Search Results for: digital transformation

Corporate real estate firms lagging on digital transformation

Corporate real estate firms lagging on digital transformation

corporate real estate and digital transformationResistance to change and lack of resources are holding back real estate firms on digital transformation, a new report [registration] claims. The study involved more than 175 innovation leads in corporate real estate organisations at locations worldwide, including British Land, JLL, Cushman & Wakefield and Buro Happold. Authored by Swedish PropTech academic Olli Vigren, the report sets out to explain why the sector has fallen behind other industries in adopting new technology. More →

Digital transformation of small businesses could provide massive economic boost

Digital transformation of small businesses could provide massive economic boost

digital transformationThe new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. More →

The digital transformation dilemma: UK employees want pandemic-era tech to stay

The digital transformation dilemma: UK employees want pandemic-era tech to stay

digital transformationAs the UK prepares to return to normal in the coming months and industries reopen, research from The Workforce Institute at UKG claims that as a result of the COVID-19 pandemic, 87 percent of UK workers have been propelled into the future of work by accelerating their digital transformation projects. Furthermore, 86 percent are enjoying the benefits of these new technologies, and 38 percent are fearful that their organisation will go back to the “old way” of doing things post-pandemic. More →

Employee buy-in crucial to digital transformation success

Employee buy-in crucial to digital transformation success

digitalFacilities management businesses are failing to keep their workforce at the heart of their digital transformations, leading to employee dissatisfaction and hindering the success of digitalisation initiatives, claims new research by Nexer, in partnership with applied futurist Tom Cheesewright. More →

Companies fail to consider employee needs during digital transformation

Companies fail to consider employee needs during digital transformation

digital transformationLenovo has published a new study which claims that organisations are placing business and shareholder goals above employee needs during their digital transformation. The research, conducted among 1,000 IT managers across EMEA, suggests that just 6 percent of IT managers consider users as their top priority when making technology investments. More →

The second wave of digital transformation after lockdown

The second wave of digital transformation after lockdown

The reimagining of business in the digital age to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements has been happening at varying speed for decades. The coronavirus pandemic is impacting digital transformation in a range of ways. More →

Digital transformation becomes number one skills issue

Digital transformation becomes number one skills issue

Digital transformationOrganisations across Europe are facing a skills challenge caused by digital transformation, with many struggling to keep pace with learning and development (L&D) needs, claims research from Skillsoft. Carried out in the UK, France and Germany, the research suggests that reskilling in the face of changing and increasingly digital working environments is the biggest single issue for L&D professionals across all three countries (42 percent of respondents on average). More →

Cultural issues hold back digital transformation

Cultural issues hold back digital transformation

New research from Oracle and the WHU – Otto Beisheim School of Management claims that many organisations have invested in the right technologies to enjoy the benefits of digital transformation, but lack the culture, skills or behaviours necessary to reap them fully. According to the report (registration), business efficiency increases by two thirds when the right technology is implemented alongside seven key factors but only by a fifth when implemented without them.

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Digital transformation plans ignoring role of HR

Digital transformation plans ignoring role of HR

HR must enhance its reputation amongst senior management teams and business leaders if it is to take a leading role in driving the success of digital transformation projects, claims a new report from MHR. The poll of 250 business leaders at organisations with more than 1000 employees claims that just 5 percent of respondents felt the HR department should be the people to lead or manage a digital transformation project. The full results of the survey are explored in MHR’s report ‘Businesses are not ready to transform (but they don’t know that)… which was launched at the Festival of Work in London this week. More →

Employees sceptical about attitudes of employers to digital transformation

Employees sceptical about attitudes of employers to digital transformation

More than half of employees are confused about the true meaning of ‘digital transformation’ and have a high degree of scepticism about their employers’ appetite for digital innovation, a new poll suggests. The research into employees’ attitudes toward digital transformation, innovation and cutting-edge technologies such as artificial intelligence, conducted by YouGov amongst employees at 500 businesses with 50 or more employees, on behalf of Cherwell Software, found that 57 percent of employees don’t know the correct meaning of ‘digital transformation’: 20 percent of respondents couldn’t hazard a guess at its meaning and 12 percent thought it meant moving to a paperless office.

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Navigating organisations through digital transformation

Navigating organisations through digital transformation

It’s hard to escape the digital disruption that is reshaping not only the world we live in, but the fundamental way that businesses operate. Greater levels of data exchange and automation are creating new layers of innovation, shifting functional workflows to agile systems. And to prosper in this upheaval, leaders must look at how they can support their company’s ability to adapt and identify new opportunities to embrace these changes.

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Digital transformation offers great opportunities for firms, but at a risk

Digital transformation offers great opportunities for firms, but at a risk

Digital technology can improve our lives but it also poses a major risk of widening social inequality and blocking opportunities for people without the skills to navigate the online world safely, according to a new OECD report. A mix of technical, emotional and social skills is a pre-condition for people to combine their digital and real lives in a balanced way, and to avoid the mental health problems and other risks linked to abuses of online technologies, the report says.

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