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Three quarters of flexible office operators eye expansion and landlords want a piece of the action

Three quarters of flexible office operators eye expansion and landlords want a piece of the action

by • Flexible working, News, Property

Instant Group flexible officeAround three quarters of flexible office operators globally are looking to expand – primarily in city centres – while 64 percent of landlords want to deliver flexible office solutions, according to The Instant Group’s Future of Flex 2022 flexible office survey. The Instant Group’s annual flexible workspace survey, which is based on providers representing more than 3,700 locations across the globe, also delves into changing occupier motivations within the industry, and how both operators and landlords are reacting to these demands. (more…)

Self-confident bosses are most resistant to change, study claims

Self-confident bosses are most resistant to change, study claims

by • Business, News

Chief Executive Officers with exaggerated self-confidence show a preference for steadiness within organisations, claims new research from the University of Mannheim Business School. Marc Kowalzick, Post-Doctoral researcher at the University of Mannheim Business School, and Moritz Appels, former University of Mannheim PhD student and now Assistant Professor at Rotterdam School of Management, Erasmus University, address a central dilemma in our understanding of CEO hubris: Are these CEOs particularly inclined to change their firms’ trajectories or not? (more…)

Lambeth plans major expansion in sustainable office space

Lambeth plans major expansion in sustainable office space

by • Company news, Environment, Property

Lambeth plans major investment in sustainable office developmentsLambeth is set for London’s biggest increase in sustainable office space over the next decade with an estimated six million square feet of extra space for business set to be created. A report commissioned by Lambeth Council details this expansion, how it supports the borough’s growth priorities and delivers space fit for the future of work. The report ‘Lambeth: The Future of Sustainable Work’ sets out how expansion supports the council’s bold ambitions to foster well-paid jobs in growth sectors for the borough’s young people, to achieve its Net Zero by 2030 outcome and to create an environment for local entrepreneurs to flourish. (more…)

People in the West continue to express ambivalence about the metaverse

People in the West continue to express ambivalence about the metaverse

by • News, Technology

An illustration of a suited man using a headset to access the metaverseA new poll from law firm Gowling WLG claims to reveal a stark difference in attitudes in Western and Eastern nations when it comes to the metaverse. It claims that the technology is set to change how we work and socialise forever, and that early adopters like China and the United Arab Emirates are already reaping the economic benefits. The firm’s Immaterial World report compared attitudes towards the metaverse in six international markets. The research found that four-in-five (83 percent) Chinese consumers would consider taking part in virtual experiences, more than twice as many as in the UK (37 percent). (more…)

Majority of firms currently using technology to plug talent gaps

Majority of firms currently using technology to plug talent gaps

by • News, Technology

In the face of hiring and skills issues, 77 percent of UK organisations say they are finding ways for technology to do jobs formerly performed by people, according to a new poll from Rackspace Technology.  According to the survey, two thirds (64 percent) of UK companies are downsizing their staff, facilitated by technology, out of a necessity, with roles in customer service the most likely to be automated, as identified by 70 percent of business decision makers – followed by IT operations (62 percent), sales and marketing (57 percent), business operations (56 percent), and HR and admin (56 percent). (more…)

Business owners lose sleep over impact of mental health on their business, but don’t act

Business owners lose sleep over impact of mental health on their business, but don’t act

by • News, Wellbeing

An illustration of the insides of people's head to depict poor mental health A new poll claims that the majority of business leaders say that mental health support isn’t available for their employees or isn’t utilised enough, despite acknowledging how poor mental health impacts business performance. The survey was conducted by GoProposal and is based on 750 small business owners in the UK. It claims that over half of businesses (55 percent) either have no mental health support in place for their employees or have support processes that aren’t used enough. (more…)

Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

by • News, Wellbeing, Workplace

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. (more…)

Half of small business owners have no fixed working hours at all

Half of small business owners have no fixed working hours at all

by • Business, News, Wellbeing

A smiling small business owner works at a laptop with coffeeA new report from Samsung suggests that the stereotype of the typical small business owners as a person who work around the clock is outdated. Around half of full-time business owners in the UK say they have no fixed work hours at all, preferring a fluid workday set up. One-third (31 percent) of business owners also said they commit to fewer than 7 hours as a typical core working day, preferring to work when optimal to their businesses. (more…)

The workplace circus continues to entertain, but back in the real world…

The workplace circus continues to entertain, but back in the real world…

by • Comment, Flexible working, Technology, Wellbeing

A painting of a clown sitting alone, waiting to enter the workplace circusThe Great Workplace Circus headlines its 322nd show of the year with everybody’s favourite distraction, Elon Musk, being driven into the ring by his own shoddily built clown car, declaring he needs everybody at Twitter to be ‘extremely hardcore’ before sacking a few people from his space programme, then setting fire to the tent himself. The swarm of stories spawned by this extraordinary behaviour include this tired and predictable rant in the Telegraph about ‘lazy Brits’. Ironically, there’s nothing lazier than a columnist on this rag with some space to fill. (more…)

Imposter syndrome stands in the way of people aiming for a ‘portfolio career’

Imposter syndrome stands in the way of people aiming for a ‘portfolio career’

by • News, Workplace

A man holding a mask away from his face to show how imposter syndrome is holding back people wanting portfolio careers.A new report from the UK’s Department for Education claims that over half of adults in England (52 percent) would consider developing a portfolio career if they had more confidence in their own abilities. The figure rises to 71 percent for those working in HR, and 45 percent of workers would do so if they suffered less from so-called imposter syndrome. The research comes as the Department for Education launched a new campaign earlier this year calling for skilled workers to pass on their valuable experience by teaching in further education (FE). The campaign promotes the flexibility of teaching part-time in FE, enabling industry professionals to ‘change lives without changing careers’ by passing on their work-based skills and knowledge to the next generation of learners in their field alongside their current job. (more…)

Corporate real estate sector facing up to tough year ahead

Corporate real estate sector facing up to tough year ahead

by • News, Property

A person walks down an empty street in a central business district to reflect concerns about corporate real estateCorporate real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments. Emerging Trends in Real Estate Europe 2023 is the twentieth annual survey by the Urban Land Institute (ULI) and PwC UK of European real estate sector leaders’ expectations for the year ahead. Based on the views of around 900 real estate leaders from across Europe, the report claims that 91 percent concerned about inflation, closely followed by interest rate movements (89 percent) and European economic growth (88 percent). Political uncertainty at the global, regional and national levels are of high concern as well. (more…)

Home office products from Bisley debut on JohnLewis.com

Home office products from Bisley debut on JohnLewis.com

by • Company news

Bisley Belong desk for the home officeBritish office furniture designer and manufacturer, Bisley, has launched on the JohnLewis.com website with 27 core products in a multitude of colourways. The range leads with products from the brand’s Belong collection, which was created during the pandemic and influenced by the evolving requirements of the 2020 workplace. Nearly 1 in 5 products ordered via the Bisley website are now home office focused items, in a marked evolution from their long heritage as a workplace brand. (more…)

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