Search Results for: economic

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

by • News, Technology, Workplace, Workplace design

Only half of UK employees consider their organisations to be effective at creating a positive work environment and only two fifths consider their employer to be effective at creating meaningful work. With 84 percent of workers stating that employee engagement and productivity are linked and 68 percent say their organisations do not measure the correlation between employee engagement and productivity – suggests UK business leaders need to think differently to prevent productivity slumps. The findings are from the Deloitte Human Capital Trends 2019 survey, which tracks the top trends shaping the agenda for HR and business leaders both in the UK and globally. Employee experience, leadership and learning, respectively, led this year’s top 10 UK trends.

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Governments must do more to prepare people for the future of work

Governments must do more to prepare people for the future of work

by • News, Technology

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD which explores the future of work. Without rapid action, many people, particularly the low skilled, will be left behind in the fast-changing world of work. The OECD Employment Outlook 2019 is part of the OECD’s Future of Work initiative and the “I am the Future of Work” campaign, which aims to make the future of work better for all, helping to transform learning and social protection systems and reduce inequalities between people and across regions.

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Emerging megacities will outperform developed megacities by 2025

by • News

As urban world is moving towards the developing world, GlobalData, a data and analytics company, forecasts that 88 percent of the world megacities will be based in the developing economies of Asia, Europe & Central Asia, Latin America and Middle East & Africa by 2025. Out of 44 megacities in the developing world, GlobalData has identified 26 that will outperform developed cities by 2025. The company forecasts that the share of emerging cities to the world’s gross domestic product (GDP) will increase from 7.2 percent in 2018 to 8.3 percent in 2025 while the share of developed cities to the world GDP will decline from 8.1 percent to 6.8 percent during the period.

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MPs to investigate impact of placemaking and built environment on productivity

MPs to investigate impact of placemaking and built environment on productivity

by • Cities, News, Property, Workplace design

The All Party Parliamentary Group on Building Communities is calling for evidence and contributions from all organisations with an interest in the built and natural environment to contribute to its new consultation, which aims to explore how placemaking can lead to greater productivity in the UK. As part of its remit, the APPG seeks to conduct research on the concept of ‘placemaking’ and investigate design practices that maximise the social value of infrastructure. In this way the APPG hopes to build an evidence base that can be used by policy makers when engaging with the build and natural environment.

 

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The flexible solution to workplace loneliness

The flexible solution to workplace loneliness

by • Comment, Flexible working, Wellbeing, Workplace design

For years, the word ‘office’ would doubtless conjure images of the traditional individual cubicle. However, times have changed, and where the cubicle once ruled the roost, a flexible working revolution is already disrupting the office market and reshaping the world of work.

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London leads Siemens Atlas of Digitalization as most digitally ready global city

London leads Siemens Atlas of Digitalization as most digitally ready global city

by • Cities, News, Technology

Digitalization of citiesSiemens has launched a new web-based application which reveals the readiness and potential of six major cities to embrace digitalization and develop new ways of living, working and interacting. The Atlas of Digitalization is based around the interconnected themes of Expo 2020 Dubai – Mobility, Sustainability and Opportunity – and assesses how the fourth industrial revolution has already impacted urban life around the world, and the potential it could have in the future. (more…)

Bristol has lowest Grade A office vacancy rate among UK largest cities

Bristol has lowest Grade A office vacancy rate among UK largest cities

by • News, Property

Bristol has the lowest vacancy rate for Grade A offices amongst the UK’s leading Big 6 cities, reflecting strong demand combined with a shortage of high quality commercial space, according to new figures published by property consultants JLL.  Although the city and region’s reputation for talent and innovation has so far countered the shortage of space, with inward investors citing access to a highly skilled, graduate workforce as one of the main reasons for relocation, JLL is warning that more needs to be done to ensure Bristol continues to attract investment. (more…)

UK architectural firm claims global sustainability first

UK architectural firm claims global sustainability first

by • Environment, News

UK-based Bennetts Associates is the first architecture practice in the world to achieve approved Science Based Targets and commit to the UN’s Climate Neutral Now campaign. This commitment builds on the practice’s track record of sustainability within the built environment by taking a leadership position on climate change.

Climate Neutral Now is an initiative launched by the UN Climate Change in 2015 to encourage and support all levels of society to take climate action to achieve a climate neutral world by mid-century, as enshrined in the Paris Agreement. The scheme requires companies to measure and offset carbon footprints across three elements of the business. (more…)

Commercial property investors underestimate risks of climate change

Commercial property investors underestimate risks of climate change

by • Environment, News

Melting ice showing climate changeInvestors in commercial property are underestimating the risks associated with climate change, including more frequent and intense extreme weather events, and need to rethink their assessment of asset vulnerabilities, according to a new report from the BlackRock Investment Institute.

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Brexit, Brits and blending: what MIPIM told us about the state of corporate real estate

Brexit, Brits and blending: what MIPIM told us about the state of corporate real estate

by • Comment, Property

Man watching fireworks display in MIPIM, CannesMIPIM celebrated its 30th anniversary during uncertain political and economic times, yet the mood was positive and even the backdrop of an impending Brexit decision failed to derail the UK contingent. However, the one thing missing from MIPIM in 2019 was British politicians. They were all back home, participating in decisive votes in the House of Commons as Parliament continued to kick the Brexit can down the road.

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Digital inclusion empowers women but does not lead to better jobs

Digital inclusion empowers women but does not lead to better jobs

by • News, Technology, Workplace

A woman in a pair of smart glassesAll European regulatory frameworks cite technology as a key factor in promoting competitiveness and innovation, and right alongside it is its greatest tool, the population’s digital inclusion. Digital inclusion makes it possible to develop human capital able to adapt to labour market challenges and contributes to ensuring equal opportunities in terms of accessing online resources related to work, education and social participation. Is this inclusion, however, sufficient in itself to ensure improved economic status and equality? According to the results of a study produced by Lídia Arroyo, a researcher at the Universitat Oberta de Catalunya IN3 GenTIC research group, the answer is no. (more…)

People, not cost now most important factor behind corporate real estate decisions

People, not cost now most important factor behind corporate real estate decisions

by • Facilities management, News, Property

One Creechurch PlaceThe corporate appetite for flexible space continues to grow as around two-thirds of occupiers rank employee engagement (68 percent) and talent attraction & development (65 percent) as two of the three most important drivers of corporate real estate (CRE) strategy. According to the 2019 EMEA Occupier Survey by CBRE over a third of companies see labour and skills shortages as a key strategic challenge, double last year’s result. In line with last year’s survey, technology disruption (36 percent) economic uncertainty (43 percent) and cost escalation (31 percent) all feature highly as key challenges for occupiers.

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