INTHEBLACK April/May 2024 - Magazine - Page 10
FAST FOCUS
“We need leaders to urgently tackle the climate crisis,
because we can’t win unless we stop our world from heating up.
We need leaders to bridge the digital divide, because we can’t
win if billions of people – especially girls – are left offline
and left behind. And we need leaders to achieve gender
equality, because we can’t win when half the team isn’t
even on the field.”
Amina J. Mohammed, United Nations deputy-secretary general,
speaking at the 2023 Global Citizen Festival.
HEALTH CHECK ON
WORK RELATIONSHIPS
DIGITAL INVESTMENT
Tax and finance leaders are planning to
invest in digital solutions to address changing
regulations, increasing data demands and
evolving customer expectations, according
to a report from Thomson Reuters.
According to the report, Digital Agendas:
How Tax Compliance and Finance Leaders
are Preparing for 2024, 84 per cent of
decision-makers plan to increase their
investment in technology by 10 per cent
or more in the next 12 months.
Cost-saving and real-time, data-focused
investments are also on the agenda for
62 per cent of respondents, with 40 per cent
planning on migration from on-premises
software to cloud-based alternatives.
An additional 30 per cent intend to invest
in in-house tax technology, enhance their
native ERP systems and explore smart
technology, automation and generative AI.
Read the report
10 INTHEBLACK April/May 2024
Less than a third of people employed in
knowledge-driven roles have a healthy
relationship with work, which results
in productivity losses for businesses,
according to HP’s 2023 Work
Relationship Index.
The index, new for 2023, looks
at more than 50 aspects
of people’s relationships
with work, including
the role of work in their
lives, their skills, abilities,
tools and workspaces, and their
expectations of leadership.
A total of 15,264 workers were
surveyed across 12 countries –
Australia, Brazil, Canada, France,
Germany, India, Indonesia,
Japan, Mexico, Spain, the UK
and the US.
While 50 per cent
of respondents from India
say they have a healthy
relationship with work, in
Japan, just 5 per cent feel
the same way.
Australia, at 22 per cent,
is close to the global average
of 27 per cent. More than
80 per cent of Australian
respondents would be happy
to take home less pay if it meant
they enjoyed the work more.
Read the report