MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM may have returned last year, but 2023 was the year it felt backMIPIM may have returned last year, but 2023 was the year it felt back. That was despite widespread concerns over the rising costs of refinancing and a banking crisis that started with the collapse of Silicon Valley Bank in the US and quickly moved to Europe, with Swiss financial regulators beginning to put together during MIPIM week the deal that would see UBS buy Credit Suisse in an emergency rescue. More →

What Studs Terkel can teach us about how we talk about work

What Studs Terkel can teach us about how we talk about work

Studs Terkel was something that has been lost in the modern sea of opinion, an oral historian. Not trying to change the world, but record itStuds Terkel is a particular hero of mine. I like his name, his style, his association with jazz but also the way he wrote. His characteristic approach was marked by interviews with ordinary Americans about their jobs and how they felt about them. He did lots of other stuff but that was his work. What is especially striking is that he saw himself as a chronicler of other people’s lives rather than a commentator on them. More →

Company culture is one of the hardest but most valuable things to get right after a merger

Company culture is one of the hardest but most valuable things to get right after a merger

There are major consequences for company culture, which is so important to get right in the mergers and acquisition process.Like never before, 2021 saw record-breaking levels of mergers and acquisitions (M&A) activity globally, a trend that continued into 2022 until a challenging macroeconomic landscape resulted in a sharp decline in activity. This was mainly because businesses waited to see what the coming months would bring. Whilst experts believe that M&A activity won’t return to levels seen in 2021, they do expect an increase as markets adapt, recover, and look for ways to increase profit. And that has major consequences for company culture, which is so important to get right in the mergers and acquisition process. More →

Getting back to basics in The Great Workplace Conversation

Getting back to basics in The Great Workplace Conversation

There’s nowhere near enough talk about our base instincts in the Great Workplace Conversation.There’s nowhere near enough talk about our base instincts in the Great Workplace Conversation. Objectively speaking, we remain relatively highly evolved, communal and intelligent primates. And so we are driven by things we like to admit to – love, empathy and the Golden Rule. But also things we don’t care to admit to in quite the same way – status, jealousy and self-interest. More →

Progress depends on heterodox thought and difficult questions

Progress depends on heterodox thought and difficult questions

Between the 9th and 13th Centuries, the world’s intellectual centre and the source of much of its progress, discovery and achievement was Baghdad. This was the Muslim Golden Age and at its core was the House of Wisdom, established by the Caliph Harun al-Rashid. At one point, this library housed the largest collection of books on Earth and drew the greatest minds in the world to share ideas, innovate and explore ancient sources of science and wisdom from Greek and Persian texts. Muslim, Jewish, Christian and atheist scholars worked together to advance human understanding until a slow decline culminated with a later Caliph declaring that its diversity of thought should bow to a literal interpretation of the Quran and Hadith.

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The six skills managers will need for the future of work

The six skills managers will need for the future of work

When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership.Conversations around how work and leadership will change in the coming years have inevitably been accelerated by the pandemic. Companies all over the world have been urged to seek new digital tools, solutions and methods for communicating, making decisions, and activating projects remotely. The companies that emerged most successfully from the Covid era were those that, despite all the uncertainty at the time, decided to adapt and view the pandemic as an opportunity for change rather than an obstacle. When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership. More →

Artificial intelligence could mean we all do more work, not less

Artificial intelligence could mean we all do more work, not less

There’s a common perception that artificial intelligence (AI) will help streamline our work but is that really true?There’s a common perception that artificial intelligence will help streamline our work. There are even fears that it could wipe out the need for some jobs altogether. But in a study of science laboratories I carried out with three colleagues at the University of Manchester, the introduction of automated processes that aim to simplify work — and free people’s time — can also make that work more complex, generating new tasks that many workers might perceive as mundane. More →

The rise of the pods shows how the workplace pendulum swings

The rise of the pods shows how the workplace pendulum swings

Workplace designers removed the walls. And the furniture industry is selling them back to us; now portable and demountable.Long before the office died (I read its obituary in several publications) there were hotly contested debates about open plan offices. That is of course before those debates were eclipsed by more current workplace rantings (ask the editor). Skimming through the open-plan office timeline, Herman Miller launched action office, L-shaped desks with screens became shared benches, and decades later tech brands rolled out efficient open-plan workspaces around the globe, with Facebook creating the biggest open-plan office of all time with 2,800 employees. Gulp. Open plan officer workers and workplace professionals moaned about acoustics, stress, and more recently, germs in large open workspaces. More →

UK businesses are out of touch with the real sources of employee stress

UK businesses are out of touch with the real sources of employee stress

96 percent of firms do not believe that employee salaries are a major stress factor for staff during the cost-of-living crisisThe cost-of-living crisis is driving a wedge between employers and their staff. In a recent research report, we surveyed 500 employers to discover what they believe causes their staff the most stress. Surprisingly, an overwhelming 96 percent did not believe that employee salaries are a major stress factor for staff during the cost-of-living crisis. Instead, they felt major contributors included heavy workloads, long hours, and tight deadlines. More →

Working parents are resilient, and a resilient team is good for business

Working parents are resilient, and a resilient team is good for business

Parent Mental Health Day renewed our focus on working parents and their resilience, the ability to adapt to change, deal with stress, and foster optimismLast week, Parent Mental Health Day renewed our focus on working parents and their resilience, the ability to adapt to change, deal with stress, and foster optimism despite difficulty. From a business perspective, resilience is the way that employees recognise and respond to challenges as opportunities to develop rather than as a threat or setback. Resilience is an important skill for us all as we manoeuvre through life’s daily trials and it is particularly important for working parents as we often juggle more responsibilities outside of the workplace. More →

Do you walk or talk people centric change for success?

Do you walk or talk people centric change for success?

People centric changeIn previous articles, I shared that there is a McKinsey report that states that 75 percent of the organisations that were listed at the time on the S&P would no longer exist by 2025 – they would either merge, be bought out or go bankrupt.  This all means that organisations have to change and adapt or die. That is now less than 2 years away, so some organisations are now gone, some are struggling and some have adapted. With that said, organisations can no longer afford to get change wrong – they have to get it right and right now. And one way of doing this is to focus on people centric change. More →

AI presents us with a chance to rediscover what it means to be human

AI presents us with a chance to rediscover what it means to be human

We won't beat AI by relying on formulaic thinking and ideas, so we need to rethink creativity and what it means to be humanLike a lot of people right now, I am struggling to get my head around where we are going with AI. Look around and you’ll see the breathless excitement at the sheer amazingness of it all. And examples of its limitations, how it screws up, how military grade AI can be fooled by somebody hiding in a box, and its sense of humour failure. All of this is demonstrably, paradoxically true. More →