Search Results for: technology

September 18, 2017

The mega trends that continue to reshape the workplace around the world

by Neil Franklin • Events, Features, Property, Technology, Workplace design

Last week, over 600 workplace and property experts met in London at the CoreNet Global Summit 2017 to discuss some of the most important trends affecting the sector. The debates underlined one important fact about property and workplaces, which is how they are shaped by major, globalised events as much as they are local needs and the objectives of specific organisations. This quickly became evident on day one, which demonstrated how dramatic shifts in the geopolitical landscape, all of which are impacting corporate real estate – from America First to Brexit – remain key talking points for the industry. Opening speaker Linda Yueh (University of Oxford and London Business School) explored several possible scenarios, including how the focus of ‘Trumpism’ would have a significant effect on the U.S. role on the world stage, with the priority on the domestic economy leaving little scope for global trade. She also predicted that a ‘hard Brexit’, with no new trade deal with the EU, will be the most likely outcome for the UK’s withdrawal process; and that businesses will need to focus on alternative WTO rules as an urgent priority. Other impacting factors covered by Yueh included the rise of a dominant global middle class, and China’s need to rebalance its economic growth drivers.
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September 14, 2017

Over a third of UK office staff admit they would rather avoid working from home

by Sara Bean • Facilities management, Flexible working, News, Technology, Workplace

The idea that the younger generation of workers would be big drivers behind a trend for home working is easily debunked as just another millennial myth. A sizeable number of people under 35 who struggle to buy or rent their own home would find the workplace much more appealing when faced with the prospect of working from cramped, often shared accommodation. Of nearly one-third (31.4 percent) of British office workers who avoid working from home, according to a survey by Crucial, those 45 years old and above have a significantly more positive view on the option than millennials (18- to 34-year-olds). While 40 percent of the 45 and above age group said nothing would keep them from working from home – only 11 percent of millennials felt the same way. The survey of 2,000 British office workers found that the most common reasons UK workers avoid working from home are the lack of human interaction (21 percent), the inability to connect to their company’s IT system (21 percent), having their children at home (18 percent) and a slow or old home PC (18 percent).

September 13, 2017

Banking sector will be ground zero for job losses from artificial intelligence and robotics

by Gordon Fletcher and David Kreps • AI, Comment, Technology

Deutsche Bank CEO John Cryan has predicted a bonfire of industry jobs as automation takes hold across the finance sector. Every signal is that he will be proved right very soon. Those roles in finance where the knowledge required is systematic will soon disappear. And it will happen irrespective of how high a level, how highly trained or how experienced the human equivalent may currently be. Regular and repetitive tasks at all levels of an organisation already do not need to be done by humans. The more a job is solely or largely composed of these routines the higher the risk of being replaced by computing power. The warning signs have been out there for a number of years as enthusiastic reports about artificial intelligence have been tempered with fears about significant job losses in most sectors of the economy. Many roles have already all but disappeared in the march towards a fully digital economy. Older readers may recall typesetters, typists, and increasingly, switchboard operators and back room postal workers, as work of the last century. And the changing nature of work is relentless.

September 12, 2017

Smaller businesses are more willing to grasp the nettle of artificial intelligence

by Mark Eltringham • News, Technology

Research from Adecco UK&I, claims that smaller businesses are more positive about new technologies such as artificial intelligence when compared to larger companies. The Humans vs Robots report (registration required if you really feel like it) based on responses from 1,000 senior managers and 1,000 workers in 13 sectors across the UK, finds that larger companies (employing more than 5,000 employees) are almost twice as sceptical about the business impact that AI will have compared to smaller companies (employing 250 or less employees), with 9 percent of the former believing its impact won’t be significant, compared to just 5 percent of the latter.

September 8, 2017

High expectations mask large gap between understanding of artificial intelligence and its implementation

by Mark Eltringham • AI, News, Technology

New research published by the Boston Consulting Group and MIT Sloan Management Review suggests that there remains a wide gap between the understanding and adoption of artificial intelligence (AI) at most companies. The global study of over 3,000 firms and industry experts claims that almost 85 percent of executives believe AI will allow their companies to obtain or sustain a competitive advantage. However, only about one in five companies has incorporated AI in some offerings or processes. The new report claims to identify the key characteristics of AI leaders and offers companies a starting point for developing an AI strategy.

September 8, 2017

Economic gains from digitisation, robotics and AI must benefit workers says TUC

by Sara Bean • AI, News, Technology, Workplace

In the same week that Gartner offered some useful insights into the building blocks for a successful digital workplace, the TUC has published its views on the impact of digitisation, arguing that the economic gains from digitisation, robotics and artificial intelligence (AI) should be used to benefit working people. This would include reversing policies to raise the state pension age. The report Shaping Our Digital Future explores how the next technological revolution will impact on jobs and wages. Previous waves of technological change have not led to an overall loss of jobs, but have disrupted the types of job people do. And with the most recent wave of industrial change, rewards from higher productivity have gone predominantly to business owners, rather than being shared across the workforce through better wages and working conditions.

September 7, 2017

Report sets out building blocks of a successful digital workplace strategy

by Neil Franklin • News, Technology, Workplace design

Digital workplace developments often lose their way, or fail, due to a fragmented approach that prioritises a few technology ‘fixes’ over business strategy, according to analysts at Gartner. To combat this, ‘digital workplace leaders’ in public sector organisations need to employ a framework to ensure their digital workplace initiatives address eight critical components required for a successful implementation, according to Gartner. The report (paywall) sets out what it claims are the eight critical components — “building blocks” — that application leaders need when planning, directing and evolving digital workplace programs:

September 7, 2017

Remote workers perceived as less valued by management than office based staff

by Sara Bean • Flexible working, News, Technology, Workplace

Remote workers perceived as less valued to workplace by office based staff American office workers think it’s twice as difficult for remote workers to build relationships with the boss, make work friends, collaborate with their team and navigate the workplace culture than in-office workers, according to recent research. The “Reality of the Remote Worker Report,” claims that remote workers tend to have their presence go by unnoticed, with 43 percent of office workers believing it’s harder for remote workers to be seen in the workplace than those non-remote. The report, conducted online amongst over 1,500 US workers by YouGov for CyberLink, found a number of disadvantages for remote workers; with nearly 1 in 6 (15 percent) of office colleagues thinking that remote workers are less valued by a company, 20 percent believing they’re promoted less often and 8 percent even viewing them as less trustworthy. And office workers who were asked about their own concerns about working remotely expressed a range of potential frustrations.

September 7, 2017

Leeds latest city to announce major new Government Hub

by Neil Franklin • News, Property, Public Sector

Following the announcement of new UK Government Hubs in Cardiff and Edinburgh, a total of 6,000 civil servants are to be relocated to a new Government Hub in Leeds in what is claimed to be the biggest ever commercial property letting deal in the city’s history. HMRC, working with the Cabinet Office, will take approximately 378,000 sq ft at Wellington Place on a 25 year lease. The deal will see 6,000 civil servants working in a state-of-the-art new city centre premises in 2020.

September 5, 2017

The United Workplace launches to support business workplace strategy on a global scale

by Neil Franklin • Company news, Workplace design

A global collaboration of workplace experts has been formed to assist companies in the development of their workplaces. Workplace specialists Fourfront Group and Amicus are the founding partners of The United Workplace (TUW), an organisation set up to share expertise and knowledge and deliver workplace design, fit-outs and commercial furniture consultancy and installation worldwide. The network comprises of Fourfront Group in the UK, Amicus which delivers workplace design and fit-out projects in Australia, Ware Malcomb an architectural practice in the US, and Summertown Interiors, a United Arab Emirates fit-out contractor.

September 5, 2017

Robots and climate change head list of concerns of young people worldwide

by Mark Eltringham • AI, Environment, Wellbeing

The World Economic Forum has published the third edition of what it claims is the world’s most geographically diverse survey of millennials, the Global Shapers Annual Survey 2017. Over 31,000 people aged between 18 and 35 responded to the survey, giving insights into their views on society, business, politics, the economy and technology as well as their workplace and career aspirations. The survey, which is available in 14 languages, surveyed young people from 186 countries and territories. According to the survey they are optimistic that technology will create more jobs than it destroys, although only a quarter would trust a robot to make decisions on their behalf.

August 30, 2017

British public continues to be wary of driverless cars

by Mark Eltringham • AI, News, Technology

The majority of British people (66 percent) would be uncomfortable travelling in a driverless car at 70mph, according to a new study by the Institution of Mechanical Engineers. The news follows last week’s announcement that the Government has awarded a contract to test platoons of driverless lorries on major British roads by the end of next year. According to the findings, younger people tend to be more accepting of the technology ? with 45 percent of 25-36 year olds saying they would be comfortable in a 70mph driverless car, compared to just 13 percent for 65-74 year olds and 8 percent for the over 75s. Women tended to be more cautious about the technology, with 72 percent saying they would be uncomfortable compared to 60 percent for men.