Search Results for: risk

The constant craving to put numbers on working relationships

The constant craving to put numbers on working relationships

The answer to the great question of life, the universe and everything is not 42, as you may have been led to believe. It’s 1/137 (or near enough). This is the greatest of the two dozen or so universal constants. According to current thinking, without the physical and quantum relationships it describes, the universe as we know it could not exist. (more…)

Businesses are cautiously optimistic despite economic and technological uncertainty

Businesses are cautiously optimistic despite economic and technological uncertainty

Nearly three-in-five businesses optimistic about global economic outlook as they plan headcount increases and continued AI rolloutAlmost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months – more than double the proportion who expect headcount decreases (17 percent), and up from 39 percent last year. The percentage is highest (48 percent) among smaller companies (less than US$100 million) and those in the technology (61 percent), real estate (61 percent), private equity (52 percent) and pharma and life sciences (51 percent) sectors. (more…)

Five predictions for how the public sector will tackle challenges and lead digital transformation in 2025

Five predictions for how the public sector will tackle challenges and lead digital transformation in 2025

widespread skills shortages and legacy IT systems within the public sector remain an obstacle to digital transformationThe UK government is committed to modernising and becoming tech-first, but widespread skills shortages and legacy IT systems within the public sector remain an obstacle to digital transformation. While we are seeing steps to digitise, and the £2bn set aside to improve IT across the NHS is a good case in point, capital investment is only one part of the puzzle. As we look to the new year, we can expect the public sector to continue to face challenges in keeping pace with technology innovation, particularly in adopting AI and cloud solutions, combating talent gaps, and modernising workflows. (more…)

Workplace politics: When free speech becomes a faux pas

Workplace politics: When free speech becomes a faux pas

Tt's important for firms to understand how to approach the potentially fractious issue of workplace politicsAfter a politically turbulent year, many employers are finding their workplaces more divided, with political views being brought into the office and the lines between free speech and inappropriate discussion increasingly blurred. So it’s important for firms to understand how to approach the potentially fractious issue of workplace politics. Just recently, a former UKIP councillor claimed that she was subject to bullying and harassment by her charity employer for expressing pro-Brexit views, which she argued was a legally-protected belief. (more…)

Artificial intelligence is coming for the jobs of bosses first

Artificial intelligence is coming for the jobs of bosses first

Two thirds of firms expect the 'benefits' from artificial intelligence in the next three years to come from cost savings through elimination of management rolesA new survey of 252 senior executives within dedicated IT and artificial intelligence functions enterprises by Verdantix, claims that more than half (53 percent) of businesses expect 10 percent of job roles to be replaced by AI agents over the next five years. And even more (62 percent) expect the benefits from AI projects in the next three years to come from cost savings through elimination of management roles, more so than through savings from the elimination of frontline worker roles. (more…)

NETGEAR adds blazing fast 5G WiFi 6 mobile router to Nighthawk lineup

NETGEAR adds blazing fast 5G WiFi 6 mobile router to Nighthawk lineup

NETGEAR®, Inc. (NASDAQ: NTGR), the provider of award-winning connected products designed to simplify and improve people's lives, has expanded its unlocked 5G mobile router lineup with the launch of the NETGEAR Nighthawk® M3 Mobile Hotspot Router (MH3150).NETGEAR, the provider of award-winning connected products designed to simplify and improve people’s lives, has expanded its unlocked 5G mobile router lineup with the launch of the NETGEAR Nighthawk® M3 Mobile Hotspot Router (MH3150). The new product meets the growing demands for accessible and powerful WiFi coupled with advanced security features anywhere, anytime. (more…)

Working life in 2024 is defined by stress, poor management and loneliness

Working life in 2024 is defined by stress, poor management and loneliness

Despite living in an era of progress, people feel that stress, disengagement, and declining mental health are prominent in daily working lifeThe 2024 State of the Global Workplace report by Gallup sets out to provide a comprehensive analysis of employee experiences worldwide, revealing a large number of people who feel they are under increasing strain. Despite living in an era of remarkable technological and economic advancements, workers face significant challenges, with stress, disengagement, and declining mental health prominent in people’s daily working life. The report suggests that 41 percent of employees experience high levels of daily stress, with poor management practices being a major contributing factor. One in five workers report daily loneliness, an issue particularly pronounced among remote employees. (more…)

The bill for upgrading office buildings worldwide could hit £1 trillion

The bill for upgrading office buildings worldwide could hit £1 trillion

A significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildingsA significant proportion of global office space is at risk of obsolescence, with up to £1 trillion required to revitalise aging office buildings, according to a new report from real estate firm JLL. The report, titled Opportunity through Obsolescence, sets out to highlight the challenges posed by outdated structures, increasingly stringent regulations, and shifting tenant preferences, but also identifies opportunities for property owners and cities to create long-term value through investment and adaptation. (more…)

Economic and political uncertainty continue to dampen commercial property market sentiment

Economic and political uncertainty continue to dampen commercial property market sentiment

The outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growthThe outlook for the European commercial property market is cautiously optimistic despite growing geopolitical uncertainty and concerns about economic growth, with London, Madrid and Paris emerging as the standout performers, according to a new report by PwC and the Urban Land Institute (ULI). The report – Emerging Trends in Real Estate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties. This led to more than 80 percent of survey respondents expecting business confidence and profits to stay the same or rise in 2025, with around half predicting increases in both. (more…)

Beyond the jargon: what insurance benefits really mean to your team

Beyond the jargon: what insurance benefits really mean to your team

Here’s a jargon-free guide to the different insurance benefits you can offer your employees, and the real-life impact they have on your team.Offering a comprehensive employee benefits package is more important than ever, and  Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. But with so many products out there, and terms like “Group Income Protection” and “Critical Illness Cover” making many people’s eyes glaze over, it can be hard to determine the right product for your people – and what they really offer. (more…)

Standing desks may not be any better for you than office chairs

Standing desks may not be any better for you than office chairs

A new large scale study from researchers in Australia suggests that the use of standing desks does not have the impact claimed and that the risks of some conditions may even be worsenedLast week at Orgatec, many firms continued to repeat the claim that “sitting is the new smoking” in their marketing spiel. There’s something in this. The risks of a sedentary lifestyle include health problems such as obesity, diabetes, and cardiovascular disease. Standing desks have been seen as a way to reduce the time people spend sitting while at work as a fix for such health problems. But a new large scale study from researchers in Australia suggests that the use of standing desks does not have the impact claimed and that the risks of some conditions may even be worsened with their prolonged use. Instead people should look to move more, regardless of their workstation setup.  (more…)

Navigating misconduct in the workplace: a lawyer’s perspective

Navigating misconduct in the workplace: a lawyer’s perspective

Recently, Lloyd’s of London has been in the news because it has proposed significant steps to address the notorious levels of misconduct in its sectorLloyd’s of London has been in the news because it has proposed significant steps to address the notorious levels of misconduct in its sector, as well as tackling bad behaviour across its network. With the Worker Protection Act coming into force on the 26 October 2024, which stipulates new proactive duties on employers to take ‘reasonable steps’ to prevent sexual harassment in the workplace, precautions taken by Lloyds may have been triggered by the new duties from this Act – but have opened the floor to several questions, including how do we measure misconduct in third party situations generally? And what falls in this remit? (more…)