Search Results for: decision making

AI is the biggest business disruptor on world stage

AI is the biggest business disruptor on world stage

by • News, Technology

UK Asis TechAI and its transformational effect on the global business landscape was the dominant theme on day one of the UK Asia Tech Powerhouse Conference. Transforming urban mobility thanks to rapidly growing cities, and how Asian cities are leading the march towards a digital future also featured in the first of the two-day event, with influencers from across trade, investment and technology, including Singaporean entrepreneur Annabelle Kwok and Mark Purdy, Accenture’s Group Chief Economist and Managing Director at Accenture Research. (more…)

On target for a toxic workplace culture

On target for a toxic workplace culture

by • Comment, Workplace

A young woman using a sextant to illustrate the idea of setting targets to create a good workplace cultureSetting clear and bold targets has become part of leadership 101. We take it for granted that the first action for anyone taking over the helm of a business or team is to state or re-state targets. The rise of “management by objectives” in the 1970s drove the initial focus on target-setting and, in line with shoulder pads and lapel width, the 1990s saw a shift in management culture to ‘bigger is always better’. In 1994 Jim Collins and Jerry Porras wrote their highly influential best seller Built to Last. In it, they memorably wrote of the power of BHAGs – big, hairy, audacious goals. Targets were no longer for hitting but represented something bigger, a longer-term vision of the future.

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Boosting low carbon building renovation across Europe

Boosting low carbon building renovation across Europe

by • Cities, News

Today, the World Green Building Council’s European network, in collaboration with eight cities and partners announced the launch of Build Upon, the next phase of what it claims is the world’s largest collaborative project on building renovation. With cities across the world declaring climate emergencies and climate action high up on the agenda for the European elections, this European Union (EU) funded project will empower cities across Europe to join forces with national governments and industry to decarbonise their existing building stock by 2050 and so increase the proportion of low carbon building across Europe. (more…)

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

by • Features, Property, Technology, Work&Place, Workplace design

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

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Co-design is an old idea, but it belongs to the 21st Century like never before

Co-design is an old idea, but it belongs to the 21st Century like never before

by • Comment, Workplace design

A group of people share ideas around a tableAs with so many apparently new ideas that resonate in a contemporary context, co-design has a long history. Originally referred to as cooperative or participatory design, it was first applied in Scandinavia in the 1960s and 70s, especially as a way of engaging stakeholders in the public sector in the design and development of IT projects, healthcare and workplaces. Arguably, our modern understanding of the idea was first set out by C.K. Prahalad and Venkatram Ramaswamy in a 2000 Harvard Business Review article called Co-opting Customer Competence and a subsequent book by the authors on the subject. They argue that there is a growing trend for firms to actively seek the insight and competence of customers to offer them better solutions, tailored to their own needs. (more…)

Smartphone addiction is driven by need to connect, but means we make bad choices

Smartphone addiction is driven by need to connect, but means we make bad choices

by • News, Technology, Wellbeing

Two new studies published in the Journal Frontiers in Psychology explore our complex relationships with smartphones. The first study from Canadian researchers, concludes that our addiction to smartphones is a real phenomenon but one that is rooted in a primal desire to connect with other people, suggesting that smartphone addiction is best described as hyper-social, rather than anti-social. However, the second study led by academics in Brazil claims that a pronounced preoccupation with smartphones can lead to poorer decision making.

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Mobile working is a recipe for business success

Mobile working is a recipe for business success

by • Comment, Technology, Workplace design

Today, the Fourth Industrial Revolution is changing the face of work as we know it: introducing AI and automation to the workplace and creating a drastic shift in the skills required by organisations today. As automation increasingly frees employees up from the repetitive, process work that can so often dominate their day-to-day, organisations are instead looking to employees to showcase their critical thinking and creativity. Indeed, McKinsey’s Skill Shift confirms that by 2030 the demand for higher cognitive skills, such as creativity, critical thinking and decision making will grow by 14 percent in Europe.

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Communication skills trump experience as quality employers look for in candidates

Communication skills trump experience as quality employers look for in candidates

by • News, Workplace

New research from The University of Law Business School has analysed over 700 keywords from the job specifications of 30 common business roles (across three popular job sites), to reveal what employers are looking for from candidates. The research highlights the crossover in skills and requirements across roles and industries, helping encourage those considering a career move, or just starting out in the world of business by showing how qualified they may already be for a new career. Its key finding is that employers are hugely more interested in people’s interpersonal skills than their work experience.

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How do we reach consensus about what constitutes good design?

How do we reach consensus about what constitutes good design? 0

by • Comment, Furniture, Technology, Workplace design

Gianluca_Gimini-Velocipedia-5In shows and the media, we are often invited to pass judgement on products and ideas that have been created by other people. The reviews that follow often cement some form of accepted view, even if we often outsource the decision making to people who are better placed to decide, or at least better enabled to express an opinion. Such judgements would not function at all in this regard unless there was some underlying consensus about what constitutes good and bad design at the same time that we all believed we know what good taste is and we all know a good piece of design when we see it. In so far as the consensus is universally accepted, we are all right. But how much do we really understand about the things that surround us and their design? And how meaningful is the consensus? In JG Ballard’s novel High Rise, recently made into a film, he writes of the disdain Anthony Royal, the architect of the eponymous tower has for the tastes of its residents.

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Regional office occupier markets enjoyed record breaking level of take-up in 2018

Regional office occupier markets enjoyed record breaking level of take-up in 2018

by • Cities, Facilities management, News, Property

Regional office occupier markets enjoyed record breaking take-up in 2018: Credit Like ArchitectsThere was a record-breaking rate of take-up within the regional office occupier markets outside of London and the South East in 2018, with few signs of Brexit-related uncertainty, according to an analysis by CBRE. Across the ten regional cities monitored by CBRE, provisional analysis shows that overall take-up reached nearly 7.3m sq ft. This level was 16 percent above the five-year average and 6 percent higher than 2017, the previous record-breaking year. The majority of regional office demand has again been driven by the business and professional services sectors.  2018 saw record take-up from flexible office operators across the UK, representing the leading portion of business services take-up. This was the year the co-working revolution surged into regional cities. Birmingham, Bristol and Glasgow were all stand out expansion locations. With more demand from flexible workspace operators – both from established and new entrants, further expansion is anticipated in 2019 albeit at a further pace as markets become more saturated.

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Only a quarter of women and minority employees believe they benefit from corporate diversity programmes

Only a quarter of women and minority employees believe they benefit from corporate diversity programmes

by • News, Workplace

Investment in diversity programmes has become commonplace: 98 percent of companies offer such programs. But that investment is falling far short of the mark: three-quarters of employees in diverse groups—women, racial/ethnic minorities, and those who identify as LGBTQ—do not indicate that they have personally benefited from their companies’ diversity programmes. This is one of the findings of Fixing the Flawed Approach to Diversity, a report from Boston Consulting Group (BCG). The report claims that a key impediment to progress is that older men (age 45 or older), who often lead decision making within corporate environments, are underestimating the obstacles in the recruiting, retention, and advancement of female and minority employees by 10 percent to 15 percent, as measured by comparison with the estimates of members of those actual groups: women, people of colour, and LGBTQ employees. This can lead to a misallocation of resources and a lack of investment in programs that could otherwise have the largest impact.

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Groundbreaking study links productivity to air quality

Groundbreaking study links productivity to air quality

by • Facilities management, News, Wellbeing

A new study of UK indoor office environments has found a direct correlation between the quality of the air in offices and its effect on workplace productivity. The two-year research initiative, backed by facilities company EMCOR and carried out by academics at Oxford Brookes University and LCMB Building Performance found that workers were able to work up to 60 percent faster in lower CO2 concentrations. It revealed that an increased intake of CO2 can lead to poor decision making, slower reaction times and increased tiredness among employees. Currently, UK productivity is 26.2 percent lower than Germany based on GDP per hour worked – and 22.8 percent less than France. Yet despite ten years of tactics to help close the gap, this is the first time environmental factors have been considered.  (more…)

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