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Responsible capitalism, and space as a service will shape real estate industry over next 20 years

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

A flexible office space from Instant Offices, a pioneer of space as a serviceEurope’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted ‘responsible capitalism,’ the user is the centre of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver space as a service across a range of sectors. Emerging Trends in Real Estate Europe 2023, the twentieth annual survey of European real estate sector leaders’ expectations by the Urban Land Institute (ULI) and PwC, has looked beyond the year ahead at the trends shaping the industry over the next two decades. This report captures the views of over 900 sector leaders from across Europe. More →

Ethical organisations can pave the way to hell with their good intentions

Ethical organisations can pave the way to hell with their good intentions

An AI generated painting of the road to hell to illustrate how ethical organisations can create the conditions for bad behaviourDespite the growing focus for more ethical investment and management styles, a new paper from Rotterdam School of Management, Erasmus University (RSM) claims to have uncovered eight unethical effects that can ‘sneak in’, even when organisations are doing their best to act ethically. In his research Muel Kaptein, Professor of Business Ethics and Integrity Management, has looked at how even ostensibly ethical organisations can sometimes facilitate unethical behaviour. More →

Bisley gifts staff over half of company in legacy move

Bisley gifts staff over half of company in legacy move

A n attractive Bisley workstation in a home settingBisley’s CEO, Richard Costin has announced that Anthony Brown, the owner of Newport based office furniture designer and manufacturing firm, Bisley, has established an Employee Ownership Trust (EOT), gifting the employees 51 percent of the shares in the firm. Since joining Bisley in February 2020, Richard has been working closely with Mr Brown, regarding the business succession plan and the long-term future of Bisley and its employees. More →

Commercial property sector should embrace circular economy, say BCO

Commercial property sector should embrace circular economy, say BCO

A man relaxing in a green office space to illustrate the circular economy in the commercial property sectorA new report from the British Council for Offices (BCO) is urging the commercial property industry to ‘retain, extend life, reduce impact’ to futureproof offices. The report sets out to provide circular economy guidance to the office sector in relation to new-build, refurbishment and fit out. The Circular Economy in Offices report [BCO members only] claims to set out how offices can be designed and constructed in order to eliminate waste and pollution, circulate products and materials and regenerate nature. More →

Quiet quitting is not a thing, but employers do need to offer more fulfilling work

Quiet quitting is not a thing, but employers do need to offer more fulfilling work

A drawing of a male worker looking like he is overworked and unfulfilled to illustrate the idea of quiet quittingA new survey from Ricoh Europe claims that the majority of workers seek more stimulation and creativity in their job, suggesting that employers need to do more to provide fulfilling work. The research, conducted by Opinium for Ricoh Europe, polled 6,000 workers and 1,500 decision makers across the UK, Ireland, France, Germany, Italy, the Netherlands and Spain. It claims to contradict the idea of quiet quitting with 82 percent of workers describing themselves as ‘engaged’ at work, while 65 percent say they are enthusiastic about what they do. Yet while workers feel content to a degree, there remain frictions and roadblocks to them becoming more productive and creative. More →

The underlying problems with the way we think about work

The underlying problems with the way we think about work

people and workAn idea that has never really gone away, but which seems to be enjoying a new lease of life is the tabula rasa. The conception of people as a blank slate is something a that has crept back into mainstream political and social thought for a variety of reasons. Arguably, it is also behind many of the most misleading notions about work and workplace design, perhaps most importantly that a change to some single element or characteristic of a working environment will lead to a specific outcome in the behaviour of people. More →

BCO recommends more space per person for the new era of flexible working

BCO recommends more space per person for the new era of flexible working

A worker in an office as part of flexible working cultureA report by the British Council for Offices (BCO) recommends a new method for calculating the amount of space needed per person in the post-pandemic world of flexible working. The research claims to identify a ‘sweet spot’ of 10-12 sq. m. per person. This will account for the rise in people working from home and hot-desking when in the office, while simultaneously ensuring the workspace meets modern employers’ requirements to promote productivity and wellbeing, as well as targets to minimise carbon emissions. More →

Hybrid working balance isn’t right for a third of people

Hybrid working balance isn’t right for a third of people

An isolated house to depict the loneliness for some people of hybrid workingSome 39 percent of office workers are so-called hybrid “misfits” and don’t have the right balance of home and office working, a survey funded by the Economic and Social Research Council claims. The researchers discovered that workers who were in the office more often than they wanted were more likely to want to change jobs, have lower job satisfaction and have worse work-life balance.??The research suggests that office working is often beneficial for people who are able to enjoy hybrid working. More →

The rotting one hit wonders of the workplace

The rotting one hit wonders of the workplace

Painting of a fruit basket by CaravaggioOn the 8 December, you’ll be able to get your hands on a new book called Out of the Blue: The inside story of Liz Truss and her explosive rise to power. Or not. At the time of writing, its publication still seems to be going ahead, but I’m not even sure this introduction will be current by the time I press ‘publish’ so I wouldn’t bet on it. I imagine the publishers of the book haven’t given the green light to the printers just yet but nothing a change of title, a hasty rewrite and few extra chapters can’t fix. More →

Winter is coming: don’t be in the dark about blackouts

Winter is coming: don’t be in the dark about blackouts

a lit candle to illustrate the idea of blackoutsThe National Grid has warned that the UK could face blackouts this winter. The worst-case scenario is that homes and businesses could lose power for pre-defined periods of up to three hours if gas power plants are not able to keep running due to the energy crisis that keeps on giving – or rather, taking. While the British government has dropped its energy rationing campaign, which once formed a crucial part of its plan to prepare for potential energy shortages and blackouts, countries across Europe are drawing up winter contingency plans, as are forward-thinking businesses. More →

Economic uncertainty kills talk of quiet quitting and the great resignation

Economic uncertainty kills talk of quiet quitting and the great resignation

Two people sit in an office talking, relaxed in chairs with no suggestion of a great resignation or quiet quittingIn spite of all the talk of a ‘great resignation’ and ‘quiet quitting’, more than three quarters of British workers (81 percent) are planning to ride out the recession with their current employer. This is in spite of the fact that nearly half (46 percent) say that they’d like to change jobs, according to a new poll from people analytics company Visier. When asked why they wouldn’t be keen to change job roles during a recession, concerns over job security in a new role (57 percent), having to settle for a lower salary compared to a current role (42 percent), and increased competition for current vacancies as a result of increased redundancies (28 percent) were cited as the leading reasons. More →

Remote workers can find it hard to switch off. There’s now an app for that

Remote workers can find it hard to switch off. There’s now an app for that

flexible working and remote workersThe last few years have seen our approach to work change dramatically. Technology has helped to unlock whole new ways of communicating and interacting, providing the flexibility for employees to work in a way that suits them best and creating a large number of remote workers for the first time. Even before the Covid-19 pandemic hit, this switch was on the cards. From an employer perspective, digital tools can allow for communication across the world, opening up access to a whole host of talent and wider consumer exposure. More →