Businesses boosted by feel-good factor of the Olympics, according to Institute of Leadership and Management research

The feel-good factor generated by the Olympics stretched to businesses, with most avoiding disruption during the Games, a report has suggested.

In fact, London 2012 helped to boost morale among many workforces as bosses allowed their staff to cheer on Team GB in the office and enjoyed increased productivity as a result.

Research conducted by the Institute of Leadership and Management (ILM) discovered that many companies altered the way they worked, with home-based working and different working hours among the many employment options explored.

Fears that home-based workers would be less productive proved unfounded as a fifth of managers felt that adopting such a practice was a positive move.

Charles Elvin, ILM chief executive, said: "After such an uplifting London Olympics, it was great to discover that many organisations also felt some benefits.

"It is encouraging to find that businesses took the opportunity to trial flexible working practices and those that did found it far from being 'a skiver's paradise', their people were productive and motivated.

"We hope that organisations continue to offer more flexible working which, when properly managed, is a powerful motivator and helps to attract and retain talent. With the Paralympic Games starting in a few days, it's another opportunity for businesses that didn't trial flexible working during the Olympics to do so in the coming fortnight."

Meanwhile, a report by Regus appears to give weight to the argument that remote working is a good thing for business productivity.

The office services firm revealed that people who do not come into the office to work often put in longer hours and there is a clear link between flexible working practices and improved productivity.

Despite this revelation, a quarter of the 2,500 people questioned said there was still a company culture of having to be seen behind a desk.

Steve Purdy, managing director of Regus, said: "Even without this summer's events, London commuters - similar to other UK cities - are only too familiar with the stress, expense and long hours associated with relying on public transport infrastructure.

"Employers in the South East may find that the temporary changes they make this summer could lead them to reassess their attitude towards the fixed workplace in the future."

Copyright Press Association 2012