Search Results for: business

MIT survey shows link between sustainability and profitability

money-grows-on-treesA report published today by the Massachusetts Institute of Technology (MIT) Sloan Management Review and The Boston Consulting Group has found that more than half of companies see a rise in profits when they embrace a more sustainable business model. In addition to the link between sustainability and profitability, the number of companies reporting a profit from their sustainability efforts rose 23 percent last year, to 37 percent of the total, according to the report entitled The Innovation Bottom Line. The survey of 2,600 managers and executives around the world, also found that nearly half of respondents said their companies had changed their business model as a result of sustainability opportunities.  (more…)

BBC unveils plans for development of Television Centre site

BBC_Television_CentreFollowing last year’s sale of its iconic Grade II listed West London Television Centre to developer Stanhope, the BBC has announced details of the future direction of the 14 acre site. The announcement comes as the BBC continues its programme of relocating staff and functions to Media City in Salford and the new Broadcasting House in Central London. Work will start in 2015 on a mixed use development which will include residual office and studio space for the BBC, offices, hotels, leisure facilities, some 1,000 new homes, parks and a hotel. However the listed buildings on the site, originally opened in 1960, will be retained. (more…)

Sit-stand chair on Ergonomics Design Award shortlist

muvman shortlisted

A sit-stand seat allowing workers more freedom of movement is amongst the designs shortlisted for the fourth IEHF Ergonomics Design Award. Other shortlisted entries include, a new type of protective hood, a mobile app and a 3D foot scanner. Said John Wood Executive Chairman of CCD Design and Ergonomics and chair of judges: “We’re very pleased to see the extensive range of projects that have again been entered for the award this year; it’s a sign of the continuing and growing recognition of the importance of ergonomics in society and business today.” (more…)

Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. (more…)

Teams perform better when bosses pick favourites

 Bosses favourites

Bosses should pick favourites if they want top performing teams, a new study from the University of British Columbia Sauder School of Business reveals. “Conventional wisdom tells us that we should treat everyone the same to create a collegial and productive work atmosphere,” says Sauder Professor Karl Aquino, who co-authored the forthcoming study for the Journal of Business Ethics. “But our research shows this can be a disincentive for workers who would otherwise go above and beyond on behalf of the team with a little bit of extra attention.” (more…)

Marked improvement in US energy efficiency

Energy use in US

The US is consuming energy considerably more efficiently and with lower emissions than just five years ago thanks to a slew of modern technologies that are changing decades-old patterns, according to a major new report compiled by Bloomberg New Energy Finance for the Business Council on Sustainable Energy. Energy Star-certified commercial building floor space has increased by 139% from 2008 to 2012, and the stringency of building air conditioning efficiency standards has increased by up to 34% since 2005. Overall, energy intensity for US commercial buildings has now dropped by more than 40% since 1980. (more…)

We shape the World’s cities, then they shape us

ChonggingThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

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A Field Guide to Workplace Terminology

As the ecosystem around the workplace industry grows ever more complex, so too does the language we use to describe it. In an attempt to bring order to chaos, guest writer Simon Heath presents here a glossary of terms, acronyms and abbreviations to help you navigate these linguistic waters. (For example Business Intelligence – A commonly used oxymoron.) For more of Simon’s worldly, wise and witty writing on all things work and workplace related, visit his blog at https://workmusing.wordpress.com.

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Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. (more…)

Employers overlook flexible working alternative to redundancy

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” (more…)

Plans to convert offices may undermine innovation and growth

Old Street roundabout regenerationWhatever they might think, Governments don’t have a natural propensity for joined up thinking. Nor do they have a natural affinity with small businesses, especially those that emerge in non-traditional sectors. Governments may like to claim they can display both of these noble values, but experience tells us different. One thing they are prone to, however, is a frequent ability to fall victim to unfortunate juxtapositions of complex events that throw their inherent weaknesses into sharp relief.

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Economic boost for UK builders with Green Deal launch

energy efficiency
The Green Deal launches today to help improve the energy efficiency of the UK’s built environment by enabling householders and businesses to secure the up-front capital to make energy efficiency improvements to their buildings. Refurbishing existing buildings to new standards and turning them into good green assets has recently been identified as one of the best bets for the property sector in the year ahead and today UK-Green Building Council’s Paul King said the launch of the energy efficiency scheme could help create jobs and stimulate economic activity.

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