February 5, 2020

AI will transform financial services in two years

by Jackie Le Poidevin • News, Technology

Nearly two-thirds of financial services leaders expect to be mass adopters of AI in two years compared to just 16 percent harnessing it today, a survey from the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) claims. This is despite fears around AI, with 58 percent of the 150 senior executives surveyed expecting it to worsen discrimination in the sector and the same number expecting privacy breaches to increase. (more…)

February 3, 2020

Mental health benefits of time in nature valued at £4.5 trillion globally

by Neil Franklin • News, Wellbeing

Time spent in the great outdoors is worth abour£4.5 trillion a year in the improved mental health of people, according to results published by a team of researchers from Griffith University’s School of Environment and Science, Centre for Work Organisation and Wellbeing, Environmental Futures Research Institute, Griffith Business School and School of Medicine. (more…)

January 29, 2020

Is your biggest competitor already working for you?

by Jackie Le Poidevin • News, Working culture

Employers worried about rivals poaching their staff should be looking closer to home to spot their next competitor, a new study has claimed. In a survey of 3,000 UK employees by Synergy Creative, nearly half (47 percent) said that they would love to be their own boss, raising the prospect of them setting up in competition to their existing employer. Of those intending to find a new job in 2020, a third said their ideal job is to work for themselves, compared to 25 percent who are looking to move to another company. (more…)

January 24, 2020

Changing world of work yet to reshape expectations of young people

by Neil Franklin • News

Huge changes to the world of work over the past two decades have made little impact on teenagers’ career expectations, which have become more concentrated in fewer occupations, according to a new OECD report. Dream jobs: Teenagers’ career aspirations and the future of wor k says 47 percent of boys and 53 percent of girls surveyed in 41 countries expect to work in one of just 10 popular jobs by age of 30. The figures, based on the latest PISA survey of 15-year-olds released last month, reveal a narrowing of expectations as these shares increased by eight percentage points for boys and four percentage points for girls since the 2000 PISA survey. (more…)

January 22, 2020

We might spot patterns in office design, but a global picture is beyond us

by Mark Eltringham • Comment, Facilities management, Workplace design

The ongoing evolution in the design of the places we work has much in common with evolution in the natural world. But whereas natural selection is dependent on its ‘Blind Watchmaker’ to indirectly shape creatures in response to the constantly changing forces in their environment own, office design is anything but blind – at least it is when done intelligently and with insight. (more…)

January 21, 2020

Demand for commercial property in London continues to put upward pressure on rent

by Neil Franklin • News, Property

Following sustained levels of leasing activity throughout the year, JLL has calculated that over 10.7m sq ft of office space in central London has been transacted so far in 2019 and with over 3m sq ft currently under offer, has suggested that take-up is on track to total 11.6 m sq ft at year-end – which is ahead of the 11.5m sq ft of space that was leased in 2018. Both the City and West End commercial property markets are expected to see take-up levels broadly echo last year’s totals. (more…)

January 20, 2020

Commercial property market will be shaped by climate change in 2020

by Neil Franklin • News, Property

The world’s commercial property markets will be defined this year by low interest rates, socially responsible investing, cautious optimism and climate change as well as six other factors according to Avison Young’s 2020 Forecast. The annual report series claims to provide perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others.

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January 16, 2020

Employers shift focus to wellbeing and employee benefits

by Jayne Smith • News, Wellbeing

New research from Aon claims that employers have increased their strategic focus on both emotional and financial wellbeing programmes, while physical wellbeing programmes have remained largely static. Aon’s UK Benefits & Trends 2020 Survey (registration) shows that 51 percent of employers now have financial wellbeing strategies in place, up from 21 percent three years ago, while 68 percent have emotional wellbeing strategies, up from 41 percent. These were the least developed pillars of employee wellbeing when Aon asked organisations in its 2017 UK Health Survey. (more…)

January 15, 2020

Disconnect between HR and finance is key to productivity puzzle

by Neil Franklin • News, Workplace

A continued disconnect between HR, Finance and business leaders is an important driver of the UK’s enduring low productivity levels, a new report claims. The research commissioned by OrgVue, claims that if better organisational planning was adopted by UK organisations, GDP could be boosted by £10.4 billion due to improved productivity. (more…)

January 15, 2020

Renewable energy should make up half of all supply by 2030

by Jayne Smith • Environment, News

The share of renewables in global power should more than double by 2030 as part of a ‘decade of action’ to advance global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from 26 per cent today. (more…)

January 14, 2020

The Fourth Industrial Revolution is upon us and we`re not ready for it

by Jamie Morgan • Comment, Technology

Cast your mind back a decade or so and consider how the future looked then. A public horizon of Obama-imbued “yes we can” and a high tide of hope and tolerance expressed in the London Olympics provides one narrative theme; underlying austerity-induced pressure another. Neither speaks directly to our current world of divisive partisan politics, toxic social media use, competing facts and readily believed fictions. (more…)

January 13, 2020

Other things being equal, this year will see the end of open plan and start of a four day week

by Mark Eltringham • Features

You’ll only get one prediction from me this year and that’s about how all of the other workplace predictions will be cut and paste jobs from the past three decades and more. If you want to take a cynical approach to the whole thing, you’ll find one from your humble servant here. Apart from that, if you only read one set of actual predictions for 2020 or even the Twenties (that’ll take some getting used to), then make it this from an author also jaded and burdened by too many glib pronouncements about work and workplaces in general and the annual parade of predictable predictions in particular. (more…)