February 8, 2022

New business climate demands agility from managers, report claims

A new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate. According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum. More →

February 7, 2022

Net zero climate pledges of major companies hide their true intentions

by Neil Franklin • Environment, News, Property

The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. More →

February 4, 2022

Poor workplace culture means people are more likely to pull a sickie

by Jayne Smith • News, Wellbeing, Workplace

A new report from O.C. Tanner calls into question the validity of ‘National Sickie Day’ (7 February 2022), instead pointing to poor workplace culture as the root cause of over a quarter of absences. The 2022 Global Culture Report claims that 28 per cent of UK workers have taken more days off lately to avoid work with over a quarter (26 per cent) admitting that they dread going into work. The study of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K suggests that the pandemic has caused social connections to break down, and this has led to more mental health challenges with lonely and disengaged workers looking for ways to avoid work. More →

February 2, 2022

Business ethics boosted by pandemic

by Neil Franklin • Business, News

Entering the third year of a pandemic, more professionals responsible for business ethics and compliance worldwide say that their ethical culture is more potent as a result of the COVID-19 pandemic, according to the latest annual Ethics and Compliance Program Effectiveness Report from LRN. But, while values and ethics helped sustain companies during the pandemic, new areas of concern have emerged. And, there is a significant gap between companies with high-impact ethics and compliance (E&C) programs and those with low-impact ones. The top-ranked programs were proactive, utilised available resources, and made their programs more accessible to employees. High performing organisations also scored 27 percentage points higher than low-performing ones when it came to weathering COVID. More →

February 1, 2022

Half of business leaders now paralysed by decision making

by Neil Franklin • Business, News

Half (48 percent) of UK C-suite leaders now feel less confident making business-critical decisions compared to before the pandemic, according to a report (registration / promotion) commissioned by Treasure Data. The survey of 500 business leaders in the UK the impact the pandemic has had on leadership decision-making, and reviews whether these decision making processes are fit for purpose in a new era of unpredictability. More →

January 31, 2022

Business leaders have undue confidence in the idea of hybrid working

by Jayne Smith • Flexible working, News, Technology

Flexible working has overtaken salary as the top benefit to employees (59 percent), highlighting that flexibility and autonomy over the working day is now more important than financial reward for most workers. This is according to a new report from Jabra; the Jabra Hybrid Ways of Working 2021 Global Report carried out amongst 5,000 knowledge workers in five countries worldwide, including the UK. However, the report also suggests that many business leaders have a false sense of confidence in their ability to implement hybrid working.

January 20, 2022

Lack of ‘face time’ leaving people feeling disengaged

by Neil Franklin • News, Wellbeing, Workplace

Around two thirds of professionals say they are ‘highly likely’ to leave their job this year due to a lack of face time with leaders within their organisation. Following the announcement yesterday from Government that working-from-home restrictions will be dropped, an annual employee survey from recruiter Robert Walters claims to reveal the potential damage of upholding remote leadership in 2022. Results from survey suggest a correlation between a decrease in output and morale for professionals who claim they see their manager (face-to-face) less than once a week. More →

January 18, 2022

Third of people don’t trust their leaders at work

by Neil Franklin • News, Workplace

Leaders need to work harder to build trust among employees with 32 per of U.K. workers admitting to not trusting senior leaders. These are the findings from O.C. Tanner’s 2022 Global Culture Report which analysed the perspectives of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K. The findings are a marginal improvement on 12 months’ ago in which slightly more workers (35 per cent) confessed to not trusting senior leaders. More →

January 18, 2022

How to provide a great place to work for remote workers

by Richard Guy • Company news, Flexible working

Remote working swiftly evolved from a stopgap lockdown solution into a globally successful workstyle – and it’s set to stay. According to research quoted by CityAM, “84 per cent of UK businesses plan on having a hybrid, flexible or remote workforce following the pandemic”. Some companies, like Deloitte, have placed all bets on remote in closing their offices and basing employees from home, enjoying a vast reduction in operational costs. This flexibility has offered immediate benefits for remote workers, ranging from lifestyle and financial to positive influences on wellbeing. Workers in particular social groups have experienced life-changing situations, securing work in previously inaccessible geographic locations. More →

January 11, 2022

Great Resignation offers firms a chance to create the Great Retention

by Erin Eatough • Comment, Flexible working, Wellbeing, Working culture

The last 18 months have seen unprecedented change. Covid-19 has forced people to re-evaluate every aspect of their lives, including their career. As a result, we’ve seen a surge in workers taking charge of their careers and leaving their jobs as part of the so-called Great Resignation. Recent data from the ONS shows that there were nearly 1.2 million job vacancies in the UK this quarter, with 15 of 18 sectors reporting record numbers. More →

January 5, 2022

‘Great Resignation’ offers a one off opportunity to rethink our relationship with work

by Pip White • Comment, Flexible working, Technology, Wellbeing

After nearly two turbulent years, which for many knowledge workers have been dominated by a ground-hog day like existence, people are looking for change. This is only natural as workers around the world are re-evaluating their priorities, reigniting their passions, or simply looking for something new. This has led to a mini-exodus from businesses, which is now being dubbed the ‘Great Resignation’. More →

December 14, 2021

Corporate boards struggle to act on climate change

by Jayne Smith • Business, Environment, News

Heidrick & Struggles (Nasdaq: HSII) in partnership with INSEAD, have published a report titled Changing the Climate in the Boardroom. The report addresses corporate leadership’s take on climate change, what boards around the world are currently doing to address climate change, and what they should be doing moving forward. More →