Search Results for: management

MIT survey shows link between sustainability and profitability

money-grows-on-treesA report published today by the Massachusetts Institute of Technology (MIT) Sloan Management Review and The Boston Consulting Group has found that more than half of companies see a rise in profits when they embrace a more sustainable business model. In addition to the link between sustainability and profitability, the number of companies reporting a profit from their sustainability efforts rose 23 percent last year, to 37 percent of the total, according to the report entitled The Innovation Bottom Line. The survey of 2,600 managers and executives around the world, also found that nearly half of respondents said their companies had changed their business model as a result of sustainability opportunities.  More →

A Field Guide to Workplace Terminology

As the ecosystem around the workplace industry grows ever more complex, so too does the language we use to describe it. In an attempt to bring order to chaos, guest writer Simon Heath presents here a glossary of terms, acronyms and abbreviations to help you navigate these linguistic waters. (For example Business Intelligence – A commonly used oxymoron.) For more of Simon’s worldly, wise and witty writing on all things work and workplace related, visit his blog at https://workmusing.wordpress.com.

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New York state of mind to increase building energy efficiency by 20percent

Build NY

In one of the most ambitious green initiatives in the United States, New York Governor Andrew Cuomo has issued an Executive Order directing state agencies to increase energy efficiency in state buildings by 20 percent in seven years. He also announced Build Smart NY, a plan to  strategically implement the Executive Order by accelerating priority improvements in energy performance. The largest and most inefficient buildings will be addressed first and undergo comprehensive whole-building improvements, including new lighting fixtures and controls, heating, ventilating and air-conditioning systems and automated energy management systems. More →

Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. More →

Employers overlook flexible working alternative to redundancy

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →

£4 billion UK Government spend to be managed by Research Councils

cheque_bookAround £4 billion of the UK Government’s spending on construction and facilities management projects is to be handled by The Research Council’s UK Shared Services Centre (RCUK SSC). The move has been agreed with the Government Procurement Service (GPS) as part of the coalition’s attempts to achieve cost savings in every part of the public sector. GPS projects that the move will save around 10 per cent of the budgeted spend by consolidating procurement procedures, although shared procurement services have sometimes failed to deliver anticipated saving in the past. More →

Sodexo Workplace Trends report covers familiar ground

sodexo workplace trends editThe latest annual Workplace Trends Report from workplace services provider Sodexo claims to reveal the crucial role the built environment has in organisational performance. The report emphasises the growing strategic role of facilities management and the importance of sustainability as an element of corporate culture as well as a trend toward designing offices to attract and retain top talent by emphasising productivity and quality of life. The report also identifies the importance of social media in attracting prospective employees instead of traditional e-mail campaigns and other media.

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Report reveals wider impact than ROI for wellness programmes

Workplace wellness edit

The Return on Investment of workplace wellness programmes goes way beyond cost savings a major new report reveals. Making the Right Investment: Employee Health and the Power of Metrics found smoking cessation incentives help increase productivity, nutrition and exercise drives and centralised programmes which utilise the latest technology leads to increased employee engagement which helps reduce staff turnover. Said Klaus Schwab, Founder and Executive Chairman World Economic Forum “Over 50% of the working population spend the majority of their time at work, so the workplace provides a unique opportunity to raise awareness, as well as guide and incentivise individuals to develop healthier behaviours.” More →

Cost cutting measures are on the agenda, but may prove risky

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   More →

Yes, very nice, but who do you think is going to clean it?

Abu Dhabi Mosque smallIf you want to, you can see the difference between design and facilities management as the difference between sex and parenthood. One is an act of creation, the other of care. So while an architect or designer might look at the honeycomb structures and shiny surfaces of the interior of the 40,000 capacity Sheikh Zayed Mosque in Abu Dhabi with admiration, the person who is actually responsible for looking after it might well be more likely to think ‘well, that’s just great’.

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Global FM announces strategic vision & FM award winners

Global FM

Global FM, (Global Facility Management Association) has formalised changes to its strategic plan. It follows the recommendations of a special Taskforce set up last year to evaluate the structure, objectives and activities of the association, a worldwide federation of member-centric organisations representing the facilities management profession. The Association explains the taskforce was: “In agreement that a more simplified structure would allow a better use of resources focussing on activities that create added value for the association and its members and avoiding any duplication of the outcomes of the national FM associations.”

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Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  More →