Search Results for: business

Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. More →

Teams perform better when bosses pick favourites

 Bosses favourites

Bosses should pick favourites if they want top performing teams, a new study from the University of British Columbia Sauder School of Business reveals. “Conventional wisdom tells us that we should treat everyone the same to create a collegial and productive work atmosphere,” says Sauder Professor Karl Aquino, who co-authored the forthcoming study for the Journal of Business Ethics. “But our research shows this can be a disincentive for workers who would otherwise go above and beyond on behalf of the team with a little bit of extra attention.” More →

Marked improvement in US energy efficiency

Energy use in US

The US is consuming energy considerably more efficiently and with lower emissions than just five years ago thanks to a slew of modern technologies that are changing decades-old patterns, according to a major new report compiled by Bloomberg New Energy Finance for the Business Council on Sustainable Energy. Energy Star-certified commercial building floor space has increased by 139% from 2008 to 2012, and the stringency of building air conditioning efficiency standards has increased by up to 34% since 2005. Overall, energy intensity for US commercial buildings has now dropped by more than 40% since 1980. More →

We shape the World’s cities, then they shape us

ChonggingThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

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A Field Guide to Workplace Terminology

As the ecosystem around the workplace industry grows ever more complex, so too does the language we use to describe it. In an attempt to bring order to chaos, guest writer Simon Heath presents here a glossary of terms, acronyms and abbreviations to help you navigate these linguistic waters. (For example Business Intelligence – A commonly used oxymoron.) For more of Simon’s worldly, wise and witty writing on all things work and workplace related, visit his blog at https://workmusing.wordpress.com.

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Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. More →

Employers overlook flexible working alternative to redundancy

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →

Plans to convert offices may undermine innovation and growth

Old Street roundabout regenerationWhatever they might think, Governments don’t have a natural propensity for joined up thinking. Nor do they have a natural affinity with small businesses, especially those that emerge in non-traditional sectors. Governments may like to claim they can display both of these noble values, but experience tells us different. One thing they are prone to, however, is a frequent ability to fall victim to unfortunate juxtapositions of complex events that throw their inherent weaknesses into sharp relief.

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Economic boost for UK builders with Green Deal launch

energy efficiency
The Green Deal launches today to help improve the energy efficiency of the UK’s built environment by enabling householders and businesses to secure the up-front capital to make energy efficiency improvements to their buildings. Refurbishing existing buildings to new standards and turning them into good green assets has recently been identified as one of the best bets for the property sector in the year ahead and today UK-Green Building Council’s Paul King said the launch of the energy efficiency scheme could help create jobs and stimulate economic activity.

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Innovation needed to catapult UK to technology success

Catapult centre

The government must scale up the UK’s new programme of technology and innovation centres – Catapults – by 50% to 100%, the Big Innovation Centre will announce at a meeting at the House of Lords today. Will Hutton, chair of the Big Innovation Centre at the Work Foundation warned: “Catapults are desperately needed and important new institutions that could allow the UK to reproduce German success in 21st century industrial sectors and services. Yet the Catapult programme needs to be bigger and bolder in its scope, aims and resources if their potential as convenors, catalysts, risk-mitigators and horizon scanners is to be fully exploited.”

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A train that symbolises the clash of old and new ways of work

Today we’ll all be hearing a lot more about the plans for HS2, the Government’s flagship construction project and all-round Keynesian boot in the pants for the UK economy. Most of what will pass for debate will involve some light class warfare about the route through Tory constituencies, seasoned with a dash of NIMBYism, some chest beating from Labour who started the whole thing but can’t be seen to support it fully and various other bits of pointless to-ing and fro-ing. But what is most remarkable about the scheme as far as Insight is concerned, is how its business case completely and deliberately ignores the way we work. More →

Tech and media firms drive demand for London offices

Tech City

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.

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