Search Results for: transformation

Three quarters of firms dissatisfied with quality of UK infrastructure

Three quarters of firms dissatisfied with quality of UK infrastructure

Three quarters of firms dissatisfied with quality of UK infrastructureBusinesses are concerned about the pace of commitment to improving the UK’s infrastructure, and a record number of firms are dissatisfied with the state of infrastructure in their region. With the UK currently ranking 27th in the world for the quality of its infrastructure, nearly all (96 percent) of businesses in the 2017 CBI/AECOM Infrastructure Survey see infrastructure as important (of which 55 percent view it as critical) to the Government’s agenda. From the Clean Growth Strategy and the £500 billion infrastructure pipeline to its decision to build a new runway at Heathrow and press ahead with the A303 tunnel, the Government has made clear its commitment to British infrastructure. However, only one in five firms is satisfied with the pace of delivery (20 percent) and almost three quarters (74 percent) doubt infrastructure will improve over this Parliament. This lack of confidence is attributed primarily to policy inconsistency (+94 percent of firms) & political risk (+86 percent). The digital sector is the exception, however, where 59 percent of firms are confident of improvements.

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Freelancers to make up a majority of US workforce within a decade

Freelancers to make up a majority of US workforce within a decade

Freelance website Upwork and the Freelancers Union have published the results of a report called Freelancing in America: 2017, which the sponsors claim is the most comprehensive measure of the US independent workforce, (but given their vested interests probably needs you to add a pinch of salt and always worth reading Trustpilot reviews). The fourth annual study estimates that 57.3 million Americans are freelancing (36 percent of the US workforce) and contribute approximately $1.4 trillion annually to the economy, an increase of almost 30 percent since last year.

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Unequal access and usage could hold back potential of global digital economy

Unequal access and usage could hold back potential of global digital economy

Digital technologies continue to make impressive advances. Internet infrastructure is improving and the usage of digital tools is growing. The social impacts of digital innovation have also become more pronounced in diverse fields. However, progress is uneven across countries, businesses, and within societies. Broadening access to digital opportunities and helping those lagging behind to catch up would increase the benefits of the digital transformation and help ensure they are widely shared across economies and people, according to a new OECD report. The OECD Digital Economy Outlook 2017 says government policy has not kept pace with the digital innovation and transformation of economies and societies led by big technology firms. It calls on countries need to step up their efforts, invest more in education and skills and encourage greater use of advanced technologies like big data analysis and cloud computing, in particular by small businesses, to make the digital shift more productive and inclusive.

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Traditional department-based office layouts reduce efficiency and collaboration, say bosses

Traditional department-based office layouts reduce efficiency and collaboration, say bosses

Eliminating traditional departmental office seating improves efficiency say bosses

Nearly two thirds (64 percent) of senior executives say their offices are still structured on a traditional departmental basis, despite the fact that the majority of those polled in a recent survey (94 percent) believe project efficiency could increase significantly if they simply re-arranged their office seating plans to promote cross-departmental collaboration between team members. The new report Agile Ways of Working: The Great Leadership Disconnect from digital consultancy, Red Badger, claims that not only do these senior decision makers believe in the promotion of collaboration, but four out of five (81 percent) digital leaders in organisations who were additionally surveyed, strongly believed that an inflexible office layout actively led to delays in launching a product or service into the market or to customers. “Waterfall” ways of working (62 percent) and teams working on multiple projects at once (51 percent) were also among the most cited reason for delays in the past.

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Top UK workplaces honoured at BCO national awards ceremony

Top UK workplaces honoured at BCO national awards ceremony

London workplaces dominated at this year’s annual British Council for Offices National Awards dinner last night as a record six awards went to offices in the capital. London’s Sky Central was awarded the Best of the Best workplace at the British Council for Offices’ (BCO) annual National Awards in London last night. The office was also recognised as the Best Corporate Workplace in the UK, joining a list of six other award winners recognised for excellence in office space. Sky Central was praised by judges for bringing 3,500 of Sky’s workforce under one roof at their landscaped campus near Heathrow, West London. The judges were impressed by the building’s eighteen 200-person workspace neighbourhoods, arranged around six cores that resurrect ‘Büro Landschaft’ inspired planning rules. Judges also commended the vast array of services and amenities on offer, including six restaurants and cafes, a 200-seat state of the art cinema, 200-person event space and a technology ‘lounge’. We know all about Sky Central and a full write up from Sky’s then Workplace Director Neil Usher can be seen here.

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Shocking level of dissatisfaction amongst workplace occupants, finds Leesman

There is a shocking level of dissatisfaction among the workforce according to a new global report from Leesman, which looks at how a poorly planned workplace can have a negative impact on employees, and inhibit their ability to perform. The findings show that while employers continue to face economic uncertainty, many of their employees are having to endure workplaces that fail to support their basic working day, obstructing their ability to positively contribute to business success.  ‘The Next 250k’, a global report based on the evaluation results from more than 250,000 employees across 2,200+ workplaces in 67 countries found that 43 percent of employees globally do not agree that their workplace enables them to work productively. In the UK, that figure jumps to 46 percent. Therefore, in line with ONS employment figures, for over 1.3 million UK workers, the office is simply not good enough.

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New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforceAn increase in the number of UK-born employees leaving the UK’s workforce, either through retirement or emigration is coinciding with a shrinking pool of younger workers, which a fall in immigration can no longer fill, a new report warns. An analysis of the UK’s workforce showed that the UK’s workforce grew in 2016-2017 only because of an increase in EU and non-EU workers. Mercer’s Workforce Monitor showed that retirement, opting out (i.e. due to caring responsibilities) or emigration saw around 143,000 UK-born employees leave the UK workforce with the loss of workers only being offset by the entry of around 147,000 EU-born workers and around 232,000 Non-EU workers.  In sum, the UK’s workforce grew by an estimated 234,000 over 2016-2017. From Q1 2016 to Q1 2017, the number of workers over 50 in the UK economy grew by 230,000, the under 35’s grew by 50,000 while the number of workers aged 35-49 shrunk by 48,000. According to the analysis, if net migration into the UK levels off at 100,000 per year from 2020, the number of under 50s in the workforce will fall by 200,000 by 2025; the over 50s would increase by over 1 million while the number of under-25s in the population would fall by 100,000. This means apprentices and graduates numbers will be less.

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The most successful business leaders adopt a courageous approach to technology and the future of work

The most successful business leaders adopt a courageous approach to technology and the future of work

Software consultancy ThoughtWorks has published a new report which claims that the best business leaders share a particular approach to the running of their organisations that the report characterises as ‘courage’. The Next Big Disruption: Courageous Executives claims to revealing what sets top business leaders apart from their competition. The report profiles a segment of leaders referred to as “Courageous Executives” in the US, the UK, Australia and India and the findings ‘underscore the critical role technology plays in business strategy, from navigating the chaos of digital transformation to how they’re setting their business up for future success.’ The report also claims to shed light on the leadership styles of Courageous Executives including their tolerance for risk and failure, their use of customer insights and the ways leaders in all four countries are preparing for the future of work.

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Millennials are no more tech savvy and able to multitask than anybody else, claims review

Millennials are no more tech savvy and able to multitask than anybody else, claims review

Last year we reported on the fact that a large number of organisations still think they can solve all their tech and digital transformation issues merely by hiring one of the aliens we’ve come to call Millennials, based on little more than the idea they are ‘digital natives’. Since that time, a growing body of research and a little bit of thought has started to erode many of the stereotypes of this particular demographic. Turns out they’re just people like the rest of us and many of their ‘characteristics’ appear to be not that different to those of young people from other generations. The latest salvo fired at the stereotype comes from researchers Paul Kirschner and Pedro De Bruyckerec who claim the average Millennial is essentially a ‘yeti with a smartphone’ as they colourfully put it, just like everybody else. Millennials are not particularly good at multitasking either, according to the study.

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UK government publishes update on physical and digital infrastructure spending

UK government publishes update on physical and digital infrastructure spending

The UK Government’s Infrastructure and Projects Authority (IPA) has published its 2016 to 17 annual report on major projects, reporting 143 major projects on the Government’s Major Projects Portfolio (GMPP), worth £455.5 billion and spread across 17 government departments. The report is in support of the IPA’s ongoing purpose ‘to improve the way infrastructure and major projects are delivered and the government’s commitment to transparency and delivering public services effectively and efficiently’. Projects currently on the GMPP reflect the government’s priorities; ‘making our infrastructure fit for the 21st Century, maintaining the security of the realm and modernising and digitising our public services’. The spending also updates progress on spending on faster broadband and connectivity as the UK continues to play catch up on digital infrastructure.

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Employers must prepare for emerging technologies that will reshape work by 2030

Employers must prepare for emerging technologies that will reshape work by 2030 0

Employers should prepare for emerging technologies that reshape society and work by 2030Emerging technologies such as artificial intelligence, robotics, virtual reality, augmented reality and cloud computing, will transform our lives and how we work over the next decade; and by 2030 every organisation will be a technology organisation. As such businesses need to start thinking today about how to future-proof their infrastructure and workforce, according to a report published by Dell Technologies. The research, led by the Institute for the Future (IFTF) alongside 20 technology, academic and business experts from across the globe also offers insight on how consumers and businesses can prepare for a society in flux. ‘The Next Era of Human-Machine Partnerships’ forecasts that emerging technologies, supported by massive advancements in software, big data and processing power, will reshape lives. The report predicts that an estimated 85 percent of jobs in 2030 haven’t been invented yet. The pace of change will be so rapid that people will learn “in-the-moment” using new technologies such as augmented reality and virtual reality. The ability to gain new knowledge will be more valuable than the knowledge itself.

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Digital workplace accelerates blurring of lines between IT, HR and finance roles

Digital workplace accelerates blurring of lines between IT, HR and finance roles 0

To help ‘organisations thrive in a competitive digital marketplace’, Oracle and the MIT Technology Review have released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud’s New Power Partnership, outlines how a ‘holistic view into finance and HR information’, delivered via cloud technology, empowers organisations to better manage continuous change in the workplace. Based on a global survey of 700 C-level executives and finance, HR, and IT managers, the study claims that a shared finance and HR cloud system is a critical component of successful transformation initiatives.

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