Search Results for: implementation

The successful implementation of new ideas can come at a cost, says new research

The successful implementation of new ideas can come at a cost, says new research

by • Business, News

New research from King’s Business School has suggested that too much success can be a problem, at least when it comes to the implementation of new ideas.New research from King’s Business School has suggested that too much success can be a problem, at least when it comes to the implementation of new ideas. The study, carried out with colleagues from University of Liverpool Management School, University of Hohenheim and Rotterdam School of Management, Erasmus University and published in the journal Research Policy, suggests that employees who experience exceptionally high levels of success are less likely to see their next ideas implemented. (more…)

Business leader express concerns about ethics and implementation of artificial intelligence

Business leader express concerns about ethics and implementation of artificial intelligence

by • News, Technology

A report claims that the majority of business leaders still grappling with the skills and ethics needed to implement artificial intelligenceA new survey of 1,000 global business leaders claims that although leaders say they understand how valuable artificial intelligence can be to their business, over two-thirds (69 percent) say their organisation lacks the skills to fully implement artificial intelligence (AI) and machine learning (ML). The report – AI IQ: Insights on Artificial Intelligence in the Enterprise [registration] – also suggests that the majority of business leaders believe humans should be involved in AI decision-making, citing ethical and data concerns. (more…)

Calls for urgent reform of skills policy development and implementation

Calls for urgent reform of skills policy development and implementation

by • Legal news, News

City & Guilds Group is calling on Government to urgently rethink how skills and education policy in the UK is designed and delivered, in light of a new report launched by the Group today. Sense and Instability 2019 finds that important lessons from the implementation of skills policy over several decades have not been learned, meaning badly-needed training and education programmes are not fit for purpose or delivering the right results for people, businesses and the economy.
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High expectations mask large gap between understanding of artificial intelligence and its implementation

High expectations mask large gap between understanding of artificial intelligence and its implementation

by • AI, News, Technology

New research published by the Boston Consulting Group and MIT Sloan Management Review suggests that there remains a wide gap between the understanding and adoption of artificial intelligence (AI) at most companies. The global study of over 3,000 firms and industry experts claims that almost 85 percent of executives believe AI will allow their companies to obtain or sustain a competitive advantage. However, only about one in five companies has incorporated AI in some offerings or processes. The new report claims to identify the key characteristics of AI leaders and offers companies a starting point for developing an AI strategy.

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Awareness of benefits of BIM growing in US and UK, but implementation lags

by • Facilities management, News, Property, Technology

BIM Level 2Building owners on both sides of the Atlantic are increasingly aware of the benefits of Building Information Modelling (BIM), even though they may not yet use it directly, according to a new report published by McGraw Hill Construction in partnership with Autodesk and Skanska. The report, The Business Value of BIM for Owners, suggests that this pent-up demand will be unleashed in the near future with 40 percent of US owners and 38 percent of UK owners predicting that more than 75 percent of their projects will involve BIM in just two years, with a particularly high level of growth in the US. Growth in the UK is being driven by the approaching implementation of a central government mandate requiring use of BIM on all national public projects by 2016, with over two thirds (67 percent) of UK owners reporting that the mandate is already having a high impact on their use of BIM. Owners in the UK are also more generally aware of the benefits of BIM and have more experience of it in practice.

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Key to successful BIM implementation is collaboration, says RICS

by • Architecture, Facilities management, News, Property, Public Sector

Key to success of BIM implementation is collaboration says RICSThe need for collaboration between all the professions working within the built environment was the overriding theme of a free seminar on BIM, hosted by RICS last week, reports RICS’ Schemes and Accreditation Manager Jon Klahn. The event featured speakers from quantity surveying, engineering and architecture, and was designed to help delegates learn more about BIM and RICS’ role in establishing BIM industry standards. Addressing the 80 plus attendees, Dr Anne Kemp FRICS, Director of BIM Strategy and Development at Atkins and Chair of ICE’s BIM Action Group said the various professions can no longer be driven by self-interest. BIM in itself is not the solution. But the change required to make BIM successful will ultimately allow for better construction, better buildings and a better environment. Successful BIM implementation requires a partnership of people, process and technology and for project teams to understand and appreciate each other’s roles as professionals. (more…)

FMs must overcome engagement barriers to sustainability implementation

by • Environment, Facilities management, News

Engagement still barrier to successful sustainability implementation

There is overwhelming support for sustainability to be embedded into business operations, but still some challenges in its successful delivery, according to the 7th annual Sustainability in Facilities Management survey from the British Institute of Facilities Management (BIFM).  Of the top five barriers to implementation success, three related to engagement; engagement overall, amongst senior management and middle management. The report also found that many FMs are not targeting the areas of highest priority relating to behaviours or processes which have the highest impact, but tend to focus on technologies. (more…)

AI and robotics could replace as many as 40 percent of US jobs, McKinsey report suggests

AI and robotics could replace as many as 40 percent of US jobs, McKinsey report suggests

by • AI, News

A new analysis from the McKinsey Global Institute suggests that about forty percent of jobs in the United States could be carried out by AI and robots if organisations chose to redesign how work is doneA new analysis from the McKinsey Global Institute suggests that about forty percent of jobs in the United States could be carried out by artificial intelligence (AI) and robots if organisations chose to redesign how work is done. The report claims that existing technology is already capable of automating more than half of all work hours across a wide range of roles, spanning both manual and cognitive tasks. (more…)

Government report warns of growing health-related economic inactivity

Government report warns of growing health-related economic inactivity

by • News, Wellbeing

The Government has published its final Keep Britain Working report, warning that the United Kingdom faces a continuing rise in economic inactivity linked to ill health, disability and long-term sicknessThe Government has published its final Keep Britain Working report, warning that the United Kingdom faces a continuing rise in economic inactivity linked to ill health, disability and long-term sickness. The report, issued by the Department for Work and Pensions and the Department for Business and Trade, sets out evidence that more people are leaving the workforce because of health conditions, reducing productivity and increasing costs for employers and the state. (more…)

Can we all stop shouting about AI (and start listening to each other instead)?

Can we all stop shouting about AI (and start listening to each other instead)?

by • AI, Comment, SF

Next time we see a debate about AI that gets a little heated, maybe we need to ask ourselves, why are we so afraid to admit it isn’t perfectRecently, the conversation around AI has been hotting up. This is not as a result of experts sharing new and innovative developments, but rather through grown adults exchanging insults and name-calling. LinkedIn is flooded with posts shouting about how the only people who don’t support and advocate for AI are running scared. Scared of progress. Scared of technology. Scared of the future. These posts read as childish and bullying and, whilst admittedly likely to be AI generated (or at the very least having had AI cast a glance or two over the content), they are positioning humans in a dichotomous way; for or against. You’re either with AI and therefore in the gang, or you are an ignorant luddite who is unwilling to get with the programme.

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Climate health risks threaten global productivity, warns WEF

Climate health risks threaten global productivity, warns WEF

by • Environment, News

Climate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic ForumClimate-related health impacts could strip at least $1.5 trillion from global productivity by 2050, according to a new report from the World Economic Forum (WEF). The study warns that food and agriculture, the built environment, and health and healthcare are among the sectors most at risk unless businesses take urgent steps to adapt. The report, Building Economic Resilience to the Health Impacts of Climate Change, produced in collaboration with Boston Consulting Group, highlights the growing economic burden of heat stress, infectious disease and other climate-driven health threats. It argues that protecting workforce health is now a strategic priority, not only for humanitarian reasons but also to safeguard business continuity and economic stability. (more…)

Large companies see slowdown in adoption of AI tools

Large companies see slowdown in adoption of AI tools

by • AI, News

Drawing on the US Census Bureau’s fortnightly survey of more than one million firms, the research shows a downward trend in reported adoption of AI tools among businesses with 250 or more employeesNew analysis from Apollo Academy suggests that large organisations may be losing momentum in their use of artificial intelligence tools. Drawing on the US Census Bureau’s fortnightly survey of more than one million firms, the research shows a downward trend in reported adoption among businesses with 250 or more employees. The survey asks firms whether they have used AI tools in the previous two weeks, including machine learning, natural language processing, virtual agents and voice recognition. While overall use of AI across the economy has grown steadily in recent years, the latest figures indicate that the largest companies are no longer leading the charge. Instead, their adoption rates appear to have stalled or declined slightly. (more…)

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