Search Results for: skills

February 29, 2024

Business leaders struggling to navigate rapid change, report claims

by Marvin Gort • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. (more…)

February 29, 2024

People overestimate their ability to handle unknown situations

by Neil Franklin • Business, News

New research suggests that people tend to be overconfident in their ability to handle unknown situations, which has implications for business and entrepreneurship. A team of international researchers has shared findings on what they describe as overconfident behaviour, which can lead to negative outcomes in business and personal decision-making. Professor Mohammed Abdellaoui, lead researcher and professor at HEC Paris, and colleagues including Han Bleichrodt from the University of Alicante, Spain, and Cédric Gutierrez from Bocconi University in Italy, revealed that our own attitudes to uncertainty play a role in how we assess our own abilities. (more…)

February 12, 2024

Most firms don’t have AI guidance in place for internal comms

by Neil Franklin • AI, News, Technology, Workplace

Over two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communications, according to Gallagher’s 2023/24 State of the Sector report [registration]. Furthermore, the study, which drew insights from more than 2,300 communication and HR leaders across 56 countries, claims that 1 in 10 communicators (13 percent) were unsure if their organisation was using AI. (more…)

February 7, 2024

London must take better decisions on whether to retrofit its buildings

by Neil Franklin • Environment, Facilities management, News, Property

The London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for both. In London, buildings account for an estimated 68 per cent of the city’s carbon emissions. These emissions arise from the construction, operation, and demolition of buildings. The report claims that, if London is to meet the Mayor’s 2030 net zero target, there is an urgent need to reduce emissions from buildings and to retrofit both housing and commercial stock. (more…)

January 26, 2024

Age gaps between colleagues linked to lower productivity

by Jayne Smith • News

Employees who are much younger than their managers report lower productivity than those closer in age due to a lack of collaboration between employees of different generations, according to new research from the London School of Economics and Political Science (LSE) in collaboration with consulting firm, Protiviti. An external survey conducted by LSE of 1,450 employees in the finance, technology and professional services industries in the UK and USA, found that friction between different generations was driving down productivity and that firms need to develop intergenerationally inclusive work practices. (more…)

January 25, 2024

Motherhood penalty means many women in tech leave due to care responsibilities

by Jayne Smith • Flexible working, News, Workplace

Almost 40 per cent of female tech leavers cited caring commitments as a decisive factor in their decision to leave the industry, according to research by Tech Talent Charter. Work life balance was ranked the most important consideration, as working parents are juggling careers and full-time caring commitments, prompting the Tech Talent Charter and MotherBoard Charter to join forces to address maternity retention in tech. Women who have flexible working arrangements have a significantly higher retention than those who didn’t. These findings emphasise the damage that the ‘motherhood penalty’ has on the tech industry and its ability to keep women working within it. (more…)

January 18, 2024

Workplace piffle, humane design and throwing away the blank slate

by Mark Eltringham • Comment, Technology, Wellbeing, Workplace design

The piece I wrote on workplace bullshit came in for quite a bit of attention when it was published and also meant I was pointed to this excellent article on how to spot it when you see it. Lots is said about the skills we’ll need to cope with the challenges of the current Century, but this is perhaps one of the most important. Especially trying to spot it in ourselves. Paradoxically, but understandably, we already seem reasonably able to spot it in our politicians and other people we don’t quite trust. (more…)

January 17, 2024

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

by Neil Franklin • AI, Business, News, Technology

The 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…)

January 17, 2024

Many employers don’t think GenZ are well prepared for the workplace

by Jayne Smith • News

A new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. (more…)

January 15, 2024

AI roles now make up over a quarter of all tech jobs advertised in the UK

by Neil Franklin • AI, News, Technology

AI-focused roles now make up 27 percent of all tech jobs being advertised in the UK, according to a new report from Thomson Reuters. An analysis of 6,073 live tech roles advertised online in January 2024 found that 1,652 roles fundamentally required AI skills. Demand for talent with relevant skills has boomed in the last year with the rise of generative AI tools offering significant boosts to productivity and efficiency in the workplace. (more…)

January 11, 2024

(As always) two-fifths of people say they are planning to change jobs this year

by Neil Franklin • News, Workplace

Nobody seems to be calling it The Great Resignation any more, but two-fifths (40 percent) of the UK workforce are planning to move jobs in 2024, with one in six already beginning their search as staff look to boost their pay packet, according to the latest Candidate Sentiment Survey statistics produced by recruitment firm Robert Half. The survey’s authors claim these statistics demonstrate the resilience of the labour market as more candidates look to capitalise on skills shortages to boost earnings. Those aged 18-34 are more likely to move roles than any other age group (56 percent). (more…)

December 19, 2023

Flexible working is delivering the gift of seasonal productivity

by Frank Weishaupt • Comment, Flexible working, Technology

Employees have made it clear that they are keen for flexible working arrangements to stay. In fact, according to the Owl Labs 2023 State of Hybrid Work report, 40 percent of employees would decline a job if they were required to be in the office five days a week. With the festive season in full swing, employees will look to utilise the benefits of flexible working as they return home to their families. (more…)