December 16, 2020
The weakness of purpose and the shift to problem-solving
BlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. (more…)
Research published by 
Employee monitoring is an emotive topic. Businesses may wish to monitor their staff for a variety of reasons. For instance, they may wish to prevent the unauthorised disclosure of confidential or sensitive information, or detect attempts to steal valuable intellectual property. In the current conditions, dominated by the coronavirus pandemic, many businesses have opted to use automated means to monitor staff productivity. However, from an employee’s perspective, the use of monitoring software may be intrusive if not distressing. Further, if it has been implemented without regard to data protection law, it is potentially illegal. 
Nearly seven in 10 business leaders and decision-makers say that investments in digital technologies in 2020 have enabled their organisations to increase revenue, save money and improve productivity, according to a new survey released by 
The number of companies monitoring their employees is growing. According to a Gartner survey, more than 22 percent of employees use employee movement data, while 17 percent of them are monitoring computer usage. With companies choosing to monitor employees, privacy laws are also catching up, and thus there is a need for explaining employee monitoring to prospective hires. Employee monitoring is defined as the use of monitoring devices and methods by companies to learn about their employees’ 
The repercussions of Covid-19 for the small business community have been particularly ruinous. Recent figures paint a worrying picture, revealing that approximately 76,300 SMEs in London alone ceased operations completely as a direct result of the pandemic, with lockdowns costing from £30,000 to £75,000 for one in ten small businesses. As the most vulnerable business segment in the current crisis, SMEs needed the biggest support and, by the end of April, had already received over £4 billion via the government’s 
Earlier this month, in a sudden and unexpected turn of events, the prime minister’s chief adviser, Dominic Cummings, walked out of 10 Downing Street for the last time, having resigned/been asked to leave, depending on whose account of the episode you believe. However, the affair unfolded in reality, it seems clear that the departure of Cummings and Director of Communications, Lee Cain, was precipitated by workplace conflict and a series of internal disagreements, which had pushed their relationships with certain colleagues to breaking point. 
At a time when we aren’t generally supposed to get within two metres of each other, depending on what the rules happen to be today (or part day), there’s a lot of embracing going on. Almost in some quarters as though it’s a resigned acceptance. You know the curve, with the part at the end where having denied it, got angry then depressed and reluctantly bargained with it, we finally get on with it. Which of course isn’t how anything 
The UK’s digital skills gap could pose a risk to economic recovery, new research from 
Despite the last-minute extension of the furlough scheme, new research conducted among UK business leaders claims that great concern remains around making redundancies and in particular the legal risk. The survey of over 440 UK business leaders, conducted by employment law and HR support firm 
December 18, 2020
The shape of things to come for the world and the workplace
by Mark Eltringham • Comment, Flexible working, Technology, Wellbeing, Workplace design