Search Results for: leadership

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

by • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. (more…)

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

by • AI, News, Property, Technology

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. (more…)

Employee wellbeing advocate shortlisted for Veuve Clicquot Bold Awards

Employee wellbeing advocate shortlisted for Veuve Clicquot Bold Awards

by • Company news, Wellbeing

Francesca Brady, founder of AirRated who advocates for employee wellbeing and cleaner air in the workplace has been named as a finalist in Veuve Clicquot’s Future AwardsFrancesca Brady, founder of AirRated who advocates for employee wellbeing and cleaner air in the workplace has been named as a finalist in Veuve Clicquot’s Future Awards, the international awards programme celebrating businesswomen. Previous winners include Professor Dame Sarah Gilbert, the inventor of the Oxford AstraZeneca COVID vaccine and Jo Whitfield, CEO of Co-Op Food. Francesca’s work highlights the dangers of a polluted workplace, as research shows the link between pollution, cognitive decline, dementia and poor employee wellbeing and mental health. (more…)

We need to talk about loneliness

We need to talk about loneliness

by • Company news, Wellbeing

From a business perspective, loneliness can be something that is often overlooked, particularly with the growing trend of hybrid workingLast year the World Health Organization (WHO) declared that loneliness is a pressing global health threat. Research has shown that it poses the same health risk as 15 cigarettes a day. According to the ONS, between January and February 2024, one in four adults in the UK reported feeling lonely. The government estimates the cost of severe loneliness per person is roughly £10,000 per year as a result of its impact on wellbeing, health and productivity. From a business perspective, this issue can be something that is often overlooked, particularly with the growing trend of hybrid working. In a connected workplace, employees feel valued, supported, and motivated to contribute their best. (more…)

Rejection of flexible working request shouldn’t blind employers to their legal duties

Rejection of flexible working request shouldn’t blind employers to their legal duties

by • Comment, Flexible working

Amy Leech of Shoosmiths looks at a recent case following the rejection of a flexible working request and considers its implicationsFlexible working has continued in many workforces since the pandemic. The most common pattern is a hybrid one where employees split their time between the office and home. However some employees are now looking to work remotely on a permanent basis. This is what happened in Wilson v Financial Conduct Authority 2302739/2023. The Claimant submitted a flexible working application requesting to work entirely remotely using her computer and other electronic equipment and to complete all her work without attending a physical office location. The Respondent’s policy was that post-pandemic, the Claimant was expected to work in the office 40 percent of the time and could work the other 60 percent remotely. (more…)

Employee turnover will skyrocket if firms monitor office attendance, says former EY leader 

Employee turnover will skyrocket if firms monitor office attendance, says former EY leader 

by • Flexible working, News

The so-called Big Four consultancy firms risk increasing their employee turnover and drastically lowering their retention if they continue monitoring office attendanceThe so-called Big Four consultancy firms risk increasing their employee turnover and drastically lowering their retention if they continue monitoring office attendance, says former EY leader and CEO of AM Bank, Dr. Nahla Khaddage Bou-Diab. The intervention follows news that professional services giant Ernst & Young is monitoring UK staff office attendance. (more…)

Most firms don’t have AI guidance in place for internal comms

Most firms don’t have AI guidance in place for internal comms

by • AI, News, Technology, Workplace

Over two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communicationsOver two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communications, according to Gallagher’s 2023/24 State of the Sector report [registration]. Furthermore, the study, which drew insights from more than 2,300 communication and HR leaders across 56 countries, claims that 1 in 10 communicators (13 percent) were unsure if their organisation was using AI. (more…)

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

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

by • Business, News

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 three biggest disruptors of our time

The three biggest disruptors of our time

by • AI, Business, Comment, Environment, JB, Technology

When we look at the context for change, we many times just look internally at what we think needs to change for whatever reason and then set about making that happen. Rarely do we think about what is going on for the people within the organisation and just how ready they and the organisation itself are for the actual change and the disruptors that underly it. Are there the right people, systems, processes, etc in place to support the change or are there a number of elements that will hinder it?  Not to mention the fact there will be a number of external elements that could and will also either help or hinder the change one way or another. (more…)

British workers don’t want people to think of them as ambitious

British workers don’t want people to think of them as ambitious

by • Business, News

Ambition is a word now out of favour in the British workplace, according to Randstad’s latest global Workmonitor survey [registration] with workers in the UK less willing to describe themselves as ambitious than workers in other countries. The research, which surveyed 27,000 workers in 34 countries across Europe, Asia Pacific and the Americas, shows that while more than half (56 percent) of workers globally consider themselves to be ambitious, only 42 percent of workers in the UK do. Workers in other countries — including China (80 percent), Malaysia (73 percent), and India (90 percent) — are more likely to describe themselves as “having career ambition”. (more…)

People have some very interesting views about their own productivity, and that of everybody else

People have some very interesting views about their own productivity, and that of everybody else

by • News, Workplace

Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels.Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels. They also think that people working in HR, marketing, and senior management roles are the least productive. According to the poll, UK employees perceive HR teams as being particularly unproductive, compared to other colleagues and departments in their organisations. (more…)

Over one quarter of employees do not trust their CEO to be honest and transparent

Over one quarter of employees do not trust their CEO to be honest and transparent

by • News, Workplace

A new poll claims that over one quarter (26 percent) of employees in the UK do not trust their CEO to be open and honest, while 24 percent do not trust their senior leadership to do the same. According to the survey of 2,000 employees in the UK from Personio, transparency and employer-employee communication are pivotal to a positive employee experience and trust in the workplace. The research suggests that feeling unheard by leadership could be fuelling employees’ distrust. Over a quarter (28 percent) of employees surveyed say that they are not given a chance to share feedback to leadership on their experiences. Meanwhile, less than half (46 percent) of employees feel that leadership in their organisation actually listens and acts on any feedback when given from staff. (more…)

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