March 21, 2022

Small business focussed more on measuring productivity in new era of work

by Jayne Smith • News, Technology, Workplace

A new report from Be the Business, tracking business performance and management capabilities has found business leaders are positioning themselves to improve productivity levels, including increased adoption of e-commerce, and greater emphasis on measuring business performance and strategic planning. The Productive Business Index (PBI) is derived from a survey of over 1,000 directors of companies with 2-249 employees. The PBI features a headline number, indicating the overall health of businesses, and sub-indices which provide insight on key productivity drivers such as management skills; technology adoption; training and HR; operating efficiency; and innovation. More →

March 21, 2022

Remote work one of the emergency measures that could cut energy use, says IEA

by Neil Franklin • Environment, Flexible working, News

In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine, practical actions by governments and citizens in advanced economies and beyond can achieve significant reductions in oil demand in a matter of months, reducing the risk of a major supply crunch, according to new analysis released by the International Energy Agency. These efforts, including the uptake of remote work, would reduce the pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand towards a more sustainable pathway, the IEA claims.

March 17, 2022

Levelling up agenda failing to address city imbalances

by Neil Franklin • Cities, News

The UK’s smaller towns and cities are expected to show stronger economic growth than those that are larger and more metropolitan and there is an increased focus from the public on wellbeing, the environment and income distribution, according to PwC’s annual Good Growth for Cities report. Areas such as Bournemouth, Exeter and Plymouth, are expected to see the strongest gross value added (GVA) growth rates for 2021 and 2022, with cities in the North and Midlands continuing to lag behind despite the Government’s ‘levelling up’ agenda. More →

March 15, 2022

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

by Neil Franklin • Environment, News, Property

In the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. More →

March 8, 2022

Active commuting should be part of ESG strategy, says BCO

by Neil Franklin • News, Property, Wellbeing

Putting active commuting at the heart of ESG policies can shift commuters towards more sustainable forms of travel, improve individual health and wellbeing and help companies cut carbon emissions, new research from the British Council for Offices (BCO) has found. A new BCO research report, The Market Cycles II examines the rise of cycling in the UK over the past five years and its impact on office specifications. The report highlights that this period has seen an increase in cycling activity in the UK, with a particularly sharp rise in the past two years as the COVID-19 pandemic has caused a shift in travel habits, and a rise in active commuting. More →

March 7, 2022

Working outside ‘traditional hours’ can harm motivation, say researchers

by Jayne Smith • Flexible working, News, Wellbeing

Working outside traditional hours, and checking in at all hours of the day, night, weekends, and holidays, is not necessarily beneficial for the 21st-century workforce, according to new research from the London School of Economics and Political Science (LSE) and Cornell University. The researchers address the issue of working ‘out of hours’ in the paper, “Working During Non-Standard Work Time Undermines Intrinsic Motivation,” published in Organizational Behavior and Human Decision Processes. They set out to examine the motivational consequences of studying and working outside of traditional hours, such as weekends and holidays, among employees and college students. More →

March 3, 2022

The nature of work has changed permanently for many people, new report claims

by Neil Franklin • Flexible working, News

The pandemic has changed the nature of work, which offers opportunities for organisations to adopt more considerate and efficient work practices as offices reopen. The latest study to come to this conclusion has been published by the University of Southampton and funded by the Economic & Social Research Council (ESRC). The research considered the longer-term implications of working from home and which new working practices should remain and be encouraged. Its findings offer lessons from lockdown that will guide organisations as they seek to make hybrid working a success. More →

February 24, 2022

Building workplace resilience in a changing environment

by Jennifer Bryan • Business, Features, Flexible working, JB, Workplace

For decades, it has been agreed that change is a constant. So, doesn’t it stand to reason that before a change or crisis happens, an organization should have the ability and resilience to transform? In the McKinsey report, The resilience imperative: Succeeding in uncertain times, resilience is defined as, “the ability to withstand unpredictable threat or change and then to emerge stronger.” In other words, it is the ability to sustain and endure. And it applies just as much to workplace resilience as any other element of the organisation. More →

February 23, 2022

Flexible working takes a back seat to salary as inflation bites

by Neil Franklin • Flexible working, Jobs, News, Workplace

Salary is now the most important factor (40 percent) for those looking to make a move as cost-of-living crisis squeezes budgets, claims a new survey from Michael Page. In a week in which UK wage growth was shown to still lag behind the cost of living, the poll suggests that salary is now the number one priority for workers, with flexible working seen as less important. The survey of 2,000 UK office workers claims that over a quarter (28 percent) are currently on the hunt for a new job, rising to 43 percent among those aged 18-34. This points to hopeful times ahead for businesses seeking talent, with recent ONS figures showing that open job vacancies hit a record 1.3m between November and January. More →

February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

February 14, 2022

The Great Resignation will cast a long spell

by Mark Eltringham • Comment, Flexible working, Wellbeing, Workplace design

The writer Alan Moore believes in magic. Not hocus-pocus magic, double double toil and trouble, but in the power of words and art to change reality and bring things into existence. It’s a compelling idea, one that Moore shares with Picasso amongst others, and the evidence for it in its metaphorical sense is all around. More →

February 14, 2022

New RICS framework aims to “put people at heart of commercial property”

by Neil Franklin • Flexible working, News, Property

A new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. More →