Search Results for: business

London’s West End office market shifting boundaries

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Shifting occupier dynamics, a limited supply pool, and a flurry of west to east relocations is redefining the boundaries of London’s West End office market. Sue Foxley, head of research, Cluttons, explained: “Corporate occupiers recognise the importance of securing high quality space within key markets in order to attract and retain the best possible staff, however, it is inevitable that the increasingly restricted supply pool is continuing to hamper relocation options. Businesses, regardless of sector, certainly are not looking for ‘budget’ rental options, but they are becoming increasingly aware that opportunities to secure quality space is scarce and not limited to prime areas.”

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Third of global employers have formal wellness plans

Bosses favouritesLess than half of organizations worldwide actively apply the basic elements of a health management programme, with just a third having a formal strategic plan for health and wellness. This is according to Mercer’s Talent Barometer research which explores key accelerators of talent effectiveness – education, health and wellness, and career experience – and their impact on successful workforce practices. While employers are investing in talent, with 60 per cent of organizations increasing spending in this area in recent years, only 24 per cent say their current plans are highly effective in meeting immediate and long-term human capital needs.

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Landmark buildings can lead to an identity crisis for tenants

A new generation of landmarks

A new generation of landmarks

Companies want to brand themselves in lots of ways and for lots of reasons. There are all the usual reasons to do with marketing but when companies talk about brand and how it is integrated with architecture and the design of their offices they are equally likely to be concerned with attracting staff and making what they think are the right statements about their business. The problem is that while nearly everybody wants to brand their workplace, the design solutions can become overly literal. There’s nothing inherently wrong with logos in the carpet but successful design will be about far more than that. It usually has to be rather less literal and rather more intelligent.

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US wellness programmes failing to impact the bottom line

The-Bottom-LineA new study from researchers in the United States has indicated for the first time that the benefits of workplace wellness programmes may not be reaching the bottom line of organisations as much as is commonly claimed. The results of the research were published this week in the peer reviewed Health Affairs journal. The researchers followed a wellness programme at a hospital in St Louis and found that, while the numbers of hospitalisations for employees and their family members fell by over 40 per cent on a specific set of conditions, the savings were more than offset by the increased costs of the scheme.

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‘Internet of everything’ for most firms within 3 years

Cisco techwatch

Next generation workspaces will be a reality for three quarters (76 per cent) of businesses by 2016 says a new Cisco report, as organisations pave the way for greater connectivity by investing in IT infrastructure and collaboration technologies. “Whilst cost-cutting and reducing complexity is important, creating an environment where IT can support – or indeed drive – innovation within the business is paramount said Ian Foddering, CTO Cisco UKI. “Three key pillars emerge: ‘Simplify’, ‘Protect’ and ‘Change & Grow’. Get the first two right, and you pave the way for innovation, greater connectivity, next generation workspaces and ultimately a shift towards the ‘Internet of Everything’.”

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Employers vastly underestimate savings of freeing up desks

Employers vastly underestimate savings of freeing up desks

Green economy

The latest salvo in the flexible working debate is a study which reveals that despite potential savings of around £34bn by freeing up desk space and working more flexibly, the majority of UK business leaders grossly underestimate what it is possible to save with two out of three (65 per cent) insisting they can’t lose any desks. According to a Vodafone UK survey one in five of those  surveyed thought that their employees remained rooted to the old principle that all employees should have their own desk space (21 per cent) and flexible working ultimately leads to employees taking advantage of the system (23 per cent).

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Flexible working: Falling out of fashion

 Image credit: <a href='https://www.123rf.com/photo_8784138_young-attractive-female-fashion-designer-working-at-office-desk-drawing-while-talking-on-mobile.html'>nyul / 123RF Stock Photo</a>

Just as ACAS concludes its consultation on flexible working, the practice has been declared démodé by none other than Alexandra Shulman, the editor of British Vogue. Writing in response to the recent news that Yahoo’s Marissa Mayer ordered the company’s 11,500 staff back to the office, the Vogue editor has argued that working from home is not an adequate alternative to showing your face in the workplace. Ms Mayer goes on to note that in a creative environment, important opportunities are missed when absent colleagues are tottering, undressed around their kitchens. The best stories, she says, arise from chance remarks, gossip and jokes between colleagues working alongside each other. More →

Employers managing multigenerations of staff “in the dark”

GRiD age research

The  latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

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Hong Kong and London world’s most expensive cities for start ups

Hong KongA new report from property consultants Savills based on the total cost of setting up in business in the world’s major cities has today revealed that Hong Kong is the most expensive of the ten cities in which to locate, with London in second place and New York a close third. The total real estate cost of setting up business in all three cities is now almost three times that in the best priced world capitals, Shanghai and Mumbai. The report will be published in full on the 20th March as The World Cities Review and includes measures of headline rent, tax and other charges.

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Homeworkers happier but more at risk from poor ergonomics

Flexible workingAmidst all the controversy over flexible working raised by the infamous Yahoo homeworking ban comes US research revealing homeworking policies lead to happier employers and employees. 93 percent of employees surveyed by Staples Advantage agree that telecommuting programs are mutually beneficial, and more than half 53 percent of business decision makers said telecommuting leads to more productive employees. However, the survey also reveals that 48 per cent of telecommuters use furniture or technology that is not ergonomically adjusted for them, which can lead to discomfort, loss of productivity or injury. More →

Portland House is London’s latest major offices to homes conversion

Portland HouseLand Securities is the latest developer to announce a major office to flats conversion in the wake of the Government’s change to the relevant parts of the planning system that make it easier to change the use of buildings. The firm has submitted plans to convert the 29 floors of Portland House in Victoria into 206 flats along with ground floor retail units. Land Securities is one of the first firms to take advantage of the new planning rules which have been the subject of much criticism by organisations such as the Royal Institute of British Architects (RIBA) as well as local authorities throughout London who have almost unanimously sought exemptions.

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Time to mothball facilities management’s stuffed shirts

Stuffed ShirtMuch hand-wringing and angst in the world of Facilities/Workplace Management at the moment. The usual existential paranoia about relevancy and the need for a seat at the top table; the search for differentiation when pretty much the whole industry does the same things in the same way; hoping to standardise as much as possible under the guise of best practice and looking for ways that add value that won’t put a further pinch on already tight margins. As ever, new legislative and regulatory frameworks will keep the talking heads occupied and BIM (and other new tools) will continue to keep the cash tills ringing at software companies.

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