Search Results for: opportunities

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by • AI, Business, News, Technology

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. (more…)

Over one quarter of employees do not trust their CEO to be honest and transparent

Over one quarter of employees do not trust their CEO to be honest and transparent

by • News, Workplace

A new poll claims that over one quarter (26 percent) of employees in the UK do not trust their CEO to be open and honest, while 24 percent do not trust their senior leadership to do the same. According to the survey of 2,000 employees in the UK from Personio, transparency and employer-employee communication are pivotal to a positive employee experience and trust in the workplace. The research suggests that feeling unheard by leadership could be fuelling employees’ distrust. Over a quarter (28 percent) of employees surveyed say that they are not given a chance to share feedback to leadership on their experiences. Meanwhile, less than half (46 percent) of employees feel that leadership in their organisation actually listens and acts on any feedback when given from staff. (more…)

European furniture giant Flokk announces acquisition of US based Stylex

European furniture giant Flokk announces acquisition of US based Stylex

by • Company news, Furniture

Stylex, a design-driven American commercial furnishings manufacturer is the latest acquisition by Flokk, the European office seating and furniture manufacturerStylex, a design-driven American commercial furnishings manufacturer is the latest acquisition by Flokk, the European office seating and furniture manufacturer. The purchase – expected to close on January 31, 2024 – comes at a pivotal moment, solidifying Flokk’s presence in the U.S. market and making Stylex part of Flokk’s global portfolio of brands. (more…)

For all its flaws, COP28 still gives us a route to a greener future

For all its flaws, COP28 still gives us a route to a greener future

by • Company news, Environment

As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future.As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future. The UAE played host to two weeks of debate over climate change as COP28 recently rolled into town. While some questioned this region’s suitability – it being a centre of the fossil fuel industry – perhaps there is an argument to be made that this is exactly where you should hold it – to bring the issues into sharp relief. (more…)

Workspace Design Show Amsterdam proves a great success

Workspace Design Show Amsterdam proves a great success

by • Company news

The inaugural Workspace Design Show in Amsterdam brought together Benelux’s leading designers, architects, end-user occupiers to discuss the dynamic landscape of workspace interiorsThe inaugural Workspace Design Show in Amsterdam brought together Benelux’s leading designers, architects, end-user occupiers to discuss the dynamic landscape of workspace interiors, revealing key opportunities and gauging the pulse of current workplace trends. The two day event in October was a huge success, both in numbers and in terms of exhibitor and visitor sentiment. Building on the success of the Workspace Design Show in London, the new event highlighted how much appetite there is across Europe for people to come together to share ideas about the new and emerging workplace. (more…)

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

by • AI, News, Technology

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. (more…)

Flexible workplace provider creates ‘first ever’ metaverse office

Flexible workplace provider creates ‘first ever’ metaverse office

by • Company news

The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverseThe flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus.  According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout spaces, call zones and a contemplation room. (more…)

Women value work-life balance more than men – unless they are a manager

Women value work-life balance more than men – unless they are a manager

by • News, Wellbeing

Women value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new researchWomen value their work-life balance much more than men do when at a junior-level on average, but not at the managerial-level, according to new research by Durham University Business School. The researchers also found that women on the whole were much less satisfied within their job roles than male colleagues who held the same positions. (more…)

Tailored workplace management for modern organisations

Tailored workplace management for modern organisations

by • Comment, Technology, Workplace design

Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority.Workplace management used to be a secondary concern for organisations in the past, but it has now become a top priority. The COVID-19 pandemic has accelerated the process of digital transformation, leading to the implementation of new processes and technologies that focus on facilitating remote and at-home work. As a result of these changes, organisations have recognized the importance of finding a balance in their work environments. (more…)

Flexible workspace market will be worth up to $50bn by end of decade

Flexible workspace market will be worth up to $50bn by end of decade

by • Flexible working, News, Property

The worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environmentsAccording to a new market intelligence report, the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The report claims that the escalating demand for flexible workspaces is on the rise, propelled by a heightened desire for convenience and comfort in prime locations such as offices and auditoriums. (more…)

One year on from generative AI hype, people are scared and excited about its use

One year on from generative AI hype, people are scared and excited about its use

by • AI, News, Technology

Nearly one year after ChatGPT burst into the public consciousness, generative AI (GenAI) has left employees and their organisations both excited and uneasyNearly one year after ChatGPT burst into the public consciousness, generative AI (GenAI) has left employees and their organisations both excited and uneasy. According to a recent study [registration] commissioned by Betterworks and conducted by Propeller Insights, over half of employees are using GenAI at work for complex activities and believe it has the potential to reduce bias across a swath of HR processes, despite the fact that only 41 percent of organisations are actively evaluating it or have made GenAI a priority. At the same time, many employees are concerned about the potential impact of GenAI on both their roles and the possibility of unintentional amplification of bias. (more…)

Can smart glasses be the key to unlocking productivity in the workplace?

Can smart glasses be the key to unlocking productivity in the workplace?

by • Company news

One of the emerging tools showing immense promise for improving productivity is smart glassesTechnology is the foremost resource for shaping the world—and in the modern workplace, it’s crucial for keeping brands competitive in an increasingly fast-paced business environment. Our article “Why new technologies still make employees happier, healthier, and more efficient” explains that technology must meet increasingly agile strategies like remote work. In these cases, it can help optimise manpower and productivity. As a result, 70 percent of firms believe new technologies improve business resilience. One of the emerging tools showing immense promise for improving productivity is smart glasses. (more…)

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