September 27, 2017
Millennial stereotypes debunked as research confirms they display a full range of personality types
With a plethora of reports around that generalise the behaviour of an entire generation of people, yet another exploration of the Millennial has to be approached with caution. But for this latest study, “The Millennial mindset: Work styles and aspirations of the most misunderstood worker”, Deloitte Greenhouse analyses the Business Chemistry types of millennials and (thank goodness) dismisses some of the most common stereotypes. Among the key findings, 60 percent of millennials identify with two of the four primary Business Chemistry types: Guardians, detail-oriented pragmatists, and Drivers, who focus on outcomes and goals. It also found that 59 percent of millennials identify with a workstyle that is more introverted and less comfortable with ambiguity in the workplace—very different from traditional thinking about millennials. In contrast, the study reveals that baby boomers are represented by millennials’ opposing Business Chemistry types – Pioneer and Integrator, the two most nonlinear, ambiguity tolerant and networked work styles. Twenty-nine percent of baby boomers identify as Pioneer – with an equal number identifying as Integrator – while 22 percent identify as Driver and only 20 percent as Guardian.
The majority of UK employees (61 percent) do not feel encouraged by their employer to lead an active lifestyle, despite most managers agreeing that exercise positively impacts employees’ productivity (78 percent) and their ability to handle stress (82 percent) claims new research from AXA PPP healthcare. Of those British employees who do exercise after work, nearly half (46 percent) would prefer to do so before work but 79 percent blame a lack of time in the morning; yet for those who find time to be physically active before work, three quarters (75 percent) feel it spurs them on to be more effective in the morning while 69 percent feel more productive. More worryingly, nearly half of employees (45 percent) of employees admit they do not do the NHS recommended 30 minutes of daily exercise, five times a week, but finding time to be physically active during the working day can be difficult, or undesirable. Sixty?two percent of employees with good intentions to exercise at work find they’re cancelling their lunchtime exercise plans due to workload or work commitments.
Cyber risk is becoming increasingly common while the types of breaches are becoming more diverse, claims a new white paper by the audit and accounting expert BDO. For instance, ransomware is now the fifth most common type of malware; with the cost of freeing up computer systems from ransomware tripling since 2016. Yet organisations are continuing to spend up to four times more on insuring other company assets (e.g. property, equipment etc.) than on cyber insurance, despite an increasingly widespread belief that their cyber assets are in fact up to 14 percent more valuable. The report also finds that as cyber incidents increase, they become more difficult – and therefore more expensive – to defend. In the new cyber insurance white paper, BDO’s global cybersecurity leadership group stresses the importance of businesses gaining an understanding of their unique risk profiles in order to ensure the right cyber insurance for their needs. Cyber insurance: managing the risk does include some of the positive trends around cyber security – for example, both the level of Board involvement and investments in cybersecurity have increased significantly in the last 2-3 years.
October 2, 2017
Time to start a new culture to tackle stigma on mental wellbeing issues in the workplace
by Kate Cooper • Comment, Wellbeing
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