Search Results for: resilience

August 30, 2022

Working families are only three weeks from breadline, claims report

The latest Deadline to Breadline report from Legal & General claims that the financial resilience of working families in the UK has shrunk by a fifth since 2020, down from from 24 days to 19 days. According to the report, people overestimate by nearly six weeks how long they could fund basic living costs such as housing costs, loans/ credit card repayments, utility bills and food if they lost their income. Households have average savings of £2,431 and debts of £610. Accounting for average daily expenses of £93, this would see the average household run out of money in less than three weeks if they were to lose their income. (more…)

June 28, 2022

Is change your friend or your enemy?

by Jennifer Bryan • Comment, JB, Workplace

Is change your friend or your enemy? If you are a young person leaving home for the first time and are excited about the prospects of striking out on your own – change is most likely your friend. But if you are the parent, watching your child leave the nest, and your close protection, then change could very possibly be your enemy. The same is true when it comes to introducing new ways of working in an organisation. Some people will like the ‘old ways’ because they are familiar and comfortable – they are like second nature and hence don’t take any real thinking. Whereas for others, the ‘new way’ may be quite faster, easier or simply exciting because it is different. (more…)

June 13, 2022

To provide people with better indoor air quality, we need a major upgrade of buildings

by Neil Franklin • Facilities management, News, Wellbeing, Workplace design

Government must seize the post-pandemic opportunity to mandate long-term improvements to infection control in commercial, public and residential buildings to improve indoor air quality, reduce the transmission of future waves of COVID-19, new pandemics, seasonal influenza and other infectious diseases, according to a report published by the National Engineering Policy Centre (NEPC). Infection control must also be coordinated with efforts to improve energy efficiency and fire safety, to support the three goals of safe, healthy and sustainable buildings. (more…)

June 9, 2022

Digital transformation of small businesses could provide massive economic boost

by Jayne Smith • News, Technology

The new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. (more…)

May 20, 2022

Humanity’s omni-fear or meta-opportunity? Uncertainty Experts (with Sam Conniff)

by Freddie Steele • Podcasts, Premium Content

In the latest episode of Workplace Geeks, Chris and Ian interview serial entrepreneur and purpose-driven pirate Sam Conniff, to explore his new project Uncertainty Experts. Described by Sam as an ‘interactive learning documentary’, their discussions explore the motivations behind his latest venture (with collaborators Katherine Templar Lewis, Dr Avri Bilovich and Dr Vivienne Ming), its inventive design, and Sam’s commitment to academically evaluate its impact. (more…)

May 12, 2022

From commuting to computers, finding balance in the hybrid workplace

by Anni Hallila • Comment, Flexible working, Wellbeing

A recent survey from AT&T and Dubber found that 81 percent of respondents believe hybrid work will be the foremost working model by 2024, with 56 percent of work done off site. A striking 100 percent of respondents believe a hybrid work model will help attract young talent. While there are numerous benefits to being able to work from home, as the pandemic continues on, time has brought some of the challenges of remote work to light, serving as a reminder that balance is key to a hybrid work environment. Pre-pandemic, it seemed rare for companies to implement proactive solutions for workplace burnout. Businesses are now presented with the unique opportunity to find balance between in-person and remote work, and create workplaces that thrive within the hybrid workplace model. (more…)

April 13, 2022

Experimentation is the name of the game

by Eugenia Anastassiou • Comment, Facilities management, Flexible working, Workplace design

Uncertain times call for different measures and approaches, the old rules and playbooks are no longer applicable – so what are you going to do? Sit around, stagnate, hanker after old solutions trying to manipulate and squeeze them into new, unknowable, untried paradigms? No! One thing human beings are fairly good at is evolving and adapting to new and unknown situations and as we all know, being flexible and accepting change creates resilience and ensures survival. (more…)

April 5, 2022

Wellbeing and mental health drop down business agenda, despite COVID fallout

by Neil Franklin • News, Wellbeing, Workplace

Wellbeing and mental health are beginning to slip down the business agenda, a new report from the CIPD and Simplyhealth claims, despite the fact that organisations are still dealing with the fallout from COVID-19 and it remains an on-going concern for workers. The Health and Wellbeing at Work 2022 report suggests that the number of HR professionals who think that wellbeing is on the agenda of senior leaders has fallen from 75 percent to 70 percent in the past year. There has also been a drop in the proportion of HR professionals who think senior leaders encourage a focus on mental wellbeing through their actions and behaviours, falling from 48 percent in 2021 to 42 percent in 2022. (more…)

March 29, 2022

Making sense of an uncertain but energetic return to some sort of normal

by Eugenia Anastassiou • Features, Flexible working

The first Omnirama event on the 23rd of March launched the series exploring different factors challenging the world of work in a time of prevailing uncertainty. Underlying Ominirama’s raison d’etre is that recent events have turned the status quo on its head with some major structural and systemic changes taking place. Nobody seems to have any clear idea of how to deal with this enormous transformation in the ways we work All the playbooks and all the guidance that we have all relied upon for so many years have now gone out the window. (more…)

February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. (more…)

February 8, 2022

New business climate demands agility from managers, report claims

by Jayne Smith • Business, News

A 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…)

January 27, 2022

Firms that invest in sustainability are more resilient, research claims

by Jayne Smith • Business, News

Investing in sustainability increases the resilience of small and medium-sized enterprises (SMEs) because they become more creditworthy, according to new research conducted by Vlerick Business School and commissioned by ABN AMRO. Although large companies are under scrutiny from regulators, consumers and the media to become more sustainable, the sustainability transition is unachievable without the involvement of SMEs. Especially since SMEs constitute more than 60 percent of the value-adding economic fabric in Europe. (more…)