Search Results for: transformation

Digital transformation efforts yet to translate into greater productivity at many firms

Digital transformation efforts yet to translate into greater productivity at many firms

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturityBritish and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers. More →

HSBC Headquarters in Canary Wharf to undergo major transformation

HSBC Headquarters in Canary Wharf to undergo major transformation

This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic buildingIn a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. The global banking giant will relocate to the Square Mile as part of a company refresh, prompting an overhaul of its existing headquarters. This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic building into a state-of-the-art space encompassing workspaces, leisure, entertainment, and educational facilities. The building is wholly owned by the Qatari sovereign wealth fund (QIA), with CWG serving as the development partner. More →

We must embrace AI for sustainable workforce transformation

We must embrace AI for sustainable workforce transformation

Some say AI will take on “80 percent of the jobs that exist today”, but history has shown that technological advancements have consistently led to the creation of new job rolesEach technological revolution has gotten faster; and the era of Artificial Intelligence is accelerating at an unprecedented rate—an intimidating prospect, given Musk’s recent prediction of AI surpassing human intelligence. Some say the tech will take on “80 percent of the jobs that exist today”, but history has shown that technological advancements have consistently led to the creation of new job roles, elevating the standard of living and improving overall productivity. More →

Focussing on people means business transformation is far more likely to succeed

Focussing on people means business transformation is far more likely to succeed

A new study from EY and Saïd Business School study suggests that leaders prioritising a human-centred approach to transformation turning points are up to up to twelve times more successful.  The EY organisation’s latest research with Saïd Business School, at the University of Oxford, reveals new insights into what happens when a transformation program’s leadership believes a transformation has or will go off-course and intervenes with the intent of improving its performance (turning points). More →

Has digital transformation led to an upsurge in workplace disinformation?

Has digital transformation led to an upsurge in workplace disinformation?

You don’t have to look far to find misinformation. Just a few weeks ago, amid the aftermath of the coup in Niger, online platforms were being inundated with false information, intensifying tensions surrounding the nation’s future. This included erroneous videos on TikTok and Twitter suggesting the presence of Wagner Group (Russian state-funded) fighters, false claims about Algeria’s military involvement, and inaccurate assertions about banning uranium export to France. More →

From ego to eco – a universal approach to  workplace transformation

From ego to eco – a universal approach to workplace transformation

Going from ‘ego to eco’ extends beyond the narrow confines of the workplace and our personal and professional lives, additionally it is not just confined to ecology and the environmentYou might quite rightly be thinking about the relevance of such a ‘hippy, dippy’ soundbite on the hard-hitting world of work and the workplace, especially in this climate of uncertainty with a myriad of challenges facing business, the workforce and commercial real estate globally. I first heard the phrase ‘going from ego to eco’ at a series of presentations cum incubator events EverythingOmni ran with participants of all ages/backgrounds/career levels representing 18 countries on the Uncertainty of Work.

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Digital transformation projects rarely meet aims and expectations

Digital transformation projects rarely meet aims and expectations

A graphic of a man's head to illustrate the nature of digital transformation for workersNew research published by Boston Consulting Group (BCG) claims that while 94 percent of companies have big aspirations to deliver substantial and rapid impact from digital transformation, and companies plan to increase investment in digital transformation in spite of global economic headwinds, the majority of these projects fail to achieve their objectives. More →

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 →

Employers expect significant organisational transformation due to technology advances

Employers expect significant organisational transformation due to technology advances

organisational transformationDue to the significant workplace technology changes brought on by the pandemic, more than half (53 percent) of employers plan extensive organisational transformation in the next two years. More →

Urban environments and buildings needs a transformation, report claims

Urban environments and buildings needs a transformation, report claims

urban environments smart cityAhead of COP26, green business leaders around the world have called for government and industry action on buildings and infrastructure. The World Green Building Council (WorldGBC) has published a new report, which it claims helps to identify opportunities for how a transformative, integrated approach to urban environments and buildings is essential to deliver change in line with the commitments of the Paris Agreement. More →

Global real estate CEOs plan for industry transformation

Global real estate CEOs plan for industry transformation

real estateThe real estate industry needs to transform to serve the needs of people and cities in the next decade, according to a new report released by the World Economic Forum. COVID-19 has revealed vulnerabilities throughout the real estate industry, ranging from indoor air quality problems to excess supply and accelerated underlying demand drivers, which need to be addressed for buildings and cities to be healthier, prosperous and more sustainable. More →