July 4, 2019

Smart cities spend to top $189 billion in next five years

by Neil Franklin • Cities, News, Technology

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. More →

July 2, 2019

FTSE firms on track to meet women on boards target

by Neil Franklin • News, Workplace

Firms in the FTSE 100 are on track to reach the target of 33 percent of women on boards by 2020 that was set by the Hampton Alexander Review. In its July update, the organisation reports that 27.5 percent of FTSE 250 board positions now held by women, up from 24.9 percent three years ago. The figures suggest that if progress matches the same gains made over the last 3 years, then FTSE 100 companies are on track to meet the 2020 target. Just under a third (32.1 percent) of FTSE 100 board positions are now held by women, up from 12.5 percent in 2011. More →

June 25, 2019

Office furniture firms take their partners

by Colin Watson • Comment, Furniture, Workplace design

The development of products for the workplace follow many trends, generally aiming to provide that ideal setting for maximum effectiveness and fully tuned to the philosophies of the day. The processes involved can occupy a good proportion of time and energy for the workplace specialist and office furniture maker and feature heavily in the media. But, behind all the product cacophony, there are activities, often unseen, that make more difference to what will become available in furnishing the workplace. More →

June 4, 2019

Sedus Stoll enjoys record breaking year

by Freddie Steele • Company news, Workplace design

Sedus Stoll Group has announced another impressive set of financial results with an increase in revenue to €212.3 million (2017: €191.2 million), surpassing the €200 million milestone by a large margin for the first time in its history, and a profit of €9.8 million. As well as a 2.2 percent overall increase in the total market volume for its office furniture business, the firm enjoyed an increase in new orders of 5.3 percent, consolidating its position as one of the most successful and innovative firms in the European market. More →

May 31, 2019

London leads the way in coworking

by George Eltringham • Coworking, News

Over recent years, we have witnessed significant changes when it comes to the workplace. Women are continuing to push through the glass ceiling, offices are starting to look more likes homes and businesses are opting for a more flexible and sociable working environment. This rise in coworking and other forms of flexible office space is just one of the latest trends to emerge from the corporate world, and according to a report by office brokers Office Freedom, London is at the forefront of this growing market. More →

May 31, 2019

Jobs and pay on the rise, despite economic uncertainty

by Marie Hillen • News, Workplace

The last three months have seen steady growth in the number of advertised jobs on offer, despite Brexit uncertainty, according to the latest UK Job Market Report from Adzuna. Pay rates are also on the rise, as average UK advertised salaries have outpaced inflation rates of 2 percent. Compared to the average salary on offer in April 2017 (£32,678), wages have been boosted 9.3 percent. Competition for jobs has also fallen to a record low, with a ratio of 0.21 jobseekers per vacancy in April. This means there are around five times more jobs being advertised than workers looking for new roles, the highest rate recorded since Adzuna began collecting the data seven years ago. Competition for jobs is now significantly lower than the ratio of 0.43 jobseekers per vacancy recorded a year ago, with the talent war showing no signs of letting up.

May 21, 2019

CRE investment highest in cities with strong tech culture

by Marie Hillen • Cities, News, Property, Technology

Cities with tech innovation-oriented cultures have a strong competitive advantage amongst those investing in commercial real estate, claims a new report from JLL (registration). Of 109 cities analysed, the nine leading global markets – Boston, London, New York, Paris, San Francisco, Seattle, San Jose, Sydney and Tokyo, accounted for around 37 percent of total annual real estate investment volumes over the past decade. Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems, the report suggests. These cities sustain highly skilled workforces and are best placed to succeed in the future.

May 3, 2019

Is stress killing creativity and innovation in your organisation?

by Alf Rehn • Comment, Wellbeing

Around 90 percent of CEOs state that they are displeased with returns of their investments into innovation. Companies invest in innovation projects, hire innovation consultants, run innovation workshops, and send their best and brightest to conferences and courses on innovation, yet fail to see the magic appear. Angered by this, many companies double down, throwing yet more money on innovation, only to see that returns fail to appear.

April 30, 2019

Role of AI and automation in recruitment poses a challenge for HR

by Mark Eltringham • News, Technology, Workplace

Last week, news emerged that an automated system at Amazon had started firing low performing workers, highlighting the new role of AI and automation in traditional HR practices. Now a new report from the CIPD claims that the use of such systems will have a widespread but mixed impact on jobs. According to the study, the introduction of these new technologies at work will see job opportunities grow, by enhancing roles, employee skills and their pay. However, lack of thought and planning on how people and technology work together is reducing productivity improvements and increasing the risk of people being left behind.

April 5, 2019

Brexit, Brits and blending: what MIPIM told us about the state of corporate real estate

by Anna King • Comment, Property

MIPIM celebrated its 30th anniversary during uncertain political and economic times, yet the mood was positive and even the backdrop of an impending Brexit decision failed to derail the UK contingent. However, the one thing missing from MIPIM in 2019 was British politicians. They were all back home, participating in decisive votes in the House of Commons as Parliament continued to kick the Brexit can down the road.

March 21, 2019

Digital workplace pioneered by medium sized businesses, study claims

by Neil Franklin • News, Technology

Medium-sized businesses now account for over 60 percent of US jobs, and are investing fast in technology. However, with digital now a priority for businesses of all sizes, they must ensure they have the necessary skills and security management in place to handle the change, or risk falling behind competitors according to a new report from Aruba. More →

March 18, 2019

Pressing self-destruct, a final solution to workplace noise, a broken psychological contract and some other stuff

by Mark Eltringham • Features

I’ve never really wanted to go to MIPIM. I’m suspicious of it all for a number of reasons I won’t go into although you might reasonably guess what they are. So, I enjoyed this piece from Polly Plunket-Checkemian about her own misgivings. I understand that the testosterone level has been dialled down recently, but like Polly I’d like to see a re-examination of its format and intent, especially given that the real estate sector is having to rethink where it fits into the new era of work and meets the challenge of coworking.