Search Results for: innovation

Only half of organisations are committed to ensuring employees thrive at work

Only half of organisations are committed to ensuring employees thrive at work

by • News, Technology, Workplace

Growth and development matter most to employees, followed closely by fair access to opportunities and equity in pay, yet only half (52 percent) of organisations worldwide have committed to help meet these aims claims new research. As advances in technology, like AI and robotics, disrupt industries and redefine value chains, organisations need to distinguish themselves from others in order to prevail. Thriving organisations – those that transform their work environment into a compelling experience – will be first in building the workforce for the future finds Mercer’s newest research, Thriving in an Age of Disruption. It suggests that exceptional organisations transform work into a compelling experience that meets all employees’ needs, unlocks their full potential and enables them to successfully transition into the future workforce. Employees who are energised and bring their authentic selves to work are 45 percent more invested in their role, while a trusting work environment, a feeling of personal accomplishment, faith in senior leadership, clarity around career paths and a strategy that is responsive to external market shifts and societal needs explain 79 percent of employee confidence in the company they work for.
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World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

by • AI, News, Technology

The World Economic Forum has announced an international expansion of its Center for the Fourth Industrial Revolution. The announcement coincides with this week’s Forum at Davos, which you can follow live here. New affiliate Centers will open in India, Japan and the United Arab Emirates, creating ‘an international network dedicated to maximising the benefits and minimising the risks of emerging technology’. In cooperation with host governments and private companies, affiliate Centers will aim to build on the work under way in San Francisco to close the perceived gap between emerging technology and policy. The Center for the Fourth Industrial Revolution model is to bring together business leaders, governments, start-ups, civil society, academia and international organisations to co-design and pilot innovative approaches to governance for emerging technologies such as artificial intelligence and blockchain.

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Business in the community aims to improve the quality of work for lowest-paid staff

Business in the community aims to improve the quality of work for lowest-paid staff

by • News, Wellbeing, Workplace

Business in the community campaign to address workers' financial concerns

Financial concerns are increasingly affecting the performance of workers across the UK, with one in eight UK workers (3.7 million) now living in poverty. According to the Money and Mental Health Policy Institute, a quarter of the UK workforce are, to some extent, experiencing financial insecurity. One in five employees (21 percent) report that they are just about managing financially, while a further 5 percent say they are finding things difficult. Aside from the undue stress this causes families, this can also have significant repercussions for employers, in terms of recruitment, retention and productivity. This has prompted Business in the Community, (BITC) with support from the Joseph Rowntree Foundation, to make the case for all employers to improve the quality of work for their lowest-paid staff. Its new campaign, Good Work for All draws on best practice from forward-thinking organisations including Starbucks, Royal Mail and Sodexo, and over a third of BITC members have reported taking company-wide action on low-paid work with successful outcomes.

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UK in 8th place for global talent competitiveness but gender equality lags behind

UK in 8th place for global talent competitiveness but gender equality lags behind

by • Cities, Legal news, News, Workplace

UK in 8th place for global talent competitiveness but gender equality lags behindThe UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. According to the Global Talent Competitiveness Index GTCI) produced by the Adecco Group, with international business school INSEAD and Tata Communications, the UK has a particularly strong pool of global knowledge skills, a variable for which it is ranked third in the index boosted further by its strong regulatory, market and business landscape. But this is undermined by its internal openness, where it still lags behind, especially when it comes to gender equality. The report also suggests that although Article 50 was triggered in 2017, the ongoing negotiations and continuing lack of clarity over the UK’s position once it leaves the European Union in 2019, means the impact of Brexit is not yet clear.

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Global business leaders feel more optimistic about the world economy

Global business leaders feel more optimistic about the world economy

by • News, Workplace

Attracting and retaining talent is the biggest concern for CEOs going into 2018, but they’re feeling generally more optimistic about the global economy, claims a new report by The Conference Board, the C-Suite Challenge 2018 . A mood amongst senior managers to create organisational cultures that are inclusive, engaged, high-performance, customer-focused, and resilient is prevalent throughout the responses to this year’s survey. The desire for a “culture of innovation” ranks as the number-one innovation strategy in every region (Asia is the one exception, where it is third), every industry, every size company, and among CEOs and C-Suite executives alike. The impact of the New Digital Economy is clearly being felt in the daily processes and practices of organisations, and through the emergence of new competitors from every part of the globe. In Europe’s the c-suite remains worried about the impact of – which is unchanged from last year when it was the 8th biggest concern.   (more…)

The complex relationship between productivity, technology and working anywhere

The complex relationship between productivity, technology and working anywhere

by • Flexible working, News, Technology, Wellbeing

A new report produced by Lancaster University’s Work Foundation and commissioned by Citrix, highlights the complex and often strained relationship between productivity, technology, work and the idea of working anywhere. Despite the march of digital transformation, one in four (24 percent) UK managers questioned for this report believe their organisation is not technologically ‘forward thinking’. With Britain’s productivity slowdown the largest of the G7 economies since the recession, over three in five (63 percent) of knowledge workers polled believe they are no more productive today than they were three years ago, with 17 percent even claiming to be less industrious. The paper – Productivity, technology & working anywhere – shows an undeniably positive link between correctly-implemented technology and workplace productivity. However this progress can soon by marred by poor business planning, a lack of innovation, outdated IT and low uptake of flexible working cultures. The research is supported with survey responses from 1,000 knowledge workers and 500 managerial level employees within medium and large organisations across the UK.

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The seven must-reads that were on our radar this week

The seven must-reads that were on our radar this week

by • AI, Features, Flexible working, Property, Technology, Workplace

What to do when you’re feeling distracted at work

The essential truths of management books distilled to 25 words

The past and present future of corporate real estate

A new approach to the design of work

How to tackle impostor syndrome in 2018

Managing an integrated government estate: lessons from the UK

Autonomous car hype is way ahead of reality

Image: Mercedes

Promotion: Humanscale launch Quickstand Eco to lead next generation of sit/stand workstations

Promotion: Humanscale launch Quickstand Eco to lead next generation of sit/stand workstations

by • Company news, Furniture, Products

Humanscale, has launched its next generation of portable sit/stand products. The QuickStand Eco claims to unite function and sustainability at an accessible price point to improve employee performance and encourage a more active workplace. This new height-adjustable solution is sleeker, easier to install and comprises more sustainable materials than ever before. QuickStand Eco utilises minimal parts and pieces, limiting it’s environmental footprint and maintaining a minimal, clean aesthetic. It features simple setup and is easy to transport, making it a flexible option for both corporate and home offices. The instant height adjustability encourages users to sit and stand more often and the product can also be integrated with Humanscale’s OfficeIQ software, which sends periodic alerts when it is time to adjust one’s position.

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Flexible space and smart tech to grow this year, while occupiers decide on Brexit

Flexible space and smart tech to grow this year, while occupiers decide on Brexit

by • Coworking, Facilities management, Flexible working, News, Property, Technology

Flexi-space and Smart tech to grow this year, while occupiers decide on BrexitThe proportion of flexible space within occupier portfolios will continue to increase in 2018; a growing adoption of technology will redefine buildings, workplaces and portfolios; and it will be a year of decision for many businesses regarding Brexit. These are among the ‘UK Property Predictions 2018’ report from JLL which covers a range of different topics, with a particular focus on UK corporate occupiers. The report claims that traditional static portfolio concepts are being redesigned to incorporate new formats of space, co-working and a more fluid and diverse range of space options that support creativity, innovation and collaboration. (more…)

Commercial property is undergoing tech disruption, but not as some believe

by • Comment, Facilities management, Property, Technology

According to a recent report, executives in the commercial property sector have significant reservations about emerging disruptive technologies such as Big Data and predictive analytics, augmented and virtual reality, Blockchain and driverless vehicles, but see huge potential for process automation. Disruption is a strong word.  It conjures up apocalyptic images and radical interventions leaving unrecognisable outcomes in its wake. Big terms like artificial intelligence, Internet of Things (IoT) and big data bring equally big expectations.  For those of us at ground level, it’s hard to see the cumulative impacts of the many changes taking place around us.  It’s also hard not to share the same view expressed above. Future-gazing is nice to a point, but board level conversations like to take signposts from what is actually happening around them as well, and the commercial property sector is no exception. This sector is undergoing profound disruption but not necessarily from Silicon Valley’s headline grabbers.

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Design sector contributes £209 billion to the economy but problems remain, claims Design Council

by • News, Workplace design

The Design Council has published a new report which sets out the value of the design industry to the UK and identifies a number of issues that need to be addressed to enhance its value. According to the Designing a Future Economy: Developing design skills for productivity and innovation, the sector contributes £209bn to the UK economy, almost double that of what the creative industries were previously thought to contribute. The report also claims that people working in the sector are significantly more productive than the UK average worker. However it also cautions that a skills gap costs the UK economy nearly £6 billion annually. The report was compiled using UK and US-based data from the Office for National Statistics (ONS) and O*Net, a US-based research company offering definitions and data on different jobs.

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What P T Barnum can teach us about the facilities management circus

by • Architecture, Comment, Facilities management, Workplace

Does any of this describe you? “You have a need for other people to like and admire you, yet you tend to be critical of yourself. While you have weaknesses you are generally able to compensate for them. You have considerable yet hidden strengths that you have yet to turn to your advantage. Self-controlled on the outside, you are slightly insecure inside. At times you have serious doubts as to whether you always make the right decision. You prefer a certain amount of change and become dissatisfied when hemmed in by limitations. You pride yourself as an independent thinker and do not accept the statements of others without satisfactory proof. But you also think it can be unwise to be too frank in revealing too much about yourself.” Does this sound familiar? Well it should because that is how most people see themselves.

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