A recent survey showed that 70% of us have email and other messaging channels open all day. Receive, read, reply send, repeat. Add in time for meetings, and things get even worse, with only 1 hour and 12 minutes per day focused on actual work. We leave the office late, commute home and then continue […]
silo /ˈsʌɪləʊ/ verb verb: silo; 3rd person present: siloes; past tense: siloed; past participle: siloed; gerund or present participle: siloing isolate (one system, process, department, etc.) from others. Silos are a common problem for organisations. A PwC survey indicates that 55 percent of companies work in silos, with each function making its own decisions on […]
With artificial intelligence set to take over 50% of the functions in a company, discussions often turn to what technology companies must invest in to compete. But for businesses of the future, superior technology is not the deciding factor for success. Perhaps counterintuitively, it is an investment in human capital which will set companies apart […]
A recent Gallup study of nearly 7,500 full-time employees found that 67% feel burned out “sometimes, often or always” with 23% in the “often or always” categories. Almost all of us will experience this feeling at some point within our careers. Here are 10 ways to avoid or alleviate it: 1) Stay active Exercise is […]
Job stability is a very good thing. But job stagnation is very bad indeed. To prevent routine and boredom from affecting staff morale and productivity, employers should consider reframing work in terms of projects. Instead of seeing employment as a marathon without end, projects encourage employees to put in maximum effort for short sprints. This […]
With Gallup reporting that only 13% of employees worldwide are actively engaged at work, costing companies $450 – $550 billion in lost productivity in the US alone, employers are desperately seeking ways to improve employee morale. Work friendships, a sense of purpose, and an empathetic corporate environment can all significantly boost employee happiness and productivity. […]
With Millennials now comprising a quarter of the world’s population and 35% of the global workforce, this generation is fast overtaking Traditionalists, Baby Boomers, and Gen X put together. But though employers have an idea that these younger employees have different expectations about work and employment, it’s often hard to pin down exactly what Millenials […]
From the newest solo entrepreneur to the most established Fortune 500 company, one factor has proven critical for success – a solid purpose articulated through a well-written Vision Statement. Because without one, it’s all too easy to get bogged down in the minutiae of day-to-day business, putting out fires, and never taking a minute to […]
The perception that it’s a buyer’s market, with employers holding all the bargaining power, is quickly being overturned by the rise in freelancing and more vocal employees. According to Kalido’s own research, 50% of the UK workforce will be classified as freelance by 2020. This trend is mirrored in the US, where 40% of the […]
Shortly after CEO and Chairman of BlackRock, Larry Fink, published his 2019 Letter to CEOs, the internet and airwaves erupted with analyses on what exactly the legendary executive meant when he said ‘Purpose is not the sole pursuit of profits but the animating force for achieving them’. This seemed a direct contradiction of the Friedman […]
One of the most successful taxi companies in the world doesn’t own any cars. One of the most famous hotel chains in the world doesn’t own any hotels. And one of the most beloved retailers in the world doesn’t own any products. Companies like Uber, Airbnb, and Amazon have built powerful and profitable empires, while […]
The workforce of the future will operate in a significantly different environment from that of today. With the rise of artificial intelligence (AI), the shift in focus for business, and the increased importance of soft skills, many employees’ skills will become outdated. For the employer of the future, knowing what skills will be valuable and […]
The modern workforce is unique in history as it is the first time as many as 5 generations are represented. From Traditionalists, to Baby Boomers, Gen X, Millenials, and now Gen Z – how does a company integrate employees that span so many generations? And further, how does it satisfy each generation’s career aspirations? The […]
The psychological biases identified by cognitive psychology and behavioural economics are well known. Anchoring, overconfidence bias, and curse of knowledge are three important biases businesses must guard against to prevent irrational action. But acknowledging a problem is merely the first step towards solving it. To truly prevent heuristics from hampering a business, they must be […]
It’s not going to be business as usual for much longer. Research by global management consultant firm McKinsey estimates that more than half of the existing skills in the workforce will become obsolete in the next few decades. More employees than ever will leave their companies to pursue entrepreneurship. Companies will be increasingly judged, not […]
Talk may be cheap, but good speakers are expensive. Unfortunately, so are bad ones. A bad speaker costs just as much in fees and time as a brilliant one. So, for anyone about to hire, listen to, or become a speaker, learning to spot the duds is all-important. Whether for a conference, or for a […]
There are currently 7.7 billion people in the world. So, it’s a tall order to expect everyone to get along. But understanding more about what makes different people tick goes a long way in smoothing relations. Especially as soft skills will be the essential skill for the future-ready business. Extraversion is one of the Big […]
With the end of the academic year fast approaching, many students will be asking themselves ‘what next?’. And if you’re not asking, you can be sure your family, peers, lecturers, potential employers, and just about every second person you speak to wants to know. What career path will you take? How will you afford rent? […]
After the dust has settled on months of negotiations and back-and-forth, you are finally merged. Congratulations! But it’s not quite business as usual. Integration of new personnel and systems is not a straightforward procedural exercise. Instead, it’s a careful assimilation into an existing culture, as well as a creation of a whole new one. Proper […]
If your company is experiencing high levels of attrition, it’s tempting to dismiss the issue as the result of natural causes like retirement, emigration, and family responsibilities. However, research by the IBM Smarter Workforce Institute cites job dissatisfaction as the cause of 40% of employee exits. The result of an exit is a loss of […]