June 15, 2015
Generation Y isn’t as tech savvy as it and everybody else likes to think
The shaky idea that the members of Generation Y are somehow different to the rest of the human race tends to rest on their characterisation as ‘digital natives’. However, according to a new report from US campaign organisation Change the Equation, just because Millennials have grown up with digital technology and are very attached to it doesn’t mean they are particularly tech savvy, especially when it comes to using technology to solve challenges in the workplace. The report, based on na analysis of the OECD’s Programme for International Assessment of Adult Competencies, found that although Millennials spend an average of 35 hours a week using digital devices, more than half of them (58 percent) are still unable to use their tech to help increase their productivity. They are still better in this regard than previous generations where 70 percent of people have low skills, but not significantly better.
May 11, 2015
Does declining productivity spell the end for IT and property directors?
by John Blackwell • Comment, Facilities management, Property, Technology, Work&Place
When it comes to increasing organisational output, which in turn directly relates to real wage growth and higher living standards, the only determinant is productivity, measured in terms of output per hour worked. This is at the heart of all businesses and is essential for growth. The basic facts on productivity are clear. For over a decade, productivity has been painfully weak across all the major economies. The UK has performed particularly badly, with productivity having declined by 3.7 percent since 2008. A recent OECD report went as far as saying: “weak labour productivity since 2004 has been holding back real wages and well-being. The sustainability of economic expansion and further progress in living standards rest on boosting productivity growth, which is a key challenge for the coming years”.
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