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Firms are throwing resources at AI knowing they are likely to fail

Firms are throwing resources at AI knowing they are likely to fail

three quarters of UK businesses are gearing up to invest in AI over the next 12 months without really knowing what they are doingDespite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum  suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →

Real estate tech strategies advance AI, workplace and sustainability

Real estate tech strategies advance AI, workplace and sustainability

Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?headcount, footprint and operating budgets, the report suggests.  More →

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Three built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for ExcellenceThree built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for Excellence. The awards set out to recognise outstanding built environment projects in the private, public, and non-profit sectors, celebrating excellence in land use practice across the entire development process, from planning and construction to economics, management, sustainability and resiliency, community impact, and architecture and design. More →

SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

WellbeingA new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low. This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing.

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Report links economic growth with the idea of ‘good work’

Report links economic growth with the idea of ‘good work’

CIPD sets out core themes for skilled, fair and healthy good work that should underpin a new workforce strategy for the next UK GovernmentIn advance of the main party conferences, the CIPD is calling for the next UK Government to develop a long-term workforce strategy to underpin a broader, bolder vision for economic growth. This is a central message in its new ‘Manifesto for Good Work’ which outlines the public policy changes needed to address the UK’s multiple challenges, for all the main UK political parties. These challenges include stagnating productivity, rising skills shortages and our ageing working population. More →

Is there ever a genuinely good or bad time for change?

Is there ever a genuinely good or bad time for change?

There are two questions that seem to plague quite a lot of people:  is there a good or bad time for change and is there a good or bad change?There are two questions, regarding change, that seem to plague quite a lot of people:  “is there a good or bad time for change and is there a good or bad change?” Now it may seem the answers would be quite straight forward, but probably as no surprise the actual answer is “it all depends”. That is because change is about people and we all know there is no formula for people, so it is impossible to give a formulaic, straight forward answer. More →

Not many people want fully remote work, but nearly everybody wants a better office

Not many people want fully remote work, but nearly everybody wants a better office

Just 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company's office and more support for flexible workingJust 7 percent of UK office workers back fully remote work, but eight in ten would like to see significant improvements to their company’s office and more support for flexible working, according to the Sony State of Offices Report 2023 [registration]. The report from Sony Professional Displays and Solutions Europe suggests that over two fifths (41 percent) of UK office workers still prefer to work from a dedicated company office, and across Europe this trend is even more pronounced with over half (53 percent) favouring office-based work. However, eight in ten (79 percent) in the UK call for improvements to offices, and the tech within them, to better suit their new flexible, asynchronous working styles. More →

Scottish government to trial public sector four day week

Scottish government to trial public sector four day week

After twelve months, if the trial proves successful, the four day week scheme could be extended to include a wider range of central government bodies, councils and quangosThe Scottish government is to trial a four day working week for many civil servants. The experiment is set to last for a year and a number of departments and public sector bodies have been invited to take part. After twelve months, if the trial proves successful, the four day week scheme could be extended to include a wider range of central government bodies, councils and quangos. More →

Managers struggling with workload in new era of work

Managers struggling with workload in new era of work

managers are also facing increasing expectations and a greater workload from the organisation, including new responsibilities brought on by hybrid workMore than three-quarters of employees report that it has become more important for them to receive support from their manager, according to Gartner. Simultaneously, managers are also facing increasing expectations and a greater workload from the organisation, including new responsibilities brought on by hybrid working. A December 2022 Gartner survey of more than 6,000 individual contributors and managers claimed that managers are twice as likely to report an increase in responsibilities versus individual contributors, compared to before the pandemic. For example, 35 percent of managers say they have more direct reports and 49 percent report that the complexity of their responsibilities has increased. More →

APAC region leads the world in return to office bookings, report claims

APAC region leads the world in return to office bookings, report claims

A new report from Eptura claims that there has been a global wave of return to office bookings returns led by the Asia Pacific marketA new report from Eptura [registration] claims that there has been a global wave of return to office bookings led by the Asia Pacific market, including a worldwide 338 percent increase in collaborative room bookings, 76 percent room booking check-in rate, 35 percent increase in visitor check-ins, and 3 percent increase in site inspections. More →

Environmental concerns and wellbeing continue to dominate BCO Awards

Environmental concerns and wellbeing continue to dominate BCO Awards

As was the case with the winners of other regional BCO awards, the winners of this year’s competition seem to focus on user-centric design, wellbeing and sustainabilityThe BCO Awards for the South of England and South Wales have been announced, with recognition going to six office buildings across the region. Held at The City Hall in Cardiff, the BCO’s annual South of England and South Wales Awards Dinner claims to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. More →