Search Results for: business

More women on UK boards welcomed, but business leaders urged to do more

by • Legal news, News, Workplace

More women on UK boards welcomed, but business leaders urged to do moreFemale representation on the UK’s top companies’ boards continues to increase according to new figures published today by the Professional Boards Forum (PBF). The statistics show that 19 per cent of directors are now female (up from 17.4% in May) and 24 per cent of board appointments since 1 March 2013 have been women. To meet the target of 25 per cent of board positions being held by women by 2015, as set out in the original report by Lord Davies published in February 2011, FTSE100 companies need to appoint 66 more female directors in the next two years. The news has been welcomed by business leaders and politicians who have resisted efforts by the EU to impose mandatory female quotas. (more…)

RICS launches guidance for small businesses on managing property assets

by • Facilities management, News, Property

RICS launches guidance for small businesses on managing propertyProperty costs – such as business rates and rent – are one of the most significant expenses incurred by SMEs and failure to take professional advice on how to manage them can cost businesses thousands of pounds. RICS has launched a guide to help small businesses take better control of their finances through managing their property assets differently. The Small Business Property Guide, which is free of charge for business owners, covers all aspects of the property process. It has been endorsed by the Federation of Small Businesses, the British Retail Consortium and the Association of Town and City Management. The guide includes advice on; finding the right premises; business rates; tax allowances on property; and valuations.

Government unveils BIM initiative for SMEs as survey reveals small business concerns

by • Architecture, Facilities management, Property

BIM1The Cabinet Office has unveiled a new initiative which aims to promote the practice of Business Information Modelling (BIM) amongst smaller businesses in the UK construction industry. At the launch of the  Construction Industry Council’s dreadfully named BIM4SME forum, Cabinet Office Minister Chloe Smith reiterated the Government’s commitment to use BIM on all Government construction projects by 2016. However new research from the Institution of Structural Engineers has revealed the problems facing small businesses in using BIM, including the fact that two thirds think the Government stance on BIM makes it harder for them to win work and three quarters believe it presents them with major cost challenges.

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Businesses report a growing appetite for social media work tools

by • Flexible working, News, Technology

social-media

Social media, as politicians and celebrities are all too aware is a double edged sword. Just last week David Cameron read out a Twitter message during Prime Minister’s Questions sent to a Labour MP, who had asked people for suggestions about what to ask at PMQs. The first reply was “how happy are you that the Labour leader will still be in place at the next election?” And Cameron himself has not been exempt to the odd twitter gaffe. Social media is such a powerful tool however, that employers can’t afford to ignore it – so demand for enterprise social networks – business tools that use Facebook-style features to allow staff to interact with one another on work projects are on the increase. (more…)

When it comes to transparency, most businesses might fail The Peacock Test

by • Comment, Workplace

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The HR profession took a savaging yesterday in a Daily Telegraph article by Louisa Peacock following what many felt to be a disastrous appearance by the BBC’s head of HR, Lucy Adams in front of the Public Accounts Committee. You can see a brutal excerpt above. A thread of sensationalism runs through the Telegraph piece but some good points are made that have broader lessons for the commercial world. There have been acres of coverage generated by the debacle at the Beeb, but there is a real sense of “there but for the grace of God go I” and schadenfreude about much of the commentary and chatter from the business community.

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CBI calls on Government to incentivise businesses to invest in energy efficiency

by • Environment, Facilities management, Legal news, Property

carrot incentiveThe Confederation of British Industry (CBI) has published a new report calling on the Government to adopt a more streamlined and integrated approach to energy efficiency policies, including those relevant for the UK’s commercial buildings. The report also addresses a range of related benefits and obligations for companies to help them cut costs, manage risk and open up commercial opportunities. The report argues that energy efficiency has been neglected for too long, despite the fact that Government figures show a domestic industry that is growing at 4 percent a year, is worth £17.6bn in sales and supports 136,000 jobs.

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Conference goers can get on their bikes to hold business meetings

by • Environment, Facilities management, News

Conference delegates get on their bikes to make a presentationThe treadmill desk is designed to help workers fight the flab, now those attending business meetings and conferences at one hotel can keep fit while also helping to combat global warming. A “Pedal Power” trial at Qhotels’ Forest Pines Hotel and Golf Resort near Lincolnshire will require users to continuously pedal with a bicycle generator to convert 100 watts of energy, which powers enough electricity to charge a laptop – the equivalent to a gentle race up a hill. The initiative comes following a recent survey of QHotels’ delegates which found that 55 per cent deem environmental credentials important. The pedal power generator was deemed a simple and fun way to power a conference presentation – though whether those forced to do the cycling will agree is debatable. (more…)

UKIP quip that women not competitive enough for business obscures real debate

by • Comment, Legal news, News, Workplace

UKIP comment on women not competitive enough for business obscures real debate

The comment by UKIP treasurer Stuart Wheeler that women are not competitive enough to merit a place in the boardroom grabbed all of the headlines from an important debate on the introduction of gender quotas on City boards. The news broke on the same day that employment body the CIPD issued a warning that businesses will continue to lose talented female workers if they don’t offer them a better work-life balance.  With research showing that around half of female managers choose not to return to work following maternity leave, how far should employers be going to retain female talent and encourage workplace diversity, and does gender equality really require a legislative stick? (more…)

Shared rather than serviced offices could save businesses thousands

by • Company news, Facilities management, News

Office genie on savings in sharing office space

London desk renters could save almost £200 a month by choosing a shared office over a serviced office, according to new research. The Office Genie Price Index has revealed that the average desk in a shared office in London costs £335, while a desk in a serviced office was found to cost on average £513 per month; £178 more. This saving of 35 per cent on the price of a serviced desk makes shared offices an affordable alternative in the world’s most expensive city for office rental, where a single square foot of office space in London can cost up to £170.

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Mayor confirms £1billion China gateway business district in London

by • News, Property

Royal DocksLondon mayor Boris Johnson has confirmed the details of a £1bn investment in a new business district that will transform the Royal Docks into a 35 acre gateway project aimed primarily at firms from China and Asia looking to establish a business foothold in the UK and Europe. The site is intended to deliver more than 2.5m sq ft of office as well as retail and leisure facilities under the plans. Chinese owned developer ABP will work with Stanhope and architects Farrells with the first firms taking up occupancy in 2017. The Greater London Authority said the proposed development would create 20,000 full-time jobs, and inject £6bn into the UK economy, with £23m in business rates generated annually. No tenants are confirmed at this stage although the developers claim interest from Chinese banks is said to be high.

Flexible working boosts employee satisfaction and lowers business costs

by • Comment, Knowledge, Technology, Workplace

Working while commuting is on the increase survey finds

May 2013 played host to Work Wise Week, an initiative from Work Wise UK that aimed to promote and encourage smarter working practices to the benefit of businesses and employees. Cultural, economic and social changes are affecting attitudes to how we balance work and personal lives, and increasingly, mobility and technology is shifting away the need for the traditional 9-5 work patterns, replacing it with more flexible working practices. There are many benefits of flexible working and, as such, we are seeing more businesses starting to understand that forcing employees to work in an office does not guarantee productivity. (more…)

Planning consent given for Tower Bridge Business Complex

by • News, Property

london aerialWorkspace Group has announced that it has received planning consent for the mixed–use redevelopment of its property at the Tower Bridge Business Complex in South East London. The final development will offer 270,000 sq ft of existing business space and 60,000 sq ft of new business accommodation as well as 800 new residential units and a public park.  Jamie Hopkins, chief executive officer said: “There is strong demand for tailored business space in the area and it is our firm intention to increase the number of jobs on site in order to benefit the local community.  The development also provides a significant boost to both the capital value and rental income of the site.”

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