February 6, 2018
HR teams are not sufficiently prepared to meet the fourth industrial revolution
Most people who work in HR now recognise how essential technology is for delivering more strategic value to their organisation, but a new report suggests that HR teams are not prepared to meet the fourth industrial revolution. A survey from ADP and IDC across eight countries in Europe found that over a fifth (22 percent) of Human Capital Management (HCM) processes are still inputted manually. Equally alarming, was the lack of communication between HR teams and IT departments, with 28 percent of respondents claiming that IT is only somewhat involved in HCM solution decisions, and 3 percent claiming it plays no role at all. Yet despite a significant number of respondents revealing that IT departments are not closely aligned with HR, the research pointed towards a shift in the attitudes of HR experts. When asked which new technologies they find increasingly important, 68 percent said end-to-end integration of all HR and talent systems and 64 percent said HR dashboard and analytics were very or extremely important. What’s more, 56 percent said social or collaborative features were also very important.
The UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. According to the Global Talent Competitiveness Index GTCI) produced by the Adecco Group, with international business school INSEAD and Tata Communications, the UK has a particularly strong pool of global knowledge skills, a variable for which it is ranked third in the index boosted further by its strong regulatory, market and business landscape. But this is undermined by its internal openness, where it still lags behind, especially when it comes to gender equality. The report also suggests that although Article 50 was triggered in 2017, the ongoing negotiations and continuing lack of clarity over the UK’s position once it leaves the European Union in 2019, means the impact of Brexit is not yet clear.
The proportion of flexible space within occupier portfolios will continue to increase in 2018; a growing adoption of technology will redefine buildings, workplaces and portfolios; and it will be a year of decision for many businesses regarding Brexit. These are among the ‘UK Property Predictions 2018’ report from JLL which covers a range of different topics, with a particular focus on UK corporate occupiers. The report claims that traditional static portfolio concepts are being redesigned to incorporate new formats of space, co-working and a more fluid and diverse range of space options that support creativity, innovation and collaboration. 
Employers can make major performance and productivity improvements by taking a more strategic approach to where they place their people, a new report suggests. Organisations with the closest alignment between their geographical talent footprint and market opportunity tend to be most productive and profitable claims Right people, wrong place?, a new EY report in collaboration with LinkedIn. The report analysed 659 organisations of varied size and scale across 11 sectors and revealed that those that poorly match their workforce to the global sub-sector growth markets are potentially leaving hundreds of millions of dollars of opportunity on the table. Bringing together a combined analysis of current and projected industry market performance from EY with LinkedIn’s insights from more than 530 million members, the report validates and quantifies the value of maximising the alignment between workforce location and market opportunity.
January 30, 2018
Harnessing serendipity in the workplace is about more than facilitating the unexpected
by Ilkka Kakko • Comment, Technology, Workplace design
More →