Search Results for: people management

Executives feel more pressure making a big decision at work than in their personal life

Executives feel more pressure making a big decision at work than in their personal life

decisionsExecutives in small and mid-sized businesses in the UK are more anxious about major decisions at work than critical decisions at home that affect their family, a new study has claimed. The new study by Oracle NetSuite, Unlocking Growth, which provides insights from more than 1,000 business executives in the UK, France, Germany, UAE, Benelux and the Nordic countries, found that 92 percent are overwhelmed by data when making decisions. A third of UK executives are putting risk mitigation ahead of potential success to avoid damaging their career, while 23 percent rely on gut feeling to make critical decisions. (more…)

Businesses can fail if employees are over-confident

Businesses can fail if employees are over-confident

confidentSenior 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…)

Mental health benefits of time in nature valued at £4.5 trillion globally

Mental health benefits of time in nature valued at £4.5 trillion globally

Mental healthTime spent in the great outdoors is worth abour£4.5 trillion a year in the improved mental health of people, according to results published by a team of researchers from Griffith University’s School of Environment and ScienceCentre for Work Organisation and WellbeingEnvironmental Futures Research InstituteGriffith Business School and School of Medicine.   (more…)

Uber workers cling to “precarious” existence

Uber workers cling to “precarious” existence

UberPolicy makers should resist claims by Uber that its drivers fall into a middle ground between traditional employees and independent contractors, a new study says. The research report, Profits Uber Everything?, by Rotterdam School of Management, Erasmus University, examines Uber’s argument that its drivers are “independent workers” who are, in some respects, like individuals working for others and in other respects are like independent businesses. The company is only trying to establish this new category to exonerate itself of any responsibility for the workers, the researchers claim. (more…)

Can corporate culture help reduce workforce burnout?

Can corporate culture help reduce workforce burnout?

burnoutIt may not always be evident to those working in logistics, but burnout doesn’t exist solely in supply chain recruitment – it’s a recognised condition which is having an impact across all industries and sectors.  According to the Labour Force Survey, the UK lost 15.4 million working days in 2017/18 to work-related stress, depression or anxiety, with 239,000 new cases reported. Increasingly, severe cases are being recognised as ‘burnout’. (more…)

Getting on with colleagues key to job satisfaction

Getting on with colleagues key to job satisfaction

Job satisfactionGetting 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…)

Workplace culture can eat strategy for breakfast

Workplace culture can eat strategy for breakfast

It was management consultant and author Peter Drucker who coined the well-worn maxim that “culture eats strategy for breakfast”. But often it is used in the wrong way. Far from suggesting that culture alone dictates workplace function, he presented culture as a first among equals. A strategy that does not heed culture is more likely to fail. A culture without strategy is prone to go adrift. It is vital for an organisation to be aware of its own culture and subcultures. Without self-awareness, the steps to improve or nuture those within the organisation will be futile. (more…)

AI to do two-thirds of managers’ routine work by 2024

AI to do two-thirds of managers’ routine work by 2024

AIArtificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots will replace 69 percent of managers’ workload by 2024, Gartner, Inc. has predicted. As well as taking over routine tasks, AI will also make work more accessible for employees with disabilities, a new report from the research and advisory company claims (registration required). (more…)

Aligning talent with strategy is the key to business success

Aligning talent with strategy is the key to business success

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…)

We might spot patterns in office design, but a global picture is beyond us

We might spot patterns in office design, but a global picture is beyond us

The ongoing evolution in the design of the places we work has much in common with evolution in the natural world. But whereas natural selection is dependent on its ‘Blind Watchmaker’ to indirectly shape creatures in response to the constantly changing forces in their environment own, office design is anything but blind – at least it is when done intelligently and with insight. (more…)

New generation prefer technology to face-to-face negotiation

New generation prefer technology to face-to-face negotiation

Digital negotiationYounger decision makers are increasingly relying on technology such as emails, video conferencing and WhatsApp in negotiations with suppliers, rather than speaking to them face-to-face, new research from Barclaycard Payments has claimed. Despite supplier negotiation being regarded as an ‘art’ by seven in 10, many said it will increasingly be conducted digitally over the next five years (68 percent). (more…)

Digital culture is key to attracting contingent workforce

Digital culture is key to attracting contingent workforce

digital cultureOver the past decade, we’ve witnessed a radical change in the makeup of workforces in the UK and globally. The rise of flexible workforces continues unabated, to the point where contingent workers are a significant and vital part of the employment fabric. Demonstrating this point, recent research by the City & Guilds Group found that 84 percent of UK employers use contingent workers, and 35 percent anticipate they will rely on them more in the next 3-5 years. (more…)