Search Results for: manufacturing

Trust in ethical behaviour is linked to the size of the business, claims report

Ethical behaviourThe larger the firm the less likely it is to trust its employees to behave ethically according to a new report from the Association of Accounting Technicians. The research also found that UK’s most ethical businesses are small architectural practices. According to the research, conducted by Opinion Matters on behalf of AAT, only 37 per cent of SMEs trust their staff to do the right thing compared to 66 per cent of microbusinesses. The report also found that firms in the architectural sector have more faith in the ethical decision making of their employees and are more concerned about the ethical behaviour of suppliers than in any other industry. Interestingly, the report highlights the fact that, as the number of employees increases, businesses are more likely to dedicate a member of staff dedicated to fostering ethical behaviour and have a formal code of conduct.

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UK one of the top global business destinations for sales growth and profitability

Ad Lib detailGlobal manufacturing executives rank the UK as one of the top destinations for future sales growth and profitability, according to KPMG’s latest Global Manufacturing Outlook report published this week. This places the UK ahead of Germany, India and Japan and alongside China, beaten only by the US. The report also notes that the UK is leading the world in the growth of 3D printing. The survey of 460 executives representing business with an annual turnover in excess of $5 billion reveals that the UK is ranked third in terms of those countries in which global companies expect profit growth over the next two years. The focus on new technology and materials in the report reveals that 85 percent of UK manufacturers are already moving to 3D printing to reduce their product development life cycle, as British office furniture maker Senator did in prototyping its Ad-Lib range (pictured).

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Support for flexible working an increasing challenge for IT managers, claims survey

Flexible workingOne of the greatest challenges currently facing IT managers is providing secure and robust technological infrastructure for flexible working, and it is set to become even greater as more and more firms adopt Cloud based working, according to a new report  from technology specialists ControlCircle. The survey of 250 UK based CIOs, ‘IT Growth and Transformation’ found that over the next five years the increasing mobility of the workforce is going to present them with a range of increasingly important challenges, with IT leaders predicting that security (56 percent), cloud (46 percent) and mobility (41 percent) set to become the biggest challenges they face. The survey also revealed that nearly half (48 percent) of respondents experience hourly, daily and weekly technology availability issues and a fifth (21 percent) experience business downtime daily or hourly as a result.

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New collaborative office design for Petronas HQ in Italy

Petronas 2 300dpi cropBuilding work has begun on the new 17,000 sq. m. European Research & Development Headquarters for Petronas Lubricants, the global lubricants manufacturing and marketing arm of Petronas, the Malaysian oil and gas company. The building has been designed by architecture, urbanism and design practice Broadway Malyan. The office – located in Santena, just outside Turin, Italy – is part of a major investment into Petronas’ overall research capability and will be home to a community of several hundred scientists, researchers and new product developers. It is expected to play an important role in supporting Petronas’ development and refinement of fuels and lubricants with a particular emphasis on an office design that encourages collaborative work.

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UK unemployment down & wages up, but regional differences widen

Mind the gapUnemployment dropped below 7 per cent for the first time since the recession, according to figures published yesterday by the Office for National Statistics (ONS). Jobless figures fell by 77,000 to 2.24 million in the three months to February 2014, taking the unemployment rate to 6.9 per cent for the first time since 2009. The figures also show a small growth in regular weekly pay, which, excluding bonuses was up by 1.4 per cent on the year. However, the recovery appears to remain regionally unbalanced, with London and the Greater South East powering ahead of the rest of the country. Said Ian Brinkley, chief economist at The Work Foundation: “Employment levels in the North East are lower today than they were at the end of the recession, measured by the workforce jobs indicator. Gaps in regional employment performance are also widening rather than narrowing.” More →

WorldBlu announces latest additions to its list of democratic workplaces

HandsUpWorldBlu, a US based business that promotes democratic workplace design has announced that it has added  41 organisations around the world to its certified list of Most Democratic Workplaces. According to WorldBlu, the organisations range in size from five to 65,000 employees and represent over $13 billion in combined annual revenue and come from the US, Canada, Mexico, UK, Netherlands, Denmark, Malaysia, Haiti, New Zealand, Belgium and Romania from a range of sectors including  technology, manufacturing, healthcare, retail, agriculture and services. Organisations become eligible after employees complete the proprietary WorldBlu Design Assessment, a survey evaluating their practice according to the firm’s own ten ‘Principles of Organizational Democracy’, with an overall combined score of 3.5/5 or higher. The awards were announced yesterday, Democracy in the Workplace Day (who knew?).

New consortium aims to standardise technology to drive Internet of Things

Internet of THingsThe development of the much talked-about Internet of Things has been boosted with the announcement that AT&T, Cisco, GE, IBM and Intel have come together to form a group called the Industrial Internet Consortium (IIC) which will  aim to standardise the way certain technologies function and so drive the uptake of the Internet of Things. The group has the apparent backing of the White House which has also announced that it will invest $100 million in research into the way physical objects can be linked to the internet, which is the fundamental principle of the Internet of Things.   The IIC will be outlining its own plans in the  near future to establish a common, global framework for the development of inter-connected digital and physical worlds and so sped up the adoption of an idea that promises to transform many aspects of our lives but which has not moved quickly enough, according to many commentators.

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UK is world’s fourth most attractive business location, claims report

Manchester, Europe's cheapest large city for businesses

Manchester, Europe’s cheapest large city for businesses

The latest edition of KPMG’s bi-annual study of the comparative attractiveness of more than 100 cities (many of them in the US) as business locations claims that the UK is one of the world’s best countries in which to do business. The Competitive Alternatives Report  for 2014 assessed  the competitiveness of cities in ten countries across four commercial sectors – digital services, research and development (R&D), corporate services and manufacturing – and found that the UK is the second most competitive country for corporate services; third for digital services;  fourth for R&D and manufacturing and fourth overall. In Europe, the clear cost leader is Manchester with overall business costs more than 10 percent lower than those of London, the only other UK city assessed. The report claims the UK’s tax regime is a crucial factor for international enterprises as they make important funding and operational decisions.

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Might a lack of joined-up thinking undermine UK high-tech ambitions?

Old Street: the UK's tech epicentre

Old Street: the UK’s tech epicentre

Over the past week both Prime Minister David Cameron and London Mayor Boris Johnson have offered up visions of economic success founded on new technology. Yet, as the CBI points out in a new report pinpointing the dearth of talent needed to  make such dreams a reality, politicians often appear to ignore the realities of a situation. In its new report, Engineering our Future,  the CBI calls for significant action to make a career in the key disciplines of science, technology, engineering and maths more attractive and easier to pursue. The report points out that these are the skills needed to underpin the Government’s stated focus on the tech, environmental, engineering and manufacturing industries that will shape the country’s future and is calling for a cut in tuition fees, new courses and inter-disciplinary qualifications to allow those skills to flourish.

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Business continuity report confirms technology still biggest threat to firms

Lock backgroundForget the recent UK floods. When it comes to risks to their businesses, it’s still tech that keeps business leaders awake at night, according to the latest annual Business Continuity Institute Horizon Scan report. Technology related threats continue to rank higher than natural disasters, security and industrial action according to the report which gauges the threats that organisations consider to be their biggest concerns. Nearly four-fifths of business leaders fear that an unplanned technological event, cyber attack or data breach will harm their business. Nearly three quarters (73 percent) consider malicious attacks through the Internet a major threat that needs to be managed closely, while nearly two-thirds (63 percent) think that social media remains a challenge. Meanwhile, one of last year’s threats – supply chain resilience – dropped out of the top ten completely.

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New data suggests that London no longer belongs to the UK, but the World

One of the subjects touched on in the first episode of Evan Davis’s BBC documentary series about the economic distinctions between London and the rest of the UK Mind the Gap was the impact of investment by the global super-rich into London property. At one point he asked the Malaysian investor behind the £8 billion Battersea Power Station redevelopment whether he’d considered investing in other cities in the UK. The response was a straight no, but the accompanying glance said rather more. London is no  longer a British city but one that belongs to the world, it said, so any comparison with Manchester, Birmingham, Bristol, Leeds, Cardiff and Edinburgh is meaningless. You might disagree with this point of view, but a raft of new data appears to make it very evident indeed that London is now shaped by global plutocrats in a way that cannot be mirrored in the rest of the UK.

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‘Big Data’ is shaping the human experience within buildings

Empire State Building

As the cost of implementation comes down, the same “Smart” technology that is harnessing the predictive power of “Big Data” to help solve congestion problems in cities is being more routinely deployed in buildings. The Changing Face of Smart Buildings: The Op-Ex Advantage, published by Jones Lang LaSalle, explains how bringing a Big Data analytics-based approach to facilities management can increase employee comfort, engagement and productivity; whether helping organisations adapt more readily to supporting flexible workplace practises or using sustainability as a hook for engaging employees. In one notable example; by adding smart building components to a major Empire State Building energy refit, real-time energy displays enable tenants to better monitor and control their energy consumption, and even compete with other tenants in the landmark building to achieve energy savings. More →