Search Results for: performance

When performance management really can produce positive results

When performance management really can produce positive results 0

Performance management examplesPerformance management processes have come under regular fire for being ineffective, time consuming, and quite frankly not fit for purpose. And it’s no surprise to discover exactly why employers are so justifiably disappointed in outdated performance management processes. Recent research from Towers Watson demonstrated that only 36 percent of companies consider their performance management process to be valuable, and some companies have even decided to scrap performance management altogether. While many of us don’t disagree that as a whole performance management processes aren’t producing the results that they should be, that doesn’t mean companies should be eliminating performance management from their organisation altogether. Instead, companies need to take steps to find a performance management process that gets positive results.

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Northern Powerhouse office market showing strong performance levels

Northern Powerhouse office market showing strong performance levels 0

Manchester city centre

When the Chancellor of the Exchequer George Osborne announces the Spending Review today, he’s likely to mention the Northern Powerhouse, the programme to rebalance the UK economy by pushing growth in England’s northern cities. His vision of this form of one nation conservatism may have helped to increase occupier and investor confidence across the Northern Powerhouse office markets, as illustrated by the Northern Powerhouse Office Market Report 2015/16, published by Lambert Smith Hampton (LSH). It shows strong performance across the eight key markets so far in 2015 – with combined take-up expected to reach 5.2m sq ft by the end of the year compared with 4.6m sq ft in 2014. Manchester city centre is leading the way and is on track for a record year, with almost 1.4m sq ft of office space expected to be let or sold by the end of 2015 – well above the 10-year annual average of 966,000 sq ft.

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Two thirds of employers disappointed in performance management process

Two thirds of employers disappointed in performance management process 0

Performance managementAs the economy recovers and the so-called ‘war for talent’ increases, there is a renewed focus on performance management, with 87 percent of companies in the latest research from Towers Watson, saying it is their primary method for aligning individual performance objectives with strategic priorities. However, only a third (36 percent) of companies actually consider their performance management process to be effective, and one in three managers and employees are shown to be dissatisfied with their process. According to the survey, 45 percent say managers don’t see the value in it and 53 percent say managers don’t have the time to do it well. Under 10 percent of companies have scrapped performance management altogether, or plan to do so, and though 30 percent of companies are considering eliminating performance ratings or scores, just 7 percent have already taken the step to do this.

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Design for performance study looks to improve energy performance

Design for performance study looks to improve energy performance 0

Central Park Perth

Developers, owners and occupiers of buildings might expect that compliance with regulations will produce a building that is energy efficient in operation and well on its way towards the 2020 nearly-zero energy target mandated by a European Directive. In practice, the actual performance of most buildings falls well short of the design intent – the so-called performance gap. In Australia, this chronic problem has been eliminated for new office building projects in which clients and their teams sign up to – and then follow – a “Commitment Agreement” protocol to design, construct and manage their buildings to achieve agreed levels of actual in-use performance. Now with the backing of the Better Buildings Partnership, a four month study to develop a prototype UK scheme which embraces Australia’s ‘design for performance’ approach has been launched by a team led by Verco and including BSRIA, Arup and UBT.

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Study links green building design to higher cognitive performance

Study links green building design to higher cognitive performance 0

Green building

People who work in well-ventilated offices with below-average levels of indoor pollutants and carbon dioxide have significantly higher cognitive functioning scores in crucial areas such as responding to a crisis or developing strategy than those who work in offices with typical levels. That is the headline finding of a new study from the Harvard T.H. Chan School of Public Health’s Center for Health and the Global Environment, SUNY Upstate Medical University, and Syracuse University published this week in the journal Environmental Health Perspectives.The researchers looked at people’s experiences in “green” vs. “non-green” buildings in a double-blind study. The findings suggest that the indoor environments in which many people work daily could be adversely affecting cognitive function-and that, conversely, improved air quality could greatly increase the cognitive function performance of workers.

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Seven ways your choice of new office may boost business performance

Seven ways your choice of new office may boost business performance 0

Office moveThere are generally four main reasons why a business considers changing to new office space:  your business is growing and your existing office can’t be expanded to accommodate that growth; your need for office space is reducing due to a change in business circumstances; your office lease is nearing expiration: you are prepared to explore whether a change in office could improve your current business performance. It is the last of these four reasons that sits at the heart of this article, but that does not detract from the validity of the other motivations for investigating options for new office space. Changing office space requirements and/or the fact your lease is expiring do not preclude searching for new ways to improve business performance. In fact, they provide a compelling excuse to explore alternatives and often organisations choose to move for a number of good reasons.

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Shrinking Asian workplace density could impair business performance

Shrinking Asian workplace density could impair business performance 0

Space utilisation in AsiaWorkplace static density, i.e. the space per sq. ft. per workstation, has halved in many Asian markets over the last decade and in many parts of Asia, this has already reached a point where further reductions will impact productivity, performance and retention. In Hong Kong, India and China, workplace space has shrunk from 100 sq. ft. per desk to 50-60 sq. ft. per desk. This figure is nearly half that of Europe and the US, where density norms are around 150-200 sq. ft. per desk. Elsewhere, in Australia and New Zealand, standards remain more generous at around 90-150 sq. ft. per desk. CBRE’s recent report, Space Utilization: The Next Frontier, looks at how organizations across the region are now under pressure to drive down costs by increasing their workplace ‘static density’ and suggests ways in which companies can use workplace density and utilization data to drive efficiency and business performance.

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How biodynamic lighting stimulates sense and performance at work

How biodynamic lighting stimulates sense and performance at work 0

lavigo-pulse-vtl-b1-tagesverlauf-1-bBiodynamic lighting is an artificial light source that replicates the dynamic variations of daylight and sunlight through a light management system. Up until recent times, it was commonly believed that light was only needed for seeing. However, in 2001, an American scientist, G. C. Brainard discovered a circadian photoreceptor in the retina, which receives a specific quality and quantity of light, and sets the biological clock.* He discovered that light not only provides us with the ability to see, but that light enters the eye via the ‘fourth pathway’, which has a vital non-visual or biological effect on the human body. His studies showed that a certain quantity and quality of light stimulates the biological clock, also known as the circadian rhythm, which regulates hormone levels, particularly melatonin and cortisone, in the body and so plays a vital role in our physical and mental wellbeing.

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Focus on wellbeing not productivity to improve company performance

Focus on wellbeing not productivity to improve company performance

wellbeingNew evidence has been published that claims workplaces that value employees’ safety and wellbeing as much as productivity yield the greatest rewards. A study from Colorado State University and the Colorado School of Public Health claims that when the organisation promotes productivity and wellbeing equally to workers, employees report having less work-related musculoskeletal pain. However, when workers perceived an emphasis on either performance or wellbeing unequally, regardless of which concept was felt to be more important, workers reported greater levels of musculoskeletal pain. The trend of emphasising workplace wellness and valuing employee health and wellbeing has been a focus in many organisations in recent years. This study adds new evidence to the argument that using principles such as ergonomics to increase wellbeing in the workplace benefits not only the employee, but the business too.

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Work life balance ranked over performance in global career poll 0

Happiness work life balanceA global survey has revealed being happy at work is more important to staff than a high performance, while nearly half of those polled (45%) in the career survey of 1,225 employees worldwide, by Right Management say achieving a work life balance is the most important issue in their career. This was compared to 17 percent who voted ‘being the best at what they do’ as their top career aspiration. More than half of European workers, (55%) aspire to a work life balance, followed by Asia Pacific (37%) and North America (35%). And in terms of age, it is Millennials at 14 percent that are least likely to aspire to be the best at what they do, compared to Baby Boomers (22%) and Gen X (17%). When it comes to success, enjoyment/happiness at work trumps performance and salary: as 26 percent of employees define success in the workplace as enjoyment/happiness.

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Fresh completes a new installation for Teleperformance in Gateshead

Baltic QuayInterior design and fit-out firm Fresh Workspace has completed a 30,000 sq ft turnkey project at Baltic Place Gateshead for Teleperformance, the world’s largest contact centre and outsourced customer service providers. Teleperformance, which also occupies several sites in The Watermark Gateshead, commissioned Fresh to carry out the fit-out of three floors of the landmark Baltic Quays building on South Shore Road. The project was completed within a 12 week programme of work with a fixed end-date. Works incorporated a range of mechanical and electrical alterations and additions including the provision of a stand-by generator, cooling and fresh air. The full fit-out comprised the specification and installation of partitions, doors, power and data cabling, new furniture, flooring, feature lighting and security systems.

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Report claims business ethics are linked to performance

business ethicsCompanies with well defined and consistent ethical policies are both more stable and more commercially successful, according to a new report published this week by the Chartered Management Institute. Based on a self-reporting survey of 2,500 CMI members the study found that over a third (37 percent) of managers in growing companies rate their own ethics as high, compared to just 19 percent in businesses that are contracting, which suggests a correlation if not causation. Just under a third (29 percent) of managers rate their organisation’s ethical standards as mediocre or poor. Senior managers also appear to have a more positive idea of their own organisation’s ethical standards than those in more junior and front line roles. Nearly half (48 percent) of senior managers believe their organisation has excellent ethical behaviour, compared to just a fifth (22 percent) of junior managers.

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