February 5, 2020

Businesses can fail if employees are over-confident

Senior employees being too confident about the value of their ideas could be one reason businesses are failing, according to research by the University of Cologne. The study, conducted by Professor Fabian Sting and a team of interdisciplinary co-authors, highlights how choosing the wrong ideas to pursue can lead businesses to make unwise investments and miss out on opportunities, which could threaten their survival. A large part of the problem, it says, is that the person who comes up with the idea overestimates how successful their innovation will be and views their skill or performance as better than it actually is. (more…)

January 29, 2020

Is your biggest competitor already working for you?

by Jackie Le Poidevin • News, Working culture

Employers worried about rivals poaching their staff should be looking closer to home to spot their next competitor, a new study has claimed. In a survey of 3,000 UK employees by Synergy Creative, nearly half (47 percent) said that they would love to be their own boss, raising the prospect of them setting up in competition to their existing employer. Of those intending to find a new job in 2020, a third said their ideal job is to work for themselves, compared to 25 percent who are looking to move to another company. (more…)

January 29, 2020

People ten times more likely to stay in their job for friendships than a pay rise

by Jackie Le Poidevin • News, Working culture

Following reports that job applications on the first working Monday of the New Year spiked by 89 percent compared to the average Monday in December, many UK businesses may be missing a trick in their efforts to retain staff, new research has suggested. When researchers commissioned by Eko asked 1,000 employees what factors would make them stay in their job for longer, they were ten times more likely to stay put for friendships than for a pay rise. Indeed, only 3 percent of workers cited a pay rise as something that would make them stay with their employer for longer. (more…)

January 28, 2020

Getting on with colleagues key to job satisfaction

by Jackie Le Poidevin • News, Wellbeing

Getting on well with colleagues gives workers greater job satisfaction than having a good salary, new research has claimed. “New Decade, New Direction” by the Institute of Leadership & Management asked more than 2,100 workers to identify the factors that affect their job satisfaction and explored their career plans for the new decade. (more…)

January 24, 2020

Most executives lack skills to lead in digital economy

by Jackie Le Poidevin • News

Most executives around the world are out of touch with what it takes to lead effectively and for their businesses to stay competitive in the digital economy, a new study has claimed. Out of nearly 4,400 executives in over 120 countries surveyed by MIT Sloan Management Review (MIT SMR) and Cognizant, only 9 percent agreed that their organisation has the skills at the top to thrive in the digital economy. (more…)

January 23, 2020

Aligning talent with strategy is the key to business success

by Neil Franklin • News, Workplace

Companies that align talent with business strategy outperform others by 16 percent, retain 30 percent more top performers, and see 34 percent higher employee performance according to The State of Talent Optimization Report (registration) from The Predictive Index. (more…)

January 17, 2020

Structure of teams could be source of competitive advantage

by Neil Franklin • News

Cass Business School and Slack have published new research into the nature future of teamwork which identifies the relationships between team alignment and execution, drivers for competitive advantage, and the role of new workplace technologies. It suggests that teams are the fundamental building blocks of modern organisations but their role in delivering better outcomes for an organisation is still undervalued. (more…)

January 16, 2020

Business ethics and morality have their limitations, new analysis suggests

by Jayne Smith • Business, News

Morality has its limitations in the business domain, according to a new analysis of available research by Dr Hannes Leroy from Rotterdam School of Management (RSM) Erasmus University and his co-authors. This is despite the fact that there is a widespread belief that morality and business ethics matter in the way organisations act, although there is also a concomitant belief that there is a general lack of attention to morality in the world of leadership. This appears to be true regardless of industry, firm size, or the status and level of a leader in a company. (more…)

December 19, 2019

The truth about all those workplace trends lists

by Mark Eltringham • Facilities management, Features, Property, Technology, Workplace, Workplace design

You would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you would, given the number that have appeared elsewhere. Each firm perhaps convinced they are saying something original, unique or interesting, or maybe simply convinced they stand out in some way, while pushing the same timid, stale narratives about the workplace. It goes without saying that the commercialised messages often do little to shine a light on complex realities. In the words of the Scottish poet and anthropologist Andrew Lang, they use information ‘like a drunk uses lamp-posts—for support rather than illumination’.

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December 18, 2019

Anthropology might hold answers to the most difficult workplace challenges

by Christopher Diming • Comment, Workplace design

Many recent discussions have centered on the drawbacks of the open-plan office, a major format in the UK, and possible pathways to the communal workplace of the future. As part of this, it has been acknowledged that the factors responsible for determining the open-plan office’s performance are complex, and a number of the present-day workplace’s characteristics are messy and hard to quantify. In this brief article, I present anthropological methods as means for practitioners to further unpack the symbolic aspects of communication in open-plan offices and spark workplace solidarity.

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December 12, 2019

Are these the best places to work in the UK?

by Neil Franklin • News

Glassdoor has announced the winners of its 12th annual Employees’ Choice Awards – its sixth in the UK – honouring the Best Places to Work in 2020 across the UK and eight other countries. Unlike other workplace awards, the Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review about their job, work environment and employer over the past year. Common themes among the Top 50 UK Best Places to Work in 2020 include work-life balance, a great culture, smart people and respect for and from leadership and senior management. (more…)

December 12, 2019

Climate change emergency demands more and better action

by Neil Franklin • Environment, News

Four years after the Paris Climate Agreement, tangible action from governments is falling well short of what is needed to restrict global warming to 1.5° Celsius. Meanwhile, the actions of the majority of businesses that do support emissions reductions also currently fall far short of where they need to be to address climate change. A new impetus for 2020 to raise company ambitions to net zero emissions by 2050 at the latest, is required. These are the findings of a new report, The Net Zero Challenge published by the World Economic Forum. (more…)