Search Results for: employee

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   More →

Cultivating a culture of personal development can supercharge performance

Cultivating a culture of personal development can supercharge performance

We all want success. You started a business because you had a dream. Maybe you wanted to change the world. Maybe you wanted to fulfil a childhood ambition. Or maybe you just want to make parents proud. Whatever that reason may be, you started a venture that was, yes, risky and scary at times. But a safe journey wasn’t an option anyway, we know. To achieve the fulfilment of the dream though, you need a team with you. You need to surround yourself with the best people in the field. You need people who know more than you, are better than you. Because in today’s world, competition is fiercer. You are not anymore competing against locals. The game has become global. It has, therefore, become necessary to never stop innovating.

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Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOsThe rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.

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Businesses may be blowing billions on unused office space

Businesses may be blowing billions on unused office space

Big businesses in England and Wales are squandering £10 billion a year on under-used office space, a new study claims. The report by flexible workplace specialist Abintra draws together data from its work with more than 100 corporations worldwide. In London alone, it claims that the cost of office space being under-utilised is more than £4 billion annually with large firms in other regions collectively ‘squandering’ billions more. More →

Lack of skills investment means businesses miss out on benefits of automation

Lack of skills investment means businesses miss out on benefits of automation

A new report from the Capgemini Research Institute claims that, in the majority of companies (58 percent), automation is not yet meeting executives’ desired goals of increased productivity. The study, Upskilling your workforce for the age of the machine: Why a workforce upskilling strategy is key to unleashing automation’s productivity potential reveals that while automation does increase productivity to an extent, the key to reaching its full potential is by appropriate upskilling of the workforce.

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Top global industries leading the way in remote work

Top global industries leading the way in remote work

More business owners are swapping rigid 9-5 schedules and traditional office environments in favour of flexible space and remote work as an option for saving costs, retaining employees and encouraging a healthy work-life balance. With this in mind, Instant Offices has investigated what industries are leading the way for remote working and how to overcome the typical challenges of managing a remote team.

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Business leaders agree that organisations must be digitised to compete

Business leaders agree that organisations must be digitised to compete

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →

Over half of office workers have nowhere but their desk to eat lunch

Over half of UK workers don’t have anywhere to eat lunch in the officeOne in three UK workers don’t have any form of breakout space to get away from their desk and over half (56 percent) of them don’t even have anywhere to eat lunch in their office, new research claims. The survey of  UK office workers carried out by Furniture123.co.uk suggests that as a result of this 34 percent of employees say they resort to eating lunch at their desk, which they feel is having a detrimental effect on morale and productivity. Nearly three quarters (69 percent) of those surveyed felt they worked less productively as a result of not taking a break away from their desk over lunch, and almost half (47 percent) believe they would work more efficiently in the afternoons if they took a full hour for lunch. More →

The workplace world responds to the UK Autumn Budget

The workplace world responds to the UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

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We need to move on from the stigma of mental health to finding solutions

We need to move on from the stigma of mental health to finding solutions

Just as in physical health, everybody has a level of mental health. And while companies have begun to offer corporate gym membership discounts, bowls of fruit around the office, monthly massage and investment in huge amounts of ergonomically supportive furniture to try to assist their colleagues in maintaining a good level of physical health, few seem to be getting to grips with their colleagues’ mental wellbeing, despite the reality that they are dealing with huge numbers of employees who struggle.

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Commercial property uptake shows finance sector remains committed to London

Commercial property uptake shows finance sector remains committed to London

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

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Technical, social and legal challenges to deployment of wearables in buildings

Technical, social and legal challenges to deployment of wearables in buildings

Technical, social and legal challenges to deployment of wearables in buildings

While there is substantial potential for the deployment of wearables there are also significant technical, social and legal challenges. This is the conclusion of the latest white paper from BSRIA, ‘Wearables & wellbeing in buildings – the story so far’ which found little evidence of any practical solutions linking wearables to HVAC or building systems in general that were already in operation, apart from in “niche areas” such as wearable security fobs. A wearable is a device or an item of clothing which can be worn by a human, or possibly be carried as an implant, which has a degree of “intelligence” built into it and can potentially communicate with the Internet of Things (IoT), either directly or indirectly, for example via a Bluetooth connection to a smart phone. More →