Search Results for: management

Flexible office space provider LABS on why the physical office space is still strategically key

Flexible office space provider LABS on why the physical office space is still strategically key

A recent survey conducted among LABS members shows that the physical office space still has a valuable place in the mindset of how they want to work. More than seven in ten of those questioned said the office is a strategic device for their businesses, and more than 74 percent of members questioned use the office for two days or more per week.

However, working culture is still developing rapidly following the pandemic and its government-mandated full time working-from-home set up, with employers and employees carefully navigating a path that tees up with company expectations as well as staff’s desire to work remotely for part of the week, which in some cases allows them to better deal with issues such as child or elder care or just attain a better work/life balance. Companies are clearly grappling with the complexities of managing diverse teams with varying needs and preferences. The seniority of employees and their distinct working styles play a crucial role in determining the feasibility and desirability of remote work.

While the Office for National Statistics reveals that 40 percent of civil servants in the UK are still working from home there is a definite flip side in the private sector. In the spring of this year, Bloomberg reported that, following a large-scale layoff programme in the tech sector, Meta CEO Mark Zuckerberg has asked its staff to “find more opportunities to work with your colleagues in person.” This is the latest in a long line of high-profile firms to reverse their work-from-home policies including Starbucks and Walt Disney Co. Other firms in the pro-return to the office camp include Goldman Sachs, Morgan Stanley, Apple, and Peloton with the CEO of JP Morgan stating that he doesn’t believe working from home works for managers or younger members of staff. Bloomberg itself has set a minimum presence in the office of three days per week.

Amazon too has a thrice weekly attendance policy which kicked in last month in light of CEO Andy Jassy saying on the firm’s blog that “There is something about being face-to-face with somebody, looking them in the eye and seeing they’re fully immersed in whatever you’re discussing that bonds people together.” General Motors’ management shares Amazon’s three days per week requirement which came into force at the beginning of 2023, which some staff took as a U-turn in company policy from encouraging colleagues to ‘Work Appropriately’.

 

Making the office the destination of choice

As well as incentives such as free food and drinks, access to facilities including gyms and opportunities to come together at work socials, the chairman of PwC believes that AI has its part to play in luring people from their home offices. The Times recently reported that Kevin Ellis thinks that as people feel pressure from the capabilities of the likes of Chat GPT, they are more likely to want to be in the office near colleagues they can collaborate and learn from.

In a company-wide presentation, the professional services giant explained to staff how AI has the potential to fast-track trainees by a couple of years but with that accelerated knowledge base comes a responsibility to be able to coach and manage others that traditionally would have taken place over a longer period. Ellis said at the time that “people are going to want to learn from others face-to-face and the best way a human can differentiate themselves from a robot is in person.”

It’s fair to say then that the mood may well be shifting from the ‘work from anywhere’ easy come easy go attitudes of 2021 and last year. As companies continue to navigate the choppy waters of political unease in Ukraine, the continuing impact of Brexit and the worldwide inflation rates not to mention the global cost of living crisis so they are increasingly calling for near full-time attendance, symbolising a return to pre-pandemic norms, to stay competitive.

Being present in the office has many well-documented advantages such as fostering creativity, encouraging and engendering a sense of culture. And there are positive signs among LABS members too, with over three quarters of them enjoying working from the office most of the time with over half citing colleague relationships as the most important aspect of an office, up by 4 percent year on year.

Given the aforementioned global political uncertainty and economic strife, flexibility and choice for occupiers as well as employees are key components of our current work culture. In this way, workplace strategies can easily shift to address sudden changes. Which is where LABS’ turnkey solutions, available in various shapes and sizes, come in with flexible tenancy arrangements and inspiring amenities. In this way LABS can help optimise a workplace model that works for everyone.

Businesses need three years to prepare for impact of AI

Businesses need three years to prepare for impact of AI

A new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplaceA new survey of 600 UK human resources (HR) managers and directors suggests they will need three years to be ready for the impact of AI on the workplace – yet 99 percent believe artificial intelligence (AI) will deliver benefits. Almost 40 percent said it would take a minimum of three years before they were prepared for the impact of AI on their roles, and fewer than one in six (15 percent) said they would be fully prepared for the potential impact of AI on the workforce within the year. To integrate AI, nearly 40 percent were investing in their tech teams, while 35.5 percent were already trialling AI in their businesses. More →

You might be working with a narcissist and not know it

You might be working with a narcissist and not know it

narcissistHave you ever had the feeling that some of your colleagues are working only for themselves, and are not true team players? If your answer is yes, then it is possible that you are working with a narcissist. Narcissists have a heightened sense of what they are entitled to and have a constant need for attention and admiration. They are arrogant and see themselves as superior to others. More →

Even when machines make better decisions than humans, people still override them

Even when machines make better decisions than humans, people still override them

Machines can make better decisions than humans, but humans often struggle to know when the machine’s decision making is actually more accurate and end up overriding the algorithm decisions for worseMachines can make better decisions than humans, but humans often struggle to know when the machine’s decision making is actually more accurate and end up overriding the algorithm decisions for worse, according to new research from academics at ESMT Berlin, This phenomenon is described in the paper as algorithm aversion, and is attributed to an inherent mistrust in machines. More →

Remote workers feel “policed” by unpredictable managers

Remote workers feel “policed” by unpredictable managers

Daily monitoring can lead to remote workers feeling that their managers have less trust in them, research from NEOMA Business School revealsDaily monitoring can lead to remote workers feeling that their managers have less trust in them, research from NEOMA Business School reveals. Birgit Schyns, Distinguished Professor of People and Organisations at NEOMA, co-authored a study analysing survey data on 450 employees at UK-based firms. According to the researchers, when working from home, employees can feel that they have less autonomy and are under constant surveillance if monitored too frequently. These feelings can be exacerbated if managers’ behaviour is unpredictable, they say. More →

KI Work2.1 sit-stand desks create personal and collaborative workspace for Braze

KI Work2.1 sit-stand desks create personal and collaborative workspace for Braze

sit-stand desks from KI have been specified to optimise the comfort of workers. policy.Following a period of rapid growth, consumer engagement platform Braze has recently moved into the City of London’s Broadgate Exchange Square. Outgrowing their presence at a nearby shared co-working facility, the company wanted their new dedicated facilities to be an employee attraction tool, whilst also being as ‘future-ready’ as possible. Making the workspace desirable and enjoyable was an important consideration for the company, who exercise a fully agile, hybrid working policy. And sit-stand desks from KI have been specified to optimise the comfort of workers. policy. More →

Men and women hide what they know from colleagues in different ways

Men and women hide what they know from colleagues in different ways

Men and women exhibit different behaviours in the ways they hide what they know at work, according to new research from academics at the UCL Global Business School for Health (UCL GBSH). The findings, published in the Journal of Occupational and Organizational Psychology, suggest men feel more entitled than women to conceal their knowledge: they hide it more often than women, specifically through rationalised hiding, while women use evasive hiding and playing dumb. Men also conceal knowledge more frequently in a female-dominated environment and are more likely to use the same methods as women, since they believe that women will sanction them less than men for this behaviour. More →

Two thirds of employees have experienced significant workplace conflict

Two thirds of employees have experienced significant workplace conflict

A survey of 2,000 full-time employees has revealed that almost two-thirds (64 percent) of workers have been in a workplace where there has been conflict between colleaguesA survey of 2,000 full-time employees has revealed that almost two-thirds (64 percent) of workers have been in a workplace where there has been conflicts between colleagues, with 15 percent subsequently looking to change roles. The research, conducted by communications consultancy Magenta Associates, also found that opposing personality types (47 percent), lack of communication (43 percent), and management styles (38 percent) are the most likely causes of workplace conflict. More →

Artificial intelligence will boost short term headcount, claim half of employers

Artificial intelligence will boost short term headcount, claim half of employers

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two yearsMore than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis, a part of ManpowerGroup.  The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskilling, as well as on employee training (68 percent). 67 percent of British organisations anticipate a positive impact on employee engagement because of AI technology, and 60 percent think it can positively impact the onboarding process too. More →

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

A new report claims that the level of job turnover suggests that the so-called Great Resignation may be far from overOver the past year, 55 percent of working adults have either started a new job or are looking for one, according to a report [registration] published by insurance firm YuLife. The poll  suggests that a further 35 percent of working adults say it is likely they will consider changing jobs within the next year.  The report claims that these findings suggest that the so-called Great Resignation may be far from over. The report also claims that high levels of stress characterize the modern workplace, and businesses which proactively address employees’ concerns around stress and invest in their wellbeing benefit from reduced churn and turnover. More →

Mandatory use of AI technology dampens people’s enthusiasm for the stuff

Mandatory use of AI technology dampens people’s enthusiasm for the stuff

Teams with a positive inclination towards artificial intelligence experienced a dampening effect on their enthusiasm to collaborate when forced to use AI technologyTeams with a positive inclination towards artificial intelligence experienced a dampening effect on their enthusiasm to collaborate when forced to use AI technology, a new study has found. Researchers also found that teams with initial negative views about AI were in fact more likely to collaborate with AI when forced to use it. The research, which has been published in the academic journal Group & Organization Management, underscores the importance of trust in AI and how employers should introduce the growing technology into their businesses. More →

APAC region leads the world in return to office bookings, report claims

APAC region leads the world in return to office bookings, report claims

A new report from Eptura claims that there has been a global wave of return to office bookings returns led by the Asia Pacific marketA new report from Eptura [registration] claims that there has been a global wave of return to office bookings led by the Asia Pacific market, including a worldwide 338 percent increase in collaborative room bookings, 76 percent room booking check-in rate, 35 percent increase in visitor check-ins, and 3 percent increase in site inspections. More →