Search Results for: risk

The most successful business leaders adopt a courageous approach to technology and the future of work

The most successful business leaders adopt a courageous approach to technology and the future of work

Software consultancy ThoughtWorks has published a new report which claims that the best business leaders share a particular approach to the running of their organisations that the report characterises as ‘courage’. The Next Big Disruption: Courageous Executives claims to revealing what sets top business leaders apart from their competition. The report profiles a segment of leaders referred to as “Courageous Executives” in the US, the UK, Australia and India and the findings ‘underscore the critical role technology plays in business strategy, from navigating the chaos of digital transformation to how they’re setting their business up for future success.’ The report also claims to shed light on the leadership styles of Courageous Executives including their tolerance for risk and failure, their use of customer insights and the ways leaders in all four countries are preparing for the future of work.

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Certain staff a ‘major block’ to adoption of new technology in local government

Certain staff a ‘major block’ to adoption of new technology in local government

Some individuals within local government are holding back tech to preserve the status quo – a new survey suggests. According to the research, these people feel threatened by new technology and believe it will be disruptive to their ways of working. While the survey by 8×8 of staff working in local government suggested a significant appetite for new technology, more than a fifth (22 percent) say certain individuals are holding back tech adoption to preserve the status quo. This view is more prevalent amongst those in IT procurement, where more than a third (35 percent) believe colleagues are standing in the way of technology because it will disrupt what they already have in place. Only 51 percent of respondents believe senior management understand the importance of new technology and just 21 percent think they invest enough money to stay up to date with the latest developments. This contrasts with the private sector, where over half (56 percent) believe there is sufficient investment in new technology.

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Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Two major new studies claim to show the impact of temporary or insecure work on the wellbeing of people, especially younger workers. Research into the lives of 7,700 people from the UCL Institute of Education (IOE) suggests that young adults who are employed on zero-hours contracts are less likely to be in good health, and are at higher risk of poor mental health than workers with stable jobs. Meanwhile, an analysis from the Institute for Public Policy Research (IPPR) and Business in the Community suggests that younger workers (born since 1982) in part-time and temporary work – or who are underemployed and/or overqualified – are more likely to experience poorer mental health and wellbeing, compared to younger workers in more permanent and secure work.

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Potential job creation will replace only fifth of jobs lost to artificial intelligence and automation

Potential job creation will replace only fifth of jobs lost to artificial intelligence and automation

The debate surrounding the threat from artificial intelligence (AI) and automation leading to the loss of jobs has been highly publicised. Most recently, tech titans Elon Musk and Mark Zuckerberg have locked horns over the issue, and PricewaterhouseCoopers (PwC) has estimated that by the early 2030’s 30 percent of British jobs will be lost to automation. Job meta-search engine Joblift has analysed the field of automation and AI in the UK, comparing potential job creation with jobs lost by the early 2030’s. Its meta-analysis based on jobs listings and the research from PwC suggest that newly created positions in the field of AI and automation would only replace around 19 percent of the jobs lost to robotics.

 

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Insurance claim data suggests that musculoskeletal disorders dominate workplace health

Insurance claim data suggests that musculoskeletal disorders dominate workplace health

According to an analysis of the private medical insurance (PMI) records of over 45,000 UK employees carried out by Aon Employee Benefits with its largest clients, the highest claims are for musculoskeletal disorders- almost double those for cancer related illness. In a study of reports from private medical insurers (PMI), Aon found that 31 percent of claims were for musculoskeletal concerns, while 15 percent were cancer related, 4 percent were for mental disorders and 4 percent for urology. The data forms part of its new report, Wellbeing: Examining the correlation between employee health and financial wellbeing. Among the remaining 46 percent of claims, problems included gastrointestinal issues, diagnostic and treatment planning (equally prevalent), followed by obstetrics, heart, respiratory, head/neck, trauma/injury, nervous system, and eyes, ears and dermatology.

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Link between offices and wellbeing is too important for landlords and occupiers to ignore

Link between offices and wellbeing is too important for landlords and occupiers to ignore

Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield. The Well Workplace report claims to map out the major trends, opportunities and challenges of the future facing owners and occupiers of commercial office space due to the growing emphasis on employee health and vitality as part of the work environment.  Improved lighting, layout and use of plants are all known to benefit wellbeing and can increase employee performance. Gains through boosting performance far outweigh potential cost savings through real estate efficiencies – making the imperative for occupiers clear, according to the report’s authors.

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UK government publishes update on physical and digital infrastructure spending

UK government publishes update on physical and digital infrastructure spending

The UK Government’s Infrastructure and Projects Authority (IPA) has published its 2016 to 17 annual report on major projects, reporting 143 major projects on the Government’s Major Projects Portfolio (GMPP), worth £455.5 billion and spread across 17 government departments. The report is in support of the IPA’s ongoing purpose ‘to improve the way infrastructure and major projects are delivered and the government’s commitment to transparency and delivering public services effectively and efficiently’. Projects currently on the GMPP reflect the government’s priorities; ‘making our infrastructure fit for the 21st Century, maintaining the security of the realm and modernising and digitising our public services’. The spending also updates progress on spending on faster broadband and connectivity as the UK continues to play catch up on digital infrastructure.

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BCO predicts how Brexit might impact on demand for office space to 2022

BCO predicts how Brexit might impact on demand for office space to 2022

Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022. According to the report, almost one year on from the Brexit vote the situation is one of uncertainty, feeding through to slower growth, with ‘an almost palpable sense that choppy waters lie ahead, particularly with regard to trade and movement of labour’. However, businesses continue to make long-term investments in the national economy and even in the City, some large investment banks have committed to large new office buildings. There is much variation in the relative performance of the UK’s major office centres, though, with some expanding and others apparently in decline.

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The provision of cycling facilities in offices is failing to meet a growing demand

The provision of cycling facilities in offices is failing to meet a growing demand

The quality of the cycling facilities being offered by many workplaces are currently falling short and risk undermining a Government drive to increase the number of people cycling to work; as according to new research published by the British Council for Offices, 16 percent of office workers claim that inadequate facilities are discouraging them from considering commuting by bike. In April, the Department for Transport stated an aim to double the number of cycling stages, defined as a change in the form of transport as part of a longer “trip” (e.g. cycling to the train station before catching a train to work), from 0.8 billion stages in 2013 to 1.6 billion in 2025. However, new research, commissioned by the British Council for Offices and carried out by Remit Consulting, finds that whilst 83 percent of workplaces in the UK offer some form of bike storage, less than half (47 percent) of this is covered and secure. Improved parking facilities could help increase numbers of those cycling to work, with 16 percent of office workers surveyed saying that better bike storage would encourage them to do so.

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Large majority of working mothers cut short maternity leave over job fears

Large majority of working mothers cut short maternity leave over job fears

New research claims that just 12 percent of working mothers take a full year’s maternity leave and almost one in five (18 percent) take four months or less. The research claims that almost half (44 per cent) of working mothers were unhappy with how they had been treated by their employer during their pregnancy and after their return to work. While many mothers return for financial reasons or simply because they want to, many worry about being side-lined, edged out or feel pressure from their boss to go back. The survey of 2,000 working mothers by law firm Slater and Gordon found that almost a third (30 percent) felt their managers wouldn’t have supported them staying off for any longer, and thirty-nine per cent weren’t sure their job would be waiting for them when they went back.

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The world has its say on the Taylor Review into modern working practices

The world has its say on the Taylor Review into modern working practices 0

Yesterday, the much-awaited Taylor Review into modern working practices was finally published. And by modern working practices, the report focussed primarily on what has become known as the gig economy. People have been speculating about the contents of the report for months and things ramped up last week after a partial leak to the media. So, things were already bubbling under nicely before the actual publication of the document brought things to a boil yesterday. Assuming the government do more than kick the whole thing into the long grass, always a possibility, debate will continue for a while. We’ll let politicians do their thing with it, but here are a few of the initial reactions from interested parties and the experts. More →

Remote workers should not be out of sight, out of mind when it comes to wellbeing

Remote workers should not be out of sight, out of mind when it comes to wellbeing 0

Line managers who supervise distributed or remote workers should look after their wellbeing and manage the risks they face, a new study recommends. Nearly half of all workers in Western Europe (129.5 million) spend at least some time working away from a main office or location, a number that seems to be increasing. With limited regular face-to-face contact, problems accessing safety and health resources, and having more than one place of work – where risks might be harder to predict and control – managing the health and safety of distributed workers presents significant challenges. Findings, advice, case studies and practical resources published by the Institution of Occupational Safety and Health (IOSH), which sponsored this work by researchers from the University of East Anglia (UEA), Kingston University London and Affinity Health at Work, show the vital roles managers have in helping assure their remote workers’ safety. Out of Sight, Out of Mind explores existing research, leadership styles and models, elements of management and communication, and direct contact with safety and health practitioners.

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