Search Results for: innovation

Public sector procurement must foster digital innovation and growth says report

Public sector procurement must foster digital innovation and growth says report

If the Government is to deliver its plans of driving digital transformation to improve the UK’s public services it must make a step change in procurement within central government and the wider public sector. That is one of the main findings of Procuring the Smarter State: key steps to promote innovation and growth in the public sector, published today by techUK. The Government spent more than £12.2bn with SMEs in 2015/16 and thousands more tech SMEs have signed up to sell their services to Government in the last year through agreements like G-Cloud and Digital Outcomes and Services. But the Government needs to do more if it is to reach its aspiration of spending one pound in every three with SMEs by 2022. This new report sets out how procurement can act as a tool for Government to deliver its vision for the future of public services and use public sector procurement to help foster innovation in the supplier community.

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Occupiers concerned about lack of innovation from commercial property sector

Occupiers concerned about lack of innovation from commercial property sector

commercial property innovationThe UK’s productivity is lagging behind other G7 countries and property directors are concerned that landlords’ lack of proactivity around commercial property innovation may hamper efforts to move the UK up the productivity league table, according to the newly published results of  a survey carried out at the Property Directors Forum in December 2017, hosted by Avison Young. Attendees at the event held at The Royal Society of Chemistry, Piccadilly, were asked to provide their thoughts on property innovation and the role that landlords have in leading the way. The survey revealed that not one of the property directors have been approached by their landlord(s), proactively, to discuss property innovation and, in fact, 40 percent of directors reported their landlord as being reluctant to innovate.

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Employer bias is undermining business innovation and potential says OU

Employer bias is undermining business innovation and potential says OU

Employer bias is undermining business innovation and potential says OU

Over a quarter of senior managers hire people just like them, and this bias is still rife in some organisations, according to new market research commissioned by The Open University. The study amongst business leaders and employees finds that three in 10 (29 percent) senior managers admit they hire people just like them, and warns employers may be overlooking candidates from different social and educational backgrounds, impacting access to talent, and hindering business innovation and performance as a result. Employers place significant importance on educational attainment (86 percent), cultural fit (77 percent), tastes and leisure pursuits (65 percent), and even social background (61 percent). Considering the typical social make up of managers, this raises concerns about diversity, a key driver of innovation, and hints at a glass ceiling for those from less privileged backgrounds, with the re-enforcement of the historical class system. The issue is prevalent in both recruitment and employment, with bias creating a ‘degree premium’, particularly at entry level.

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Commercial property lenders should drive sustainability through financial innovation

Commercial property lenders should drive sustainability through financial innovation 0

The commercial real estate finance sector is witnessing a dramatic shift in attitudes towards the issue of sustainability, according to a new report from the Better Buildings Partnership. It claims that major commercial property lenders are already exploring new opportunities that go well beyond traditional risk management through sustainability initiatives that ‘drive new business, strengthen customer relationships and improve the data they hold on the buildings in which they have underwritten’. The report, Beyond Risk Management: How sustainability is driving innovation in commercial real estate finance, is sponsored by CREFC Europe, GeoPhy, ING Bank and Lloyds Bank Commercial Banking, and claims to reveal pioneering examples of how lenders are incorporating sustainability into their core business activities.

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Big disconnect between employees, business leaders and IT when it comes to innovation

Big disconnect between employees, business leaders and IT when it comes to innovation 0

Most North Americans believe their employers and IT teams should be doing more to unleash their capacity for innovation, according to a new study by Softchoice, a North American provider of IT solutions and managed services. The study, Enabling Innovation: When Actions Speak Louder Than Buzzwords, found just 37 percent of employees believe their employers are very innovative, and even fewer felt their organisation did a good job with other leading innovation indicators, such as anticipating market trends, taking risks, and investing in technology that enables innovation. The study is based on a survey of 1,000 full-time employees and 250 IT decision-makers across the U.S. and Canada to uncover whether workplaces really walk the walk when it comes to having the right leadership, culture, processes and technology tools to drive innovation.

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Connectivity, innovation and uncertainty are driving workplace change, claims report

Connectivity, innovation and uncertainty are driving workplace change, claims report 0

Sodexo has published its 2017 Global Workplace Trends report, which claims to define the most critical factors affecting the world’s workers and employers. According to the report, the trends portray a workplace that blends work life with outside life, catering to employee needs through improvements in wellness, space design and learning programs. “With this piece, we’ve distilled key findings from different sectors, generations and countries to produce a report that provides a holistic view of the global workplace,” said Sylvia Metayer, CEO, Worldwide Corporate Services segment, Sodexo. “It’s critical for business leaders to recognise the underlying trends driving change, to evaluate their significance and stay ahead of—rather than follow—them.”

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UK Green Building Council announces launch of first Innovation Lab

UK Green Building Council announces launch of first Innovation Lab 0

The UK Green Building Council (UK-GBC) has announced the launch of its first Innovation Lab, which it claims offers ‘a radical new approach to innovation in the built environment’. The Lead Partners for the programme are: Canary Wharf Group, Land Securities and Marks & Spencer. The Innovation Lab aims to identify and address what it calls the systemic challenges facing businesses within the sector, and co-create innovative and highly sustainable solutions.

Head of Leadership and Innovation at UK-GBC, Cat Hirst, said: “Research and Development levels across our industry are painfully low; the UK currently only spends £43m on construction R&D. The risks to a single company of investing in developing a solution for such a high-cost industry is often seen as prohibitive. But we desperately need to find ways of working together to achieve radical change if we are to challenge business as usual and transition to a sustainable way of working.

“At UK-GBC we’re seeking to catalyse this change by using our unique position to convene our member organisations to work together to address the issues our industry faces. We want to ensure there is the time, space, and structure for open innovation to occur for the built environment.

“The Innovation Lab is not just about finding one solution to one problem, it’s about fostering a more open and collaborative approach to problem solving as an industry. We need to build the capacity of our industry to innovate and find the right approach to being creative and collaborative within a commercial setting.”

The Innovation Lab began last month with a workshop to identify the ‘breakthrough challenge’ which will form the focus of a 9-month programme of work. In order to arrive at the challenge, the UK Green Building Council is working with the Lead Partners and thought leaders from the wider UK-GBC membership to explore future trends for the built environment as well as key environmental and social challenges, and pain points for business. The initial workshop highlighted key industry challenges around climate change resilience, resource use, shifting demographics, technological advancement and health and wellbeing.

Over the coming weeks, the breakthrough challenge will be refined in consultation with the Lead Partners. The next workshop will be on 1 February, where Innovation Lab participants will begin to respond to this challenge by mapping existing innovations and, where a gap is identified, generating new innovative solutions to solve the challenge.

UK large businesses are failing to create a culture of creativity and innovation

UK large businesses are failing to create a culture of creativity and innovation 0

suggestion_boxA new study claims that the UK lags behind other European countries when it comes to fostering a culture of innovation at creativity at work. Whilst 63 percent of French employees and 57 percent of Spanish employees feel empowered to lead innovation and drive change, less than half (47 percent) of employees surveyed across the UK agree. In turn, this appears to be impacting morale; just 54 percent of employees in the UK said they feel inspired in the workplace compared to 74 percent in Spain, 73 percent in France and 66 percent in Germany.  As businesses strive to stay ahead of the competition, making innovative use of technology is a top priority. However, the research commissioned by BMC and conducted by Opinion Life, suggests that businesses across the UK are struggling to foster an innovative culture fast enough and failing to capitalise on the creativity of their staff.

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Many firms lag behind their customers in use of latest tech innovations

Many firms lag behind their customers in use of latest tech innovations 0

DigitalJust one in three IT decision makers believe advances such as cloud-based solutions, big data and wearable tech will be available in their industry within the next 12 months, according to a new study from Capita. Although the report – Trends vs Technologies – has yet to be published, the firm has released some of its findings. Based on a survey of IT professionals in the insurance, finance, legal services and manufacturing sectors, the study analyses nine key organisational trends and the implementation of related technology. The report claims that while many decision makers describe a tech trend as being relevant to their industry, several barriers to implementation mean solutions are not yet ready and in many cases might be lagging behind consumer take-up of the new technology. The trends named in the report are Big Data, Digital Workplace, Artificial Intelligence, Internet of Things, Wearable Tech, Robotics, Cloud Based Solutions, 3D Printers and Virtual Reality.

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Global lack of support by management in encouraging innovation at work

Global lack of support by management in encouraging innovation at work 0

InnovateToo many managers expect their employees to innovate without offering them any practical support. In a global survey by consultants O.C. Tanner published in the Harvard Business Review – a poll of nearly 3,500 people from companies in the U.S., Canada, the UK, Germany, and India found that although a majority of employees say innovation is everybody’s responsibility, not everyone actually gets the resources needed to innovate. There’s an especially large disconnect on this subject between leaders and lower-level employees. While nearly nine in ten non-managers believe they ought to be involved in innovation, far fewer (roughly six in ten) say they actually are. The research claims this applied to small as well as large companies and among all age groups. The problem the review suggests, is that most employees believe that management does not inspire them to do great work — or give them the opportunity to do so.

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Small steps to innovation debated at Workplace Futures 2014

Siemens eröffnet Stadtentwicklungszentrum The Crystal in London

New or refurbished workplaces are often described as ‘innovative.’ But while the architect and designers behind a building’s design are often credited with innovation, when it comes to the FMs tasked with managing the property, things are less clear cut. Although the FM sector is increasingly under pressure to demonstrate innovation, whether as services provider or as an in-house department; determining what exactly this constitutes, much less being able to demonstrate it in practice, is a lot more difficult. The 2014 i-FM Workplace Futures Conference, held this week at the Siemens Crystal building in London’s Docklands, bravely aimed to address this conundrum. It was, as the organisers admitted, a tall order to ‘nail this innovation theme,’ but it seems that taking small incremental steps may be the key to success. More →

What Graeme Obree, the Flying Scotsman, can teach us about workplace innovation

What Graeme Obree, the Flying Scotsman can teach us about workplace innovation

Innovation is one of the over-used words in the UK built environment. In fact, it is used so much that its true meaning is being left behind by marketing teams and spin doctors. The real definition is about a new method, idea, product, i.e. some form of technological innovation. Think about the last time you read of a claim for an innovative product, method or management concept. How new was it really? Often ‘innovation’ is more to do with the Emperor’s clothes than an effective new method or a radical product that changes a manufacturing process or reduces carbon, or just makes life and work more efficient. More →