Search Results for: future of work

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

by • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. (more…)

UK built environment is woefully under-prepared for climate change

UK built environment is woefully under-prepared for climate change

by • Environment, News

New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate.New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate. On five out of seven critical climate resilience priorities, UKGBC’s scorecard finds that the Government policies in its Third National Adaptation Programme (NAP3) are insufficient, flawed, or missing, placing millions of homes and buildings – and the lives of people occupying them – at serious risk of damage from climate-related disaster. (more…)

Hiring people with patience is good for productivity

Hiring people with patience is good for productivity

by • Business, News

Patience plays a crucial role for team performance, reveals new research by the University of ColognePatience plays a crucial role for team performance, reveals new research by the University of Cologne. The study, conducted by Professors Felix Kölle and Thomas Lauer, investigated cooperative behaviour, as well as its underlying mechanisms, in a setting in which the benefits from successful teamwork accrue only in the future. (more…)

What ever happened to The Great Resignation?

What ever happened to The Great Resignation?

by • Comment, Wellbeing

You may recall that a couple of years ago, The Great Resignation was one of a handful of things with which certain people had become obsessedYou may recall that a couple of years ago, The Great Resignation was one of a handful of things with which certain people had become obsessed. Over a period of about six months at the end of 2021 and beginning of 2022, we were told repeatedly that huge numbers of people were about to quit their jobs to move to something better, pursue their dream of self-employment or whatever. But, the proportion of people saying this was more or less the same as it had always been. Ask people at the end of any year about their plans for the next twelve months, and around 30-40 percent of them will tell you they want a new job or to pursue an old dream.   (more…)

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

by • AI, News, Technology

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. (more…)

MillerKnoll issues 2023 Better World Report, detailing strides to design a better world

MillerKnoll issues 2023 Better World Report, detailing strides to design a better world

by • Company news

MillerKnoll, the global collective of dynamic design brands, has published its 2023 Better World report, detailing the company’s goal to design a better world through sustainability, community impact, and diversity, equity, inclusion, and belonging (DEIB). In 2021, following Herman Miller’s acquisition of Knoll, Herman Miller was renamed MillerKnoll, and the brands’ shared legacies of sustainable and inclusive design were brought together. This report provides metrics and details of initiatives launched by the collective of brands.

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Threat of recession means half of firms say they have stopped innovating

Threat of recession means half of firms say they have stopped innovating

by • Business, News

Half of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their businessHalf of UK C-suites (50 percent) say that the threat of recession has meant innovation has ceased in their business, according to brand new research from consultancy Magnetic. Just 22 percent disagree, with 28 percent undecided. This corroborates the 56 percent who say they’re prioritising the survival of their business above all else; an especially concerning figure when two-thirds of the sample are large businesses with more than 250 employees. (more…)

Creating the epicentre: unlocking the untold benefits of next-generation office spaces 

Creating the epicentre: unlocking the untold benefits of next-generation office spaces 

by • Comment, Flexible working, Property, Technology

Many associate the notion of futuristic office spaces, filled with equipment like sleep pods and beer taps, with companies that have a young workforce or challenger brand identityMany associate the notion of futuristic office spaces, filled with equipment like sleep pods and beer taps, with companies that have a young workforce or challenger brand identity. The association is often linked to tech giants like Google, which created quite a stir when it originally revealed its indoor slides. Whilst the inclusion of playground furniture in the office is not right for every business, the assumption that unconventional workspaces should be limited to unconventional companies simply isn’t true.  (more…)

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. (more…)

People spending more time in offices in search of social interaction

People spending more time in offices in search of social interaction

by • Flexible working, News, Wellbeing

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022, according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers. It identifies that a more permanent approach to office usage is now emerging, as the shadow of the pandemic recedes, as well as demonstrating the changing metrics being applied by occupiers to decisions relating to premises requirements and the more complex environment for landlord asset management. (more…)

‘Return-to-office’ rates vary widely across Europe

‘Return-to-office’ rates vary widely across Europe

by • Flexible working, News

New data demonstrates varying approaches to the so-called return to office across Europe, with France and Belgium leading, spending an average of 3.5 days working from the officeA new survey from JLL, Is hybrid really working? [registration] claims that the majority of international organisations (87 percent) are encouraging employees to work from the office at least some of the time. In fact, only 20 percent of employees who can work remotely all of the time or one-two days in the office now do so, down from 39 percent a year ago. However, the data demonstrates varying approaches to the so-called return to office across Europe, with France and Belgium leading, spending an average of 3.5 days working from the office. Germany, Netherlands, Spain and the UK are however lagging behind with an average of 2.5 days working from the office. (more…)

No one shouted stop, although we all should have seen it coming

No one shouted stop, although we all should have seen it coming

by • Comment, Everything Omni, Facilities management, Property, Workplace design

And No One Shouted Stop! seems to me to be an apt phrase to capture these post- pandemic times as we grapple with work and workplace dilemmas. It comes from the little-known but widely acclaimed book of the same name by John Healy. It is set over 50 years ago and it chronicles the decline of an Irish town. The book’s underlying narrative is a train crash happening in slow motion, people see it coming but nobody feels able to stop it. I sincerely hope that this will not prove to be the case for the world of commercial real estate as it grapples with hordes of tenants asking not just ‘where is my office?’ But ‘why do I need an office?’ (more…)

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