Search Results for: decision making

Policy response will determine if opportunities of AI in the workplace outweigh the risks

Policy response will determine if opportunities of AI in the workplace outweigh the risks

A new OECD report Using AI in the Workplace sets out to sheds light on the multifaceted impact of AI adoption, emphasising both its benefits and potential risksA new OECD report Using AI in the Workplace sets out to sheds light on the multifaceted impact of AI adoption, emphasising both its benefits and potential risks. According to the report, AI can bring significant benefits to the workplace. In the OECD AI surveys of employers and workers, four in five workers say that AI improved their performance at work and three in five say that it increased their enjoyment of work. But the benefits of AI depend on addressing the associated risks. Taking the effect of AI into account, occupations at highest risk of automation account for about 27 percent of employment in OECD countries. More →

FAANGs for the memories: how tech palaces lost their lustre

FAANGs for the memories: how tech palaces lost their lustre

With the downfall of wunderkind Sam Bankman-Fried and the demise of his Bahamas HQ, does this mean that instead of being heralded as inspiration, tech palaces have instead become dated and toothlessI was alerted by the great Jack Pringle during a presentation course he was giving to an unforgettable YouTube clip of Steve Jobs speaking to the local council as part of a planning application for his Apple Park in California, one of the great tech palaces that sprang up in the wake of the digital revolution. Jobs, in familiar black polo neck jumper and wire-rimmed spectacles, took the officials of Cupertino City Council on a journey of opportunity, awe and inspiration. More →

Most US firms are yet to match their culture to the demands of flexible working

Most US firms are yet to match their culture to the demands of flexible working

most employers have not adapted their working culture and practices  to support the shift to flexible workingA survey of 900 leaders in HR, real estate, IT, and product roles at US based firms suggests that most employers have not adapted their working culture and practices  to support the shift to flexible working. In addition, according to The 2024 Workplace Flexibility Trends Report from TechSmith Corporation in partnership with workplace research firm Global Workplace Analytics and Caryatid Workplace Consultancy three quarters of workers have yet to receive any training for the rise of flexible working arrangements. More →

Half of neurodiverse people missing work due to lack of workplace support

Half of neurodiverse people missing work due to lack of workplace support

City & Guilds’ annual Neurodiversity Index shines a light on the challenges faced by neurodiverse people in the workplaceCity & Guilds’ annual Neurodiversity Index, published today following a government-backed review of autism employment, and ahead of Neurodiversity Week, shines a light on the challenges faced by neurodiverse people in the workplace, with half of those surveyed having been off work last year due to their condition. The second edition of the annual Neurodiversity Index, published by City & Guilds Foundation in partnership with Do-IT solutions, surveys over 600 individuals and organisations. The findings show that 36 percent of neurodivergent employees do not  receive any guidance or support in their workplace setting, while 20 percent are still waiting for adjustments to be put in place. More →

Hybrid working helps women into senior management roles

Hybrid working helps women into senior management roles

The widespread adoption of hybrid working has opened the door for women to apply for senior positions within their companiesThe widespread adoption of hybrid working has opened the door for women to apply for senior positions within their companies, according to a new report released ahead of International Women’s Day. IWG’s 2024 report Advancing Equality: Women in the Hybrid Workplace, based on research among more than 1,000 female hybrid workers, found that flexible working had allowed over half (53 percent) to pursue promotions or apply for more senior roles  – which, in an encouraging move for advancing equality, rises to more than three in five (61 percent) of women from minority backgrounds. For almost three quarters (73 percent) of women in minority groups, flexible working has opened up new opportunities that they would not have had otherwise. More →

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029.The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and Russia’s invasion of Ukraine. A new focus is needed on the long-term decisions required to strengthen the economy and give people the opportunity to build a wealthier, more secure life for themselves and their family.” More →

Quarter of people have now used or tried AI in the workplace

Quarter of people have now used or tried AI in the workplace

A new report from the Workforce Lab at Slack sets out to explore how office-based workers think about AI and how they are using it in their jobs.A new report from the Workforce Lab at Slack sets out to explore how office-based workers think about artificial intelligence and how they are using it in their jobs. The poll of 10,000 people suggests that  the adoption of AI tools in the workplace accelerated by 24 percent over the last quarter, with one in four office-based workers reporting they have tried out the tech for work as of January 2024, compared with  one in five as of September 2023. And 1 in 3 desk workers have used automation tools in their job. More →

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

People overestimate their ability to handle unknown situations

People overestimate their ability to handle unknown situations

New research suggests that people tend to be overconfident in their ability to handle unknown situations, which has implications for business and entrepreneurship. A team of international researchers has shared findings on what they describe as overconfident behaviour, which can lead to negative outcomes in business and personal decision-making. Professor Mohammed Abdellaoui, lead researcher and professor at HEC Paris, and colleagues including Han Bleichrodt from the University of Alicante, Spain, and Cédric Gutierrez from Bocconi University in Italy, revealed that our own attitudes to uncertainty play a role in how we assess our own abilities. More →

Why changing with the seasons is key to the all-weather workplace

Why changing with the seasons is key to the all-weather workplace

Building in flexibility within workplace strategy and office design is a way to ensure working environments remain a magnetic destinationLove it or hate it, weather chat is part of Britain’s day to day – yet in the world of work it’s not just casual small talk. In fact, the seasons have a real impact on how we feel and perform. The change in seasonal characteristics influences what employees need from where they work. Looking after employee wellbeing and putting individuals in the best position to be productive at work means different things throughout the year. Building in flexibility within workplace strategy and office design is a way to ensure working environments remain a magnetic destination that support people all year round…but what does this type of flexibility look like? More →

Changing shape of workplace is creating new opportunities for property market

Changing shape of workplace is creating new opportunities for property market

A new report claims that changing approaches to the workplace will create new opportunities for the quickest and smartest to adaptAfter a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘Engage, activate and accelerate performance: next generation real estate strategies’ [registration]. The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. More →

Whenever I hear the future of work, I reach for my pistol

Whenever I hear the future of work, I reach for my pistol

the future of workFor years it has been evident that there is no ‘future of work’. There is only a journey with no destination and no single way of not getting to it. That hasn’t stopped people talking about it all endlessly. And each time they have, I’ve reached for my pistol. More →