A mixed forecast for the accountancy profession: Brexit highs and digital lows

A mixed forecast for the accountancy profession: Brexit highs and digital lows 0

The accountancy profession is facing an uncertain future in the traditional sense. The question of automation is on everyone’s minds, as are the complexities of Brexit. On the one hand, news from the Association of Chartered Certified Accountants (ACCA) suggests accountants will be in high demand during the Brexit process, on the other, gloomy reports of job automation suggest accountants will be one of the professions hardest hit in Britain’s long-term future. The implications of Brexit are yet to be uncovered. Clearly, Brexit will be a complex process and businesses will undoubtedly require the strategic insight and rigour of the accountancy profession. We have accepted that exiting the EU will likely be a complicated drawn-out process. The effects on business will be bound up in complex trade deals, government policies and the ratification of EU laws affecting business in the UK.

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Yes, facilities management press, your bum does look big in that

Yes, facilities management press, your bum does look big in that 0

I suspect we’ve all got one of those friends. Needy. Constantly seeking validation. Of a new partner. Of a new outfit. Of their choices for all aspects of their life. If the industry media and chatterati are to be believed, facilities management is becoming just such a friend. Handwringing articles asking how FM can best demonstrate the value it brings. In actual fact, the sector seems to be in robust good health. It benefits whatever way the market moves. New buildings means new work. Fewer new buildings means more attention required on ageing stock. Fadism and bandwagon jumping mean there’s constant changes to be made. All grist to the mill of the hardworking facilities management professional at the coalface.

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A nuanced approach to the design of the coworking office

A nuanced approach to the design of the coworking office 0

coworking spaceThe coworking segment of the real estate business is poised for exponential growth in the coming years, as the number of market players around the world today continues to increase. With humble beginnings in an economic recession, the shared workspace trend has captivated both the start-up entrepreneur and the remote corporate worker, alike. This success is due, in large part, to the fact that the coworking model provides an opportunity for a wealth of amenities that go far beyond the traditional office’s standard desk space. These shared, multi-functional facilities are carefully designed to be both vibrant and personable, with endless opportunities for community collaboration and innovation.

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The new normal arrives for the commercial property sector

The new normal arrives for the commercial property sector 0

wework-coworking-new-yorkTraditionally, the two principle vectors for change in the commercial property market have been lease lengths and space standards. Both have shrunk markedly over recent years, subject to the miniaturising effects of technological and cultural change. Even so, the effects of this contraction have taken place within an existing paradigm so have been easily understood, if not always acted upon.So it has been that major property organisations such as the British Council for Offices and CoreNet have been able to produce guides and reports based on well understood principles and without challenging the business models and assumptions of developers, landlords, workplace designers and occupiers. For most the challenges remained the same, not least how to resolve the sometimes conflicting timescales of people, place, property and technology that is the defining tension at the heart of office design and management.

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Wiring your brain to the Internet? What could possibly go wrong?

Wiring your brain to the Internet? What could possibly go wrong? 0

Neuralink – which is “developing ultra high bandwidth brain-machine interfaces to connect humans and computers” – is probably a bad idea. If you understand the science behind it, and that’s what you wanted to hear, you can stop reading. But this is an absurdly simple narrative to spin about Neuralink and an unhelpful attitude to have when it comes to understanding the role of technology in the world around us, and what we might do about it. It’s easy to be cynical about everything Silicon Valley does, but sometimes it comes up with something so compelling, fascinating and confounding it cannot be dismissed; or embraced uncritically. Putting aside the hyperbole and hand-wringing that usually follows announcements like this, Neuralink is a massive idea. It may fundamentally alter how we conceive of what it means to be human and how we communicate and interact with our fellow humans (and non-humans). It might even represent the next step in human evolution.

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Fresh concerns raised about council investments in commercial property market

Fresh concerns raised about council investments in commercial property market 0

As we reported last month, the level of investment in commercial property undertaken by UK local authorities is raising serious concerns within both central government and the real estate sector. Now, a fresh warning has been issued by the former business secretary Sir Vince Cable that councils face potential bankruptcy if the property bubble bursts. In recent years councils have faced an average 37 percent real term cut in government funding and so have taken to borrowing large sums at low interest rates from the Treasury’s Public Works Loan Board to reinvest in commercial property ventures. The move has already been identified as risky by the Government’sown Public Accounts Committee and Cable joins a chorus of voices in expressing doubts.

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Research shows how the gender pay gap can be directly related to motherhood

Research shows how the gender pay gap can be directly related to motherhood 0

Research shows how the gender pay gap can be directly related to motherhoodA new piece of academic research provides more evidence that the underlying reason for the gender pay gap is the discrepancy between the way women with children are treated compared to men, and other women without children. According to new research from Université Paris-Saclay, mothers are paid 3 percent less for every child they have compared to their female colleagues who do not have children, while fathers suffer no such penalty at all. The figures were compiled from a 16-year study of data from organisations in the French private sector between 1995 and 2011 by Lionel Wilner, Director of Graduate Studies at engineering and statistics school ENSAE, a founding member of Université Paris-Saclay. He separated the effect of childbirth from other firm-specific wage determinants, and accounted for full-time and part-time work, to find that the difference between mothers and non-mothers is approximated a 3 percent lower hourly wage. The effect was found to be more pronounced after the birth of the first child. More →

Flexible working is not a magic bullet for workplace ills

Flexible working is not a magic bullet for workplace ills 0

magic-bulletAccording to Oxford Dictionaries the word of the year for 2016 is post-truth. This is a slippery little adjective because while some things are pretty much objectively true, the use of post-truth in many contexts is merely a way of shutting down opinion. It’s especially pernicious when it comes to ideas and philosophy because it assumes that the person using it knows what the truth is, yet the world’s sharpest minds can’t always agree on that As the great Ambrose Bierce defied truth in his caustic Devil’s Dictionary: ‘Discovery of truth is the sole purpose of philosophy, which is the most ancient occupation of the human mind and has a fair prospect of existing with increasing activity to the end of time’. And there’s a good reason why in the Bible Pilate’s question ‘What is truth?’ is met with silence.

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Brexit should be a chance for the UK to enshrine employment rights

Brexit should be a chance for the UK to enshrine employment rights 0

Exploitative employment contracts continue to receive widespread media attention – from shaming the businesses who use them, to prompting questions regarding workers’ rights in Parliament. In light of the Prime Minister officially signing Article 50, to trigger the formal start of the Brexit negotiation period, now is a good time to consider how this will affect the UK’s tarnished relationship with zero-hours contracts? Zero-hours contracts, and their equivalents, are demeaning policies, often backed-up by capricious management practices. They are non-negotiable, offering draconian flexibility in numerical, temporal and spatial terms and conditions.  But would continuing with EU membership have made a difference? The evidence reveals otherwise.

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The point everybody is missing about the backtrack on remote working by IBM

The point everybody is missing about the backtrack on remote working by IBM 0

IBM recently announced that it was going to consolidate its 2,600 marketing department in six locations around the US. Nothing wrong with that you may say, but as part of the consolidation it has to told people to relocate so they can attend the office every day and workers that had been part of IBM’s home working initiative for decades told to turn up at the office every day or find another job. The reason for this radical and trauma creating shift for IBM’s people causing increased commute times, social upheaval and increased carbon emissions is ‘innovation’. IBM needs to transform itself, move faster and come up with new ideas faster.  All makes sense…..or does it?

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Social technology has the power to make the workplace more humane

Social technology has the power to make the workplace more humane

Coloured-Social-Media-Icons-RoundSocial technology can, and should, make the workplace more humane. That’s because it has the potential and ability to shift the power dynamic from the few to the many. It gives more people a voice: one that they’re not afraid to use. You’ve only got to look at the uprisings, and the overthrowing of governments, in Egypt and Tunisia, to see the power of greater connectivity enabled by platforms such as Facebook. What was dubbed the Arab Spring was change on a grand scale. But, as Seth Godin points out in his book Tribes, it’s “tribes, not money, not factories,” that will change the world. The consequences of this are not lost on the people and cultural practices within organisations. The functions of how we recruit, how we learn, and how we communicate are all under pressure to bring greater humanity into the approach.

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Mobile and internet connectivity should be a priority for commerical real estate

Mobile and internet connectivity should be a priority for commerical real estate 0

Mobile and internet connectivity should be a priority for commerical real estate

Cluttons has proposed that a mobile coverage rating should be added to lettable workspace criteria, because despite mobile and internet connections being the fifth essential utility for the modern environment they are often overlooked when leasing space. With the rise of dependence on SIM-based equipment, the property firm argues that workplaces should be let with a coverage rating, measuring connectivity within a property. It argues that given the fast-paced evolving nature of the sector, landlords who invest in excellent telephony infrastructure are likely to secure tenants for longer periods and potentially achieve higher rental values. The approach is being borne out by the government recognising the importance of better mobile and internet infrastructure, by making it a focal point to extend superfast broadband to 95% of the UK by the end of 2017. This comes as no surprise given that several emerging markets are leap-frogging the adoption of technology and are quickly outpacing the UK in the sophistication of infrastructure on offer to occupiers. London is ranked near to the bottom of the internet connectivity league table when looking at Europe.

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