Search Results for: professionals

The metaverse will shape the future of work. Here’s how

The metaverse will shape the future of work. Here’s how

by • Comment, Technology, Workplace design

future of work and the metaverseAlthough the term ‘metaverse’ was coined in 1992 by science fiction novelist Neal Stephenson, it has only just entered the mainstream lexicon after Facebook changed its name to Meta to reflect its strategic focus on making this sci fi vision a reality. Given that there is no singular definition of what a metaverse is, and there will be many competing metaverses transforming our experience of social media, electronic commerce and how we collaborate and transact online, it is important that leaders start to understand the profound ways in which this new technological paradigm is set to radically impact on the future of work. (more…)

New business climate demands agility from managers, report claims

New business climate demands agility from managers, report claims

by • Business, News

new business climate demands agilityA new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate.  According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum.  (more…)

Business ethics boosted by pandemic

Business ethics boosted by pandemic

by • Business, News

business ethicsEntering the third year of a pandemic, more professionals responsible for business ethics and compliance worldwide say that their ethical culture is more potent as a result of the COVID-19 pandemic, according to the latest annual Ethics and Compliance Program Effectiveness Report from LRN. But, while values and ethics helped sustain companies during the pandemic, new areas of concern have emerged. And, there is a significant gap between companies with high-impact ethics and compliance (E&C) programs and those with low-impact ones. The top-ranked programs were proactive, utilised available resources, and made their programs more accessible to employees. High performing organisations also scored 27 percentage points higher than low-performing ones when it came to weathering COVID. (more…)

Hybrid working? Let’s put on a show

Hybrid working? Let’s put on a show

by • Comment, Flexible working

hybrid working performanceI’m currently rereading Art Kleiner’s masterful book The Age of Heretics which describes the history of ground-breaking thought in management in the 20th Century and the lessons we forget. It remains a relevant book for the new era of ‘hybrid working’ because the book draws a distinction between two fundamental schools of thought in management theory. One of these sees management as a numbers game in which people are inherently problematic and so must be directed what to do based on data and routines of desirable activity and behaviour. And the other sees people as well meaning, capable and adaptable with managers there to facilitate and channel their abilities and help them develop. (more…)

Wellbeing ‘not necessarily’ harmed by long hours, study claims

Wellbeing ‘not necessarily’ harmed by long hours, study claims

by • News, Wellbeing

wellbeing and long hoursPutting in overtime often comes at a cost of stress, burnout and depression. But extra work doesn’t always negatively affect wellbeing. In fact, according to recent research from academics ESCP Business School, it could be the opposite. According to the study, the crucial difference lies in the motivation behind the long hours, whether they stem from an inner desire or external pressures. (more…)

Lack of ‘face time’ leaving people feeling disengaged

Lack of ‘face time’ leaving people feeling disengaged

by • News, Wellbeing, Workplace

quality face timeAround two thirds of professionals say they are ‘highly likely’ to leave their job this year due to a lack of face time with leaders within their organisation. Following the announcement yesterday from Government that working-from-home restrictions will be dropped, an annual employee survey from recruiter Robert Walters claims to reveal the potential damage of upholding remote leadership in 2022. Results from survey suggest a correlation between a decrease in output and morale for professionals who claim they see their manager (face-to-face) less than once a week. (more…)

Firms need to do more to engage, attract and retain staff

Firms need to do more to engage, attract and retain staff

by • Flexible working, News, Workplace

Over 40 percent of employers are finding it more difficult to retain and recruit staff, according to Aon’s Benefits and Trends Survey 2022 (registration). The report claims that many employers have adjusted their benefits strategies to address an intense labour market, in which employee work motivations have shifted in the wake of the COVID-19 pandemic. Forty-one percent of employers said they have found it more difficult to retain staff in the last year, while 44 percent have found it more difficult to recruit new staff. Many employers anecdotally expressed in the survey that they need to pay higher salaries or sign-on bonuses to entice new recruits. (more…)

Great Resignation offers firms a chance to create the Great Retention

Great Resignation offers firms a chance to create the Great Retention

by • Comment, Flexible working, Wellbeing, Working culture

Great Resignation and the Great RetentionThe last 18 months have seen unprecedented change. Covid-19 has forced people to re-evaluate every aspect of their lives, including their career. As a result, we’ve seen a surge in workers taking charge of their careers and leaving their jobs as part of the so-called Great Resignation. Recent data from the ONS shows that there were nearly 1.2 million job vacancies in the UK this quarter, with 15 of 18 sectors reporting record numbers. (more…)

Warning over worker welfare on 2022’s first day ‘not back in office’

Warning over worker welfare on 2022’s first day ‘not back in office’

by • Flexible working, News, Wellbeing

officeThe 4th January was the first working day of 2022 for many employees, but due to ongoing working from home restrictions the majority will not be attending their usual workplaces. According to the latest research from the Institute of Workplace and Facilities Management (IWFM), more than half of office workers had expected to be back in the office today, and three quarters would have been back by the end of this week. (more…)

One in six employees are retrained and ready for new careers

One in six employees are retrained and ready for new careers

by • News, Working lives

retrainedA new survey has revealed that nearly one in six (15 percent) employees working in the UK have already retrained for a new role or profession. Their current employers just don’t know it yet. (more…)

Poor data means most property investors fail to consider human health

Poor data means most property investors fail to consider human health

by • Business, News, Wellbeing

human healthProperty investors are not considering how the indoor conditions of a building will impact upon human health due to poor data, a new survey suggests. The ESG Data Challenge survey, which details the views of 121 real estate investors and professionals, claims there were serious issues in the quality of environmental, social governance (ESG) data being received, with many doubting its quality. (more…)

Majority of UK workers would consider quitting their job if hybrid working was axed

Majority of UK workers would consider quitting their job if hybrid working was axed

by • Flexible working, News, Working lives

hybridMore than half (51 percent) of UK workers who currently have the choice to mix remote and office working would consider leaving their company if this hybrid option was removed, according to new research released by Microsoft in conjunction with YouGov (fieldwork undertaken 7th – 15th October 2021).
(more…)

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