Search Results for: investment

How generative AI is shaping a new landscape for creativity

How generative AI is shaping a new landscape for creativity

by • AI, Comment

 

The impact of generative AI on creative workflows is challenging, profound and multifaceted, writes Chris Hewish Every significant leap in technology has promised more than it has delivered. Or, perhaps more accurately, it has delivered something different from what was promised. When automation began infiltrating manufacturing in the 19th century, there was widespread fear that it would render human labour obsolete. Instead, it transformed the nature of work, creating new categories of jobs and even eradicating others. The digital revolution of the late 20th century followed a similar trajectory. It shifted the burden of tasks, spawned entirely new industries, and necessitated new skill sets. (more…)

Firms are betting big on the impact of AI on their business

Firms are betting big on the impact of AI on their business

by • AI, News

 

Big AI bets are being made globally with nearly one in 10 businesses spending over $25m this year on AI initiativesA new report published by consulting firm Searce claims that organisations across the UK and US are making significant investments in artificial intelligence this year with nearly one in 10 decision-makers in both the UK (8 percent) and US (7 percent) planning to spend over $25 million. The 2024 State of AI report [registration] is based on a poll of 300 C-Suite and senior technology executives – including Chief AI Officers, Chief Data & Analytics Officers, Chief Transformation Officers, and Chief Digital Officers – at organisations with at least $500 million in revenue. The research examines some of the biggest trends, successes, and challenges facing businesses in their artificial intelligence decision-making, strategy, and execution. (more…)

How can companies address the skills gap and ongoing talent shortage in their industry?

How can companies address the skills gap and ongoing talent shortage in their industry?

by • Company news

 

Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent and bridge the skills gapThe modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation. Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent. (more…)

Organisations need to address the rising problem of workplace sickness

Organisations need to address the rising problem of workplace sickness

by • News, Wellbeing

Rising levels of workplace sickness are costing UK businesses billions each year, according to a new report from the Institute for Public Policy ResearchRising levels of workplace sickness are costing UK businesses billions each year, according to a new report from the Institute for Public Policy Research (IPPR). The think tank’s analysis reveals that the annual hidden cost of employee sickness has surged by £30 billion since 2018. Of this increase, £25 billion is attributed to lower productivity from employees working while ill, with only £5 billion due to an increase in sick days. (more…)

Challenging the concept of work-life balance as we know it

Challenging the concept of work-life balance as we know it

by • Comment, Wellbeing

Rather than encouraging people to aim for the mythical work-life balance, why not support them to experiment with opportunities?The notion of work-life balance has been talked about for decades with the underlying claim that if you achieve it, everything will be perfect. In post-Covid workplaces, hybrid working is becoming the norm and promises of flexibility and yoga on a Thursday lunchtime adorn recruitment adverts. From a distance, it would be easy to think we’ve now nailed the work-life balance challenge. Yet hybrid working hasn’t waved a magic wand and many people struggling feel more like a circus performer, juggling with different-sized objects with sharp corners, whilst riding a unicycle, than they do a calm and collected master balancer. (more…)

Accelerating the rise of the adaptable office

Accelerating the rise of the adaptable office

by • Company news, Workplace design

The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategiesThe introduction of the Flexible Working Act is another sign that the concept of the ‘workplace’ has undergone a significant transformation. These shifts in work patterns, office usage and approach are all having dramatic knock-on impacts when it comes to the future of the physical infrastructure of the nation’s office environments, and the investor communities behind them. The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategies. (more…)

HSBC Headquarters in Canary Wharf to undergo major transformation

HSBC Headquarters in Canary Wharf to undergo major transformation

by • News, Property

This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic buildingIn a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. The global banking giant will relocate to the Square Mile as part of a company refresh, prompting an overhaul of its existing headquarters. This morning, the Canary Wharf Group (CWG) announced plans to reimagine the iconic building into a state-of-the-art space encompassing workspaces, leisure, entertainment, and educational facilities. The building is wholly owned by the Qatari sovereign wealth fund (QIA), with CWG serving as the development partner. (more…)

Is it fair that AI defines if you deserve a job?

Is it fair that AI defines if you deserve a job?

by • AI, Comment, Workplace

As AI continues to push the boundaries of what is possible, impacting not just personal endeavours but also professional pursuits, one important question emerges: is it fair that AI defines if you deserve a job?The rise of AI-driven hiring processes has undoubtedly transformed the recruitment landscape, and we know it. But is it fair that AI defines if you deserve a job? Ultimately, the answer to this question is not just a technical or logistical issue, it is a profoundly ethical one. AI (artificial intelligence) has revolutionised the way we interact with technology, increasingly permeating various aspects of our lives, from virtual assistants to complex algorithms shaping our online experiences. (more…)

Why a ‘listening culture’ could do more harm than good 

Why a ‘listening culture’ could do more harm than good 

by • Business, Comment, Workplace

Over the past few months, we have seen large corporates hit the headlines due to some poor business practices. Leaders from all of those companies have made statements where they accept responsibility and state they are looking to do things differently in the future. Whether it’s the statement by CEO Nick Read in light of the Post Office Horizon scandal, or Boeing CEO David Calhoun answering questions in the US Senate, one word that keeps cropping up is ‘listening’. (more…)

Nearly all CEOs now say they work across different locations

Nearly all CEOs now say they work across different locations

by • Flexible working, News, Property

CEOs are leading by example when it comes to hybrid working, with nine in 10 (93 percent) saying they have personally adopted flexible working patternsCEOs are leading by example when it comes to hybrid working, with nine in 10 (93 percent) saying they have personally adopted flexible working patterns according to a new poll. The survey of more than 500 CEOs by International Workplace Group suggests that the vast majority now split their working time between locations. Just 7 percent said they spend five days a week working from a central office. (more…)

Crown estate announces details of latest London commercial property developments

Crown estate announces details of latest London commercial property developments

by • Company news, Property

The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End.The Crown Estate has unveiled details of its pipeline of commercial property developments in London’s West End. According to The Crown Estate, the first three projects, which have a Gross Development Value of over £430 million, will deliver 250,000 sq ft of office, leisure and retail space in the heart of the Capital, which it claims will help to stimulate the renewal of the West End, attract global investment and contribute to the wider success of London. (more…)

Understanding enterprise search software and its importance in the business landscape

Understanding enterprise search software and its importance in the business landscape

by • Company news

Businessman using enterprise search tool and talking on the phoneAs the digital landscape of business continues to expand, the ability to navigate vast repositories of information swiftly and accurately is no longer a luxury—it’s a necessity. In this article, we will explore the span of enterprise search, its central features, and the positive outcomes it ripples through an organization. Keep reading to understand how enterprise search software can transform your business processes. (more…)

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