Search Results for: financial

February 12, 2013

Tech and media companies continue to reshape the world’s cities

by Mark Eltringham • Architecture, News, Property, Technology, Workplace design

Tech and media companies continue to shape the world’s cities and local property markets according to a recent report from BNP Paribas. While this is a global phenomenon, some of the most dramatic developments will take place in London, not least a shift of tech firms in the city away from their heartland towards Kings Cross following Google’s $1bn purchase of 2.4 acres of land within a major new development in the area. The new development may become a hothouse for technology companies in spite of the UK Government’s focus on promoting Tech City and surrounding areas in East London. More →

February 12, 2013

Whatever the office of the future is, it should be there to serve people

by Mark Eltringham • Comment, Facilities management, Furniture, Technology, Workplace, Workplace design

Futurology is notoriously a mug’s game. Especially when it comes to making predictions about technology. Just ask Ken Olson, the founder of DEC who in 1977 pronounced that ‘there is no reason anyone would want a computer in their home’. Or Bill Gates himself who once claimed that Microsoft ‘will never make a 32 bit operating system’. But that shouldn’t make us blind to those predictions that we know will largely come true, not least those based on what we know is happening in the present. This is typified by research carried out by Cass Business School and Henley Business School and presented in a book called Future Work: How Businesses Can Adapt and Thrive in the New World of Work. It found that two-thirds of the 360 managers it surveyed believe that there would be a revolution in working practices over the coming decade. Ninety per cent said that staff were more productive when empowered to decide when and where and how to work.

February 11, 2013

British investors still see Dubai as an attractive proposition

by Mark Eltringham • News, Property

British investors continue to see the property market in Dubai as a good bet, according to new statistics from the Emirate’s Land Department. Of the $16 billion invested in Dubai properties last year, over $12 billion came from overseas investors. Indians led the field with total investments of $2.5 billion followed by Britons ($1.36 billion) Pakistanis ($1.09 billion) and Russians only $545 million – roughly the amount Roman Abramovich hides in his sock drawer for emergencies. The department’s director-general, Sultan Butti Bin Mejrin, said this showed how Dubai had recovered from global financial crisis with the help of support from local government.

February 8, 2013

What Ronald McDonald can teach us about office design

by Mark Eltringham • Comment, Furniture, Workplace design

As the UK continues to agonise over the potentially equine provenance of many of its beef products, one firm that has managed to stay above it all is McDonald’s. While rivals Burger King quickly became embroiled in the scandal after traces of horsemeat were found in its Burgers, McDonalds ramped up its claims in the national media that it only uses 100 per cent beef. McDonald’s has had a pretty good couple of years, and not all of it is down to the food. During 2012, the company spent $1.45bn this year on giving 2,400 stores a makeover. It claims that it has now revamped 90 per cent of its UK stores. More →

February 6, 2013

Crowdfunding could open doors for architects and their clients

by Sara Bean • Architecture, Knowledge, News, Workplace design

Crowdfunding, the practice of investing in projects through the use of a crowd-supported web based fundraising campaign, could be of equal benefit to architects as it is to new business ventures and web-based innovations. According to a white paper by the American Institute of Architects, “Crowdfunding Architecture,” this increasingly popular tool is being used to leverage dedicated internet fundraising websites to provide investment and communications tools to encourage financing for a broad array of projects.

February 5, 2013

MIT survey shows link between sustainability and profitability

by Mark Eltringham • Environment, Knowledge

A report published today by the Massachusetts Institute of Technology (MIT) Sloan Management Review and The Boston Consulting Group has found that more than half of companies see a rise in profits when they embrace a more sustainable business model. In addition to the link between sustainability and profitability, the number of companies reporting a profit from their sustainability efforts rose 23 percent last year, to 37 percent of the total, according to the report entitled The Innovation Bottom Line. The survey of 2,600 managers and executives around the world, also found that nearly half of respondents said their companies had changed their business model as a result of sustainability opportunities. More →

January 31, 2013

A Field Guide to Workplace Terminology

by Simon Heath • Comment, Facilities management, News, Property, Technology, Workplace design

As the ecosystem around the workplace industry grows ever more complex, so too does the language we use to describe it. In an attempt to bring order to chaos, guest writer Simon Heath presents here a glossary of terms, acronyms and abbreviations to help you navigate these linguistic waters. (For example Business Intelligence – A commonly used oxymoron.) For more of Simon’s worldly, wise and witty writing on all things work and workplace related, visit his blog at https://workmusing.wordpress.com.

January 31, 2013

New York state of mind to increase building energy efficiency by 20percent

by Sara Bean • Environment, Facilities management, Lighting, News, Technology

Build NY

In one of the most ambitious green initiatives in the United States, New York Governor Andrew Cuomo has issued an Executive Order directing state agencies to increase energy efficiency in state buildings by 20 percent in seven years. He also announced Build Smart NY, a plan to strategically implement the Executive Order by accelerating priority improvements in energy performance. The largest and most inefficient buildings will be addressed first and undergo comprehensive whole-building improvements, including new lighting fixtures and controls, heating, ventilating and air-conditioning systems and automated energy management systems. More →

January 30, 2013

Survey reveals world’s speediest and highest lifts

by Mark Eltringham • Architecture, News, Workplace design

Building information database provider Emporis has unveiled what it believes to be the world’s speediest lifts in a new survey. The company found that the fastest in the world were those in the Taipei 101 tower (above) manufactured by Toshiba. A Mitsubishi lift in Japan’s Yokahama Landmark Tower was named as the second-fastest, while the Otis manufactured lifts in Dubai’s 828m-high Burj Khalifa share third place with three other buildings. The results are inevitably clustered given the limitations of the human body to withstand rapid ascents and descents. More →

January 28, 2013

Economic boost for UK builders with Green Deal launch

by Sara Bean • Environment, News, Property

The Green Deal launches today to help improve the energy efficiency of the UK’s built environment by enabling householders and businesses to secure the up-front capital to make energy efficiency improvements to their buildings. Refurbishing existing buildings to new standards and turning them into good green assets has recently been identified as one of the best bets for the property sector in the year ahead and today UK-Green Building Council’s Paul King said the launch of the energy efficiency scheme could help create jobs and stimulate economic activity.

January 23, 2013

Global Gen Y survey highlights national differences

by Mark Eltringham • Environment, Knowledge, News, Workplace

Never has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too. More →

January 23, 2013

Global trust demands business acts as force for good

by Sara Bean • Knowledge, News, Workplace

Edelman_blogs-02-620x315

Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”