Search Results for: education

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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Worldwide BIM market to reach US$11.54 billion by 2022, claims report

Worldwide BIM market to reach US$11.54 billion by 2022, claims report 0

BIMAccording to a new market report published by Transparency Market Research Building Information Modelling (BIM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2022, the global BIM market was worth US$2.76 bn in 2014 and is expected to reach US$11.54 bn by 2022, expanding at a CAGR of 19.1 percent from 2015 to 2022. North America was the largest market for BIM in 2014. Growth in this region is expected to be driven by increases in construction activities and the penetration of cloud-based services for BIM software. BIM is a tool used to visualize the design of buildings in 3D. BIM also helps in attaining estimates of various other factors, such as cost implementation, time requirement, labour requirement, raw material provision, and other key prerequisites in the construction industry. Management of the entire construction lifecycle can be simulated by BIM.

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Focus on women on boards masks other determinants of female leadership

Focus on women on boards masks other determinants of female leadership 0

women-on-boards-blog-bannerHigh profile initiatives such as Lord Davies’ report are doing their bit to increase gender composition, but according to the latest research, based on current “business as usual” trends, women are unlikely to comprise 30 percent of directorships in publicly held companies until 2027. This is despite the fact that the latest research of companies in the MSCI World Index with strong female leadership generated a Return on Equity of 10.1 percent per year versus 7.4 percent for those without. Although a direct causal link between women directors and better outcomes has yet to be established, many institutional investors are increasingly focused on the gender composition of company boards. Some studies show significant outperformance by companies with women on boards, though no one can show a direct link between the two. Focusing exclusively on the make-up of boards however, can mask other important dimensions of female leadership.

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Australia needs to do more to tackle the problems of mental health at work

Australia needs to do more to tackle the problems of mental health at work 0

Mental health and workOne in five Australians suffer from a mental health  disorder and employers need to do more to tackle the related issues. That is the central claim made in a new OECD report called Mental Health and Work: Australia. The study claims that mental health issues cost the Australian economy AUD 28.6 billion per year, equivalent to 2.2 percent of GDP. Adding indirect costs, such as productivity loss or sickness absence, nearly doubles that amount. The report is the ninth in a series of reports looking at how education, health, social and labour market policy challenges identified in a 2012 report called Sick on the Job? Myths and Realities about Mental Health and Work are being tackled in OECD countries. The report suggest that while Australia’s recent mental health reform is an important and helpful development, the country ‘needs to do more to help people with mild to moderate mental health issues at and into work’.

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Generation Z imagines its future workplace design, pods and all

Generation Z imagines its future workplace design, pods and all 0

Research by Leesman Index (among others) shows how the design of learning environments influences a student’s choice of university. This thinking now also applies to offices, with the commercial office design sector creating the kind of facilities available on the modern university campus. A new workshop organised by furniture brand HÅG has discovered how Generation Z imagines its future workplace. For example, in the same way that a college library offers collaborative and silent spaces; the young people in the workshop didn’t share the current trend of shared workspaces but wanted a mix of collaborative areas combined with isolated working pods that they could customise for their own requirements and mood. However, Gen Z goes further than ever, in blurring the boundaries between home and work, with a great deal more emphasis on wellbeing and areas to relax compared to previous generations.

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Lack of talent will hold back any investment in infrastructure and building

Lack of talent will hold back any investment in infrastructure and building 0

talent shortageWhen faced with inconvenient facts, there is always a temptation to just ignore them. It’s a temptation to which the big thinkers of the political class readily succumb, especially when they’re selling an idea. So it was with George Osborne’s Autumn Statement, which maintained the Chancellor’s commitment to using public sector spending on infrastructure to boost the economy. This intriguingly Keynesian way of thinking seems pretty seamless, especially while the memory endures of what happens when you use credit to grow the economy. But it rests on the assumption that there is a limitless supply of the right people to build things in the first place. The flaws in this way of thinking are already becoming evident with HS2, a project that continues to drain talent away from the rail network’s already disastrous investment programme. A growing number of voices are raised to point them out on other issues too.

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Women earn less than men because they make different choices, report confirms

Women earn less than men because they make different choices, report confirms 0

Tilting at windmills-page-001In spite of its own attempts to link it to the gender pay gap a new report, Opportunities and outcomes in education and work: Gender effects, released yesterday by the UK Commission for Employment and Skills (UKCES), merely confirms that the key factors that determine how much people earn are the jobs they do and the hours they work. The report shows that male workers are paid on average 19 percent more than female workers. However, a report this year from the ONS confirmed that women now earn slightly more than men in like for like jobs up to the age of 35 and the UKCES report shows that it is career and personal choices that explain the gap in incomes across the whole economy. This confirms that the keys to closing the overall pay gap are for women to enter higher paying fields such as STEM and construction as well as employers offering flexible working arrangements and greater support for parents in their careers.

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Employers get flexible as retirement age for baby boomers draws closer

Employers get flexible as retirement age for baby boomers draws closer 0

RetireNearly three quarters (74 percent) of finance directors are concerned that the skills gap resulting from widespread retirement of baby boomers will have a negative impact on their organisation over the next two years and an even higher proportion (77 percent) say that the departure of older workers will have a negative impact over the next five years. The new research from Robert Half UK reveals that UK employers are anticipating a significant skills gap when baby boomers retire over the next two to five years and are already taking steps to mitigate the risk.  Baby boomers represent a bulge in the workforce that will soon be at retirement age so not only will employers need to consider the impact of the skills shortage that this mass-departure will create, but they will also have to accommodate different demands and expectations from younger Generation X and Y workers coming to replace them.

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Last chance to book next week’s Worktech London at a discounted rate

Last chance to book next week’s Worktech London at a discounted rate 0

Canary-Wharf_1-300x199In just over a week’s time, Worktech, the international conference series on the future of work, workplace and technology will return to Level 39 – Europe’s largest technology accelerator space. The event will bring together over 350 of the biggest and brightest names to debate, discuss and divulge the latest thinking on the future of work. Companies booked to attend include ANZ, AON, Allen & Overy, Arup, Barclays, Cabinet Office, Catlin, Central Working, Cisco, Deloitte, Deutsche Bank, Diageo, Discovery, Ebay, EE, Ernst & Young, GlaxoSmithKline, Goldman Sachs, IKEA, ITV, International Group for Environment and Development, Kings College London, Lenovo, McKinsey, Microsoft, National Grid, Royal Bank of Scotland, Schroders, Sonos, UBS, Vasakronan and Vodafone. Worktech15 takes place on 17th and 18th November and Insight readers can enjoy discounted tickets.

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Working parents suffer in silence, as managers kept in the dark

Working parents suffer in silence, as managers kept in the dark 0

Managers left in the darkA new US study of working parents and their managers has found that the combination of work and family responsibilities is causing parents anxiety and depression and keeping them from doing their best at work. The study, the second annual Modern Family Index commissioned by Bright Horizons Family Solutions explored the challenges working parents have in managing their work and family responsibilities and the impact these challenges have on employers. It found that working mothers and fathers feel it’s extremely important to work for a company that supports the needs of working parents (62 percent) and has a culture that addresses their family responsibilities (53 percent). However, there is a growing disconnect between managers and employees about how working parents are feeling. This may be attributed to the fact that even in 2015, most are reluctant to share their concerns with their employers.

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John Fogarty reflects on a career in office furniture spanning five decades

John Fogarty reflects on a career in office furniture spanning five decades 0

Office workI was lucky to enter the office furniture industry in 1971, at the beginning of a decade shaped by the explosive advent of new office technology. What had gone before would not have looked that different to anyone who’d worked a corporate office in the 1890s: serried ranks of desks occupied by clerical staff bashing away on manual typewriters and comptometers (calculating machines). Although electric typewriters had been around for most of the century, decades of global conflict had constrained their development. The first major advance came with the launch of the IBM Selectric golf-ball in 1961. Although a beautiful object – I recall this being the first item associated in my mind with the term ‘product design’ by a named designer (Eliot Noyes) – it remained expensive and rare until the price reductions driven by the multi-licensing in 1972 of the Diablo daisy-wheel print head.

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Considerable minority of working women report gender discrimination

Considerable minority of working women report gender discrimination 0

Female equalityWhether the new Shadow Cabinet is or isn’t representative of women (there are no women in senior roles on the Labour front bench, but half of the total posts went to women) was a major talking point about the new Labour Party line-up yesterday. Meanwhile, on the other side of the Atlantic, despite numerous policy and cultural efforts in recent decades to break corporate glass ceilings, integrate women in traditionally male-dominated fields and shine a spotlight on pay equity and advancement, a considerable minority of working women report feeling they have been discriminated against at some point in their career. Gallup’s Work and Education survey found 17 percent of working women believed they had been denied a raise at work because of their gender and 12 percent of women say they have been passed over for a promotion or other opportunity because of their gender at some point in their life.

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