Search Results for: industry

Cost and a lack of awareness are barely holding back surge in demand for green real estate

Cost and a lack of awareness are barely holding back surge in demand for green real estate

There is growing demand for green real estate in the APAC region, despite ongoing challenges in raising awareness and the higher costs involvedThe new RICS Global Sustainability Report for 2023 claims that there is growing demand for green real estate in the APAC region, despite ongoing challenges in raising awareness and the higher costs involved. The publication sets out to outlines the state of the world’s green and sustainable real estate and investor interest in acquiring and developing it. More →

Flexible workplace provider creates ‘first ever’ metaverse office

Flexible workplace provider creates ‘first ever’ metaverse office

The flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverseThe flexible workplace provider Clockwise has opened what the firm claims is the first office space in the metaverse, the Clockwise Campus.  According to Microsoft, 51 percent of Gen Z expects to be working in the metaverse in some capacity by 2024. The firms say the space is heavily influenced by Clockwise’s physical offices and provides a digital platform for its members and the public to connect, collaborate and interact in various spaces including; meeting rooms, dedicated desks, breakout spaces, call zones and a contemplation room. More →

People are worried about the impact of new tech, but many feel confident it will benefit them

People are worried about the impact of new tech, but many feel confident it will benefit them

With over a third (36 percent) of workers concerned about the impact of technological changes and what this might mean for them, a new report from Virgin Media O2 Business claims that many people believe new tech will offer them a better work-life balance. According to the report, the pandemic accelerated remote and hybrid work, mostly benefitting desk-based workers. Meanwhile, deskless workers like teachers, nurses and engineers saw limited long-term change despite many organisations comprising both types of workers. More →

Flexible workspace market will be worth up to $50bn by end of decade

Flexible workspace market will be worth up to $50bn by end of decade

The worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environmentsAccording to a new market intelligence report, the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The report claims that the escalating demand for flexible workspaces is on the rise, propelled by a heightened desire for convenience and comfort in prime locations such as offices and auditoriums. 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

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

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

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 →

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

Massive investment programme needed to facilitate carbon neutral future, WEF report claims

To facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectorsTo facilitate the transition to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of progress towards net-zero emissions for eight industries – steel, cement, aluminium, ammonia, excluding other chemicals, oil and gas, aviation, shipping and trucking – which depend on fossil fuels for 90 percent of their energy demand and pose some of the most technological and capital-intensive decarbonization challenges. More →

Unpicking the retrofit enigma

Unpicking the retrofit enigma

We explore many of the issues around the crucial subject of retrofit in this supplement produced in partnership with BVNEarlier this year, a report from building consultancy Mace advocated for a retrofit first principle for buildings. The report highlighted how non-domestic buildings in the UK make up about an eighth of the country’s building stock but account for around a quarter of the country’s carbon emissions. The solution argued for in the report was to look at how best to retrofit around 3.5 million such buildings over the next ten years. We explore many of the issues around this crucial subject in this supplement produced in partnership with BVN. It represents both a snapshot of the current conversations about retrofit while pointing a way ahead. This one will run and run, but we need to get it right. More →

To agility and beyond: what NASA can teach us about strategic change

To agility and beyond: what NASA can teach us about strategic change

New research shows what NASA can teach organizations on strategic agilityA new research project from ESMT Berlin and Warwick Business School sets out to find what the history of NASA history can teach organisations about strategic agility, and how organisations can adapt their business models effectively to cater to external challenges. To shed light on how strategic agility is achieved, the study follows NASA’s successful shifts to three different strategic alignments over the past 60 years. More →

Business leaders who screw up struggle to own up and learn from their mistakes

Business leaders who screw up struggle to own up and learn from their mistakes

Leaders making mistakes can be costly not only to the organisation, but also to their own job security, which makes it difficult for them to admit when there’s been an error. However, new research from emlyon business school shows that there are some techniques CEOs can use to frame these mistakes, in order to ensure they keep their jobs, but also make changes in their organisation. When there is this clear trade-off between admitting a mistake and potentially losing power and control in the organisation, it is important that CEOs use their language effectively to create a safe space for themselves in the organisation – but how can they do so? More →

Manchester is now a major draw for office design firms

Manchester is now a major draw for office design firms

Way before the lockdown rewired the whole events scene in cities around the world, I was given a task by an old, now departed, friend. He wanted to explore the possibility of creating something like Clerkenwell Design Week in Manchester. The obvious problem was that, for some of its historic parallels, Manchester isn’t Clerkenwell and it certainly isn’t London. What it particularly lacked for this type of event was a hothouse of office design showrooms sharing space with a youthful community of architects and designers. The ecosystem for such an event didn’t really exist in the same way. 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

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 →