Search Results for: business

AI reskilling is ‘crucial’ for business success

AI reskilling is ‘crucial’ for business success

AI trainingAs AI continues to disrupt the world of work, a new report says upskilling and reskilling will be crucial in developing workers’ competencies to complement technological innovation. Yet according to the 2020 Talent Trends Report released by Randstad Sourceright, only about a fifth of businesses around the world (22 percent) are currently training existing employees to help them adapt to AI. More →

Aligning talent with strategy is the key to business success

Aligning talent with strategy is the key to business success

Companies that align talent with business strategy outperform others by 16 percent, retain 30 percent more top performers, and see 34 percent higher employee performance according to The State of Talent Optimization Report (registration) from The Predictive Index. More →

Business ethics and morality have their limitations, new analysis suggests

Business ethics and morality have their limitations, new analysis suggests

business ethics

Morality has its limitations in the business domain, according to a new analysis of available research by Dr Hannes Leroy from Rotterdam School of Management (RSM) Erasmus University and his co-authors. This is despite the fact that there is a widespread belief that morality and business ethics matter in the way organisations act, although there is also a concomitant belief that there is a general lack of attention to morality in the world of leadership. This appears to be true regardless of industry, firm size, or the status and level of a leader in a company. More →

Third of workers at small businesses are unhappy with their jobs

Third of workers at small businesses are unhappy with their jobs

Over a third of UK employees (39 percent) at small-to-medium sized businesses are unhappy with their jobs and 36 percent believe their employer does too little to retain them, according to new research from People First. Exploring the attitudes of 250 bosses and 250 employees across the UK, the research claims to identify a major difference in outlook as more than eight-in-ten (86 percent) SMB bosses believe they have a happy workforce. More →

Most business leaders think that major firms will continue to globalise

Most business leaders think that major firms will continue to globalise

In what might be interpreted as a sign of increasing globalisation, a new study from Intertrust amongst the firm’s corporate clients suggests that almost three quarters (72 percent) of business leaders expect to see more companies setting up overseas operations between now and 2024 compared to just 5 percent who believe it will fall. The conclusion is based on a survey of 100 companies ranging from start-ups to mature multinationals about their expansion plans. Over half (56 percent) of respondents said they plan to expand into up to three markets in the next two years with a further 14 percent aiming to break into four to six new countries. More →

Third of workers at small businesses are not happy with their jobs

Third of workers at small businesses are not happy with their jobs

unhappy workersOver a third of employees (39 percent) at small-to-medium sized (SMB) businesses in the UK are unhappy with their jobs and 36 percent believe their employer does too little to retain them, according to new research from People First, the HR solutions provider. Exploring the attitudes of 250 bosses and 250 employees across the UK, the research found a major difference in outlook as more than eight-in-ten (86 percent) SMB bosses believe they have happy workforces. When asked to rate out of ten the scale of engagement among employees at their companies, 77 percent of these bosses said it was between eight and ten, with ten being the most content and engaged. More →

Worrying disconnect between small business leaders and workers

Worrying disconnect between small business leaders and workers

A new report from Microsoft claims that there is a worrying disconnect between small business leaders and their employees. Over three quarters of leaders (79 percent) say they disclose as much information as possible with their staff and 85 percent agree employees perform much better when empowered with information. However, just 36 percent of employees say their business has a culture of transparency, and even less (18 percent) think their organisation has a clear vision or goal. More →

Businesses fear that a failure to embrace automation will make them irrelevant

Businesses fear that a failure to embrace automation will make them irrelevant

Automation The majority of UK businesses fear becoming ‘irrelevant’ within the next five years through failing to make a successful transition to an automated workplace. To avoid this risk, organisations need to collaborate with their workforces to embrace automation and artificial intelligence, a new report from Capita warns. The report Robot wars or automation alliances? People, technology and the future of work calls for an honest dialogue between business leaders and employees – and urgent, multi-stakeholder action to support employees in the transition to a more automated world. More →

Gulf between the values of businesses and those of employees

Gulf between the values of businesses and those of employees

organisational valuesA new study from The Institute of Leadership & Management claims there is a significant gulf between the organisational values held by UK businesses and the personal values of their workers, and highlights the different values considered important to men and women, younger and older workers and between sectors. More →

One in five businesses plan to drop contractors because of IR35

One in five businesses plan to drop contractors because of IR35

Companies are in danger of losing top talent due to lack of flexible working and IR35A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. More →

Uber Works may not be as good for workers as it is for businesses

Uber Works may not be as good for workers as it is for businesses

<img src="https://counter.theconversation.com/content/125519/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important" />Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, bar staff and warehouse workers to find work. More →

Cyber security remains a key tech priority for businesses

Cyber security remains a key tech priority for businesses

cyber securityOrganisations are prioritising investment in cyber security to strengthen their defences against their perceptions of a growing threat, according to a new survey of its customers to gauge their technological priorities by Softcat. According to a BBC report, 55 percent of UK firms have experienced a cyber-attack in 2019, up 15 percent compared to last year, signifying a growing threat so their fears may be well-founded. Softcat’s survey claims that 83 percent of industries ranking cyber security as their biggest technology priority for the year ahead. More →