Search Results for: automation

AI revolution means 120 million people need to reskill

AI revolution means 120 million people need to reskill

The AI revolution means a large number of people need to reskill soonAs many as 120 million workers in the world’s 12 largest economies may need to be retrained or reskilled over the next three years as a result of the advent of artificial intelligence (AI) and automation, according to a new IBM Institute for Business Value (IBV) study. It also suggests that only 41 percent of CEOs surveyed say that they have the people, skills and resources required to execute their business strategies.

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Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial intelligence in the workplaceFor many, the thought of adopting artificial intelligence (AI) in the workplace is a daunting prospect. But it seems that the majority of chartered accountants believe it will, in fact, have a positive effect on the industry. According to research conducted by CABA, the charity supporting the wellbeing of chartered accountants and their families, 52 percent believe this to be the case, with 16 percent either unsure or predicating no impact at all. The same research also found that, more generally, the biggest bugbear for chartered accountants was the amount of work expected to be completed in the time available (41 percent). So, it’s encouraging that nearly 1 in 4 (25 percent) agree that AI will let humans add value elsewhere as robots take on more menial jobs. In addition, 17 percent stated that the adoption of AI/automation will increase productivity, with 11 percent also agreeing that it will reduce errors and improve attention to detail. More →

Knowledge workers feel out of step with their own organisation

Knowledge workers feel out of step with their own organisation

Many knowledge workers don’t feel they share common goals with their employer and colleagues, according to a study of 17,000 people by Slack. The State of Work Report summarises the findings, including the effect of this feeling of a lack of ‘alignment’ on organisational and personal performance and the role of technology in aligning people around shared goals. More →

Skills for the future of work laid out by new task force

Skills for the future of work laid out by new task force

Mind map of the variety of skillsBecause qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. More →

Stress most prevalent among health and social workers

Stress most prevalent among health and social workers

A woman stares out of the window, illustrating the issue of stressHealth and social care are the most stressful industries to work in, according to an analysis by The Office Group (TOG), which claims that health and social workers tend to work longer hours and report more cases of work-related stress, depression and anxiety than staff in other sectors. TOG calculated an overall stress score for 12 industries across the UK, using public data on the number of self-reported cases; average full-time hours; number of days lost to self-reported cases; and the likelihood of future automation. A recent report from the CIPD also highlighted how stress is now a fact of life for most workers. More →

UK SMEs must leverage tech-friendly culture to secure talent

UK SMEs must leverage tech-friendly culture to secure talent

UK SMEs must create a tech-friendly culture to attract and retain top tech talent, according to a new white paper from Robert Half UK, Recruiting for the future: The challenges for UK SMEs. While remuneration and work–life balance are the top reasons for job moves, SMEs’ ability to offer an innovative  culture with high levels of responsibility is central to their ability to secure and retain talent over larger organisations. With the UK talent market suffering from a lack of digital skills, companies across all sectors are locked in a war for talent, competing with one another to hire skilled technology professionals to help their businesses adapt to increased digitalisation. More →

Organisations upskilling to make sense of people data

Organisations upskilling to make sense of people data

New research claims that there has been a huge rise in the number of people analytics teams as HR is called on to take an increasingly strategic role in shaping business performance. Innovation generation: the big HR tech disconnect, a report released by Thomsons Online Benefits, claims there has been a significant increase in the proportion of UK-based global organisations building people analytics teams, rising from 8 percent to 43 percent in just three years. With tech talent in short supply, the survey of 60 HR decision makers from UK-based companies suggests that employers are looking to upskill existing HR team members to make sense of the data now available to them. More →

Rise in employment led by self-employed and older workers

Rise in employment led by self-employed and older workers

employment figuresAs with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →

New BCO specification guide addresses “exponential times”

New BCO specification guide addresses “exponential times”

The British Council for Offices (BCO) has published its new Guide to Specification, which provides guidance on industry standards for workplaces across the UK. The Specification Guide, last published in 2014, sets out to help office developers address the key issues for the UK workforce in the coming decades, namely wellbeing, technology and sustainability. The authors claim that the new edition addresses the “exponential times” in which we now live, with sections focusing on wellbeing, the Fourth Industrial Revolution and sustainability. More →

Large firms not investing enough in productivity

Large firms not investing enough in productivity

Offices of Concentra who have just published a report into productivityA new report claims that 86 percent of Britain’s largest businesses are worried about raising their productivity with two-fifths (39 percent) calling their productivity ‘very concerning’, but that they are investing just 0.25 percent of turnover in measures to improve it, less than they invest in telecoms. The report by the Centre for Economics and Business Research (CEBR) and Concentra Analytics also suggests there is a “spray and pray approach” to driving productivity caused by a lack of insight into the performance of people. More →

World Economic Forum sets out top tech trends for 2019

World Economic Forum sets out top tech trends for 2019

tech trends for the workplaceThe World Economic Forum has announced its annual list of breakthrough technologies with the greatest potential to make a positive impact on our world. The technologies on the list, which is curated by members of the Forum’s Expert Network, are selected against a number of criteria. In addition to promising major benefits to societies and economies, they must also be disruptive, attractive to investors and researchers, and expected to have achieved considerable scale within five years. This year’s list features several technologies and tech trends directly relevant to the workplace and building design, including telepresence, automation and systems for plastics management.

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A Turing Test for the workplace

A Turing Test for the workplace 0

Are we seeing the creation of a new type of workplace professional?One of the ideas we’re going to hear about a lot over the next few years is the Turing Test. It describes the point at which a machine’s behaviour becomes indistinguishable from a human’s, so that a typical person is unable to work out if he or she is interacting with a machine or an individual. This matters for lots of reasons; functional, philosophical and ethical. More →