Search Results for: innovation

Futurist says UK gender pay gap will close much earlier than predicted

Futurist says UK gender pay gap will close much earlier than predicted 0

Gender pay gapFollowing the latest report that shows that the gender pay gap is still wide open comes claims that in the UK, the gap will close within the next 30 years. That’s the view anyway of futurist, trend forecaster and journalist, James Wallman. While the World Economic Forum believes that the world-wide gender pay gap won’t close by 2133, Wallman paints a more positive picture, forecasting the UK pay gap will actually close much sooner — by 2045. His reasoning is that it’s far harder to hide wage disparity in an age of data digitisation, meaning companies are compelled to be transparent. There is manifest political will behind pay parity, with new legislation meaning that by 2018 all companies with more than 250 employees will have to publish their gender pay gap data. And he argues there are numerous economic imperatives to get women working; if the same proportion of women worked in Britain as in Sweden, it would add £170bn to the UK economy and boost GDP by 9 percent.

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Managers and staff in creative sector disagree on what makes a creative office

Managers and staff in creative sector disagree on what makes a creative office 0

creative office 1According to a survey by recruitment firm The Creative Group, managers and employees in US based ad agencies don’t see eye to eye on the essential characteristics of a creative office. When asked what the ideal work environment is for on-the-job innovation, the top response among advertising and marketing executives was an open plan workplace. Employees, however, seem to prefer more private, concentrated time, with a private office being the most popular option. According to the study of 1,400 US based ad agency managers, executives and employees, over a third of managers favour open plan environments compared to just a quarter of employees. Twice as many employees as managers would also rather have a private office. Around a fifth of both groups opt for a cubicle. Perhaps the most interesting finding of the report is that just 4 percent of both groups think the best option is remote working.

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Do people really matter when we design workplaces?

Do people really matter when we design workplaces? 0

HumanSome may think this is a daft question. They’ll argue that of course people matter when we design workplaces. Granted, there are those for whom the human experience of the built environment is really important.  They demonstrate this it in their attitudes and actions. However, based on some of the attitudes and actions I have observed over the years, I would suggest that the belief that people really matter when some designers design workplaces for them is quite frankly all too often skin deep. How do we know this? And if we accept that it is true, it then begs the secondary question of why this should be the case. Is it entirely our fault? What might we do to address the issues? In part, we know that people haven’t really mattered enough in design because of mistakes of the past. Meanwhile, society is facing many pressing challenges, ranging from health to housing, work to economy and climate change to resource depletion.

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How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo 0

marissa_new4_400x400When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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Universal basic income is an idea whose time has come at last

Universal basic income is an idea whose time has come at last 0

Universal basic incomeIt is no longer a question of whether one of the world’s major economies will introduce a universal basic income for all of its citizens, but when. Over the weekend, the leader of the UK’s Labour Party Jeremy Corbyn announced in an interview in the Huffington Post that he was ‘instinctively looking’ at an idea that is already being discussed and piloted in Switzerland, the Netherlands, Norway and Canada. Corbyn may be one of the current glut of what would have once been political outliers in the Western World, but the idea of a universal basic income is one that is increasingly accepted in mainstream economic thinking. The RSA continues to campaign for it and has even put a number on it, suggesting that every UK citizen should be offered £308 between the ages of 25 and 65. Andrew Flowers offers up a masterful and detailed analysis of the economic and political issues involved in this piece on fivethirtyeight.com.

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Corporate real estate sector needs to step up to meet new challenges

Corporate real estate sector needs to step up to meet new challenges 0

US corporate real estateThe corporate real estate profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping business strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report from CoreNet Global. The Bigger Picture: The Future of Corporate Real Estate draws on the expertise of more than 30 thought leaders to provide insights from multiple perspectives beyond CRE: technology and the internet of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report argues that CRE must deliver greater value in this dynamic business environment and a world that is changing rapidly, is more interconnected than ever before, is constantly disrupted by technological innovation, and is replete with both risks and opportunities.

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London firms paint a mixed picture in their post Brexit reaction

London firms paint a mixed picture in their post Brexit reaction 0

London Brexit response

Investment and hiring intentions remain relatively robust among London’s leading firms, despite the Brexit vote, claims a new analysis by the CBI and CBRE. Over two fifths (41 percent) of the 186 firms surveyed after the Referendum said that they planned to maintain their investment plans, with one in ten (9 percent) planning on actually increasing their plans. The demand for property from occupiers and investors also appears to remain strong. However, 16 percent of firms said they will freeze investment plans, whilst a fifth (21 percent) think they will reduce them. Half of businesses (50 percent) plan to continue to hire after the Referendum, with less than a third (29 percent) not planning to do so and 12 percent planning on reducing staff numbers. Many firms though are still considering their response to the Referendum and will be looking for a clear plan from the Government and City Hall to maintain the openness of London’s economy.

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The gig economy must be harnessed to address skill shortages and uncertainty

The gig economy must be harnessed to address skill shortages and uncertainty 0

gig economyThe legal status of  people working in the gig economy must be clarified so that businesses and individuals can thrive, according to a new report from the Recruitment & Employment Confederation (REC).  Gig economy – The Uberisation of Work (registration needed) explores the impact of digital work platforms such as Upwork, Task Rabbit and Freelancer.com, which act as ‘marketplaces matching freelancers with a wide range of project-based work’. The report suggests that almost a third of all UK employers will  use these kinds of digital work platforms by 2021. The REC has called on policy-makers to ensure that the gig economy is fair to self-employed workers and businesses, and to secure benefits for the UK wider economy. The report claims that this will become increasingly important as the gig economy becomes more mainstream, adding £45 billion to the UK economy and creating work for 766,000 people.

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Bridging the UK’s persistent productivity and digital skills gap

Bridging the UK’s persistent productivity and digital skills gap 0

Digital skillsTwo of the most persistent and related structural problems facing the UK economy are the productivity and digital skills gaps. Earlier this month, the Office for National Statistics reported that there had been a further 1.2 percent fall in productivity. Part of the reason for this is that there is an underlying digital skills gap. According to a report from Barclays, nearly a third (31 percent) of working-age adults in the UK lack even basic digital problem-solving skills which places the country comfortably below the 37 percent average across OECD countries. Despite this, a mere 38 percent of UK employers offer their workers digital skills training, perhaps because on the other side of the coin, the UK ranks highly in what the report calls ‘digital empowerment’, which it defines as  ‘the ability and desire to use one’s digital skills to work productively and creatively, and to have the opportunity to continually upgrade them to keep pace with changing technology’.

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Employees in high performing organisations four times more engaged

Employees in high performing organisations four times more engaged 0

EngagedWhether or not you raise an eyebrow every time you hear about the need for employee engagement, there is a growing body of research which links engagement to performance. A new report claims that 80 percent of UK employees who say they work for high performing organisations are engaged compared to only 20 percent of those working for low performing organisations. And 80 percent of employees who think their organisation is customer-centric are engaged. This is five times more than employees who don’t think their organisation is customer-centric (17 percent). The highest performing employees are twice as engaged as the lowest, the survey by ORC International suggests. The survey found that overall employee engagement in the UK remained steady at 58 percent his year but the trends show that personal and organisational performance make a difference to engagement.

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Offices not yet smart enough to support new ways of working

Offices not yet smart enough to support new ways of working 0

right-information-right-technologiesEmployees believe their workplace is not making best use of latest technology, but expect this to improve as remote work begins to provide both quality of life and productivity benefits. In the latest Future Workforce Survey conducted by Dell and Intel, nearly half of global employees believe their current workplace is not smart enough, while 42 percent of millennial employees say they are willing to quit their job if technologies are not up to their standard. The research suggest that the addition of collaborative tools and innovations such as internet of things (IoT) and Virtual Reality (VR) will soon become vital to the workplace. According to the poll of nearly 4,000 full-time employees in ten countries, over half (57 percent) believe they will be working in a smart office within the next five years, while 51 percent believe that better technologies will make face-to-face meetings redundant within the next five years.

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Opportunities and challenges crystallise for smart cities and buildings

Opportunities and challenges crystallise for smart cities and buildings 0

Smart citiesGlobal law firm Osborne Clarke has released its fourth research report on smart cities and the future of the built environment. The new edition addresses a number of key issues related to the built environment and poses what it suggests are the two  key questions: How can the built environment become smarter? And what are the challenges and obstacles that might prevent this from happening? The report looks at case studies cross Europe and interviews experts in an attempt to discover how smart built environments ‘leverage data, new technology and innovative and collaborative thinking to deliver services that benefit citizens’. The report concludes that a fundamental  shift in thinking is already well underway but it is patchy and still faces a large number of major obstacles, not least a silo mentality in decision making which restricts the ability of organisations to innovate and achieve results across a broad base of objectives.

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