Search Results for: business

New BIM guidance published for operational phase of a building

Fresh BIM guidance publishedGuidance on the use of BIM (Building Information Modelling) in the operational phase of a building has been issued by the business standards Institution (BSI). PAS 1192-3, Specification for information management for the operational phase of assets using building information modelling (BIM) is a companion document to PAS 1192-2, which specified an information management process to support building information modelling (BIM) Level 2 in the capital/delivery phase of projects. In contrast, PAS 1192-3 focuses on the operational phase of assets irrespective of whether these were commissioned, acquired through transfer of ownership or are part of an existing asset portfolio. The new specification recognizes that the cost of operating and maintaining buildings and facilities can represent up to 85 per cent of the whole-life cost and savings can pay back any upfront premium in construction expenses in a few years. More →

UK to miss out on overseas public sector procurement growth, warns CBI

Wrong-WayPublic procurement of goods and services in twelve key emerging markets will almost triple to £452 billion by 2030, according to new research from the Confederation of British Industry. But the report warns that UK will only capture £11 billion of this growth, if its current market share stays the same so the UK needs to do far more to capture a higher share of the extensive growth in global public procurement in emerging markets. The procurement of goods and services in key emerging markets will soar to £452bn by 2030 as public sector organisations in rapidly developing countries increase their procurement of goods and services, driven by the needs of aging populations and a growing middle class. China will lead the growth in public sector procurement with its market increasing by 7.4 percent each year. Indonesia and Turkey will also rapidly increase their spending by 6.2 percent and 6 percent respectively.

More →

Allied London announces plans for development of former Granada site

hello-house-old-granada-studios-manchester-allied-london+1Property Developer Allied London has announced plans to transform part of the former Granada Studios site in Manchester into a new media hub when it takes control of the building in June. The new building is to be branded Hello House and will offer workspace specifically aimed at media and PR companies, including startups and SMEs as well as established businesses. Not only has the site already enjoyed a long associated with one of the UK’s most famous and well-established media firms, it is also be able to take advantage of Manchester’s growing reputation as one of the country’s most important media and tech locations. The revamped space will include a rooftop media bar and facilities to encourage tenants to work together and develop new joint opportunities. Allied London has already signed up its first tenants.

More →

Moderate stress levels can enhance performance, claims new research

StressA new research project conducted jointly by the University of Reading and Ashridge Business School claims that managers can perform better and make better decisions when they are exposure on a regular basis to stressful situations. The research applied principles from the science of neurobiology in measuring changes in the heart rates of 350 managers aged from 26-55 to analyse their performance under pressure. All of the participants in the research were current students on an Ashridge management course who took part in simulated high-pressure executive situation, such as conflict resolution, high-level decision-making and handling difficult employees and conversations. Their physical and psychological responses were continually monitored over two days, including sleep patterns, heart rate and psychometric tests.

More →

A rail network carrying people on blurred lines into the future of work

Office Group PaddingtonThe UK rail industry has a somewhat ambiguous relationship with the idea of remote working. While the business case for the controversial HS2 rail line was until recently predicated on the remarkable assumption that people don’t work on trains (now replaced by another set of assumptions to get to the numbers it needs for politicians to go along with it all), the number of journeys people make on trains has been increasing steadily for some time, regardless of the potential for technology to make many of those journeys unnecessary. So while we’re already into uncharted territory in our ability to forecast the impact of new technology and working practices on the need for physical presence, the train and the rail network  does offer us a touchstone for thinking about it. And what we find in that respect is a blurring of the lines between several worlds, as we do in pretty much every aspect of our lives.

More →

The Wall Street Journal (and others) are wrong about human resources

original_dustpan-and-brushEverybody ready? Great. Then it’s time for another round of HR bashing and a tipping point for more existential navel-gazing for everyone’s favourite corporate pantomime villain – the human resources department. Or is it? You can choose your own particular moment at which the crowd boos and hisses at the bad guys in HR, but hot on the heels of the Lucy Adams debacle at the Beeb and a report that finds human resources to be the profession with the most “can’t do” attitude comes an article from, of all places, the Wall Street Journal that looks at what it means to do away with your HR function altogether. The restrictions of the word count being what they are, coupled with the way sweeping generalisations provide the quickest way to guarantee a bump in readership, the WSJ takes the broadest of brushes to add another coat to the painting of HR as an ancillary function that, far from oiling the wheels of commerce, is often a distraction at best and, at worst, an active obstruction.

More →

WorldBlu announces latest additions to its list of democratic workplaces

HandsUpWorldBlu, a US based business that promotes democratic workplace design has announced that it has added  41 organisations around the world to its certified list of Most Democratic Workplaces. According to WorldBlu, the organisations range in size from five to 65,000 employees and represent over $13 billion in combined annual revenue and come from the US, Canada, Mexico, UK, Netherlands, Denmark, Malaysia, Haiti, New Zealand, Belgium and Romania from a range of sectors including  technology, manufacturing, healthcare, retail, agriculture and services. Organisations become eligible after employees complete the proprietary WorldBlu Design Assessment, a survey evaluating their practice according to the firm’s own ten ‘Principles of Organizational Democracy’, with an overall combined score of 3.5/5 or higher. The awards were announced yesterday, Democracy in the Workplace Day (who knew?).

RICS’ operational headquarters to relocate to Coventry Friargate Development

Friargate CoventryThe Royal Institute of Chartered Surveyors (RICS) has announced that it will be relocating its Coventry operational headquarters to a new building in the 37 acre sustainable, mixed-use Friargate development in the city. From 2017, RICS plans to lease 36,000 sq. ft. of space in the second building on the site, adjacent to Coventry railway station. The district will showcase cutting edge low carbon building design and regeneration policies by using local businesses throughout the construction phase to provide improved public transport links, affordable housing and public parks. RICS claims that ‘through a connection to an ultra-efficient combined heat and power generator, Friargate will be at the forefront of sustainable commercial accommodation, reducing both RICS’ carbon footprint and operating costs and offering RICS employees a much better work environment and surrounding area than they currently have.’

More →

RICS issues case studies to celebrate strategic role of facilities management

RICS has published six case studies examining the impact strategic facilities management (FM) can have on business performance. The case studies were devised following the publication of a 2012 research report, Raising the Bar: Enhancing the Strategic Role of FM, which found that over 75 per cent of survey respondents believe that facilities management is a strategic role. This was followed earlier this year by Raising the Bar: City Roundtables Report which made specific recommendations for action, including better promotion of the strategic role played by facilities management within organisations. The case studies were launched at the BBC’s Salford Quays building, featured in one of the studies, which describes the role the BBC’s FM team took in relocating critical services from London to Salford Quays and how the FM strategy was responsible for fostering creativity in the organisation. More →

Benefits of mobile broadband to Australia run to tens of billions, claims report

mobile-broadbandWhile the UK Government continues to fuss over the rollout of broadband in the UK, bickering with the notoriously ponderous BT about a dysfunctional monopoly they created themselves, a new report from Australia claims that the economic benefits of mobile broadband in that country came to nearly AU$34 billion (£19 billion) last year. The report commissioned by the Australian Communications and Media Authority (ACMA) in partnership with the Centre for International Economics (CIE) and Analysys Mason found that although the mobile telecoms sector only accounts for 0.5 percent of economic activity in Australia, its impact on productivity is profound. Last year it accounted for an additional AU$33.8 billion in activity, 2.28 percent of Australia’s total gross domestic product. The report makes its claim on the basis that between 2006 and 2013, productivity growth was 11.3 percent per year, but would have been only 6.7 percent without mobile broadband.

More →

Remove flexible working stigma to improve women’s career chances says report

UK leads Western Europe in offering flexible working and checking it's safeEmployers need to stop viewing female progression as a diversity issue and see the promotion of women in the workplace as a core business priority. This is according to a major new report by charity Opportunity Now, which surveyed 23,000 women between the ages of 28 and 40 as well as 2,000 men, to try and determine why women tend to be less successful than men at work after the age of 28, The report found a gap between organisational policies and the actual experiences of women at work, particularly women aged 28-40, including real challenges around bullying and harassment. And in a challenge to proposals for female-only programmes, the research found that women actually want better line management and initiatives such as flexible working – without the stigma it can cause which can often be an obstacle to progression.

More →

Rush to convert offices as demand for commercial property hits 14 year high

Supply and demandA new report from commercial property specialists Lambert Smith Hampton claims that demand for office space in the UK this year is set to hit its highest level since 2000. The firm claims in its annual Office Market Review that the take-up of office space could reach 30 million sq. ft in 2014, continuing the momentum from the remarkable 33 percent upswing in demand last year. However, the report also notes that, following the introduction of the Government’s new permitted development legislation in 2013, the number of notifications for conversions of office buildings to residential use jumped 500 percent in the first six months. The trend will act as a further constraint on supply and push up rents as businesses seek additional space for expansion or moves to new property at the end of leases although it will also remove obsolete office space in many less desirable business locations.

More →