About Mark Eltringham

Mark is the publisher of Workplace Insight, IN magazine, Works magazine and is the European Director of Work&Place journal. He has worked in the office design and management sector for over thirty years as a journalist, marketing professional, editor and consultant.

Posts by Mark Eltringham:

September 29, 2016

Podcast: bonuses, motivation and why business leaders might do well to steer clear of politics ⁰

by Mark Eltringham • Podcasts, Premium Content, Workplace

I recently took part in a podcast hosted by business transformation consultant Rita Trehan. My fellow guest for the CEO Outlook podcast was Hari Kalymnios, author, trainer and Leadership Speaker at The Thought Gym. The episode featured a lively discussion focused primarily on two topical issues. First asking whether bonuses are really needed to motivate staff and what business might do to take a more sophisticated, informed and nuanced approach to motivation. Then secondly, and against my better judgement, in the light of Jeremy Corbyn’s recent spat with Richard Branson, whether CEOs and business leaders should steer well clear of politics and politicians and how they might make judgements about what is appropriate in terms of the topics with which they should engage and how they might disentangle themselves from the wider issues that often result. You can listen to the podcast here.

September 28, 2016

Apple agrees to lease half million sq. ft. office at Battersea Power Station ⁰

by Mark Eltringham • Cities, News, Property, Technology

Apple has confirmed the rumours that began in the Spring of this year by announcing that it is to relocate its UK headquarters from its current base in the West End along with several other sites to the redeveloped Battersea Power Station. The site’s developers say that Apple will become the largest office tenant at the £9 billion Battersea Power Station mixed use development occupying approximately 500,000 sq. ft. across 6 floors of the central Boiler House inside the iconic building. Apple is expected to move into the Power Station in 2021 at which time the office will account for circa 40 percent of the total office space in the whole development. 1400 Apple employees from existing offices around London will relocate to one of London’s best known landmarks. Apple has added, that this is a great opportunity to have its entire team working and collaborating in one location while supporting the renovation of a neighbourhood rich with history.

September 28, 2016

Offering flexible working to mums could boost economy by £62.5 billion ⁰

by Mark Eltringham • Flexible working, News

More than two thirds of stay-at-home mothers with young children would go back to work if flexible working was an option, a new study from Digital Mums and the Centre for Economics and Business Research claims. The survey of 1,600 mothers also suggests that more than a third of those already in work would put in more hours if they had better childcare arrangements based around flexible working. The WorkThatWorks report claims that women (and presumably some fathers) would contribute billions to the economy if more organisations were to offer parents more flexible work conditions. The report claims that currently, some 2.6 million mothers are out of the labour market although two thirds (68 percent) feel unable to return to work because of the lack of flexible working options. In addition, 60 percent of mothers already in work do not have access to flexible work despite the introduction of legislation in 2014 that offers them the right to request it.

September 28, 2016

UK commercial property market ‘back to normal’ after Brexit vote ⁰

by Mark Eltringham • Cities, News, Property

The UK’s commercial property market remains robust in the wake of the vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody’s claims in a new report. The news comes as commercial property fund Standard Life announced that it has reopened trading, which was suspended in the immediate aftermath of the Brexit vote. Moody’s said that the June 23 vote still has the potential to create significant uncertainty in the longer term, but that the fundamentals underpinning the UK commercial property market remain sound. Much will depend on the country’s broader economic prospects, Moody’s claims. If unemployment remains low and jobs growth continues, these two factors will do much to maintain demand for both domestic and commercial property although London’s market may be affected even if the national economy is robust, as firms may choose to relocate anyway.

September 27, 2016

Nearly all UK cities lagging behind European average for productivity ⁰

by Mark Eltringham • Cities, News, Property, Public Sector, Technology

The UK’s major cities are lagging behind their European competitors in terms of skills, innovation and productivity, claims a new report from the Centre for Cities think tank. In Competing with the Continent, the authors argue that the onus is on the UK to come up to speed with the 330 cities covered in the report, especially if they want to compete in the new post Brexit European landscape. However, the report notes that the UK has a number of existing, structural advantages over other countries. UK cities generate around a fifth of Europe’s total economic output and contribute more to the national economy than cities in other countries. Major British cities contribute 60 percent of national GDP, compared to just 36 percent in Germany and 32 percent in Italy. The report shows that UK cities lag behind on a range of indicators including skills, innovation and productivity and a number have an industrial mix that has more in common with cities in Eastern Europe than those in the West.

September 27, 2016

CEOs remain confident post Brexit but may consider relocating offices out of UK ⁰

by Mark Eltringham • News, Property

Despite largely voting to remain in the EU, the Brexit vote hasn’t dampened the short or long term confidence of UK CEOs. It has however raised a question mark over the UK’s ability to do business and, as a result, many are putting together contingencies including the possible relocating offices or operations, according to KPMG’s first ‘100 UK CEOs’ survey. The survey of CEOs from companies with revenues ranged between £100 million and £1bn found that, both in the short term (the next year) and the medium term (the next three years), the majority are confident about the future growth of the country, the global economy and their own businesses. However, over half believe the UK’s ability to do effective business will be hindered after leaving the EU. The majority of CEOs felt that a division in society between ‘big business’ and the general public contributed to the EU referendum result, including over a third who believed this ‘to a great extent’.

September 27, 2016

Boost predicted for commercial property transactions across the UK ⁰

by Mark Eltringham • Flexible working, News, Property

The next five years will see demand for commercial property in the South East of England expand at a faster rate than in London according to the Royal Institution of Chartered Surveyors (RICS) Annual Occupiers Survey 2016. The survey, conducted in association with EY and Savills found that a fifth (20 per cent) of UK property decision-makers expect to increase rather than decrease the amount of space they own or rent in the South East. In total, a net balance (percentage expecting to expand minus percentage expecting to downsize) of 13 per cent more respondents in the South East expect to increase, rather than decrease their portfolio, nearly double the figure for London at seven per cent. The net balance figures showed the lowest indication of growth was in the South West, at four per cent. The survey also revealed that 41 per cent of UK firms expect to expand the amount of UK property they own or rent over the next five years while only 8 per cent expect to downsize.

September 26, 2016

HSBC moves 300 staff into coworking space in Hong Kong ⁰

by Mark Eltringham • Coworking, Flexible working, News, Property

The idea that coworking is primarily for the self-employed, tech startups and other small firms who can’t afford permanent offices in the world’s expensive cities has been challenged with the news HSBC has moved 300 staff into a coworking space in Hong Kong, according to a report in the South China Morning Post. The bank has rented the workstations in WeWork’s space in Causeway Bay, one of the world’s most expensive districts for offices and shops. The bank has taken out a large scale corporate membership with WeWork for the 300 members of its digital and transformation team. According to the report, a spokesman from CBRE claimed that the move is less about saving money than it is with providing short term flexibility in a time of economic uncertainty. However you view that, the bank is saving as much as HK$2.45 million a month with the move (£240,000 or $320,000). The annual cost savings are estimated at HK$23,640 per person.

September 23, 2016

Tech laggards risk losing employees, claims Future Workforce Study ⁰

by Mark Eltringham • Flexible working, News, Technology

Dell has unveiled the European and South African findings from the Dell and Intel Future Workforce Study, which identifies the global technology trends shaping the modern workplace. The results show that almost half of employees in these regions believe their current employer is not effectively making use of the latest technology advances. The 2016 Future Workforce Study, conducted by research firm PSB, polled nearly 4,000 full-time employees from small, medium and large businesses in 10 countries. Of those polled in the UK, Germany, France and South Africa, many do not believe that they will be working in a smart office within the next five years and perceived their current workplace technology as lagging behind personal devices on innovation. With the research showing that the influx of new technology is having a significant impact on what workers expect from their employer, workplaces which don’t enact these new advances may be left behind.

September 22, 2016

The dramatic rise of the online gig economy revealed in new study ⁰

by Mark Eltringham • Flexible working, Knowledge, News

There has been a rapid increase in the online gig economy worldwide, according to new research from the University of Oxford. The study is based on the results of the University’s Online Labour Index which measures vacancies and activity on websites and apps related to the gig economy. It found that employers in the US are the biggest users of the online gig economy, defined as the use of workers procured over the internet for short term, piecemeal and project based work. Between May and September, US firms posted 52 percent of vacancies on the platforms followed by the UK at 6.3 percent, India at 5.9 percent, and Australia at 5.7 percent. The market grew by 9 percent over the tested period with growth fastest in the UK which saw a 14 percent increase in activity. The data also showed that software development and technology are currently the most sought-after skills. Creative and multimedia work is the second largest category, followed by clerical and data entry work.

September 20, 2016

Construction firms still failing to seize opportunities offered by new technology ⁰

by Mark Eltringham • Architecture, News, Property, Technology

Despite substantial investment in new technology over recent years, the construction industry is struggling to realise the full benefits of key technologies including advanced data and analytics, mobility, automation and robotics. That’s the main finding from Building a technology advantage – Global Construction Survey 2016, the annual state-of-the-industry report from KPMG International. Of the 200-plus senior construction executives who took part in the survey, just 8 percent of their companies rank as “cutting edge technology visionaries,” while 64 percent of contractors and 73 percent of project owners rank as “industry followers” or “behind the curve” when it comes to technology. Two-thirds of survey respondents believe project risks are increasing. According to Armstrong, this is an industry ripe for disruption, yet less than 20 percent of respondents say they are aggressively disrupting their business models.

September 20, 2016

New project invites organisations to explore issue of workplace wellbeing ⁰

by Mark Eltringham • News, Wellbeing, Workplace design

Are our offices making us sick? This is the question addressed by a new research project looking at the link between health in the workplace and access to the natural environment. The study is backed by the Soil Association, is endorsed by Kate Humble and Hugh Fearnley Whittingstall and draws on studies from the past thirty years which have also addressed the issue. The Good Life Project aims to provide evidence-based and cost-effective solutions to the benefits of nature in making businesses happier, healthier and more profitable. The project is led by behaviour expert and author Jez Rose along with a team of psychologists and neuroscientists and is endorsed by the Soil Association. The Project is designed to overcome the problem of workplace absenteeism by trying out a range of workplace initiatives based around the natural environment to see what sort of difference they make to an employee’s feeling of wellbeing.