Search Results for: innovation

Many of Europe’s small firms to reinvent businesses over next five years

Many of Europe’s small firms to reinvent businesses over next five years

Europe’s small and medium sized businesses are fundamentally re-evaluating their market offerings as they aim to keep pace with consumers’ demands in the digital age. According to new research commissioned by Ricoh Europe (registration required), a quarter (24 percent) of the 3,300 business leaders surveyed from across 23 countries expect to sell entirely different products and services within the next five years.

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More needs to be done to bridge the digital gender divide, says OECD

More needs to be done to bridge the digital gender divide, says OECD

Barriers to access, education and skills, as well as ingrained socio-cultural biases, are driving a digital gender divide that is holding back women’s participation in the digital economy, according to a new OECD report. Bridging the Digital Gender Divide: Include, Upskill, Innovate says women are not currently empowered to take advantage of the opportunities offered by the digital transformation. While G20 economies have taken important actions to narrow gender gaps in general, more needs to be done to increase the participation of women and girls in the digital economy so that they too can contribute to and benefit from the digital transformation that is under way.

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Fostering creativity within organisations through space and culture

Fostering creativity within organisations through space and culture

In organisations around the world, hierarchical structures are breaking down, replaced by deeply interconnected, constantly shifting networks, linked by innovative technology. Meanwhile, huge leaps forward in artificial intelligence promise to fundamentally change the nature of work, either by enhancing or replacing human-beings. Research by McKinsey suggests that half of today’s work activities could be automated by 2055, with repetitive and process-based roles the first to go. For employees, this looks likely to mean a greater focus on creative skills, where humans retain an advantage. These skills are not restricted to being purely artistic, as creativity describes the process of problem-solving in a new way. The rise of creativity is also being driven by new generations entering the workplace with different demands and expectations than those before them.

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Modest goals are more appealing to people than maintaining the status quo

Modest goals are more appealing to people than maintaining the status quo

Thanks to a quirk in the way our brain evaluates goals, people feel it’s easier to achieve a small incremental goal than to maintain the status quo, when both goals are assessed in isolation. This is especially true if the context is seen as unfavourable.  This finding, which contrasts with the popular belief that no change is easier than any change, is the main conclusion of research led by marketing professors from INSEAD, IE Business School and Pamplin College of Business.

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Will technology prove a threat or a godsend in the new workplace?

Will technology prove a threat or a godsend in the new workplace?

In the past decade, the business landscape has fundamentally shifted with the emergence of companies like Uber and Netflix, in addition to the rapid growth of large technology companies such as Apple and Amazon. Underlying this shift is the constant evolution and implementation of technology into the workplace. In a recent report, the World Economic Forum stated that digitisation could add a staggering $100 trillion to businesses by 2025.

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An intersectional approach to trends in workplace design at Orgatec 2018

An intersectional approach to trends in workplace design at Orgatec 2018

There are perhaps three characteristics that ensure the European office furniture and workplace design fair Orgatec continues to attract so many exhibitors and visitors to Cologne. Firstly, it takes place every two years, so offers a snapshot of a sector, framing the most important workplace developments in a particular time and place. For those of us who’ve been attending the shows for any length of time (in my case 26 years), we can track the evolution of workplace thought in a measured way, noting key developments like the launch of the Aeron chair (1994), Vitra’s Alcove (2006) and in 2018 – what?

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Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   More →

Cultivating a culture of personal development can supercharge performance

Cultivating a culture of personal development can supercharge performance

We all want success. You started a business because you had a dream. Maybe you wanted to change the world. Maybe you wanted to fulfil a childhood ambition. Or maybe you just want to make parents proud. Whatever that reason may be, you started a venture that was, yes, risky and scary at times. But a safe journey wasn’t an option anyway, we know. To achieve the fulfilment of the dream though, you need a team with you. You need to surround yourself with the best people in the field. You need people who know more than you, are better than you. Because in today’s world, competition is fiercer. You are not anymore competing against locals. The game has become global. It has, therefore, become necessary to never stop innovating.

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Business leaders agree that organisations must be digitised to compete

Business leaders agree that organisations must be digitised to compete

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →

The death of desks, the truth about smart cities and a long list of things architects should know

The death of desks, the truth about smart cities and a long list of things architects should know

You can’t judge an international marketplace by wandering around an exhibition of its products for a day or two. This is a simple fact overlooked by a new piece in Dezeen which declares that desks are finished. This notion is based on a trip to the Orgatec furniture fair in Cologne. Our own review of the show will appear tomorrow, with the hysteria dialled down to a dull roar and with some added facts about what organisations actually buy most from office furniture companies (spoiler: desks and chairs) compared to what makes the sector more interesting.

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Cultural attitudes define the race for 5G connectivity as Germany and Holland inch ahead

Cultural attitudes define the race for 5G connectivity as Germany and Holland inch ahead

New research commissioned by international law firm Osborne Clarke claims that businesses in Germany and the Netherlands could be leading the global race to embrace next-generation 5G connectivity. The Next Generation Connectivity research of executives and managers from 11 countries, conducted by the Economist Intelligence Unit, also claims that approaches and attitudes to adopting connectivity vary country to country. This, Osborne Clarke says, could hinder future opportunities.

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Fewer than half of UK managers would recommend their workplace to others

Fewer than half of UK managers would recommend their workplace to others

Less than half of UK managers would recommend their workplace to othersUnder half (47 percent) of British managers ‘completely agree’ that they would recommend their workplace to others, lagging behind other countries, such as Austria (66 percent), Finland (53 percent), Switzerland (53 percent), and France (51 percent). This is according to a Cornerstone OnDemand and IDC survey of over 1,900 European HR, IT and line of business managers, Future Culture 2018: Building a Culture of Innovation in the Age of Digital Transformation (registration required). More →