About Neil Franklin

Neil Franklin is Insight's news editor

Posts by Neil Franklin:

Report outlines the impact of universities on regional economies and entrepreneurship

Report outlines the impact of universities on regional economies and entrepreneurship

Although universities contribute to one in every hundred new business births in the UK, but 35 percent of universities did not contribute to the production of a single graduate start-up last year, according to a new report from Localis. It claims that while there are pockets of excellence in the way universities support enterprise and entrepreneurship across the country, too many of them are doing too little. Published in partnership with University College London (UCL) and the University of Huddersfield (UoH), the report explores what more can be done to encourage university entrepreneurial activity and its role in local economies.

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Unnecessary meetings costing UK business more than £191bn a year

Unnecessary meetings costing UK business more than £191bn a year

UK office workers are spending almost an entire working day every week attending and preparing for unnecessary meetings, according to a new survey from meeting technology firm eShare. The average office worker spends 10 hours 42 minutes every week, preparing for and attending 4.4 meetings, with 2.6 of those deemed unnecessary. With the average meeting revealed to have 6.8 attendees, this equates to annual staff costs for unnecessary meetings per business of over £35,000, based on ONS average earnings data. With 5.4 million businesses in the UK, this means the total staff cost per year is more than £191bn, according to the firm.

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Bisley announces plans to elevate the humble locker

Bisley announces plans to elevate the humble locker

Bisley has launched Bisley LateralFile Lodge, a new range of lockers in response to the increased need within contemporary agile offices for personal, transient and temporary storage space. Bisley’s new range of personal storage provides a timely evolution to this essential element of office design. Key features include:

Power  

Mobile technology is an essential tool for a majority of workers and running out of power can be disruptive. Bisley’s new lockers are powered, making it possible to take a laptop away to a desk, only to be charged again when it goes back in the locker overnight, locked safely away behind a simple barrel lock, digital combination locks or an RFID (Radio-Frequency Identification) lock.

Zoning

A range of seamless back and surface material options such as acoustic performance panels or dry-wipe boards, and the absence of tie bars, results in a slick and contemporary finish.

The aesthetic appeal and multi-use of the of these lockers means that they do not need to be located on the perimeter of the floorplate, but become an integral part of the interior design, zoning spaces, enhancing breakout spaces and encouraging movement amongst employees.

Personalisation        

The ‘hard to reach’ bottom section of the locker stack can be modified to include a retractable personal drawer, maximising its capacity and accessible use. There is also the opportunity to further personalise each locker with business card/photo holders included as standard to increase the sense of ownership and belonging.

Choice and versatility

The range is available in a multitude of sizes (single or double height to suit requirements), colours, finishes and lock type. Planting tubs can be integrated on to the top of the storage units, enabling the incorporation of storage in biophillic workplace designs, increasingly popular due to the proven benefits for the wellbeing of employees. The wide range of aesthetics available for the tops and shelves, and the option of wood finish doors, mean the new locker range can be specified in any design scheme.

Helen Owen, Director of Business Development at Bisley says: “We accept that change is the only certainty in business but human nature will always dictate the need for employees to have a space that they can call their own. Lockers are a simple, effective and efficient way to provide this. The resurgence of the locker as the perfect storage solution for agile, dynamic workplaces, as well as supporting the co-working phenomenon is to be welcomed.”

The full range of lockers can be seen here:

https://www.bisley.com/products/storage/personal/lateralfile

The UK needs a new approach to low pay, equality and flexible working

The UK needs a new approach to low pay, equality and flexible working

A new research paper from the Institute for Employment Studies (IES) claims to identify areas where employers and policymakers should act to reinvigorate their pay and rewards practices to improve employee engagement and productivity. According to the IES, with the likely intensification of current recruitment shortages, skills gaps and the fall in living standards as the UK leaves the European Union, the paper argues that both employers and policymakers should act on three key areas – low pay, gender pay and total rewards – to help halt the relative decline of the UK’s already below-par productivity performance.

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Investment in UK commercial property sector remains strong

Investment in UK commercial property sector remains strong

Investment in UK commercial property rose 66 percent in January compared to the same month last year, according to data from Savills, to £4.2 billion. In its February Market in Minutes report the international real estate advisor says that investor appetite for UK property remains very strong. In 2017, total investment into UK real estate reached £65.4 billion, representing a 26 percent increase on 2016’s annual total. According to Savills, the office and industrial sectors led the way, with overseas investors responsible for nearly half of total volumes, of which Asian investors were the most active, accounting for a fifth of all investment.

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Cities must harness potential of new technology to keep themselves moving

Cities must harness potential of new technology to keep themselves moving

The UK Government needs to develop a new transport strategy based on local partnerships to keep up with technological advances in areas such as self-driving cars, claims a new report. Rethinking Urban Mobility has been published by engineering company Arup, in collaboration with the London Transport Museum, law firm Gowling WLG and transport company Thales. The report coincides with the publication of a similar study from the World Economic Forum which claims that autonomous and shared vehicles, digitalisation and decentralisation of energy systems require new approaches to mobility.

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Brexit and rising property costs lead one in five businesses to consider move away from London

Brexit and rising property costs lead one in five businesses to consider move away from London

Uncertainty surrounding Brexit, rent rises in a city already renowned for its high property costs and business rate rises mean that one in five London-based businesses have either already relocated or are consider moving to a new location, according to a new survey from the London Chamber of Commerce and Industry. The survey of 577 businesses found that some businesses were having to look at relocating to a different part of London while others were looking to move out of the capital and others out of the UK entirely. The survey, carried out by Comres, found that 22 per cent had moved or were planning to relocate because of Britain’s decision to leave to the EU, 21 per cent because of rent rises and 19 per cent because of rising business rates. When it came to moving because of Brexit, found 11 per cent of London-based businesses had considered leaving the UK and 2 per cent had already done so.

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Neurodiversity not on the agenda for 9 out of 10 UK organisations

Neurodiversity not on the agenda for 9 out of 10 UK organisations

Just 1 in 10 organisations say consideration of neurodiversity is included in their people management practices, despite around 10 percent of the UK population being neurodivergent in some way, according to a poll of HR professionals from the CIPD. Neurodiversity refers to the natural range of differences in human brain function. Amongst employers, it’s used to describe alternative thinking styles including dyslexia, autism, ADHD and dyspraxia as they relate to diversity and inclusion. These can have unique strengths, ranging from data-driven thinking to sustained focus over long periods, an ability to spot patterns and trends, and the capacity to process information at extraordinary speeds. It is estimated that at least 10 percent of the UK population is neurodivergent.

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SMEs spend more time searching for private offices than coworking space

SMEs spend more time searching for private offices than coworking space

Second Home coworkingSearches for private offices have become more popular than coworking space among SMEs over the past year, according to new data from commercial property marketplace Hubble. The firm reports that this marks a reversal from the previous year’s results, although searches for coworking space remain disproportionately high compared to the overall office market. According to Hubble, searches for private offices grew an average of 40 percent month-on-month from January 2017 to January 2018, with 43 percent more searches being made for private offices over coworking space, and searches for the category ‘private office’ comprising 62 percent of all searches on the Hubble platform.

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Business leaders increasingly optimistic about benefits of artificial intelligence in the workplace

Business leaders increasingly optimistic about benefits of artificial intelligence in the workplace

Executives at major organisations increasingly believe that pairing humans alongside machine intelligence will create a more effective, engaged, and meritocratic workplace, according to a new study released by software provider Pegasystems Inc (registration required). The authors surveyed 845 senior executives working globally across industry sectors including financial services, insurance, manufacturing, retail, telecommunications and media, and government, on the increased role of automation and artificial intelligence in the workplace of the future. The potential impact in the workplace seems to outweigh any lingering fears, the report claims. Around 69 percent of of respondents say “workforce” will refer to both humans and machine intelligence in the future. Nearly three-quarters of executives said using machines to augment human abilities would lead to increased efficiency. Over 60 percent said it could be used to improve customer service.

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New government campaign sets out to increase take up of shared parental leave

New government campaign sets out to increase take up of shared parental leave

A new government campaigned launched today encourages more parents to take up the offer of Shared Parental Leave in their child’s first year. The workplace right for eligible parents allows them to share up to 50 weeks of leave and 37 weeks of pay after having a baby. They can take time off separately or they can be at home together for up to 6 months. Around 285,000 couples every year are eligible but take up could be as low as 2 percent, according to the Department for Business, Energy & Industrial Strategy and around half of the general public are unaware that the option exists for parents.

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Finance workers are amongst most stressed people in the world

Finance workers are amongst most stressed people in the world

Finance workers in the UK are among the most stressed in the world, according to a study by Robert Half UK. The survey of 2000 people including 200 senior finance managers claims that 78 percent of Chief Financial Officers in the UK believe stress levels will rise in the next two years, with over a third (31 percent) saying they would grow significantly. CFOs believe that increased workloads (51 percent), growing business expectations (49 percent) and a lack of staff (40 percent) will send stress levels soaring.

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