Search Results for: business

Smart cities spend to top $189 billion in next five years

Smart cities spend to top $189 billion in next five years

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities  for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. More →

Poor office design continues to hamper productivity

Poor office design continues to hamper productivity

Research published by Dell claims to highlight the issues related to office design holding back workers’ productivity and the impact this has on UK businesses. While classic gripes like office temperature and loud colleagues take the top spots, poorly designed or implemented technology is having a negative impact on employees – with out of date technology (29 percent), poor Wi-Fi (22 percent) and poorly integrated technology (19 percent) featuring in the top ten factors UK workers feel impact their office lives. More →

Getting a sense of productivity and motivation

Getting a sense of productivity and motivation

The five sensesWhen business operators are planning their company’s office, price is often chief among their priorities. Keeping the fixed cost of real estate low helps companies project—and increase—their expected income. Price is not just a consideration when it comes to rent; assets such as office furniture are often purchased en masse and for purely utilitarian reasons. Sure, a business is saving money by designing a no-frills, utilitarian office, which some Feng Shui experts would agree with, but what they are ignoring is how space affects productivity, motivation and enjoyment. More →

FTSE firms on track to meet women on boards target

FTSE firms on track to meet women on boards target

Firms in the FTSE 100 are on track to reach the target of 33 percent of women on boards  by 2020 that was set by the Hampton Alexander Review. In its July update, the organisation reports that 27.5 percent of FTSE 250 board positions now held by women, up from 24.9 percent three years ago.  The figures suggest that if progress matches the same gains made over the last 3 years, then FTSE 100 companies are on track to meet the 2020 target. Just under a third (32.1 percent) of FTSE 100 board positions are now held by women, up from 12.5 percent in 2011. More →

Fears about impact of AI now widespread

Fears about impact of AI now widespread

A significant proportion of the global population is concerned about the use of artificial intelligence (AI), with scepticism about its use by business greater than its use by government, a poll published by the World Economic Forum suggests. According to the poll, which surveys the attitudes of over 20,000 people across 27 countries, 41 percent of respondents said that they were worried about the use of AI. This compares to 27 percent that disagreed and 32 percent that were undecided. When asked whether the use of AI by companies should be regulated more strictly than it is today, 48 percent of respondents said they agreed compared to 20 percent that disagreed. More →

More people than ever plan to work past 65 but health fears remain

More people than ever plan to work past 65 but health fears remain

According to ONS statistics, nearly three quarters (71 percent), or 23 million UK based employees, plan to work beyond the age of 65, but two in five of these (41 percent) – equivalent to 9.5 million workers – are concerned their health will make it difficult to do so, according to new research from Canada Life Group Insurance. Over a quarter (27 percent) of UK employees think their boss views older workers as a ‘hassle’ because of these possible health struggles. This highlights the potential for poor health to act as a barrier to employment and retention of older workers. Employees also believe their boss perceives older workers as stuck in their ways (30 percent) and technologically inept (30 percent). Among the biggest concerns of those intending to work beyond the age of 65 is that they will be treated differently because their boss or colleagues perceive them as being ‘old’. More →

BDG completes Amsterdam offices of WPP

BDG completes Amsterdam offices of WPP

BDG architecture + design has completed the new Amsterdam campus for WPP as part of its global co- location strategy, which is to provide world-class spaces that bring together its people and agencies into one location, encouraging greater collaboration and giving clients easier access to all of WPP’s talent and expertise. More →

The biggest problem with open plan offices is how they are used

The biggest problem with open plan offices is how they are used

A Cuban panopticon is the idea most people have of open plan officesFor decades the trend among workplaces has seen employees moving out of individual offices and into open plan spaces. This has not always been successful, with the open-plan approach receiving significant criticism. The key issues are distraction and noise, which apparently leads to uncooperative behaviour, distrust and negative personal relationships, and the lack of privacy and sense of being universally observed. Now that the internet connectivity is available almost everywhere and thus allows much more flexible working, the question arises: What might the set-up of an ideal workplace environment look like today? More →

Modern comms tools can shut out workers

Modern comms tools can shut out workers

The use of technology to support communication and collaborative working in an increasingly digital and flexible world is something many of us recognise. However, a global study released today by Avast Business claims this technology is potentially causing a divide in the workplace, with 40 percent of UK respondents concerned that less tech literate employees will be ‘shut out’ unless they embrace the latest chat, collaboration and digital project management tools. More →

Number of firms with wellbeing strategies doubles in three years

Number of firms with wellbeing strategies doubles in three years

The number of UK organisations with wellbeing strategies has increased by 130 percent in the last three years, with over two thirds of  employers saying they now have a formal plan in place to support staff. That is according to the Employee Wellbeing Research Report 2019 (free to members) published by the Employee Rewards and Benefits Association in association with AXA PPP Healthcare. The report claims that 68.4 percent of employers have a dedicated wellbeing strategy, suggesting that wellbeing programmes for staff are now an everyday part of business. More →

Bosses overwhelmingly in favour of flexible working

Bosses overwhelmingly in favour of flexible working

An illustration of a magnet attracting smiling people to work, illustrating conflicting approaches to flexible workingBusinesses that fail to accommodate staff looking to set their own work schedule in some way will struggle to attract and retain talent, claims new research from Vistage. The research suggests that nearly two-thirds (73 percent) of UK CEOs and business leaders believe organisations that fail to offer flexible working to employees will face a struggle to attract talent. More than half (59 percent) of respondents said they’ve already written flexible working options into standard employment contracts. A further 36 percent say it’s either something they’re looking at or would consider in the future. More →

One in four HR teams have no boardroom involvement

One in four HR teams have no boardroom involvement

Many HR departments feel they are being left out of strategic boardroom decisions across the UK, according to research published by Reed HR.  Around one in four HR professionals surveyed  said that their companies did not involve them in key strategic business decisions. In addition, four in five agreed that changing demands for employee benefits has impacted the responsibilities of the HR professional. And, of the 200 HR professionals taking part in the survey, only 10 per cent agreed that technology was having the biggest impact on the industry despite fears about AI replacing jobs. The majority (72 percent) of those asked said Brexit was making an impact on the sector with a quarter (24 percent) saying it was having the most influence. More →