April 18, 2023
Organisations that lack explicit norms around hybrid working can increase the likelihood of an employee leaving by 12 percent, according to a new report from Gartner [paywall]. The report claims that the most successful hybrid models encompass three main categories of explicit norms that increase visibility, enable flexibility, and foster connections. (more…)
April 5, 2023
Zürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business school. Asian and European cities dominate this year’s top twenty. Among them, IMD names six “super champions” because they have been continuously improving their performance since 2019: Zürich, Oslo, Singapore, Beijing, Seoul and Hong Kong. (more…)
April 3, 2023
Czechia, Ireland and Spain will be the first countries to participate in a new initiative which aims to boost the availability of quality building climate data, a critical step towards full decarbonisation of the heavily emitting construction sector, responsible for almost 40 percent of global carbon emissions. The INDICATE initiative will bring together governments, industry and academia to tackle one of the most common barriers to enacting policies which will ensure climate neutral construction: a lack of reliable and comprehensive emissions data for buildings. (more…)
April 3, 2023
The organisers of NeoCon have announced that seven new brands have signed on for permanent showrooms at the show’s venue THE MART in Chicago. Anda number of companies are extending their leases ahead of the 2023 edition of NeoCon, the leading commercial design trade show, which takes place from the 12th to the 14th of June. The brisk leasing activity, alongside a roster of new exhibitors, and a milestone building renovation project helmed by Gensler Chicago, reinforces THE MART as an important strategic hub for both emerging and established brands based in the US and abroad. (more…)
March 29, 2023
New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues. (more…)
March 27, 2023
The office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media. And for the past few years we have been moving inexorably towards the latest age: ‘network offices’. Each age was shorter than its predecessor: both the digital and network ages began less than a career span ago. (more…)
March 23, 2023
The UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UK. However, this new analysis also highlights sectoral differences in productivity growth, with some sectors performing better than others in recent years. The slowdown in manufacturing productivity is also shown to have played a significant role in the fall in economy-wide productivity, but there is positive sentiment amongst manufacturers, with almost 1 in 5 expecting to see gains of 10-25 percent in the coming year. According to PwC UK’s new UK Productivity Tracker, a lack of sustained investment expenditure may be behind the UK’s weak performance. (more…)
March 15, 2023
Today the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. (more…)
March 15, 2023
Workplace culture and environment play a significant role in the health and wellbeing of employees, and it has become increasingly important for businesses to build a positive and healthy work environment. This year The Workplace Event is launching a highly focused content theatre – The Knowledge Hub // Culture and Health & Wellbeing. Featuring leading experts, industry professionals, and thought leaders, it will provide a platform for the discussion of topics ranging from mental health and stress management to workplace diversity and employee engagement and more. Learn about strategies and tools that are driving positive workplace cultures and promoting employee well-being to improve organisational performance. Don’t let the opportunity to build a healthy and positive workplace culture pass you by. Register for your FREE pass to The Workplace Event today.
March 7, 2023
The 30% Club, in partnership with board advisory specialists Lintstock, has today issued new qualitative analysis based on the engagement of male and female directors in 100 FTSE board reviews in a report Evidencing the Contribution of Gender Balance to Board Effectiveness. The survey claims to highlight the difference gender diversity makes to the running of corporate boards, with a significant finding that women are more likely than men to focus on emerging issues, notably company culture and employee development. In addition, female directors were also more likely to offer criticism and recommendations for improvement on both their own performance and their business activities. (more…)
March 6, 2023
Conversations around how work and leadership will change in the coming years have inevitably been accelerated by the pandemic. Companies all over the world have been urged to seek new digital tools, solutions and methods for communicating, making decisions, and activating projects remotely. The companies that emerged most successfully from the Covid era were those that, despite all the uncertainty at the time, decided to adapt and view the pandemic as an opportunity for change rather than an obstacle. When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership. (more…)
March 24, 2023
Company culture is one of the hardest but most valuable things to get right after a merger
by Siobhan Byrnes • Business, Comment