Search Results for: opportunities

Potential of AI is putting a smile on the faces of optimistic CEOs

Potential of AI is putting a smile on the faces of optimistic CEOs

by • AI, Business, News, Technology

CEOs are embracing artificial intelligence (AI) and investing in reskilling their people to ensure they have the capabilities to successfully exploit new technologies. The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. (more…)

Government scheme will see thousands more people train in technologies like AI

Government scheme will see thousands more people train in technologies like AI

by • AI, News, Technology

Thousands of individuals will receive training and qualifications in cutting-edge technologies like AI as part of new government initiativesThousands of individuals across the UK will receive training and qualifications in cutting-edge technologies like artificial intelligence (AI) as part of new government initiatives. Additionally, other transformative fields such as medicine, 6G, and quantum computing are also part of this initiative. The driving force behind the move is a substantial investment of over £1.1 billion aimed at enhancing the country’s skill base. (more…)

Real estate sector is at a pivot point worldwide, report claims

Real estate sector is at a pivot point worldwide, report claims

by • News, Property

Despite continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a ‘pivot point’, with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate Global Outlook 2024 from PwC and the Urban Land Institute (ULI). The report amalgamates three regional reports, which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific, and is a key indicator of sentiment towards the global real estate investment and development outlook across the globe. (more…)

UNESCO study reveals evidence of regressive stereotypes in LLMs

UNESCO study reveals evidence of regressive stereotypes in LLMs

by • AI, News, Technology, Workplace

To coincide with International Women’s Day, a UNESCO study revealed worrying tendencies in Large Language models (LLM) to produce gender bias, as well as homophobia and racial stereotyping.  Women were described as working in domestic roles far more often than men – four times as often by one model – and were frequently associated with words like “home”, “family” and “children”, while male names were linked to “business”, “executive”, “salary”, and “career”. (more…)

The sector responds to the Spring Budget

The sector responds to the Spring Budget

by • Business, News

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. (more…)

UK businesses risk losing out on top female talent due to ability to support hybrid and flexible working

UK businesses risk losing out on top female talent due to ability to support hybrid and flexible working

by • Flexible working, News

Ahead of International Women’s Day, new data from Ricoh Europe claims that UK and Irish businesses risk losing out on top female talent due to an inability to support workplace flexibility, exacerbated by a lack of technology and fit-for-purpose people policy. The research, conducted by Opinium and analysed by CEBR on behalf of Ricoh Europe, polled 1,000 workers and 250 decision-makers across the UK and Ireland. Insights reveal a significant gender gap in the desire for flexibility and hybrid working arrangements. While both genders see benefits, 10 percent more women, over half (51 percent), agree that hybrid working improves their work-life balance, compared with only 39 percent of men. In addition, 40 percent of women actively seek employers offering hybrid models, a higher percentage than men. (more…)

Hybrid working helps women into senior management roles

Hybrid working helps women into senior management roles

by • Flexible working, News

The widespread adoption of hybrid working has opened the door for women to apply for senior positions within their companiesThe widespread adoption of hybrid working has opened the door for women to apply for senior positions within their companies, according to a new report released ahead of International Women’s Day. IWG’s 2024 report Advancing Equality: Women in the Hybrid Workplace, based on research among more than 1,000 female hybrid workers, found that flexible working had allowed over half (53 percent) to pursue promotions or apply for more senior roles  – which, in an encouraging move for advancing equality, rises to more than three in five (61 percent) of women from minority backgrounds. For almost three quarters (73 percent) of women in minority groups, flexible working has opened up new opportunities that they would not have had otherwise. (more…)

MillerKnoll’s top office fit out trends for 2024

MillerKnoll’s top office fit out trends for 2024

by • Company news, Furniture

The last few years have seen a major shift in how businesses approach their office spaces. With more emphasis on aesthetics, functionality, and employee wellbeing, 2024 will showcase some of the most exciting trends for future-ready workplaces centred on connection, wellbeing and change. As a leader in workplace design, MillerKnoll talks about the top six emerging trends shaping office spaces this year. Based on decades of expertise, MillerKnoll identifies shifting priorities that empower companies embracing conscious design attuned to modern needs. (more…)

Major built environment institutes renew joint pledge to tackle global instability as cities boom 

Major built environment institutes renew joint pledge to tackle global instability as cities boom 

by • Cities, Company news, Environment

major built environment professional institutes, including architects, planners, structural engineers and landscape practitioners, have renewed their joint pledge to collaborate to tackle urgent global challengesWith almost 70 percent of the world’s population predicted to live in cities by 2050, major built environment professional institutes, including architects, planners, structural engineers and landscape practitioners, have renewed their joint pledge to collaborate to tackle urgent global challenges. Members of the UK Built Environment Advisory Group (UKBEAG), a group first launched in 2016 comprising the Royal Institute of British Architects (RIBA), the Royal Town Planning Institute (RTPI), the Institution of Structural Engineers (IStructE) and the Landscape Institute (LI), have committed to work together for at least another 5 years.  (more…)

People who don’t work at a desk feel much less loved than those who do

People who don’t work at a desk feel much less loved than those who do

by • News, Wellbeing, Workplace

The UK’s ‘deskless’ workers feel considerably less valued at work than their desk-based colleagues. Just 43 per cent of UK deskless workers admit to feeling seen, valued and appreciated compared to 61 per cent of desk-based corporate employees. These are the findings from O.C. Tanner’s 2024 Global Culture Report which have been released to coincide with Employee Appreciation Day (1 March 2024). (more…)

The hybrid working office: ushering in a new era for the workspace

The hybrid working office: ushering in a new era for the workspace

by • Comment, Flexible working, Workplace design

The increased adoption of hybrid working has led to a significant change in the way that people view a workplaceLife after COVID has led to a significant change in the way that people view a workplace. Working from home on a regular basis has become typical, not ad hoc or as required. Commuting five days a week to attend an office is no longer the norm and on the whole is no longer demanded – rather, we have seen organisations adopt hybrid working. This has meant the rationale for a physical office workspace has come under considerable scrutiny. Some organisations have gone as far as being completely remote and have released all office real estate. (more…)

We need to talk about loneliness

We need to talk about loneliness

by • Company news, Wellbeing

From a business perspective, loneliness can be something that is often overlooked, particularly with the growing trend of hybrid workingLast year the World Health Organization (WHO) declared that loneliness is a pressing global health threat. Research has shown that it poses the same health risk as 15 cigarettes a day. According to the ONS, between January and February 2024, one in four adults in the UK reported feeling lonely. The government estimates the cost of severe loneliness per person is roughly £10,000 per year as a result of its impact on wellbeing, health and productivity. From a business perspective, this issue can be something that is often overlooked, particularly with the growing trend of hybrid working. In a connected workplace, employees feel valued, supported, and motivated to contribute their best. (more…)

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