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Investment in digital technology set to deliver £232bn boost to UK economy by 2040

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

economyInvestment in digital technology is set to increase UK GDP by £232bn (6.9 percent) in 2040, according to a new study by Virgin Media Business and the Centre for Economics and Business Research (CEBR). The research, which examines how more digital ways of working can support the UK’s economic recovery from Covid-19, claims investment in technology could boost the economy by £74bn in 2025. More →

Improving air quality is key to making people feel safer

Improving air quality is key to making people feel safer

air qualityImproving air quality in the fight against COVID-19 could give businesses the edge over their competitors and attract more customers, according to a top UK university scientist. Writing in a new report for facilities services provider phs Group, Cambridge University Professor Paul Linden highlights the growing evidence for the airborne transmission of coronavirus and that tackling indoor air quality must be at the forefront of creating COVID-safe environments. More →

The UK’s digital divide is closing considerably slower than official targets

The UK’s digital divide is closing considerably slower than official targets

digital divideNew data analysis by web design and development agency Rouge Media, claims the digital divide in the UK is closing considerably slower than official targets. In the Government’s 2014 “Digital Inclusion Strategy”, the target was set to reduce the number of people offline by 25 percent every 2 years. And by the end of 2020, everyone who can be digitally capable, will be. More →

The city and the office have much to teach each other

The city and the office have much to teach each other

Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   More →

Events of 2020 have proved the value of personal resilience

Events of 2020 have proved the value of personal resilience

No-one could have predicted what 2020 would deliver.  A pandemic, lockdown, moving the workplace into the home. We are in uncharted waters. The Oxford English Dictionary defines resilience as being able to withstand or recover quickly from difficult conditions. Resilience is an almost stoic quality, and a pandemic a time of crisis. It almost feels like they are a match made in heaven.  But how does this affect organisations? What can be done? Is it really that important to build employees’ resilience? More →

The weakness of purpose and the shift to problem-solving

The weakness of purpose and the shift to problem-solving

A man with purpose and a direct approach to problemsBlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. More →

The FM industry is held back by short-term thinking, research claims

The FM industry is held back by short-term thinking, research claims

FMResearch published by VINCI Facilities claims that there is a lack of long-term strategic thinking amongst FM service providers and their customers that is limiting an opportunity to yield substantial business and social benefits. More →

Employers should explain their monitoring policies to workers

Employers should explain their monitoring policies to workers

The number of companies monitoring their employees is growing. According to a Gartner survey, more than 22 percent of employees use employee movement data, while 17 percent of them are monitoring computer usage. With companies choosing to monitor employees, privacy laws are also catching up, and thus there is a need for explaining employee monitoring to prospective hires. Employee monitoring is defined as the use of monitoring devices and methods by companies to learn about their employees’ workplace behaviours and performance. More →

Change like everyone is watching 

Change like everyone is watching 

At a time when we aren’t generally supposed to get within two metres of each other, depending on what the rules happen to be today (or part day), there’s a lot of embracing going on. Almost in some quarters as though it’s a resigned acceptance. You know the curve, with the part at the end where having denied it, got angry then depressed and reluctantly bargained with it, we finally get on with it. Which of course isn’t how anything happens at all. But that’s what us dedicate followers of Covid-era fashion are supposedly doing: embracing change.  More →

Work really has become much harder during the pandemic

Work really has become much harder during the pandemic

The burden of work, Sisyphus by TitianThe pandemic has seriously altered how we work. According to statistics published by the International Labour Organization (ILO) in September 2020, US$35 trillion (£26 trillion) has been lost globally in labour income. There has also been an estimated loss of 17 percent of working hours worldwide since 2019, with young people and women being hit hardest. And many of those still in jobs are working under very different conditions. More →

Digital skills gap poses major economic threat, Microsoft study claims

Digital skills gap poses major economic threat, Microsoft study claims

The UK’s digital skills gap could pose a risk to economic recovery, new research from Microsoft claims, with over three-quarters of UK leaders citing a large digital talent pool as essential to driving UK competitiveness. The study, Unlocking the UK’s potential with digital skills, was conducted in partnership with Dr Chris Brauer at Goldsmiths, University of London to assess the UK’s skills gap and provide practical guidance for organisations on how to tackle it. It predicts the rise of a “Next Gen Worker” that is empowered by low-code and no-code technology, but also finds that a failure to embrace technological skills could leave companies struggling to compete on the global stage. More →

Men and young people more likely to disregard COVID-19 regulations

Men and young people more likely to disregard COVID-19 regulations

Covid-19Men, younger people, and those with conservative political views are less likely to comply with Covid-19 measures such as social distancing, claims new research from BI Norwegian Business School. The findings also claim that detailed instructions on the virus and health behaviours can help increase adherence to Covid-19 measures. More →