Search Results for: investments

Act now on retrofitting if you want to boost commercial property values, new report argues

Act now on retrofitting if you want to boost commercial property values, new report argues

by • News, Property

For European real estate owners and investors already on a journey to net-zero-carbon through retrofitting, upfront spending has the potential for long-term rent and capital-value accumulation, according to a new report from Colliers. Europe’s Renovation Wave [registration] explores the regulatory and societal pressures the authors claim is now driving an era of accelerated asset renovation, and the proactive actions investors, owners and occupiers can take to make sure their assets are not ‘left behind and stranded’ in the race to decarbonise the built environment by 2050. Retrofitting is also the subject of a special supplement published in the new issue of IN Magazine. More →

Managers struggling with workload in new era of work

Managers struggling with workload in new era of work

by • Flexible working, News, Workplace

managers are also facing increasing expectations and a greater workload from the organisation, including new responsibilities brought on by hybrid workMore than three-quarters of employees report that it has become more important for them to receive support from their manager, according to Gartner. Simultaneously, managers are also facing increasing expectations and a greater workload from the organisation, including new responsibilities brought on by hybrid working. A December 2022 Gartner survey of more than 6,000 individual contributors and managers claimed that managers are twice as likely to report an increase in responsibilities versus individual contributors, compared to before the pandemic. For example, 35 percent of managers say they have more direct reports and 49 percent report that the complexity of their responsibilities has increased. More →

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

by • Comment, Environment, JK, Workplace design

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

by • News, Workplace

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

by • Company news, Property

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

by • News, Workplace

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

by • Flexible working, News, Wellbeing

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

by • Flexible working, News, Wellbeing

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

by • News, Technology

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

by • News, Wellbeing, Workplace

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?

by • Comment, Environment, JK

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

by • Company news

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 →

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