Search Results for: risk

The best leaders invite people to challenge them … and don’t punish them when they do

The best leaders invite people to challenge them … and don’t punish them when they do

by • Business, News

Leaders should foster a culture of positive, constructive challenge, which can help mitigate risks and improve decision makingLeaders should foster a culture of positive, constructive challenge, which can help mitigate risks and improve decision making, according to experts at Imperial College Business School. In a new white paper, researchers from Imperial’s Centre for Responsible Leadership analysed the strategies that leaders can implement to successfully elicit challenge from their teams. The paper contains key lessons and evidence-based recommendations for leaders to encourage challenge, that can be applied to a wide range of organisations. (more…)

How generative AI is shaping a new landscape for creativity

How generative AI is shaping a new landscape for creativity

by • AI, Comment

 

The impact of generative AI on creative workflows is challenging, profound and multifaceted, writes Chris Hewish Every significant leap in technology has promised more than it has delivered. Or, perhaps more accurately, it has delivered something different from what was promised. When automation began infiltrating manufacturing in the 19th century, there was widespread fear that it would render human labour obsolete. Instead, it transformed the nature of work, creating new categories of jobs and even eradicating others. The digital revolution of the late 20th century followed a similar trajectory. It shifted the burden of tasks, spawned entirely new industries, and necessitated new skill sets. (more…)

European banks are over-valuing commercial property, ECB report suggests

European banks are over-valuing commercial property, ECB report suggests

by • News, Property

 

An analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone's leading banks may be inflating the value of commercial propertyAn analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone’s leading banks may be inflating the value of commercial property, potentially obscuring the true state of their loan portfolios in a sector that is facing significant challenges. The analysis suggests that some banks are failing to properly account for the steep downturn in the commercial property market, which has been severely impacted by higher borrowing costs and weakened demand as businesses adjust to the post-pandemic economic landscape. (more…)

How can companies address the skills gap and ongoing talent shortage in their industry?

How can companies address the skills gap and ongoing talent shortage in their industry?

by • Company news

 

Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent and bridge the skills gapThe modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation. Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent. (more…)

A large pay gap between business leaders and staff is bad news for businesses

A large pay gap between business leaders and staff is bad news for businesses

by • News, Workplace

Employees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership rolesEmployees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership roles, a new study shows. The ‘vertical pay gap’ between leaders and other employees has been found to have risen markedly over the past five decades. (more…)

Shortage of high-quality data threatens the AI ‘boom’

Shortage of high-quality data threatens the AI ‘boom’

by • AI, News

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threaten the AI ‘boom’, according to a new white paper from the Open Data InstituteA number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024. It claims to identify significant weaknesses in the UK’s technological infrastructure that threaten the predicted potential gains – for people, society, and the economy – from the surge of interest in artificial intelligence and its applications. It also outlines the ODI’s recommendations for creating diverse, fair data-centric AI. (more…)

If you offer people universal basic income, they work less but have more choice, study finds

If you offer people universal basic income, they work less but have more choice, study finds

by • News, Workplace

A new study from the Open Research Lab found that while unconditional cash transfers such as universal basic income slightly reduced employment rates and work hours, they increased the financial stability and agency of recipientsA new study from the Open Research Lab found that while unconditional cash transfers such as universal basic income slightly reduced employment rates and work hours, they increased the financial stability and agency of recipients. People were 2 percent less likely to be employed and worked 1.3 fewer hours weekly but had higher incomes when including the cash transfers. The financial support allowed individuals to pursue education, caregiving, health improvements, and more meaningful work. Overall, cash transfers provided recipients with the flexibility to make employment decisions aligned with their personal goals and circumstances. (more…)

Generative AI is scraping vast amounts of regulated sensitive data from organisations

Generative AI is scraping vast amounts of regulated sensitive data from organisations

by • AI, News

According to a new study published by Netskope, regulated data (data that organisations have a legal duty to protect) makes up more than a third of the sensitive data being shared with generative AI (genAI) applicationsAccording to a new study published by Netskope, regulated data (data that organisations have a legal duty to protect) makes up more than a third of the sensitive data being shared with generative AI (genAI) applications—presenting a potential risk to businesses of costly data breaches. The new Netskope Threat Labs research claims to reveal that three-quarters of businesses surveyed now completely block at least one genAI app, which reflects the desire by enterprise technology leaders to limit the risk of sensitive data exfiltration. (more…)

People are cautiously optimistic about the impact of AI and other tech

People are cautiously optimistic about the impact of AI and other tech

by • AI, News, Technology, Wellbeing

both employers and employees are optimistic about the impact new technologies, such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) will have on their workplace – even though decision makers feel more optimistic than staffEmployers and staff are optimistic about impact of new technologies, despite uncertainty about safety according to a new British Safety Council survey. The YouGov survey commissioned by British Safety Council among 4018 UK employers and employees claims that both employers and employees are optimistic about the impact new technologies, such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) will have on their workplace – even though decision makers feel more optimistic than staff. (more…)

Book review – Working Assumptions by Julia Hobsbawm

Book review – Working Assumptions by Julia Hobsbawm

by • Comment, Facilities management, Flexible working, Workplace design

This is almost certainly the most important book about work and workplaces to appear in the first half of this year. Working Assumptions by Julia Hobsbawm will be one of the two most important published this year, as we shall soon discover. It is also one packed with wisdom, knowledge and a central premise that is undoubtedly true. Namely that the events of the past four years have given us the opportunity to rethink how we work and so how we spend our days and our lives more generally. (more…)

Top careers with a master’s degree in public health

Top careers with a master’s degree in public health

by • Company news

Choosing to pursue a master’s degree in public health can open doors to a dynamic range of career opportunities that contribute meaningfully to society. These careers span across various facets of health, including data analysis, policy development, and direct community intervention. With the increasing complexity of public health challenges, professionals with advanced degrees are more in demand than ever. Individuals equipped with a higher level of knowledge and expertise are poised to take leadership roles in tackling these challenges head-on. In this article, we will discuss the promising career paths that a Master’s in Public Health can lead to. (more…)

CIBSE announces new future focussed building performance project

CIBSE announces new future focussed building performance project

by • Environment, Facilities management, News

CIBSE has launched Building Performance Reimagined, a project aimed at transforming the landscape of building engineering and sustainabilityCIBSE has launched what it claims is a ground-breaking initiative titled Building Performance Reimagined [registration], a project aimed at transforming the landscape of building engineering and sustainability. Commissioned by CIBSE and researched by Arup, the Building Performance Reimagined project diverges from conventional engineering paradigms. Rather than focusing solely on system sizing, maintenance or controls, the initiative takes a holistic, future-oriented perspective on building performance. (more…)

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