Search Results for: productivity

Regional divides, falling incomes, booming jobs markets; and lower productivity. The current state of the UK

Regional divides, falling incomes, booming jobs markets; and lower productivity. The current state of the UK

No part of the UK has escaped the impact of a flatlining economy and falling productivity since 2010, according to new analysisNo part of the UK has escaped the impact of the flatlining of the UK economy since 2010, according to new analysis published by the Centre for Cities in its Cities Outlook 2024 report. At the national level, people have been left with £10,200 less to spend or save on average since 2010 than if the economy had grown at pre-2010 trends. The report also suggests that a marked rise in employment has happened in parallel with overall falling productivity. More →

People have some very interesting views about their own productivity, and that of everybody else

People have some very interesting views about their own productivity, and that of everybody else

Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels.Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels. They also think that people working in HR, marketing, and senior management roles are the least productive. According to the poll, UK employees perceive HR teams as being particularly unproductive, compared to other colleagues and departments in their organisations. More →

Flexible working is delivering the gift of seasonal productivity

Flexible working is delivering the gift of seasonal productivity

business leaders are still keen to maintain productivity with flexible working amidst the seasonal rush while allowing their team to enjoy the holiday periodEmployees have made it clear that they are keen for flexible working arrangements to stay. In fact, according to the Owl Labs 2023 State of Hybrid Work report, 40 percent of employees would decline a job if they were required to be in the office five days a week. With the festive season in full swing, employees will look to utilise the benefits of flexible working as they return home to their families. More →

Hiring people with patience is good for productivity

Hiring people with patience is good for productivity

Patience plays a crucial role for team performance, reveals new research by the University of ColognePatience plays a crucial role for team performance, reveals new research by the University of Cologne. The study, conducted by Professors Felix Kölle and Thomas Lauer, investigated cooperative behaviour, as well as its underlying mechanisms, in a setting in which the benefits from successful teamwork accrue only in the future. More →

Can smart glasses be the key to unlocking productivity in the workplace?

Can smart glasses be the key to unlocking productivity in the workplace?

One of the emerging tools showing immense promise for improving productivity is smart glassesTechnology is the foremost resource for shaping the world—and in the modern workplace, it’s crucial for keeping brands competitive in an increasingly fast-paced business environment. Our article “Why new technologies still make employees happier, healthier, and more efficient” explains that technology must meet increasingly agile strategies like remote work. In these cases, it can help optimise manpower and productivity. As a result, 70 percent of firms believe new technologies improve business resilience. One of the emerging tools showing immense promise for improving productivity is smart glasses. More →

A Newtonian perspective on reason, productivity and creativity

A Newtonian perspective on reason, productivity and creativity

On the doorstep of the British Library, you will find Edouardo Paolozzi’s imposing statue of Sir Isaac Newton. At first glance, this position seems to make perfect sense. Where better for a monument to the Enlightenment’s poster boy than raised on a plinth at the entrance to the world’s second largest library? And yet, there’s more going on here than is evident at first glance. More →

UK government plans to parachute AI experts into departments to ‘turbocharge’ productivity

UK government plans to parachute AI experts into departments to ‘turbocharge’ productivity

So-called 'digital gurus' from the private sector will be 'parachuted' into government departments as part of radical plans to 'turbocharge' the technological and AI skills of civil servantsSo-called ‘digital gurus’ from the private sector will be ‘parachuted’ into government departments as part of radical plans to ‘turbocharge’ the technological skills of civil servants, Cabinet Office Minister Jeremy Quin has announced. Delivering a speech at the think tank Policy Exchange, Minister Quin set out a number of measures which he claims will drive forward the government’s plans to harness innovation and technology including AI to make Whitehall run more efficiently.

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To boost productivity in the UK, we need to think big and different

To boost productivity in the UK, we need to think big and different

olicymakers, businesses, and society must recognise the importance of productivity and collaborate to implement the necessary reforms and initiatives to unlock the country's full economic potentialThe decline in UK productivity since the Great Recession of 2008/2009 has been a matter of concern for business leaders, policymakers, and economists alike. Despite hopes that the pandemic would act as a catalyst for transformation and boost productivity, recent figures from the Office for National Statistics (ONS) show that the UK still lags behind several other G7 economies. More →

Bolder strategy needed to boost productivity and economic growth

Bolder strategy needed to boost productivity and economic growth

The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy.The Government’s plan to transform the UK into a science and technology superpower will fail to boost living standards unless it’s linked to a broader industrial strategy aimed at raising productivity across all sectors of the economy. This is the central conclusion of a new CIPD discussion paper, An industrial strategy for the everyday economy, which says a bolder vision for economic growth, looking across all sectors and areas of the economy, is needed considering the multiple challenges facing the UK. More →

‘Performative work’ is holding back productivity, poll claims

‘Performative work’ is holding back productivity, poll claims

A new  poll from Slack claims that a focus on performative work, rather than impact, is holding back UK businessesA new  poll from Slack claims that a focus on performative work, rather than impact, is holding back UK businesses; leading to them falling behind the likes of Germany, France, India and Singapore when it comes to adopting, and gaining, the efficiency benefits of technological advances in AI and automation. Based on findings from 2,000 desk workers in the UK, only 21 percent say their company is using AI tools to improve productivity, compared to 75 percent in India, 35 percent in Singapore, 29 percent in Germany and 23 percent in France. Meanwhile, 37 percent of UK workers say their productivity is measured on visibility (i.e. hours spent in the office or online). As a result, almost one third (30 percent) of the average day is lost to performative work that doesn’t contribute to company goals, but is simply done to appear productive. More →

A Newtonian perspective on productivity, reason and creativity

A Newtonian perspective on productivity, reason and creativity 0

On the doorstep of the British Library, you will find Edouardo Paolozzi’s imposing statue of Sir Isaac Newton. At first glance, this position seems to make perfect sense. Where better for a monument to the Enlightenment’s poster boy than raised on a plinth at the entrance to the world’s second largest library? And yet, there’s more going on here than is evident at first glance.

More →

Only a fifth of workers think hybrid working tools have substantially improved productivity

Only a fifth of workers think hybrid working tools have substantially improved productivity

Only around a fifth (18 percent) of workers in two key sectors believe hybrid working technology has substantially improved their productivity.A new poll from IT consultancy Doherty Associates, claims that while over three-quarters (77 percent) of workers in two key market sectors say their company has introduced new technology to support hybrid working, only around a fifth (18 percent) of respondents believe it has substantially improved their productivity. More →