Search Results for: digital transformation

Lack of digital adoption is the greatest social challenge we face, claims new report

Lack of digital adoption is the greatest social challenge we face, claims new report 0

More than 50 percent of organisations claim existing processes are preventing digital adoption, claims a new report from Agilisys, a tech firm focussed on projects in the public sector.  The ‘State of the Digital Nation’ draws on findings from a survey of over 400 individuals from private and public sector organisations, who shared the progress they are making on their ‘digital transformation journeys’. The report, based on the key findings of a survey conducted by online publication Digital by Default News, considers the role of digital inclusion in the adoption of digital public services. The survey revealed that 40 percent of respondents had a clear digital vision and were already well on their way to realising the benefits. The majority (65 percent) of those surveyed considered digital one of their top organisational priorities.

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Majority of employees do not think their company culture is embracing the digital age

Majority of employees do not think their company culture is embracing the digital age 0

Majority of employees don’t think their company’s culture is meeting the digital ageA majority of employees (62 percent) believe their company culture is one of the biggest hurdles in the journey to becoming a digital organisation, and this is putting companies at risk in falling behind competition in today’s digital environment claims a new report. The Digital Culture Challenge: Closing the Employee-Leadership Gap published by Capgemini, and Brian Solis, a prominent digital analyst and world renowned author, uncovers a significant perception gap between the senior leadership and employees on the existence of a digital culture within organisations. While 40 percent of senior-level executives believe their firms have a digital culture, only 27 percent of the employees surveyed agreed with this statement. The survey asked respondents to assess their companies’ digital culture based on seven attributes: their collaboration practices, innovation, open culture, digital-first mindset, agility and flexibility, ‘customer centricity’ and a data-driven culture. Insights gathered from the report, and through a series of focus interviews, helped to identify some of the reasons behind this digital culture gap including senior leaders failing to communicate a clear digital vision to the company, the absence of digital role models and a lack of KPIs aligned to digital transformation goals.

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Number of CEOs with technical background grows to meet demands of digital economy

Number of CEOs with technical background grows to meet demands of digital economy 0

Growth of the digital economy

The number of CEOs from a financial background is falling as firms put more sway into technology skills, a new report claims. The annual Robert Half FTSE 100 CEO Tracker shows that in the last four years the number of CEOs with a technology background trebled as businesses prepare to compete in an increasingly digital economy. In 2014, only three CEOs had a background in technology while today this number has increased to 11. There is a also a generational shift occurring in the FTSE 100, with just eight CEOs under the age of 50 on the FTSE 100, a quarter less than in 2010 when there were 33 CEOs under the age of 50. The typical age of a CEO is 55 years old and the average tenure is five years and two months. While a majority of CEOs still have a background in finance, this figure has fallen to 43 percent from 55 percent last year and the lowest level in three years. Of those CEOs with a financial background, nearly half (19 percent) are Chartered Accountants.

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Global workforce fears it won’t adapt fast enough to the digital workplace

Global workforce fears it won’t adapt fast enough to the digital workplace 0

Workers across the globe are excited by the potential for technology to enhance their work lives and create new career opportunities, but over a third (40 percent) fear that they won’t be able to keep up with the rate of change required by digital business, claims a new survey. Across Europe 77 percent of workers acknowledge that disruption and increased competition will require more people with digital skills in order to compete on a global scale; however, the level of encouragement employees believe they are currently receiving to drive change in the workplace varies greatly throughout the world. Only 64 percent of respondents in the US saying they feel empowered by their company culture to lead innovation, whereas 90 percent of employees in Mexico feel their workplaces encourages them to drive change. The BMC study of over 3,200 office workers in 12 countries worldwide found that 88 percent of office workers across the world strongly believe that employers must create an innovative culture to retain staff and enable them to be successful with increasingly digital roles and responsibilities.

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Just one percent of UK firms are ready for the digital economy

Just one percent of UK firms are ready for the digital economy 0

tortoise-and-hareA new study by Oxford Economics and SAP claims that just one in every 100 organisations in the UK is capitalising on the digital economy, significantly fewer than in comparable European countries such as Germany where the figure is more than 2 in 5 and Spain (22 percent). According to the study, the benefits of digital readiness include greater workforce diversity. The ‘digital winners’ defined by the report have higher female representation at mid-management level level and slightly more women overall. Four in ten of the study’s digital winners globally reported effective diversity programmes, compared to 36 percent of all companies in France, 33 percent in Russia, 30 percent in the UK and 23 percent in Spain.

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UK Government opens consultation on its new national digital strategy

UK Government opens consultation on its new national digital strategy 0

s300_digital-economy-640x4001Digital Economy Minister Ed Vaizey has called on members of the public and industry to share their ideas on how the UK’s digital revolution can be taken to the next stage. The announcement of the consultation follows what the Government claims was a successful first stage of its strategy with the creation of digital clusters in East London, centred on Tech City. Five years on, the Government claims that  the UK is now truly a ‘Tech Nation’ with more than 70 per cent of digital businesses now based outside of the capital. According to Vaizey, “this revolution has been led by entrepreneurs but supported by Government in creating the right environment for ideas and businesses to flourish. Government is now looking at a new Digital Strategy for the UK for the next five years. It wants the UK to be synonymous with digital – a place where digital technologies transform day-to-day life, the economy and government.”

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Death of the office + Gen Z at work + Transformational management

Death of the office + Gen Z at work + Transformational management 0

Insight_twitter_logo_2In this week’s issue; Mark Eltringham on why the facts don’t support the myth that the office is dying; and what Anaïs Nin can teach us about the way we design and use workplaces. The CIPD issues a new set of case studies that demonstrate the important role of HR in aiding transformational change; the BSIA explains why Generation Z is the first tribe of true digital natives; and human error is still the leading cause of data loss for UK organisations.  More Americans than ever choose to work from home, but homeworking Brits are growing increasingly disconnected from their colleagues. And evidence that a caring and supportive boss is the missing link between employee engagement and mental health. Visit our new events page, subscribe for free quarterly issues of Work&Place and weekly news here. And follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Workers of all ages want employers that commit to digital progress

Workers of all ages want employers that commit to digital progress

Workers of all generations demand more digital savvy employersEmployees across all age groups want to work for businesses committed to digital progress, and companies that are slow to embrace digital technology will not thrive and are more likely to lose talent, according to a new global report. Strategy, Not Technology, Drives Digital Transformation from MIT Sloan Management Review and Deloitte Digital is based on findings from the fourth annual global survey of more than 4,800 business executives across 27 industries and 129 countries. It suggests the ability to digitally transform and reimagine a business is determined in large part by establishing a clear digital strategy, supported by leaders who foster a culture that can change and reinvent their organizations. People want to work for digitally maturing organizations, with nearly 80 percent of respondents preferring to work for a digitally enabled company or digital leader. This sentiment crossed all age groups nearly equally, from 22 to 60.

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Case Study: AutoTrader motors into its new Manchester digital playground

_MG_0491smEven in the context of a rapidly declining print market, the decision to end AutoTrader’s 37-year history as a printed magazine was not an easy one to take. At its height, Auto Trader had a circulation of 368,000, but in June 2013 the final printed copy rolled off the presses and the business began its new incarnation as a purely digital platform. Of course, this transformation was a long time in the making and had actually begun ten years earlier.  By the time the print room lights went out, all of Auto Trader’s revenues had not only migrated online, but experienced significant growth too. It is Auto Trader’s growth during this process of transformation that is considered so unique in the publishing world and is proof that the business’ aspiration to be at the forefront of the digital marketplace is not just a wide-eyed intention. The website boasts 11.5million unique users, carrying out more than 140 million searches across mobile, table and desktop devices and the business is set to launch an extensive TV advertising campaign on boxing day.

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Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres have always been a slight anomaly in the Built Environment sector, part property and part critical infrastructure (talking in wattage rather than square footage for example), lacking aesthetic appeal and they are not significant employers, they are often considered a necessary evil to support our hyper-communicative lifestylesThe Data Centre Congress which took place from June 1st to 4th in Cannes is to data centres what mipim is to the more traditional markets in property, a place where the good and the great – from investors and operators, to the engineers and power providers, gather to network and contemplate the challenges and the future of the sector. In Q1 last year there was a slight chill through the sector after Microsoft halted data centre plans across the US and Europe to the tune of 2GW, citing caution around the overexpansion of AI and uncertainty around tariffs. What seemed like bombshell news at the time, felt like a mere blip and a distant memory at the 2026 edition and this juggernaut of activity is showing zero signs of slowing, a market that is currently worth over $300 billion is set to rise to $699.13 billion by 2034. (more…)

People value autonomy and flexibility more than workplace technology

People value autonomy and flexibility more than workplace technology

People place greater value on autonomy and flexibility at work than on access to better workplace technology, according to new researchPeople place greater value on autonomy and flexibility at work than on access to better workplace technology, according to new research that suggests organisations may need to rethink how they approach workplace transformation projects. The survey found that a third of respondents (33 percent) identified autonomy as the most important element of a well-designed employee experience, while 30 percent cited flexibility. By comparison, 21 percent said improved digital tools were the most important factor and only 15 percent pointed to leadership that listens. The findings come at a time when organisations continue to invest heavily in artificial intelligence, automation and digital workplace programmes in an effort to improve productivity, engagement and performance. (more…)

New book explores the emotional side of organisational change

New book explores the emotional side of organisational change

Leadership consultant and change specialist Jennifer Bryan has launched a new book examining the often-overlooked emotional dimension of organisational change. The Emotional Side of Organizational Change: How to Survive and Thrive focuses on how leaders can better support people through uncertainty, transformation and disruption by placing human emotion at the centre of change strategies. (more…)