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Now more than ever, corporate boards need to balance innovation and trust

Work Life

The pressure for this dual mandate arises from intensifying scrutiny, ranging from consumer scrutiny, regulatory oversight, and social media spotlighting, to investor expectations and rapid technological disruption. – Ethics as a Board-Level Imperative: It’s not enough to hire a CCO. Trust isn’t a constraint; it’s an accelerant.

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Half of company directors think their board is of no value to the business

Workplace Insight

The most commonly cited areas where directors felt confident in their boards to make clear, timely, and well-informed decisions without external consultants were corporate finance (including M&A) and legal and compliance (both selected by 33 percent of respondents).

Finance 52
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Only a quarter of firms say that staff will need to work full time from an office in future

Workplace Insight

New research by the British Chambers of Commerce Insights Unit and technology firm Cisco, shows less than 30 percent of firms expect their workforce to be fully in person over the next five years. Over half (55 percent) are relying on external experts when making decisions about adopting technology.

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Can AI improve one of the most expensive (and boring) parts of work?

Work Life

Darren Liddell, founder and CEO of My Money Story, a personal finance community for people of color making less than $70,000 a year, was an early tester of Gus. We conclude by cautioning against the rapid and unsupervised integration of popular LLMs into legal tasks.” She wasn’t trying to intentionally violate the law.

Payroll 98
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Shortage of high-quality data threatens the AI ‘boom’

Workplace Insight

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024.

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Benefits of outsourcing HR for small businesses

BMT Office Administration

HR service providers will have well-crafted, legally tested policy recommendations that can be customized for your business. This allows business owners to focus their time on the day-to-day employee relations and other operational needs like sales and finance.

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What is rightsizing and how can it benefit your business?

BMT Office Administration

Some companies may be restructuring roles and departments to adapt to new technology like AI or changing consumer demands. You could use the latest technology for this. This is especially true because of technological advancements. You might be looking closely at your current workflows.

Retail 130