Search Results for: leadership

November 2, 2015

Women should sit on third of all FTSE boards by 2020, says Davies report ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

All FTSE 350 boards should have 33 percent female representation by 2020, a five year investigation of gender equality has concluded. The recommendations were made by Lord Davies in his final report on Women on Boards which began looking into the obstacles preventing many women from reaching senior positions back in February 2011. Earlier this year the UK’s FTSE 100 reached a milestone of 25 percent of board positions being filled by women – the target set by Lord Davies in 2011. Although there are more women on FTSE 350 boards than ever before, with representation of women more than doubling since 2011 – the latest report proposes a series of recommendations including the voluntary target of 33 percent representation of women on FSTE 350 boards, and the creation of an independent steering body to help create momentum to ensure a voluntary business-led approach is continued for a further five year period.

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November 1, 2015

UK productivity undermined by rule-heavy workplaces, claims report ⁰

by Mark Eltringham • Events, News, Workplace

Employers can unleash the productivity of their workers by allowing them more scope to use their initiative, create more stimulating work and reduce the burden of unnecessary rules and procedures, according to a new report which considers productivity from the employees’ perspective. The latest Employee Outlook Survey from the Chartered Institute of Personnel and Development (CIPD), surveyed over 2,000 UK employees, asking what enabled them to be most productive. The most common responses were interesting work (40 percent), being able to use their own initiative (39 percent) and being given tasks which complement their skills (25 percent). On the other hand, the most common hurdles to employee productivity were unnecessary rules and procedures (28 percent), not having the resources available to do their jobs (28 percent) and office politics (24 percent).

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October 26, 2015

An updated green building standard designed to meet wider business objectives ⁰

by Sue Gregson • Comment, Facilities management, Legal news, Property

The publication in September 2015 of the revised ISO 14001 Global Environmental Management Standard has been heralded as a move that will “shift business focus on the environment from compliance with regulations and direct operations, to placing the environment at the heart of thinking and strategy.” This will assist businesses around the world to respond to increasing global sustainability challenges and ensure long-term business success. Currently there are over 300,000 organisations worldwide that are certified to the ISO 14001 Standard, first published in 1996. According to the Institute of Environmental Management and Assessment, (IEMA) ISO 14001 is the second most used standard companies employ to manage their performance globally, with 171 countries now represented. Its popularity as a management tool has been linked to both improved financial and environmental performance.

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October 22, 2015

UK’s digital leaders set to deliver £92 billion boost to economy ⁰

by Neil Franklin • Company news, News, Technology

A new report from Virgin Media Business and Oxford Economics claims that the UK’s ‘Digital Leaders’ are set to use digital technology deliver a massive boost to the UK economy in the very near future. The study of 1,000 companies employing 470,000 people claims that the UK economy could see an increase of 2.5 percent in GDP (£92 billion) and create more than a million new jobs over the next two years. According to the respondents, they had already increased their revenues by 4.4 per cent and reduced costs by 4.3 per cent over the past year by making better use of digital technology, generating an estimated £123 billion contribution to the UK’s economy, equivalent to 3.4 per cent of GDP. In terms of jobs, 44 per cent of executives don’t expect any jobs to become obsolete and, across the economy, companies anticipate hiring 1.1 million employees as a result of digital investments.

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October 13, 2015

Third of employers admit rise in numbers of staff coming to work when ill ⁰

by Sara Bean • News, Wellbeing, Workplace

Nearly a third of employers have reported an increase in people coming to work while they are ill, according to the annual CIPD / Simplyhealth Absence Management Survey. The survey of nearly 600 employers found that 31 percent have seen an increase in ‘presenteeism’ in the last year. It also claims that any increase is likely to be associated with a culture in which working long hours is seen to be the norm and where operational demands take precedence over wellbeing. Employers that have noticed an increase in presenteeism are nearly twice as likely as those that haven’t to report an increase in stress-related absence, and more than twice as likely to report an increase in mental health problems amongst its staff. However, despite this, nearly three-fifths (56 percent) of organisations that have reported an increase in presenteeism haven’t taken any steps in order to discourage it.

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September 30, 2015

Case studies illustrate key role of HR in transformational change ⁰

by Sara Bean • Facilities management, News, Workplace, Workplace design

A growing understanding of the importance of breaking down silos between workplace disciplines has resulted in initiatives such as the launch of the Workplace Conversation. Now a new report from the CIPD and the University of Bath, features four change management case studies that demonstrate what can be achieved when HR becoming an integral part of the team responsible for designing and implementing all the processes required during periods of transformational change. The report, Landing transformational change: Closing the gap between theory and practice features BBC Worldwide, HMRC, News UK and Zurich UK Life and reveal that in all these cases, the HR function was most successful when it facilitated action, enabling managers to inject their own customisation to suit the needs of their divisions, rather than adopting a more centralised approach to implementing change.

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September 24, 2015

Colleagues more likely than managers to make people feel engaged at work ⁰

by Neil Franklin • Knowledge, News, Workplace

A new report from Oracle claims that the people most likely to make employees feel engaged at work are their peers rather than their managers. The study, Simply Talent, also suggests that employees think their employer’s HR function is least likely to have a positive impact on their engagement levels. The study, which sets out to understand the drivers and benefits of employee engagement in Europe, polled 1,511 employees at large European businesses. The survey claims that 42 percent of employees across Europe believe that their peers have the most positive impact on how engaged they feel at work, well ahead of line managers (21 percent) and business unit managers (7 percent) and HR (3 percent) Conversely, when it comes to negatively affecting engagement, employees believe the senior leadership team (19 percent) and line managers (11 percent) are the most responsible.

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September 22, 2015

Top employers for working families praised for flexible approach ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

The financial sector is well represented in this year’s annual list of Top Employers for Working Families as announced by charity Working Families. American Express, Barclays Bank, Citibank, Deloitte and Lloyds all made the list, while just two public sector organisations Ministry of Justice and Southdown Housing Association were in the top ten. Employers with up to 250 employees that reached the Small Employer’s Benchmark – ranged from law firm Sacker & Partners LLP to Bristol Students’ Union. To enter the awards, which are sponsored by Computershare, organisations must complete a benchmark survey which examines in detail their flexible and family friendly working policies and practices. As flexible working becomes embedded in more organisations, Working Families is calling on employers to ‘adopt a ‘flexible by default’ approach, to continue the rise in flexible working and help everyone to achieve a work life balance that works for them.’

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September 16, 2015

Employees exhausted by a culture of continuous change at work ⁰

by Sara Bean • News, Workplace

A culture of continuous change may be standard practice within larger organisations, but it can have a negative effect on employees, a new report claims. The seven-country Liquid Change Survey of senior executives at large corporations, commissioned by Ketchum Change, found that some leaders are unaware of the effects of so-called change fatigue, despite their employees struggle to keep up. Among partners and board-level executives, only 28 percent think change fatigue is highly prevalent. The survey suggests that to succeed in an environment of continuous change, a more collaborative approach must replace the old top-downmodel. Outlining a clear strategy and goals (43 percent) and engaging with leaders across the organization to co-create the new environment (41 percent) were cited as the most effective ways to get leaders to believe in and actively lead through change.

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September 16, 2015

Updated environmental standard improves link to business strategy ⁰

by Sara Bean • Environment, Facilities management, News, Property

The revised version of one of the world’s most popular environmental standards aims to improve the link between business strategy and environmental issues and encourage a stronger focus on life-cycle thinking. the updated ISO 14001:2015 has responded to a number of current trends, such as an increasing recognition by companies of the need to factor in both external and internal elements that influence their impact, including climate volatility. Other key improvements in the new version include a greater commitment from leadership; an increased alignment with strategic direction; greater protection for the environment, with a focus on proactive initiatives; more effective communication, driven through a communications strategy and an increased emphasis on life-cycle thinking, considering each stage of a product or service, from development to end-of-life.

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September 9, 2015

Five unconventional ways to attract and retain Millennial talent ⁰

by Sara Bean • Facilities management, Flexible working, Knowledge, News, Workplace

Almost one third of millennial staff (29 percent) claim that a higher salary is the biggest contributor to their loyalty, despite only 20 percent of the broader American workforce reporting the same; the Staples Advantage Workplace Index, a study of office workers in the US and Canada claims. US office workers consider title and work responsibilities (38 percent) and work-life balance (30 percent) as leading contributors to their loyalty, but Millennials favour less traditional benefits including more flexibility; generous office amenities, such as gyms; a company which promotes and supports sustainable practices; a more sociable working environment with plenty of breaks; and finally, lots of positive feedback from their direct line manager. Unsurprisingly, unlike other generations of workers, Millennials say that the use of social media enhances rather than detracts from their productivity.

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September 2, 2015

We need to do more than pay lip service to workplace wellbeing ⁰

by Ann Clarke • Case studies, Comment, Wellbeing, Workplace design

Too many companies continue to talk about employees as their ‘greatest asset’ yet their fine words are not always not borne out in their behaviour, be that through working culture, remuneration or environment. With more and more investors using employee wellness and engagement as a barometer for the health, stability and culture of the business – the concept of workplace wellbeing is finally garnering the attention it deserves. Our workplace behaviours, cultures and environments are not keeping us fit, well, productive, happy or profitable. Finally businesses are accepting their moral responsibility to take better care of their people. So what affects employee productivity, creativity and happiness and how can changes to the workplace promote the best financial and moral outcomes for businesses and employees alike?