Search Results for: digital transformation

Fostering creativity within organisations through space and culture

Fostering creativity within organisations through space and culture

by • Comment, Workplace design

In organisations around the world, hierarchical structures are breaking down, replaced by deeply interconnected, constantly shifting networks, linked by innovative technology. Meanwhile, huge leaps forward in artificial intelligence promise to fundamentally change the nature of work, either by enhancing or replacing human-beings. Research by McKinsey suggests that half of today’s work activities could be automated by 2055, with repetitive and process-based roles the first to go. For employees, this looks likely to mean a greater focus on creative skills, where humans retain an advantage. These skills are not restricted to being purely artistic, as creativity describes the process of problem-solving in a new way. The rise of creativity is also being driven by new generations entering the workplace with different demands and expectations than those before them.

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Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOs

by • Automation, Facilities management, Flexible working, News, Technology, Workplace

Digitisation means traditional working day no longer a reality for CEOsThe rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.

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Business leaders agree that organisations must be digitised to compete

Business leaders agree that organisations must be digitised to compete

by • Automation, Facilities management, News, Technology, Workplace

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →

Fewer than half of UK managers would recommend their workplace to others

Fewer than half of UK managers would recommend their workplace to others

by • News, Technology, Workplace

Less than half of UK managers would recommend their workplace to othersUnder half (47 percent) of British managers ‘completely agree’ that they would recommend their workplace to others, lagging behind other countries, such as Austria (66 percent), Finland (53 percent), Switzerland (53 percent), and France (51 percent). This is according to a Cornerstone OnDemand and IDC survey of over 1,900 European HR, IT and line of business managers, Future Culture 2018: Building a Culture of Innovation in the Age of Digital Transformation (registration required). More →

British Council for Offices announces names of best workplaces in UK

British Council for Offices announces names of best workplaces in UK

by • Architecture, News, Property, Workplace design

Bloomberg’s London HQ (left) came out on top at the British Council for Offices (BCO) National Awards in the UK’s capital last night, taking home both the ‘Best of the Best’ and the ‘Corporate Workplace’ awards. The office was joined by five other award winners recognised for excellence in office space. The BCO’s respected National Awards programme sets out to recognise top quality office design and functionality, with the objective of setting the standard for excellence across the office sector in the UK. The awards dinner attracted over 1,200 players from the office sector to celebrate the best-in-class talent. Winners from the 2018 Regional Awards programme attended the event at London’s Grosvenor House, hoping to take home the National Award for their category.

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Shift to agile working held back by ageing technology

Shift to agile working held back by ageing technology

by • Flexible working, News, Technology, Workplace design

The digital transformation of organisations and a shift to agile working is being held back by a reluctance to invest in new technology, according to a new report from Citrix and Capita.  The Workplace agility report claims that legacy applications are delaying digital transformation of the entire organisation for more than half of respondents (56 percent) of the 200 CIOs who took part in the study. The report also claims that the inability to introduce new tech also restricts the uptake of new ways of working and the creation of agile working environments.

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British Property Federation announces plans to modernise commercial property sector

British Property Federation announces plans to modernise commercial property sector

by • News, Property, Technology

The British Property Federation (BPF) has launched a Technology and Innovation programme for the UK commercial property sector – to support the sector in its digital transformation – following the Government’s challenge to all sectors of the economy to improve productivity and deliver growth. The programme is launched with the publication of a new report produced by Future Cities Catapult, commissioned by the BPF, to understand the barriers to and opportunities for improving the productivity of the real estate sector through the application of technology.

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Levels of engagement amongst the UK workforce trail behind other European countries

Levels of engagement amongst the UK workforce trail behind other European countries

by • Facilities management, Flexible working, News, Workplace

UK employers need to improve working conditions to increase workforce satisfactionEmployers in the UK need to improve working conditions, as the UK’s workforce pride is trailing behind other European countries, a new report claims. The survey from Cornerstone OnDemand and IDC found just a 48 percent approval rating by UK workers, with just 52 percent of respondents “completely agreeing” that they are proud to work for their organisation – a steep drop compared to countries such as Italy (59 percent) and Norway (66 percent). While UK work satisfaction is falling behind the rest of Europe, it is however ranking higher for employer recommendations. Almost half (47 percent) of Brits “completely agree” that they would recommend their current employer to others, versus 43 percent in Sweden and 41 percent of respondents in the Benelux regions. When it comes to employer attractiveness, only 47 percent of UK respondents “completely agree” that their organisation is an attractive place to work, in comparison to 51 percent of Spanish respondents and 56 percent of Finnish respondents. So while the UK is ahead in some criteria, the findings suggest there’s work to be done if British employers want an improved result.

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British employees less confident and more stressed over last three years

British employees less confident and more stressed over last three years

by • News, Wellbeing, Workplace

UK employees could be heading for crisis, according to a three-year study by ADP, which has found that three key measures of employee wellbeing – optimism, stress and skills confidence – have taken a hit since 2015. The exact reason for the changes is unclear, however the timings suggest that Brexit may have played a part, along with the rise in new technologies entering the workplace.

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Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

by • Facilities management, News, Technology, Workplace design

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

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Globalisation prompts increase in number of CEOs from abroad at FTSE companies

Globalisation prompts increase in number of CEOs from abroad at FTSE companies

by • News, Workplace

Globalisation increasing number of CEOs from abroad at FTSE’s largest listed companies

Globalisation is leading to a growing trend amongst FTSE listed companies to hire senior leaders from abroad as organisations look for leaders with international experience. Although UK CEOs remain the first choice, with 60 percent of CEOs who were appointed through internal promotion last year being British, according to the Robert Half FTSE 100 CEO Tracker, UK companies are now increasing the number of global CEOs within the FTSE 100. In practise this means that the total number of UK CEOs leading the FTSE 100 has slipped to 61 of the total 100 companies from 65 a year ago. Nearly half (47 percent) of those CEOs who were hired externally for the top position were of other nationalities and of the 14 new CEO hires made this year, eight were of UK heritage, while six are leaders from the rest of the globe, edging the dial ever closer to a 50/50 split.

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The key to tackling future economic challenges is to harness the ageing workforce

The key to tackling future economic challenges is to harness the ageing workforce

by • News, Workplace

Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report. Working Better with Age and Fighting Unequal Ageing in the United States finds that employment rates among older workers in the United States are above the average across OECD countries. In 2016, 62 percent of all 55-64 year olds were employed compared with the OECD average of 59 percent. However, employment rates are much lower among the ageing workforce. Early retirement is prevalent among workers from vulnerable socio-economic backgrounds, often occurring as soon as Social Security benefits become available at age 62. Poverty among seniors is a challenge: more than 20 percent of peopled aged 65 and over have incomes below the relative poverty line – defined as half of the median disposable household income – compared with the OECD average of less than 13 percent.

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