Search Results for: innovation

The world will be completely awash with information by 2025 and firms should adapt soon

The world will be completely awash with information by 2025 and firms should adapt soon 0

The amount of data humans and their devices create will rise to 163 zettabytes over the next eight years, according to a new report from data firm Seagate. That is ten times as much as we created last year. As usual, the amount of data described in the report is inconceivable. A linguist called Mark Liberman once estimated that every word ever uttered by human beings would create around 42ZB of stored data. So if I were to make up a fact such as that a printout of 163ZB of data could create a planet the size of Neptune, you’d have to believe it. It’s a lot and it’s rising exponentially, that’s all we need to know. The interesting thing apart from the scale of the storage issue, is that the major source of the increase will be businesses not humans and that by 2025, we will be interacting with an Internet of Things connected device an average of 4,800 times a day.

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Demand for flexible office space is set to grow in London’s outer boroughs

Demand for flexible office space is set to grow in London’s outer boroughs 0

Demand for flexible office space is set to grow in London's outer boroughsLondon’s office workers are looking for shorter commutes, demanding more collaborative and networking opportunities while at work and better access to green space, retail, leisure and wellness; all of which could present a huge opportunity for the less congested outer London boroughs, a new report suggests. According to Savills latest London Mixed Use Development Spotlight, as employers and employees alike demand more from their workplace and their work- life balance, London’s outer boroughs could reap the benefits by providing greater flexible office space and affordable homes at a variety of price points. According to Oxford Economics, employment in sectors that tend to occupy co-working spaces is set to rise by 20,000 people in the outer London boroughs over the next five years, which equates to a gross additional need of 1.6 million sq ft (148,644 sq m) of office space.

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Designing space for virtual collaboration in an untethered world

Designing space for virtual collaboration in an untethered world 0

collaboration and technologyWorking with colleagues across different geographies and time zones has become the norm since an increasing number of organisations now integrate and seek collaboration at a global level. Interestingly, according to Cisco, 62 percent of workers now regularly collaborate with people in other countries. These globally integrated enterprises (GIE) aim to draw in the best talent from across the world, delivering maximum innovation and efficiency. The rise of global and distributed teams has been further encouraged by the popularity of remote working, with 71 percent of office workers now choosing greater flexibility to work from various locations instead of travelling to the office everyday . And the trend only looks set to gain pace, with 56 percent of senior leaders in large global companies expecting global teams to increase in the next one to three years.

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The point everybody is missing about the backtrack on remote working by IBM

The point everybody is missing about the backtrack on remote working by IBM 0

IBM recently announced that it was going to consolidate its 2,600 marketing department in six locations around the US. Nothing wrong with that you may say, but as part of the consolidation it has to told people to relocate so they can attend the office every day and workers that had been part of IBM’s home working initiative for decades told to turn up at the office every day or find another job. The reason for this radical and trauma creating shift for IBM’s people causing increased commute times, social upheaval and increased carbon emissions is ‘innovation’. IBM needs to transform itself, move faster and come up with new ideas faster.  All makes sense…..or does it?

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Social technology has the power to make the workplace more humane

Social technology has the power to make the workplace more humane

Coloured-Social-Media-Icons-RoundSocial technology can, and should, make the workplace more humane. That’s because it has the potential and ability to shift the power dynamic from the few to the many. It gives more people a voice: one that they’re not afraid to use. You’ve only got to look at the uprisings, and the overthrowing of governments, in Egypt and Tunisia, to see the power of greater connectivity enabled by platforms such as Facebook. What was dubbed the Arab Spring was change on a grand scale. But, as Seth Godin points out in his book Tribes, it’s “tribes, not money, not factories,” that will change the world. The consequences of this are not lost on the people and cultural practices within organisations. The functions of how we recruit, how we learn, and how we communicate are all under pressure to bring greater humanity into the approach.

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Post Brexit UK sets out its case at MIPIM 2017

Post Brexit UK sets out its case at MIPIM 2017 0

Cannes-based international real estate fair MIPIM has always been a magnet for cities, determined to extoll their virtues to investors, developers and occupiers, but this year the UK was in charm overdrive. Buoyed no doubt in part by the presence of the UK government’s Department of International Trade (DIT), waving its ‘open for business’ flag for UK PLC, many of the towns and cities that would normally have ploughed their own furrow, instead came together to leverage critical mass. So Bradford and Leeds combined, conurbations across the central belt conjoined on a Midlands pavilion, and so on. Whether it was panic or confidence, the net result was an unusually prominent UK presence, up a quarter on last year. Of course the UK is just one nationality among the 24,200 real estate and city professionals from 100 countries who come together in Cannes every March.

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Over half of employees in small and medium firms regularly work unpaid overtime

Over half of employees in small and medium firms regularly work unpaid overtime 0

Long working hours are embedded into Small and medium sized firm’s (SME) culture, new research by AXA PPP healthcare has claimed, with 47 percent of employees in SMEs across the UK regularly working four or more hours of overtime per week, 27 percent of these putting in seven or more hours and for half (52 percent), the extra hours are unpaid. In addition, 22 percent of employees take fewer than 30 minutes for lunch, 19 percent have cancelled family time and 19 percent have missed a child’s event such as a school play due to working over and above their contracted hours. Over half (54 percent) of employees have continued to work after putting children to bed. With Britain’s small and medium sized firms making up 99.9 percent of the UK’s private sector businesses, employing nearly 3/5 of its workforce and accounting for 48 percent of the turnover this accounts for a lot of workers.

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State of the nation report sets out impact of digital transformation on the UK

State of the nation report sets out impact of digital transformation on the UK 0

The Institution of Civil Engineers has published its State of the Nation 2017 report, looking at how advances in digital technology and data are transforming how infrastructure is designed, delivered and operated. The report claims that digital transformation is bringing benefits to clients and end users as well as unlocking economic growth and productivity across the UK. The report, based on interviews with 350 organisations and industry figures discusses the practical steps firms and government need to take to maintain momentum and truly harness the benefits.

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The digital revolution is polarising the labour market and increasing wage inequality

The digital revolution is polarising the labour market and increasing wage inequality 0

The increasing ability of machines to perform cognitive, physical, and social tasks has polarised labour markets by “hollowing out” demand for middle-skill jobs, claims a new report published by IZA World of Labor based on research from economist Michael Gibbs of Chicago Booth School of Business. It suggests that analytical, problem solving, and social and communication skills are likely to be most valued in employees in the future. The new report finds that the advance of technology has opposing effects on jobs. It facilitates automation, creating fewer and less motivating middle-skill jobs. Conversely, it complements social and innovation tasks, creating more interesting low- and high-skill jobs. This causes labour market polarisation, “hollowing out” demand for middle-skill jobs, and increasing wage inequality.

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HR needs to help employers better prepare for the digitised workplace

HR needs to help employers better prepare for the digitised workplace 0

HR needs to help employers better prepare for the digitised workplace

HR leaders must take responsibility for bridging the gap between leadership and employees to help ensure organisations deal with the challenge of an increasingly digitised workplace and create a shared sense of direction, values and collaboration, a new piece of research suggests. According to the report, ‘Leadership Connections: HR’s role in business transformation’ from Ipsos LEAD and Cirrus, HR leaders are the crucial drivers of transformation in UK businesses through their roles of promoting devolved decision making, employee engagement and collaboration. Figures have shown that while half of CEOs expect their industries to be substantially or unrecognisably changed by digital, as of late 2016 10 percent of employees claim to have seen no significant change in their organisations at all – according to MORI’s Representative Employee Data (RED). This presents a significant difference between what we are being told by senior leadership and what employees believe to be the case.

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White paper sets out challenges of Brexit for UK’s built environment sector

White paper sets out challenges of Brexit for UK’s built environment sector 0

BSRIA has published a new white paper to explore how issues related to Brexit will impact the UK’s built environment sector. The report highlights the ways in which the industry that supports the built environment has a major impact on the overall UK economy and plays a positive role in supporting the government’s climate change and emissions reduction objectives. According to the white paper, the sector is particularly sensitive to the uncertainties surrounding Brexit because it is technology intensive, requires a highly-skilled workforce, and is very dependent on international trade.

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In a crowd of truths, we can discern and reclaim what it means to be human

In a crowd of truths, we can discern and reclaim what it means to be human 0

This is the second of two responses to an excellent article by Antony Slumbers, the first being this perspective from my mirrored room, in this instance offering that his views offer a far too presumptive picture of how technology will shape our work future. The paragraph headlines are from Antony’s original article. One person’s optimism is another’s pessimism. A decade ago the dream of liberated commute-free teleworking was, to many, the nightmare of enforced seclusion to the soundtrack of the dishwasher. The deployment of robots for the performance of menial tasks creating time and wealth for leisure is another’s horror at the loss of employment and resultant anomic fragmentation and decay. The fatally pointless optimism of Candide’s Dr Pangloss was agnostic in regard to every such outcome. It was positive only because there could be no alternative, and therefore no better alternative.

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