Firms are throwing resources at AI knowing they are likely to fail

Firms are throwing resources at AI knowing they are likely to fail

by • AI, News, Technology

three quarters of UK businesses are gearing up to invest in AI over the next 12 months without really knowing what they are doingDespite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum  suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →

Books, smiles and house plants make the best impression on Zoom calls. But maybe not that particular book

Books, smiles and house plants make the best impression on Zoom calls. But maybe not that particular book

by • Flexible working, News, Technology

the best way to create a good first impression on Zoom calls or in any virtual meeting, is a visual background of house plants and books, especially when they are realA new study by psychologists at Durham University claims that the best way to create a good first impression on Zoom calls or in any virtual meeting, is a visual background of house plants and books, especially when they are real. In the recent paper published in the Journal PLOS ONE, Associate Professor Paddy Ross and colleagues from  Department of Psychology, investigated what really matters when it comes to making the best and worst first impressions in a virtual meeting environment. More →

Real estate tech strategies advance AI, workplace and sustainability

Real estate tech strategies advance AI, workplace and sustainability

by • AI, News, Property, Technology

Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?headcount, footprint and operating budgets, the report suggests.  More →

Why your business needs to invest in embedded BI

Why your business needs to invest in embedded BI

by • Company news, Technology

Alt text: A person working on a computer looking at two screens utilizing embedded BI tools.In this day and age, businesses are constantly searching for strategies to enhance their operational capability. With the advent of technology, numerous tools have emerged that aid companies in achieving a significant edge in the competitive business environment. One such essential tool is embedded business intelligence (BI), which is pivotal in making informed business decisions. Keep reading to learn more about embedded BI. More →

Hybrid working and flexibility seen as drivers of successful employee experience

Hybrid working and flexibility seen as drivers of successful employee experience

by • News, Technology

The report argues that hybrid working models are now recognised by the majority of business leaders as fundamental to positive workplace experienceA new report claims that while 90 percent of businesses see the enablement of remote and hybrid working as having a positive impact on their bottom line, less than half (48 percent) of organisations strongly agree that employees have access to the technology they need to work well both at home, and in the office. The report from NTT claims that approximately 56 percent of hybrid workers spend half the work week at the office. More →

Employers struggling to keep pace with AI adoption

Employers struggling to keep pace with AI adoption

by • AI, News, Technology

While the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologiesWhile the use of AI tools in the workplace is rapidly increasing, many organisations are lagging in providing guidance and training in the use of these technologies, according to  new survey commissioned by Ricoh Europe. This governance gap comes amidst growing interest within companies to implement automation solutions. The poll of 6,000 workers across Europe, conducted by Opinium, suggests there is a gap between workers’ use of emerging technologies and organisations’ efforts to support and manage that usage. More →

SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

by • AI, Business, News, Technology

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

From the archive: The way to create a successful workplace is simple, but never easy

From the archive: The way to create a successful workplace is simple, but never easy

by • Comment, Flexible working, Technology, Workplace design

This was originally published in December 2020. All happy families are alike; each unhappy family is unhappy in its own way. As is now the way of these things, the famous opening words of Anna Karenina have been used to name a principle that is applied across a wide range of fields. It describes how success can only happen in one way, but failure comes in many forms. More →

Eighty percent of hybrid workers feel anxious about attending day-to-day work meetings

Eighty percent of hybrid workers feel anxious about attending day-to-day work meetings

by • Flexible working, News, Technology

A survey of 2,000 hybrid workers and reveals that 8 in 10 people often feel anxious or worried about attending day-to-day work meetingsA new report based on a survey of 2,000 hybrid workers and remote employees reveals that 8 in 10 people often feel anxious or worried about attending day-to-day work meetings. The white paper titled Zoomed In, Zoned Out [registration] has been released by Craft Docs, and reports on hybrid and remote workers’ attitudes towards business meetings and other daily workplace processes in 2023. More →

An uncertain world, but CEOs remain broadly bullish about the future

An uncertain world, but CEOs remain broadly bullish about the future

by • Business, Flexible working, News, Technology

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businessesGeopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

Generative AI will outperform humans on traditional recruitment processes

Generative AI will outperform humans on traditional recruitment processes

by • AI, News, Technology, Workplace

The use of Generative AI is common with around seven in ten of younger people set to use it to complete job applications and assessmentsA new report from Arctic Shores, a psychometric assessment provider, claims that the use of Generative AI is already common among students, younger workers and job applicants, with around seven in ten of 2,000 respondents to a survey expecting to use ChatGPT while completing a  job application or assessment over the next 12 months, and 17 percent already using it.  With 72 percent of students and candidates using some form of Generative AI on a regular basis – a number that has increased by 50 percent in just four months – the implications for employers and talent acquisition leaders are profound, the report argues. More →

Younger workers ready to embrace their new robot overlords

Younger workers ready to embrace their new robot overlords

by • News, Technology

Despite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will 'supercharge' the industry in which they workDespite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will ‘supercharge’ the industry in which they work. According to the second Young Generation in Tech survey, commissioned by HiBob and Venture Capital fund Eight Roads, almost four in five of the 2,000 20-30-year-olds surveyed in tech across Europe believe AI will have a positive impact on their work. More →

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