Search Results for: big data

February 2, 2016

Record investment in UK commercial property in 2015, but trouble ahead ⁰

A near record £67.5 billion was invested in UK commercial property in 2015, making it the second strongest year on record and 46 per cent above the 10-year average, according to research from commercial property analysts CoStar Group. Momentum slowed sharply in the second half of the year, with investment down 19 per cent from the previous year. According to CoStar, this reflects the fact that investment activity has been especially strong over the previous 18 months and good opportunities are harder to find, but also that global economic and political uncertainty are impacting investment decisions. Nevertheless, 2015 was a strong year for the UK’s Big Six regional cities. Office investment increased 16 per cent to £3.2 billion, which is the highest level since the recession and more than double the eight-year average. Foreign investors seeking standing assets and development opportunities underpinned much of this investment.

January 28, 2016

UK’s CEOs rate cyber security as greatest challenge for their company ⁰

by Sara Bean • Facilities management, News, Technology

Almost three-quarters (74 percent) of chief executive officers in the UK rate cyber security as the third biggest risk to their company; over regulation and geopolitical uncertainty. Yet commenting on the firm’s 19th Annual Global CEO Survey, released at the World Economic Forum in Davos, PwC cyber security partner Richard Horne has warned that UK companies and institutions remain vulnerable to cyber-attacks, and more needed to be done by boards to protect company data and systems. He said there appeared to be a disconnect between concerns at the top of business and the speed and consistency with which these security measures can be implemented within organisations. This vulnerability to attacks becomes more stark with the speed of technological change and the way organisations’ new digital initiatives present greater potential for attackers, arming them with both new tools and a wider range of targets.

January 5, 2016

A round-up of stories you may have missed on your way back to work ⁰

by Mark Eltringham • Comment, Facilities management, News, Workplace design

Still catching up after the holidays? So are we. Here are seven recent stories we loved belatedly and think you will too. 1. GM is set to stake its claim as part of the nascent network of self driving cars. 2. Yet another round-up of 2016 trends, this time focussed on HR. 3. A new initiative attempts to cement the UK’s position at the frontier of the smart city movement. 4. A film about the world’s ongoing love hate relationship with the office cubicle. Mostly hate. 5. A reminder to architects that they need to think about the design of sound, too. 6. A look back at the year in which sit-stand desks finally made their mark (just don’t mention the countries that have loved them for years in the non English speaking parts of Northern Europe). 7. Goldman Sachs produce an interesting chart about the fall in space per worker, but provoke a possibly faulty conclusion from the author. Just because people are given less space, doesn’t mean the office is dying. Main image courtesy of Herman Miller.

December 8, 2015

Linear equations are no longer enough to determine the size of offices

by Mark Eltringham • Comment, Facilities management, Furniture, Technology, Workplace design

In 2013, the US Census Bureau announced that the official human population of the Earth had exceeded 7 billion for the first time. This provoked people to raise concerns that were couched in Malthusian pessimism. Although people might have assumed we’d left behind this kind of flawed thinking, there is obviously something appealing about the idea that exponential population growth is unsustainable when resources increase only in arithmetical terms. We’ve got a problem but what we should have learned in the two centuries since Thomas Malthus first popularised the idea is that there are complex factors that can influence the resources we need to survive, not least in terms of greater efficiency in the way we produce them. A similar debate is also apparent in the way in which the commercial property market is able to offer the right sort of buildings for modern organisations.

December 4, 2015

Zero-hours contract employees happy as permanent, full-time staff ⁰

by Sara Bean • Flexible working, Legal news, News, Wellbeing, Workplace

People working on zero-hours contracts have less pressure and a better work-life balance than full time employees, a survey published by the CIPD claims. Zero-hours employees experience similar levels of job satisfaction and personal wellbeing to employees on permanent, full-time contracts and also report comparable satisfaction levels in their relationships with managers and colleagues. However, the report also shows that, while the majority of zero-hours employees choose to work part-time, they are more likely than part-time employees to say they would like to work additional hours. The research also updates the CIPD estimate of the number of employees on zero-hours contracts, which has increased from 1 million in 2013 to 1.3 million in 2015. The proportion of zero-hours contract employees who are either very satisfied or satisfied with their jobs is 65 percent, compared to 63 percent for all employees.

October 6, 2015

Commercial property markets in world cities are evolving rapidly ⁰

by Mark Eltringham • Cities, News, Property

The commercial property markets in the world’s major cities are evolving against a backdrop of ongoing economic and political uncertainty, according to the new 12 Cities Report from Savills. The authors suggest that the main consequence of this since 2008 has been for investors to switch their focus from paper assets to property. This in turn has led to a number of developments in local commercial property markets including global investors looking for alternatives to the major cities within key national economies. One of the key developments is that major tech firms are now willing to spend as much on their real estate as the previously dominant financial giants. One other interesting issue raised in the report is the growing inability of people to afford to live and work in the same place, especially in cities with restrictions on the amount of space available for development.

September 30, 2015

Majority of people believe employers should publish gender pay gap ⁰

by Sara Bean • Legal news, News, Workplace

Over half of respondents to a new report into the gender pay gap are doubtful that men and women working at the same level or doing similar work earn the same – even though unequal pay is unlawful. Most of those who took part in the survey believe that employers should publish not only their overall gender pay gap but also pay data broken down by grade and job type. The new report by Business in the Community found that closing the gap matters to employees and its extent may impact how people feel about their employer, with respondents saying they may use publicly available data to inform decision making about their career. However, they would not act impulsively – instead employees want to discuss the pay gap openly with their employer, understand its causes and find out what action their employer is taking.

September 29, 2015

Generation Z is the smart generation that will redefine work, claims report ⁰

by Mark Eltringham • Facilities management, Knowledge, Property, Wellbeing

The trade association BSRIA has launched a White Paper called Products and Systems for Generation Z in Reduced Carbon Buildings to explore the future needs of buildings designed for what it calls the ‘smart generation’. It considers ways in which the value of buildings might be improved in order to raise productivity and wellbeing for occupiers and at the same time generate new revenue streams for suppliers. Authored by Jeremy Towler and based on data collected in March of this year, it suggests that Generation Z are the “first tribe of true digital natives” and are ‘smarter and more prudent than Generation Y. They are empowered, have more job choices, seek freedom of movement and flexible working policies. They are the ‘see it – want it’, ‘touch it – get it now’ generation.’ The report claims this will define their relationship with work and drive demand for flexible working and on-demand offices.

September 25, 2015

Nearly half of UK workers complain of wasted time in office meetings ⁰

by Sara Bean • News, Technology, Workplace, Workplace design

If you’ve sat through meetings where half the participants pay more attention to their phone than the people in the room you’re not alone. A recent YouGov study commissioned by arvato UK found an ‘always on’ culture and raft of distractions at people’s fingertips mean an average 33 percent of workers confess to checking personal emails, social media or sending personal SMS messages during meetings. An astounding six percent of workers find it such a struggle to stay focused they even take naps during meetings. And despite new technology causing a distraction, old technology also plays a role in meeting efficiency, with almost half of workers (45 percent) experiencing delays and interruptions due to IT issues. A lack of discipline and poor adherence to best practice processes is another challenge, with 43 percent of UK employees regularly experiencing meetings that start late or overrun.

August 19, 2015

Home-workers are happier, healthier and more productive than ever ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Home-workers are more productive, happier and more capable of attaining a healthy work/life balance than those who work in an office, claims a new survey. Around 84 percent of home-workers believe they are equally or more productive then their office-based colleagues; and over three quarters (77 percent) of the UK’s working population agree that working from home has a positive impact on productivity. The survey of 1,800 professionals from CV library found that 18 percent work from home, with a further 15 percent splitting their time between home and the office, and the data shows that flexible working hours contributes to increased productivity (28 percent and 26 percent respectively). Although well over half (66 percent) of home-workers believe they work longer hours, more than three quarters (83.2 percent) find it easier to manage a good work/life balance.

August 9, 2015

Govt £118bn pipeline, Change leadership, Take a real holiday and more ⁰

by Sara Bean • Facilities management, Newsletter, Public Sector, Work&Place, Workplace, Workplace design

In this week’s issue; Lee Parsons argues the impact of office relocation can no longer be solely measured in tangible terms; Mark Eltringham questions people’s reluctance to simply go on holiday and explores the complex links that exist between our surroundings and how we think and act. The Government lists around £118 billion of publicly funded building projects over the next five years; and flexible working is the main driver in the growth of Cloud data services. Ergonomics experts focus on the much discussed topics of sedentary working; the Work Foundation presses employers to support the health of older workers; and from the latest edition of Work&Place Rebecca Booth explains one of the biggest obstacles to successful change leadership is “change fatigue.” Subscribe for free quarterly issues of Work&Place and weekly news here, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

August 5, 2015

Near universal uptake of flexible working driving increased use of Cloud ⁰

by Mark Eltringham • Case studies, Flexible working, News, Technology

One of the consequences of the near universal uptake of flexible working practices amongst smaller businesses is a growth in the use of the technology best suited to make them work such as Cloud based data services. That is one of the key findings of a new study from BT Business and the British Chambers of Commerce (BCC). According to the survey of just over 300 small and medium sized business owners and decision makers, nearly all (91 percent) have at least one member of staff working away from their main place of work for significant periods, and a fifth (19 percent) claim that more than half of their staff have adopted some form of flexible working. The report concludes that this is the main driver in the growth of Cloud data services with 69 percent of firms already using cloud-based applications and more than half (53 percent) saying that they are essential for agile working.