Search Results for: big data

More than two-thirds of the megacities of the world will be located in Asia by 2025

by • Cities, News

Robust economic growth and rapid urbanisation over the last few decades has resulted in the creation of a number of megacities in Asia. Against this backdrop, 33 out of the projected 49 megacities will be located in the region, according to GlobalData, a data and analytics company. The City Economics Database reveals that megacities were home to nearly 8.35 percent of the world’s population and contributed 15.50 percent to total global GDP in 2018. Of the world’s 40 megacities in 2018, 26 were located in Asia. GlobalData forecasts that the number of megacities will increase to 49 and more than two-thirds of these megacities (including 19 in China and six in India) are expected to be located in Asia by 2025.

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Landlords must respond in new ways to the changing world of work

Landlords must respond in new ways to the changing world of work

by • Comment, Technology, Workplace design

Hammocks, remote working, hot-desking. Contrary to common belief, these aren’t the only conversations landlords are having with designers on how to approach their workspaces for today’s tenants. Rising property values, the growth of flexible offices and political uncertainty have forced landlords to change the way they market their properties to respond to the demands of occupiers. And with no sign of London’s commercial office marketplace calming in the near future, the need for landlords to remain flexible and create channels of communication with their tenants, remains strong. (more…)

Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior support

by • AI, News, Technology, Workplace

Organisational innovation being stymied by lack of senior supportA lack of senior stakeholder support is the greatest inhibitor of change, new research suggests as despite considerable enthusiasm to innovate, organisations are being thwarted by tight resources and strong internal resistance. The data commissioned by KCOM found that organisations are also limiting themselves by turning away the specialist skills and experience that could help them advance, through overly predictive procurement processes. They are however, eager to be more competitive, which is why organisations are making big investments in innovation projects. Almost half (43 percent) consider driving digital transformation to improve competitive advantage to be their top priority in the next year. A further 32 percent are allocating at least 20 percent of their IT budget to new projects. Both public and private sector organisations are also taking an increasingly people-centric approach to digital transformation. In the next year, 80 percent said they would incentivise staff retention through training, accreditation and career development to deliver on their innovation strategy. This is compared to 71 percent who said they would do so by investing in new technologies.

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Half of HR departments plan to offer new employee benefits

Half of HR departments plan to offer new employee benefits

by • News, Wellbeing, Workplace

According to Gallagher’s Benefits Strategy & Benchmarking Survey (registration required), 45 percent of HR practitioners are planning changes to current employee benefit offerings amid a highly competitive labour market. The survey shows an increasing number of organisations are fully aware of the measurable impact that benefits have on engagement and productivity. Among HR practitioners planning changes, 72 percent are seeking to enhance benefits, thereby improving their employer brand and becoming more competitive in recruitment. The second-most popular planned change is improving flexibility in benefits, with 47 percent attempting to bolster flexible options to extend individual choice. (more…)

Majority of businesses fail to see a return on their technology investments

Majority of businesses fail to see a return on their technology investments

by • News, Technology

According to a new report from Accenture, the majority of businesses don’t see a return on their technology investments and just 14 percent of businesses manage to realise the full potential of their tech investments. Roughly $3.2 trillion was spent on new technology in the last five years. Businesses that were most successful with their investments were the ones investing in bold moves, rather than incremental shifts.

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UK cities joining the global movement to net zero building

UK cities joining the global movement to net zero building

by • Cities, Environment, Features

The UK is joining a global drive towards a ‘net zero carbon’ future, with its biggest cities setting ambitious decarbonisation targets in an effort to reduce their impact on the environment. Manchester plans to be a carbon-neutral city by 2038, while Bristol aims for full decarbonisation by 2030. In London, all new buildings will be net zero carbon by 2030, as the UK strives to meet targets set by the Paris Climate Agreement.

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Millennial headlines, eternal workplace truths, the pathologisation of sitting and some other stuff

Millennial headlines, eternal workplace truths, the pathologisation of sitting and some other stuff

by • Facilities management, Features, Technology, Wellbeing, Workplace design

The New York Times asked an interesting question this week. “Why Are Young People Pretending to Love Work?” it demanded, begging the immediate response ‘for the same reason everybody else does’. If only that pat, facetious response were enough to satisfy the actual questions concealed by the typically misleading headline. What the article actually wants to know is why some members of one particular tribe of young people have a toxic relationship with work. And that tribe (of course) is made up of the diverse, attractive, urbanite, coffee-fixated, stock image Millennials working for the world’s tech giants. Interesting in so far as it goes, but this tribe is not homogeneous to begin with and does not represent the world’s ‘young people’. It’s beyond time we stopped working on the basis that it does. Change the headlines.

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Are these the 2019 Top Employers to work for in the UK

Are these the 2019 Top Employers to work for in the UK

by • Company news, Wellbeing, Workplace

The Top Employers Institute, a certifier recognising employers that provide world-class employee conditions, has released its list of Certified UK Top Employers for 2019. Over 600 HR professionals gathered at London’s Hilton on Park Lane, on the 31st January 2019, to recognise the best employers in the UK. (more…)

Australian designers are fundamentally reshaping workplaces around the world

Australian designers are fundamentally reshaping workplaces around the world

by • Comment, Workplace design

Earlier this year, the QS World University Rankings revealed that the University of Melbourne, the University of Sydney and the University of New South Wales are better places to study architecture and the built environment than some Ivy League universities. The Asia-Pacific region accounted for eight of the top 20 architecture schools from the region. As a result, there’s an incredible pool of talent coming from Australia and entering the global market.

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Pointless meetings set to cost organisations $541bn this year

Pointless meetings set to cost organisations $541bn this year

by • News

Professionals spend two hours a week in pointless meetings, which will add up to over $541bn worth of resource around the world in 2019. That is the main claim in a new report from Doodle. The State of Meetings Report 2019, calls on proprietary data from the firm alongside new research conducted with 6,528 professionals in the UK, Germany and the USA. The report claims to be a comprehensive look at the time taken up by cancelled or unnecessary meetings, inefficient ways of working and preferred methods of meeting and features expert comment from organisational academics and psychologists.

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Good managers shown to play a crucial role in enhancing worker performance

Good managers shown to play a crucial role in enhancing worker performance

by • News, Workplace

Good managers play a crucial role in enhancing workers' performance

Employers make extensive investments in their employees; investing in hiring and retaining workers that match the firm’s needs. Now new research summarized by Kathryn Shaw, Stanford University, USA suggests that the hiring and training of good bosses may carry even more weight when it comes to workers’ performance. The study in the new IZA World of Labor Report shows a good boss can enhance the performance of their employees and can lower the quit rate. Good bosses have some universal traits: they coach and teach and offer insight into the strategy of the firm. According to Shaw economists are increasingly finding better data to measure the effects of bosses on workers’ performance, as well as the sources of these effects. A recent study of workers in a large firm that performs technology-based service (TBS) jobs found that the move from an average quality boss to one in the 90th percentile raised worker productivity by six units per hour, on a mean productivity of ten units per hour. Thus, when workers move from an average boss to a high-quality boss, productivity could rise by 50 percent. The study also showed that workers were more likely to quit when faced with bad bosses.

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Don’t be a turkey, get on the commercial property gravy train

Don’t be a turkey, get on the commercial property gravy train

by • Comment, Property

Last week, the RICS Commercial Property conference tackled the biggest issues impacting the built environment sector, arming delegates with fragments of the formula for future success. The morning CEO Question Time panel put a trio of CEOs in the spotlight. In addition to airing concerns about the current political climate, rapidly shifting societal attitudes, diversity and inclusion, the ageing population coupled with the ongoing housing shortage, climate change and the complexities involved in exploring new business models to drive and diversify revenue, they all zoomed in on the accelerated pace of change we’re witnessing, crowning it the key challenge for today’s C-suite.

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