Search Results for: skills development

People, not cost now most important factor behind corporate real estate decisions

People, not cost now most important factor behind corporate real estate decisions

 One Creechurch PlaceThe corporate appetite for flexible space continues to grow as around two-thirds of occupiers rank employee engagement (68 percent) and talent attraction & development (65 percent) as two of the three most important drivers of corporate real estate (CRE) strategy. According to the 2019 EMEA Occupier Survey by CBRE over a third of companies see labour and skills shortages as a key strategic challenge, double last year’s result. In line with last year’s survey, technology disruption (36 percent) economic uncertainty (43 percent) and cost escalation (31 percent) all feature highly as key challenges for occupiers.

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Co-design is an old idea, but it belongs to the 21st Century like never before

Co-design is an old idea, but it belongs to the 21st Century like never before

A group of people share ideas around a tableAs with so many apparently new ideas that resonate in a contemporary context, co-design has a long history. Originally referred to as cooperative or participatory design, it was first applied in Scandinavia in the 1960s and 70s, especially as a way of engaging stakeholders in the public sector in the design and development of IT projects, healthcare and workplaces. Arguably, our modern understanding of the idea was first set out by C.K. Prahalad and Venkatram Ramaswamy in a 2000 Harvard Business Review article called Co-opting Customer Competence and a subsequent book by the authors on the subject. They argue that there is a growing trend for firms to actively seek the insight and competence of customers to offer them better solutions, tailored to their own needs. More →

Four day working week would still allow people to complete their work

Four day working week would still allow people to complete their work

Ahead of daylight savings this weekend, The Workforce Institute at Kronos Incorporated has released part two of a global survey examining how employees across eight nations view their relationship with work and life, asking the simple question, “What would you do with more time?” These results from The Workforce Institute at Kronos and Future Workplace came from a survey of nearly 3,000 workers across the UK, Australia, Canada, France, Germany, India, Mexico and the US look at the rationale for a four day working week.

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Interiors are not enough to win the war for talent

Interiors are not enough to win the war for talent

I often refer to Google and Facebook in my blog, due to their influence on workplace design. Many consider them to be workplace interior’s holy grail. But today’s big employers are competing with one another on a much broader set of principles. Cool interiors alone just won’t cut it. Zürich, like many European cities is home to a large number of global brands, with bustling financial services and tech sectors. I regularly hear of people with multiple job offers taking a job with a lower salary, rather than accepting a role in a company that doesn’t reflect their ideals. This decision can be influenced by office design and facilities, career development options, corporate culture and much more. More →

How artificial intelligence changes occupant experience

How artificial intelligence changes occupant experience

If a robot received a signal that you had entered the building, it might bring you a fresh cup of coffee just as you reach your desk. If the front door recognised your face, it might unlock itself for you without requiring you to use a fob to gain access. If your desk knew you had left for the day, it might offer itself to a colleague who is looking for a quiet workspace. Throughout history, the interaction of humans with technology has been pretty much one-sided. We turn our technologies on and off, operate and guide them in their tasks, and use our senses to monitor their functioning and detect anomalies.

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Neither bosses nor staff feel confident about future UK business environment

Neither bosses nor staff feel confident about future UK business environment

Two new reports published this week, show a lack of confidence amongst employers and employees within the UK business environment. The latest data in Gartner’s Global Talent Monitor report shows employee confidence in near-term business conditions and long-term economic prospects reaching an index score of 55.6 for the last quarter of 2018, a decline of 7.5 percent from an index score of 60.09 in 3Q18. These results follow a worldwide trend that has seen global business confidence sink to its lowest point since the fourth quarter of 2017. Meanwhile a survey of business leaders in the UK by management consultancy Lane4 found that bosses do not feel prepared to lead through future challenges like artificial intelligence and political volatility. More →

Riffing on the issue of workplace design and creativity

Riffing on the issue of workplace design and creativity 0

We are often told that one of the main objectives of workplace design these days is to help people become more creative. Now, there are all sorts of complications bound up in this, not least the assumption that you can help or even will people to become more creative, especially in an environment that still wants, in some way at least, to supervise what they do and when and where they do it. A working environment designed for creativity only works in the context of a culture that facilitates it. And here’s where the problem lies. More →

UK employers struggling with recruitment and retention of service workers

UK employers struggling with recruitment and retention of service workers

UK employers struggling with recruitment and retention of service workersThe recruitment and retention of manual and elementary service workers has become a significant challenge for UK employers, claims a new study. The research by Quinyx in collaboration with Development Economics and Censuswide, found that factors such as low pay and a lack of flexibility are key issue, resulting in nearly half (49 percent) of UK employers finding it difficult to recruit these workers, and the same percentage reporting challenges around retention. Issues with recruitment and retention were discovered to be most acute in industries such as hospitality, catering & leisure and retail. In addition, larger businesses (those with a workforce of 250 to 500) are more likely to face challenges compared to smaller-sized businesses. Regionally, businesses in London and the East of England are most likely to struggle to recruit workers into manual or elementary service roles. The findings come at a time when UK employers are expressing growing concern around access to manual and elementary service workers post-Brexit.

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British Property Federation urges government to create coherent proptech strategy

British Property Federation urges government to create coherent proptech strategy

The UK is well placed to capture the lead as a global hub for real estate technology and innovation a report from the British Property Federation claims. But the country needs to develop a joined-up proptech strategy and roadmap to remain competitive globally, according to the report published jointly by the British Property Federation and Liquid Real Estate Innovation. The LIQUID Report: Leading the Digital Transformation of Global Real Estate claims that the UK is already a leader in terms of its capacity for innovation, data infrastructure, market transparency and quality of education, but falls behind other countries in terms of venture capital investment and technology infrastructure.

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Firms must break bad habits if they want to improve relationship with employees

Firms must break bad habits if they want to improve relationship with employees

To select, engage and retain the best talent, companies are going to have to break their entrenched bad habits, according to a new report from The Myers-Briggs Company. It claims that its Global Trends Report (registration) sets out how businesses can select the best employees, provide effective leadership and help their people to work together efficiently and harmoniously, despite a rapidly changing and increasingly complex business landscape.  More →

Digitisation and culture of uncertainty lead employees to seek stability

Digitisation and culture of uncertainty lead employees to seek stability

Impact of digitisation on the workplace lead employees to seek stabilityJob security is the top reason employees in the UK joined their company, and also the main reason they stay, according to Mercer’s 2019 Global Talent Trends study. With close to one in three employees  being concerned that AI and automation will replace their job, senior managers are also worried about the effects of digitisation, with nearly three-quarters (71 percent) of executives in the UK predicting t significant disruption in the next three years, compared to 23 percent in 2018. Mercer’s global findings reveal a similar story finding that as executives focus on making their organisations “future-fit”, significant human capital risks – including the ability to close the skills gap and overcome employee change fatigue – can impede transformation progress. Addressing these concerns is paramount, given that less than one in three executives rate their company’s ability to mitigate the effect on employees as very effective.

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Employers have a poor understanding of what actually motivates their employees

Employers have a poor understanding of what actually motivates their employees

Almost half of companies (45 percent) still believe that an attractive salary and package is what motivates their workforce, despite the fact that employees cite ‘soft benefits’ such a flexi-working, work-life balance, and ‘being valued’ as key to feeling fulfilled in their job role. The findings come from recent research ‘Meeting demands through the job offering’, by recruiter Robert Walters and job board CV-Library that highlight the disparity between what employees want and what companies are offering to staff. While 60 percent of professionals’ state career development as an important part of a job offering, less than 10 percent of companies believe that a lack of career progression and development would be a key reason for losing talent. The report also found that although companies claim that ‘staff being stuck in their ways’ is the main reason behind the lack of quality applicants, over 40 percent of professionals state that they would be willing to take up a role in another field where skills would be transferable, or work in a new sector to broaden their skills.

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