Search Results for: governments

It`s not just businesses that need to wake up to changes in the way we work. Governments do too

It`s not just businesses that need to wake up to changes in the way we work. Governments do too

We have come a long way since the government began encouraging home working in March, ahead of the national lockdown. It seems wildly naïve now to assume that we would all be back in the office two or three weeks later as if nothing had ever happened. After many months of mixed messages regarding ‘stay at home’ versus ‘go back to work’, many business owners and employees quite rightly feel that the whole process seems like one step forward, two steps back. And yet, one thing that has become clear for all office-based businesses is that working life has changed forever. (more…)

Governments should respond to needs of older workers

Governments should respond to needs of older workers

Illustration of older workers in an officeWhile firms are already being asked to do more to support their older workers by organisations like The Centre for Ageing Better, a new OECD report is arguing that it is an issue that Governments are not addressing as well as they might. It claims that the rapidly ageing population of countries around the world means that governments should promote more and better job opportunities for older workers to protect living standards and the sustainability of public finances.

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Governments must do more to prepare people for the future of work

Governments must do more to prepare people for the future of work

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD which explores the future of work. Without rapid action, many people, particularly the low skilled, will be left behind in the fast-changing world of work. The OECD Employment Outlook 2019 is part of the OECD’s Future of Work initiative and the “I am the Future of Work” campaign, which aims to make the future of work better for all, helping to transform learning and social protection systems and reduce inequalities between people and across regions.

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Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart city technologies could save businesses, governments and citizens globally over US$5 trillion annually by 2022 according to a new whitepaper from ABI Research (registration required). The new white paper analyses the scope for cost savings and efficiency as a driver for smart city deployments, smart technologies and the Internet of Things (IoT). According to the report, titled ‘Smart Cities and Cost Savings,’ the use and deployment of IoT and smart technologies will be pivotal to the future success of smart cities, but only if players collaborate to embrace a holistic approach. With higher concentrations of people and enterprises in cities as a result of urbanisation, smart city and IoT technology, along with new sharing and service economy paradigms, will be key for cities to optimise the use of existing assets, maximise efficiencies, obtain economies of scale and ultimately create a more sustainable environment. Automation, artificial intelligence, along with sensors, data-sharing and analytics, will all be critical in helping cities save costs.

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Governments need to address perfect storm of low wages, productivity and automation

Governments need to address perfect storm of low wages, productivity and automation 0

Governments need to act now to address issues such as productivity, automation and stagnating or falling wages, according to two new reports from the International Monetary Fund (IMF). In both its Spring global policy agenda and world economic outlook, the IMF claims that workers are subject to a perfect storm of factors that will destabilise their jobs and lives unless governments implement robust policies to help them work more flexibly, acquire new skills and work alongside the new generation of automated technologies instead of in competition with them. Addressing the issues in a speech last week, IMF managing director Christine Lagarde said that governments need to create a new economic and social architecture that allows everybody to take advantage of the opportunities offered by technology and the current growth in the world economy.

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OECD report calls on governments to do more to close the productivity gap

OECD report calls on governments to do more to close the productivity gap 0

bridging the gapThe world that we see emerging is increasingly defined by a series of gaps. One of the growing distinctions between haves and have-nots in the global economy is identified in a new report from the OECD, which suggests that there is a technological and closely related productivity gap between the world’s most productive businesses and economies and everybody else. The authors of the study claim that workplace productivity is now both the key driver of economic growth and also the best way of addressing the most important challenges facing businesses and economies in the 21st Century including the environment, income disparities and changing demographics. They suggest that the productivity gap needs to be closed up with a range of policies that incentivise both firms and economies to better use the technology they have available, invest more in R&D, adopt new business models and innovate more effectively.

EU Governments urged to maximise the potential of older workers

EU Governments urged to maximise the potential of older workers

The rise in the number of older workers in the UK has been well documented, and the reason is clear, they are a much needed resource. Over the next ten years there are 13.5 million job vacancies which need to be filled, but only seven million young people predicted to join the job market in that time. And the UK is not alone; the EU faces significant skills gaps due to demographic change. But according to a new International Longevity Centre –UK (ILC-UK) report, Working Longer: An EU perspective, supported by Prudential, EU countries urgently need to skill up the older workforce, support more older women in work and address the particular health issues associated with employing older workers. (more…)

London named world’s most intelligent city in new AI benchmark report from BCG

London named world’s most intelligent city in new AI benchmark report from BCG

London has been ranked as the world's most intelligent city in the inaugural Intelligent Cities Index from Boston Consulting Group (BCG), reflecting the capital's ability to translate AI, digital technology and innovation into economic opportunity and improved public services.London has been ranked as the world’s most intelligent city in the inaugural Intelligent Cities Index from Boston Consulting Group (BCG), reflecting the capital’s ability to translate AI, digital technology and innovation into economic opportunity and improved public services. The study assessed 61 major cities across 39 countries against five measures of “intelligent city” maturity: resident outcomes, strategy, technology adoption, ways of working in government and enabling factors such as infrastructure, talent and investment. London topped the overall ranking ahead of Dubai, New York City, Washington DC and Amsterdam. (more…)

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres have always been a slight anomaly in the Built Environment sector, part property and part critical infrastructure (talking in wattage rather than square footage for example), lacking aesthetic appeal and they are not significant employers, they are often considered a necessary evil to support our hyper-communicative lifestylesThe Data Centre Congress which took place from June 1st to 4th in Cannes is to data centres what mipim is to the more traditional markets in property, a place where the good and the great – from investors and operators, to the engineers and power providers, gather to network and contemplate the challenges and the future of the sector. In Q1 last year there was a slight chill through the sector after Microsoft halted data centre plans across the US and Europe to the tune of 2GW, citing caution around the overexpansion of AI and uncertainty around tariffs. What seemed like bombshell news at the time, felt like a mere blip and a distant memory at the 2026 edition and this juggernaut of activity is showing zero signs of slowing, a market that is currently worth over $300 billion is set to rise to $699.13 billion by 2034. (more…)

UK is trapped in reactive cycle of sickness and inactivity, warn wellbeing experts

UK is trapped in reactive cycle of sickness and inactivity, warn wellbeing experts

Business leaders, policymakers and workplace experts have warned that the UK’s fragmented approach to work, wellbeing and welfare is undermining economic resilienceBusiness leaders, policymakers and workplace experts have warned that the UK’s fragmented approach to work, wellbeing and welfare is undermining economic resilience, with comparisons to Denmark highlighting the pressure placed on the NHS and benefits system in Britain. The warning came during a Westminster roundtable  for the Policy Liaison Group on Workplace Wellbeing chaired by Dame Carol Black on 13 May. The discussion followed shortly after the King’s Speech opened the new parliamentary session with a renewed emphasis on “economic security”. Participants argued that Britain’s rising levels of long-term sickness and economic inactivity will require a more coordinated approach involving employers, government departments, healthcare systems and insurers. (more…)

Shift to a low carbon economy could create millions of jobs but risks widening global divides

Shift to a low carbon economy could create millions of jobs but risks widening global divides

The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030The shift to a low carbon economy is expected to reshape labour markets across the world over the next five years, with almost 14.4 million jobs set to be affected by 2030, according to a new report from the World Economic Forum. The research suggests that while 2.4 million roles will be phased out, the emergence of new industries and technologies will generate around 12 million new positions, resulting in a net gain of 9.6 million jobs. Yet the report warns that the scale of disruption, combined with persistent economic and geopolitical pressures, could deepen existing inequalities both within and between countries. (more…)

Not just cuckoo clocks. Why Switzerland is the world’s most innovative country

Not just cuckoo clocks. Why Switzerland is the world’s most innovative country

Switzerland retains its long-standing position as the world’s most innovative economy, followed closely by the United States, Sweden, the United Kingdom, and SingaporeIn Orson Welles’ famous scene-stealing cameo in The Third Man, his character Harry Lime comes out with that (in)famous speech about Swiss culture. “In Italy for thirty years under the Borgias, they had warfare, terror, murder, and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance,” he says. “In Switzerland, they had brotherly love, they had five hundred years of democracy and peace, and what did that produce? The cuckoo clock.” This does the Swiss a disservice in a number of ways, not least that a major new report claims that Switzerland is maintaining a long tradition as the most innovative country in the world. (more…)