Search Results for: future of work

November 16, 2018

New report writes an obituary for the commercial office lease

A new white paper from Magenta Associates (registration required) explores the fate of the traditional commercial office lease in the context of deep social, political and economic changes. Earlier this year, a group of senior corporate real estate (CRE) and facilities management professionals were invited to participate in a roundtable, led by author of The Elemental Workplace Neil Usher, to discuss whether time is up for the traditional commercial office lease and how viable alternatives might look in the future.

November 13, 2018

Fostering creativity within organisations through space and culture

by Serena Borghero • Comment, Workplace design

In organisations around the world, hierarchical structures are breaking down, replaced by deeply interconnected, constantly shifting networks, linked by innovative technology. Meanwhile, huge leaps forward in artificial intelligence promise to fundamentally change the nature of work, either by enhancing or replacing human-beings. Research by McKinsey suggests that half of today’s work activities could be automated by 2055, with repetitive and process-based roles the first to go. For employees, this looks likely to mean a greater focus on creative skills, where humans retain an advantage. These skills are not restricted to being purely artistic, as creativity describes the process of problem-solving in a new way. The rise of creativity is also being driven by new generations entering the workplace with different demands and expectations than those before them.

November 13, 2018

Gig economy set to boom to meet growing need for digital skills

by Sara Bean • AI, Flexible working, News, Technology, Workplace

Over a quarter of businesses plan to hire temporary or contract staff in the next 12 months to help plug skills shortages created by digitalisation as more than half of CEOs are concerned about a lack of digital skills within their organisation. This is according to the Robert Half 2019 Salary Guide which argues that technology is reshaping businesses; with two in five UK organisations (38 percent) considering digitalisation as the main evolving force in the workplace today. This shift has created demand for a new set of skills, such as DevOps, data visualisation, data management and analytics. While softer skills such as resilience, adaptability and critical thinking remain key characteristics in potential employees, a third (31 percent) of employers state that a candidate’s technical skillset is their most important consideration when making a new hire. Around 1.6 million1 (28 percent) UK businesses plan to hire temporary or contract staff in the next twelve months, to combat the lack available talent required, which is creating a critical skills gaps in the workplace.

November 9, 2018

Gen Z are technologically literate but not actually robots, Dell study confirms

by Freddie Steele • News, Technology

Generation Z is entering the workforce, bringing with it a tech-first mentality that will propel businesses further into the digital era while potentially deepening the divide among five generations in the workplace. According to global research commissioned by Dell Technologies, post-millennials – those born after 1996 and known as Gen Z – have a deep, universal understanding of technology and its potential to transform how we work and live.

November 6, 2018

Employers struggle to understand what motivates people in new generation of megacities

by Neil Franklin • Cities, News, Workplace

Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.

November 2, 2018

Office take-up in Central London looks set to grow despite Brexit looming

by Sara Bean • Cities, Facilities management, Flexible working, News, Property

Continuing demand for office space within the Central London commercial property market has helped dispel pessimism about the future of London post-Brexit, according to the latest figures from Savills. Take-up of office space in the City of London reached 5.1 million sq ft at the end of the third quarter of 2018, just 1 percent down on the same point in 2017 and 18 percent up on the 10-year average, while the amount of office space under offer in London’s West End market was 1.9 million sq ft as of the end of September, a new record, which challenges the view that the market is in danger of decline. More →

November 1, 2018

Organisations at risk of falling behind due to a lack of AI strategy, training and experience

by Mark Eltringham • AI, News, Technology

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges. More →

November 1, 2018

Cultivating a culture of personal development can supercharge performance

by Neil Franklin • Company news, Workplace

We all want success. You started a business because you had a dream. Maybe you wanted to change the world. Maybe you wanted to fulfil a childhood ambition. Or maybe you just want to make parents proud. Whatever that reason may be, you started a venture that was, yes, risky and scary at times. But a safe journey wasn’t an option anyway, we know. To achieve the fulfilment of the dream though, you need a team with you. You need to surround yourself with the best people in the field. You need people who know more than you, are better than you. Because in today’s world, competition is fiercer. You are not anymore competing against locals. The game has become global. It has, therefore, become necessary to never stop innovating.

October 31, 2018

What is in a name for the UK facilities management sector?

by Jo Sutherland • Comment, Facilities management

Westminster. Home to fiery debate, unwavering scrutiny, calls for change, and cries of “Order! Order!”. Once again, RICS’s HQ, on Parliament Square, was jam-packed with a passionate and feisty crowd, panellists and audience alike, all set on pushing the industry conversation forward. While some were keen to maintain order during FMJ’s most recent RICS-IFMA debate concerning facility management’s place in the 21st century, others were set on redefining FM in order to pinpoint what this yet unestablished definition means for the future of the profession.

October 31, 2018

Conversations may be more productive when held in the great outdoors

by Neil Franklin • News, Wellbeing

Conversations are more responsive in natural environments such as parks and gardens than indoors, finds new research by the University of Manchester and Cardiff University. The researchers recorded conversations between three- and four-year-old children and their parents while they explored a city park and the park’s indoor education centre and found that the conversations in the park were more responsive and connected compared to those recorded indoors. The study ‘Responding to nature: Natural environments improve parent-child communication’ is published in the Journal of Environmental Psychology.

October 26, 2018

We need to move on from the stigma of mental health to finding solutions

by Gary Helm • Comment, Wellbeing

Just as in physical health, everybody has a level of mental health. And while companies have begun to offer corporate gym membership discounts, bowls of fruit around the office, monthly massage and investment in huge amounts of ergonomically supportive furniture to try to assist their colleagues in maintaining a good level of physical health, few seem to be getting to grips with their colleagues’ mental wellbeing, despite the reality that they are dealing with huge numbers of employees who struggle.

October 24, 2018

Two fifths of new recruits don’t have the right soft skills for the job

by Sara Bean • News, Workplace

Two-fifths of job-seekers are being hired into new roles only to discover they have the wrong soft skills for the job. This means over half are leaving companies because their personality or work style didn’t fit, claims news research published by HireVue. The 53 percent of those who had left for this reason saying the format of the hiring process had prevented them from discovering the mismatch earlier. While four-fifths (82 percent) of candidates are confident in their ability to articulate their soft skills and personality traits in an interview, many doubt that pre-hire assessments can showcase these important attributes. More →