Search Results for: future of work

March 9, 2017

Use of mobile technology is key for European businesses in attracting best talent pool ⁰

by Sara Bean • News, Technology, Workplace

If European employers want to attract the best job candidates, they need to utilise the latest mobile technologies to attract the right talent pool, a new report commissioned by the Futurestep division of Korn Ferry, has claimed. In a digital and mobile-first world, where candidates browse potential jobs and apply via mobile devices, just 20 percent of respondents in EMEA use mobile technology tools for recruitment – the lowest usage rates in the global study. In addition, just 45 percent say they use video interviewing, while only 46 percent use online assessment tools. According to Talent Forecast, the second part of a major global survey into recruitment and engagement which polled more than 1,100 hiring professionals this represents a missed opportunity as these can help make the talent acquisition process streamlined and more efficient.

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March 8, 2017

In a crowd of truths, we can discern and reclaim what it means to be human ⁰

by Neil Usher • Comment, Facilities management, Technology, Workplace design

This is the second of two responses to an excellent article by Antony Slumbers, the first being this perspective from my mirrored room, in this instance offering that his views offer a far too presumptive picture of how technology will shape our work future. The paragraph headlines are from Antony’s original article. One person’s optimism is another’s pessimism. A decade ago the dream of liberated commute-free teleworking was, to many, the nightmare of enforced seclusion to the soundtrack of the dishwasher. The deployment of robots for the performance of menial tasks creating time and wealth for leisure is another’s horror at the loss of employment and resultant anomic fragmentation and decay. The fatally pointless optimism of Candide’s Dr Pangloss was agnostic in regard to every such outcome. It was positive only because there could be no alternative, and therefore no better alternative.

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March 8, 2017

Fall in number of senior business roles held by women in the UK ⁰

by Sara Bean • Legal news, News, Workplace

A new report to mark International Women’s Day claims that the proportion of senior business roles held by women in the UK has fallen from 21 percent in 2016 to 19 percent in 2017. The report, based on Grant Thornton’s annual survey of 5,500 businesses in 36 economies, also found that the percentage of businesses in the UK with no women in senior management has also risen from 36 percent in 2016 to 41 percent in 2017. This is still an improvement on other EU countries with a lower proportion of senior roles held by women: Germany (18 percent), UK (19 percent), Greece (20 percent) and Netherlands (20 percent)Globally, the proportion of senior business roles held by women has hit a high of 25 percent. However, the findings suggest that progress is slow, with an increase of only 1 percent compared to 2016. Globally, the proportion of senior business roles held by women increased 1 percent from 2016, but that’s only up 6 percent since start of research 13 years ago, in 2004 (18 percent), showing how little progress has been made over the past decade. The research claims that the countries with the highest proportion of senior roles held by women are Russia (47 percent), Indonesia (46 percent) and Estonia (40 percent). The UK had the fifth lowest proportion of women in senior business roles, with Japan recording the lowest (7 percent) and Argentina second lowest (15 percent). (more…)

March 7, 2017

London businesses bounce back from initial concerns over the Brexit vote ⁰

by Sara Bean • Cities, News, Property

London firms’ optimism has rebounded since a poll taken just after the EU Referendum, according to the latest CBI/CBRE London Business Survey; as its the most recent data reveals that a fifth of companies (19 percent) feel more positive about the economy over the next six months, compared to 4 percent in the last Survey. Firms are also more optimistic about their own businesses over the next half year, with over a quarter (26 percent) feeling positive (compared to 8 percent in the last Survey). Over eight in ten (84 percent) of London’s companies see Crossrail 2 as being central to the capital’s successful expansion. Meanwhile, a similar number of firms (80 percent) think sticking to the Government’s current timetables for building Heathrow’s third runway is vital to London’s attractiveness as a place to invest. As the city continues to expand eastwards, businesses recognise the importance of developing the right infrastructure to support growth in the area, especially in the Docklands. Four fifths of firms (84 percent) think that river crossings in East London are essential for boosting the city’s growth.

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March 6, 2017

Over two thirds of people now use a smartphone, but sales are stalling ⁰

by Neil Franklin • News, Technology

Over two thirds of people in developed markets worldwide now own a smartphone, according to a study of 625,000 people by Google and researchers Kantar. But sales in major markets fell 2 percent last year as the market reached full maturity with consumers reluctant to change brands and vendors increasingly focussed on selling upgrades and replacing existing devices. The five-year study found that 70 percent now use a smartphone, up from 51 percent in 2012. Dependence on the devices is also growing with 54 percent preferring to carry out a task digitally, two-thirds (65 percent) use the smartphone to go online ‘at least as much’ as a computer, and 76 percent using their smartphones or other connected devices while watching TV.

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March 3, 2017

Global migration plays an important role in London’s ongoing success, says report ⁰

by Sara Bean • Cities, Facilities management, News, Property, Workplace

Demand for construction workers in London looks set to grow due to the completion of Crossrail and the extension of the Northern Line alongside other infrastructure projects. But a new analysis reveals the Capital is struggling to attract and train the workforce needed; with London and the South East having a shortfall of 60,000 people in the construction industry. This is according to a first of its kind analysis of the role of migration on London’s economy by London First and PwC. ‘Facing Facts: the impact of migrants on London, its workforce and economy’ argues that London’s growing workforce is significantly contributing to economic growth and helping to create more jobs in the capital. The report, which draws on a comprehensive range of information, including detailed ONS Labour Force Survey data shows how London’s total workforce has grown from 4.3 million people in 2005 to just under 5.2 million, made up of people from around the UK, the EU and the rest of the world.

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February 27, 2017

London commercial property market letting down its small businesses ⁰

by Mark Eltringham • News, Property

Small businesses are poorly served by London’s current commercial property market, claims a new report from the think tank Future of London. The Workspace That Works report calls for local government, developers and landlords to address the threats this poses to the capital’s economy. The report claims that SMEs make up 99 per cent of all businesses and 41 per cent of employment in the capital, in line with the rest of the UK, but London faces a number of unique structural challenges such as the growing number of offices being converted to residential use, high rents and a general lack of suitable development sites. The report highlights the growth of shared spaces as a key factor in providing dedicated space for niche firms with significantly reduced costs for small businesses and start-ups.

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February 17, 2017

HR set to be the powerhouse of business in the open economy of 2020 ⁰

by Neil Franklin • Flexible working, News, Technology, Workplace

A new report commissioned by Samsung claims that by 2020, the impact that changes in society and technology will have upon the future of the workplace will elevate Human Resources (HR) to a powerful new role. The arrival of what Samsung calls the open economy will create a new environment in which a breed of ultra-flexible freelancers will prosper. Their arrival will present great opportunities for those organisations that embrace them but there will be significant challenges as well. Automation will be increasingly prevalent, but human skills will also rise in value as whole new job categories will be created around creativity, human judgement and intuition capabilities –positioning HR at the forefront of dealing with the significant industry changes. Emerging technology and artificial intelligence will undoubtedly create great change in many industries but it will also release human workers from mundane and repetitive tasks, liberating a workforce where human judgement and expertise becomes the centre of any organisation’s human resources.

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February 14, 2017

Cautious London job market post-Brexit, as EU nationals consider options ⁰

by Sara Bean • Cities, News, Workplace

The more recent employment figures for London suggest that until the terms of Brexit are known and put in motion, the jobs market will remain cautious. This is according to the latest Morgan McKinley London Employment Monitor which found that despite an 81 percent increase in jobs available and an 83 percent increase in professionals seeking jobs; compared to a 115 percent increase in jobs this time last year, the 2017 spike was muted in comparison. The 83 percent increase in job seekers month-on-month is coupled with a 29 percent decrease, year-on-year. Contributing to the decrease is the trickling off of non-British EU nationals working in the City, who comprise up to 10 percent of its workforce. In a post-Brexit survey of professionals conducted by Morgan McKinley, these individuals reported either moving abroad, or considering leaving London because of Brexit.

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February 9, 2017

Interruptions may actually improve team decision making, claims study ⁰

by Mark Eltringham • News, Workplace design

Teams make better decisions if they are interrupted with advice during their task, rather than advised before it, new research from UCL School of Management claims. In a study published in the journal Organizational Behavior and Human Decision Processes, Professor Colin Fisher of UCL looked at the timing and impact of formal interventions in decision-making groups. He found that giving teams advice ahead of time to prevent problems from emerging doesn’t work as well as interrupting them with in-process interventions.Decision-making groups value interruptive advice more, which leads them to share more critical information and make better decisions, compared to groups getting the same advice before they begin their task – even when the difference between receiving the information was only a few minutes.

“The findings go against the conventional wisdom that prevention is always better than cure. Teams that were interrupted had more productive discussions on a variety of measures, improving the quality of the decisions they made. Surprisingly, it didn’t matter specifically how long we waited to intervene, so long as the group had already begun its discussion,” said Professor Fisher.

To investigate, he conducted experiments with 124 three-person groups who made two decisions about opening a fictitious new gourmet restaurant. To reveal the best choices, members had to pool their individual information.

Groups received advice either before their discussion, or at varying points during their discussions. Videos of discussions were used to measure the discussion length, level of advocacy, and amount of information shared, all of which predicted the likelihood of choosing the correct answer.

“Future research should examine in-process interventions outside of the laboratory and investigate on-going teams working on a variety of tasks, from brainstorming to problem solving,” concluded Fisher.

February 9, 2017

Birmingham creates city development blueprint with global dimension ⁰

by Mark Eltringham • Cities, News

Researchers at the University of Birmingham have developed a way of investigating or diagnosing the challenges facing their home city that could be used to help improve the lives of city dwellers around the world. And the blueprint they are working with could help city policy makers and other countries to take more effective actions to boost the quality of life for residents by providing better outcomes. Project leaders are already looking at how the work might be applied in countries like India, Brazil and South Africa. The first part of the Urban Living Birmingham pilot project used a wide range of data and evidence used by city leaders to inform policy combined with an analysis of 248 datasets – identifying the challenges facing Birmingham.

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February 9, 2017

Large number of organisations remain under-prepared for a cyber attack ⁰

by Sara Bean • News, Technology

Over a third (35 percent) of businesses targeted in a cyber-attack in the past 12 months have taken no extra measures to protect themselves in the future, claims a new report. The study of 3,000 companies in the UK, US and Germany, conducted for Hiscox says that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber-attacks. It also found that more than half (57 percent) of companies surveyed admit they have been the target of at least one cyber-attack in the past 12 months, while one in four (26 percent) companies has been targeted three times or more with the average cost per incident to UK businesses estimated to be £42,779. Although three out of five businesses (62 percent) took less than 24 hours to uncover their biggest cyber incident in the past 12 months, and a quarter (26 percent) did so within an hour of its occurrence, nearly half (46 percent) of businesses took two days or more to get back to business as usual.