Landmark, a leading provider of flexible workspaces, has unveiled the findings from its inaugural Business Style Barometer. The research offers valuable insights into contemporary office culture and the dynamics of workplace communication.

The research highlights the nuanced role acronyms play in office environments. While they can foster camaraderie among colleagues, they can also be a source of confusion and potential exclusion. A significant 53% of respondents admitted that the use of acronyms can be perplexing. This has led to concerns about inclusivity in communication, with 12% of respondents believing that acronyms can cause workplace exclusion. Furthermore, 24% stated that the use of acronyms adds time to workplace communications. Interestingly, this sentiment was more pronounced in London, where 41% agreed that linguistic shortcuts lengthen task durations.

Nevertheless, there are those who see the positive side of using shorthand. Nationally, 10% of respondents felt that acronyms foster team spirit, a figure that rises to 18% among London-based respondents.

In terms of recognisability, ‘W/C’ and ‘B2B’ were the most identified acronyms, recognised by 38% and 37% of respondents respectively. Conversely, ‘WIFIM’ and ‘NRN’ were the least familiar, with only 3% of participants

Top 10 most recognised acronyms

Acronym

% of respondents to recognise the acronym

W/C

38%

B2B

37%

KPI

32%

W/E

29%

TOIL

26%

DND

20%

COB

20%

WIP

20%

BAU

19%

EOW

18%

 

Generational Differences in Acronym Recognition

The research also shed light on the varying familiarity with acronyms across different age groups. For instance, 25% of 18-24-year-olds were unfamiliar with any of the presented acronyms. This was closely mirrored by the 55-64 age bracket, where 24% reported the same. Interestingly, only 15% of 35-44-year-olds were unfamiliar with the acronyms, suggesting that older millennials may be the most ‘acronym-savvy’ demographic. In contrast, 41% of those aged 65 and over admitted to not recognising any of the presented acronyms.

A closer examination revealed discrepancies in what respondents believed certain acronyms represented, underscoring the potential for confusion. For instance, while some associated ‘COB’ with ‘caution on board’, others believed it stood for ‘close of business’ or ‘cost of business’.

Commenting on the findings, Sam Mardon, Chief Customer Officer at Landmark, emphasised the need for clarity in communication. He noted the potential for acronyms to both streamline conversations and cause confusion, depending on individual familiarity with the terms. Mardon advised office workers to minimise ambiguity to ensure effective communication.

 

The Value of Office Interactions

Delving into the motivations that draw employees to the office, the research found that 45% of respondents viewed social interactions with colleagues as the primary benefit of office attendance. This was followed by collaborative work projects (43%) and face-to-face meetings (36%).

The study also touched upon the importance of personal workstations, with 51% of respondents prioritising this aspect for a conducive working environment. This preference varied with age, with 61% of those aged 55-64 valuing a personal workspace, compared to 37% of 18-24-year-olds. Younger respondents, on the other hand, placed higher importance on lifestyle amenities, such as games rooms and drink selections.

Top 10 least recognised acronyms

Acronym

% of respondents to recognise the acronym

G2G

10%

SOW

8%

BID

7%

MTD

7%

IAM

5%

EOT

5%

LET

4%

SMB

4%

NRN

3%

WIIFM

3%

The research further touched upon the evolving nature of the traditional working day, suggesting a continued shift from the standard 9am-5:30pm routine.

In conclusion, Landmark’s Business Style Barometer provides a comprehensive look into the current state of office culture, revealing the complexities of workplace communication and the evolving preferences of office-goers.

 

Translations

W/C

Week commencing

B2B

Back to back

KPI

Key performance indicator

W/E

Weekend

TOIL

Time off in Lieu

DND

Do not disturb

COB

Close of Business

WIP

Work in progress

BAU

Business as usual

EOW

End of week

PO

Purchase order

EOM

End of month

EBITDA

Earnings Before Interest, Taxes, Depreciation and Amortisation

EBIT

Earnings before interest and taxes

TL;DR

Too long; Didn’t read

OTP

One time payment

G2G

Good to go

SOW

Statement of work

BID

Twice a day

MTD

Month to date

IAM

In a minute

EOT

End of topic

LET

Leaving early today

SMB

small and medium-sized business

NRN

No reply needed

WIIFM

What’s in it for me