March 11, 2020

Half of strategic decision making in organisations fails

More than half of all strategic decisions made by directors turn out to be wrong according to new research, conducted by PHD student Joep Steffes at Nyenrode Business University. This is due to time constraints, not having all of the information, and bias which often causes directors to make important decisions that are not based on reason but ‘gut’. These decisions, which could be deciding not to enter a new market or to pursue a merger, require more thought than your average decision – a director can’t simply rely on automatic actions, speed, and intuition. (more…)

January 8, 2020

Majority of organisations remain unprepared for executive pay gap reporting

by Neil Franklin • News, Workplace

Three-fifths of UK organisations are still not ready to report their executive pay gap almost twelve months after the legislation came into force, claims a new poll by HR services provider MHR. This year UK listed companies with more than 250 employees are, for the first time, obliged to publish the pay ratio between their CEO and “average” employees in early 2020 and explain the reason for their executive pay ratios. (more…)

December 13, 2019

RICS report calls on organisations to adopt more responsible policies

by Neil Franklin • Environment, News, Property

The Royal Institution of Chartered Surveyors (RICS) has launched a new ‘Responsible Business Report with recommendations for real estate firms to develop and implement responsible business practices, to improve their business culture, reduce their environmental impact and attract and retain the brightest talent. Best practice case studies from leading companies such as CBRE, Sodexo, John Lewis and Vinci Facilities are included in the report. (more…)

October 9, 2019

Organisations must meet needs of young parents or risk failure

by Chris Parke • Comment, Flexible working, Wellbeing

Organisations face a problem that could impact their very survival. Parents want to be supported by their employers during the transition to becoming working parents, but organisations are currently ill-equipped to deal with parental leave, or to keep people engaged throughout it. In a world of relentless change, companies failing to react to and meet the expectations of this part of their workforce risk disaster. (more…)

October 1, 2019

UK organisations falling behind on AI

by Neil Franklin • AI, News, Technology

UK organisations risk falling behind global competitors unless they act now to accelerate their use of AI technology, according to a new report unveiled today by Microsoft UK. The report claims that organisations currently using AI are now outperforming those that are not by 11.5 percent – a boost that, in the face of unprecedented economic and political uncertainty, UK businesses can ill-afford to pass up, the authors suggest. (more…)

September 23, 2019

Growing number of organisations pledge to take action on climate change

by Neil Franklin • Environment, News, Property

As world leaders meet in New York for today’s UN Climate Action Summit, a group of 59 large multinationals including Swiss Re, Ikea, and L’Oréal have signed up to the UN Global Compact to pledge to cut greenhouse gas emissions. The compact now has 87 corporations as signatories, including Astra Zeneca and Unilever who signed up earlier this year, with a combined market value of $2.3 trillion. As is the case with countries, there is still a way to go for more companies to take decisive action on climate change, however. (more…)

July 24, 2019

Organisations upskilling to make sense of people data

by Jayne Smith • News, Workplace

New research claims that there has been a huge rise in the number of people analytics teams as HR is called on to take an increasingly strategic role in shaping business performance. Innovation generation: the big HR tech disconnect, a report released by Thomsons Online Benefits, claims there has been a significant increase in the proportion of UK-based global organisations building people analytics teams, rising from 8 percent to 43 percent in just three years. With tech talent in short supply, the survey of 60 HR decision makers from UK-based companies suggests that employers are looking to upskill existing HR team members to make sense of the data now available to them. (more…)

April 29, 2019

Majority of organisations fail to offer menopause support

by Neil Franklin • News, Wellbeing

Forth With Life, a company that provides blood sample analysis and bio-marker tracking to promote and support health and wellbeing, recently undertook a survey exploring the existence and effectiveness of menopause support options available in the workplace. Their sample group consisted of 1000 women, all over 45 years of age and in either full time or part time employment, from all around the UK. Of those women, 77 percent had already been through the menopause, or were currently experiencing symptoms.

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April 16, 2019

British organisations could save £61 billion a year by prioritising wellbeing

by Neil Franklin • News, Wellbeing

Vitality has published the results of its annual Britain’s Healthiest Workplace study, developed in partnership with RAND Europe and the University of Cambridge. The report claims that many businesses are failing their employees, with three-quarters of ill-health related absence and presenteeism last year, equating to £61bn, arising from factors such as depression, poor lifestyle choices, and stress – all of which can be targeted through health and wellbeing initiatives. The study also suggests that employers lose, on average, 35.6 working days per employee per year due to health-related absence and presenteeism.

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April 10, 2019

Insecure managers can cause huge damage to their organisations

by Marie Hillen • News, Wellbeing, Workplace

Insecure managers who worry that their performance could be undermined by competent subordinates can end up ostracising talented employees they feel are a threat to their own position. According to an paper published in The International Journal of Human Resource Management by Professor Kirk Chang of the University of Salford Business School and his research team, managers whose negativity towards staff they see as threats can go on to cause huge damage to their organisations. Professor Chang, an expert in human resource management, said: “While the competence of subordinates is considered desirable in the workplace, it may create challenges in managing people in organisations.”

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April 8, 2019

Navigating organisations through digital transformation

by Ian Tickle • Comment, Technology

It’s hard to escape the digital disruption that is reshaping not only the world we live in, but the fundamental way that businesses operate. Greater levels of data exchange and automation are creating new layers of innovation, shifting functional workflows to agile systems. And to prosper in this upheaval, leaders must look at how they can support their company’s ability to adapt and identify new opportunities to embrace these changes.

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March 7, 2019

Public sector organisations continue to lead the way in flexible working, claims report

by Neil Franklin • Flexible working, News

A new report published by Softworks (registration) claims that Public Sector organisations continue to lead the way in flexible working with an extensive range of flexible working options available to employees. The most popular flexible working option is part-time working with 94 percent of public sector organisations offering this. This was followed by flexitime with 88 percent of organisations allowing their staff to have flexible start and finish times.