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CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. More →

The average day off includes about two and a half hours of work

The average day off includes about two and a half hours of work

the average Brit will spend up to two-and-a-half hours working while technically having a day off on holiday or leave.A recent study by Forbes Advisor claims that a quarter (25 percent) of UK employees will work between three and four hours on days when they are officially “off the clock”. The survey found that the average Brit will spend up to two-and-a-half hours working while technically having a day off on holiday or leave. More →

Technology is stealing your time in ways you may not realise

Technology is stealing your time in ways you may not realise

Technology is supposed to make our lives easier. Smart phones provide a palm-size window to the world, enabling us to do almost anything at the touch of a button. Smart homes look after themselves, and virtual meetings mean that for many, time spent commuting is a thing of the past. So we should have more free time. Time which is now spent sleeping, relaxing or simply doing nothing – right? More →

Distinctive yet simply designed: meet KI-nk

Distinctive yet simply designed: meet KI-nk

Named for its distinctive kinked leg bracket, KI’s new product, ‘KI-nk’, is the perfect addition to your office space. It’s available as part of a table system or as a bench and desk collection. The KI-nk Table System is available in a range of sizes and 3 different shapes – circular, square, and rectangular – so it’s easier to choose the right style for the area you want to fit out, whether that’s a meeting room, a breakout space, executive office, reception, or a café area. Worktops can be specified with either a square or chamfered edge. More →

Focus should shift to reducing energy demand, WEF report suggests

Focus should shift to reducing energy demand, WEF report suggests

A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions.A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions. These are the findings of the World Economic Forum’s Transforming Energy Demand initiative – and a new report – launched in collaboration with PwC and supported by over 120 global CEOs who are members of the International Business Council (IBC), a group representing 3 percent of global energy use. More →

We are not blank slates and we don’t adapt to change in predictable ways

We are not blank slates and we don’t adapt to change in predictable ways

An idea that has never really gone away, but which seems to be enjoying a new lease of life is the tabula rasa. The conception of people as a blank slate is something that has crept back into mainstream political and social thought for a variety of reasons. Arguably, it is also behind many of the most misleading notions about work and workplace design, perhaps most importantly that a change to some single element or characteristic of a working environment will lead to a specific outcome in the behaviour of people. More →

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →

Flexible working is delivering the gift of seasonal productivity

Flexible working is delivering the gift of seasonal productivity

business leaders are still keen to maintain productivity with flexible working amidst the seasonal rush while allowing their team to enjoy the holiday periodEmployees have made it clear that they are keen for flexible working arrangements to stay. In fact, according to the Owl Labs 2023 State of Hybrid Work report, 40 percent of employees would decline a job if they were required to be in the office five days a week. With the festive season in full swing, employees will look to utilise the benefits of flexible working as they return home to their families. More →

For all its flaws, COP28 still gives us a route to a greener future

For all its flaws, COP28 still gives us a route to a greener future

As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future.As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future. The UAE played host to two weeks of debate over climate change as COP28 recently rolled into town. While some questioned this region’s suitability – it being a centre of the fossil fuel industry – perhaps there is an argument to be made that this is exactly where you should hold it – to bring the issues into sharp relief. More →

Two thirds of employees unaware of new flexible working rights

Two thirds of employees unaware of new flexible working rights

Two-thirds of employees are not aware of new flexible working rights that give them a right to request flex work from day one of their jobA new survey from Acas claims that over two-thirds of employees (70 percent) are not aware of new flexible working rights that mean they will have a right to request flexible working from their employer from day one of their job next year. All employees who have worked for their employer for 26 weeks or more currently have the right to ask if they can work flexibly. A new change in the law will make this a right that applies from the first day of employment. More →

Inclusive office design is essential if we want offices to be worth the commute

Inclusive office design is essential if we want offices to be worth the commute

Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth.Corporate culture has fundamentally changed since the pandemic and with it, so has the way employees interact with the office. This has put leaders under pressure to create experiences for employees that complement, and in some ways even compete with, the comforts of home. Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth. More →

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

the increase of zero hours contracts over the last 20 years has created significant risk for workersAn evidence review led by the University of Warwick has concluded that the increase of zero hours contracts over the last 20 years has created significant risk for workers. They found that unreliable work can result in a sudden loss of hours and earnings, and an inability to access legal advice for unfair or potentially unlawful employment practices. Along with colleagues from the ReWAGE expert advisory group, academics at the Institute of Employment Research at the University of Warwick examined the legal and workplace practices associated with zero hour contracts, along with data covering flexibility, pay insecurity, workers ability to assert their rights and workers health and wellbeing. More →