Business continuity report confirms technology still biggest threat to firms

Lock backgroundForget the recent UK floods. When it comes to risks to their businesses, it’s still tech that keeps business leaders awake at night, according to the latest annual Business Continuity Institute Horizon Scan report. Technology related threats continue to rank higher than natural disasters, security and industrial action according to the report which gauges the threats that organisations consider to be their biggest concerns. Nearly four-fifths of business leaders fear that an unplanned technological event, cyber attack or data breach will harm their business. Nearly three quarters (73 percent) consider malicious attacks through the Internet a major threat that needs to be managed closely, while nearly two-thirds (63 percent) think that social media remains a challenge. Meanwhile, one of last year’s threats – supply chain resilience – dropped out of the top ten completely.

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Nine essays from UK-GBC on transforming the built environment

Leaders_newsThe UK Green Building Council has published its annual collection of essays from its prestigious Leaders’ Network. The nine essays, entitled A defining decade – radically transforming the built environment by 2025, reflect upon the Government’s industrial strategy Construction 2025 and its vision for the UK’s built environment over the next 10 years. It includes contributions from Nicholas Pollard of Balfour Beatty, Bill Hughes of Legal & General Property, Paul Hinkin of Black Architecture and Climate Change Capital’s James Cameron. In his foreword, UK-GBC Chief Executive Paul King writes: “The essays included in this year’s collection come from a hugely influential and diverse group of leaders from across the built environment who all share a sense of the scale of the challenges ahead.” To view the essays click here.

New data suggests that London no longer belongs to the UK, but the World

London at night

Image: London Snap

One of the subjects touched on in the first episode of Evan Davis’s BBC documentary series about the economic distinctions between London and the rest of the UK Mind the Gap was the impact of investment by the global super-rich into London property. At one point he asked the Malaysian investor behind the £8 billion Battersea Power Station redevelopment whether he’d considered investing in other cities in the UK. The response was a straight no, but the accompanying glance said rather more. London is no  longer a British city but one that belongs to the world, it said, so any comparison with Manchester, Birmingham, Bristol, Leeds, Cardiff and Edinburgh is meaningless. You might disagree with this point of view, but a raft of new data appears to make it very evident indeed that London is now shaped by global plutocrats in a way that cannot be mirrored in the rest of the UK.

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By 2030 your colleagues could be old enough to be your great-grandparents

By 2030 your colleagues could be old enough to be your great-grandparentsBy 2030 four-generation or “4G” workplaces – will become increasingly common as people delay retiring, even into their 80s. Although the role of women in the workplace will strengthen, an increasing divide will mean that while highly-skilled, highly-paid professionals will push for a better work-life balance, others will experience job and income insecurity. Technology will continue to evolve, pervading work environments everywhere, with many routine tasks becoming the domain of the smart algorithm. Multi media “virtual” work presences will become the norm, and as businesses seek additional flexibility, they will decrease the size of their core workforces, instead relying on networks of project-based workers. This is all according to the Future of Work, published this week by the UK Commission for Employment and Skills (UKCES). More →

Average UK working parents now spend more on childcare than mortgages

© Family and Childcare Trust

© Family and Childcare Trust

Last month we questioned the financial wisdom of going to work for Britain’s working parents. Today the question became even more vexed as it emerged they typically pay childcare costs equivalent to over a quarter of the UK average salary. A report from the Family and Childcare Trust says that to have one child in a part-time nursery and another in an after school club would cost £7,549 each year. Not only does this represent 28 percent of the average salary of £26,500 and is more than an average mortgage which is £7,207 per annum. For those with full time childcare the costs are typically £11,700 per year. The report also notes that childcare costs have increased by over a quarter over the last five years and even the Government’s ongoing commitment to childcare is failing to alleviate the situation.

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‘Big Data’ is shaping the human experience within buildings

Empire State Building

As the cost of implementation comes down, the same “Smart” technology that is harnessing the predictive power of “Big Data” to help solve congestion problems in cities is being more routinely deployed in buildings. The Changing Face of Smart Buildings: The Op-Ex Advantage, published by Jones Lang LaSalle, explains how bringing a Big Data analytics-based approach to facilities management can increase employee comfort, engagement and productivity; whether helping organisations adapt more readily to supporting flexible workplace practises or using sustainability as a hook for engaging employees. In one notable example; by adding smart building components to a major Empire State Building energy refit, real-time energy displays enable tenants to better monitor and control their energy consumption, and even compete with other tenants in the landmark building to achieve energy savings. More →

Flexible working mothers often resented by colleagues and worry about career

TightropeWorking women who are offered flexibility to help them balance their jobs and childcare are often resented by their colleagues, according to a new report from  campaign group Opportunity Now. The survey of 25,000 working women aged between 28 and 40 found that two thirds of those surveyed believe they are expected to work longer hours than mothers. Conversely, working mothers are often perceived by their colleagues as less committed according to around half of respondents and there was a general feeling across all those surveyed that flexible working can be detrimental to careers. The report is the latest which highlights the problems many people encounter in working flexibly as a way of achieving a work-life balance.

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UK culture of presenteeism restricts productivity and flexible working

Flexible workingFurther evidence emerges of how the much talked about culture of presenteeism in the UK is hampering the productivity of the country’s workers and restricting the opportunities presented by flexible working. A survey from fit-out company Overbury claims that around four out of five UK employees believe they need to be seen at work to win the approval of bosses and two thirds think it will further their careers even though over two thirds of them (70 percent) believe they get twice as much work done when they are away from the office. “Our research found that presenteeism comes from a complex mix of factors including demands from management, peer pressure and a self-inflicted concern over how others see us. This complexity may be why presenteeism is proving so hard to shift,” said Chris Booth, managing director of Overbury.

New guidance published to help close the health and safety gap

Guidance on closing the health and safety gapThere is nothing more welcome to the ‘elf n safety’ hating tabloid press than tales of health and safety over-zealousness. So they must have rejoiced today at the publication of a new survey which reveals the extreme lengths some small firms mistakenly go to trying to comply. This included completing a risk assessment for using a tape measure or introducing written guidelines for walking up stairs. However, these examples were actually uncovered by the Health and Safety Executive (HSE), itself, which is encouraging small and medium sized employers to use its free online tools and guidance, specifically designed to help them get their risk management right. The H&S ABC is full of straightforward information to help small firms save time, effort and money by identifying the things they really do and don’t need to do. More →

UK Government urged to push ahead with zero carbon commercial buildings

light bulb turbine croppedThe UK’s Green Building Council has fired off its latest salvo in an ongoing battle with the Government over the implementation of environmental legislation for commercial buildings. A new report from the organisation’s Task Group urges the Government to push ahead with plans to ensure that by 2019 all new non domestic buildings will be built to zero carbon standards. The report claims that the implementation of appropriate regulations is hampered by a lack of clarity, including confusion over what zero carbon actually means as well as the government’s own stop-start  approach to the environment. The current 2019 commitment to zero carbon buildings falls a year ahead of the deadline specified in European Law, but a recent focus from the coalition on reducing relevant legislation has added to confusion about the overall approach.

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Not just about the money. Higher wages do not improve employee retention

Money not the motivator, as higher wages does not improve employee retention

Employers that take a broader view of the employee experience beyond pay are more likely to retain talented employees. new research suggests. In a study of European economies by Towers Watson, countries with higher GDP growth tend also to have higher levels of employee attrition, The General Industry Compensation Survey Report findings also show little evidence to suggest that countries with high real-wage growth (i.e. salary increases minus inflation) are able to use that to secure higher levels of employee retention. The research proves that with the emergence of a strengthening employment market means employers will have to work harder to ensure that non-pay related benefits such as an attractive working environment and plenty of opportunities for career advancement are available to attract and retain talent. More →

Don’t assume your colleagues are making you ill; it might be the office layout

Coughs and sneezes spread diseasesIt’s probably tempting to assume that any sniffles and bugs you’ve acquired at work are the direct result of the wheezing, sneezing, coughing and general poor hygiene of your co-workers. You could be right. But a new study suggests that the building and its interior design may well be having more of an influence than you think. The research published in the journal Ergonomics and available to read in full online here, explored the correlation between seven different models of office design and absenteeism in 2,000 subjects. The results published by researchers from Stockholm University in a report called ‘Office Design’s Impact on Sick Leave Rates’ found there was a clear link between how much time people spent off work and the layout of the offices in which they work.

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