Your weekly round-up of what's happening in the world of leadership and management this week
What makes a good leader?
Communication and commitment are the most important skills for leaders, according to a new survey. Regus polled business owners and senior managers from across the UK to find out what qualities were deemed most important in a business leader. Richard Morris, UK CEO at Regus, said: "Our survey findings show that just being good at your job is not enough to make you a good leader - indeed, leadership requires a whole new set of skills and attributes. A good manager is one that empowers and trusts their workforce, allowing employees to develop their own skillsets. He or she does not micromanage but instead gives staff the opportunity to use their own initiative and creativity when completing tasks. As well as benefiting the employees by allowing them the freedom to hone vital skills, this is also a powerful staff retention tool."
Flexible working is still low paid
Less than 9% of decently paid job vacancies offer flexible working. Analysis of more than 5m job adverts found little progress in the past year on offering more flexible options to jobseekers, despite warnings to employers who face skills shortages that they are failing to tap into a large pool of potential workers. The findings have been published as part of a campaign to encourage employers to make more jobs available to people who need or want to work part-time or flexibly, such as working from home.
Tech driving the future economy...
A cluster of high-tech engineering businesses has been identified in the area surrounding Silverstone Park by a new research report launched today, May 27. The Silverstone Technology Cluster, which is being backed by the Government, highlights a market of untapped potential. With science and innovation at the heart of the Government's long-term economic plans, growth of the Cluster will strengthen the UK's position as a world-leading knowledge economy. MEPC has identified more than 4,000 small- and mid-sized businesses within two hours of Silverstone specialising in aeronautics, automotive, medical industries, green energy, marine, defence, electronics and sensors, as well as motorsports.
While London has overtaken New York and Shanghai in a global ranking of top tech cities, second only to San Francisco, according to EY. Michael Kent, CEO and founder of Azimo, said: "London is now the best place in the world to build a start-up, particularly in financial services. Regulation is clear and transparent; we have a pool of skilled talent from all over the world." While Richard Shea, Managing Director of EMEA Search, Futurestep, stated: "It is fantastic news that London is being recognised as a pioneer in the technology industry. However, for it to continue to grow and lead the market globally, businesses need to ensure they invest in talent to drive innovation and maintain the entrepreneurial attitude that has nurtured growth to date. This could be by helping and supporting education at a primary level in order to cultivate potential talent early on."
Get ready with your best superhero pose. Thanks to research by Harvard professor Amy Cuddy , and now University College London, we know that simply changing the way you stand can boost your confidence and your career. Her research shows that standing in a powerful pose for just two minutes can reset the body 's chemistry. It encourages testosterone to rise and your stress hormone cortisol to fall. These in turn increase your feelings of power and confidence. UCL has backed her findings in a newly published study that found that women are more likely to be taken seriously at work, and labelled more confident and knowledgeable by participants, if they stood in a traditionally male pose. The researchers concluded that a strong stance with feet planted shoulder-width apart, like Wonder Woman, is best if women want to be considered for leadership.