Aus businesses missing innovation opportunities – report

Australian businesses are missing out on opportunities for improved workplace productivity and performance, according to a new report.

The report, titled ’Work in Evolution’ and commissioned by Canon, examines Australia’s wider business landscape through a survey of 300 employers and 1,010 employees from businesses with more than 20 employees.

Effie Fox, Director, HR & Communications, Canon Oceania said the findings demonstrate that Australian businesses typically have a way to go to catch up to the expectations of employees – but, pleasingly, that most are willing to embrace the changes required, which is often the first step.

66 per cent of those surveyed agreed that their workplaces had been set up in their current format for a long time but they had not yet considered change.

In addition, 41.7 per cent of employees did not consider that their workplace drove productivity, 41.2 per cent disagreed that their workplace fostered creativity and innovation and 50.5 per cent said their workplace didn’t provide the latest technology for staff.

More than a quarter (28.1 per cent) of employers were not considering enabling more people to work remotely.

“Employers must be both alert and agile, and respond to these changes, otherwise they are at risk of being overtaken by competitors – as well as missing out on attracting and retaining the best talent. This means addressing legacy working strategies, styles and policies that do not support cultures of trust, diversity and inclusion,” said Fox.