Search Results for: business

Condeco and iOffice + SpaceIQ announce merger

Condeco and iOffice + SpaceIQ announce merger

Investment firm Thoma Bravo has announced the merger of Condeco, a provider of workspace scheduling software with workplace and asset management firm iOffice + SpaceIQ to create a new business called Eptura. The firm claims that the “strategic combination creates a global worktech leader that provides software solutions to power the modern workplace”. The merger follows previously announced investments in Condeco and iOffice + SpaceIQ by Thoma Bravo and JMI Equity, who will remain the primary investors in Eptura. Terms of the transaction have not been disclosed. (more…)

Three quarters of people admit to turning off webcam to hide what they’re doing

Three quarters of people admit to turning off webcam to hide what they’re doing

An owl camouflaged against a tree as a metaphor for hiding on webcam meetingsA new poll from Showpad, claims that three quarters of ‘office workers’ in the UK (76 percent) admit to turning off their webcam on video calls to hide what they are doing. The figure for workers under 24 rises to 85 percent. According to the State of Selling study, concentration on video calls when working from home appears to be one of the main issues with 80 percent saying they are more easily distracted in virtual meetings compared to real-world ones, with over half (52 percent) saying they have an attention span of less than half an hour in virtual meetings. (more…)

Reliance on hero leaders holds back progress on the environment

Reliance on hero leaders holds back progress on the environment

Reliance on a wise ‘guru’ leader or ‘hero CEO’ endangers progress in tackling the environmental crisis by shifting responsibility, according to a new report from CEMS. Instead, all leaders need to adopt a corporate culture of ‘collective’ responsibility, empowering all employees to make decisions with a generational outlook if real change is to take place.  The new report – Leading for the Future of Our Planet – builds on findings from a CEMS survey of 4,206 professionals across 75 countries revealing that the environment is the single greatest concern facing modern-day business leaders, overtaking technological advancement. (more…)

Corporate change forces managers to juggle different views of fairness

Corporate change forces managers to juggle different views of fairness

corporate changeMiddle managers get caught between different stakeholders’ perceptions of fair treatment in reaction to corporate change programmes, claims new research from Aalto University School of Business and published in the Journal of Business Ethics. According to Associate Professor Marjo-Riitta Diehl, from the Department of Management Studies, and her co-authors, these managers can often experience uncertainty, anxiety, and reluctance to take action as a result. The research was based on two rounds of interviews with managers in the German branch of an international company shortly before and after restructuring changes. (more…)

Skills shortages won’t be solved by offering people more money

Skills shortages won’t be solved by offering people more money

skills shortagesAs businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle on-going skills shortages. While an increasing number of organisations (54 percent) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible working and promoting career development opportunities. For instance, the latest Resourcing and Talent Planning survey shows that 68 percent of employers that offer hybrid/ remote working say it has allowed their organisation to attract and retain more talent.  (more…)

The Great Workplace Debate continues to improve (mostly)

The Great Workplace Debate continues to improve (mostly)

The great bandwagon of bullshit that is the home v office debate looks set to trundle into a third year. What is increasingly obvious is that it is the mainstream media that is holding the reins and refusing to release them. Here’s a BBC story from this week that doesn’t exactly mischaracterise the Microsoft report on which it is based, but does place the emphasis where it doesn’t need to be. The binary headline doesn’t help, of course, except to launder the idea and drive a needless wave of social media chatter. (more…)

TOG and Fora complete merger to create new flexible workspace giant

TOG and Fora complete merger to create new flexible workspace giant

flexible workspaceFollowing approval from the Competition and Markets Authority (CMA), TOG and Fora are proud to announce the completion of their merger, bringing together two highly complementary businesses with similar cultures and portfolios of high-quality, design-led workspaces. The merged business (the ‘Group’) will operate under a parent company called The Office Group with both the TOG and Fora brands retained until a full brand review is completed. The Group has plans to create the premier flexible workspace group in London and other key European cities and is well positioned to draw on the expertise and scale of both companies. (more…)

Digital twin in Birmingham will drive innovation and clean energy in the city

Digital twin in Birmingham will drive innovation and clean energy in the city

digital twin birminghamA digital twin that can comprehensively model and test pathways to clean energy and net zero emissions in East Birmingham is being planned in a partnership between the University of Birmingham, Birmingham City Council and Siemens. A feasibility study has been commissioned which demonstrates how a virtual representation of the energy and transport infrastructure within East Birmingham and Tyseley Environmental Enterprise District (TEED) will help to outline pathways for decarbonisation. (more…)

What effect will the Employment Bill have on hybrid working?

What effect will the Employment Bill have on hybrid working?

hybrid workingThe long-awaited Employment Bill may be published later this year. The draft Bill, first introduced in the Queen’s speech in 2019, was put on hold and repeatedly delayed due to the impact of COVID-19. There is some confusion around what the change to flexible working will entail should the Employment Bill come into force. In the Queen’s speech, as set out in the Conservative’s manifesto earlier that year, it was announced that the proposal was to make flexible working the default position unless an employer had a ‘good reason’ not to allow it. This proposal would have been a radical change in favour of employees as flexible working would become an automatic right – thereby weakening an employer’s ability to push back on hybrid working requests. (more…)

Working from home is a double-edged sword, according to UK workers

Working from home is a double-edged sword, according to UK workers

working from homeA new poll from SD Worx claims that while 72 percent of British workers think working from home offers a better chance of improving their work-life balance, they have concerns about wellbeing and working culture. Based on data from over 4,000 companies in the UK and across Europe, the findings suggestthat the appetite for working from home (WFH) in the UK (72 percent) is creeping ahead of mainland Europe (66 percent). (more…)

Getting working culture right is essential to hiring, supporting and retaining workers

Getting working culture right is essential to hiring, supporting and retaining workers

working cultureAs workers continue to adjust workstyles to fit with their new priorities, a PwC survey reveals nearly two-thirds of workers are on the hunt for a new job. Many employers are scrambling for strategies to attract top talent and retain their employees. But actively developing working culture and designing new ways to secure the best talent and look after it requires first listening and reacting to the impact the changing work landscape is having on employees’ mental and physical health, as well as understanding and prioritising new and sought-after benefits. (more…)

Demand for sustainable commercial property rises modestly, but supply side still falls short

Demand for sustainable commercial property rises modestly, but supply side still falls short

sustainable commercial propertyProgress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. (more…)