Search Results for: skills

London Tech Week kicks off with new Government announcements on future of tech

London Tech Week kicks off with new Government announcements on future of tech

london tech weekThe Government’s review into the future of computing and its new UK Digital Strategy were unveiled at the start of London Tech Week as the world’s technology leaders, founders and next generation of tech superstars gather in the capital to collaborate on the future of the industry. Opening day speakers included Darktrace CEO Poppy Gustafsson, Darren Hardman, VP & General Manager, AWS, Theo Blackwell MBE in conversation with New York City’s CTO Matt Fraser, Klarna CEO Sebastian Siemi?tkowski and The Body Coach CEO & Creative Director Nikki Wicks. (more…)

One in five people have started a ‘side hustle’ in the last two years

One in five people have started a ‘side hustle’ in the last two years

side hustleOne in five (19 percent) adults in the UK have started a ‘side hustle’ since March 2020 and, almost one in six  (16 percent) claim to earn upwards of £1,000 a month from their new venture, according to new research from Aviva. Just under two thirds (63 percent) of those who started a side hustle since March 2020, the equivalent of 6.49 million people, are still active in them today. 37 percent have returned to their day jobs being their main source of income now that lockdowns are over and normality has ensued. (more…)

Digital transformation of small businesses could provide massive economic boost

Digital transformation of small businesses could provide massive economic boost

digital transformationThe new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. (more…)

Strategic workforce planning blocked by lack of data and defined employee responsibilities

Strategic workforce planning blocked by lack of data and defined employee responsibilities

strategic workforce planningPoor data quality and a lack of clearly defined roles and responsibilities within the organisation are amongst the key challenges management faces when implementing vital strategic workforce planning (SWP), according to new academic research. The researchers also claim that a lack of methodology to execute a strategic workforce plan and the lack of support across all organisational units of the firm were contributing to a slower and less efficient strategic workforce planning. (more…)

Recruitment challenges are rooted in geopolitical unrest

Recruitment challenges are rooted in geopolitical unrest

recruitment challengesAccording to a new poll from SumTotal Systems 60 percent of learning and development professionals think the current wave of recruitment challenges have their roots in wider political and economic  upheavals. The report also claims that 65 percent of L&D professionals are concerned about their organisation’s ability to meet skills demand over the next 24 months, given the current UK economic outlook. (more…)

Over-50s urged to return to work to deal with staff shortages

Over-50s urged to return to work to deal with staff shortages

over-50sThe British Chambers of Commerce has said employers and the Government need to work together to bring older people back into the workforce. According to ONS data,  around 500,000 older people have left the workforce in recent years, many of them prompted to do so by the pandemic. The number of over-50s who aren’t working or currently looking for work rose by 493,000 between October 2019 and December 2021. According to the Office for National Statistics, one in five did so due to stress or other mental health concerns. (more…)

Younger workers want flexible working, but are sceptical of remote

Younger workers want flexible working, but are sceptical of remote

flexible workingWhile remote and flexible working roles continue to grow in almost all countries, 20-24 year olds are the age group making the fewest applications to fully remote roles, claims a new poll from LinkedIn.  LinkedIn analysed the labour market for career starters in the U.S., U.K, France and Germany – including job applications and hiring data – to understand which sectors offer the most opportunity for Gen Z job-seekers and employers looking to attract them. (more…)

Despite low productivity, UK firms still don’t look for ways to improve on past performance

Despite low productivity, UK firms still don’t look for ways to improve on past performance

low productivity

Despite the UK’s persistent low productivity, less than a fifth of business owners are actively looking back at projects to identify areas for improvement. A large proportion of business owners (65 per cent) and senior managers (82 per cent) have increased their use of project-based methods on everyday tasks, such as introducing measures to identify and manage risk. Despite this, many are still failing to assign enough dedicated project managers to the work. New research from the Association for Project Management (APM)  claims that only 35 per cent of senior managers who participated in the survey regularly assign dedicated project managers to tasks, and only a quarter for business owners. (more…)

Future Shock: a message from the past that defines the present

Future Shock: a message from the past that defines the present 1

We are all futurologists now. We all have our 2020 visions, at least for a little while. But there was a time, not so long ago, when the title was reserved for a few people who would be able to shake and shape the world with a single idea and a book. Yes, a book. Nowadays a book has to go hand in hand with a Ted Talk, blogs on the Huff Post and a speaking tour to get you anywhere at all. But within living memory it was possible to shift the thinking of the planet with a book. (more…)

Competition for talent is fierce, but employers edge away from pay to attract people

Competition for talent is fierce, but employers edge away from pay to attract people

competition for talentNew CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. (more…)

Human resources professionals should focus on boardroom partnerships

Human resources professionals should focus on boardroom partnerships

human resources partnershipsThe future of Human Resources remains a hotly debated topic, with conversations often focusing on whether the term is still accurate and how internal and external changes often put HR in a state of flux. As working models shift and new post-pandemic challenges emerge, the focus should be on what skills today’s HR leaders need to support the business and ensure its continuity and success in an evolving landscape. This includes embracing imminent changes to the HR strategy to develop additional skills and capabilities whilst ensuring compliance with new regulations, overcoming staff shortages and meeting heightened candidate expectations. (more…)

Flat organisations are handing out inflated job titles to hang on to staff

Flat organisations are handing out inflated job titles to hang on to staff

job titlesWe’ve seen more talk of the glass ceiling in recent years than for some time, and part of the explanation is the way we’re creating false career ladders within businesses which don’t need to be there and don’t really lead anywhere. We are seeing companies trying to retain people in a time of skills shortages and one of the ways they are going about it is to accelerate ‘promotions’ within organisations for individuals to encourage them to stay. And some of these promotions do not involve much more than the creation of inflated job titles. (more…)