Search Results for: leadership

Lack of leadership stifles workplace creativity

Lack of leadership stifles workplace creativity

by • News

the spotlight on leadershipThe UK’s workforces are being creatively stifled because of high pressure and a lack of leadership skills, a new study claims. A study of 1,000 workplaces published in Thinking On Your Feet, a report by the commercial arm of the Royal Academy of Dramatic Art, RADA Business, has found that almost half (41 percent) of UK workplaces implement practises that have a detrimental effect on employee empowerment and their ability to think creatively. The study also reveals that 75 percent of workplaces lack the right environment to enable improvisation to thrive, leaving workers feeling unsupported and stressed. (more…)

Digitalisation hindered by lack of leadership

Digitalisation hindered by lack of leadership

by • News, Technology

digitalisation held back by lack of leadershipDespite its importance in staying competitive and accelerating growth, business leaders are not seen as driving their company’s digital transformation, according to Mercer’s latest survey report, ‘Still transforming or already performing?. While 61 percent of UK HR leaders confirm that digitalisation is embedded in their company’s corporate strategy, only 3 out of 5 rate leadership as the main driver of transformation. (more…)

Ancient Greek wisdom for the leadership crisis of the 21st Century

Ancient Greek wisdom for the leadership crisis of the 21st Century

by • Features

What makes a good leader? This question confronts us at every election and with every domestic and international policy decision. As a professor of classical languages and literature for more than 30 years, I marvel at our insistence on addressing this question as if it were brand new. Centuries ago, myths helped the Greeks learn to reject tyrannical authority and identify the qualities of good leadership. As I write in my book Enraged, the same myths that long predate the world’s very first democracy have lessons for us today – just as they did for the ancient Greeks centuries ago. (more…)

Is leadership the missing variable in the productivity equation?

Is leadership the missing variable in the productivity equation?

by • News

Quality of leadership is reported to be the single most important factor to impact the level of productivity in an organisation according to a new international research study. The report, The Puzzle of Productivity: What enhances workplace performance? was compiled by the Fourfront Group, The United Workplace (TUW) and WORKTECH Academy. It found that more than half of respondents surveyed (53 percent) named leadership as the most important factor in raising organisational performance. Less than a fifth of respondents named environment, technology or wellness as being the most important factor. Environment came second to leadership, but a long way behind on 18 per cent of the survey. More than half of the organisations surveyed worldwide (54 percent) said that ‘inspiring leadership’ is the best way to motivate staff to improve performance, whereas a ‘well designed workplace’ scored much lower on 19 percent with ‘a focus on wellness’ (14 percent) and ‘seamless tech’ (13 percent) even further down the field.

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Bosses warned about major leadership changes in a tech-driven economy

Bosses warned about major leadership changes in a tech-driven economy

by • News, Technology, Workplace

Bosses warned about major leadership changes in a tech-driven worldWith companies holding ever greater amounts of data and facing heightened scrutiny through social media, employers need to consider the wider implications of their business decisions. This was the message of the President of the Chartered Management Institute (CMI), who has warned business leaders and students in Birmingham of the challenges facing bosses in the rapidly evolving tech and data-driven economy. Speaking at the annual MacLaren Memorial Lecture at Aston University, Bruce Carnegie-Brown told the 200-strong audience that the digital revolution is having a transformative effect on the priorities of business leaders, which pose new management challenges. “The growth of social media has made an invaluable contribution in democratising the control of information, he said by, “increasing transparency through universalising access to data and doing it in real time”. Carnegie-Brown, who is also the chairman of Lloyd’s of London, added: “With information more accessible than ever before, those that own or collect data find themselves with huge amounts of power – both social and commercial. But with great power comes great responsibility and balancing these two forces is the greatest leadership challenge of today’s generation of business leaders.”

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Majority of employers want students to acquire leadership skills but few offer placements

by • News, Workplace

The majority of employers want students to have work experience to help acquire leadership skills, yet not even a third say they actually offer placements. This is according to new research published today by the Chartered Management Institute (CMI) which is calling on employers to collaborate with business schools and universities in creating courses to provide future leaders. The Chartered Management Institute’s 21st Century Leaders report found that seven in 10 (70 percent) of prospective employers now want management, enterprise and leadership modules made available to all higher education students to improve their work-ready skills. Two-thirds (66 percent) of employers say they want to see graduates achieve professional qualifications as well as their main degree. The growing emphasis on graduate employability has been driven by employers concerned about skills shortages, with 82 percent of employers reporting problems recruiting managers. A majority of managers (85 percent) said work experience should be embedded into courses to help develop these skills and make students more employable. Yet only 29 percent of businesses work with business schools to offer placements.

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Managers with a high IQ might be too clever for their own good when it comes to leadership

by • News, Workplace

The perfectly obvious assumption that there is a direct correlation between high intelligence and fitness leadership has been called into question by researchers from the University of Lausanne. In a paper published in the Journal of Applied Psychology, the team of academics suggest that too much intelligence might actually harm the effectiveness of leaders, describing the correlation between IQ and perceived leadership ability as ‘curvilinear’. This means that, at a certain level of intelligence, people can become too clever for their own good – and the good of their colleagues and employer.

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Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

by • News, Workplace

A new study from recruitment consultancy Green Park claims that the leadership pipeline, supplying the highest tier of management in FTSE 100 companies now includes the highest level of ethnic minority talent for four years. According to the study, progress is being made with ethnic minorities moving up the management funnel, though at five percent of those in the pipeline it still is not a fair representation of British society. While the pipeline is improving there remains a question over whether minorities can break through the glass ceiling, as the top roles in companies remain a closed shop for ethnic minority and female leaders. There has been a decrease of 18 percent in the number of ethnic minorities holding positions at Chair, CEO and CFO level in FTSE 100 companies.  Almost six in 10 (58 percent) main boards in the FTSE100 currently have no ethnic minority presence. This is a slight improvement on the 62 companies that recorded all-white main boards in last year’s report. Yet it calls into question whether the target set in Sir John Parker’s consultation document that no FTSE board should remain mono-racial by 2020 will be met.

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Global lack of female leadership, despite benefits to companies’ performance

Global lack of female leadership, despite benefits to companies’ performance 0

by • Legal news, News, Workplace

Female leadership still not high around the world

Gender inequality remains high around the world – despite the fact that new research suggests how female leadership increases companies’ performance. A new report published by IZA World of Labor looks at the reasons for the persistence of wage and leadership gender gaps and their causes and consequences and emphasizes the beneficial role of female leaders in reducing gender inequality. The report claims that gender wage gaps and women’s under representation in leadership positions exist at remarkably similar magnitudes across countries at all levels of income per capita. In a new IZA World of Labor report the economist Mario Macis of Johns Hopkins University, USA summarizes recent research which shows that although women in many developed countries have reached parity with men in terms of formal educational attainment and employment, earning disparities between the genders are actually greater in richer countries.

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Digital tech, leadership and company values aid staff performance

Digital tech, leadership and company values aid staff performance 0

by • Facilities management, Flexible working, News, Technology, Wellbeing, Workplace

Digital company culture

Accessible leaders and strong company values are important factors that can ultimately reflect an employee’s success or failure within the company. However,so too is equipping employees with the latest technology,  and it’s an area where many organisations are falling down. A study by Oracle awarded low marks when it came to companies capitalising on technology to help them connect with employees in more ways than ever to create a more modern and customised learning experience. Just 44 percent of respondents said that their employer uses the latest digital technology to enable them to effectively perform in their role. Feedback from nearly 5,000 full-time employees at organisations with 250 or more employees also revealed that only 38 percent say that their company is concerned about their overall well-being, despite the fact that employees are most comfortable and productive within a creative, yet flexible workplace culture. (more…)

Lack of leadership development undermines organisational agility

Lack of leadership development undermines organisational agility 0

by • Flexible working, Knowledge, News, Workplace

agilityEmployers are failing to address weaknesses in leadership development, and this is compromising their organisational agility, according to a report published by Orion Partners. The report, Agile HR: Mindset Not Methodology found that those questioned understood the importance of agility, with 67 percent of HR professionals describing it as “business critical.” Yet despite 59 percent agreeing that the people management practice that has the greatest impact on organisational agility is leadership development, none of the senior HR professionals polled rated their organisations as highly effective at building versatile leaders and 75 percent believed they were no more than moderately effective in this area. Attempts to make their companies more agile with the introduction of flexible working are not being focused correctly either, which the authors suggest is reaping the consequences of failing to sell the wider business benefits of effective HR management.

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Focus on women on boards masks other determinants of female leadership

Focus on women on boards masks other determinants of female leadership 0

by • Comment, Legal news, News, Workplace

women-on-boards-blog-bannerHigh profile initiatives such as Lord Davies’ report are doing their bit to increase gender composition, but according to the latest research, based on current “business as usual” trends, women are unlikely to comprise 30 percent of directorships in publicly held companies until 2027. This is despite the fact that the latest research of companies in the MSCI World Index with strong female leadership generated a Return on Equity of 10.1 percent per year versus 7.4 percent for those without. Although a direct causal link between women directors and better outcomes has yet to be established, many institutional investors are increasingly focused on the gender composition of company boards. Some studies show significant outperformance by companies with women on boards, though no one can show a direct link between the two. Focusing exclusively on the make-up of boards however, can mask other important dimensions of female leadership.

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