Search Results for: opportunities

Automation and data need radically new systems of governance according to scientists

Automation and data need radically new systems of governance according to scientists 0

automationThe current framework for governing automation and the management and use of data cannot keep pace with technological advances, according to a new report by the Royal Society and the British Academy. The report calls for the establishment of a new, independent body to steward an overall framework that can safeguard public confidence and ensure that the potential benefits of data use such as improved public services, better healthcare and business innovation are fully realised. The two National Academies convened leading figures from the Sciences, Humanities and Social Sciences to undertake a detailed review of the current governance landscape for data usage and management. Data Management and Use: Governance in the 21st Century found that data usage, data collection and management are increasingly intertwined, and new ways of using data make it difficult to define which data is sensitive.  It found that, while the current governance architecture provides a lot of what is needed to deal with these challenges, there are clear gaps and too many silos, such that tensions between how individual and collective benefits and risks are negotiated are not always identified and addressed in a transparent and inclusive way.

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The onus is on employers to create working conditions that attract people

The onus is on employers to create working conditions that attract people 0

Staff absenteeism is one of the most costly issues facing employers in the modern workplace. Absenteeism is defined commonly as an unscheduled, deliberate or routine absence from the workplace by employees. According to a new study by the Centre for Economic and Business Research (CEBR), people who regularly take days off are costing the UK economy billions each year, with the toll set to rise considerably over the next decade and potentially rising to £26bn by 2030.  The report also found that mental health issues are affecting 30-40 year olds who have to juggle various things such as home life, financial constraint and pressures from their day jobs and respective careers. Another recent study by AXA PPP healthcare found that over a third of employees living with a mental health condition (39 percent) are not open about it in the workplace. These findings highlight a clear disconnect between how employees are feeling and what their employers understand to be their state of mind.

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Majority of new managers are unprepared and unable to manage their teams

Majority of new managers are unprepared and unable to manage their teams 0

Businesses across the UK could be experiencing significant losses in productivity because managers are unprepared and unable to manage their teams new research suggests. The research which was carried out by chartered fellow of the CIPD Susan Binnersley MD of development consultancy H2H, found that a majority (77.42 percent) of managers didn’t feel prepared to take on their first management role. Only 21.5 percent of people felt they had the full support of their manager when taking over a team and 69 percent admit they spent the majority of their time not managing their team in their first management role. This gets worse over time with 74 percent saying they now spend majority of their time not managing their team today; 81 percent say this is because they spend a large part of their time doing tasks their team should be responsible for. The majority (72 percent) claim this is because they want to lead by example but more than half (51 percent) admit they feel the task if done quicker if they do it. Managers also admit struggling with delegation, with 35 percent saying the struggled to let go of control, 35 percent saying they didn’t feel they had the resources and 29 percent saying it didn’t feel fair to ask someone to do the task.

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CoreNet Global to explore ‘Transcending Boundaries’ at EMEA Summit

CoreNet Global to explore ‘Transcending Boundaries’ at EMEA Summit 0

The CoreNet Global EMEA Summit will return to London in September 2017 for the fifth time, bringing together leading figures from the corporate real estate (CRE) profession to discuss how CRE can add value and be a true strategic advisor in today’s dynamic, rapidly changing environment. Under the theme Blurring the Lines: Transcending Boundaries, the summit will explore a range of shifts that demand transformational thinking and integrated solutions. In a world of continual and disruptive change, the summit will assist in identifying how CRE professionals can transcend traditional boundaries to uncover new opportunities. The three-day event will provide a wide variety of engaging and educational sessions, including keynote presentations from some of the profession’s most innovative thinkers, interactive seminars where attendees will be able to test new technologies and learn from one another’s experiences, networking sessions and dedicated teaching workshops.

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Digital tech is fastest growing sector in Scotland, claims report

Digital tech is fastest growing sector in Scotland, claims report 0

The digital technology sector is forecast to grow twice as fast as the Scottish economy overall in the years to 2024, according to research published by Skills Development Scotland and the Digital Technologies Skills Group. This growth is ‘creating unprecedented demand for digital skills with employers across all sectors seeking to harness the benefits of technology to drive innovation and increase competitiveness’. The new publication, Scotland’s Digital Technologies, found that digital tech was the fastest growing sector of the economy accounting for five percent of Scotland’s total business base and employing two per cent of the national workforce.

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Neuroscience: the next great source of competitive advantage

Neuroscience: the next great source of competitive advantage 0

The average worker is interrupted or distracted every three minutes and it takes them fully twenty-three minutes to return to a task after being interrupted. Office workers are overwhelmed by distractions, due mainly to a lack of understanding of how to manage attention. Distractions and the inability to focus negatively affects productivity, engagement, wellbeing and overall performance in organisations. We long to be more effective, but the harder we try, the more tired our brains become. Attention meltdowns are epidemic because workers do not understand what attention is, how to manage it or have access to the best places to support their tasks. In workplaces throughout the world scenarios of near constant distraction have become the norm, to such an extent that often people do not even feel compelled to comment on them and their consequences.

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Firms still paying lip service to digital transformation, but change may be coming

Firms still paying lip service to digital transformation, but change may be coming 0

Britain’s biggest businesses risk being disrupted by the pace of technological change because their senior leaders are paying lip service to the need for digital transformation, according to a study from tech startup AVADO. The study of senior managers responsible for the learning and development (L&D) of staff at Britain’s biggest firms with turnovers of over £100m found that the need for digital transformation is accepted, almost universally, among respondents. 86 percent say they have assessed the business risk of not taking action and 88 percent have taken steps to address this. Yet, despite 93 percent of L&D professionals saying a digital transformation strategy is in place, the report suggests critical top down buy-in is missing. Yet, a second report from recruiters Robert Half suggests that a growing number of firms in the key finance sector are now actively recruiting to improve their digital transformation strategy.

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3D printing and Virtual Reality could reduce waste in design and construction says BCO

3D printing and Virtual Reality could reduce waste in design and construction says BCO 0

3D printing and Virtual Reality could reduce waste in design and construction

Digital technologies such as Virtual Reality (VR) and 3D printing could help reduce waste during a design and construction project, suggests a new report from the British Council for Offices (BCO). “Virtual Reality and 3D Printing – Reducing waste in office construction through new technology” reviews the existing applications of these technologies and their ability to mitigate waste during the design and construction process. The report, which is the result of a collaboration between an international team of multi-disciplinary experts also identifies opportunities and challenges for the technology in the future. According to the authors, if the UK construction industry is to come anywhere close to achieving the ambitious targets set out in the Government’s 2025 construction strategy there needs to be a sensible re-think about how we design, procure and construct buildings in the future; and two technologies that are now reaching maturity and could help are VR and 3D printing.

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Millennials most likely to have left their jobs by the end of this month 0

An exodus of staff is expected at the end of June, claims a new study which predicts that 36 percent of employees will have left their jobs by the end of this month. Research from Robert Half UK entitled: ‘It’s time we all work happy: The secrets of the happiest companies and employees’ finds employees in London and the East of England are most likely to have left their roles by the end of June with nearly half of Londoners (49 percent) and 42 percent of those in cities like Cambridge, Norwich and Peterborough admitting they anticipate quitting their jobs in the first six months of the year. This trend is being driven by the millennial generation (aged 18–34), who despite experiencing above average levels of happiness (71.7) and interest (71.3) in their roles, are more likely to have left their jobs (49 percent) compared to a third of 35–54 year old’s and a fifth (21 percent) of those aged over 55. More →

Workplace wellbeing is now embedded in the very bricks and mortar of the building

Workplace wellbeing is now embedded in the very bricks and mortar of the building 0

For some time now, the debate about how the workplace adds to the bottom line of an organisation has focused increasingly on the subject of wellbeing. There are plenty of good reasons for this, with the issue subject to both the push of employers as well as the pull of employees. Everybody thinks it’s a good idea and it’s easy to see why. Wellbeing is about business ethics, recruitment and retention, productivity, physical and mental health, work-life balance, absenteeism and the management of a flexible workforce, and all the other things that underpin the success and health of an organisation and each individual. It suggests a more positive approach to the workplace than either health & safety or occupational health, both of which remain disciplines more focused on reducing risk and harm than promoting positive outcomes, as is the case with wellbeing. Neither is it about something as raw and nebulous as productivity, which remains difficult and even impossible to measure for knowledge and creative workers and only offers a single dimension on a key workplace issue anyway.

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Job polarisation is being driven by lack of access to technological skills, warns OECD

Job polarisation is being driven by lack of access to technological skills, warns OECD 0

productivityThe employment rate throughout OECD areas is finally returning to pre-crisis levels, but people on low and middle incomes have seen their wages stagnate and share of middle-skilled jobs fall. This is according to the latest OECD Employment Outlook 2017 which finds that the employed share of the population aged 15 to 74 years rose for the third consecutive year, and is expected to reach 61.5 percent by the end of 2018, above its peak of 60.9 percent in the fourth quarter of 2007. Its projections for the UK’s economy for 2017-18 anticipate that growth will ease as rising inflation weighs on real incomes and consumption, but business investment will weaken amidst uncertainty about the United Kingdom’s future trading relations with its partners.

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Climate change demands a rethink for our economic models

Climate change demands a rethink for our economic models 0

Swift and effective action is needed to create new, sustainable economic models to mitigate the adverse effects of climate change on the world’s working population, claims a report published by the International Bar Association Global Employment Institute (IBA GEI). The Climate Change and Human Resources Policies Report focuses on the relationship between climate change and employment, and aims to contribute to nascent discussions anticipating structural changes to business and the training needs of workforces transitioning to low-carbon economies. The report also highlights potential issues in relation to employment policies, labour law, ‘weak’ jobs, ‘expanding’ jobs and new jobs. Further, it draws attention to what some countries are doing to help their nations’ employees adjust to industrial change, and how trade unions, employers and educators are working together to deliver green skills training.

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