February 7, 2024

Half of UK businesses expect 2024 to be easier than 2023

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 – businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →

February 6, 2024

Hefty fine for Amazon has implications for employee surveillance policy

by Rob Smedley and Will Richmond-Coggan • News, Technology, Workplace

The French data protection watchdog CNIL has fined Amazon France Logistique €32m, equivalent to 3 percent of the entity’s annual turnover, approaching the maximum permitted level of 4 percent. Describing Amazon’s employee surveillance as “excessive”, the regulator also cited instances where the monitoring of staff was found to be outright illegal, by breaching the General Data Protection Regulation (GDPR). More →

February 2, 2024

Life at the coalface: How the agile workplace first appeared in the mid 20th Century

by Mark Eltringham • Comment, Wellbeing, Workplace design

The idea of diffusion of innovation has become so embedded in our culture, and most recently so associated with the adoption of new technology, that we might assume it happens in predictable ways. The steps between innovators, early adopters, early majority, late majority, and laggards seem intuitive and certain even when their peaks might be unsure. And yet history teaches us that sometimes new ideas can take years or even decades to take hold, even when they are potentially world-changing and relevant for the era in which they were formulated. More →

February 1, 2024

Firms want to embrace AI, but bewildered by range of options

by Jayne Smith • AI, News, Technology

The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. More →

January 31, 2024

The three biggest disruptors of our time

by Jennifer Bryan • AI, Business, Comment, Environment, JB, Technology

When we look at the context for change, we many times just look internally at what we think needs to change for whatever reason and then set about making that happen. Rarely do we think about what is going on for the people within the organisation and just how ready they and the organisation itself are for the actual change and the disruptors that underly it. Are there the right people, systems, processes, etc in place to support the change or are there a number of elements that will hinder it? Not to mention the fact there will be a number of external elements that could and will also either help or hinder the change one way or another. More →

January 29, 2024

Lab rats – how the UK life sciences sector is struggling to find space to work

by Chris Barlow • Features, Premium Content, Property

In November 2023, plans to turn part of a golf course next to a motorway into a £340 million science park were refused by South Oxfordshire District Council. Although now classified as greenbelt, the location was the site of a landfill as recently as the 1990s and is just a stone’s throw from both the A40 trunk road and M40 motorway. The developers are expected to appeal. Whatever the details of this story, it is an example of how challenging it can be to meet demand for lab and life sciences space in the so-called Golden Triangle of London, Oxford and Cambridge in the South of England. This lack of supply is acting as a brake on the UK Government’s dream of making the country a “science superpower”. More →

January 24, 2024

Chance to retrofit offices is going begging, report claims

by Neil Franklin • Environment, Facilities management, News, Property

The UK Green Building Council (UKGBC) has launched new guidance on retrofitting large office buildings. Setting out the most cost- and carbon-effective retrofit measures in the immediate and longer term, the guidance reframes retrofit as an iterative process rather than a standalone project. UKGBC has found that significant opportunities are being missed by office investors, owners, and occupiers who do not have clear strategies to retrofit offices in place. Firstly, through missing the “easy wins” –low cost, low disruption measures that reduce energy consumption – and secondly, through missing key “trigger points” in lease and maintenance cycles that facilitate easier, more efficient retrofit. More →

January 24, 2024

The final word on workplace wellbeing

by Mark Eltringham • Comment, Wellbeing

The final word? Of course not. Nearly six years ago, we published an article that described how the quest for productivity had been supplanted almost entirely by a new emphasis on workplace wellbeing. It was the final nail in the coffin of scientific management and its central notion of the office as a factory, subject to rigid times and places of work and manufacturing’s culture of process, efficiency and productivity. The office a splice of factory and panopticon. More →

January 17, 2024

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

by Neil Franklin • AI, Business, News, Technology

The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. More →

January 5, 2024

Amazon employee claims he was told you’ve still got a job, but not a role

by Neil Franklin • News, Workplace

Last year Amazon made headlines for making 27,000 people redundant as part of a long-term cost-cutting exercise. One of the consequences was a fall in the firm’s share price. Now an employee has claimed in a blog post that the firm is handling its downsizing in more creative ways. Justin Garrison claims in the post that has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority. More →

January 3, 2024

One wish for 2024. A more sophisticated approach to the workplace and hybrid working

by Mark Eltringham • Comment, Flexible working, Workplace design

We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown was an accelerant, not a deviation. It also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office or conversely the universal adoption of remote or hybrid working, whatever it is. That is why we see so many people routinely willing to suspend their critical facilities to make extravagant and even absurd predictions about the office of the future or even the death of the office.

December 20, 2023

Understanding how to project financials for a startup business

by Freddie Steele • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →