Search Results for: management

Half of people say they are less productive in coworking spaces

Half of people say they are less productive in coworking spaces

According to a new survey from software marketplace Capterra, 83 percent of UK coworking and other flexible office spaces are currently occupied. Companies say they are drawn to coworking spaces for cost reductions (38 percent), flexibility (30 percent), and shared amenities (27 percent). However around 53 percent of people who work in flex space say they are less productive in such spaces, 35 percent of respondents appreciate the collaborative atmosphere and the locations and facilities these spaces can provide and 38 percent say they are  concerned about confidentiality and privacy. More →

People spending more time in offices in search of social interaction

People spending more time in offices in search of social interaction

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022, according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers. It identifies that a more permanent approach to office usage is now emerging, as the shadow of the pandemic recedes, as well as demonstrating the changing metrics being applied by occupiers to decisions relating to premises requirements and the more complex environment for landlord asset management. More →

No one shouted stop, although we all should have seen it coming

No one shouted stop, although we all should have seen it coming

And No One Shouted Stop! seems to me to be an apt phrase to capture these post- pandemic times as we grapple with work and workplace dilemmas. It comes from the little-known but widely acclaimed book of the same name by John Healy. It is set over 50 years ago and it chronicles the decline of an Irish town. The book’s underlying narrative is a train crash happening in slow motion, people see it coming but nobody feels able to stop it. I sincerely hope that this will not prove to be the case for the world of commercial real estate as it grapples with hordes of tenants asking not just ‘where is my office?’ But ‘why do I need an office?’ More →

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Companies across the UK are most concerned about the risk of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 monthsAccording to new research by Marsh, an insurance broker and risk advisor, companies across the UK are most concerned about the impact of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 months. The findings come from Marsh’s UK Business Risk Report 2023 [registration], which features data obtained in May and June 2023 from over 2,100 UK businesses with turnover of between £100,000 and £500 million + per year. Now in its third year, the report explores how circumstances over the last 12 months have impacted the business risk appetite and approach to risk management among UK companies, and identifies their priorities for the year ahead.  More →

Squirrel! Distraction costing the UK economy nearly £20 billion a year

Squirrel! Distraction costing the UK economy nearly £20 billion a year

Scrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each yearScrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each year, new research from The QEII Centre claims. The report The Distracted Economy: We are losing focus – how to hold attention and keep delegates engaged during business meetings and events was commissioned by the London conference and events venue. It suggests that 83 percent of people admit to being distracted during in-person meetings while the number rises to 85 percent during online meetings. More →

Inadequate provision for menopause and menstrual health driving women away from jobs

Inadequate provision for menopause and menstrual health driving women away from jobs

The workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptomsThe workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptoms, according to a new poll from workplace health provider Simplyhealth.? The research suggests almost a quarter (23 percent) of women have considered quitting due to the impact of menopause or menstrual symptoms at work, and over one in ten (14 percent) are actively planning to quit. More →

Many business leaders inadvertently create a culture of fear at work

Many business leaders inadvertently create a culture of fear at work

A new poll of workplace leaders suggests there is an environment of unconscious fear in modern-day leadership, leading to toxic culture, stunted growth, performance and productivity, and decision inertia. The global study of 2,500 emerging leaders in corporate businesses by consultant Margot Faraci, claims that around one quarter (23 percent) of UK leaders are unconsciously creating an environment of fear with direct reports. Globally, this figure rises to one in three (30 percent), indicating a growing worldwide phenomenon of fearful leadership. Fearful leadership carries significant implications for team morale, performance, and overall well-being within organisations. It’s often attributed to past experiences, creating an ongoing cycle of leadership driven by fear. More →

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

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

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 →

Real estate tech strategies advance AI, workplace and sustainability

Real estate tech strategies advance AI, workplace and sustainability

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 →

Bold Founder Caleb Parker to launch space-as-a-service Brave Corporation

Bold Founder Caleb Parker to launch space-as-a-service Brave Corporation

The company says it will target and reposition assets in high demand markets with space-as-a-service led asset management strategiesCaleb Parker, the high profile Founder of Bold has announced the launch of Brave Corporation, a “next generation” real estate company that aims to “bridge the gap between office supply and demand to mitigate the rise of stranded assets amongst the world’s largest asset class”. Brave Corporation will work with investors to “reposition buildings to meet ESG standards and dynamic customer demand” before they risk becoming “stranded”. The company says it will target and reposition assets in high demand markets with space-as-a-service led asset management strategies. More →

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Projects from Portugal, Belgium and France winners of the 2023 ULI Europe Awards for Excellence   

Three built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for ExcellenceThree built environment projects that have, respectively, restored an historic market building in Porto, delivered 182 individual school projects in Flanders, and created a hybrid, mixed use flagship development in Paris, have been announced as winners in the 2023 Urban Land Institute (ULI) Europe Awards for Excellence. The awards set out to recognise outstanding built environment projects in the private, public, and non-profit sectors, celebrating excellence in land use practice across the entire development process, from planning and construction to economics, management, sustainability and resiliency, community impact, and architecture and design. More →

The office needs to take on the characteristics of the city. Despina Katsikakis IN conversation

The office needs to take on the characteristics of the city. Despina Katsikakis IN conversation

Despina Katsikakis, the new President of the BCO has been shaping the way we think about offices for four decades

One of the unintended consequences of the era of online meetings is a chance to gain an insight into people’s actual lives. So it is that as Despina Katsikakis and I are talking, she spots my whippet Luna wandering into shot in the background and lets out an exclamation. She too has a whippet by her feet. And as a result, this abnormal, formal situation becomes a lot more normal and relaxed.   More →