November 2, 2018

Happiness at work: Lessons from home

by Dr Tracy Brower • Comment, Facilities management, Wellbeing, Workplace, Workplace design

Thanks to technology and mobility, our work has come home with us. So it’s only fair that home should come to work, right? It would seem logical that if people sit in front of a TV on the sofa at home while they work remotely, employees would be thrilled to have a similar set up within their office. However, in the workplaces where we’ve seen companies install couches and big screen TVs, those work spaces are almost never used by employees. Those companies missed the bigger picture. Home is as much an emotional experience as a physical one.

November 2, 2018

Skills and new businesses drive decade of recovery for UK cities

by Neil Franklin • Cities, News

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

November 2, 2018

Office take-up in Central London looks set to grow despite Brexit looming

by Sara Bean • Cities, Facilities management, Flexible working, News, Property

Continuing demand for office space within the Central London commercial property market has helped dispel pessimism about the future of London post-Brexit, according to the latest figures from Savills. Take-up of office space in the City of London reached 5.1 million sq ft at the end of the third quarter of 2018, just 1 percent down on the same point in 2017 and 18 percent up on the 10-year average, while the amount of office space under offer in London’s West End market was 1.9 million sq ft as of the end of September, a new record, which challenges the view that the market is in danger of decline. More →

November 1, 2018

Organisations at risk of falling behind due to a lack of AI strategy, training and experience

by Mark Eltringham • AI, News, Technology

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges. More →

November 1, 2018

Cultivating a culture of personal development can supercharge performance

by Neil Franklin • Company news, Workplace

We all want success. You started a business because you had a dream. Maybe you wanted to change the world. Maybe you wanted to fulfil a childhood ambition. Or maybe you just want to make parents proud. Whatever that reason may be, you started a venture that was, yes, risky and scary at times. But a safe journey wasn’t an option anyway, we know. To achieve the fulfilment of the dream though, you need a team with you. You need to surround yourself with the best people in the field. You need people who know more than you, are better than you. Because in today’s world, competition is fiercer. You are not anymore competing against locals. The game has become global. It has, therefore, become necessary to never stop innovating.

November 1, 2018

CBRE launches its offering for the flexible office sector

by Mark Eltringham • Company news, Property

CBRE, one of the world’s largest commercial property firms has launched a flexible office service that will compete with groups such as WeWork and IWG, who own the Regus brand, for corporate tenants. The company has appointed a former Zipcar executive, Andrew Kupiec, to head Hana, a new wholly owned subsidiary that will operate flexible offices aimed mainly at larger corporate clients. Unlike its competitors Hana will not lease office spaces from landlords; instead, it will partner with them through joint ventures.

November 1, 2018

Digitisation means traditional working day no longer a reality for CEOs

by Sara Bean • AI, Facilities management, Flexible working, News, Technology, Workplace

The rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.

November 1, 2018

Channel 4 confirms Leeds as National HQ with Bristol and Glasgow as Creative Hubs

by Mark Eltringham • Cities, News, Property

Channel 4 has confirmed that Leeds will be the location of its new National HQ with Bristol and Glasgow as the locations of its two new Creative Hubs. Channel 4 announced its 4 All the UK strategy in March 2018, the biggest change to the structure of the organisation in its 35-year history. At the heart of it is a significant increase in the organisation’s Nations and Regions content spend – from 35 percent to 50 percent of main channel UK commissions by 2023, worth up to £250m more in total.

November 1, 2018

Businesses may be blowing billions on unused office space

by Neil Franklin • News, Property

Big businesses in England and Wales are squandering £10 billion a year on under-used office space, a new study claims. The report by flexible workplace specialist Abintra draws together data from its work with more than 100 corporations worldwide. In London alone, it claims that the cost of office space being under-utilised is more than £4 billion annually with large firms in other regions collectively ‘squandering’ billions more. More →

October 31, 2018

What is in a name for the UK facilities management sector?

by Jo Sutherland • Comment, Facilities management

Westminster. Home to fiery debate, unwavering scrutiny, calls for change, and cries of “Order! Order!”. Once again, RICS’s HQ, on Parliament Square, was jam-packed with a passionate and feisty crowd, panellists and audience alike, all set on pushing the industry conversation forward. While some were keen to maintain order during FMJ’s most recent RICS-IFMA debate concerning facility management’s place in the 21st century, others were set on redefining FM in order to pinpoint what this yet unestablished definition means for the future of the profession.

October 31, 2018

Lack of skills investment means businesses miss out on benefits of automation

by Neil Franklin • AI, News, Workplace

A new report from the Capgemini Research Institute claims that, in the majority of companies (58 percent), automation is not yet meeting executives’ desired goals of increased productivity. The study, Upskilling your workforce for the age of the machine: Why a workforce upskilling strategy is key to unleashing automation’s productivity potential reveals that while automation does increase productivity to an extent, the key to reaching its full potential is by appropriate upskilling of the workforce.

October 31, 2018

Top global industries leading the way in remote work

by Neil Franklin • Features, Flexible working, Property

More business owners are swapping rigid 9-5 schedules and traditional office environments in favour of flexible space and remote work as an option for saving costs, retaining employees and encouraging a healthy work-life balance. With this in mind, Instant Offices has investigated what industries are leading the way for remote working and how to overcome the typical challenges of managing a remote team.