Potential of AI is putting a smile on the faces of optimistic CEOs

Potential of AI is putting a smile on the faces of optimistic CEOs

by • AI, Business, News, Technology

CEOs are embracing artificial intelligence (AI) and investing in reskilling their people to ensure they have the capabilities to successfully exploit new technologies. The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. More →

Moody’s latest firm to quit Canary Wharf for smaller offices in London

Moody’s latest firm to quit Canary Wharf for smaller offices in London

by • News, Property

Credit ratings agency Moody’s is relocating its London headquarters from offices in Canary Wharf to a new location in the City of London. This move adds to the trend of financial firms opting to leave the Docklands district. The company will shift to offices at 10 Gresham Street in 2026, coinciding with the expiration of its lease at One Canada Square, the iconic pyramid-topped skyscraper in the heart of the east London estate. A spokesperson for Moody’s confirmed the selection of the new location, emphasizing that the move is subject to closing. More →

Most firms set to invest in AI but half admit they don’t know why or how

Most firms set to invest in AI but half admit they don’t know why or how

by • AI, Business, News, Technology

A new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in AI despite being unclear on its business impact or how to implement itA new poll from Orgvue, an organisational design and planning software platform, suggests that businesses continue to ramp up investment in artificial intelligence despite being unclear on its business impact or how to implement it. Four in five (82 percent) of organisations have already invested, with another 33 percent saying they will increase this by more than 50 percent in the coming year.  Based on a survey of 1,000 C-suite and senior decision makers at medium and large organisations, the report, Human-first, machine enhanced: the role of AI in workforce transformation, highlights contradictions in the business community concerning technology investment and AI’s impact on the workforce. More →

Digital communication tools are a constant source of workplace strife

Digital communication tools are a constant source of workplace strife

by • News, Technology, Workplace

A new poll of 4,000 knowledge workers in the UK, US, Germany and Australia suggests that digital communication tools are a constant source of strife in the workplaceA new poll of 4,000 knowledge workers in the UK, US, Germany and Australia suggests that digital communication tools are a constant source of strife in the workplace, especially between different generations of people. The poll from the Adapatavist Group, Mind the generational gap, was co-authored by Dr. Eliza Filby, a Historian of Generational Evolution. With half of companies now employing three or more generations, the report claims to reveal a pressing need for clear digital communication guidelines to support effective collaboration and workplace efficiency among diverse age groups. While highlighting areas of intergenerational friction, it also revealed large areas of mutual understanding and cooperation. More →

UK office occupancy levels reach post-pandemic peak

UK office occupancy levels reach post-pandemic peak

by • Facilities management, News, Property

New data from Remit Consulting suggests that UK office occupancy rates have risen to their highest level since the start of the pandemic.New data from Remit Consulting suggests that UK office occupancy rates have risen to their highest level since the start of the pandemic. Although still below pre-pandemic levels, the data indicates a gradual return to more office-based work patterns. The ReTurn Report is compiled by Remit Consulting each week. It uses data provided by building managers in ten cities based on their property’s access control systems. More →

Third of businesses say they are more likely to hire contractors this year

Third of businesses say they are more likely to hire contractors this year

by • News, Workplace

Just under a third (32 percent) of UK employers plan to hire more contract workers this year, according to a new report [registration] from recruitment company Robert Walters. Over a quarter (29 percent) report being encouraged to do so by the upcoming IR35 offset rule – coming into effect in early April. Not only that, but a January report from KPMG & REC found that demand for temporary professionals continued to increase softly across the private sector towards the end of 2023 – boding well for this year’s hiring. More →

Forty percent of companies calling staff back to the office five days a week

Forty percent of companies calling staff back to the office five days a week

by • Flexible working, News

Two in five companies are returning to a five-days-in-the-office work week, according to new data from Virgin Media O2.Two in five companies are returning to a five-days-in-the-office work week, according to new data from Virgin Media O2. The Telecoms giant’s Movers Index suggest that around 40 percent of firms now require five-day-a-week office work. Meanwhile, 92 percent of companies had some kind of mandatory in-office policy. Wednesday remains the top day for office work, with about three quarters of office workers coming in for the midweek. More →

Three quarters of cybersecurity breaches are down to human error

Three quarters of cybersecurity breaches are down to human error

by • News, Technology, Workplace

A new poll claims that 74 percent of all cybersecurity breaches are caused by human factorsA new poll claims that 74 percent of all cybersecurity breaches are caused by human factors. According to the data, published in  The State of Email and Collaboration Security 2024 report from Mimecast, cyber threats are growing at an unprecedented pace, and the year ahead is fraught with cybercrime and incidents anticipated ahead of the busy election year where over 50 countries head to the polls. With new threats like AI and deepfake technology, the stakes are higher than ever to execute a strong cyber defence. More →

Quarter of people think different attitudes to tech can drive workplace tensions

Quarter of people think different attitudes to tech can drive workplace tensions

by • News, Technology, Workplace

According to a new poll from Capterra, just over a quarter of UK employees feel that a variety of preferences for technology can cause tensions in the workplaceAccording to a new poll from Capterra, just over a quarter of UK employees feel that a variety of preferences for technology can cause tensions in the workplace, especially between different generations. The survey also suggests there is a need for more collaboration and open communication when choosing workplace software. More →

Government scheme will see thousands more people train in technologies like AI

Government scheme will see thousands more people train in technologies like AI

by • AI, News, Technology

Thousands of individuals will receive training and qualifications in cutting-edge technologies like AI as part of new government initiativesThousands of individuals across the UK will receive training and qualifications in cutting-edge technologies like artificial intelligence (AI) as part of new government initiatives. Additionally, other transformative fields such as medicine, 6G, and quantum computing are also part of this initiative. The driving force behind the move is a substantial investment of over £1.1 billion aimed at enhancing the country’s skill base. More →

UK greenhouse gas emissions fall to lowest level since 1879

UK greenhouse gas emissions fall to lowest level since 1879

by • Environment, News

The UK’s greenhouse gas emissions fell by 5.7 percent in 2023 to their lowest level since 1879, according to a new analysis from Carbon Brief.The UK’s greenhouse gas emissions fell by 5.7 percent in 2023 to their lowest level since 1879, according to a new analysis from Carbon Brief. According to the report from the researchers, the last time UK emissions were this low, Queen Victoria was on the throne, Benjamin Disraeli was prime minister, Mosley Street in Newcastle became the first road in the world with electric lighting and 59 people died in the Tay Bridge disaster in Dundee. More →

Real estate sector is at a pivot point worldwide, report claims

Real estate sector is at a pivot point worldwide, report claims

by • News, Property

Despite continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a ‘pivot point’, with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate Global Outlook 2024 from PwC and the Urban Land Institute (ULI). The report amalgamates three regional reports, which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific, and is a key indicator of sentiment towards the global real estate investment and development outlook across the globe. More →

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