Search Results for: Gen Z

UK productivity continues to fall

UK productivity continues to fall

Labour productivity, as measured by output per hour, was down 0.2 percent in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity.According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK’s ‘productivity puzzle’, with productivity since the economic downturn in 2008 growing more slowly than during the long period prior.

Despite occasional periods of growth, this sustained general pattern contrasts with patterns following previous UK economic downturns, when productivity initially fell, but subsequently recovered and returned to the previous trend rate of growth. However, movements in productivity were found to vary between industries, with the services industry recording labour productivity growth of 0.2 percent, while manufacturing productivity growth reduced by 0.9 percent, compared with the same quarter in the previous year.

 

Flexible office demand in Paris almost double the global average

Flexible office demand in Paris almost double the global average

Flexible office space in FranceDemand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices. With demand for office space on the rise in Paris, serviced offices have seen a 26 percent increase while hybrid space has seen a 23 percent increase. While the city ranks fourth globally by the size of supply, Paris is considered to be one of the largest flexible office markets in Europe and ranks among the top 10 best start-up cities in the world. Alongside New York, San Francisco and London, Paris also remains one of the most expensive places to rent a desk. Despite this, demand in the city is on the rise as more large businesses choose flexible offices over conventional leases. (more…)

World Economic Forum sets out top tech trends for 2019

World Economic Forum sets out top tech trends for 2019

tech trends for the workplaceThe World Economic Forum has announced its annual list of breakthrough technologies with the greatest potential to make a positive impact on our world. The technologies on the list, which is curated by members of the Forum’s Expert Network, are selected against a number of criteria. In addition to promising major benefits to societies and economies, they must also be disruptive, attractive to investors and researchers, and expected to have achieved considerable scale within five years. This year’s list features several technologies and tech trends directly relevant to the workplace and building design, including telepresence, automation and systems for plastics management.

(more…)

Smart cities spend to top $189 billion in next five years

Smart cities spend to top $189 billion in next five years

Global spending on smart cities will reach $189.5 billion in 2023, according to the latest IDC Worldwide Semiannual Smart Cities Spending Guide. The report claims that the main priorities  for investment will be resilient energy and infrastructure projects, followed by data-driven public safety and intelligent transport. It suggests that these priority areas will account for more than half of all smart city spending throughout the 2019-2023 forecast period. The guide claims to quantify the expected technology opportunity around initiatives at a regional and global level. (more…)

FTSE firms on track to meet women on boards target

FTSE firms on track to meet women on boards target

Firms in the FTSE 100 are on track to reach the target of 33 percent of women on boards  by 2020 that was set by the Hampton Alexander Review. In its July update, the organisation reports that 27.5 percent of FTSE 250 board positions now held by women, up from 24.9 percent three years ago.  The figures suggest that if progress matches the same gains made over the last 3 years, then FTSE 100 companies are on track to meet the 2020 target. Just under a third (32.1 percent) of FTSE 100 board positions are now held by women, up from 12.5 percent in 2011. (more…)

Fears about impact of AI now widespread

Fears about impact of AI now widespread

A significant proportion of the global population is concerned about the use of artificial intelligence (AI), with scepticism about its use by business greater than its use by government, a poll published by the World Economic Forum suggests. According to the poll, which surveys the attitudes of over 20,000 people across 27 countries, 41 percent of respondents said that they were worried about the use of AI. This compares to 27 percent that disagreed and 32 percent that were undecided. When asked whether the use of AI by companies should be regulated more strictly than it is today, 48 percent of respondents said they agreed compared to 20 percent that disagreed. (more…)

BDG completes Amsterdam offices of WPP

BDG completes Amsterdam offices of WPP

BDG architecture + design has completed the new Amsterdam campus for WPP as part of its global co- location strategy, which is to provide world-class spaces that bring together its people and agencies into one location, encouraging greater collaboration and giving clients easier access to all of WPP’s talent and expertise. (more…)

The biggest problem with open plan offices is how they are used

The biggest problem with open plan offices is how they are used

A Cuban panopticon is the idea most people have of open plan officesFor decades the trend among workplaces has seen employees moving out of individual offices and into open plan spaces. This has not always been successful, with the open-plan approach receiving significant criticism. The key issues are distraction and noise, which apparently leads to uncooperative behaviour, distrust and negative personal relationships, and the lack of privacy and sense of being universally observed. Now that the internet connectivity is available almost everywhere and thus allows much more flexible working, the question arises: What might the set-up of an ideal workplace environment look like today? (more…)

Modern comms tools can shut out workers

Modern comms tools can shut out workers

The use of technology to support communication and collaborative working in an increasingly digital and flexible world is something many of us recognise. However, a global study released today by Avast Business claims this technology is potentially causing a divide in the workplace, with 40 percent of UK respondents concerned that less tech literate employees will be ‘shut out’ unless they embrace the latest chat, collaboration and digital project management tools. (more…)

Office taxonomy and an increasingly diverse workplace ecosystem

Office taxonomy and an increasingly diverse workplace ecosystem 0

A very modern workplaceIt is perhaps the most common misconception of evolutionary theory that all animals are somehow evolving towards some end point – meaning us. This notion is perhaps best summed up when a sceptic asks: “If we have evolved from monkeys, why are there still monkeys?” The lesser of the two problems with this is its solipsistic assumption that humans are the pinnacles of life and that, if evolution were true, all species would eventually evolve into people. (more…)

We are running out of time to find the meaning of work

We are running out of time to find the meaning of work

Last week’s report from the IFS detailing the ongoing rise in the numbers of working poor in the UK highlights just how dysfunctional work can be in the modern era. While depictions of work in the media tend to consist of diverse Millennials clustering around a single laptop in the sun-dappled offices of tech firms, or chilling on the Chesterfield in a coworking space, the reality for many people is somewhat different. (more…)

Jobs upheaval as world adapts to era of automation

A new report from the Economist Intelligence Unit and UiPath claims that organisations around the world currently making extensive use of automation technologies, with 67 percent of UK business executives claiming to be satisfied satisfied with the results of their automation initiatives, 48 percent describing their organisation’s progress with automation as advanced, and 73 percent expecting their company’s operating costs to improve as a result of automating business processes. It is published on the same day as another report suggests that up to 20 million manufacturing jobs could be lost to robots across the world’s leading economies by 2030, replaced by a range of new jobs. (more…)