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The flat white economy is now the most important sector in the UK

The flat white economy is now the most important sector in the UK

flat white economy

According to a new study from the Centre for Economics and Business Research (CEBR) think tank, the so-called ‘flat white sector’ is now the most important driver of the UK economy. Consisting of the digital and creative businesses that cluster around areas like Silicon Roundabout in north-east London, the term has been coined by Douglas McWilliams, deputy chairman at the CEBR to reflect the way startups can apparently save on property costs by working out of coffee shops. McWilliams claims that the flat white economy contributed 14.4 per cent of gross value added (GVA) to the UK in 2018, making it more important than traditional sectors such as manufacturing, mining and utilities on that measure. More →

The future of work will be defined by four models, claims RSA

The future of work will be defined by four models, claims RSA

The RSA’s Future Work Centre has released research that models four ‘futures of work’ by 2035 – and claims to show how out of touch politicians are with changes in the workplace. The report, published in partnership with Arup, claims to avoid the usual sensationalism around topics such as automation, the Internet of Things, surveillance, gig work and AI to establish what workers can expect in the workplace in the near future. The report applies morphological analysis  to generate its four models of work.

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Feeling appreciated and the quality of workplace both key to employee happiness

Feeling appreciated and the quality of workplace both key to employee happiness

The quality of the workplace has a powerful effect on the levels of happiness of staff, with nearly half of respondents (49 percent) to a recent survey stating that having a great office environment is important to their happiness at work, but according to the figures, only a quarter (25 percent) say a good workplace environment is a current positive about their work. The survey from Peldon Rose also found that less than half (45 percent) of employees actually feel appreciated at work and only two-thirds (67 percent) report feeling happy. Yet the majority of workers (80 percent) who took part, believe that feeling appreciated is most important to their happiness at work – ahead of salary (58 percent) and feeling trusted (55 percent).

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Demotivated workers would be driven by higher pay and more flexibility

Demotivated workers would be driven by higher pay and more flexibility

Almost a third (31 percent) of UK professionals state that their expectations are ‘not being met at all’ by their current employer, whilst a further 24 percent state that their needs are only just ‘moderately’ being met. The findings, which come from research undertaken by recruiter Robert Walters and job board CV-Library – also suggest that while the amount they were paid was most important to staff, other benefits are increasingly playing a more prominent role in keeping staff motivated. Well over half (61 percent) claimed that work-life balance, flexible working hours (39 percent), and cultural fit (25 percent) are crucial to keeping them happy at work. More →

It’s not a skills gap, it’s a diversity gap

It’s not a skills gap, it’s a diversity gap

As digital transformation impacts organisations in every industry, the workplace as we know it is evolving fast. For IT leaders, the accelerated rate of technological change means the pressure is on to deliver, manage and secure new platforms. But the wider ramifications of digitalisation projects are proving profound, leaving business executives facing a dilemma. More →

Employers have a poor understanding of what actually motivates their employees

Employers have a poor understanding of what actually motivates their employees

Almost half of companies (45 percent) still believe that an attractive salary and package is what motivates their workforce, despite the fact that employees cite ‘soft benefits’ such a flexi-working, work-life balance, and ‘being valued’ as key to feeling fulfilled in their job role. The findings come from recent research ‘Meeting demands through the job offering’, by recruiter Robert Walters and job board CV-Library that highlight the disparity between what employees want and what companies are offering to staff. While 60 percent of professionals’ state career development as an important part of a job offering, less than 10 percent of companies believe that a lack of career progression and development would be a key reason for losing talent. The report also found that although companies claim that ‘staff being stuck in their ways’ is the main reason behind the lack of quality applicants, over 40 percent of professionals state that they would be willing to take up a role in another field where skills would be transferable, or work in a new sector to broaden their skills.

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Cold noses and warm design; a review of the Stockholm Furniture Fair

Cold noses and warm design; a review of the Stockholm Furniture Fair

The scene was set when, on the final approach to Stockholm, the Captain announced that the city was ‘enjoying’ heavy snow and a temperature of minus 15 degrees C. Can the fair organisers be persuaded to move future events to balmy June? Probably not. But of course, everything works perfectly despite the weather, and interiors everywhere are beautifully warm.

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Are these the 2019 Top Employers to work for in the UK

Are these the 2019 Top Employers to work for in the UK

The Top Employers Institute, a certifier recognising employers that provide world-class employee conditions, has released its list of Certified UK Top Employers for 2019. Over 600 HR professionals gathered at London’s Hilton on Park Lane, on the 31st January 2019, to recognise the best employers in the UK. More →

UK leading the way in digital transformation strategy

UK leading the way in digital transformation strategy

IT consultancy Infosys has released new research, the Infosys Digital Radar 2019, which it claims reveals the digital transformation maturity of businesses around the world in 2018, and what it takes to navigate the next stage of their journey. Its main claim is that to become digitally advanced, organisations need to run multiple digital initiatives at scale at the same time. It suggests that organisations in the UK are now significantly ahead of the global average when it comes to their digital transformation, including countries like the United States and Germany.

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Business leaders lack ethical insight needed to get the best out of AI

Business leaders lack ethical insight needed to get the best out of AI

Although executives have high expectations for the impact that AI will have on their businesses according to Cognizant’s new report, ‘Making AI Responsible – and Effective, only half of companies have policies and procedures in place to identify and address the ethical considerations of its applications and implementations.  The study analyses the responses of almost 1,000 executives across the financial services, technology, healthcare, retail, manufacturing, insurance and media & entertainment industries in Europe and the US. The research suggests that business leaders are positive about the importance and potential benefits of AI. Roughly two- thirds (63  percent) say that AI is extremely or very important to their companies today, and 84  percent expect this will be the case three years from now. Lower costs, increased revenues and the ability to introduce new products or services, or to diversify were cited as the key advantages for the future.

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Essay collection challenges the cliches about the future of work

Essay collection challenges the cliches about the future of work

The RSA Future Work Centre has published a new essay collection which it claims presents fresh perspectives on the future of work. The report claims that there are four basic problems with the mainstream narrative about work: that there is a fixation with certain technologies, especially artificial intelligence and robotics; that this in turn leads to a distorted perception of the effects of technology; that this analysis ignores reality in favour of potential; and that technological change does not take place in a vacuum and has a number of knock-on effects that aren’t always considered. Worth noting that the authors of the essays are predominantly academic and the report focuses almost exclusively on the effects of technology.

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Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national Core Innovation Hub, a key element of the Transforming Construction programme. The alliance brings together the specialist expertise of the MTC (Manufacturing Technology Centre), BRE (Building Research Establishment) and the CDBB (University of Cambridge Centre for Digital Built Britain).

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