October 30, 2023

Firms are throwing resources at AI knowing they are likely to fail

Despite a recent track record of failure when implementing digital strategies, more than three quarters of UK businesses are gearing up to invest in artificial intelligence over the next 12 months without really knowing what they are doing. Nearly three-quarters (73 percent) admit to being ill-prepared for the integration of the technology into their operations, according to new survey. The report [registration] from tech consultancy Infinum suggests that over two-thirds of UK businesses that invested in digital products over the past five years have faced failure and are about to invest in AI knowing of their own poor track record. More →

October 25, 2023

Not even a third of employees say they feel engaged at work

by Neil Franklin • News, Workplace

Less than one-third of employees report they are engaged, enthusiastic and energised by their work, according to a new report from Gartner. The survey was showcased during the Gartner ReimagineHR Conference, which took place this week. Gartner defines engagement in three ways: employees feeling energised; employees finding purpose in their work; employees feeling empowered to do valuable work. More →

October 25, 2023

Five reasons why (Framery) office pods help to solve the great workplace debate

by Freddie Steele • Company news

It’s a fact – pods are taking over the office. In 2010, Framery introduced the first pod to the market and now there are over 200 suppliers globally. Framery, the market leader in this space, was a major pioneer of their development and subsequently has supplied 70 percent of Forbes 100 companies with office pods. More →

October 23, 2023

Manufacturers have sustainability strategies in place but progress remains slow and patchy

by Jayne Smith • Environment, News

Two-thirds of board-level executives at UK-based manufacturing companies agree that sustainability is a high priority and a third have decarbonisation plans in place, but according to new research conducted by management consultancy, Vendigital, progress in decarbonising products, processes, and supply chains is patchy at best, and this could cause UK industry to fall behind global competitors in the race to net zero. More →

October 19, 2023

Real estate tech strategies advance AI, workplace and sustainability

by Jayne Smith • AI, News, Property, Technology

Commercial real estate occupiers are willing to put their money where the tech is, according to new polling from JLL’s 2023 Global Real Estate Technology Survey. Ninety-one percent of occupier respondents are willing to pay a premium for tech-enabled space as they look to technology for strategic value and increased revenue. In fact, real estate tech budgets are set to grow faster than investments in?headcount, footprint and operating budgets, the report suggests. More →

October 16, 2023

London Real Estate Forum makes the right noises, but will be judged on action

by Helen Parton • Comment, Events, Property

This year’s London Real Estate Forum (LREF), held from 27-28 September at the Barbican, had a general air of optimism but tempered with the uncertainty of a general election in the next twelve months and elements of political and economic uncertainty globally. The day began with a state of the market discussion chaired by dRMM’s Sadie Morgan, with challenges facing the industry identified as the current valuation of the office market, the rate of housebuilding and the government’s lack of investment in infrastructure – the event coinciding with the furore over the cancelling of the northern part of HS2. More →

October 12, 2023

Hybrid working and flexibility seen as drivers of successful employee experience

by Jayne Smith • News, Technology

A new report claims that while 90 percent of businesses see the enablement of remote and hybrid working as having a positive impact on their bottom line, less than half (48 percent) of organisations strongly agree that employees have access to the technology they need to work well both at home, and in the office. The report from NTT claims that approximately 56 percent of hybrid workers spend half the work week at the office. More →

October 5, 2023

An uncertain world, but CEOs remain broadly bullish about the future

by Neil Franklin • Business, Flexible working, News, Technology

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

September 27, 2023

Act now on retrofitting if you want to boost commercial property values, new report argues

by Neil Franklin • News, Property

For European real estate owners and investors already on a journey to net-zero-carbon through retrofitting, upfront spending has the potential for long-term rent and capital-value accumulation, according to a new report from Colliers. Europe’s Renovation Wave [registration] explores the regulatory and societal pressures the authors claim is now driving an era of accelerated asset renovation, and the proactive actions investors, owners and occupiers can take to make sure their assets are not ‘left behind and stranded’ in the race to decarbonise the built environment by 2050. Retrofitting is also the subject of a special supplement published in the new issue of IN Magazine. More →

September 27, 2023

Half of landlords now planning a flexible working offer

by Neil Franklin • Flexible working, News, Property

Over half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfolios, according to the annual report on the flexible workspace sector by The Instant Group. The 2023 UK State of the Flex Market report [registration] polled more than 200 flex operators and landlords for insights into the sector. Findings also suggest that two-thirds (61 percent) of flex operators intend to increase their footprint in the next two years, while market imbalances in regional hubs, enduring occupancy rates, and surging demand for sustainable buildings all featured prominently in the report. More →

September 25, 2023

Report links economic growth with the idea of ‘good work’

by Jayne Smith • News, Wellbeing, Workplace

In advance of the main party conferences, the CIPD is calling for the next UK Government to develop a long-term workforce strategy to underpin a broader, bolder vision for economic growth. This is a central message in its new ‘Manifesto for Good Work’ which outlines the public policy changes needed to address the UK’s multiple challenges, for all the main UK political parties. These challenges include stagnating productivity, rising skills shortages and our ageing working population. More →

September 12, 2023

Is there ever a genuinely good or bad time for change?

by Jennifer Bryan • Business, Comment, JB

There are two questions, regarding change, that seem to plague quite a lot of people: “is there a good or bad time for change and is there a good or bad change?” Now it may seem the answers would be quite straight forward, but probably as no surprise the actual answer is “it all depends”. That is because change is about people and we all know there is no formula for people, so it is impossible to give a formulaic, straight forward answer. More →