Search Results for: business

Four day week makes business sense, claims Henley report

Four day week makes business sense, claims Henley report

by • News, Wellbeing

Four day week makes business sense cover imageA four day working week could save UK businesses an estimated £104 billion annually, while improving productivity and their environmental performance according to new research from Henley Business School. The research claims that a shorter working week on the same pay could add to businesses’ bottom lines through increased staff productivity and an uplift in staff physical and mental health, whilst also resulting in a cleaner environmental footprint. Henley’s ‘Four Better or Four Worse?’ white paper exploring the issue claims that of those businesses who have already adopted a four day week, nearly two-thirds (64 percent) have reported improvements in staff productivity. (more…)

AI is the biggest business disruptor on world stage

AI is the biggest business disruptor on world stage

by • News, Technology

UK Asis TechAI and its transformational effect on the global business landscape was the dominant theme on day one of the UK Asia Tech Powerhouse Conference. Transforming urban mobility thanks to rapidly growing cities, and how Asian cities are leading the march towards a digital future also featured in the first of the two-day event, with influencers from across trade, investment and technology, including Singaporean entrepreneur Annabelle Kwok and Mark Purdy, Accenture’s Group Chief Economist and Managing Director at Accenture Research. (more…)

New BSRIA guide to Soft Landings and Business-Focused Maintenance

New BSRIA guide to Soft Landings and Business-Focused Maintenance

by • Architecture, Facilities management, News, Technology, Workplace design

New Soft Landings and Business-Focused Maintenance guide from BSRIABSRIA has launched a new guide that aims to inform those involved in the design, construction and operation of a building about how an effective Business-Focused Maintenance (BFM) regime can be developed and achieved through the Soft Landings approach. The topic guide on Soft Landings and BFM is written as an ‘at a glance publication’ to give readers a glimpse of the subject and recommends further reading. (more…)

Rise of grey entrepreneurs: 1 in 10 Brits would like to start their own business in retirement

Rise of grey entrepreneurs: 1 in 10 Brits would like to start their own business in retirement

by • News, Workplace

Aviva’s Retirement Reality Report claims that for some people retirement is a time when they would like to travel (47 percent), take up a new hobby or continue with old ones (29 percent). However, many think retirement is also a good time to start their own business. That’s according to a survey of 2,010 UK employed adults, aged 22-65 years, conducted on behalf of Aviva by Censuswide. (more…)

Businesses urged to pay suppliers on time or risk losing out on government contracts

Businesses urged to pay suppliers on time or risk losing out on government contracts

by • News

More than 10,000 businesses have been warned by the government that they must pay their suppliers on time or face being prevented from winning further government contracts. Officials from the Cabinet Office have written to the businesses – which include all the government’s current strategic suppliers – to remind them of the new rules on prompt payment, which come into force this autumn. (more…)

Procurement fraud rampant in UK businesses

Procurement fraud rampant in UK businesses

by • News, Technology

smartphone with procurement appProcurement fraud is widespread in the UK and the country lags behind many countries in its detection capabilities, new research from SAS claims. British companies, on average, lose significantly more money to procurement fraud, and the country is far more reliant on ineffective manual detection techniques than other nations.Procurement fraud occurs when employees and suppliers behave fraudulently during the contract bidding process or over the course of the contract. This can range from employees colluding with their preferred vendor to give unfair advantage during procurement, to suppliers submitting multiple invoices for a single item. While procurement fraud is a serious crime that carries a jail sentence in many countries, perpetrators are often willing to take the risk for personal revenge or financial gain. (more…)

Majority of UK business leaders believe costs and red tape will rise after Brexit

Majority of UK business leaders believe costs and red tape will rise after Brexit

by • Facilities management, News, Workplace

Over half (58 percent) of UK business leaders expect costs to rise after Brexit, even if a deal is struck and just over a third (38 percent) believe that access to local business funding and grants will also become more challenging post-Brexit, claims a new survey from Vistage. Respondents were also sceptical about the so-called ‘bonfire of red-tape’ which was a key part of the Leave campaign’s manifesto. Thirty-eight per cent believe bureaucracy will become more of a hurdle post-Brexit, versus just 17 percent who believe a deal with the EU will lead to fewer regulations and less red-tape.

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Digital workplace pioneered by medium sized businesses, study claims

Digital workplace pioneered by medium sized businesses, study claims

by • News, Technology

Medium-sized businesses now account for over 60 percent of US jobs, and are investing fast in technology. However, with digital now a priority for businesses of all sizes, they must ensure they have the necessary skills and security management in place to handle the change, or risk falling behind competitors according to a new report from Aruba. (more…)

Mobile working is a recipe for business success

Mobile working is a recipe for business success

by • Comment, Technology, Workplace design

Today, the Fourth Industrial Revolution is changing the face of work as we know it: introducing AI and automation to the workplace and creating a drastic shift in the skills required by organisations today. As automation increasingly frees employees up from the repetitive, process work that can so often dominate their day-to-day, organisations are instead looking to employees to showcase their critical thinking and creativity. Indeed, McKinsey’s Skill Shift confirms that by 2030 the demand for higher cognitive skills, such as creativity, critical thinking and decision making will grow by 14 percent in Europe.

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Neither bosses nor staff feel confident about future UK business environment

Neither bosses nor staff feel confident about future UK business environment

by • AI, News, Technology, Workplace

Two new reports published this week, show a lack of confidence amongst employers and employees within the UK business environment. The latest data in Gartner’s Global Talent Monitor report shows employee confidence in near-term business conditions and long-term economic prospects reaching an index score of 55.6 for the last quarter of 2018, a decline of 7.5 percent from an index score of 60.09 in 3Q18. These results follow a worldwide trend that has seen global business confidence sink to its lowest point since the fourth quarter of 2017. Meanwhile a survey of business leaders in the UK by management consultancy Lane4 found that bosses do not feel prepared to lead through future challenges like artificial intelligence and political volatility. (more…)

UK jobs boom set to end as finance and business sectors lose confidence

UK jobs boom set to end as finance and business sectors lose confidence

by • Cities, Facilities management, News, Workplace

The boom in the UK jobs market is coming to an end just as the Brexit countdown reaches its final stages. According to the latest ManpowerGroup Employment Outlook Survey, the national Outlook for the second quarter of 2019 has fallen to +4 percent, on a par with the weakest levels of confidence seen in recent years. More worryingly, the negative Outlook in the Business and Financial services sector – which employs nearly a fifth of all UK workers – suggests jobs are set to be lost in Britain’s most important sector. The report found that the Finance and Business Services sector has fallen five points to -1 percent, only the second time in the last decade it has been in negative territory.

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On International Woman’s Day – why advancing women is still not a business priority

On International Woman’s Day – why advancing women is still not a business priority

by • Comment, Legal news, News, Workplace

It has probably not escaped your notice that today is International Woman’s Day, which for Workplace Insight means a plethora of studies on the topic of women/jobs/salaries and ways women might work differently to men. We’ve decided not to waste anyone’s time and ignored most of them (particularly the patronizing ones on how ladies are so intuitive) but managed to find a few kernels of information. First, the good news that women have doubled their share of top jobs at technology companies, pulling in higher salaries than men last year, according to executive search firm Odgers Berndtson. (more…)

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