Search Results for: business

Eight pathways launched to combat unethical practices in construction supply chains

A new eight stage action programme called APRES, has been released by the Building Research Establishment (BRE) to support the responsible and ethical sourcing of materials, products and people. This call to action has been created in partnership with Loughborough University and presents eight pathways to best practice to combat modern slavery and unethical practices in supply chains. The pathways aim to take organisations and individuals from the level of ‘Baseline’ to ‘Best in Class’ performance.

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Third of staff are too frightened to approach their line manager with a work problem

Third of staff don't trust that their managers to help them with work problems

Nearly a third (30 percent) of the working population have a manager they feel they can’t approach with a problem, while two in five employees describe their manager as ‘temperamental’, one third say their manager makes them feel ‘uncomfortable’, and one in 10 labels their manager as ‘scary’. This is according to data compiled by Citation, which probed the working nation to gather some exclusive intel into the traits of bad managers, and the ramifications employers could face. The results suggest that three in 10 employees have unapproachable managers, with employees aged between 18 and 24 least likely to feel comfortable approaching their manager, and those aged 65+ most likely. However, employees aged 65+ were significantly more likely to label their manager as unreasonable than any other age group. Geographically, it looks like Londoners are faced with the least forthcoming bosses, with Northern Ireland a close second.

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Commercial property can help guide organisations through the Brexit maze

Commercial property can help guide organisations through the Brexit maze

Corporate real estate (CRE) executives are ideally suited to guiding their corporations through Brexit, the 2016 vote by the United Kingdom to exit the European Union, according to a White Paper (registration needed) authored by René Buck, founder and CEO of Buck Consultants International, published to coincide with this week’s CoreNet Global Summit in London. Buck lays out several ways that corporate real estate executives can contribute to a robust Brexit strategy for their companies in the paper.
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Growing numbers of people remain in employment past retirement age

Both men and women are increasingly staying at work beyond the state pension age, UK government figures show. Data published by the Department for Work and Pensions (DWP) reveals that the average retirement age for men has now risen to 65.1 and for women 63.6. Over a twenty year period, this marks an increase of around two years for men and nearly three years for women. In both cases the average retirement age is now higher than the state retirement age. Some 10 percent of over-65s are currently in employment, according to the DWP data. However, the data also suggests that men are still retiring at an earlier age than they were in the 1950s, which is the starting point for the study.

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High expectations mask large gap between understanding of artificial intelligence and its implementation

High expectations mask large gap between understanding of artificial intelligence and its implementation

New research published by the Boston Consulting Group and MIT Sloan Management Review suggests that there remains a wide gap between the understanding and adoption of artificial intelligence (AI) at most companies. The global study of over 3,000 firms and industry experts claims that almost 85 percent of executives believe AI will allow their companies to obtain or sustain a competitive advantage. However, only about one in five companies has incorporated AI in some offerings or processes. The new report claims to identify the key characteristics of AI leaders and offers companies a starting point for developing an AI strategy.

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Economic gains from digitisation, robotics and AI must benefit workers says TUC

Economic gains from digitisation, robotics and AI must benefit workers says TUC

In the same week that Gartner offered some useful insights into the building blocks for a successful digital workplace, the TUC has published its views on the impact of digitisation, arguing that the economic gains from digitisation, robotics and artificial intelligence (AI) should be used to benefit working people. This would include reversing policies to raise the state pension age. The report Shaping Our Digital Future explores how the next technological revolution will impact on jobs and wages. Previous waves of technological change have not led to an overall loss of jobs, but have disrupted the types of job people do. And with the most recent wave of industrial change, rewards from higher productivity have gone predominantly to business owners, rather than being shared across the workforce through better wages and working conditions.

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Report sets out building blocks of a successful digital workplace strategy

Digital workplace developments often lose their way, or fail, due to a fragmented approach that prioritises a few technology ‘fixes’ over business strategy, according to analysts at Gartner. To combat this, ‘digital workplace leaders’ in public sector organisations need to employ a framework to ensure their digital workplace initiatives address eight critical components required for a successful implementation, according to Gartner. The report (paywall) sets out what it claims are the eight critical components — “building blocks” — that application leaders need when planning, directing and evolving digital workplace programs:

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Remote workers perceived as less valued by management than office based staff

Remote workers perceived as less valued to workplace by office based staffAmerican office workers think it’s twice as difficult for remote workers to build relationships with the boss, make work friends, collaborate with their team and navigate the workplace culture than in-office workers, according to recent research. The “Reality of the Remote Worker Report,” claims that remote workers tend to have their presence go by unnoticed, with 43 percent of office workers believing it’s harder for remote workers to be seen in the workplace than those non-remote. The report, conducted online amongst over 1,500 US workers by YouGov for CyberLink, found a number of disadvantages for remote workers; with nearly 1 in 6 (15 percent) of office colleagues thinking that remote workers are less valued by a company, 20 percent believing they’re promoted less often and 8 percent even viewing them as less trustworthy. And office workers who were asked about their own concerns about working remotely expressed a range of potential frustrations.

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Quarter of women on maternity leave offered less training opportunities than colleagues

Quarter of women on maternity leave not offered same training opportunities as colleagues

One fifth of women (20 percent) feel overlooked by their employer during maternity leave and though three quarters (75 percent) see training as a key way to prepare for their return to work, nearly a quarter (24 percent) are not offered the same training opportunities as their colleagues. According to the new research from AVADO almost a third of women (32 percent) who’ve been on maternity leave in the past three years say they’d have felt more prepared to return to the workforce if they’d had the option to do some training; one in three (29 percent) would have felt better connected with their team members and for a fifth (24 percent), training would have allowed them to stay up-to-date with the latest developments in their industry. During maternity leave, an employee and employer can agree to have up to ten Keeping in Touch (KIT) days, which may include training, but the research found that just one in ten (16 percent) were given the option to use these for training. This is despite the fact that 72 percent of women see it as one of the key ways to help them successfully head back to work after having a family.

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Robots and climate change head list of concerns of young people worldwide

Robots and climate change head list of concerns of young people worldwide

The World Economic Forum has published the third edition of  what it claims is the world’s most geographically diverse survey of millennials, the Global Shapers Annual Survey 2017. Over 31,000 people aged between 18 and 35 responded to the survey, giving insights into their views on society, business, politics, the economy and technology as well as their workplace and career aspirations. The survey, which is available in 14 languages, surveyed young people from 186 countries and territories. According to the survey they are optimistic that technology will create more jobs than it destroys, although only a quarter would trust a robot to make decisions on their behalf.

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Companies overlooking cost of cyber risks as variety and number of breaches increase

Companies are overlooking cost of cyber risks as incidents of breaches riseCyber risk is becoming increasingly common while the types of breaches are becoming more diverse, claims a new white paper by the audit and accounting expert BDO. For instance, ransomware is now the fifth most common type of malware; with the cost of freeing up computer systems from ransomware tripling since 2016. Yet organisations are continuing to spend up to four times more on insuring other company assets (e.g. property, equipment etc.) than on cyber insurance, despite an increasingly widespread belief that their cyber assets are in fact up to 14 percent more valuable. The report also finds that as cyber incidents increase, they become more difficult – and therefore more expensive – to defend. In the new cyber insurance white paper, BDO’s global cybersecurity leadership group stresses the importance of businesses gaining an understanding of their unique risk profiles in order to ensure the right cyber insurance for their needs. Cyber insurance: managing the risk does include some of the positive trends around cyber security – for example, both the level of Board involvement and investments in cybersecurity have increased significantly in the last 2-3 years.

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Third of sick notes are given out for mental health issues, claims NHS study

Third of sick notes are given out for mental health issues, claims NHS study

One in three signed off cases of absenteeism in the UK is related to mental health problems, with more than five million Britons being signed off work for conditions including anxiety, according to an NHS study of fit notes issued by GPs over a 28 month period. The number of workers signed off sick or put on restricted duties because of stress and anxiety rose by 14 per cent in the most recent year according to the report. Mental health and behavioural conditions were the most common reason to be off work, making up 31 per cent of cases, followed by musculoskeletal conditions. The NHS Digital report, running to March 2017, said in 2016-17 there were 573,000 cases of people off sick with anxiety and stress-related conditions, compared with 503,000 cases the previous year.

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