Search Results for: business

We all need to embrace the opportunities presented by BIM

contemporary-reception-desk-66059-2171731Described as ‘key to growth in the sector’ by chief construction adviser, Peter Hansford and increasingly recognised as a much more collaborative and efficient way of working, Building Information Modelling (BIM) continues to gather supporters from across the industry, yet there is a percentage of people who are still keeping their heads down and hoping it will all just go away. Maybe it’s the required element of investment or maybe it’s the small matter of change itself – always a difficult one for the construction industry – but there is still an amount of SMEs who are shrinking away from BIM, despite the fact that it is destined to become the established way.

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Three quarters of firms are now using or adopting BYOD practices

A new report by TechPro Research claims that just five years after it was first given the label, the practice of Bring Your Own Device (BYOD) is now so prevalent that nearly three quarters (74 percent) of organisations are either already using or planning to allow employees to bring their own devices to work. The report contrasts with past research into the uptake of BYOD to show how quickly the practice is developing and its implications for companies as a way of introducing new working practices and cutting costs (their own, natch) but also in the way they deal with the potential downsides relating to security and maintenance. The report also looks at the evolving role of the practice in light of new technologies such as wearable tech and the Internet of Things.

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City of London office market reaches the highest volume of lettings for 15 years

05Central London leasing activity hit the highest volume since 2007 last year, while the office market in the city reached its highest volume for 15 years. Take up of central London office space totalled 12.4 million sq ft, when 12.7 million sq ft was let; which is 15 per cent ahead of 2013 totals. According to the latest research by Cushman & Wakefield, while all areas of the capital saw an upturn in activity during 2014, the City of London market recorded the highest volume of lettings for 15 years, with 7.2 million sq ft of transactions completed compared to 7.4 million sq ft in 1998. West End lettings reached 4.0 million sq ft; on a par with the last peak in 2007.  Even Docklands saw take-up double in comparison to 2013 to exceed 1.0 million sq. ft for the first time since 2010; and the serviced office sector is thriving.

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Government should accept that self employment is the new normal for many

self employmentThe Government should develop more policies that meet the needs of the growing numbers of self-employed in the UK and across Europe. That is the message of a new report from think tank The Institute for Public Policy Research which points out that while 40 percent of the rise in job levels since 2010 has been in self-employment, the Government should accept this is not a blip but a structural change in the way many people work and develop appropriate policies to meet their needs. The report argues that self-employment is already the new normal for some 4 million UK workers and the Government should take steps to ensure their pensions, training and earnings are in step with the rest of the workforce.

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CIPD claims 2015 should be a ‘rollover year’ for workplace productivity

workplace productivityThe UK labour market will continue to expand at a strong rate in 2015 but there are unresolved issues relating to levels of pay and how best to increase workplace productivity to drive further growth, according to Mark Beatson, chief economist for the Chartered Institute of Personnel and Development (CIPD) in a new report. While the report argues that the ongoing economic recovery and improvements in the labour market are good news for jobseekers and good news for businesses, it also considers it unlikely that we’ll see any real increase in wage growth until 2016. The author also warns that the UK’s steady growth remains vulnerable to developments in Europe and that the UK’s ‘workplace productivity puzzle’ is an urgent issue for policy makers and businesses to address in order to sustain growth.

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Digital infrastructure boost will lead to urban brain drain, claims report

Country_MouseThe tap roots of the digital economy will not spread beneath the concrete of Tech City and other urban enclaves, but in the fertile soil of the UK countryside. That is the finding of a new briefing document from the Department for Environment, Food and Rural Affairs (Defra), which claims that rural areas are set to overtake towns and cities as the main driver of Britain’s digital economy. As a result of improvements in the country’s digital infrastructure and transport links as well as a changing relationship between firms, employees and contractors, there are now more people moving to the countryside from towns and cities than those moving in the opposite direction. The briefing suggests that by 2025, the rural economy will be worth an additional £35 billion and the productivity of rural areas could outstrip urban areas for the first time since the industrial revolution.

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Employers far more positive about flexible working, claims Government report

thumbs up flexible workingPositive attitudes towards flexible working are increasing amongst UK employers, according to a new survey from the Government. The latest edition of the Work–Life Balance Employer Survey, published by the Department for Business, Innovation and Skills, claims that over half (56 percent) of employers consider flexible working good for their business. The survey reports other major attitudinal shifts since the last edition was published in 2007, including the fact that the proportion of employers who agree with the statement ‘employees should not be able to change patterns if it disrupts the business’ has dropped from 73 percent  to just 49 percent. The survey of just over 2,000 employers also found that the adoption of one particular form of flexible working – job sharing – had decreased in the intervening period while most others had increased markedly.

Government report highlights radical potential of Internet of Things

Internet_of_ThingsAccording to a report published this week by the Government’s Chief Scientific Advisor, by taking the lead in developing the internet of things, the UK could transform the way the country lives and deliver huge benefits to the economy.  The internet of things – in which digital networks are connecting everyday objects so data can be shared – creates enormous opportunities for both the private sector and government. It also has the potential to be applied in many areas of everyday life, transforming the way we use energy, how we travel and maintain a healthy lifestyle. The number of connected devices could potentially reach up to 100 billion globally by 2020 and industry estimates also suggest that these technologies could have a global value of nearly £10 trillion by then.

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Revised plans approved for development of iconic BBC Television Centre

Revised plans for former BBC television centre buildings approvedNew office space aimed at occupiers in the creative sector is included in Stanhope and Mitsui Fudosan’s planned redevelopment of the former BBC Television Centre in west London. The London Borough of Hammersmith and Fulham have granted planning permission for the revised plans for the mixed use development of the iconic building; to include the demolition of the existing Stage 4 and 5 office buildings and their replacement with a more sustainable and efficient new ten storey office building with improved facades, designed by architects AHMM. A change in use from residential to commercial has also been approved for a new nine storey office building fronting Hammersmith Park on the site of the old BBC restaurant block, with an overall increase in office accommodation across the site from 350,000 sq ft to 519,000 sq ft.

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Many firms lack the trust, equipment and policies to offer flexible working

Businessman lieEven though many staff would forgo a wage increase if offered flexible working, a large number of employers still do not trust their employees to work flexibly, according to new research from Samsung. The survey of 2,000 employees and 200 business owners found that 28 percent of firms remain sceptical that employees are sufficiently trustworthy to work away from their main place of work and outside normal office hours. On a more positive note, over half (52 percent) of employers associate flexible working with greater productivity and more than a quarter of employees (27 percent) would prefer the chance to work flexibly than accept a pay rise. The report also raises serious questions about the preparedness of firms to offer flexible working, even if they believe in the idea, with many lacking the infrastructure and policies to allow them to do so.

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Only a third of staff trust their senior management, finds CIPD

Only a third of staff trust their senior management, finds CIPDThere is little evidence of improvement in the quality of management in the UK over the last decade – and it is one of the reasons behind the UK’s long-standing productivity weakness compared to the likes of the US and Germany. According to the CIPD report ‘Are UK organisations getting better at managing their people?’ while 65 percent of employees are generally satisfied with their line manager and largely trust them and value their honesty, only 33 percent say they trust their senior management. It found that management processes are not always applied consistently or fairly and this is one reason why there is a lack of trust in senior leadership. These are deep-rooted problems and the solutions are largely down to organisations, says the CIPD, which is urging the Government to consider ways in which it can raise awareness of the challenges and potential approaches to tackling them, not least in its capacity as an employer.

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Flexible working is best built on the foundations of a great office

flexible working loungeIt’s getting on for two years since Yahoo’s much talked about decision in 2013 to ban its staff from homeworking but, in many ways, the fallout has continued ever since. Certainly a lot of commentary on the subject refers back to CEO Marissa Mayer’s trend bucking decision. This can only be because it was a defining event in what is an enduring debate about where we work and what that means for a range of factors including our productivity, wellbeing, sense of belonging, access to information, the way we structure our time and our ability to communicate with and develop relationships with our fellow human beings. If those things were the same regardless of how and where we worked, there would be no discussion in the first place. But they do make a difference and there is a discussion.

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