Search Results for: change

The opportunities and challenges of new technologies for AML

The opportunities and challenges of new technologies for AML

AMLBack in 2021 the Financial Action Task Force (FATF) put out a paper on the opportunities and challenges that new technologies are bringing to Anti-Money Laundering (AML) and counter-terrorist financing (CTF) efforts. If you are unaware of who the FATF is it may be worth your while to investigate farther into it. For now, though, let it be known that they are an independent inter-governmental body that defines the rules and procedures that need to be in place to prevent these two criminal activities. (more…)

Skills crisis intensifies as demand for white collar jobs outstrips supply

Skills crisis intensifies as demand for white collar jobs outstrips supply

skills crisisDemand for people to fill permanent and contracted white-collar jobs while the UK continues to battle a skills crisis. That’s according to the latest Recruitment Trends Snapshot report from The Association of Professional Staffing Companies (APSCo). The data provided by Bullhorn, claims that demand for contractors was also up year-on-year, increasing 38 percent. Month-on-month figures also showed a spike in jobs, with permanent and contract vacancies increasing 104 percent and 78 percent between December and January, which can be attributed to a bounce back following a seasonal lull. (more…)

The Great Resignation will cast a long spell

The Great Resignation will cast a long spell

the spell of the great resignationThe writer Alan Moore believes in magic. Not hocus-pocus magic, double double toil and trouble, but in the power of words and art to change reality and bring things into existence. It’s a compelling idea, one that Moore shares with Picasso amongst others, and the evidence for it in its metaphorical sense is all around. (more…)

New RICS framework aims to “put people at heart of commercial property”

New RICS framework aims to “put people at heart of commercial property”

commercial property and peopleA new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. (more…)

Costa Coffee opts for My Work Booth to offer mobile workers a bookable quiet space

Costa Coffee opts for My Work Booth to offer mobile workers a bookable quiet space

costa coffeeMy Work Booth has collaborated with Costa Coffee to fulfil the need of mobile workers for confidential meeting spaces in public areas. The pilot scheme sees the introduction of the four Framery Pods into Costa locations in London and Manchester, providing a sound proofed environment for concentrated working and confidential meetings/calls bookable via the My Work Booth app. (more…)

Wellbeing strategies often fail to align with business objectives

Wellbeing strategies often fail to align with business objectives

wellbeingEmployers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. (more…)

The metaverse will shape the future of work. Here’s how

The metaverse will shape the future of work. Here’s how

future of work and the metaverseAlthough the term ‘metaverse’ was coined in 1992 by science fiction novelist Neal Stephenson, it has only just entered the mainstream lexicon after Facebook changed its name to Meta to reflect its strategic focus on making this sci fi vision a reality. Given that there is no singular definition of what a metaverse is, and there will be many competing metaverses transforming our experience of social media, electronic commerce and how we collaborate and transact online, it is important that leaders start to understand the profound ways in which this new technological paradigm is set to radically impact on the future of work. (more…)

The office sector needs to develop better arguments for its products

The office sector needs to develop better arguments for its products

the office sector needs better argumentsThe distillation of every received and laundered idea of the past two years leads us here. A claim from Gallup that in future just over a third of the desks in offices will be empty. Whatever Gallup thinks, this is great news for the office sector. One of the truths the office sector hasn’t always liked to talk about too much over the last few decades is that in a typical office over that period, around half of the desks have already been empty. (more…)

New business climate demands agility from managers, report claims

New business climate demands agility from managers, report claims

new business climate demands agilityA new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate.  According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum.  (more…)

Net zero climate pledges of major companies hide their true intentions

Net zero climate pledges of major companies hide their true intentions

net zero climate pledge failThe headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. (more…)

Want people to return to the office? Then create the best office in the world

Want people to return to the office? Then create the best office in the world

best office in the worldMore obituaries have been written for the office in the past two years than at any time in history. It has often seemed like even the best office in the world couldn’t preserve the idea of the office. And it’s not like the obituaries were all that rare even before the pandemic forced us to reappraise our relationship with work and the times and places we do it. While all these death notices were being served, one particularly well-informed organisation was making some more interesting observations about it all. In particular, it constantly raised the most fundamental question of all. (more…)

Poor workplace culture means people are more likely to pull a sickie

Poor workplace culture means people are more likely to pull a sickie

poor workplace culture increases sickie daysA new report from O.C. Tanner calls into question the validity of ‘National Sickie Day’ (7 February 2022), instead pointing to poor workplace culture as the root cause of over a quarter of absences. The 2022 Global Culture Report claims that 28 per cent of UK workers have taken more days off lately to avoid work with over a quarter (26 per cent) admitting that they dread going into work. The study of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K suggests that the pandemic has caused social connections to break down, and this has led to more mental health challenges with lonely and disengaged workers looking for ways to avoid work. (more…)