Search Results for: Gen Z

Every company should champion design and creativity at board level

Every company should champion design and creativity at board level

by • Comment, Products, Workplace design

All business and life are about selling. Well that’s what Mark Price (Lord Price) the previous Managing Director of Waitrose and former Minister with the Department for International Trade said in a recent book, Workplace Fables: 147 True Life Stories. I like Mark Price and his writings but certainly don’t agree with his view about selling. To me business and life are about design. Just close your eyes and imagine life without it. If your imagination could handle this, and when you opened your eyes you would be standing in a field stark naked, because nothing apart from nature would exist. If you had bad eyesight things would be blurred and any illnesses could not be medicated. You may even have trouble eating unless you found some palatable vegetation or a creature willing to be caught, unless of course it did not eat you first.

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Skill shortages and currency weakness contribute to three year low in economic confidence of SMEs

Skill shortages and currency weakness contribute to three year low in economic confidence of SMEs

by • News, Workplace

Skill shortages and currency weakness cause three year low in economic confidence of SMEsConcern amongst small and medium sized enterprises (SMEs) regarding the current economic climate fuelled by worries over a Brexit-related skills shortages, is at a three-year high, according to the latest Zurich SME Risk Index. It now sits at 56.38, indicating almost a 2 percent rise in perceived risk since Q1 2016 (55.43), and more than 3 percent higher than in October 2016 (54.55). SMEs attitudes towards economic growth, presently sits at a four-year low – with just two in five (40 percent) businesses confident that the UK economic situation will improve over the next 12 months. Similarly, the results regarding SMEs attitudes towards the international trade environment, reveals concern regarding overseas competition and currency rate fluctuations being at its highest in four years at 45.49. Equally, workforce challenges, namely the availability of skills and talent, is also an increasing concern for smaller businesses. Two in five (40 percent) SMEs now see workforce challenges as a major concern for their business; a rise of 8 per cent since October 2016, indicating that political issues are a major influence on the current attitudes of business owners in the UK.

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Rent falls due to Brexit and concerns about oversupply of serviced offices in London

Rent falls due to Brexit and concerns about oversupply of serviced offices in London

by • Cities, Facilities management, News, Property

There have been 18 months of faltering net effective rents within the commercial office market in the Capital since the Brexit referendum, with ten of the 18 Central London office submarkets monitored in Cluttons’ latest London Office Market Outlook report registering rent falls in the final quarter of 2017, buoyed by additional incentives such as contributions to fit out costs and even delayed completions becoming commonplace in many locations.  The report also raises concerns about the potential for an oversupply of serviced offices within the Capital. However, despite this and a perception that Central London offices are currently fully prices or possibly over-priced, by both occupiers and domestic investors, London remains a resilient city, continuing to attract high volumes of overseas capital. Employment growth is of course expected to be influenced by both the levels of GDP growth during 2018 and the Brexit divorce proceedings, which in turn will affect rental values. But says the report, aside from concerns over Brexit, there is no evidence from recruitment agencies to suggest a current, or planned exodus of finance and banking professionals from the City.

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Plans to develop 2 million sq. ft. of office space in South East England announced

Plans to develop 2 million sq. ft. of office space in South East England announced

by • News, Property

Property developer John Baker, formerly of Baker Lorenz, has launched a new venture to develop a series of new business districts in South East commuter towns and outer London boroughs.  The John Baker Group is working in partnership with building and civil engineering contractor Sir Robert McAlpine on the £2bn project which will see the delivery of some 2 million sq. ft. of new office space across the South East. The joint venture, called The Commercial Parks Group, has already acquired £20m worth of property in Crawley, Haywards Heath and Bromley in order to create a series of major business hubs.

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Public sector procurement must foster digital innovation and growth says report

Public sector procurement must foster digital innovation and growth says report

by • Facilities management, News, Public Sector, Technology

If the Government is to deliver its plans of driving digital transformation to improve the UK’s public services it must make a step change in procurement within central government and the wider public sector. That is one of the main findings of Procuring the Smarter State: key steps to promote innovation and growth in the public sector, published today by techUK. The Government spent more than £12.2bn with SMEs in 2015/16 and thousands more tech SMEs have signed up to sell their services to Government in the last year through agreements like G-Cloud and Digital Outcomes and Services. But the Government needs to do more if it is to reach its aspiration of spending one pound in every three with SMEs by 2022. This new report sets out how procurement can act as a tool for Government to deliver its vision for the future of public services and use public sector procurement to help foster innovation in the supplier community.

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The patchy outcomes of automation could compound Britain’s North/South divide

The patchy outcomes of automation could compound Britain’s North/South divide

by • Cities, News, Technology

The patchy effects of automation and artificial intelligence could compound the economic differences between the UK’s cities, according to a new report from the Centre for Cities. It concludes that while automation will boost jobs in British cities over the coming decades, it will also deepen economic and political divisions across the country, with Northern and Midlands cities more exposed to job losses than cities in the South. The report claims that 1 in 5 existing jobs in British cities are likely to be displaced by 2030 as a result of automation and globalisation – amounting to 3.6 million jobs in total – with retail occupations, customer service roles and warehouse jobs among those most at threat. Significantly, however, this risk is not spread evenly across the country, with struggling cities in the North and Midlands more exposed to job losses than wealthier cities in the South. Around 18 percent of jobs are under threat in Southern cities, compared to 23 percent in cities elsewhere in the country.

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Harnessing serendipity in the workplace is about more than facilitating the unexpected

Harnessing serendipity in the workplace is about more than facilitating the unexpected

by • Comment, Technology, Workplace design

What if your company had a great and more frequent ability to discover more valuable things than those for which it were usually looking? How would you then begin to describe your company’s overall level of awareness and sagacity? Does it make your company ’feel lucky’? Inspiring questions and understanding serendipity might give some answers to these and other questions. One of the challenges in answering them lies in the nebulous idea of serendipity in the first place. In many respects the idea of serendipity carries with it a mystical undercurrent and even researchers do not agree about a precise definition. However, serendipity is never a ’happy accident’, it’s much, much more than that. The key elements in the process of serendipity include: 1) a prepared mind 2) an unexpected event, encounter, result or contradiction 3) insight and 4) value creation. Not only is serendipity a process, but it is also a quality of mind.

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New RSA report highlights increasingly precarious and diverse nature of work

New RSA report highlights increasingly precarious and diverse nature of work

by • Flexible working, News, Technology, Workplace

work gig economy flexible workingBritain is dividing into seven new classes of worker as the gig economy grows, according to think-tank the RSA (the Royal Society for the encouragement of Arts, Manufactures and Commerce). Striving, Thriving or Just About Surviving has been published to coincide with the launch of the RSA’s Future Work Centre, following RSA chief executive Matthew Taylor’s employment review for Theresa May last year. The report warns of a 30:40:30 society: while around 30 percent live comfortably, economic insecurity is “the new normal” with 40 percent just managing and a bottom 30 percent not managing to get by.

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Women in female dominated workplaces have less access to flexible working

Women in female dominated workplaces have less access to flexible working

by • Flexible working, News

Workers in female-dominated workplaces have worse access to flexible working arrangements than those in gender-neutral and even male-dominated workplaces, new research from the University of Kent has found. The report challenges the commonly held assumption that the low wages often found in female-dominated workplaces can be justified through better provision of family-friendly arrangements, but the research provides evidence that low wages are accompanied by worse working conditions. (more…)

Only half of organisations are committed to ensuring employees thrive at work

Only half of organisations are committed to ensuring employees thrive at work

by • News, Technology, Workplace

Growth and development matter most to employees, followed closely by fair access to opportunities and equity in pay, yet only half (52 percent) of organisations worldwide have committed to help meet these aims claims new research. As advances in technology, like AI and robotics, disrupt industries and redefine value chains, organisations need to distinguish themselves from others in order to prevail. Thriving organisations – those that transform their work environment into a compelling experience – will be first in building the workforce for the future finds Mercer’s newest research, Thriving in an Age of Disruption. It suggests that exceptional organisations transform work into a compelling experience that meets all employees’ needs, unlocks their full potential and enables them to successfully transition into the future workforce. Employees who are energised and bring their authentic selves to work are 45 percent more invested in their role, while a trusting work environment, a feeling of personal accomplishment, faith in senior leadership, clarity around career paths and a strategy that is responsive to external market shifts and societal needs explain 79 percent of employee confidence in the company they work for.
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World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

World Economic Forum announces expanded global network to shape policy for Fourth Industrial Revolution

by • AI, News, Technology

The World Economic Forum has announced an international expansion of its Center for the Fourth Industrial Revolution. The announcement coincides with this week’s Forum at Davos, which you can follow live here. New affiliate Centers will open in India, Japan and the United Arab Emirates, creating ‘an international network dedicated to maximising the benefits and minimising the risks of emerging technology’. In cooperation with host governments and private companies, affiliate Centers will aim to build on the work under way in San Francisco to close the perceived gap between emerging technology and policy. The Center for the Fourth Industrial Revolution model is to bring together business leaders, governments, start-ups, civil society, academia and international organisations to co-design and pilot innovative approaches to governance for emerging technologies such as artificial intelligence and blockchain.

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Two fifths of people think their jobs will be obsolete within a decade

Two fifths of people think their jobs will be obsolete within a decade

by • Flexible working, News, Workplace

A new survey from job site Jobbio claims that more than two fifths of British workers think their job will be obsolete in as little as ten years, compared to over a third of those in the US. Respondents believe roles such as travel agents, telemarketers and factory workers will all disappear. in the longer term, a little over two-fifths of 2,000 British respondents (41 percent) think that they won’t be able to retire until the ages of 70-74 in 2050 with less than a fifth (14 percent) thinking they will get to retire under the age of 65. The survey focuses on the issue of happiness and what makes people happy at work. It found that there are some marked differences between the two countries although people are universally keen to address the issue of work life balance.

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