Employers need to prepare workers for the new era of artificial intelligence

Employers need to prepare workers for the new era of artificial intelligence

by • AI, News, Technology, Workplace

Employers need to prepare workers for the new era of artificial intelligencePeople and machines are entering a new era of learning in which artificial intelligence (AI) augments ordinary intelligence and helps people realise their full potential. But CIOs need to prepare workers for a future in which people do more creative and impactful work because they no longer have to perform many routine and repetitive tasks, according to analysts speaking at the Gartner Symposium/ITxpo.  Although AI will give employees the time to do more, organisations will need to train and retrain their employees in anticipation of AI investments, with CIOs also likely to be the leader or instigator of AI initiatives in their organisation.

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Flexible office market to grow by a third each year for next five years

Flexible office market to grow by a third each year for next five years

by • Facilities management, Flexible working, News, Property, Workplace design

Gig economy leading to growth of flexible office space says JLLThe gig economy has helped lead to the doubling in size of the flexible office space sector since 2014 and it’s set to grow by up to 30 percent per year over the next five years claims new research published by JLL. Disruption or Distraction, a report delving into the growth of flexible office space across Europe explores the main drivers of the sector’s boom – including evolutionary changes in how, when and where people work, shifts in lifestyle, and rapid advancements in technology – and provides unique insights into the risks and rewards for both companies and real estate investors in Europe. (more…)

Employers struggle to understand what motivates people in new generation of megacities

Employers struggle to understand what motivates people in new generation of megacities

by • Cities, News, Workplace

Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.

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Third of UK workers find it hard to maintain a work life balance

Third of UK workers find it hard to maintain a work life balance

by • Flexible working, News, Wellbeing, Workplace

Third of UK workers find it hard to maintain a work-life balance

Almost a third (30 percent) of UK workers don’t feel that they have a good work life balance in their current role, despite the fact that the majority (73 percent) would like to keep their work and home lives separate from one another. According to a study of over 2,000 workers across France, Germany, Italy, Netherlands and the UK from ADP (Automatic Data Processing), UK workers have a tougher time separating their personal and professional lives than European workers. An average of one third (33 percent) of European workers surveyed felt a bad day at work affected their personal life, compared to 38 percent in the UK. Worryingly, almost a third (30 percent) of British workers feel their work does not make a difference. Across Europe, women tended to find a work life balance more appealing, with 62 percent identifying it as a very important feature of their ideal job, and only 52 percent of men doing the same. Interestingly, the younger the employee the less likely they were to identify work life balance as important.

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Working parents lead the charge of British workers into the side hustle

Working parents lead the charge of British workers into the side hustle

by • News

A new study published by GoDaddy and the Centre for Economics and Business Research (Cebr), claims that ‘side hustling’, in which people have small business ventures running alongside their main job, has risen by around a third over the last decade. The study claims that the UK’s side hustlers make a substantial contribution to the economy, with every 1000 side hustles creating 876 extra jobs. The report, Side hustle: a way of life, not work also claims that 44 percent of side hustlers are parents with at least one child under 19 living at home.

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CIPD research argues role of HR is increasingly vital to the world of work

CIPD research argues role of HR is increasingly vital to the world of work

by • Flexible working, News, Workplace

CIPD research argues role of HR is increasingly vital to the world of workA new report from the CIPD has found that most of those working in the HR and people management sector are confident exercising their judgement, with six in ten (64 percent) agreeing their job gives them the opportunity to fully express themselves as a professional. But more than just providing stimulating work, the people profession in 2018: UK and Ireland report shows the profession enables individuals to contribute to the ‘greater good’ and gives them a sense of purpose. People professionals also enjoy their job, with more than two-thirds of respondents  saying their work makes them happy (70 percent) and energised (67 percent).

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Companies increasingly worried that Internet of Things could become a major burden

Companies increasingly worried that Internet of Things could become a major burden

by • News, Technology

The performance of Internet of Things (IoT) devices could undermine the performance of an entire organisation, according to a new report (registration required) from software firm Dynatrace, based on a poll of 800 CIOs. The report claims that nearly three-quarters (74 percent) of IT leaders are concerned that Internet of Things (IoT) performance problems could directly impact business operations and significantly damage revenues. This is mostly because 78 percent of CIOs said there is a risk that their organization will roll-out IoT strategies without having a plan or solution in place to manage the performance of the complex cloud ecosystems that underpin IoT rollouts. In fact, 69 percent of CIOs predicted that IoT will become a major performance management burden as they struggle to overcome the escalating complexity of their modern enterprise cloud environments.

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Employees call for radical new approach to address stress at work

Employees call for radical new approach to address stress at work

by • Flexible working, News, Wellbeing, Workplace

Employees call for radical new approach to address stress at work

Today marks the start of International Stress Awareness Week, 5th – 9th November 2018, and new research claims that two-thirds of employees (64 percent) have ‘poor’ or ‘below average’ mental wellbeing according to the Short Warwick-Edinburgh Mental Wellbeing Scale (SWEMWBS). The research, conducted by The Stress Management Society and commissioned by workplace consultants, Peldon Rose found that over a third (36 percent) of people say their workplace stress has been on-going for the past five years.

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Skills and new businesses drive decade of recovery for UK cities

Skills and new businesses drive decade of recovery for UK cities

by • Cities, News

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

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Office take-up in Central London looks set to grow despite Brexit looming

Office take-up in Central London looks set to grow despite Brexit looming

by • Cities, Facilities management, Flexible working, News, Property

Continuing demand for office space within the Central London commercial property market has helped dispel pessimism about the future of London post-Brexit, according to the latest figures from Savills. Take-up of office space in the City of London reached 5.1 million sq ft at the end of the third quarter of 2018, just 1 percent down on the same point in 2017 and 18 percent up on the 10-year average, while the amount of office space under offer in London’s West End market was 1.9 million sq ft as of the end of September, a new record, which challenges the view that the market is in danger of decline. (more…)

British workplaces are amongst safest in world but work remains

British workplaces are amongst safest in world but work remains

by • News, Wellbeing

Although Britain remains one of the safest countries to work in the world, too many workers are still being injured or made ill by their work a new report shows. Annual statistics from the Health and Safety Executive (HSE) show 1.4 million workers were suffering from work-related ill health and around 555,000 from non-fatal injuries in 2017/18. The annual statistics, compiled by HSE from the Labour Force Survey (LFS) and other sources, cover work-related ill health, workplace injuries, working days lost, costs to Britain and enforcement action taken.

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Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

by • AI, News, Technology

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   (more…)

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