Tom Fogden — 1 week ago. Contact the experts at ArcherPoint to determine how we help you get the most business value from your IT systems. This is why you should always be seeking to gain new technological advancements and then finding as many ways to make use of all of the new benefits. Technology is the way to be successful at both. There is also the case of social media enabling better customer interactions.
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I was in Asia last week to attend a Demo Day for startups that participated in a two month acceleration program through DEV Korea where The importance of investing in new technology serve as a principal. These companies inveting split their time between New York and Seoul in order to gain a global perspective that could be applied to their ventures while they were still in a formative stage. This is easier said than. It is a given that there are linguistic and cultural barriers that must be overcome. But there importanec a significant knowledge gap as .
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A new study by the UK Engineering Employers Federation EEF claims that investing across the board in new technologies, skills and innovation is the key to improving company performance. Based on a survey of businesses in the UK, France and Germany, the EEF report shows ‘substantial evidence’ that investment holds the key to faster growth and increased profitability. UK manufacturers were found to invest less but innovate more than their counterparts in Europe, but the EEF claims that skills levels within UK firms are of particular concern. According to the report, the recruitment of apprentices is partly to blame. Indeed, only 40 per cent of the country’s businesses have taken on apprentices in the last two years, compared with 70 per cent in Germany and 60 per cent in France. While companies in the UK have matched France and Germany recently in increased spending on training, skills shortages are limiting the ability of UK businesses to increase productivity in a way that is less apparent in France and Germany, the report continues. Other factors, including the need to make more effective use of modern working practices such as lean manufacturing and high-performance working, also need to be addressed if the UK is to succeed in closing the productivity gap.
Efficiency
A new study by the UK Engineering Employers Federation EEF claims that investing across the board in new technologies, skills and innovation is the key to improving company performance. Based on a survey of businesses in the UK, France and Germany, the EEF report shows ‘substantial evidence’ that investment holds the key to faster growth and increased profitability. UK manufacturers were found to invest less but innovate more than their counterparts in Europe, but the EEF claims that skills levels within UK firms are of particular concern.
According to the report, the recruitment of apprentices is partly to blame. Indeed, only 40 per cent of the country’s businesses have taken on apprentices in the last two years, compared with 70 per cent in Germany and 60 per cent in France.
While companies in the UK have matched France and Germany recently in increased spending on training, skills shortages are limiting the ability of UK businesses to increase productivity in a way that is less apparent in France and Germany, the report continues. Other factors, including the need to make more effective use of modern working practices such as lean manufacturing and high-performance working, also need to be addressed if the UK is to succeed in closing the productivity gap.
The survey also shows that businesses in the UK appear more inclined than their counterparts in France and Germany to invest in the rapidly growing economy of China. They, in turn, are more focused on the emerging regions of Eastern Europe. To read the full report, please click. Email also says staff should not work from home for general reasons for more than one or two days per semester.
You have spent three years thinking your life will be perfect after you submit your thesis. Reporting procedures were the importance of investing in new technology inadequate, while senior managers frequently enabled intimidatory behaviour, says an anonymous UK academic. Skip to main content.
UK report shows the importance of investing in new technologies, skills and innovation. June 23, Share on twitter Share on facebook Share on linkedin Share on whatsapp Share on mail.
Brussels, 22 Jun A new study by the UK Engineering Employers Federation EEF claims that investing across the board in new technologies, skills and innovation is the key to improving company performance.
Have your say Log in or register to post comments. Most commented Teesside says staff must apply for permission to work off-campus. By Anna McKie. The PhD comedown can be swift and brutal. By Petra Boynton. By Daniel Akinbosede.
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Stay in Touch Complete the form below and make your selections to receive periodic email communications. If a nw group such as a software development company sees there is a market in the small business world for their offerings — including software or app development, coding, UX, web development and design — they will be more inclined to create new and improved small business solutions. Share to facebook Share to twitter Share to linkedin. Advancements in tech usually make things work more efficiently. Find out more Accept Cookies. Conor Cawley — 1 week ago. Explore More See all news. Top Read Blogs of
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