Search Results for: business

Collaborative workspace concept is being embraced in the City

Collaborative workspace concept moves into the City of LondonIt looks like the collaborative workspace concept is gaining credence beyond the tech start-up fraternity. British Land has announced it is to partner with Central Working, a members’ club which provides growing businesses with infrastructure, support and tools, to open a new club, Central Working City, at 4 Crown Place, next to Liverpool Street station. The move reflects a growing demand from start-ups and entrepreneurs for more collaborative workspaces in the area.The new club will occupy 11,000 sq ft across three floors of the five storey building. Following an extensive fit out the new club will offer members a mixture of shared working space, break out rooms, permanent offices and outdoor space. Profits from the club will be shared between British Land and Central Working.

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Digital revolution continues to transform the way we work

Old-Street-TechhubThe full extent of the way digital technology is transforming British working life is apparent in new research published by Brunel University. The study – essentially a snapshot of the digital revolution in 2015 – found that 98 percent of the 830 businesses surveyed have a website, 8 in 10 manage finances online, 53 percent provide flexible working and 63 percent see innovation as a way to improve customer satisfaction. However, the study also reveals a major gulf between big business and SMEs, with larger firms significantly more digitised than their smaller contemporaries. This raises concerns over the preparedness  of the SME sector at a time when the Government’s growth agenda has prioritised nurturing and supporting new and evolving enterprises – and for whom the digital battleground has broken down traditional barriers to entry.

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How well designed office hives can foster swarm intelligence

sourceimageA beehive in your back-garden is hardly ideal, nor is stumbling across an ants’ nest while searching for a picnic spot. However, these swarms have become the inspiration for a revolutionary new way of working. Swarm intelligence describes how a group of people find effective solutions to difficult problems and their ability to adapt automatically to changing environments and work as a team of equals. To get the full benefits of swarm intelligence, we need to make sure that our offices have areas where staff can collaborate. There can be no rigid structures or process chains that ideas have to go through. The flow of knowledge shouldn’t be restricted. It should be allowed to flood through our businesses and offices and take no account of whether the people sharing knowledge, ideas and opinions have been with a company for five days or five years.

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Employers need to do more to attract and train older workers says REC

Hiring older workersEmployers need to provide more training opportunities for older workers and how they advertise jobs to attract recruits over 55, according to the results of a survey issued by the Recruitment and Employment Confederation (REC). Asked to identify the most important change businesses should make to encourage applications from jobseekers aged 55 and over, almost four in ten (37%) respondents highlighted issues around advertising, while a third (34%) indicated that they should be providing more opportunities for older workers to upskill or reskill. Twenty percent said that businesses need to be more careful with language used in job adverts while 17 percent said that hirers need to look beyond posting jobs exclusively online. Evidence for the business case for retaining, retraining and recruiting older workers will be published by the Department for Work and Pensions in March.

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Messy offices really are far less productive than those with clear desk policies

Messy offices really are far less productive than those with clear desk policiesI used to have a boss whose solution to dealing with all his paper-based correspondence was to simply let the detritus build up. When he couldn’t see  his desk any more, he would draw his hand across the desk and dump the whole lot into the bin. Invariably he’d miss something important and would often have to search the bin to find an important letter, invoice or memo. I had another boss who ate so much food over her keyboard that it had to be taken away and cleaned – a disgusting job, according to my colleagues in IT. So despite reading with some cynicism that a cleaning company has published new research which proves offices that cut corners on cleaning, or allow employees to work in messy, disorganised surroundings, are far less productive than clean, well-ordered offices; I must agree it shows the benefits of a clear desk policy .

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Firms are wary of BYOD but confident they can deliver flexible working

Invisible BYODDespite greater awareness of the potential benefits of Bring Your Own Device (BYOD), especially as a way of supporting flexible workers, a large number of European firms remain concerned about the security implications of the practice, according to a new study by HP of their attitudes to workplace technology. The study of 1,130 organisations in eight European countries found half believe that BYOD was likely to compromise their organisation and of those firms who had already implemented the practice, a fifth had experienced at least one security breach in the preceding year. In addition, fewer than half (43 percent) are confident that personal devices are properly secure, with a third (36 percent) expressing specific concerns about the contamination of networks with malware and viruses.

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Unhappy Gen Y talent will move on this year, if you fail to keep them engaged

Uunhappy Gen Y talent will move on this year if you're not carefulThe January Blues can be a major headache for employers, as it tends to be a time when staff consider moving on. In fact, more than a third of UK workers are already planning to change jobs at some point in 2015.[1] Factors including low motivational levels and the feeling of a need to take action combine to provide favourable conditions for job movement among employees. Keeping Generation Y talent is a particular area of concern for management, with a recent study revealing over half of these employees will expect to have moved on from their current employer within two years.[2] The fact is that Gen Y employees are simply not prepared to stay in jobs that make them unhappy.

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Reports highlight the UK economy’s geographical and digital divides

Publication1The divides in the UK economy are not only geographical, but also technological. That is the conclusion of two new reports into the country’s economic makeup and the differences that mark out the North and South of the UK as well as its rural and urban economies. While the Centre for Cities 2015 Outlook report has focused attention on the North South divide with widespread media coverage, the Federation of Small Business (FSB) has also identified a second split between the digital economies of urban and rural areas. The former report paints a picture of a two-speed economy and a widening gap between South-East England and the rest of the UK while the latter highlights the damage done to businesses in rural areas as they struggle to cope with sub-par broadband.

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New Hammersmith mixed-use scheme to accommodate 2,000 workers

mixed-use schemeLegal & General has appointed Land Lease Property to develop a £75 million mixed-use scheme on London’s Hammersmith Road. The development, designed by Sheppard Robson, will feature 242,000 sq ft of Grade-A office space over 10-storeys, which can house up to 2,000 workers. The office space has been designed to maximise natural daylight and features outdoor roof terraces. The entire 350,000 sq ft site retail frontage will be stepped back from Hammersmith Road, with a new landscaped plaza at the front that leads through to a podium garden. A business lounge and café will form part of the retail element, which totals 13,000 sq ft, to help enhance the public areas and encourage social interaction for workers. Construction is set to start in early January 2015 with completion expected in summer 2017.

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Discrimination concerns inhibit LGBT people from being ‘out’ at work

Discrimination concerns inhibit LGBT people from being out at work

LGBT (lesbian, gay, bisexual and transgender) people are worried about harassment from colleagues or being passed over for promotion if they come out at work; and while two thirds of people are out at work in the Netherlands less than half are prepared to divulge their sexual orientation at work in the UK. These are the initial findings in a global study to prove the importance of implementing effective policies to support LGBT people at work. “LGBT Diversity: Show Me The Business Case” by business consulting firm Out Now measures the financial savings companies can make by encouraging people to be open at work about their sexual orientation or gender diversity. The report is drawn from an analysis of Out Now’s LGBT2020, a global research initiative involving more than 100,000 LGBT people worldwide.

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Employers and fathers increasingly keen on shared parental leave

shared parental leaveOver three quarters of employers welcome shared parental leave despite concerns about its complexity and implementation and many are considering adapting their policies in light of new legislation set to be introduced in April, according to a report from Workingmums.co.uk. The survey of over 400 employers found that 81 percent welcomed shared parental leave, with 19 percent saying they would find it difficult to implement. The report coincides with new data from the Department for Business, Innovation and Skills which found that more than half of Britons (53 percent) believe that childcare should be divided equally between mothers and fathers with men more likely than women to back shared parenting with 56 per cent in favour, compared to 50 per cent of women.

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Investors priced out of London commercial property turn to regions

Glasgow commercial propertyAccording to a report from Reuters, foreign competition in the London commercial property market is forcing local investors to invest in regional cities to tap rising rents there, with many making purchases privately to avoid auctions or even building office blocks from scratch. Commercial property in London has become a popular safe haven for investors from places such as Russia, China and southern Europe as a result of the financial crisis, and office prices have bounced back strongly from the lows. From a $4 billion battle for control of the Canary Wharf financial district to the creation of the capital’s tallest building, The Shard, thanks to oil money from the Gulf, many of London’s landmarks have had a helpful overseas financing hand.

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