Search Results for: coworking

A four day week, people-watching at work, the art of AI and some other stuff

A four day week, people-watching at work, the art of AI and some other stuff

While the recent Finnish pilot of universal basic income had mixed results, a trial of the other most talked about solution to our problem with work – the four day week – has been reported as far more promising. A New Zealand financial services firm called Perpetual Guardian switched its 240 staff from a five-day to a four-day week last November and maintained their pay. The results (registration) included a 20 percent rise in productivity and improved staff wellbeing and engagement.

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Growth of flexible working locations in London is lowering the costs of office space

Growth of flexible working locations in London is lowering the costs of office space

Growth of flexible working locations in London is lowering the costs of office spaces

There is a boom in the number of new flexible working locations opening in Central London, which has seen a growth of 42 percent year-on-year. According to the new report by Office Freedom this growth is driving ever more competitive rates and lowering the cost of all kinds of office spaces within the capital. Over the last two years, office prices in Hammersmith have fallen by 29 percent, whilst Paddington is 32 percent cheaper as a direct result of greater flexible space availability. The rates in prestigious Knightsbridge are still amongst the highest in Central London, but have dropped by 38 percent between 2014 and 2018. More →

The bumpy road to automation, dancing elephants, free beer and some other stuff

The bumpy road to automation, dancing elephants, free beer and some other stuff

The World Economic Forum’s Annual Summit in Davos offers the world’s elite the chance to rub shoulders and address important themes of capitalism and society. Its output has largely consisted of making assured noises about Big Subjects, and especially globalisation and the effects of technology on the economy, now typically framed around the current / imminent Fourth Industrial Revolution™.

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The state of the workplace right now? Everywhere and nowhere, baby

The state of the workplace right now? Everywhere and nowhere, baby 0

Work&PlaceMy trade is to ask questions about the workplace then make sense of the answers. That has been a particular challenge with the question, ‘what are offices today?’ What seems clear is that the various actors in the workplace ecosystem look at offices through very different eyes. Urban planning and development professionals still view offices as a distinct category of real estate and most real estate professionals view offices in terms of the delivery of floor space. Some things have changed,however. For some time, the hybrid economy of serviced offices has turned the product into a service. But, in many cases this has simply made the leasing of space simpler and more flexible.

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The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

If it makes you feel better about Blue Monday (today – ‘officially’ the year’s glummest day), it also marks the closure of the Predictions Window in my view. If somebody still has an unpublished list of forecasts for the coming year on their specialist topic, they’ve missed their chance. At least with us they have. But not to worry, there’s a good chance they can trot most of them all out again next year and they’ll be just as relevant. Anything else can be quietly dropped.

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The ten most read stories on Workplace Insight for 2018

The ten most read stories on Workplace Insight for 2018

We can’t help but feel that the world caught up with us a bit during 2018. We’ve been talking about the intersection of people, place and tech since we started up five years ago. Of course, we weren’t even the first to do this. As we’ve always acknowledged, we’re standing on the shoulders of the giants who first recognised what was happening a quarter of a century ago. Many of the ‘trends’ with which we are presented are nothing more than the crystallisation of ideas first expressed by people in the 20th Century. They seldom get their due.

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Only small number of workers happy with their office temperature

Only small number of workers happy with their office temperature

Only small number of workers happy with their office temperature

Just 16 percent of workers are satisfied with the temperature of their office, while a majority (89 percent) claim they lose productivity if the temperature isn’t quite right, new research suggests.  Nearly half (46 percent) experiencing cold office temperatures say this makes them the most unproductive, according to research by Workthere. Only 8 percent of those based in coworking and shared workspace and 10 percent of staff in leased workspace, believe that their office is always the right temperature, while just 3 percent of respondents revealed they have a separate space to work in if they’re too hot or cold. It seems that keeping warm is the biggest challenge for British office workers with 47 percent admitting to wearing additional layers at their desk and 37 percent often making themselves a hot drink to fight the office chill. A surprising 17 percent of respondents even admitted to bringing in a personal heater to warm up which is a worry for employers, given that it costs £3.43 on average to run a 3 kilowatt heater for eight hours.

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The best office designs of 2018, the future of work in 2019, and some other clickbait

The best office designs of 2018, the future of work in 2019, and some other clickbait

This week’s beachcomb of the best workplace stories is brought to you in the wake of the first flood of retrospectives and predictions that wash up in the media at this time of year. The first piece of flotsam [sound of a metaphor snapping] is Dezeen’s listing of the world’s best office designs of 2018, which appears to be based on the answers to three questions. Is it a coworking space? Does it look like an office? Is there anybody actually working there? Answer yes, no, no to those three simple questions and you’re in the frame.

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Are you ready for the world of agile working we will experience in the 2020s?

Are you ready for the world of agile working we will experience in the 2020s?

Some organisations believe they have ‘done’ Agile Working. They have increased the ratio of people to desks and achieved a saving in accommodation costs. They have provided flexible working arrangements across the organisation and have enabled their people to work at home for part of their working week. Staff surveys show employees are pleased with the opportunities and benefits this provides them. But organisations cannot afford to become comfortable or complacent, there are greater opportunities to grasp. As in any transformation initiative, Agile Working is more than a project it is a cultural journey involving continuing change to achieve continuous improvement. Agile Working is moving on.

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Proportion of flexible space within corporate portfolios to increase dramatically

Proportion of flexible space within corporate portfolios to increase dramatically

Proportion of flexible space within corporate portfolios to increase dramatically

Despite the proliferation of coworking and serviced office operators the majority of global corporates still occupy office space on a traditional lease model, with two thirds of companies in a survey by Knight Frank reporting that co-working, serviced and flexible office space comprise 5 percent or less of their current office space. Knight Frank’s Your Space report, which surveys senior executives at 120 global companies which collectively employ in excess of 3.5 million people worldwide and occupy an estimated 233 million sq ft of office space, found that just a small minority, less than 7 percent, said that flexible workspace exceeds a fifth of their total workspace. More →

Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

What to make of the announcement that Chengdu is thinking of creating an artificial moon so that it can do away with street lights, bathing the city’s streets in permanent dusk? Well possibly a big thumbs up for the ingenuity and maybe thumbs down for the impact on people’s circadian rhythms and awareness of what’s in the heavens. People really should look up more, both figuratively and literally. Maybe there’s also room for a thought about we we can over-complicate designed solutions when we look to innovate beyond a certain point.

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How landlords can maintain their mojo and retain tenants

How landlords can maintain their mojo and retain tenants

Flexibility is rocking the foundations of the traditional commercial real estate world. It’s entering our workforces, our offices and the shock waves are extending to the relationship between landlord and tenant. This demand for increased flexibility from the world’s workforces is due to a convergence of social and economic factors.  JLL’s Top 10 Global Corporate Real Estate (CRE) Trends report predicts the emergence of a more dynamic workforce, demand for work environments that support creativity, cross-collaboration and innovation, and an increasing focus on employee wellbeing and performance will dominate global CRE strategies throughout 2018. This has major implications for both occupiers and landlords.

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