January Business Health News from Company Pulse
Category : Newsletters
P – People + Processes
Businesses must embrace brain-friendly learning, says neuroleadership expert
People Management 22 January 2018
Paying closer attention to neuroscientific knowledge could transform the way learning takes place inside organisations, remove stress and reduce bias, a leading brain expert has told HR and L&D professionals.
Read more: https://www.peoplemanagement.co.uk/news/articles/businesses-must-embrace-brain-friendly-learning
More than half of employers who pay the apprenticeship levy want an overhaul
Chartered Institute of Personnel and Development 19 January 2018
A report by the CIPD has revealed 53% of employers paying the apprenticeship levy would prefer to see it replaced with a more flexible training levy, compared to just 17% of employers who support the levy in its current form.
Read more: https://www.cipd.co.uk/news-views/news-articles/half-employers-want-apprenticeship-levy-overhaul
Skills shortage biggest risk for business
British Chambers of Commerce 10 January 2018
The BCC Quarterly Economic Survey shows that growth in the UK economy remains subdued, with almost all services indicators below their pre-EU referendum levels and that skills shortages are reaching critical levels.
Read more: http://www.britishchambers.org.uk/press-office/press-releases/bcc-quarterly-economic-survey-skills-shortage-biggest-risk-for-business.html
U – Utilisations + Outcomes
The rise of the robots could compound Britain’s North/South divide
Centre for Cities 29 January 2018
Cities Outlook 2018 shows that automation and globalisation will boost jobs across the country, but may increase divides – with 1 in 4 jobs at risk in cities outside the South.
Read more: http://www.centreforcities.org/press/rise-robots-compound-britains-northsouth-divide-1-4-jobs-risk-cities-outside-south/
Financial services see two years of falling optimism, but activity holds up moderately
Confederation of British Industry 29 January 2018
Optimism in the financial services sector fell for the third consecutive quarter in 2017 in the three months to December but business conditions saw moderate improvement, according to the latest CBI/PwC Financial Services Survey.
Read more: http://www.cbi.org.uk/news/financial-services-see-two-years-of-falling-optimism-but-activity-holds-up-moderately-cbi-pwc/
Business activity growth picks up, but strong cost pressures persist
Chartered Institute of Procurement and Supply 4 January 2018
December IHS Markit / CIPS UK Services PMI® data indicated that business activity growth picked up across the UK service sector, but the latest survey also found softer rises in new work and employment numbers at the end of 2017.
Read more: https://www.cips.org/en-gb/news/news/business-activity-growth-picks-up-but-strong-cost-pressures-persist/
L – Logistics + Infrastructure
Employers are ‘sleepwalking into GDPR abyss’, report warns
People Management 30 January 2018
Organisations are “sleepwalking towards a GDPR abyss”, a new report has warned, with 60 per cent of companies saying they are unprepared for the EU’s General Data Protection Regulation with less than four months until their implementation.
Read more: https://www.peoplemanagement.co.uk/news/articles/employers-sleepwalking-into-GDPR-abyss
Business cyber crime up 63%, UK stats show
Computer Weekly 29 January 2018
Despite an overall decrease in fraud and computer misuse in 2017, the latest Office for National Statistics reports show that incidents involving computer misuse and malware against business are way up.
Read more: http://www.computerweekly.com/news/252433873/Business-cyber-crime-up-63-UK-stats-show
Ransomware was most popular cyber crime tool in 2017
Computer Weekly 25 January 2018
Ransomware attacks on business increased by 90% in 2017, while attacks on consumers leapt by 93%, according to the latest annual state of malware report by security firm Malwarebytes.
Read more: http://www.computerweekly.com/news/252433761/Ransomware-was-most-popular-cyber-crime-tool-in-2017
S – Strategy + Finance
Guess which management trend could affect the value of your company the most
Chartered Management Institute 29 January 2018
Companies that demonstrate gender, ethnicity and disability diversity throughout each level of their organisation are likely to significantly increase their investment potential, according to expert market analysts.
Read more: http://www.managers.org.uk/insights/news/2018/january/guess-which-management-trend-could-affect-the-value-of-your-company-the-most
Carillion crisis exposes toothless Prompt Payment Code
Federation of Small Businesses 25 January 2018
Carillion’s collapse has called into question the effectiveness of the Prompt Payment Code and raised the need for urgent reform to successfully tackle the UK’s late payment epidemic.
Read more: http://www.fsb.org.uk/media-centre/press-releases/carillion-crisis-exposes-toothless-prompt-payment-code
Industry confident of global market boost in 2018 – EEF/AIG Survey
CEEF 8 January 2018
Britain’s manufacturers enter 2018 optimistic that a growing global economy will sustain new orders and industry growth in the year ahead according to a major survey by EEF, the manufacturers’ organisation, and the global insurer AIG.
Read more: https://www.eef.org.uk/about-eef/media-news-and-insights/media-releases/2018/jan/exec-survey-2018
E – Ethos + Relationships
Women ‘impacted more than men by age discrimination’ in the workplace
People Management 26 January 2018
Women in the workplace suffer greater discrimination on the basis of age than men, evidenced by pay inequality, a lack of promotion opportunities and poor access to skills training, the government’s older people and employment inquiry heard.
Read more: https://www.peoplemanagement.co.uk/news/articles/women-impacted-more-than-men-by-age-discrimination
HR must do more to help older workers, government inquiry is told
People Management 25 January 2018
Organisations must do more to retain and promote older workers, experts told an official government inquiry into the the role of older people in the workplace.
Read more: https://www.peoplemanagement.co.uk/news/articles/hr-must-do-more-to-help-older-workers
‘Always on’ culture leading to managers working an extra 44 days a year
Chartered Management Institute 17 January 2018
CMI research reveals UK managers are working longer hours and feel stressed throughout the year.
Read more: http://www.managers.org.uk/insights/news/2018/january/always-on-culture-leading-to-managers-working-an-extra-44-days-a-year