Search Results for: financial

Majority of UK businesses now automating key processes

Majority of UK businesses now automating key processes

by • AI, News, Technology

The UK is making great strides in adopting process automation technologies like robotic process automation (RPA) and process mining, according to new research from digital intelligence company ABBYY. The research report, The State of Process Mining and RPA (registration), claims that 64 percent of UK businesses are already using process mining technologies, with almost 3 in 10 (28 percent) currently using RPA and a further 34 percent intending to start in the next year. This comes as no surprise, since a vast majority believe that process mining (91 percent) and RPA (87 percent) are, or would be, useful to their business. (more…)

Organisations think empowering people is the route to success (but only a few act)

Organisations think empowering people is the route to success (but only a few act)

by • News

Nearly 90 percent of organisations say their success depends on empowering frontline employees to make decisions in real, but only 7 percent offer people the tools they need, according to a new report from  Harvard Business Review Analytic Services, sponsored by ThoughtSpot. The report, The New Decision Makers: Equipping Frontline Workers For Success, analyses the sentiments of 464 business executives from 16 industry sectors in North America, Europe and Asia Pacific.  Only one-fifth of organisations say they currently have a truly empowered and digitally equipped workforce while 86 percent agree their frontline workers need better technology and more insight to be able to make good decisions in the moment. (more…)

Immunity certificates could lead to a two-tier workplace

Immunity certificates could lead to a two-tier workplace

by • News

Proposed “immunity certificates” allowing individuals to move freely in society could lead to discrimination, claims Edgar Whitley, Associate Professor from London School of Economics’ Department of Management, and other contributing experts in a new report. (more…)

We should be addressing the why of the return to work as much as the how

We should be addressing the why of the return to work as much as the how

by • Comment

As we anticipate a return to relative normality post lockdown (whenever that may be), workplace strategy is a hot topic. In considering how we respond to new challenges let’s make sure we keep sight of the big picture. We need to address immediate issues whilst exploiting new opportunities to reinforce and expedite our established strategic direction. Choice and flexibility are central to the wider business reform agenda and should remain our touchstones. (more…)

Four in ten fathers cannot afford to take shared parental leave

Four in ten fathers cannot afford to take shared parental leave

by • News

New research commissioned by PowWowNow claims that four in ten fathers cannot afford to take Shared Parental Leave (SPL), suggesting there is a need for policy change to ensure it does not compromise families financially for a father to be equally involved in parenting. (more…)

An optimistic take on the future of work

An optimistic take on the future of work

by • Comment, Flexible working, Technology, Wellbeing, Workplace design

Setting aside the drastic personal tragedies, the financial devastation and the strain the virus has placed on government infrastructure, business, finance, and healthcare systems worldwide, the coronavirus has been able to achieve what legions of workplace strategists and change managers have been unable to do: encourage middle managers to give remote working a try. (more…)

Half of self-employed fear they cannot cover basic living costs

Half of self-employed fear they cannot cover basic living costs

by • News

self-employedNew research by IPSE (the Association of Independent Professionals and the Self-Employed) claims that almost half (45 percent) of the self-employed fear they will not have enough money to cover basic costs like rent and bills during the Coronavirus crisis, despite the government support on offer. Overall, two thirds (66 percent) also say they are worried they will burn through all their savings in the next three months. (more…)

Sleeping habits improve under lockdown, but conspiracy theories abound

Sleeping habits improve under lockdown, but conspiracy theories abound

by • News, Wellbeing

One of the surprising consequences of the current lockdown for many people is that they are sleeping more soundly. A new study claims that nearly two thirds of people are getting the same amount or more sleep than they were before the UK went into lockdown on March 23rd. However the report also uncovered some troubling attitudes amongst groups of people, even though the majority are informed and behaving as advised. (more…)

Working from home creates significant physical and mental challenges

Working from home creates significant physical and mental challenges

by • Flexible working, News, Wellbeing

flexible workingThe Institute for Employment Studies (IES) has published a series of interim findings from the first COVID-19 homeworker wellbeing study, looking at how working from home for an extended period is affecting the UK workforce. These initial findings depict a worrying snapshot of the declining mental and physical health of many homeworkers. (more…)

People lose half an hour a week to poor acoustics

People lose half an hour a week to poor acoustics

by • News, Technology, Workplace design

According to new research by market researchers IPSOS and EPOS, 95 percent of audio end-users and decision makers experience problems relating to sound that affect their concentration or efficiency at work. Common complaints include being disturbed by loud colleagues (50 percent), overall noise levels in working environments (48 percent) and interruptions from colleagues (46 percent). (more…)

Two thirds of SMEs confident of prospects after restructuring

Two thirds of SMEs confident of prospects after restructuring

by • News

Nearly two thirds (62 percent) of UK small business owners remain confident about their business prospects despite the coronavirus crisis, according to a study from Bionic. The government’s response to the pandemic has forced many SMEs, particularly in the retail, hospitality and leisure space, to close their doors to customers. Responding to the lockdown, 78 percent of small businesses have pivoted the way their business operates to continue trading through the crisis.

(more…)

Third of workforce expect role to vanish within three years

Third of workforce expect role to vanish within three years

by • News, Working lives

WorkforceA new study by Mercer claims the COVID-19 pandemic and subsequent uncertainty are accelerating changes in the way organisations around the world are working and will continue to work into the future. Particularly in challenging times, employers are focusing on their workforce, specifically fostering healthy lifestyles, supporting financial wellness and providing skills and training as careers change due to AI and technology developments. (more…)

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