Search Results for: change

February 6, 2018

HR teams are not sufficiently prepared to meet the fourth industrial revolution

by Sara Bean • News, Technology, Workplace

Most people who work in HR now recognise how essential technology is for delivering more strategic value to their organisation, but a new report suggests that HR teams are not prepared to meet the fourth industrial revolution. A survey from ADP and IDC across eight countries in Europe found that over a fifth (22 percent) of Human Capital Management (HCM) processes are still inputted manually. Equally alarming, was the lack of communication between HR teams and IT departments, with 28 percent of respondents claiming that IT is only somewhat involved in HCM solution decisions, and 3 percent claiming it plays no role at all. Yet despite a significant number of respondents revealing that IT departments are not closely aligned with HR, the research pointed towards a shift in the attitudes of HR experts. When asked which new technologies they find increasingly important, 68 percent said end-to-end integration of all HR and talent systems and 64 percent said HR dashboard and analytics were very or extremely important. What’s more, 56 percent said social or collaborative features were also very important.

January 31, 2018

Creators of the Edge in Amsterdam to develop new generation of Smart buildings

by Sara Bean • Architecture, Facilities management, News, Property, Technology, Wellbeing, Workplace design

The creative team behind the development of the world’s most sustainable building – The Edge in Amsterdam – has announced the launch of a real estate technology company. EDGE Technologies, launched by OVG Real Estate CEO Coen van Oostrom will focus on creating a new generation of buildings which feature the latest innovations in sustainability and wellbeing. Whereas parent company OVG is focussed exclusively on the development of its existing portfolio, EDGE Technologies will focus on both the development and the long-term operations of this new generation of buildings, aiming for a cohesive experience across cities. Each EDGE building will be built and operated on the same technology platform and offer consistent user-centred design, created to serve the needs of today’s fast-changing and demanding workforce. To help achieve this the new company is launching a product that will capture and aggregate data across its properties in order to optimize, measure and inform both the user experience and the building’s environmental performance. More →

January 30, 2018

Public sector procurement must foster digital innovation and growth says report

by Sara Bean • Facilities management, News, Public Sector, Technology

If the Government is to deliver its plans of driving digital transformation to improve the UK’s public services it must make a step change in procurement within central government and the wider public sector. That is one of the main findings of Procuring the Smarter State: key steps to promote innovation and growth in the public sector, published today by techUK. The Government spent more than £12.2bn with SMEs in 2015/16 and thousands more tech SMEs have signed up to sell their services to Government in the last year through agreements like G-Cloud and Digital Outcomes and Services. But the Government needs to do more if it is to reach its aspiration of spending one pound in every three with SMEs by 2022. This new report sets out how procurement can act as a tool for Government to deliver its vision for the future of public services and use public sector procurement to help foster innovation in the supplier community.

January 30, 2018

The patchy outcomes of automation could compound Britain’s North/South divide

by Mark Eltringham • Cities, News, Technology

The patchy effects of automation and artificial intelligence could compound the economic differences between the UK’s cities, according to a new report from the Centre for Cities. It concludes that while automation will boost jobs in British cities over the coming decades, it will also deepen economic and political divisions across the country, with Northern and Midlands cities more exposed to job losses than cities in the South. The report claims that 1 in 5 existing jobs in British cities are likely to be displaced by 2030 as a result of automation and globalisation – amounting to 3.6 million jobs in total – with retail occupations, customer service roles and warehouse jobs among those most at threat. Significantly, however, this risk is not spread evenly across the country, with struggling cities in the North and Midlands more exposed to job losses than wealthier cities in the South. Around 18 percent of jobs are under threat in Southern cities, compared to 23 percent in cities elsewhere in the country.

January 29, 2018

New RSA report highlights increasingly precarious and diverse nature of work

by Mark Eltringham • Flexible working, News, Technology, Workplace

Britain is dividing into seven new classes of worker as the gig economy grows, according to think-tank the RSA (the Royal Society for the encouragement of Arts, Manufactures and Commerce). Striving, Thriving or Just About Surviving has been published to coincide with the launch of the RSA’s Future Work Centre, following RSA chief executive Matthew Taylor’s employment review for Theresa May last year. The report warns of a 30:40:30 society: while around 30 percent live comfortably, economic insecurity is “the new normal” with 40 percent just managing and a bottom 30 percent not managing to get by.

January 25, 2018

Gender discrimination is rife across the workplace says management body

by Sara Bean • Flexible working, Legal news, News, Workplace

Gender discrimination is rife across the workplace says management body

More than four in five (85 percent) of women and 80 percent of men report that they have witnessed gender-discriminatory acts at work suggests the results of new research by the Chartered Management Institute. The CMI’s latest report ‘A Blueprint for Balance: time to fix the broken windows’ looks into gender diversity best practices, and found patchy results. Despite some leading exemplars, the majority of organisations are still struggling to make a meaningful difference to achieving a gender balanced workplace. According to the report’s survey of 856 managers, just one in four (25 percent) say that their peers and senior leaders ‘actively and visibly champion gender initiatives’. The lack of action cascades down the ranks, with only 19 percent of junior and middle managers believing their senior leaders are committed to the target of gender balance in their organisations. This is in spite of a recent study by management consultants McKinsey that found globally the most gender diverse businesses are 21 percent more likely to financially over-perform than their peers.

January 24, 2018

Business in the community aims to improve the quality of work for lowest-paid staff

by Sara Bean • News, Wellbeing, Workplace

Financial concerns are increasingly affecting the performance of workers across the UK, with one in eight UK workers (3.7 million) now living in poverty. According to the Money and Mental Health Policy Institute, a quarter of the UK workforce are, to some extent, experiencing financial insecurity. One in five employees (21 percent) report that they are just about managing financially, while a further 5 percent say they are finding things difficult. Aside from the undue stress this causes families, this can also have significant repercussions for employers, in terms of recruitment, retention and productivity. This has prompted Business in the Community, (BITC) with support from the Joseph Rowntree Foundation, to make the case for all employers to improve the quality of work for their lowest-paid staff. Its new campaign, Good Work for All draws on best practice from forward-thinking organisations including Starbucks, Royal Mail and Sodexo, and over a third of BITC members have reported taking company-wide action on low-paid work with successful outcomes.

January 24, 2018

Majority of global business leaders believe world economy will grow this year

by Sara Bean • News, Workplace

Well over half (fifty seven percent) of business leaders say they believe global economic growth will improve in the next 12 months – almost twice (29 percent) the level of results from the annual survey carried out by PwC . Launched at the World Economic Forum Annual Meeting in Davos, the survey found that optimism in the economy is feeding into CEOs’ confidence about their own companies’ outlook. As 42 percent of CEOs said they are “very confident” in their own organisation’s growth prospects over the next 12 months, up from 38 percent last year. Looking at the results by country though, it’s a mixed bag. In the UK, with Brexit negotiations only recently reaching a significant milestone, business leaders’ drop in short-term confidence is unsurprising (2018: 34 percent vs. 2017: 41 percent). The survey also found that CEOs are determined to find the right talent needed to reap the benefits of the digital disruption, with investments in modern working environments and the establishment of learning and development programmes to help attract and develop digital talent.

January 23, 2018

Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

by Mark Eltringham • AI, News, Workplace

The global economy faces a reskilling crisis with 1.4 million jobs in the US alone vulnerable to disruption from technology and other factors by 2026, according to a new report, Towards a Reskilling Revolution: A Future of Jobs for All, published by the World Economic Forum. The report is an analysis of nearly 1,000 job types across the US economy, encompassing 96 percent of employment in the country. Its aim is to assess the scale of the reskilling task required to protect workforces from an expected wave of automation brought on by the ‘Fourth Industrial Revolution’. Drawing on this data for the US economy, the report finds that 57 percent of jobs expected to be disrupted belong to women. If called on today to move to another job with skills that match their own, 16 percent of workers would have no opportunities to transition and another 25 percent would have only between one and three matches.

January 23, 2018

UK in 8th place for global talent competitiveness but gender equality lags behind

by Sara Bean • Cities, Legal news, News, Workplace

The UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. According to the Global Talent Competitiveness Index GTCI) produced by the Adecco Group, with international business school INSEAD and Tata Communications, the UK has a particularly strong pool of global knowledge skills, a variable for which it is ranked third in the index boosted further by its strong regulatory, market and business landscape. But this is undermined by its internal openness, where it still lags behind, especially when it comes to gender equality. The report also suggests that although Article 50 was triggered in 2017, the ongoing negotiations and continuing lack of clarity over the UK’s position once it leaves the European Union in 2019, means the impact of Brexit is not yet clear.

January 22, 2018

Global business leaders feel more optimistic about the world economy

by Sara Bean • News, Workplace

Attracting and retaining talent is the biggest concern for CEOs going into 2018, but they’re feeling generally more optimistic about the global economy, claims a new report by The Conference Board, the C-Suite Challenge 2018 . A mood amongst senior managers to create organisational cultures that are inclusive, engaged, high-performance, customer-focused, and resilient is prevalent throughout the responses to this year’s survey. The desire for a “culture of innovation” ranks as the number-one innovation strategy in every region (Asia is the one exception, where it is third), every industry, every size company, and among CEOs and C-Suite executives alike. The impact of the New Digital Economy is clearly being felt in the daily processes and practices of organisations, and through the emergence of new competitors from every part of the globe. In Europe’s the c-suite remains worried about the impact of – which is unchanged from last year when it was the 8^th biggest concern. More →

January 19, 2018

Working families at breaking point as parents buckle under the strain of overwork, claims study

by Neil Franklin • Flexible working, News, Workplace

The UK’s working parents are struggling to cope with the strain of overwork – and deliberately stalling and downshifting their careers to reverse the negative impact it is having on family life, according to a new study. The 2018 Modern Families Index, published today by work life charity Working Families and Bright Horizons, reveals the stress of the modern workplace is pushing parents to breaking point, creating a ‘parenthood penalty’. According to the study, many parents are obliged to work far over their contracted hours due to increasingly intense workloads or because they feel it is expected of them.