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World’s business districts regain strength but face ongoing challenges

World’s business districts regain strength but face ongoing challenges

by • News, Property

The world’s major business districts are recovering their appeal after the disruption of Covid-19, according to new research from EY and the Urban Land Institute (ULI). The 2025 Global Business Districts Attractiveness Report shows that nearly two thirds of surveyed stakeholders now consider these districts more attractive than before the pandemic. The study assesses 30 leading districts across Europe, North America and Asia using 2,400 data points measuring macroeconomic performance, talent, real estate, innovation and sustainability. The findings suggest that long-established hubs retain their dominance, with Midtown Manhattan, the Financial District in New York, Tokyo Marunouchi, Paris La Défense (pictured) and the City of London occupying the top five positions. Collectively, the districts generate USD 4.5 trillion in annual GDP and provide more than seven million jobs. (more…)

Business leaders are told to move fast and break things. But sometimes they shouldn’t

Business leaders are told to move fast and break things. But sometimes they shouldn’t

by • Business, Comment

Business leaders are often told to embrace uncertainty, shake things up, and move fast. But this mantra masks the dangers of disruption, which can just as easily harm as help.Business leaders are often told to embrace uncertainty, shake things up, and move fast. But this mantra masks the dangers of disruption, which can just as easily harm as help. In recent research with Richard Haynes, Ingo Marquart, and Hai Anh Vu, we examined a disruptive leadership approach called “annealing.” My summary view: Although annealing can prompt change and innovation, most leaders should pause and reflect before trying. (more…)

Growing number of businesses want people back in the office, but not in all sectors

Growing number of businesses want people back in the office, but not in all sectors

by • Flexible working, News

Over two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new pollOver two fifths (41 percent) of businesses have emphasised the need for people to work in a physical workspace such as an office over the past year, according to a new poll from the British Chambers of Commerce (BCC). While most of the firms (67 percent) who require onsite working say it hasn’t impacted recruitment or retention, one in ten relevant businesses (9 percent) have seen staff leave in response. (more…)

Business rates hike could cost London office occupiers £432 million more from 2026

Business rates hike could cost London office occupiers £432 million more from 2026

by • News, Property

Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers.Office-based businesses across Central London could face a steep increase in business rates from April 2026, according to new research by property consultancy Colliers. The analysis suggests that occupiers of prime office space may collectively see bills rise by £432 million, bringing total business rates liabilities to £5.23 billion—a 9 percent increase on current levels. Colliers examined 27 Central London areas, focusing on Grade A office spaces over 10,000 sq ft, to assess the expected financial impact of the 2026 Rating Revaluation. The forecast draws on changes in rental values between April 2021 and April 2024 and anticipates a higher business rates multiplier for properties with rateable values (RVs) above £500,000. (more…)

Half of company directors think their board is of no value to the business

Half of company directors think their board is of no value to the business

by • Business, News

Almost half (46 percent) of company directors in the US and UK think their boards do not add enough value to their organisation. according to the Board Value Index from Board Intelligence.Almost half (46 percent) of company directors in the US and UK think their boards do not add enough value to their organisation, according to the Board Value Index from Board Intelligence. The Board Value Index is based on responses from more than 200 executive and non-executive directors from companies with over $50 million in turnover across the UK and US. Almost a third (31 percent) of directors surveyed said that their board adds no value at all, with half of that group believing their board is actively holding their organisation back. (more…)

How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

by • Business, Company news

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Half of businesses who have made people redundant in favour of AI think they may have messed up

Half of businesses who have made people redundant in favour of AI think they may have messed up

by • AI, News, Technology

A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there's a good chance they made wrong decisions about those redundancies.A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there’s a good chance they made wrong decisions about those redundancies. Orgvue first conducted its international survey of 1,000 C-suite and senior decision makers at medium and large organisations in 2024. This year, the research highlights what Orgvue says is growing caution in deploying artificial intelligence and acknowledgment that businesses need to reskill people to work with the technology. (more…)

If you want your business to grow, become a digital leader

If you want your business to grow, become a digital leader

by • Business, Comment, Technology

The takeaway from research is clear: investing in becoming a digital leader fuels business success.How often does your organisation really challenge its approach to digital? A recent report from Virgin Media O2 Business in partnership with Cebr revealed a gap in progress between tech adopters and non-adopters. The average tech-adopting ‘digital leader’ saw a 12 percent turnover growth and 9 percent headcount growth between 2021 and 2023. This was double that of slower-adopting ‘digital followers’, with 6 percent turnover and 3 percent headcount. (more…)

Hybrid working businesses say they are more optimistic about their future profitability

Hybrid working businesses say they are more optimistic about their future profitability

by • Flexible working, News, Property

A new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growthA new poll from flexible office provider International Workplace Group (IWG) claims that businesses operating with a hybrid working model are significantly more optimistic about growth in the year ahead than those which do not offer employees flexibility about where they work. This follows a spate of so-called return-to-office-mandates from major corporates including Amazon and WPP. A study of more than 500 CEOs and senior business leaders by  found that 69 percent of businesses offering hybrid working had a positive outlook for 2025 compared to 44 percent of non-hybrid companies. (more…)

When it comes to business change, persistence eats resistance for lunch

When it comes to business change, persistence eats resistance for lunch

by • Business, Comment, JB

People’s favourite word in change is RESISTANCE.  We seem to not be able to talk about it enough.  The problem is that many times, the thought of resistance stops us from doing something because we are either afraid of it or just don’t want to deal with it and this causes big problems for us as leaders in our businesses. Whenever there is change, there will be resistance, that is a given.  Why – because it is human and natural to resist any change, whether that be positive or negative.  If I or someone else said to you “You have the winning lottery ticket!” your first reaction would be to dis-believe, which is a form of resistance. (more…)

Businesses are cautiously optimistic despite economic and technological uncertainty

Businesses are cautiously optimistic despite economic and technological uncertainty

by • Business, News

Nearly three-in-five businesses optimistic about global economic outlook as they plan headcount increases and continued AI rolloutAlmost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months – more than double the proportion who expect headcount decreases (17 percent), and up from 39 percent last year. The percentage is highest (48 percent) among smaller companies (less than US$100 million) and those in the technology (61 percent), real estate (61 percent), private equity (52 percent) and pharma and life sciences (51 percent) sectors. (more…)

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