Search Results for: management

February 1, 2019

Employee experience of the workplace does not match employer rhetoric, claims report

A new report (registration needed), based on a survey of UK employers and employees, claims to reveal a significant and increasing gap between employees’ experience of being employed and what employers believe this experience to be. Barnett Waddingham’s four research papers claims that while the majority of employers (61 percent) believe the levels of wellbeing in their organisation to be high, only 19 percent of the employees surveyed report high wellbeing. According to the authors, this suggests employers do not sufficiently know or understand the needs of their people.

February 1, 2019

Are these the 2019 Top Employers to work for in the UK

by Neil Franklin • Company news, Wellbeing, Workplace

The Top Employers Institute, a certifier recognising employers that provide world-class employee conditions, has released its list of Certified UK Top Employers for 2019. Over 600 HR professionals gathered at London’s Hilton on Park Lane, on the 31st January 2019, to recognise the best employers in the UK. More →

January 31, 2019

Get ready for the next wave of technological innovation, or get left behind

by Bruce Barclay • Comment, Facilities management, Property, Technology

The natural world is a story of constant change and evolution. Animals, plants, insects and micro-organisms exist in an ecosystem, adapting to relentless changes in their environment, influenced by habitat, climate and their cohabitors. They respond to change faster than the human world, because they are not tied by the same restraints and conventions. They are interdependent and reliant on each other, competitors and cohabitors for mutual advantage. As humans move into what has been called the Fourth Industrial Revolution, there is much we can learn from nature, particularly within the workplace environment. The transformation of an organisation’s real estate, facilities management, IT and HR functions into a workplace ecosystem, as proposed by the Stoddart Review, has been discussed for some time.

January 30, 2019

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

by John Hackston • Comment, Workplace

A child born in the west today has a 50 percent chance of living to be at least 105. This is of course a good thing – most people welcome the idea of a longer, healthier life – but it does mean that many of us will need to work longer as pension funds shrink and retirement ages increase. This has led to a new reality for business, the rise of the multigenerational workforce. Organisations that recognise that they can draw on talent from all ages and life stages will have a competitive advantage over those with a more traditional outlook. However, this new model can also present challenges – something that all businesses should consider. More →

January 28, 2019

UK leading the way in digital transformation strategy

by Mark Eltringham • News, Technology

IT consultancy Infosys has released new research, the Infosys Digital Radar 2019, which it claims reveals the digital transformation maturity of businesses around the world in 2018, and what it takes to navigate the next stage of their journey. Its main claim is that to become digitally advanced, organisations need to run multiple digital initiatives at scale at the same time. It suggests that organisations in the UK are now significantly ahead of the global average when it comes to their digital transformation, including countries like the United States and Germany.

January 25, 2019

The state of the workplace right now? Everywhere and nowhere, baby ⁰

by Paul Carder • Comment, Facilities management, Features, Premium Content, Property, Workplace design

My trade is to ask questions about the workplace then make sense of the answers. That has been a particular challenge with the question, ‘what are offices today?’ What seems clear is that the various actors in the workplace ecosystem look at offices through very different eyes. Urban planning and development professionals still view offices as a distinct category of real estate and most real estate professionals view offices in terms of the delivery of floor space. Some things have changed,however. For some time, the hybrid economy of serviced offices has turned the product into a service. But, in many cases this has simply made the leasing of space simpler and more flexible.

January 22, 2019

Business leaders lack ethical insight needed to get the best out of AI

by Neil Franklin • News, Technology

Although executives have high expectations for the impact that AI will have on their businesses according to Cognizant’s new report, ‘Making AI Responsible – and Effective, only half of companies have policies and procedures in place to identify and address the ethical considerations of its applications and implementations. The study analyses the responses of almost 1,000 executives across the financial services, technology, healthcare, retail, manufacturing, insurance and media & entertainment industries in Europe and the US. The research suggests that business leaders are positive about the importance and potential benefits of AI. Roughly two- thirds (63 percent) say that AI is extremely or very important to their companies today, and 84 percent expect this will be the case three years from now. Lower costs, increased revenues and the ability to introduce new products or services, or to diversify were cited as the key advantages for the future.

January 21, 2019

What we have wrong about why some companies are more successful than others

by Mark Eltringham • News

New research published in the Strategic Management Journal suggests a firm’s competitive advantage can last more than three times as long as previously believed. INSEAD Assistant Professor of Strategy Phebo Wibbens found that companies with “higher-order” resources can greatly outlast their competitors. Traditionally, strategy experts have focused on a firm’s operating resources – assets and capabilities that directly affect profit – when analysing its competitive advantage. Based on that assumption, high-performing firms were believed to have a run of success lasting on average about five years. But as IKEA, Apple and other firms have shown, a much longer period of success is available to some companies.

January 21, 2019

MPs back plan to increase gender diversity in business

by Sara Bean • Legal news, News, Workplace

A majority of MPs have backed a recommendation to increase gender diversity in business by extending the “Women in Finance Charter” to cover all businesses in the UK. The recommendation comes from the professional accountancy body AAT (Association of Accounting Technicians). The Charter asks financial services firms to commit to implement four key industry actions; to have a named senior executive responsible and accountable for gender diversity and inclusion; set internal targets for gender diversity in senior management positions; publish progress annually and ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity. More →

January 20, 2019

The changing shape of the insurance workplace

by Mark Eltringham • News, Workplace design

HOK’s WorkPlace group has released The New Insurance Workplace (registration required), a report which sets out to examine the forces reshaping the insurance industry and how workplace design can position these companies for success. The report’s concludes that insurance firms take pride in their conservative approach to risk management and traditional business models. They also have high-performance cultures that demand strong results. Yet changing regulations, emerging technologies and increasingly obsolete work processes have left many legacy players with underutilised, outdated office and retail space that hinders their ability to meet the fast-changing expectations of customers.

January 20, 2019

Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

by Neil Franklin • News, Wellbeing, Workplace

This year’s shortlist for the Business Booko Awards features more books than ever on wellbeing and happiness in the workplace as well as career self-development, company culture and business ethics. A record number of women authors have also made the shortlist. More →

January 18, 2019

Employers must take better action to avoid sick building syndrome

by Steve Loughney • Company news, Facilities management, Workplace design

Sick building syndrome is a collective term to describe when occupants of a specific building suffer from a related illness. Problems can either be localised to a specific room or more widespread throughout a building. The symptoms can manifest as headaches, blocked or runny noses, skin irritations, sore eyes or tiredness and difficulties with concentration. A number of building-related factors are linked to the condition with ageing offices and factories acting as magnets for sick building syndrome. Studies have shown that headaches and respiratory problems among office workers were directly related to the use of air conditioning and inadequate ventilation. Room temperature, light and noise, humidity, carbon dioxide, chemical contaminants (volatile organic compounds – VOCs), air quality and naturally occurring poisons can all inflame symptoms for sufferers requiring more precise control over environmental factors in the workplace. Making sure buildings are healthy for their occupants is a challenge. More →