Search Results for: big data

Every workplace innovation contains the seeds of its opposite

Every workplace innovation contains the seeds of its opposite

workplace innovationThe announcement by Apple that it wanted its employees to work in an office for three days a week sparked the usual, tedious pile-on about how many days people should spend in a physical workplace each week. This included the columnist at Grazia who joins the tens of millions of people around the world who not only know where Apple is going wrong, but also how to run every other organisation in the world and what’s best for everybody who works for them. (more…)

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. (more…)

Work-related stress costing UK economy £28bn a year

Work-related stress costing UK economy £28bn a year

New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stressNew data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues.  (more…)

Leesman partners with MIT Center for Real Estate to explore long term impact of hybrid working

Leesman partners with MIT Center for Real Estate to explore long term impact of hybrid working

Workplace analyst Leesman has joined the MIT Center for Real Estate (MIT/CRE) as a Strategic Partner and will be working with its Real Estate Transformation Lab to examine issues related to hybrid workingWorkplace analyst Leesman has joined the MIT Center for Real Estate (MIT/CRE) as a Strategic Partner and will be working with its Real Estate Transformation Lab to examine issues related to hybrid working. This collaboration will support Leesman’s three year investigation into the impact of hybrid working on people, places and societies.  The Leesman project, entitled ‘The Hybrid Future’, will survey over 10,000 participants from around the world, to explore the impact of hybrid working on everything from productivity, diversity and urban centres to the environment, wellbeing and even our love lives. With 24 surveys set to be issued every six weeks, the volume and diversity of data, length of study, and breadth of topic range, make The Hybrid Future the most comprehensive study of hybrid working ever conducted. (more…)

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM may have returned last year, but 2023 was the year it felt backMIPIM may have returned last year, but 2023 was the year it felt back. That was despite widespread concerns over the rising costs of refinancing and a banking crisis that started with the collapse of Silicon Valley Bank in the US and quickly moved to Europe, with Swiss financial regulators beginning to put together during MIPIM week the deal that would see UBS buy Credit Suisse in an emergency rescue. (more…)

Hybrid workers exercise more, sleep longer and eat better

Hybrid workers exercise more, sleep longer and eat better

A new study claims that hybrid working is leading to a healthier workforce, with more time being dedicated to exercise, sleep and healthy eating. Research among more than 2,000 hybrid workers by IWG suggests that the time saved by reduced commuting has led to multiple health and wellbeing benefits including weight loss, better cooking habits, improved mental health and a longer night’s sleep. (more…)

The six skills managers will need for the future of work

The six skills managers will need for the future of work

When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership.Conversations around how work and leadership will change in the coming years have inevitably been accelerated by the pandemic. Companies all over the world have been urged to seek new digital tools, solutions and methods for communicating, making decisions, and activating projects remotely. The companies that emerged most successfully from the Covid era were those that, despite all the uncertainty at the time, decided to adapt and view the pandemic as an opportunity for change rather than an obstacle. When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership. (more…)

New study will explore the impact of economic turmoil on workplace experience

New study will explore the impact of economic turmoil on workplace experience

eople's workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff UniversityPeople’s workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff University and funded mainly by the Economic and Social Research Council (ESRC). The Skills and Employment Survey 2023 (SES2023), which also involves researchers at UCL, the Universities of Oxford and Surrey and the National Centre for Social Research, will help academics assess the impact of an extraordinary period of turbulence for workers which includes the economic downturn, Cost-of-Living Crisis, Covid-19 and Brexit. (more…)

Offices valued as a place to get work done, not just connect

Offices valued as a place to get work done, not just connect

The Workplace Survey from the Gensler Research Institute sets out to explore how offices can more successfully support peopleThe latest Workplace Survey from the Gensler Research Institute sets out to explore how employees are spending their time as they return to the office, how offices can more successfully support them, and the strategic design interventions that will have the biggest impact on the workplace experience. As companies consider the future of their workplaces, the new data suggests that U.S. employees are looking for offices that are both highly effective and offer a desirable mix of experiences. The highest-performing workplaces are those that support all modes of work, offer a wide range of experiences, and are located in amenity-rich buildings and/or neighbourhoods. (more…)

Self-confident bosses are most resistant to change, study claims

Self-confident bosses are most resistant to change, study claims

Chief Executive Officers with exaggerated self-confidence show a preference for steadiness within organisations, claims new research from the University of Mannheim Business School. Marc Kowalzick, Post-Doctoral researcher at the University of Mannheim Business School, and Moritz Appels, former University of Mannheim PhD student and now Assistant Professor at Rotterdam School of Management, Erasmus University, address a central dilemma in our understanding of CEO hubris: Are these CEOs particularly inclined to change their firms’ trajectories or not? (more…)

Digital transformation projects rarely meet aims and expectations

Digital transformation projects rarely meet aims and expectations

A graphic of a man's head to illustrate the nature of digital transformation for workersNew research published by Boston Consulting Group (BCG) claims that while 94 percent of companies have big aspirations to deliver substantial and rapid impact from digital transformation, and companies plan to increase investment in digital transformation in spite of global economic headwinds, the majority of these projects fail to achieve their objectives. (more…)

Inconsistent flexible working strategies drive people away from businesses

Inconsistent flexible working strategies drive people away from businesses

A group of people in a shared flexible working / coworking spaceA new poll of 3,450 people in a dozen countries from Unit4 claims that around two in five organisations have lost employees over the last year because they believed they would enjoy better flexible working options elsewhere. While most firms now have a formalised approach to flexible working, the report claims that policies vary enormously, exacerbating the challenge of recruiting and retaining people for those firms with an inconsistent approach.  (more…)