Search Results for: Gen Z

Communal workspace model making inroads in US offices

Costar

There is a growing trend in the United States to downsize office space, particularly amongst larger public firms, as they increasingly adopt policies for sharing non-dedicated offices and implement technology to support their employees’ ability to work anywhere and anytime. In a webinar presented to subscribers of commercial real estate intelligence group CoStar, Norm G. Miller, PhD, a professor at the University of San Diego, Burnham-Moores Center for Real Estate examined what would happen if office tenants used 20 per cent less of the US’ current office space, which has a total valuation of $1.25 trillion.

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Ageing population is the greatest demographic challenge

Image credit: <a href='https://www.123rf.com/photo_2475828_old-hands-on-clean-table.html'>logoboom / 123RF Stock Photo</a>

Forget Gen Y, a new report published today by the House of Lords Committee on Public Service and Demographic Change warns that it’s our rapidly ageing population that will have a huge impact on society, work and public services. Predicting a 50 per cent rise in the number of those aged 65+ and a 100 per cent increase in those aged 85+ between 2010 and 2030, the report advocates enabling people to work for longer, many of whom are legally entitled to do, since the removal of a statutory retirement age in 2011. According to the report, “Ready for Aging?” working for longer would increase income from work, potentially increase savings, and reduce the time of dependence on those savings.

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UK Government reports £1 billion sale of unwanted properties

St Dunstans HouseThe Cabinet Office minister Francis Maude has claimed that central Government departments in the UK have now raised more than £1 billion by selling unused property since 2010. He also claimed that government departments have saved an additional £168 million with the termination of leases on unwanted buildings. The landmark figure was reached with the sale of St. Dunstan’s House (above), formerly home to the Ministry of Justice to Taylor Wimpey who will be converting the site into – what else? – a residential project of 76 apartments designed by David Walker Architects.

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Landmark buildings can lead to an identity crisis for tenants

A new generation of landmarks

A new generation of landmarks

Companies want to brand themselves in lots of ways and for lots of reasons. There are all the usual reasons to do with marketing but when companies talk about brand and how it is integrated with architecture and the design of their offices they are equally likely to be concerned with attracting staff and making what they think are the right statements about their business. The problem is that while nearly everybody wants to brand their workplace, the design solutions can become overly literal. There’s nothing inherently wrong with logos in the carpet but successful design will be about far more than that. It usually has to be rather less literal and rather more intelligent.

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US wellness programmes failing to impact the bottom line

The-Bottom-LineA new study from researchers in the United States has indicated for the first time that the benefits of workplace wellness programmes may not be reaching the bottom line of organisations as much as is commonly claimed. The results of the research were published this week in the peer reviewed Health Affairs journal. The researchers followed a wellness programme at a hospital in St Louis and found that, while the numbers of hospitalisations for employees and their family members fell by over 40 per cent on a specific set of conditions, the savings were more than offset by the increased costs of the scheme.

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‘Internet of everything’ for most firms within 3 years

Cisco techwatch

Next generation workspaces will be a reality for three quarters (76 per cent) of businesses by 2016 says a new Cisco report, as organisations pave the way for greater connectivity by investing in IT infrastructure and collaboration technologies. “Whilst cost-cutting and reducing complexity is important, creating an environment where IT can support – or indeed drive – innovation within the business is paramount said Ian Foddering, CTO Cisco UKI. “Three key pillars emerge: ‘Simplify’, ‘Protect’ and ‘Change & Grow’. Get the first two right, and you pave the way for innovation, greater connectivity, next generation workspaces and ultimately a shift towards the ‘Internet of Everything’.”

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Hong Kong and London world’s most expensive cities for start ups

Hong KongA new report from property consultants Savills based on the total cost of setting up in business in the world’s major cities has today revealed that Hong Kong is the most expensive of the ten cities in which to locate, with London in second place and New York a close third. The total real estate cost of setting up business in all three cities is now almost three times that in the best priced world capitals, Shanghai and Mumbai. The report will be published in full on the 20th March as The World Cities Review and includes measures of headline rent, tax and other charges.

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Time to mothball facilities management’s stuffed shirts

Stuffed ShirtMuch hand-wringing and angst in the world of Facilities/Workplace Management at the moment. The usual existential paranoia about relevancy and the need for a seat at the top table; the search for differentiation when pretty much the whole industry does the same things in the same way; hoping to standardise as much as possible under the guise of best practice and looking for ways that add value that won’t put a further pinch on already tight margins. As ever, new legislative and regulatory frameworks will keep the talking heads occupied and BIM (and other new tools) will continue to keep the cash tills ringing at software companies.

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Green Construction Board publishes carbon emissions routemap

 Carbon

The Green Construction Board has called for urgent action to reduce carbon emissions as it published a new plan for the sector to meet national carbon reduction targets. The Low Carbon Routemap for the Built Environment, launched at this week’s Ecobuild sets out what is required from the construction industry to achieve its UK government target of an 80 per cent reduction in greenhouse gas emissions from 1990 levels by 2050. The GCB also published its ‘Top Twenty Tips’ for greening the industry with a case study engine showing examples of good practice. More →

UK workers’ real wages have fallen furthest

pay squeeze

British workers have seen the biggest fall in wage value among the world’s wealthiest countries, according to a TUC report on the global economic race published today. Between 2007 and 2011 – real wages fell by 4.5 per cent in the UK, falling at nearly twice the rate of Spain – the next worst-performing economy that year.  However, as we reported last month lower wages appear to be contributing to higher employment rates in the UK compared to countries where pay rates are higher, such as Spain and Italy.

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Culture determines how we choose neighbours in the Global Village

WorldWhile a great deal has been written about the amount of time we spend each day dealing with emails, often to the detriment of other work, new research indicates that who we correspond with by email is influenced heavily by our cultural associations, language and beliefs. The study from researchers at Cornell and Stanford Universities in partnership with Yahoo found that people tend to align their email habits on the basis of cultural, linguistic and religious similarities with other users rather than pure geography. It suggests that while we may live in the Global Village, we still want to choose our digital neighbours.

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Plans unveiled to transform Southbank Centre Festival Wing

Southbank

London’s Southbank Centre, the UK’s largest arts centre, has unveiled plans to transform the Festival Wing – the Queen Elizabeth Hall, Purcell Room and Hayward Gallery complex. The proposals, by FCBStudios, include the refurbishment and renewal of the existing 1960s buildings and the creation of major new arts spaces including a new glass pavilion, a new central foyer and a new liner building to create, together with the successful Royal Festival Hall refurbishment, a world-class cultural centre for the 21st century, providing more art for more people in better spaces. More →