Tag Archives: Improvement
The quarterly Labour Market Outlook (LMO) provides a set of forward-looking labour market indicators highlighting employers’ recruitment, redundancy and pay intentions.
The survey is based on responses from 2,066 employers. The survey also considers the extent of hard-to-fill vacancies and how employers are attempting to tackle skill and labour shortages, including through the employment of EU nationals and the recruitment of disadvantaged or under-represented groups in the labour market.
The report examines the interrelation between migrant worker employment, skills investment and employment practices among UK employers, a significant but often under-reported part of the migration debate. Additionally, this report considers employer attitudes towards the various policy options that the UK Government may be considering to help control the number of migrant workers from the EU through its proposed changes to immigration policy that are due to be unveiled in its forthcoming
Employment: According to the report, the demand for labour in Q1 2018 will remain robust. This quarter’s net employment balance – which measures the difference between the proportion of employers who expect to increase staff levels and those who expect to decrease staff levels in the first quarter of 2018 – has decreased to +16 from +18 over the past three months. This is consistent with official labour market data, which show that the number of vacancies in the UK economy remains well above historical average levels.
Several major organisations have found ways to generate significant improvements to their bottom line through imaginative ideas schemes and campaigns.
Make it Worthwhile: Numerous organisations operate an employee suggestion scheme - having suggestion boxes - real and electronic, but few organisations would claim that theirs was a massive success.
There is another way to do this and that is to focus on the process for a short period and make it everyone’s responsibility to generate at least one idea.
Constant change is a norm in today’s fast-paced business environment.
It’s become important for companies to respond almost immediately, in order to sustain in a business world where geographical boundaries are continually diminishing; technology is rapidly advancing; customer expectations are ever changing and the whole world is 24/7 connected.
Agility is one of the most important means to deal with it.
If you look at businesses that are progressing and growing, you will find that it’s their ability to be flexible and nimble that’s been helping them stay ahead of the competition. They are the ones that
- Are more likely to be first to the market
- Innovate more frequently
- Are the best employer brands
Given the speed of market changes, an increasing number of companies, irrespective of their size and nature, are jumping on the agile bandwagon to survive and grow in a tumultuous business environment.
Sticking to the traditional values and modus operandi is not going to help. One must remember that agility is not just about implementing and executing new processes or templates. Rather it’s about developing an agile mindset and empowering people to face challenges without hesitating.
So, what does it take to build a company that’s flexible enough to respond quickly and efficiently to market changes? Well, just thinking about being agile doesn’t make you agile.
So, how do you go about it? Listed below are introductory steps that you need to take to prepare yourself to move towards agility.
Ask yourself these questions (more…)
Q. What is Project Management?
A. Project management is the science (and art) of organizing the components of a project, whether the project is the development of a new product, the launch of a new service, a marketing campaign, or a wedding.
A project isn’t something that’s part of normal business operations. It’s typically created once, it’s temporary, and it’s specific. As one expert notes, “It has a beginning and an end.” A project consumes resources (whether people, cash, materials, or time), and it has funding limits.
Project Management Basics: No matter what the type of project, project management typically follows the same pattern:
1.Defining the Project
If you are a business advisor or a business interested in understanding more about the value of intellectual property assets this free seminar held at iCentrum will help you.
They will show you how intellectual property underpins innovation and why strategic management of intellectual property assets is vital for business growth.
Speakers include the Department for International Trade who will discuss internationalisation of your ideas, local firms Browne Jacobson and Barker Brettell will discuss collaboration with your ideas and protecting them.
IPO will explain the intellectual property journey and key steps to take along the way. Midlands Innovation, representing eight major universities in the region, will demonstrate how local businesses can benefit from their world-leading intellectual property portfolio.
DATE AND TIME: Wed 14 March 2018 | 08:30 – 12:00 GMT
There are plenty of legendary bad business decisions: Blockbuster passing up the chance to buy Netflix and Kodak sitting on the digital camera just two that spring to mind.
But there are also some legendary smart moves: "I'll have the merchandising rights in exchange for a smaller pay packet," said a certain George Lucas.
What separates good companies from great companies, and good leaders from great leaders is decision-making.
And there are four key decisions that you need to nail if you want to see your business grow.
- Decide… on the right people to work with
No company can work towards growth without good employees. Google's recruitment processes and incentives, for instance, are geared towards attracting and retaining the best available talent. Hammocks, arcade games and free ice-cream may not be your thing, but just like Google, your staff are vital to your company's growth, and just like Google, you want the best available talent.
To find the best-fit candidates, you need a process; you don't want to make up your recruitment drive as you go along. But that process doesn't need to be protracted; but it does need to consider the values and behaviours you are looking for needs to be considered – not just the skills and knowledge. (more…)