Search Results for: skills

People and firms often have very different views on the value of meaningful work

People and firms often have very different views on the value of meaningful work

by • Flexible working, News, Technology, Wellbeing

new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teamsA new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teams. The study, Augmented work for an automated, AI-driven world surveyed 3,000 global C-Suite executives across 20 industries and 28 countries. It also suggests that executives in the UK estimate that 41 percent of their workforce will need to reskill as a result of implementing AI and automation over the next three years. (more…)

Best practice for maintaining an agile workforce through upskilling

Best practice for maintaining an agile workforce through upskilling

by • Company news, Workplace

Workforces need to evolve now more than ever. A report from the World Economic Forum claims that around a quarter of jobs will shift in the next five years. Its ‘Future of Jobs Report for 2023’ notes that though an estimated 69 million new jobs will be created, another 83 million will be eliminated. A few factors contributing to creating and eliminating jobs are macro trends—such as a rise in sustainability efforts among businesses, the localisation of supply chains, high inflation, and slower economic growth. (more…)

Should work help to define your identity? Perhaps, but first consider this…

Should work help to define your identity? Perhaps, but first consider this…

by • Comment, Wellbeing

Dr Tracy Brower considers how work ideally forms just a part of our identity The last few years have put work at the forefront of our consideration as individuals and our discussions as a society. Globally, people are thinking consciously about their work, its meaning and its place in their lives. This focus will surely create the conditions for a great reinvention —a reset of how we work as well as where, when and for whom. Identity is an important part of the dialogue: Should work be central to someone’s identity? Is it healthy for work to occupy our focus? And how much is too much? (more…)

‘People insight deficit’ puts firms’ reputations at risk

‘People insight deficit’ puts firms’ reputations at risk

by • News, Workplace

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. People insightThe CIPD is urging business leaders to have board-level HR representation or input to ensure there is the necessary expertise and ‘people insight’ to develop positive corporate cultures and manage workforce risks such as sexual harassment. This is the unsurprising message in a new report from the CIPD ‘The value of people expertise on corporate boards’. It claims just a quarter (25 percent) of FTSE 350 firms have a board member (both executive and non-executive) with an HR background, while only 2 percent have an HR director as an executive board member. (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

by • News, Property, Technology

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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Help over-50s and other groups into self-employment to boost economy, say MPs

Help over-50s and other groups into self-employment to boost economy, say MPs

by • News, Workplace

a new scheme developed to encourage people to set up their own businesses and move into self-employmentThe UK Government’s Work and Pensions Committee has called for more employment support to address economic inactivity. The support for helping people into work should be widened to those not on benefits, with a new scheme developed to encourage people to set up their own businesses and move into self-employment. The Committee has also called for more focus to be given to measures to help young people, the over 50s and people with disabilities and long-term health conditions find and stay in work. (more…)

CIPD says HR professionals should ‘lean in’ to artificial intelligence

CIPD says HR professionals should ‘lean in’ to artificial intelligence

by • News, Technology, Workplace

HR and artificial intelligenceThe swift rise of generative artificial intelligence and its potential impact in the workplace puts people professionals at the heart of understanding how this fast-evolving technology can be responsibly used, and the business impact it may have, according to the CIPD.  To support this change, the trade body has launched a new guide, Preparing your Organisation for AI Use, which stresses the importance of people professionals creating clear policies on the use of easily accessible, web-based generative AI tools such as ChatGPT and Google Bard.  (more…)

We need better evidence to help protect people at work

We need better evidence to help protect people at work

by • Comment, Workplace

Understanding what works to protect people at work needs better use of evidenceWe make decisions at work every day and for those in complex roles or in fast-changing situations, it can feel like a continuous process. In business, of course, the choices we make can have a significant impact on the bottom line and, more importantly, our people, the environment and the communities we’re operating in. With so much riding on what we choose to do, our decision-making processes must be designed to maximise our chances of successful outcomes. This is especially so when our decisions involve how to protect people at work so can be literally a matter of life or death. (more…)

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

by • Comment, Technology

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

by • News, Workplace

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…)

Most people now at risk of poor mental health as a result of social exclusion

Most people now at risk of poor mental health as a result of social exclusion

by • News, Wellbeing

More than half of people in the UK have experienced social exclusion in the past year, leading to poor mental health and wellbeingMore than half of people in the UK have experienced social exclusion in the past year, leading to poor mental health and wellbeing, according to a new report from BUPA in partnership with ParalympicsGB. The poll suggests that 58 per cent of British people have felt excluded at some point in the past year – leading them to feel shut out when going about their daily life (28 percent), at work (27 percent) or within society (24 percent). Bupa’s survey also claims that 30 per cent of people have felt a negative impact on their general mental health due to their experience of social exclusion, with many left feeling isolated (41 percent), sad (41 percent) and anxious (33 percent). (more…)

Half of traditional non-tech firms now consider themselves tech firms

Half of traditional non-tech firms now consider themselves tech firms

by • Business, News, Technology, Workplace

Nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth.The pandemic years forced traditional industries to digitise their operations at speed, but three years on, non-tech enterprises across the UK – from sectors including finance, advertising, manufacturing and more – are actively embracing the ‘tech mindset’ more than ever, according to a new report. The poll from Pendo [registration], claims that nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth. (more…)

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