Organisations with strong and transparent cultures perform better

Having clearly-defined and communicated values helps companies attract and develop key talent Companies with strong cultures perform better, a study from Mercer has revealed. In research seen exclusively by HR magazine, Mercer analysed Glassdoor feedback from 75,000 current and former employees who were asked to rate their employer’s culture from one to five. Businesses that scored highly tended to be team-orientated and stand by their values. Firms with a ‘great’ culture had a total shareholder return (TSR) outperformance median of 3%; companies rated ‘bad’ for culture had a TSR outperformance of -11%. The research found that while company culture can create [...]

2018-04-10T11:05:52+00:00 April 10th, 2018|

THE CHANGE SERIES #2 Getting the most out of your people tech

Jane Sunley, business author, CEO + Founder of Purple Cubed  For organisations of all types and sizes, digitising the ‘people stuff’ will bring about numerous benefits. You’d expect it to help you save time and cost though, used correctly and with commitment, it will also help with recruitment and selection, with employee engagement and retention, with communication, creativity, recognition, health and wellbeing, with growing capability, with leadership, with enabling people to progress, contribute and drive their careers – the list goes on… However, investing in people tech is seen by many as a potentially risky and expensive business and [...]

2018-03-27T10:32:20+00:00 March 27th, 2018|

How to harness change successfully

In the ‘good old days’ you could line up your people, tell them how it was going to be and they’d go off and deliver it. But things have changed. There’s certainly a lot of change afoot right now – you only have to look at some of the high street hospitality businesses to see that. Many businesses are finding it really difficult to adapt to change fast enough.  Economic tensions, environmental challenges, political fragmentation are the language of the modern economy and it’s causing great uncertainty and volatility all round. And as technology and globalisation continue to advance, [...]

2018-03-20T10:14:40+00:00 March 20th, 2018|

Business leaders failing to drive change

This article originally appeared in HR Magazine - Business leaders failing to drive change Leaders are reluctant to make changes in their organisations, research from Purple Cubed has revealed The research found that, while employers recognise challenges within their businesses, few felt they were able to take action through investing in new ideas, instead choosing cost-cutting, risk-averse approaches. In its qualitative research Purple Cubed found that of the 60 leaders interviewed, few saw managing change as a priority. The majority saw the economy and political climate as the biggest risk to their organisations. Furthermore, many leaders felt too overwhelmed by [...]

2018-04-12T10:11:08+00:00 March 15th, 2018|

BUSINESSES ARE BEHIND THE CURVE WHEN IT COMES TO ADAPTING TO CHANGE

Whether it’s biology or business, the phrase ‘survival of the fittest’, (Spencer, Darwin), has been proven time and time again. Those who adapt are most likely to survive and thrive.  Yet despite the evidence, too few organisations are effectively adapting to the modern world as defined by continuous change. Economic tensions, environmental challenges, political fragmentation; this is the language of the modern economy and it’s causing great uncertainty and volatility around the world. Add in the third and fourth industrial revolutions and you soon realise that ‘fast’ has become the ‘new big’. And as technology and globalisation continue to [...]

2018-03-15T11:09:06+00:00 March 15th, 2018|

The HR Revolution #6 Growing leadership capability – a three-minute read

During 2017, Purple Cubed interviewed more than 60 senior leaders across a wide variety of disciplines to find out how, in this vastly changed and changing world, organisations are successfully growing leadership capability. What we discovered was disappointing. Despite the third industrial revolution, the pace of change, and our volatile, ambiguous and complex climate, hardly anyone was veering off the traditional path. Leadership today goes beyond traditional business skills; it requires superior change management skills (thinking, problem solving, communication, emotional intelligence and so on…). It therefore makes sense to develop them universally – creating leaders at all levels. Holacracy [...]

2018-01-23T17:30:16+00:00 January 4th, 2018|

Future proofing your business – it’s about your people

The face of business is changing… Employees have more power than ever, they can influence culture, drive the customer experience, impact sales and influence the image of your employer brand. This power, if recognised and appropriately harnessed, can help businesses achieve a powerful competitive advantage in any industry. Attracting, developing, engaging and retaining the best talent is now, more than ever, the biggest challenge facing businesses small and large today. Put simply, great people make a great organisation; which is the key to future proofing. The business case for employee engagement is clear. While engagement and culture is considered [...]

2018-01-31T11:40:11+00:00 September 8th, 2017|