One in four HR teams have no boardroom involvement

One in four HR teams have no boardroom involvement

by • News, Workplace

Many HR departments feel they are being left out of strategic boardroom decisions across the UK, according to research published by Reed HR.  Around one in four HR professionals surveyed  said that their companies did not involve them in key strategic business decisions. In addition, four in five agreed that changing demands for employee benefits has impacted the responsibilities of the HR professional. And, of the 200 HR professionals taking part in the survey, only 10 per cent agreed that technology was having the biggest impact on the industry despite fears about AI replacing jobs. The majority (72 percent) of those asked said Brexit was making an impact on the sector with a quarter (24 percent) saying it was having the most influence. (more…)

Jobs upheaval as world adapts to era of automation

by • AI, News, Technology

A new report from the Economist Intelligence Unit and UiPath claims that organisations around the world currently making extensive use of automation technologies, with 67 percent of UK business executives claiming to be satisfied satisfied with the results of their automation initiatives, 48 percent describing their organisation’s progress with automation as advanced, and 73 percent expecting their company’s operating costs to improve as a result of automating business processes. It is published on the same day as another report suggests that up to 20 million manufacturing jobs could be lost to robots across the world’s leading economies by 2030, replaced by a range of new jobs. (more…)

WeWork completes largest office deal in Birmingham this year

WeWork completes largest office deal in Birmingham this year

by • News, Property

Six Brindleyplace, the new home of coworking provider WeWork in BirminghamWeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. ft. of Six Brindleyplace is believed to be the largest office deal in Birmingham so far this year, bringing its total offering in the city to 200,000 sq. ft.  (more…)

Tech laggards face extinction unless they innovate

Tech laggards face extinction unless they innovate

by • News, Technology

Many larger businesses are struggling to implement digital transformation in spite of the dangers to their long term survival, a new joint report from CBI and Oracle claims. According to Bigger, Faster, Stronger, the improved adoption of technology could unlock productivity and wage growth. Research shows that more adoption, coupled with better management practices, could add £100 billion to the UK economy and cut income inequality by 5 per cent. However, only 54 per cent of UK companies believe disruptive technologies play an important role in their organisation, much lower than in countries such as France, Germany, India and Russia. (more…)

WELL Building Institute signs up for UN compact

WELL Building Institute signs up for UN compact

by • Environment, News, Wellbeing, Workplace design

The International WELL Building Institute (IWBI) has signed up to the United Nations Global Compact, the voluntary leadership platform for the development, implementation and disclosure of responsible business practices. The UN Global Compact sets out ten principles on human rights, labour, environment and anti-corruption. IWBI’s WELL Building Standard, a rating system for the creation of buildings and communities that aim to enhance human health and wellbeing, identifies in its standard how each of the Sustainable Development Goals (SDGs) are supported by WELL’s work. To date, over 2,100 projects have registered or certified nearly 400 million square feet of space. (more…)

Dublin EFMC conference brings together the facilities world

Dublin EFMC conference brings together the facilities world

by • Facilities management, News

The Aviva Stadium in Dublin hosted from 13th to 14th June the 27th Edition of EFMC, the European Facility Management Conference. The event, held for the first time in the Irish capital, has brought together international experts of the FM sector and has served as a platform of communication amongst facilities managers, suppliers, Universities and associations. The event culminated with tours of One Microsoft Place and the offices of Google in the Irish capital. In the closing ceremony it was announced that EFMC 2020 will be held in Barcelona. (more…)

Surge in demand for London office space

Surge in demand for London office space

by • News, Property

May 2019 saw a total of 13.3m sq ft of London office space under construction across 98 developments. 60 percent of this space has already been let or is under offer, the highest level to be achieved in over 15 years. This is according to new data from real estate advisor CBRE. Take-up of office space rose above the 10-year average in May 2019, increasing to 1.2m sq ft. There were eighty transactions, of which twelve were greater than 20,000 sq ft in size. The largest deal of the month saw the European Bank for Reconstruction & Development take 358,700 sq ft at Five Bank Street (pictured). (more…)

US workers do not want to work from home all the time

US workers do not want to work from home all the time

by • Flexible working, News, Workplace design

Most US workers prefer to spend some time in an office (83 percent) over fully working from home, according to a new survey of full-time employees from Clutch. Respondents claim that office based work helps them collaborate with coworkers and feel included in the company’s culture. However, more than half of employees (52 percent) say they prefer a private office to a workstation in an open floor plan or cubicle office at work. (more…)

Cultural issues hold back digital transformation

Cultural issues hold back digital transformation

by • News, Technology

New research from Oracle and the WHU – Otto Beisheim School of Management claims that many organisations have invested in the right technologies to enjoy the benefits of digital transformation, but lack the culture, skills or behaviours necessary to reap them fully. According to the report (registration), business efficiency increases by two thirds when the right technology is implemented alongside seven key factors but only by a fifth when implemented without them.

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Flexible office revolution shows no signs of slowing

Flexible office revolution shows no signs of slowing

by • News, Property, Workplace design

The latest research from JLL, Disruption or distraction, where next for the UK flex market sector, claims that the real revolution of flexible office space lies in the variety of solutions now on offer and that the market has seen more changes over the last three years than the previous 30 combined as it continues to grow and evolve. JLL’s research claims that over the next five years more than 10m sq ft will be added to the stock in the key UK cities and flex space will account for over 8.5 percent of the total office stock by 2023. (more…)

HSBC strikes 1000 desk deal with WeWork

HSBC strikes 1000 desk deal with WeWork

by • Coworking, News, Property

HSBC has agreed a deal to locate more than a thousand members of London staff in a WeWork coworking space in London. WeWork confirmed to the Financial Times that the bank has signed up for 1,135 desks at its new building at 2 Southbank Place.  The move is further proof of how coworking has become a mainstream option for large corporations as they seek to get more value our of their property and introduce new working methods. HSBC’s corporate real estate team and other staff already work from coworking spaces, but the new deal marks a step change in its strategy.

Image: WeWork’s existing coworking space at Waterloo

London remains second most expensive office market

London remains second most expensive office market

by • News, Property

Hong Kong Central and London’s West End held onto their top spots in a ranking of the most expensive office market locations in the world at $322 and $220.70 per sq. ft. per year respectively according to the latest Global Prime Office Occupancy Costs report from CBRE. The ten most expensive markets were the same markets as last year, though several have changed positions within the top category. The biggest gainer within the top 10 was Midtown Manhattan ($196.89) in New York City, which climbed to the fourth most expensive market this year from the sixth last year. London City retained its number 10 position on the list at $139.75 per sq. ft. (more…)

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