Search Results for: innovation

Firms can overplay the war for talent, researchers find

Firms can overplay the war for talent, researchers find

the war for talentFirms often put great effort in retaining good employees because they fear the loss of talent and knowledge spillover to rival companies. However, new research published in the Academy of Management journal by Stefan Wagner, Professor of Strategy at ESMT Berlin, and Martin Goossen from Tilburg University suggests that losing key employees to a competitor can actually be a benefit to companies and so the war for talent may be futile or even counterproductive. To assess the impact of mobile employees the researchers focused on R&D alliances in the pharmaceutical industry, where partnerships are a common mode of innovation as they diffuse the burden of costly drug development. They collected data on alliance formation amongst the 55 largest pharmaceutical firms over a 16-year period, identifying all scientists that moved between these firms. Of the 130,000 scientists the researchers tracked, more than 8,200 moved from one firm to another. More →

Cosm wins Red Dot Award as best office chair

Cosm wins Red Dot Award as best office chair

Cosm, designed by Studio 7.5 for Herman Miller, has won the Red Dot Best of the Best Product Design Award in the office chairs category. The award rounds out Cosm’s first year on the market, taking home a suite of awards for the new design. Herman Miller introduced Cosm, designed by Studio 7.5, in Milan coinciding with Salone Del Mobile, April 2018. The chair was launched fully to the market in Autumn 2018.  Today, Cosm chairs have been sold to more than 1,700 companies in 90 countries around the world. More →

The scale of the problem for workplace design

The scale of the problem for workplace design 0

There is a typically telling and intelligent Pixar moment in the film A Bug’s Life in which an already well-lubricated mosquito goes up to a bar and orders a ‘Bloody Mary, O Positive’. The barman plonks a droplet of blood down on the bar. The mosquito sinks his proboscis into it, sucks it down in one go and promptly falls over. The mosquito doesn’t need a glass because that is for animals who have a problem with gravity. For insects, the major force in their lives isn’t gravity, but surface tension. More →

Google remains most attractive company to work for

Google remains most attractive company to work for

Google remains the most attractive company to work for in the UKUniversum Global has launched the findings for the UK portion of its annual Global Talent Survey (registration) which claims that Google is the UK’s most attractive company to work for by graduates for the seventh consecutive year. Universum studied 39,500 students from 97 British Universities to understand the career aspirations, goals and workplace requirements for graduates.

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Fifth of people do not last a year in self-employment

Fifth of people do not last a year in self-employment

Maria Spelterini crosses Niagara on a tightrope to illustrate the precariousness of self-employmentOne-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS).  The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. More →

Flexible office demand in Paris almost double the global average

Flexible office demand in Paris almost double the global average

Flexible office space in FranceDemand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices. With demand for office space on the rise in Paris, serviced offices have seen a 26 percent increase while hybrid space has seen a 23 percent increase. While the city ranks fourth globally by the size of supply, Paris is considered to be one of the largest flexible office markets in Europe and ranks among the top 10 best start-up cities in the world. Alongside New York, San Francisco and London, Paris also remains one of the most expensive places to rent a desk. Despite this, demand in the city is on the rise as more large businesses choose flexible offices over conventional leases. More →

People feel most creative at mid-morning

People feel most creative at mid-morning

People feel they’re most creative at 11:05am, according to new research by MPA Group. The survey of 1,000 UK office workers looked into the time of day employees feel most creative, and which working environments best help to stimulate our creativity. Interestingly, the morning was the most creative time across all industries, with the overwhelming majority claiming their best ideas come between 10am and 11.30am. More specifically, across the whole country, the average time for optimum creativity was 11:05am. More →

Smart cities spend to top $189 billion in next five years

Smart cities spend to top $189 billion in next five years

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities  for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. More →

A Turing Test for the workplace

A Turing Test for the workplace 0

Are we seeing the creation of a new type of workplace professional?One of the ideas we’re going to hear about a lot over the next few years is the Turing Test. It describes the point at which a machine’s behaviour becomes indistinguishable from a human’s, so that a typical person is unable to work out if he or she is interacting with a machine or an individual. This matters for lots of reasons; functional, philosophical and ethical. More →

Fears about impact of AI now widespread

Fears about impact of AI now widespread

A significant proportion of the global population is concerned about the use of artificial intelligence (AI), with scepticism about its use by business greater than its use by government, a poll published by the World Economic Forum suggests. According to the poll, which surveys the attitudes of over 20,000 people across 27 countries, 41 percent of respondents said that they were worried about the use of AI. This compares to 27 percent that disagreed and 32 percent that were undecided. When asked whether the use of AI by companies should be regulated more strictly than it is today, 48 percent of respondents said they agreed compared to 20 percent that disagreed. More →

More people than ever plan to work past 65 but health fears remain

More people than ever plan to work past 65 but health fears remain

According to ONS statistics, nearly three quarters (71 percent), or 23 million UK based employees, plan to work beyond the age of 65, but two in five of these (41 percent) – equivalent to 9.5 million workers – are concerned their health will make it difficult to do so, according to new research from Canada Life Group Insurance. Over a quarter (27 percent) of UK employees think their boss views older workers as a ‘hassle’ because of these possible health struggles. This highlights the potential for poor health to act as a barrier to employment and retention of older workers. Employees also believe their boss perceives older workers as stuck in their ways (30 percent) and technologically inept (30 percent). Among the biggest concerns of those intending to work beyond the age of 65 is that they will be treated differently because their boss or colleagues perceive them as being ‘old’. More →

The biggest problem with open plan offices is how they are used

The biggest problem with open plan offices is how they are used

A Cuban panopticon is the idea most people have of open plan officesFor decades the trend among workplaces has seen employees moving out of individual offices and into open plan spaces. This has not always been successful, with the open-plan approach receiving significant criticism. The key issues are distraction and noise, which apparently leads to uncooperative behaviour, distrust and negative personal relationships, and the lack of privacy and sense of being universally observed. Now that the internet connectivity is available almost everywhere and thus allows much more flexible working, the question arises: What might the set-up of an ideal workplace environment look like today? More →