Search Results for: investments

The circular economy is a great opportunity, but it doesn’t add up yet

The circular economy is a great opportunity, but it doesn’t add up yet

The circular economy offers huge opportunities and is vital for a ‘greener’ future. Currently, it just doesn’t make commercial sense for widespread adoptionThe circular economy, carbon measurement, product material content, rental, ‘take back’, reuse and recycling – all actions for a more environmentally responsible workplace sector. But what are the priorities? Manufacturers and suppliers are arguably challenged by lack of clarity, requirements for significant investment, combined with cost pressures in a heavily subscribed market. More →

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. More →

The importance of an office location in business

The importance of an office location in business

Your office location can have a significant impact on your price points, accessibility, and your competitionWith thousands of businesses converting to online commerce, the importance of an office or storefront is often overlooked. While internet commerce is undoubtedly at an all-time high, millions of consumers still shop and do business with brick-and-mortar companies. Your business location can have a significant impact on your price points, accessibility, and your competition. Where you set up your shop should be one of the most carefully considered aspects of opening your business. Office location is truly everything when it comes to business success. More →

Pipeline of women managers has stalled in wake of pandemic

Pipeline of women managers has stalled in wake of pandemic

The leadership pipeline for women has hollowed out in the middle, according to a new study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organisations in 12 countries and 10 industries found a small increase in the number of women at the C-suite and Board level (now 12 percent for both), and an increase to 40 percent representation of women in junior professional/specialist roles (37 percent in 2021). However, the pipeline for top leadership positions still hasn’t recovered to pre-pandemic levels – 14 percent representation of women in senior vice president roles (18 percent in 2019) and 16 percent in vice president roles (19 percent in 2019). More →

Four day week pilot results are very encouraging indeed, say researchers

Four day week pilot results are very encouraging indeed, say researchers

Businesses that adopted a four day week as part of a pilot programme say they are more profitable and their staff are fitter, happier and more productiveBusinesses that adopted a four day working week as part of a pilot programme say they are more profitable and their staff are fitter, happier and more productive, researchers have told MPs. A large majority of companies that took part in the pilot now plan to carry on. The programme, led in the UK by non-profit 4 Day Week Global, the UK’s 4 Day Week Campaign and think-tank Autonomy,  involved around 3,000 workers through a six-month trial of a four day week, with no loss of pay. This brings the global campaign’s total number of completed pilot participants to 91 companies and approximately 3,500 employees. More →

Wellbeing and organisational agility will dominate workplace conversations in 2023

Wellbeing and organisational agility will dominate workplace conversations in 2023

Mental health and wellbeing will dominate conversations about the role of work in people's lives this yearMental health and wellbeing will dominate conversations about the role of work in people’s lives this year, due in part to the effects of the global pandemic, as well as social and economic instability around the world, according to the latest megatrends report from UKG. The report claims that many people are feeling overwhelmed in the face of negative news cycles headlining economic uncertainty, climate change, violence, and political unrest have contributed to a spike in mental wellbeing issues. More →

Digital transformation projects rarely meet aims and expectations

Digital transformation projects rarely meet aims and expectations

A graphic of a man's head to illustrate the nature of digital transformation for workersNew research published by Boston Consulting Group (BCG) claims that while 94 percent of companies have big aspirations to deliver substantial and rapid impact from digital transformation, and companies plan to increase investment in digital transformation in spite of global economic headwinds, the majority of these projects fail to achieve their objectives. More →

Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. More →

Is carbon counting really the answer for the office furniture industry?

Is carbon counting really the answer for the office furniture industry?

A footprint on a beach to illustrate how the office furniture sector and others need to take a more sophisticated approach to environmental issuesThere is an increasing awareness that carbon is contained within all the products we buy. As an example, a leading sports trainer manufacturer is now displaying carbon content labelling, rather like food retailers quote calories. Within the workplace sector, the environmental impact of the built environment and products such as office furniture and flooring are seemingly well known. This must include consideration regarding how refurbishments and changes to embrace new working practices are managed responsibly. More →

Condeco and iOffice + SpaceIQ announce merger

Condeco and iOffice + SpaceIQ announce merger

Investment firm Thoma Bravo has announced the merger of Condeco, a provider of workspace scheduling software with workplace and asset management firm iOffice + SpaceIQ to create a new business called Eptura. The firm claims that the “strategic combination creates a global worktech leader that provides software solutions to power the modern workplace”. The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura. Terms of the transaction have not been disclosed. More →

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

hybrid workingAs businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. More →

Two thirds of those working from home suspect their employer thinks they are less productive

Two thirds of those working from home suspect their employer thinks they are less productive

working from homeEmployers appear to lack trust in their workers to decide where they are the most productive, with more people now returning to the office full-time. Whilst 76 percent of UK respondents said they are more productive working remotely or are just as productive as they are in the office, 65 percent also believe their employer is concerned they are actually less productive when working from home. According to the fifth quarterly Talent Index from Beamery, almost half of workers (44 percent) in the UK say they have been asked to return to the office full-time with almost nine out of ten (88 percent) saying their employer sees staff returning to the office as essential and important.  More →