Linstock’s Friday Takeaway – 1 April 2016

“Emotional intelligence can improve business operations and have a positive impact on the workplace environment.”

Good Week: Smart technology
Over the next six weeks, the BBC will be exploring the impact of technology on building sites. Driven by a bid to improve energy efficiency in the workplace, smart technology – the ability to connect to and interact with the web – offers big potential energy savings that range between 20 and 50 per cent. Research firm Gartner predicts that commercial buildings will have more than 500 million connections during 2016, offering a better working environment by allowing workers to control factors such as heating via a smartphone app.

Bad Week: National Living Wage
David Cameron’s tweet about the new National Living Wage (NLW) coming into effect this morning has received backlash on social media. Hundreds of Twitter users were quick to brand the Tory leader’s tweet, which read: “I’m proud the National Living Wage comes into force today,” as an April fool’s joke. The NLW means that workers over the age of 25 are now required to receive a salary of at least £7.20 per hour. Although the Government aims to increase the rate to £9 an hour by 2020, the current rate has been criticised for excluding younger workers.

Good Week: Behavioural Science
Research from Pinnacle Therapy, a behavioural therapy service, shows that emotional intelligence (EQ) can improve business operations and have a positive impact on the workplace environment. Anecdotal feedback reveals that business leaders and employees with high levels of EQ are likely to be more successful in the long-term because EQ helps to establish interpersonal effectiveness, leading to more valuable relationships in the business arena.

Bad Week: Donald Trump
Donald Trump’s controversial statement on abortion, a key issue in US politics, has caused uproar across social media and other news outlets. Following contradictory comments during an interview, the Republican candidate admitted to “misspeaking” on the topic, saying: “If I say something that’s off one way or another, it gets massive publicity. If somebody else does it, nobody cares.” A Washington Post/ABC poll reveals nearly two-thirds of independents, 80% of young adults and nearly half of Republicans and Republican-leaning voters view Trump unfavourably.

Linstock News

The total value of legal services to the UK economy is £25.7 billion, yet lack of legal education and awareness makes it difficult for consumers to make informed decisions. We explain how behavioural science and decision aids can help in our latest blog, ‘Legal Aid anniversary – how can behavioural science help legal consumers make better decisions?’

Client News

Aston University’s George Feiger featured in Times Higher Education (THE). Arguing for the commercialisation of intellectual property, the pro vice-chancellor and executive dean of the University’s Business School said: “Universities need to invest in the right people to make the leap from intellectual property to covetable product.”