Search Results for: social media

Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

The global economy faces a reskilling crisis with 1.4 million jobs in the US alone vulnerable to disruption from technology and other factors by 2026, according to a new report, Towards a Reskilling Revolution: A Future of Jobs for All, published by the World Economic Forum. The report is an analysis of nearly 1,000 job types across the US economy, encompassing 96 percent of employment in the country. Its aim is to assess the scale of the reskilling task required to protect workforces from an expected wave of automation brought on by the ‘Fourth Industrial Revolution’. Drawing on this data for the US economy, the report finds that 57 percent of jobs expected to be disrupted belong to women. If called on today to move to another job with skills that match their own, 16 percent of workers would have no opportunities to transition and another 25 percent would have only between one and three matches.

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Brexit having a significant impact on London firms, but tech and media sectors growing

Brexit having a significant impact on London firms, but tech and media sectors growing

With the overwhelming majority of London businesses employing staff from the EU (88 percent), Brexit is having a significant impact on the capital’s companies, according to the latest CBI/CBRE London Business Survey. Just under three quarters of firms (73 percent) view uncertainty over the UK’s role in Europe as their top concern, whilst a similar number (69 percent) have developed, or are developing, a contingency plan for when the UK leaves the EU. Indeed, over a quarter of respondents (27 percent) indicated they are planning to move part of their operations overseas. Close to two thirds (62 percent) have, or are developing, a strategy to address skill shortages that could be incurred if restrictions are placed on EU nationals working in the UK. However, two thirds of the 271 respondents to the Survey (65 percent) said that the tech and creative sectors were the principal sectors for the capital’s economic growth over the next five years, followed by professional services (49 percent) and FinTech (47 percent).

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Social technology has the power to make the workplace more humane

Social technology has the power to make the workplace more humane

Coloured-Social-Media-Icons-RoundSocial technology can, and should, make the workplace more humane. That’s because it has the potential and ability to shift the power dynamic from the few to the many. It gives more people a voice: one that they’re not afraid to use. You’ve only got to look at the uprisings, and the overthrowing of governments, in Egypt and Tunisia, to see the power of greater connectivity enabled by platforms such as Facebook. What was dubbed the Arab Spring was change on a grand scale. But, as Seth Godin points out in his book Tribes, it’s “tribes, not money, not factories,” that will change the world. The consequences of this are not lost on the people and cultural practices within organisations. The functions of how we recruit, how we learn, and how we communicate are all under pressure to bring greater humanity into the approach.

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Digital media is having ‘largely positive’ effects on professional lives

Digital media is having ‘largely positive’ effects on professional lives 0

Digital workplaceThe digitization of content and data, along with new digital communication technologies, has fundamentally changed the way work gets done, and affected the nature of the employment relationship. While it has a largely positive impact on peoples’ lives, including individuals’ ability to find work, learn and develop skills, and balance work and life, it can, in some cases, lower worker productivity and increase inequality. These are among the key findings from Shaping the Future Implications of Digital Media for Society  – a report by the World Economic Forum conducted in collaboration with Willis Towers Watson and presented at the WEF 2016 annual meeting in Davos. In the study, which included a survey of more than 5,000 digital users from five of the world’s most important markets; Brazil, China, Germany, South Africa and the US, over half (56 percent) reported digital media has transformed the way they work, and two-thirds said digital media has improved their ability to do work.

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Employers’ lack of media savvy is stifling innovation

social media

A resistance to change and a lack of social media savvy amongst senior leaders is holding organisations back from fostering cultures of openness, collaboration and innovation in their organisations. Social media is driving us headlong into an age of mass collaboration and mass transparency, and if employers don’t embrace this with open arms they will find themselves on the back foot argues the CIPD. Jonny Gifford, research adviser at the Chartered HR and development professional body, comments: “For organisations to thrive, employees must be given the opportunity to discuss how their organisations can innovate and feed their views upwards, as well as having the freedom to blow the whistle about genuine issues at work.

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Majority of young professionals feel happy about embracing AI in their lives

Majority of young professionals feel happy about embracing AI in their lives

More than half of young professionals feel comfortable or very confident about the increasing integration of AI in various aspects of daily lifeMore than half of young professionals feel comfortable or very confident about the increasing integration of artificial intelligence (AI) in various aspects of daily life, while only 15 percent reported feeling unsettled or scared about the prospect, according to new research from CEMS, the Global Alliance in Management Education. Half (50 percent) also stated that social media impacts their life positively, while only just over a quarter (27 percent) feel that social media has a negative impact on their lives. Overall, 70 percent of graduates said that they feel optimistic about the future. More →

It now costs more to commute by train than by car in the UK

It now costs more to commute by train than by car in the UK

Problems at London Euston went viral on social media several times this week, challenging the idea that we should let the train take the strain. Now the assumption that public transport is cheaper than driving is also being called into question for the UK’s commuters. With rail fares increasing by 4.9 percent from the beginning of March, Good Travel Management has look into the cost of commuting into the UK’s major cities to find out how much it’s really costing people to get to work. More →

British workers now entirely unproductive, claims report

British workers now entirely unproductive, claims report

The overwhelming majority of UK workers don’t do anything productive at all, according to a new report published today. The study of available research into the illnesses, injuries, distractions, wastes of time, procrastinations, productivity drains and paralyses that afflict British workers found that the annual cost to the British economy is around £1.8 trillion, equivalent to 98.9 percent of GDP.

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FAANGs for the memories: how tech palaces lost their lustre

FAANGs for the memories: how tech palaces lost their lustre

With the downfall of wunderkind Sam Bankman-Fried and the demise of his Bahamas HQ, does this mean that instead of being heralded as inspiration, tech palaces have instead become dated and toothlessI was alerted by the great Jack Pringle during a presentation course he was giving to an unforgettable YouTube clip of Steve Jobs speaking to the local council as part of a planning application for his Apple Park in California, one of the great tech palaces that sprang up in the wake of the digital revolution. Jobs, in familiar black polo neck jumper and wire-rimmed spectacles, took the officials of Cupertino City Council on a journey of opportunity, awe and inspiration. More →

People are simply ignoring bans on AI use at work

People are simply ignoring bans on AI use at work

Employees say they are ignoring AI bans because it makes them more productive and better at their jobsOlder readers may remember a phenomenon called Bring Your Own Device (BYOD) which marked the point at which employers gave up worrying about people using their own phones at work and instead made it look like it was their idea anyway. A similar arc seems to be happening with AI, as people simply ignore their employers’ attempts to manage its use. A new poll from comms firm Definition suggests that over half of employed UK adults (54 percent) use tools like ChatGPT at work, despite 25 percent of businesses banning or significantly limiting its use. We have no other information on the methodology beyond that it was of 1,000 people. More →

The only way is ethics … the Workplace Cocktail Hour with David Sharp

The only way is ethics … the Workplace Cocktail Hour with David Sharp

David Sharp joins Mark Eltringham on the Workplace Cocktail Hour to share a bourbon and discuss a wide range of issues - also avoiding one that won't help either of themDavid Sharp joins Mark Eltringham on the Workplace Cocktail Hour to share a bourbon, discuss a wide range of issues – and avoid one that won’t help either of them. They discuss the ethics of artificial intelligence, why we need more friction in our lives (and less seamlessness), the philosophy of work, how to deal with social media, the importance of making your own life more difficult on purpose, and the pleasures of finding out you are wrong about something.
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Where are the iconic office furniture products of yesterday?

Where are the iconic office furniture products of yesterday?

A new image of Bauhaus students from 1927 raises interesting questions about the design of office furnitureLate last year, this image went viral on social media. It is of a group of Bauhaus design students from around 1927. They are called Martha Erps, Katt Both and Ruth Hellos. The full image (reproduced below) shows them with legendary office furniture designer Marcel Breuer, who Erps would later marry. The story of the photograph can be found here. On social media, though, the standard response from people of a certain vintage – my vintage admittedly – is to suggest that they were last seen supporting Echo and the Bunnymen at the Barrowland Glasgow in 1984.  More →