Search Results for: office

Commercial property sector disconnected from game changing new tech, claims report

Commercial property sector disconnected from game changing new tech, claims 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 according to the Altus Group CRE Innovation Report (registration required). According to the report, which is based on a global survey carried out in September of 400 CRE executives at firms with assets under management of at least US $250 million representing a total of over US $2 trillion, a large majority of executives report their firms have benefited from technology investments made over the past two years. However, when presented with six rapidly emerging disruptive technologies, only a minority of respondents recognised them as having the potential for major disruptive impact.

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Up to 800 million jobs will be displaced by automation over next 13 years, claims McKinsey report

Up to 800 million jobs will be displaced by automation over next 13 years, claims McKinsey report

Up to 800 million workers worldwide may find their jobs disrupted and displaced by robots and automation by 2030, around a fifth of the global labour force, according to a new report covering 46 nations and over 800 occupations carried out by McKinsey & Co. The report claims that all countries and nearly all roles will be affected to some degree. Even at the lower end of the forecast, 400 million workers could still find themselves displaced by automation and would need to find new jobs over the next 13 years. According to the study, only 5 percent of job roles consist of activities that can be fully automated. However, in about 60 percent of occupations, at least one-third of the constituent activities can be automated, implying substantial workplace transformations and changes for all workers.

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How do you really go about creating a great place to work?

How do you really go about creating a great place to work?

The topic of workplace wellbeing is becoming increasingly prevalent. And for good reason. In the UK, 45 million working days are lost due to stress, anxiety and depression and the Chartered Institute of Personnel and Development (CIPD) Absence Management survey reveals that over two fifths of organisations have seen an increase in reported mental health problems over the last year. What’s more, a recent government report found that up to 300,000 people leave their jobs each year due to mental health-related issues. Last month, Symposium hosted the “Workplace Wellness & Stress Forum 2017”, back for its twelfth year, to help employers step up and tackle the greatest inhibitor of growth, innovation and creativity – stress. Medical professionals have their definition of “stress”, health and safety execs have theirs, and the academic community promulgate another. Forum host Neil Shah, chief de-stressing officer of The Stress Management Society, offered a definition that resonated with the entire audience: “where demand placed on an individual exceeds their resources”.

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There is no clash of the digital and analogue worlds

There is no clash of the digital and analogue worlds

Take no notice of the headline grabbing writers in the media. No battle lines are being drawn up between advocates of the analogue world of the 1960s/70s and those promoting the pioneering ideas for a bold digital 21st century. Despite the rhetoric written about driverless cars, being able to make phone calls by just thinking about who we want to call and the advance of artificial intelligence, we will almost certainly benefit from advances in technology.

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Just five coworkers are the source of all workplace irritations for most people at work, claims study

Just five coworkers are the source of all workplace irritations for most people at work, claims study

A survey of 2,000 US workers carried out by researchers at Olivet Nazarene University in Illinois claims that while everybody get irritated at work at times, for most people the source of those irritations is just a handful of their colleagues. Only 2 percent of respondents claim to find 10 or more of their coworkers irritating.  The healthcare and insurance industries have the highest number of annoying coworkers and 40 percent of the respondents who work in fashion/art and retail claim to be the most annoyed on a regular basis. 48 percent of respondents claim general loudness and complaining, followed by 31 percent who said gossiping and bullying behaviour was most annoying about their colleagues. Respondents in communications and journalism have the most gossipy workplaces, and because those industries are people-centric, discussing others’ business becomes a workplace side effect.

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Workers would be prepared to take a pay cut for an agile working life

Workers would be prepared to take a pay cut for an agile working life

A new survey claims that the ability to accommodate agile working into their life is important, with those who prefer to work agile claiming they would sacrifice an average of 16 percent of their annual salary for the opportunity.In addition to this, 86 percent stated they would even change jobs to accommodate their preference. The report into recruiting for an agile workforce suggests that despite being a relatively new concept, over half surveyed were familiar with it and over 22 percent of those had worked in an agile environment for over two years. However, recruiters claim less than half of the roles they’re working on offer agile, finding it’s most prevalent in the IT sector. The study reveals both recruiters and candidates believe the key attributes for success in agile are being flexible, organised and hardworking. Interestingly, the majority of recruiters believe these are required in advance and cannot be developed on the job. Meanwhile, social qualities (like being introverted or outgoing) or being easy going are less important.

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OECD publishes major new work on measuring the quality of the working environment

OECD publishes major new work on measuring the quality of the working environment

The OECD has published a major new report which it claims set out an internationally agreed set of guidelines to measure the quality of the working environment. The document covers a wide range of factors related to working conditions based on existing data and a survey of workers in 20 OECD countries. These characteristics of the working environment include risk factors, work intensity, discretion, autonomy and the opportunity for self-realisation. The guidelines have been produced as part of the OECD Better Life Initiative, which was launched in 2011 with the objective of measuring wellbeing. The report then goes on to set out guidelines for analysis based on sets of questions based on 17 workplace factors.

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New intellectual property protection initiative launched for workplace and interior design

New intellectual property protection initiative launched for workplace and interior design

The Society of British and International Design (SBID) has launched the SBID Intellectual Property (IPP) initiative to mark the new campaign to prevent IP theft in the interior design industry. Developed in association with TM – Eye, with the aim of assisting the industry to obtain objective evidence of design ownership, the venture updates the archaic discourse on intellectual property in design and will raise awareness of what designers need to do to properly protect their work. The issue is one of stolen ideas after a commercial presentation, without consent or a fee, a problem that has plagued the interior design industry and left owners/creators feeling like they had no legal support to refer to. This could typically be the theft of ideas created in an interior designed space or product. This has not only been an ongoing problem for business investors in all creative sectors of design and manufacture, but also a problem for consumers who are put at risk, completely unaware when they purchase a look-alike product, to find a poorly manufactured copy without tested safety marques that could cause untold damage to property.

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Seven workplace stories that have focused our minds this week

Seven workplace stories that have focused our minds this week

Innovation in real estate: it’s now or never

Is this the office that people really want?

We only have a ten percent chance of making AI safe

Good thinking might be your silver bullet

The once enlightened approach to staff wellbeing and engagement at Barclays

Drones will reshape how we build cities (registration)

Law firms average arrive and leave times

Image: Simon Heath

Employers can Improve staff performance by balancing feedback says CIPD

Employers can Improve staff performance by balancing feedback says CIPD

Line managers can improve the performance of their teams by focussing on building their strengths, rather than trying to fix their weaknesses, claims new research published by the CIPD. ‘Strengths-based performance conversations’ aims to move managers away from a deficit-oriented method, which is focused on identifying and fixing the weaknesses of team members, analysing what has gone wrong and considering how that can be avoided in the future. The new study of performance management outcomes in the civil service shows that that employee performance can be improved by a simple training intervention focused on building strengths instead of fixing weaknesses. These results can be boosted by a more extensive intervention, which includes wider communication and changes to HR policy, as well as manager training.

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Nearly a quarter of UK employees admit to being unproductive at work

Nearly a quarter of UK employees admit to being unproductive at work

Almost a quarter (23 percent) of UK employees rate themselves as ‘unproductive’ at work, equating to seven million of the nation’s total workforce. Perceived productivity slips even further amongst Generation Z employees. When asked to rate their productivity out of ten, with ten being the highest possible number, 28 percent of Generation Z employees gave themselves an ‘unproductive’ score between 0 and 6, compared to the national average of 23 percent. At a time when improving the UK’s labour productivity is high on the agenda, the survey of more than 3,000 UK employees claims there is an untapped opportunity for employers to help boost workforce productivity. However, the research highlights some of the steps businesses can take to increase productivity. This includes both technological, by providing a digital workplace and cultural, by helping to create a successful team environment.

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Businesses exploring potential of AI to improve customer experience and the bottom line

Businesses exploring potential of AI to improve customer experience and the bottom line

Despite the growing interest in the potential of artificial intelligence, there is a sense of confusion amongst business leaders about how it is being used and how to take advantage of its potential. Independent research from SAS claims that while nearly two-thirds (65 percent) of business leaders are convinced AI can generate value for their business, nearly half (46 percent) are being held back by concerns around AI still being in its infancy. Nearly a third (30 percent) of companies are not sure if they are ready for the technology, citing concerns over a lack of required skills (66 percent), ROI (55 percent) and fears over stories of AI malfunctioning (38 percent). Many also expressed reservations over the cost of solutions (39 percent) and lack of trust in the technology (36 percent), reinforcing fears that AI would not deliver sufficient ROI.

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