Search Results for: business

Global trust demands business acts as force for good

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Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”

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Business spending to grow for two years, forecast Ernst & Young

Business spending will grow tentatively over the next two years, according to a new report from the ITEM Club, an economic research group established by Ernst & Young. It predicts that overall spending by businesses will grow by just over three per cent this year and a further 8.1 per cent in 2014. This is good news following a number of recent economic forecasts but means that spending will remains some way short of its pre-downturn peak. The ITEM Club also called on the UK Government to do more to stimulate growth. More →

UK businesses lag behind US counterparts in adoption of Cloud tech

Businesses in the UK are significantly lagging behind their US counterparts when it comes to adopting Cloud technology according to new research from Redwood Software. The study found that 58 percent of US businesses were already using the cloud for private data storage, compared to just 35 percent in the UK. Meanwhile twice as many organisations in the US are using Cloud technology for supply chain integration and capacity management than their Brit contemporaries. More →

Go ahead granted for Manchester Airport business district

The application to build a new business district within the government-designated Airport City enterprise zone in Manchester has been granted outline planning permission by Manchester City Council. The UK coalition government made the area one of its first four “vanguard” enterprise zones in March 2011 to provide fastrack planning and tax breaks to encourage rapid development. The application involves the creation of  113,400 sq. m. of office space, 49,000 sq. m. of industrial units, and 5,800 sq. m. of retail and leisure facilities on the outskirts of Manchester. The £650 million scheme is anticipated to create over 11,000 jobs over the next 15 years.

Greenest commercial building in the world opens for business

The Bullitt Center, proclaimed as the greenest, most energy efficient commercial building in the world, is opening in Seattle. The goal of the Bullitt Center is to change the way buildings are designed, built and operated to improve long-term environmental performance and promote broader implementation of energy efficiency, renewable energy and other green building technologies. Tenant are now moving into the six-storey, 50,000 square-foot building located at the intersection of Capitol Hill and the Central District in Seattle, Washington. More →

Cloud computing set to transform business models

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As an issue explored in our own briefing on the technologies that will do most to transform the workplace during 2013, we know the Cloud is set to be adopted (and understood) by more and more organisations and individuals in the coming year. Doubtless it will follow the usual process of technological adoption as people begin to understand its unintended consequences as well as its uses but it pays to know what some of its implications will be for office designers and managers as shown by this programme from Deloitte.

Women find it more difficult to separate remote work from their family lives

Women find it more difficult to separate remote work from their family lives

 

Remote work has often been lauded as a potential solution to gender inequality, given its flexibility, however these findings showcase that personal circumstances still have an effect on women’s careers.Women have much more difficulty separating their working lives and their family lives when they work from home, than men do, according to new research from Durham University Business School. Remote work has often been lauded as a potential solution to gender inequality, given its flexibility, however these findings showcase that personal circumstances still have an effect on women’s careers. More →

How can companies address the skills gap and ongoing talent shortage in their industry?

How can companies address the skills gap and ongoing talent shortage in their industry?

 

Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent and bridge the skills gapThe modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation. Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent. More →

People can be so obedient in the workplace, they become Stepford Employees

People can be so obedient in the workplace, they become Stepford Employees

The ‘Stepford Employee’ is a growing phenomenon in the workplace, where staff become overly agreeable, seldom ask questions, and rarely push boundariesThe ‘Stepford Employee’ is a growing phenomenon in the workplace, where staff become overly agreeable, seldom ask questions, and rarely push boundaries, hindering both their personal growth and their organisation’s success.  The term ‘Stepford Employee’ originates from the popular feminist horror novel, “The Stepford Wives”, which highlighted the dangers of subservience and docility for women. This growing trend in the world of work sees employees getting stuck in the status quo – not challenging leaders or pursuing professional growth. More →

Organisations need to address the rising problem of workplace sickness

Organisations need to address the rising problem of workplace sickness

Rising levels of workplace sickness are costing UK businesses billions each year, according to a new report from the Institute for Public Policy ResearchRising levels of workplace sickness are costing UK businesses billions each year, according to a new report from the Institute for Public Policy Research (IPPR). The think tank’s analysis reveals that the annual hidden cost of employee sickness has surged by £30 billion since 2018. Of this increase, £25 billion is attributed to lower productivity from employees working while ill, with only £5 billion due to an increase in sick days. More →

Remote work is holding back innovation, study claims

Remote work is holding back innovation, study claims

Remote work and 'hybrid working' models may greatly enhance employees' work-life balance, but new research suggests they might also be stifling innovationRemote work and ‘hybrid working’ models may greatly enhance employees’ work-life balance, but new research suggests they might also be stifling innovation. The study, led by economists from the University of Essex and the University of Chicago found that employees who worked in a hybrid model were less likely to come up with innovative ideas compared to their colleagues who always worked in the office. Additionally, employees working entirely from home tended to produce lower quality ideas than those who consistently worked in the office. More →
Shortage of high-quality data threatens the AI ‘boom’

Shortage of high-quality data threatens the AI ‘boom’

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threaten the AI ‘boom’, according to a new white paper from the Open Data InstituteA number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024. It claims to identify significant weaknesses in the UK’s technological infrastructure that threaten the predicted potential gains – for people, society, and the economy – from the surge of interest in artificial intelligence and its applications. It also outlines the ODI’s recommendations for creating diverse, fair data-centric AI. More →