The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to optimise their workplaces, according to a new study by Ricoh and Oxford Economics, titled ‘The Economy of People’. Contributor Phil Keoghan, CEO - Ricoh UK and Ireland.
The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare.[i]Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office.
Published: 15 May 2018
Businesses are not easing information overload, with just two-fifths having a process in place to capture, record and retrieve business communications. New research by TeleWare, has uncovered challenges experienced by employees with regards to information overload. With businesses of all shapes and sizes facing productivity issues as a result.
Published: 27 April 2018
I do enjoy a crossword puzzle, but I remember setting about a particularly tough one. All was going well, just a few clues left to solve, even “mithridate”- the poison antidote - failed to stall my progress. Then along came ten across, which singularly brought my preened and coiffed crest tumbling down in frustration and, quite frankly, ruined my afternoon. The clue was short and to the point, it just said “foresight”.
Published: 28 March 2018
Productivity is a major economic and business issue, with the UK falling behind the average for the other six members of the G7 group of industrial nations by 15 percent when it comes to productivity performance. Only 26 percent of workers respect their senior leadership team. Just three in ten (30 percent) feel like they belong to a team and their role in that team is valued.
Published: 24 March 2018
When it comes to tackling productivity and efficiency within an organisation, attention often turns to system and process-driven overhauls to instigate positive change. However, when a global manufacturing brand sought to bring about performance improvements, they acknowledged the need to create an innovative new internal brand.
Published: 20 February 2018
January is often the bluest month of them all as everyone’s in a post-Christmas funk and eagerly looking forward to pay day. But it doesn’t have to be like this! In fact January brings those frosty starts to the day, that cosy feeling you get when it’s dark and cold outside, and a warm and toasty office.
Published: 6 February 2018
New research from Bupa has found that two-thirds (64%) of UK employees have gone into work within the last 12 months despite feeling unwell, and a third (27%) have ignored their doctor’s advice to stay at home. Presenteeism is a growing challenge for UK employers, which needs to be tackled because of the impact it can have on productivity and absenteeism.
Published: 22 January 2018
Highly-engaged employees significantly impact your business, contributing to productivity and financial success. Enhancing employee engagement not only helps to counteract low levels of productivity but significantly improves profitability.
Published: 18 January 2018
A one percent improvement, just one… that’s all we need to take productivity in the UK from the bottom, to the top of the international league table. Halting the plague of micromanagement across the business world would solve this at a stroke, and the role of the HR director is key.
Published: 17 January 2018
Last month’s budget announcement was full of promise with regard to bridging the productivity and skills gap for the UK as Philip Hammond promised extra funding for artificial intelligence, skills and technology. But when it comes to helping young people find their feet in a struggling workforce, this ad-hoc government funding for impressive-sounding technology misses the mark.
Published: 21 December 2017