October 5, 2018
Innovation and culture are key ingredients of successful cities
CBRE has released Our Cities, Knowledge for the future, a report and microsite which explores how British cities might look and feel in twenty years’ time. The research claims to cast new light on the complexity of the future city. The project examines what will make a successful city through a collection of over 80 separate articles with insights on areas such as diversity, culture and sport, the economy, sustainability, governance, health, transport and placemaking. In doing so it identifies innovation, culture, and governance as being crucial to the success of British cities.
Employee motivation levels appear to be the decline, with 29 percent of employees surveyed saying they were not motivated at work in 2017 compared to just 18 percent who said the same in 2016 the research report, “Living to Work” has claimed. Motivates Inc. has commissioned its employee motivation research for the past three years, surveying over 2,000 UK employees in full-time employment. The full data shows like-for-like how employees are feeling in the workplace and what hygiene factors have affected behaviours year-on-year. According to the latest data 71 percent of UK employees were motivated in 2017, which on its own shows a positive result, yet when you look at the motivational statistics from 2016 the data actually shows the percentage of motivated employees has dropped by 11 percent in just one year. That’s 220 more employees in an organisation of 2,000 who are not feeling good about their job.
The vast majority (98 percent) of UK employees think learning is essential in deciding to stay or leave their employer, yet new research claims that three quarters (75 percent) of companies don’t have a learning culture and 66 percent don’t have a digital learning strategy. The research from Bridge in collaboration with Two Heads Consulting, finds that most businesses in the UK are struggling to engender a culture that prioritises learning and development with only 25 percent of HR staff saying their organisations have a learning culture. In comparison, three quarters of companies don’t have one at all (11 percent), are still trying to establish one (59 percent) or report it is not a priority (5 percent). Furthermore, despite recognising its importance, 60 percent of UK companies don’t measure the impact of learning on business performance. Employees also complain that their performance reviews are ill thought out and infrequent.
Almost half (49 percent) of UK workers are in jobs they are either under- or over-skilled for, according to new research from the CIPD. Its report ‘Over-skilled and underused: Investigating the untapped potential of UK skills’ surveyed 3,700 UK employees and found that more than a third (37 percent) of workers have the skills to cope with more demanding duties than they currently have. At the opposite end of the scale, one in ten (12 percent) employees said they lacked all the skills needed to carry out their job effectively. This means that as many as half (49 percent) of UK workers could be in the wrong job, based on their skill level. The UK has one of most skilled workforces in the world, with 42 percent of workers qualified to degree level, yet it also has the highest proportion of jobs within the OECD which require no qualifications at all.
At the
Serviced offices dominated office take-up in London’s West End in August, mainly due to three big transactions resulting in a 44 percent market share, but the Tech and media sector continues to be the main driver for space. According to figures from Savills just shy of a third (31 percent) of take-up for office space this year has been to Tech and media sector occupiers. Similarly, West End and Central London requirements almost mirror demand from this sector, with the Tech and media sector accounting for 35 percent of the 4.3m sq ft of active requirements.
