relationship with work. Japan launched a scheme to promote teleworking in an effort to address the country’s notoriously poor working culture and ease congestion in the build up to the Tokyo Olympics of 2020. Over 900 companies are claimed to have participated in Telework Day, which will be held on July 24 each year from now until the Olympics opening ceremony on July 24, 2020. Prime Minister Shinzo Abe’s government has already introduced laws to address Japan’s notorious problems with overwork, raise contract workers’ pay, and curb a general abuse of labour laws. Earlier this year, the Japanese government announced plans to impose a cap on overtime of 100 hours a month to reduce the number of cases of “karoshi”, or death from overwork, among its people. The idea is to restrict overtime to an average of 60 hours a month, with a 100-hour limit in busy periods.

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Flexible working increasingly seen as top option, claims major new study

Flexible working increasingly seen as top option, claims major new study

A new report from ManpowerGroup Solutions claims that 40 percent of job candidates cite flexible working as one of their three most important career considerations. The firm polled 14,000 people in 19 countries. Among the countries surveyed, the US had the highest percentage of job candidates who want work flexibility (45 percent). A majority (63 percent) of workers said they believe they can work outside the office, and the number of men who want flexibility has significantly increased according to the study. The report, Work, for Me: Understanding Candidate Preferences for Flexibility, Manpower Group Solutions claims to offer ‘both the immediate steps and the long-term actions that companies can take to better meet their prospective employees’ preferences around flexibility’.

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Employers have a growing responsibility to provide staff with cycling facilities

Employers have a growing responsibility to provide staff with cycling facilities

This month, the British Council for Offices (BCO) launched a new report looking at the importance of offering better workplace facilities for cyclists in order to support the Government’s ambitious cycling growth targets. The Department for Transport’s £1.2bn cycling and walking investment strategy, published in April, aims to make cycling “the norm” by 2040. It plans to do this by improving cycling infrastructure and expanding cycle routes between city centres, local communities and key employment and retail sites, making improvements to 200 sections of roads for cyclists and providing funding for councils to invest in cycling schemes. In addition, city councils across the UK are making improvements to their cycling infrastructure. Last year, Sadiq Khan announced plans to spend £770m on cycling initiatives in London over the course of his term, in order to make riding a bike “the safe and obvious” transport choice for all Londoners. Birmingham City Council has pledged to invest more than £11m in creating two-way cycle paths, resurfacing canal towpaths, and even offering free bikes, with the aim of doubling the number of trips in the city made by bike from 5 percent to 10 percent by 2033, in order to make the city healthier, greener, safer and less congested.

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Over 200,000 British workers will aim for smarter working on Monday as the Summer holiday season begins

Over 200,000 British workers will aim for smarter working on Monday as the Summer holiday season begins

On Monday, 24th July, over 200,000 British office workers from 200 different companies will be given the option to work flexibly as part of the Smarter Working Initiative. The campaign claims to encourages companies to give their staff the opportunity to spend one day working from a location that suits them, to show organisations the positive impact of smarter working. Businesses including Purplebricks, RED Driving School, MediaCom and Farfetch are signed up, with Timberyard, Haus and NearDesk offering free coffee and access to over 40 cafes and co-working spaces across London and the UK. The campaign’s own research claims that nearly half of employers (48 percent) do not encourage flexible working, despite 70 percent of workers saying the option would make a job more attractive to them. Over half of workers (53 percent) stated they would be more productive if they could spend some time working out of the office, and the campaign aims to demonstrate how flexible working results in improved wellbeing, increased productivity and faster business growth.

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