August 2, 2024
Search Results for: innovation
July 30, 2024
Working with AI drives innovation, but business leaders are sceptical
by Neil Franklin • AI, News
Collaborating with artificial intelligence increases the volume, diversity and detail of new ideas from business leaders according to a new poll from design consultancy IDEO. The survey also suggests that using AI to accelerate innovation rather than efficiency can increase growth by more than a third. In the study 1,000 business leaders answered a brief to design new products and services that could achieve both growth and sustainability objectives. Business leaders who received AI generated questions to help with ideation in response to the brief produced 56 percent more ideas, with a 13 percent increase in the diversity of ideas and a 27 percent increase in the level of detail compared to a control group who were not provided with artificial intelligence prompts. More →
March 27, 2024
ULI Europe launches PropTech Innovation Challenge 2024
by Freddie Steele • Company news, Environment, Property
Following last year’s pilot, Urban Land Institute (ULI) Europe has launched a second edition of the PropTech Innovation Challenge (PIC), the Young Leaders-led initiative to foster innovation in the built environment and is calling for game changing solutions that meet the challenge of how to substantially reduce carbon emissions. The challenge, which reflects ULI’s mission priorities, and the urgent decarbonisation focus of ULI C Change, is focused specifically on the reduction of Scope 3 emissions for managers and investors and encompasses the indirect but critical emissions that occur throughout the value chain, and which are often overlooked. Indirect emissions arise from activities such as transportation and procurement. More →
March 6, 2024
People have lost trust in AI already, and aren’t keen on innovation more generally
by Jayne Smith • AI, News, Technology
The 2024 edition of the Edelman Trust Barometer claims to expose a rift on the subjects of AI and innovation that has become a new factor in the polarisation of societies. Respondents, by nearly a two-to-one margin, feel innovation is being poorly managed; this is true across age groups, income levels, and gender, and in both developed and developing countries people are more likely to say innovation is poorly managed than well managed. Innovations have also become politicized, especially in Western democracies where right leaning individuals are far more likely than those on the left to reject them; the biggest differences between those on the right and left are in the U.S. (41 points), Australia (23 points), Germany (20 points), and Canada (18 points). More →
December 12, 2023
Workplace innovation is boosted when managers have high social status
by Neil Franklin • Business, News
Social status of top management in a company is positively associated with innovation, including workplace innovation, due to greater access to resources for research and development (R&D), finds new research from UCD Lochlann Quinn School of Business (UCD Quinn School). The findings were first published in the journal R&D Management. More →
September 23, 2022
Digital twin in Birmingham will drive innovation and clean energy in the city
by Neil Franklin • Cities, News, Technology
A digital twin that can comprehensively model and test pathways to clean energy and net zero emissions in East Birmingham is being planned in a partnership between the University of Birmingham, Birmingham City Council and Siemens. A feasibility study has been commissioned which demonstrates how a virtual representation of the energy and transport infrastructure within East Birmingham and Tyseley Environmental Enterprise District (TEED) will help to outline pathways for decarbonisation. More →
July 22, 2022
Awards and recognition for innovation can harm future levels of creativity
by Neil Franklin • News
New research from Olin Business School at Washington University in St. Louis, published in the Journal of Applied Psychology, claims to have identified one reason why some first-time innovators struggle to repeat their initial creativity while others go on to continually produce creative works. Markus Baer, Professor of Organizational Behavior at Olin, and Dirk Deichmann, of the Rotterdam School of Management in the Netherlands, discovered that recognising first-time producers of successful novel ideas with an award or recognition can significantly decrease the likelihood that they will produce future creative work. More →
March 23, 2022
A burst of technological innovation is reshaping the future of work
by Toby Benzecry • Comment, Flexible working, Technology, Workplace design
Even as we begin to glimpse the light at the end of the tunnel of the pandemic, evidence suggests that many workers want to carry over the working flexibility that the pandemic afforded into the post-pandemic world and a new future of work. Namely, employees are wanting to adopt a ‘mixed’ working style – spending time both working in the workplace, enjoying the office’s many benefits, as well as spending some time during the week working from home. A YouGov poll suggests that close to 40 percent of employees wish to continue to work from home some of the time post-pandemic – a fact that is supported by CIPD research. More →
March 10, 2022
NewFlex appointed to run incubator and innovation space at 22 Bishopsgate
by Freddie Steele • Company news, Property
NewFlex, an operator of flexible offices and “space-as-a-service” solutions with fifty sites across the UK, has been appointed to curate and manage the incubator and innovation workspace community at the landmark London office 22 Bishopsgate. To be known as The Exchange (branded as XCHG) and specifically targeting start-ups, scale-ups and SMEs, the c.14,000 sq ft flexible office and co-working space on level seven will be NewFlex’s most significant space as-a-service project to date, aiming to create a bespoke environment that fosters innovation. More →
January 27, 2022
Urban and real estate recovery driven by talent and innovation focused firms
by Neil Franklin • Cities, News, Property, Technology
Innovation-oriented industries and talent concentration are driving urban and real estate recovery, with notable hot spots in parts of the US, Europe and Asia, according to JLL’s new report, Innovation Geographies (registration). The authors claim that cities that perform best on these measures will be best positioned for economic growth post-pandemic, demonstrating a strong link between innovation, talent ecosystems and real estate performance. More →
January 27, 2022
Tech leaders are dedicating more time to innovation than ever
by Neil Franklin • News, Technology
Chief Information Officers are spending more time on innovation than they ever have, with three quarters stating they have increased innovation efforts, according to the 2021 Global CIO Survey (registration) from Logicalis. The study, which questioned 1,000 CIOs from around the world, claims that despite a strong focus on innovation, just 27 percent of CIOs describe it as an essential part of their company culture. More →
March 30, 2023
Every workplace innovation contains the seeds of its opposite
by Mark Eltringham • Comment, Flexible working, Technology
The announcement by Apple that it wanted its employees to work in an office for three days a week sparked the usual, tedious pile-on about how many days people should spend in a physical workplace each week. This included the columnist at Grazia who joins the tens of millions of people around the world who not only know where Apple is going wrong, but also how to run every other organisation in the world and what’s best for everybody who works for them. More →