Search Results for: skills

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   (more…)

Cultivating a culture of personal development can supercharge performance

Cultivating a culture of personal development can supercharge performance

We all want success. You started a business because you had a dream. Maybe you wanted to change the world. Maybe you wanted to fulfil a childhood ambition. Or maybe you just want to make parents proud. Whatever that reason may be, you started a venture that was, yes, risky and scary at times. But a safe journey wasn’t an option anyway, we know. To achieve the fulfilment of the dream though, you need a team with you. You need to surround yourself with the best people in the field. You need people who know more than you, are better than you. Because in today’s world, competition is fiercer. You are not anymore competing against locals. The game has become global. It has, therefore, become necessary to never stop innovating.

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Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOsThe rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.

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What is in a name for the UK facilities management sector?

What is in a name for the UK facilities management sector?

Westminster. Home to fiery debate, unwavering scrutiny, calls for change, and cries of “Order! Order!”. Once again, RICS’s HQ, on Parliament Square, was jam-packed with a passionate and feisty crowd, panellists and audience alike, all set on pushing the industry conversation forward. While some were keen to maintain order during FMJ’s most recent RICS-IFMA debate concerning facility management’s place in the 21st century, others were set on redefining FM in order to pinpoint what this yet unestablished definition means for the future of the profession.

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The workplace world responds to the UK Autumn Budget

The workplace world responds to the UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

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The jobs of the future that will survive the AI revolution

The jobs of the future that will survive the AI revolution

While the debate rages on about the exact consequences of the use of automation in the workplace,  IT firm Cognizant has identified what it claims are the jobs of the future. Of the jobs Cognizant tracks, 45 actually exist today, such as data scientist and aerospace engineer. The other five are “proxy” jobs, the key characteristics of which the report sets out to define.

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Female graduates have lower salary expectations than male counterparts

Female graduates have lower salary expectations than male counterparts

Female graduates have lower salary expectations than men

Impostor syndrome is holding female graduates back from earning as much as their male counterparts as new research from Milkround claims that women have lower salary expectations than men, with one third thinking they’ll earn under £20k. Despite a third of graduate’s belief that confidence is the top skill they need to excel in their career, a lack of confidence is holding back more women (41 percent) than men (28 percent). One in three (33 percent) women are worried about low pay and think they’ll earn under £20k in an entry level role, compared to less than a quarter (22 percent) of their male counterparts. (more…)

Cultural attitudes define the race for 5G connectivity as Germany and Holland inch ahead

Cultural attitudes define the race for 5G connectivity as Germany and Holland inch ahead

New research commissioned by international law firm Osborne Clarke claims that businesses in Germany and the Netherlands could be leading the global race to embrace next-generation 5G connectivity. The Next Generation Connectivity research of executives and managers from 11 countries, conducted by the Economist Intelligence Unit, also claims that approaches and attitudes to adopting connectivity vary country to country. This, Osborne Clarke says, could hinder future opportunities.

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Manchester is being chosen over London as location for tech start-ups

Manchester is being chosen over London as location for tech start-ups

Manchester is being chosen over London as location for tech start-upsThe new northern home of the BBC is giving London a run for its money when it comes to siting offices for the UK’s top tech talent, with Manchester leading the way, according to CWJobs. The recruitment firm found that those who consider London to have the best talent, the most likely (75 percent) reason for this being the concentration of tech companies. Of those employers who believe Manchester has the UK’s best tech talent (9 percent), 56 percent believe this is due to better tech-focused educational institutions (vs 43 percent who thought London’s were better). (more…)

The self-employed live day to day but remain worried about plans for the future, claims study

The self-employed live day to day but remain worried about plans for the future, claims study

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

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World Bank report sets out the challenges of the changing nature of work

World Bank report sets out the challenges of the changing nature of work

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report studies how the nature of work is changing as a result of advances in technology today.

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Some regions are better prepared for the rise of automation than others

Some regions are better prepared for the rise of automation than others

Concerted action is needed from national and local politicians, businesses and education providers to improve educational opportunities in all cities, from early years to schools and adult learning. This is according to a major report from the think tank Centre for Cities. It examines how automation and globalisation are transforming the skills needed to thrive in the workplace, and the extent to which people in English cities are gaining these skills. The report claimsthat interpersonal and analytical skills – such as negotiation and critical thinking – are increasingly important for current and future workers, as manual and physical jobs are particularly under threat from automation and globalisation.

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