Search Results for: innovation

New EU AI strategy focuses on ethics

New EU AI strategy focuses on ethics

AIThe European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. More →

Employees use only fraction of their knowledge at work

Employees use only fraction of their knowledge at work

knowledgeEmployees use just 38 percent of their knowledge and expertise at work, meaning organisations are failing to unlock even half of the brainpower of their people, research has claimed. According to the survey of more than 1,000 UK and US “knowledge workers” by Starmind, 90 percent of employees want more opportunities to share knowledge and expertise and three quarters believe their organisation would benefit from accessing more of their expertise. More than 6 in 10 respondents feel they could contribute more but don’t know how, while nearly two-thirds say they have knowledge their organisation isn’t aware of or doesn’t capitalise on. More →

Europe must do more to bring discoveries to market

Europe must do more to bring discoveries to market

discoveriesAlthough Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. More →

Public sector must be more open on AI, says watchdog

Public sector must be more open on AI, says watchdog

AIThe public sector must uphold high standards of conduct when adopting AI, a report from the Committee on Standards in Public Life has concluded. The committee does not believe a new AI regulator or major legal change are necessary but it does have concerns about lack of openness, lack of accountability and data bias. More →

Bridging the gap between the reality and perception of engagement

Bridging the gap between the reality and perception of engagement

engagementOrganisations are currently operating against a backdrop of environmental, social, political and technological upheaval. Changes in the way people work, buy, communicate and live their lives abound while the communications narratives become ever more complex. The zeitgeist dictates how an organisation’s purpose and communications should match the growing expectations placed on it by its identity and need to address its engagement with staff and the outside world. More →

Businesses can fail if employees are over-confident

Businesses can fail if employees are over-confident

confidentSenior employees being too confident about the value of their ideas could be one reason businesses are failing, according to research by the University of Cologne. The study, conducted by Professor Fabian Sting and a team of interdisciplinary co-authors, highlights how choosing the wrong ideas to pursue can lead businesses to make unwise investments and miss out on opportunities, which could threaten their survival. A large part of the problem, it says, is that the person who comes up with the idea overestimates how successful their innovation will be and views their skill or performance as better than it actually is. More →

Is your biggest competitor already working for you?

Is your biggest competitor already working for you?

competitorEmployers worried about rivals poaching their staff should be looking closer to home to spot their next competitor, a new study has claimed. In a survey of 3,000 UK employees by Synergy Creative, nearly half (47 percent) said that they would love to be their own boss, raising the prospect of them setting up in competition to their existing employer. Of those intending to find a new job in 2020, a third said their ideal job is to work for themselves, compared to 25 percent who are looking to move to another company. More →

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

data strategyA new report from Qlik and Accenture, titled “The Human Impact of Data Literacy” and conducted on behalf of The Data Literacy Project, claims that while most organisations understand the incredible opportunity of data, a gap has emerged between organisations’ aspirations to be data-driven and their employees’ ability to create business value with data. The report argues that data is a ‘gold mine’ that can fuel a culture of innovation and growth as part of a data strategy. However, when employees struggle to make sense of data, productivity and business value can be affected.

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AI reskilling is ‘crucial’ for business success

AI reskilling is ‘crucial’ for business success

AI trainingAs AI continues to disrupt the world of work, a new report says upskilling and reskilling will be crucial in developing workers’ competencies to complement technological innovation. Yet according to the 2020 Talent Trends Report released by Randstad Sourceright, only about a fifth of businesses around the world (22 percent) are currently training existing employees to help them adapt to AI. More →

Half of managers expect staff to suppress emotions

Half of managers expect staff to suppress emotions

emotionsSix in 10 people feel unable to express their true emotions in the workplace, new research has claimed. In a survey of 2,000 UK workers and 250 line managers by Totaljobs and Dr Terri Simpkin, a Visiting Fellow at Anglia Ruskin University, most workers said they prefer to deal with emotions on their own. This was particularly true of sadness, which 60 percent chose to handle themselves rather than asking for help. More →

We might spot patterns in office design, but a global picture is beyond us

We might spot patterns in office design, but a global picture is beyond us

The ongoing evolution in the design of the places we work has much in common with evolution in the natural world. But whereas natural selection is dependent on its ‘Blind Watchmaker’ to indirectly shape creatures in response to the constantly changing forces in their environment own, office design is anything but blind – at least it is when done intelligently and with insight. More →

The vaguery of workplace serendipity

The vaguery of workplace serendipity

It has become vogue to refer to the workplace as being ‘all about people’. It points in all directions at once. Organisations need fit, healthy, happy, skilled, motivated, engaged and purposeful people being (and feeling) productive and doing their best work every day. They want their people working closely together – they’ve spent a lot of time and money drawing in those they feel can contribute to a whole that is other than the sum of the parts. More →