Search Results for: performance

What does Stephen Hawking have to do with office productivity?

What does Stephen Hawking have to do with office productivity? 0

Stephen Hawking office productivityWhether you are in the business of running a company or even running a country, the words efficiency and productivity are not only frequently used in policy and strategic rhetoric, they also appear to be largely interchangeable. This is frequently problematic. There is no denying the importance of both, but understanding their differences is vital to achieving real success when focusing on financial outcomes. The Merriam-Webster Dictionary defines efficiency and productivity in the following ways: Efficiency – the ability to do something or produce something without wasting materials, time, or energy. Productivity – the rate at which goods are produced or work is completed. Essentially, increasing efficiency means doing more with less, whereas increasing productivity means producing more with the same, for a business this typically means with the same amount of staff, space, time or materials.

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Culture change needed to stem senior female executive attrition rate

Culture change needed to stem senior female executive attrition rate 0

female-c-suiteWith less than 10 percent of FTSE 100 companies in this country having a female CEO, a cross party group of MPs from the Women and Equalities Select Committee have been enquiring into ways of increasing the significant under-representation of women at executive levels. The introduction of quotas and regulation has been suggested to address this lack of gender diversity. In its submission to the committee consultant’s Mercer argue that although measures such as quotas can have a visible impact in the short term, the most effective and sustainable way of getting women into senior and executive roles is by focusing on growing and developing a pipeline of female talent in an enabling and supportive environment, tailored to their unique skill-sets, financial, and health needs. Its recently launched study ‘When women thrive, businesses thrive’ shows that senior women leave at much higher rates than men, which supports our argument that the prevailing business culture doesn’t support working mothers.

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What holiday? Why it is vital for productivity to take a digital detox

What holiday? Why it is vital for productivity to take a digital detox 0

Difficulty with digital detachmentThe explosion of digital devices means that we’re always connected to the office, wherever we might be. In a survey conducted by the Chartered Management Institute, only half of UK managers booked a summer holiday. While 35 percent put their annual holiday plans on hold, 69 percent of those not taking a holiday cited their workload as a reason why. Even for those taking some time off, 12 percent planned to check their email daily, 19 percent said they would check their mail most days, and 26 percent planned to check at least once or twice a week. In the US, the situation is the same; 61 percent of employees said that they planned to work during their break. 38 percent planned to spend time reading emails, 32 percent said they would access work-related documents while on holiday, 30 percent planned to take work phone calls, and 20 percent would complete work tasks if asked by a colleague, boss or client.

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New guide available on building the business case for agile working

New guide available on building the business case for agile working 0

Flexible working guideFor employers and employees who have yet to persuade senior management of its benefits, the work-life balance charity Working Families has launched a new online guide on how to construct a business case for agile working. The step-by-step guide spells out the argument that flexible working brings; higher levels of productivity which can lead to increased output at no additional cost; staff retention, reducing turnover and the cost of retraining; recruitment opportunities, ensuring you have access to the best talent; and that flexible working is necessary to adapt to future trends. The guide covers the globalisation of work and demand for 24 hour service; changing demographics and attitudes towards work and both the social case and the health and wellbeing case for flexible working. It also provides some evidence and case studies which show that flexible working increases organisational performance and productivity, along with a look at how technology can facilitate changing working styles and bring about change.

Senior management input required to promote workplace wellbeing

Senior management input required to promote workplace wellbeing 0

Wellness at workJust a third of American workers say they regularly participate in health promotions provided by their employer, despite the prevalence of workplace wellness programmes. According to the American Psychological Association a key part of the solution is increasing senior leadership support. In the APA’s 2016 Work and Well-Being Survey, less than half of working Americans (44 percent) reported that the climate in their organisation supports employee well-being, and 1 in 3 admitted to being chronically stressed on the job. However, nearly three-fourths (73 percent) of employees with senior managers who show support through involvement and commitment to well-being initiatives said their organisation helps employees develop a healthy lifestyle, compared with just 11 percent who work in an organisation without leadership support. Among all employees surveyed, 33 percent said they typically feel tense or stressed out during the workday, and only 41 percent said their employer helps workers develop and maintain a healthy lifestyle.

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People are happy at work but yearn for better tech and a second job

People are happy at work but yearn for better tech and a second job 0

Happy at workThe recent riots across France sparked by mooted reforms to labour laws have been attributed to French workers objecting to the creation of working cultures akin to those in the UK and US. In which case, it would be interesting to see how our Gallic cousins might respond to the findings of a new report from Adobe which suggests that workers in both the UK and US as well as India see technology as the key perk they look for at work and many are perfectly happy to work more than one job and don’t expect long term commitments to (and from) their employers, although many of them also feel defined by what they do for a living and are happy at work. According to The Work in Progress report, a quarter of UK workers already moonlight and over two thirds believe that better technology would be the single most important way of improving their working lives. The same attitudes are also prevalent in responses from workers in both the US and India.

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Canary Wharf bucks London’s Brexit office market slow down

Canary Wharf bucks London’s Brexit office market slow down 0

Canary WharfCanary Wharf has outperformed the Central London office market during the past 12 months, with rental growth reaching 26.7 percent, ahead of Mayfair and St James’. It seems Canary Wharf’s high quality purpose built space, coupled with its relative affordability when compared to the rest of London, has helped attract significant deals in recent months. The most notable deal during Q1 was Thomson Reuters take up of 300,000sq ft in St Martin’s 5 Canada Square. Faisal Durrani, Cluttons head of research, explained, “It was only a matter of time before the area began to draw in occupiers, particularly from the City and City fringes. It’s a market that has undersold itself and its full potential is yet to be realised but we may be approaching a significant turning point in its attractiveness. In recent months, the Central London market has experienced Brexit nervousness and general settling of the market but Canary Wharf has bucked this trend.”

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Digital mobility to work anytime, anywhere is key to job satisfaction

Digital mobility to work anytime, anywhere is key to job satisfaction 0

Mobile workersIn a further nod to the growing relevance of flexible working, the ability to work anytime, anywhere is now key to job satisfaction with well over a third (38 percent) of employees in a global survey rating this as the number one factor, with the UK (43 percent) scoring this the highest. According to the “Mobility, Performance and Engagement” report from the Economist Intelligence Unit (EIU) and Aruba, employees in Western countries report themselves to be happier in their jobs, more loyal to their employers and more productive in their work compared to their counterparts in Eastern markets. When it comes to securing loyalty, the ability to hot desk was seen as paramount by many employees, notably in Singapore (37 percent), UAE (31 percent) and the US (34 percent), while the ability to collaborate with other employees was the number one choice for employees in Germany (43 percent), France (37 percent) and Japan (35 percent).

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Limited budgets greatest challenge to wellness programmes at work

Limited budgets greatest challenge to wellness programmes at work 0

wellness at workSixty-five per cent of respondents in a new survey across Europe, the Middle East and Africa claim that stress and mental health are the health and wellness issues they are most concerned about. Fifty-three per cent say that employees’ physical health is the biggest issue, while unhealthy lifestyles are judged to be the biggest issue by 49 percent. However, according to the study from Aon, only 32 percent of employers have emotional or psychological health programmes in place and 69 percent say limited budgets are their biggest challenge. While 93 percent of employers see a correlation between health and employee performance, just 13 percent of respondents measure outcomes of health strategies. The findings pinpoint areas for improvement and make recommendations to increase health benefits take-up, improve measurement on the impact of health initiatives and to maximise the return on investment that firms make in employee health.

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A fifth of staff experience more stress at home than in the workplace

A fifth of staff experience more stress at home than in the workplace 0

Amityville-HorrorHome may not be the haven we might assume, meaning that employers who encourage staff to work from home may actually be adding to their stress levels. Around a fifth of employees find their domestic lives more stressful than their working lives and many either don’t want to discuss it with managers or feel unable to, claims a new report from MetLife Employee Benefits. According to Building Resilience in the Workplace, 19 percent of employees overall are more stressed at home than at work, with slightly more female respondents to the study claiming to be stressed more by their home lives than the workplace. Around 21 percent of women say their home life is more stressful compared to 15 percent of men. The research claims that 67 percent of employees say domestic issues – including childcare, looking after elderly parents and financial pressures – are having an impact on their work performance.

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Flexible working babble + Tall buildings + Engaging workplace design 0

Insight_twitter_logo_2In this week’s Newsletter; Matias Rodsevich suggests three performance management must haves; Neil Barnfather flags up a lack of disabled representation at board level; and Dr Daniel Wheatley says work-life balance and flexible working continue to be viewed as a ‘women’s issue’. From the latest issue of Work&Place, Serena Borghero looks at the role of workplace design in employee engagement; Mark Eltringham argues there’s no evolution towards a universally accepted model of workplace design and management culture; and that when it comes to skyscrapers, big and clever are two different things. There’s evidence that London’s Central office market has hit its peak; the British public remains ‘clueless or indifferent’ about the nature of smart cities; and we reveal that graduates prefer digitised workplaces. You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

It isn’t easy to grow big when being small makes you more innovative

It isn’t easy to grow big when being small makes you more innovative 0

HR innovation requiredToday one of the key challenges most companies face is being able to scale rapidly while still keeping the innovative edge. Startups have less decision-makers making it easier to take the risks needed to remain as innovative. As these companies grow, they often experience a downturn in innovation as management rises. In fact, many larger corporations are now attempting to harvest the success of startups by creating small internal companies. This begs the question do you have to stay small to be innovative? According to the Economist’s study on organizational agility, the main obstacles to improved responsiveness are slow decision-making, conflicting departmental goals and priorities, risk-averse cultures and silo-based information. This isn’t a problem that faces a select number of companies. A survey by McKinsey&Company found that 94 percent of managers are unhappy with their company’s innovation performance.

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