Search Results for: performance

A quarter of projects don’t meet their stated goals – but that’s not because of remote working

A quarter of projects don’t meet their stated goals – but that’s not because of remote working

A quarter of all projects do not meet the business goals that their organisations set for them but remote working is not a major factor in outcomesA quarter of all projects do not meet the business goals that their organisations set for them, according to research published by the Project Management Institute (PMI) in the 15th edition of its Pulse of the Profession report – The Future of Project Work. The newly released report, based on the responses of over 2,000 project professionals and 300+ senior leaders around the world, paints what the report says is a concerning picture of project outcomes across various industries globally. The report also highlights the reasons for this and excludes remote working as a major factor. More →

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

People overestimate their ability to handle unknown situations

People overestimate their ability to handle unknown situations

New research suggests that people tend to be overconfident in their ability to handle unknown situations, which has implications for business and entrepreneurship. A team of international researchers has shared findings on what they describe as overconfident behaviour, which can lead to negative outcomes in business and personal decision-making. Professor Mohammed Abdellaoui, lead researcher and professor at HEC Paris, and colleagues including Han Bleichrodt from the University of Alicante, Spain, and Cédric Gutierrez from Bocconi University in Italy, revealed that our own attitudes to uncertainty play a role in how we assess our own abilities. More →

Thoughts of hybrid working should now turn to productivity and trust

Thoughts of hybrid working should now turn to productivity and trust

The impact of hybrid working models on productivity and employee wellbeing, especially in light of last year's unprecedented spike in sick days, is an important issueBusinesses now face the huge challenge of managing office returns and addressing the underlying generational divides and mistrust that have surfaced as a result of the pandemic years. With the Office for National Statistics (ONS) having released new data on UK productivity levels that show productivity remains sluggish, the impact of hybrid working models on productivity and employee well-being, especially in light of last year’s unprecedented spike in sick days, is an important issue. More →

Rejection of flexible working request shouldn’t blind employers to their legal duties

Rejection of flexible working request shouldn’t blind employers to their legal duties

Amy Leech of Shoosmiths looks at a recent case following the rejection of a flexible working request and considers its implicationsFlexible working has continued in many workforces since the pandemic. The most common pattern is a hybrid one where employees split their time between the office and home. However some employees are now looking to work remotely on a permanent basis. This is what happened in Wilson v Financial Conduct Authority 2302739/2023. The Claimant submitted a flexible working application requesting to work entirely remotely using her computer and other electronic equipment and to complete all her work without attending a physical office location. The Respondent’s policy was that post-pandemic, the Claimant was expected to work in the office 40 percent of the time and could work the other 60 percent remotely. More →

One in five neurodivergent employees say they have experienced harassment or discrimination at work

One in five neurodivergent employees say they have experienced harassment or discrimination at work

One in five neurodivergent employees surveyed (20 percent) have experienced harassment or discrimination at work because of their neurodivergence, according to new research from the CIPDOne in five neurodivergent employees have experienced harassment or discrimination at work because of their neurodivergence, according to new research from the CIPD, working with corporate neuroinclusion training specialists Uptimize. Neurodiversity refers to natural differences in human brain function and behavioural traits. It’s estimated that as many as 20 percent of people may be neurodivergent in some way, an umbrella term that can include those with autism, dyslexia, or ADHD. However, despite this potential figure, support and awareness of neurodiversity is lacking in many UK workplaces. More →

Middle managers are the secret sauce of productivity, say knowledge workers

Middle managers are the secret sauce of productivity, say knowledge workers

Research from ClickUp claims to reveal the crucial role that middle managers play in driving productivity.Research from ClickUp claims to reveal the crucial role that middle managers play in driving productivity. The study found that 81 percent of knowledge workers who responded to the survey think that middle managers, defined as those below top level management and typically in charge of departments or groups, are the people most responsible for driving team productivity, with 68 percent rating the middle managers they work with as very or extremely effective. More →

Home Sweet … Ergonomic Workspace. Why wellbeing and comfort matters when you work from home

Home Sweet … Ergonomic Workspace. Why wellbeing and comfort matters when you work from home

Just because you work from home, doesn't mean things are different when it comes to your wellbeing.Working from home offers a host of benefits: flexible hours, avoiding the commute, and the comfort of your own pyjamas (within reason, of course). But amidst the perks, it’s easy to overlook an often-forgotten aspect: ergonomics. That fancy term simply means designing your workspace to fit you, preventing discomfort and injuries. While ergonomics might seem less crucial in your home office, it’s just as important as in a traditional office setting. Just because you work from home, doesn’t mean things are different when it comes to your wellbeing. More →

Changing shape of workplace is creating new opportunities for property market

Changing shape of workplace is creating new opportunities for property market

A new report claims that changing approaches to the workplace will create new opportunities for the quickest and smartest to adaptAfter a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘Engage, activate and accelerate performance: next generation real estate strategies’ [registration]. The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. More →

Status seeking drives non-executive directors to outstay effectiveness

Status seeking drives non-executive directors to outstay effectiveness

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholdersLong-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and strategic performance. More →

Sustainable offices attract higher service charges

Sustainable offices attract higher service charges

The most efficient and sustainable offices attract higher than average service charges, a new report claimsOffice buildings with the highest efficiency and sustainability ratings tend to have higher than average service charges, a report from accountancy and business advisory firm BDO claims. The firm’s latest benchmarking report suggests that offices with an ‘outstanding’ or ‘excellent’ Building Research Establishment Environmental Assessment Methodology (BREEAM) certification had total service charge costs that were 26 percent higher than the other offices it surveyed. Meanwhile, total service charge costs were 6 percent higher for sustainable offices with an Energy Performance Certificate (EPC) rating of A or B compared to all other offices. More →

Half of UK businesses expect 2024 to be easier than 2023

Half of UK businesses expect 2024 to be easier than 2023

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 –  businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →