Search Results for: economic

Consolidation of state properties boosts London economy by £3.5bn

by • Property, Public Sector

Whitehall,_LondonAccording to a new report from property consultancy Knight Frank into the impact of the Government’s policy of consolidating and improving the management of the public sector estate in London, the economy has been boosted by as much as £3.5 billion. The study has reviewed the results of the work carried out by the Cabinet Office’s Efficiency and Reform Group at 16 properties in central London including the Department for Business, Innovation and Skills, the Department for International Development, the Land Registry and the Crown Prosecution Service. Many of these sites were seen as dated and have now been redeveloped for use by other organisations. (more…)

MIT survey shows link between sustainability and profitability

by • Environment, Knowledge

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…)

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

by • Architecture, Environment, Knowledge, Property

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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Employers overlook flexible working alternative to redundancy

by • News, Workplace

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…)

Global 100 green companies announced during Davos

by • Environment, News

Global 100The top-ranked company in the Global 100 list of the world’s most sustainable corporations is Umicore, a Belgium-based materials technology and recycling company. The rest of the top five announced recently at the World Economic Forum in Davos, Switzerland, were Natura Cosmeticos, Statoil, Neste Oil and Novo Nordisk. Hailed recently as the world’s most credible corporate sustainability ranking, the Global 100 is compiled by Toronto-based media and investment research company Corporate Knights, and consists of the 100 top-performing stocks worldwide on a range of sector-specific ‘sustainability’ metrics.

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Innovation needed to catapult UK to technology success

by • News, Technology

Catapult centre

The government must scale up the UK’s new programme of technology and innovation centres – Catapults – by 50% to 100%, the Big Innovation Centre will announce at a meeting at the House of Lords today. Will Hutton, chair of the Big Innovation Centre at the Work Foundation warned: “Catapults are desperately needed and important new institutions that could allow the UK to reproduce German success in 21st century industrial sectors and services. Yet the Catapult programme needs to be bigger and bolder in its scope, aims and resources if their potential as convenors, catalysts, risk-mitigators and horizon scanners is to be fully exploited.”

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Report reveals wider impact than ROI for wellness programmes

by • News, Technology, Workplace

Workplace wellness edit

The Return on Investment of workplace wellness programmes goes way beyond cost savings a major new report reveals. Making the Right Investment: Employee Health and the Power of Metrics found smoking cessation incentives help increase productivity, nutrition and exercise drives and centralised programmes which utilise the latest technology leads to increased employee engagement which helps reduce staff turnover. Said Klaus Schwab, Founder and Executive Chairman World Economic Forum “Over 50% of the working population spend the majority of their time at work, so the workplace provides a unique opportunity to raise awareness, as well as guide and incentivise individuals to develop healthier behaviours.” (more…)

A train that symbolises the clash of old and new ways of work

by • Comment, Technology, Workplace, Workplace design

Today we’ll all be hearing a lot more about the plans for HS2, the Government’s flagship construction project and all-round Keynesian boot in the pants for the UK economy. Most of what will pass for debate will involve some light class warfare about the route through Tory constituencies, seasoned with a dash of NIMBYism, some chest beating from Labour who started the whole thing but can’t be seen to support it fully and various other bits of pointless to-ing and fro-ing. But what is most remarkable about the scheme as far as Insight is concerned, is how its business case completely and deliberately ignores the way we work. (more…)

Cost cutting measures are on the agenda, but may prove risky

by • Knowledge, News

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   (more…)

Mixed response to Government office conversion plans

by • Architecture, News, Property, Public Sector

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  (more…)

Happiness levels in UK workplaces growing, says Government.

by • Knowledge, News, Public Sector, Workplace

smiley faceThe general level of satisfaction in the UK’s workplaces has increased significantly in spite of ongoing economic uncertainty according to a report from the Government published yesterday. The study of more than 21,000 employees, found that job satisfaction levels actually increased in 2012 with a fifth (20 per cent) of employees either ‘satisfied’ or ‘very satisfied’ with all aspects of their job, compared to just 16 per cent in 2004 when the survey last appeared. The report also showed that levels of commitment to individual employers had also increased over the same period, with the proportion of employees who said they shared the values of their organisation up from 55 per cent to 65 per cent. (more…)

Designing for productivity means creating space for us to be alone

by • Facilities management, Furniture, Knowledge, Workplace design

WilkhahnOn the face of it, the case for working in open plan offices is clear cut. Not only are they  more conducive to collaborative work and less bound by ideas of that great no-no that we used to call ‘status’, the economic case is seemingly open and shut. Open plan workstations not only take up around half the space of cellular offices, the fit-out costs are typically 25 per cent lower. And yet there are clear signs of a backlash, at least to the idea of them fostering collaborative work.

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