Search Results for: innovation

Generation Z are more motivated by job satisfaction than money

Generation Z are more motivated by job satisfaction than money

Generation Z more motivated by job satisfaction than moneyGeneration Z, the latest generation to enter the workforce, are more likely to be motivated by job satisfaction and working for social good than by money, a new report claims According to new research from Huawei, in partnership with Chris Brauer, Director of Innovation at Goldsmiths, University of London, based on responses from 2,000 18-25-year olds’ across the UK, also reveals that a new tribe of working professionals among Gen Z is emerging, the ‘New Working Order’. More →

Three out of four UK SMEs failing to embrace digital workplace

Three out of four UK SMEs failing to embrace digital workplace

Three out of four UK SMEs failing to embrace digital tech innovationsIT analyst Gartner has forecasted that by 2022 cloud will make up almost a third of IT spending, but only a quarter of SMEs are properly prepared for it, claims a new study. The Missed Middle study, commissioned by Crown Workspace, found that three quarters of UK SMEs are failing to embrace workplace technologies such as cloud, mobile working and digital devices. This could impact their business agility, security and financial efficiency. Cost is the most common barrier preventing SMEs from creating the optimum workspace that features modern technology. For instance voice technology has seen huge adoption over the past few years, however less than one in five respondents are ready for it in the workplace. More →

Employee resistance in sharing ideas with teams undermines success

Employee resistance in sharing ideas with teams undermines success

Resistance by staff to sharing new ideas with their teams reduces success

The whole idea of the collaborative workplace is to foster creativity and communication, but new research suggests that sharing ideas with team members is still an uncomfortable prospect for employees. According to new research from Rotterdam School of Management, Erasmus University (RSM) many employees resist sharing new ideas with teams – even if it means failure. The researchers, Dirk Deichmann of RSM and Michael Jensen of the University of Michigan’s Ross School of Business, examined the innovation database of a large energy company containing 2,532 ideas submitted over 12 years. They found that employees often develop innovative ideas alone. More →

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 →