Search Results for: Gen Z

November 29, 2017

London office construction declines to three year low

by Mark Eltringham • Cities, News, Property

The development of new offices in central London has declined, according to the latest London Office Crane Survey by Deloitte Real Estate. Construction activity now totals 12.6 million sq ft, a 9 percent drop since the previous survey (six months ago). The survey reports 25 new office schemes starting construction, adding 1.8 million sq ft into the development pipeline. This is the lowest amount of new space started in over three years and 21 percent below the crane survey average. Refurbishment schemes once again dominate the new starts with 16 offices accounting for 70 percent of the volume. However, refurbishments are generally smaller scale than new-builds so the average size of schemes starting this survey has fallen to 73,000 sq ft, lower than the long-term average of 97,000 sq ft.

(more…)

November 28, 2017

Government unveils Industrial Strategy to boost productivity and wealth

by Mark Eltringham • News, Property, Technology

The UK government has published its ‘ambitious’ Industrial Strategy, which it claims sets out a long-term vision for how Britain can build on its economic strengths, address its productivity performance, embrace technological change and boost the earning power of people across the UK. With the aim of making the UK the world’s most innovative nation by 2030, the government has committed to investing a further £725 million over the next 3 years in the Industrial Strategy Challenge Fund (ISCF) to respond to some of the greatest global challenges and the opportunities faced by the UK. This will include £170 million to ‘transform the construction sector and help create affordable places to live and work that are safer, healthier and use less energy’

(more…)

November 28, 2017

Just five coworkers are the source of all workplace irritations for most people at work, claims study

by Neil Franklin • News, Workplace

A survey of 2,000 US workers carried out by researchers at Olivet Nazarene University in Illinois claims that while everybody get irritated at work at times, for most people the source of those irritations is just a handful of their colleagues. Only 2 percent of respondents claim to find 10 or more of their coworkers irritating. The healthcare and insurance industries have the highest number of annoying coworkers and 40 percent of the respondents who work in fashion/art and retail claim to be the most annoyed on a regular basis. 48 percent of respondents claim general loudness and complaining, followed by 31 percent who said gossiping and bullying behaviour was most annoying about their colleagues. Respondents in communications and journalism have the most gossipy workplaces, and because those industries are people-centric, discussing others’ business becomes a workplace side effect.

(more…)

November 28, 2017

Workers would be prepared to take a pay cut for an agile working life

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

A new survey claims that the ability to accommodate agile working into their life is important, with those who prefer to work agile claiming they would sacrifice an average of 16 percent of their annual salary for the opportunity.In addition to this, 86 percent stated they would even change jobs to accommodate their preference. The report into recruiting for an agile workforce suggests that despite being a relatively new concept, over half surveyed were familiar with it and over 22 percent of those had worked in an agile environment for over two years. However, recruiters claim less than half of the roles they’re working on offer agile, finding it’s most prevalent in the IT sector. The study reveals both recruiters and candidates believe the key attributes for success in agile are being flexible, organised and hardworking. Interestingly, the majority of recruiters believe these are required in advance and cannot be developed on the job. Meanwhile, social qualities (like being introverted or outgoing) or being easy going are less important.

(more…)

November 23, 2017

Time for Britain to face up to its post-Brexit skills shortage

by Andrew White • Comment, Technology, Workplace

A new and dramatic wrinkle seems to be added to the process of Brexit talks every week. But rumbling underneath the political positioning are some fundamental problems for business. Perhaps the most startling challenge is the prospect of a cavernous skills gap. A lot of attention has been paid to the problems of low-skilled workers – the “left-behind” who voted for Brexit in the first place, and the migrants who are currently propping up the agricultural economy and doing the jobs that UK workers don’t want to do. But a more pressing issue is the fact that for too long a large proportion of our skilled labour has been coming from outside the UK. This is not only in the form of skilled individuals who are recruited to work for companies and public sector organisations in the UK, but also in the way Britain outsources the manufacture of complex parts to companies in the rest of Europe. (more…)

November 23, 2017

The workplace sector responds to the 2017 UK Autumn Budget

by Mark Eltringham • Architecture, Environment, Features, Property, Technology

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit inevitably cast its shadow over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, many of which have been broadly welcomed by commentators, industry bodies and experts. Among the announcements in the budget were new plans for infrastructure and planning, skills and training, the environment, productivity, AI and regional development.

(more…)

November 22, 2017

Employers can Improve staff performance by balancing feedback says CIPD

by Sara Bean • News, Workplace

Line managers can improve the performance of their teams by focussing on building their strengths, rather than trying to fix their weaknesses, claims new research published by the CIPD. ‘Strengths-based performance conversations’ aims to move managers away from a deficit-oriented method, which is focused on identifying and fixing the weaknesses of team members, analysing what has gone wrong and considering how that can be avoided in the future. The new study of performance management outcomes in the civil service shows that that employee performance can be improved by a simple training intervention focused on building strengths instead of fixing weaknesses. These results can be boosted by a more extensive intervention, which includes wider communication and changes to HR policy, as well as manager training.

(more…)

November 21, 2017

The missing LINC between the office and the future of work

by Mark Eltringham • Features, Flexible working, Technology, Workplace design

There is a theory that if you want to know how the economy is doing, you ask a taxi driver. The basis for this idea is that they are the first to know when money is getting tight, because people make more use of buses and tubes. In a similar way, one of the best ways of gauging workplace trends is to ask an office furniture company. They’ve always functioned in a fiercely competitive market, but are also the first to notice an economic downturn or a shift in the structure of their markets.

(more…)

November 20, 2017

Nearly a quarter of UK employees admit to being unproductive at work

by Sara Bean • AI, Facilities management, News, Technology, Workplace

Almost a quarter (23 percent) of UK employees rate themselves as ‘unproductive’ at work, equating to seven million of the nation’s total workforce. Perceived productivity slips even further amongst Generation Z employees. When asked to rate their productivity out of ten, with ten being the highest possible number, 28 percent of Generation Z employees gave themselves an ‘unproductive’ score between 0 and 6, compared to the national average of 23 percent. At a time when improving the UK’s labour productivity is high on the agenda, the survey of more than 3,000 UK employees claims there is an untapped opportunity for employers to help boost workforce productivity. However, the research highlights some of the steps businesses can take to increase productivity. This includes both technological, by providing a digital workplace and cultural, by helping to create a successful team environment.

(more…)

November 17, 2017

Managers with a high IQ might be too clever for their own good when it comes to leadership

by Mark Eltringham • News, Workplace

The perfectly obvious assumption that there is a direct correlation between high intelligence and fitness leadership has been called into question by researchers from the University of Lausanne. In a paper published in the Journal of Applied Psychology, the team of academics suggest that too much intelligence might actually harm the effectiveness of leaders, describing the correlation between IQ and perceived leadership ability as ‘curvilinear’. This means that, at a certain level of intelligence, people can become too clever for their own good – and the good of their colleagues and employer.

(more…)

November 17, 2017

Businesses exploring potential of AI to improve customer experience and the bottom line

by Neil Franklin • News, Technology

Despite the growing interest in the potential of artificial intelligence, there is a sense of confusion amongst business leaders about how it is being used and how to take advantage of its potential. Independent research from SAS claims that while nearly two-thirds (65 percent) of business leaders are convinced AI can generate value for their business, nearly half (46 percent) are being held back by concerns around AI still being in its infancy. Nearly a third (30 percent) of companies are not sure if they are ready for the technology, citing concerns over a lack of required skills (66 percent), ROI (55 percent) and fears over stories of AI malfunctioning (38 percent). Many also expressed reservations over the cost of solutions (39 percent) and lack of trust in the technology (36 percent), reinforcing fears that AI would not deliver sufficient ROI.

(more…)