Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

by • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

Two in five architects say they are already using AI on projects

Two in five architects say they are already using AI on projects

by • AI, Architecture, News, Technology

New research by the Royal Institute of British Architects (RIBA) suggests that 41 percent of UK architects are already using artificial intelligence (AI) on at least the occasional projectNew research by the Royal Institute of British Architects (RIBA) suggests that 41 percent of UK architects are already using artificial intelligence (AI) on at least the occasional project, and of those, 43 percent think it has made the design process more efficient. The RIBA AI report includes the findings of a survey asking architects how they are using and plan to use AI. In the next 2 years, 54 percent of architects expect their practice to use AI, and 57 percent think it will improve efficiency in the design process. However, this ambition this doesn’t yet seem to be matched by investment, as 69 percent say their practice has not invested in AI research and development, and only 41 percent expect their practice to invest. More →

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

by • AI, News, Property, Technology

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. More →

People overestimate their ability to handle unknown situations

People overestimate their ability to handle unknown situations

by • Business, News

New research suggests that people tend to be overconfident in their ability to handle unknown situations, which has implications for business and entrepreneurship. A team of international researchers has shared findings on what they describe as overconfident behaviour, which can lead to negative outcomes in business and personal decision-making. Professor Mohammed Abdellaoui, lead researcher and professor at HEC Paris, and colleagues including Han Bleichrodt from the University of Alicante, Spain, and Cédric Gutierrez from Bocconi University in Italy, revealed that our own attitudes to uncertainty play a role in how we assess our own abilities. More →

Young people should be the main focus of mental health efforts (and your chance to use free flexible workspace for a day)

Young people should be the main focus of mental health efforts (and your chance to use free flexible workspace for a day)

by • News, Wellbeing

Young people are now more likely to experience a common mental disorder (CMD) than any other age group – a complete reversal compared to two decades ago when they were least likely to. And the economic consequences are greatest for those whose poor mental health comes alongside poor educational outcomes, with one-in-three young non-graduates with a CMD currently workless, according to new Resolution Foundation research. More →

Growing number of firms tracking activity of remote workers

Growing number of firms tracking activity of remote workers

by • Flexible working, News, Technology

Nearly half of enterprises are collecting data on the hours of remote workers, with another33 percent planning to do so in futureNearly half of enterprises (44 percent) are collecting data on the working hours of remote workers, with an additional 33 percent planning to do so in future, according to a new report from Kinly, The company’s Trusted Connections 2024 study surveyed 425 enterprise AV professionals working in the UK, Germany, Nordics, and the Netherlands. It suggests that 65 percent of enterprises are encouraging staff to install Internet of Things (IoT) devices into their homes, while a third (33 percent) are also investing in analytics platforms to monitor remote workers. More →

Offices not geared up for hybrid working, poll claims

Offices not geared up for hybrid working, poll claims

by • Facilities management, News, Workplace design

Despite a huge increase in the number of businesses adopting a hybrid working model, a new poll from Crown Workspace claims that almost half (46 percent) of hybrid workers believe their office or workspace does not suit a hybrid working model and is in need of modernisation.Despite a huge increase in the number of businesses adopting a hybrid working model, a new poll from Crown Workspace claims that almost half (46 percent) of hybrid workers believe their office or workspace does not suit a hybrid working model and is in need of modernisation. More →

EHRC publishes new guidance on menopause in the workplace

EHRC publishes new guidance on menopause in the workplace

by • News, Wellbeing

New guidance on menopause in the workplace, setting out employer’s legal obligations under the Equality Act 2010, has been issued by the Equality and Human Rights Commission (EHRC)New guidance on menopause in the workplace, setting out employer’s legal obligations under the Equality Act 2010, has been issued by the Equality and Human Rights Commission (EHRC). Many women report experiencing negative impacts of menopausal symptoms in the workplace, with some even feeling compelled to leave their jobs as a result. Research shows that one in ten women surveyed who have worked during the menopause have left their jobs due to symptoms, while two thirds of working women between the ages of 40 and 60 with experience of menopausal symptoms said they have had a mostly negative impact on them at work. However, very few workers request workplace adjustments during this time, often citing concerns about potential reactions. More →

New studies show need for tougher regulation on air quality, says British Safety Council 

New studies show need for tougher regulation on air quality, says British Safety Council 

by • News, Wellbeing

Exposure to even the smallest amounts of particulate matter and poor air quality can have profound and lasting impacts on human healthThe British Safety Council has responded to two new studies by researchers at Harvard University, which found that exposure to even the smallest amounts of harmful particulate matter can have profound and lasting impacts on human health. The announcement also addresses the regulation of air quality and the new lower limits on air pollution set by the European Union (EU). You can see the full studies here and here. More →

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

by • News, Wellbeing

New Occupational Health Taskforce to tackle in-work sickness and drive down inactivityBusinesses will be urged to tackle in-work sickness and stop people falling out the workforce, following the appointment of Dame Carol Black as the Government’s new Occupational Health Tsar. According to the Department for Work and Pensions, she will lead a new Taskforce to improve employer awareness of the benefits of Occupational Health in the workplace. More →

Fear of judgement prevents working parents from using beneficial workplace policies and support

Fear of judgement prevents working parents from using beneficial workplace policies and support

by • News, Workplace

Although many organisations say they recognise the value in supporting working parents many are still failing to see significant or lasting changeAlthough many organisations say they recognise the value in supporting working parents many are still failing to see significant or lasting change, according to a report published by working WOMBA (Work, Me and the Baby), in partnership with Hult International Business School (Ashridge). According to the report,  The priority actions for boards to drive equal opportunities for working parents, many working parents do not use the policies, support and benefits available to them because they fear being judged negatively by colleagues and managers, and worry about the consequences of doing so on career progression. More →

Leaders who vanish in times of crisis increase stress and likelihood of burnout

Leaders who vanish in times of crisis increase stress and likelihood of burnout

by • Business, News

Leaders who are not present during a time of organisational crisis increase workers’ stress levels and the likelihood of them burning out, according to new research from a number of UK business schools, including Durham University Business School. The researchers show that when leaders are absent it creates a more toxic workplace, turning workers against management, as well as increasing workers’ stress, levels of absence and even turnover. More →

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