Search Results for: initiatives

Mastering GenAI: how to bridge skills gaps and boost employee confidence

Mastering GenAI: how to bridge skills gaps and boost employee confidence

by • Comment, Workplace

The introduction of GenAI in the workplace means this skills gap is set to expandSix in ten employees will require training before 2027 according to the World Economic Forum, which estimates that the talent shortage will exceed 85 million people by 2030. The introduction of GenAI in the workplace means this skills gap is set to expand. In Udemy’s recent Global Learning & Skills Trends Report, we found that there are three key learning and skills trends for 2024. Firstly, we are seeing that companies are increasingly looking to hire based on skills rather than formal qualifications like degrees, as these hires more closely align with long-term strategic goals and are better equipped to upskill existing teams. More →

People are spending more time in the office, but no sign of a full return for many

People are spending more time in the office, but no sign of a full return for many

by • Flexible working, News, Technology

Many of the UK’s tech workers are embracing a structured return to spending more time in the office, according to a new report. According to the survey of 2,000 people from Techspace, there has been a ‘notable shift’ towards embracing structured office time, with Monday to Wednesday emerging as the top choices for in-office workdays. The report claims that this preference indicates a growing recognition of the benefits of face-to-face collaboration and a desire for a more traditional office environment. More →

We must embrace AI for sustainable workforce transformation

We must embrace AI for sustainable workforce transformation

by • AI, Comment, Technology

Some say AI will take on “80 percent of the jobs that exist today”, but history has shown that technological advancements have consistently led to the creation of new job rolesEach technological revolution has gotten faster; and the era of Artificial Intelligence is accelerating at an unprecedented rate—an intimidating prospect, given Musk’s recent prediction of AI surpassing human intelligence. Some say the tech will take on “80 percent of the jobs that exist today”, but history has shown that technological advancements have consistently led to the creation of new job roles, elevating the standard of living and improving overall productivity. More →

Scale AI announces plans for new European headquarters in London

Scale AI announces plans for new European headquarters in London

by • AI, News, Property, Technology

 

Scale AI has selected London as the location for its first European headquarters, reinforcing the company’s mission to accelerate the development of AI globallyScale AI has selected London as the location for its first European headquarters, reinforcing the company’s mission to accelerate the development of AI globally. Scale’s United Kingdom (UK) office will serve as the centre of its operations in Europe. The firm is an artificial intelligence company headquartered in San Francisco in the US State of California. The company provides labelled data used to train AI applications. The firm was founded in 2016 by Alexandr Wang and Lucy Guo who had previously worked at Quora. More →

European and Asian cities dominate latest smart city rankings

European and Asian cities dominate latest smart city rankings

by • Cities, News, Technology

European and Asian Cities Take Lead in Smart City Race, North America Falls Behind. Zurich named world's top smart cityZurich tops the 2024 Smart City Index, with European and Asian cities dominating the rankings. The report, released by the IMD World Competitiveness Center’s Smart City Observatory and the World Smart Sustainable Cities Organization (WeGO), analyses data and resident surveys from 142 cities globally. Seven of the top 10 smartest cities hail from Europe. These leading cities prioritize initiatives that improve residents’ quality of life, such as green spaces, cultural events, and social engagement. Additionally, they focus on attracting talent, fostering sustainable investments, and tackling inequality. More →

Most people want to work in jobs that have a positive impact on the world

Most people want to work in jobs that have a positive impact on the world

by • Environment, News, Workplace

A new poll from hiring platform Indeed suggests that people now consider working in jobs that positively impact society (57 percent) and the environment (55 percent) more important than they did when they started their careers. Just over a quarter (26 percent) say they would take a pay cut and 44 percent would consider retraining to enter the environmental sustainability sector. The survey of more than 1,000 workers and job seekers and 500 employers in the UK, highlights the ongoing green skills challenge. Despite the clear appetite for sustainability-related jobs among working people, 42 percent believe there are still too many barriers to entry. More than a quarter (27 percent) have been trying to transition to the sector but have been unsuccessful so far. More →

Majority of young professionals feel happy about embracing AI in their lives

Majority of young professionals feel happy about embracing AI in their lives

by • AI, News, Technology

More than half of young professionals feel comfortable or very confident about the increasing integration of AI in various aspects of daily lifeMore than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS, the Global Alliance in Management Education. Half (50 percent) also stated that social media impacts their life positively, while only just over a quarter (27 percent) feel that social media has a negative impact on their lives. Overall, 70 percent of graduates said that they feel optimistic about the future. More →

A lot of young people don’t think their employers give a fig about sustainability

A lot of young people don’t think their employers give a fig about sustainability

by • Environment, News

Ahead of World Earth Day, a new poll from  Zest, claims that workers across the UK are increasingly focused on sustainability and expect their employers to do more – particularly younger generations.  Half (51 percent) of employees are keen to see their company invest more in sustainability, rising to 61 percent of younger workers aged 18-34. The survey from Zest also reveals that over half (53 percent) would like to see their company investing in more sustainable benefits such as electric vehicles, similarly rising to two-thirds (66 percent) of 18–34 year olds – and these demands are not going unnoticed. More →

A definitive new book on the madness of hybrid working goes one step beyond

A definitive new book on the madness of hybrid working goes one step beyond

by • Comment, Flexible working

Andy Lake's new book is called Beyond Hybrid Working but he could have called it “Way Before, and Way Beyond the fuss about Hybrid WorkingIn any crisis, there are people who spot an opportunity. One such opportunity, in early 2020, was to seize the term “hybrid” and apply it to the world of work and place. And for the past four years, we have seen the emergence of polarised commentators, arguing over two extremes; work from home, and ‘back to the office’ and the nominally new construct ‘hybrid working’. Mostly, entirely missing the spectrum of work and workstyles which can co-exist. More →

MIPIM has changed, and mostly for the better

MIPIM has changed, and mostly for the better

by • Environment, Features, Property

With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learnWith an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. More →

The significance of women’s health is increasingly acknowledged in the modern workplace

The significance of women’s health is increasingly acknowledged in the modern workplace

by • Comment, Wellbeing

addressing the disparities in women's health could dramatically reduce this statistic, enhancing the lives of billions globallyWomen, on average, outlive men but, as reported by the World Economic Forum (WEF, 2024), spend approximately 25 percent of their lives in poor health. According to the WEF, addressing the disparities in women’s health could dramatically reduce this statistic, enhancing the lives of billions globally. Notably, strategic improvements in women’s healthcare could add an average of seven days of healthy living per year for each woman, cumulatively offering more than 500 additional healthy days over a lifetime. This progression not only promises to elevate the quality of life for women but also holds the potential to boost the global economy by at least $1 trillion annually by 2040. More →

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

by • Business, News

Microsoft tops 2024 B2B Brand Valuations, NVIDIA is world’s fastest-growing B2B brand Microsoft remains the world’s most valuable B2B brand, achieving a substantial 60 percent increase in B2B brand value to USD220.4 billion, according to the latest report by Brand Finance, the world’s leading brand valuation consultancy. The B2B brand value of Microsoft accounts for the majority of Microsoft’s total brand value of USD340.4 billion, which includes both B2B and B2C components. More →

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