Search Results for: workplace transformation

Surprising number of people fear they will soon be replaced by a robot

Surprising number of people fear they will soon be replaced by a robot 0

robotsA surprisingly large proportion of the British working population believes it could find its job taken by a robot within the next 10 to 50 years, according to a study from software firm Opentext. The survey of 2,000 people found that 42 percent of them overall believe their jobs will be automated within half a century and around a quarter feel it could happen within the next decade. A surprisingly large number – 7 percent- feel they could be ousted by a robot within the next two years. The results display a strong generational bias with19 per cent of 18-24 year olds claiming that they sometimes or frequently worry about this issue. The older generation on the other hand rarely, if ever, worries about robots taking its jobs with 73 per cent of 45-54 year olds saying that they never worry about being replaced by automation. Even so, 25 percent of those in this age group believe that robots might replace them over the course of the next decade.

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What the imminent arrival of driverless vehicles will mean for the way we work

What the imminent arrival of driverless vehicles will mean for the way we work 0

Driverless carsGame changing technology doesn’t come any more disruptive than driverless vehicles. The problem is that we may find the whole idea easy to dismiss based on our past experiences of this sort of thing. Autonomous vehicles carry the whiff of Tomorrow’s World about them, yet they are about to go mainstream far sooner than we might think and their advent will have a major impact on the way we work and live. Both Ford and BMW have announced they intend to have fully autonomous  vehicles on the roads within five years. That doesn’t mean the test models that are already on the roads but commercially available vehicles; Volvo will have 100 customers in Sweden and the UK using the vehicles next year. Tesla claims its cars will be driverless in two years. And it’s not just car makers who are intent on grabbing a share of this new market but computer makers like Google and Apple as well as sharing economy pioneers like Uber.

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UK, Germany, Switzerland and Poland lag Europe in flexible working

UK, Germany, Switzerland and Poland lag Europe in flexible working 0

UK, Germany, Switzerland and Poland lag behind in flexible workingA new report has verified the value of flexible working by showing a positive correlation between employee happiness and the adoption of flexible working practices. Yet, the research conducted by IDC and sponsored by Cornerstone OnDemand also reveals that flexible working practices have been taken up at different speeds across Europe, where the lowest flexible working maturity appears to be clustered in Central and Eastern Europe, as well as the UK. Business managers and HR respondents stated a low level of flexible working adoption in Poland, the UK, Switzerland and Germany – surprising, given the competitive labour market in these regions. The Nordics, Spain, Benelux and Austria were perceived to be the most mature when it came to flexible working options. Among the respondents from Poland, less than 50 percent of those surveyed were allowed to work from home, while the figure for the Nordic countries was 87 percent.

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How and why Millennials are shaping the future of remote working

How and why Millennials are shaping the future of remote working 0

Young workersThe future is here. Millennials, the youngest generation in the workforce, are now the majority generation at work. Their potential impact has been discussed for decades, but we’re finally seeing results, as this generation not only enters the workforce, but assumes management-level roles, makes their voices heard, and shifts how we approach work. But why does the Millennials attitude and approach to work have such an impact on how, when, where, and why we all work? And why should employers pay attention? It’s because this generation is shaping remote working. They’ve got sheer numbers behind them. In 2015, Millennials surpassed Generation X to become the largest generation in the American workforce. The vast majority of Millennials want flexible work options, especially the ability to work remotely. In survey after survey, Millennials, more than any generation previously, say that work-life balance and remote work is important to them.

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Great strides made towards fourth industrial revolution, but more to come

Great strides made towards fourth industrial revolution, but more to come 0

fourth industrial revolutionMany  countries and organisations are making significant strides in the development of the fourth industrial revolution, but there is much work still to do. Those are the conclusion of two new studies into the preparedness of firms and national economies with regards to the emerging digital economy.  The Cisco Digital Readiness report surveyed technology decision makers in eight countries and eight industries, categorising them as either ‘forwards’ and ‘laggers’. According to the report, globally, the ‘forwards’ have an average score of 77. The UK’s score is 75 placing it largely at the forefront of developments. According to a second report from PwC, Industry 4.0: Building the Digital Enterprise, the digitisation of businesses is progressing well, but with a lot of scope for development. The survey of more than 2,000 global companies found that 33 per cent of firms rate their digitisation levels as high, but the value will hit 72 percent over the next five years.

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Hong Kong, London and Beijing most expensive cities for office space

Hong Kong, London and Beijing most expensive cities for office space 0

Hong KongHong Kong is the world’s most expensive office location, followed by London, Beijing and New York.This is according to JLL’s Premium Office Rent Tracker, which compares like-for-like occupation costs across 24 cities around the world. This ranks Established World Cities such as New York and London, Emerging World Cities like Shanghai, Dubai and Mumbai, and New World Cities such as San Francisco, Boston and Toronto. The latest research shows that six of the top ten most expensive cities for office rentals are in Asia; with Hong Kong the world’s costliest office rental market on a net basis as well as including added costs such as service charges and property tax. The tracker found continued demand prime office space, despite a rise in economic uncertainty; while across the global cities, the technology, media and telecommunications sectors are moving into premium office space – previously dominated by the finance and professional services sector.

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Fewer than ten percent of business processes will rely on paper by 2018

Fewer than ten percent of business processes will rely on paper by 2018 0

PaperlessA new report from Xerox suggests that the use of paper in business processes continues to fall away. The Digitisation at Work report claims that the move from paper to digital processes is nearly upon us although many of the 600 survey respondents admit they may not be ready for it. The report found concerns remain over paper-based processes, with cost (42 percent) and security (42 percent) cited as primary issues. Survey respondents predicted an average of nine percent of key business operation processes will run on paper in two years time. However, over half (55 percent) of the respondents admit their organisation’s processes are still largely or entirely paper-based and about a third (29 percent) are still communicating with customers via paper.This is despite the fact that 41 percent agree moving to digital workflows will cut organisational costs and 87 percent appear to have the skill sets available to make this happen.

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Generation Z are preparing themselves for an automated world of work

Generation Z are preparing themselves for an automated world of work 0

AutomationThe automated world is far closer than many people suppose. Yet one demographic group that is less fooled than others on that particular score is the one now starting to make its mark in the workforce, suggests a new report. Amplifying Human Potential: Education and Skills for the Fourth Industrial Revolution, commissioned by Infosys from researchers Future Foundation, claims that 42 percent of 16-25 year olds worldwide feel their education did not prepare them for the world of work they are encountering for the first time with over three quarters having to learn new skills to meet the demands of employers. The report also claims that 40 percent of young workers believe their current job could be replaced by automated systems including robotics within 10 years. The report lands in parallel with a cluster of stories which highlight just how quickly the world is moving towards an automated future.

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UK Government opens consultation on its new national digital strategy

UK Government opens consultation on its new national digital strategy 0

s300_digital-economy-640x4001Digital Economy Minister Ed Vaizey has called on members of the public and industry to share their ideas on how the UK’s digital revolution can be taken to the next stage. The announcement of the consultation follows what the Government claims was a successful first stage of its strategy with the creation of digital clusters in East London, centred on Tech City. Five years on, the Government claims that  the UK is now truly a ‘Tech Nation’ with more than 70 per cent of digital businesses now based outside of the capital. According to Vaizey, “this revolution has been led by entrepreneurs but supported by Government in creating the right environment for ideas and businesses to flourish. Government is now looking at a new Digital Strategy for the UK for the next five years. It wants the UK to be synonymous with digital – a place where digital technologies transform day-to-day life, the economy and government.”

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What Shakespeare’s Henry V can teach us about flexible working

What Shakespeare’s Henry V can teach us about flexible working

Why are so many of us preoccupied with the status that having an office brings? They say it’s lonely at the top. Well, that loneliness often starts with the social exclusion of being in an office. Why would you not want to be in with the in-crowd, to be with your own team of people and the go-getters who are making a difference to your organisation? Why not be where the action is at the working coalface of your organisation? Stuck in your office, you can feel like a kid in the corner of the playground, wondering what the others are whispering about. Some of us want an office because we believe it shows our peers that we have made it; that we have reached the upper echelons of our corporate management structure and become an acknowledged achiever. We want an office so that we can preen to others, but that doesn’t automatically make for better managers, leaders or companies.

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Workers of all ages want employers that commit to digital progress

Workers of all ages want employers that commit to digital progress

Workers of all generations demand more digital savvy employersEmployees across all age groups want to work for businesses committed to digital progress, and companies that are slow to embrace digital technology will not thrive and are more likely to lose talent, according to a new global report. Strategy, Not Technology, Drives Digital Transformation from MIT Sloan Management Review and Deloitte Digital is based on findings from the fourth annual global survey of more than 4,800 business executives across 27 industries and 129 countries. It suggests the ability to digitally transform and reimagine a business is determined in large part by establishing a clear digital strategy, supported by leaders who foster a culture that can change and reinvent their organizations. People want to work for digitally maturing organizations, with nearly 80 percent of respondents preferring to work for a digitally enabled company or digital leader. This sentiment crossed all age groups nearly equally, from 22 to 60.

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Eight sustainability megatrends that will impact on UK real estate

Eight sustainability megatrends that will impact on UK real estate

Eight sustainability megatrends that will impact on UK real estate The ‘Big Eight’ sustainability megatrends that will impact on real estate over the next 15-20 years have been identified in a new report by JLL. Analysing a total of 40 themes, JLL’s Upstream Sustainability Services team claims to have pinpointed eight interconnected trends which are most critical. These are the low carbon economy; technological innovation; urbanisation; land and resource scarcity; workforce transformation; changing demographics; health and wellness; and transparency and social value. According to the report these trends present opportunities as well as risks. Forward-thinking companies which are able to unpick and manage climate change and extreme weather risk, build resilient supply chains, exploit the latest developments in technology, and anticipate the needs of the modern office worker or consumer will stay competitive and succeed.

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