Search Results for: economic

May 30, 2018

Australia is leading the world in the adoption of activity based working

by Max Luff • Comment, Flexible working, Workplace design

Over half of those employed in the banking sector in Australia now find themselves in agile and dynamic activity based workplaces. The banks have set the pace. The overall growth of the phenomenon has been exponential in the last 5 years, with sources suggesting two thirds of Australian organisations will have adopted Activity Based Working (ABW) by 2020. Furthermore, by looking at the number of Activity Based Working projects in the pipeline this move away from the 20th century office seems unstoppable. Despite global economic challenges the banking sector in Australia is particularly strong and stable, which contributes to the organisations’ ability to take a long term view. Alongside this robust financial picture we are also seeing a shift in purpose emerge, where the banks move away from a purely financial role to one where they embrace a sense of community and stewardship thus developing a broader contribution to society.

May 29, 2018

Drones could add £42 billion to UK GDP by 2030

by Mark Eltringham • News, Technology

Drone technology has the potential to increase UK GDP by £42 billion (or 2 percent) by 2030, according to new research from PwC. The research estimates there will be more than 76,000 drones in use across UK skies by 2030. More than a third of these (36 percent) could be utilised by the public sector (including in areas such as defence, health and education). The report claims that drone technology could help the UK achieve up to £16bn in net cost savings by 2030 through increased productivity. The technology, media and telecoms (TMT) sector stands to save the most by using drones, with a potential net saving of £4.8bn by 2030.

May 24, 2018

Gallery: WeWork announces the opening of its flagship location in India

by Mark Eltringham • Case studies, Coworking, News, Workplace design

WeWork has announced its first flagship Indian location in Bengaluru. WeWork Galaxy is located on the site of the former Galaxy Theatre, and features a rooftop terrace with a pool and gym in addition to a mix of shared and private offices, which are designed around a 5-storey communal atrium. Bengaluru is India’s tech capital and one of the country’s leading cultural and economic hubs and so WeWork see it as a perfect fit for their coworking model. Created by the in-house design team, the goal was to create a space that ‘felt open, yet communal and intimate for members and guests, by creating individual programming and design moments within the atrium space’.

May 17, 2018

What exactly is driving the global workplace conversation?

by Andrew Mawson • Comment, Facilities management, Workplace design

There is a growing body of research and understanding on the impact that working environments, workplace habits and culture have on people and broader business performance. The very best workplaces in the world – some of which will be on show at Workplace Week in New York next month – are changing our expectations around the look, function and purpose of office space. These workplaces are designed much like ecosystems – every inch designed with the comfort, wellbeing and productivity of the people who occupy them in mind. The new world of ‘workplace management’ is about designing and delivering multi-faceted, minute-by-minute, multi-sensory experiences that create an emotional response. It is about designing workplace experiences to deliver a specific mission. It encompasses thinking about journeys and destinations, the fusion of space, information, and services – and how these reflect organisational personality, support human effectiveness, and lure in talent. But, as those in the industry will be all too aware, this hasn’t always been the case. So, what’s to thank for this fresh approach to workplace design and management?

May 16, 2018

A 21st Century take on the idea of the time capsule that tells us something about the way we work

by Freddie Steele • Comment

Last December, National Geographic published a story about the discovery of one of the oldest known time capsules. It was concealed by a chaplain of the Cathedral of Burgo de Osma in Spain, in the buttocks of a statue of Jesus Christ. Hidden inside were some documents that detailed life in Spain in the late 18th Century, along with some thoughts on the political and religious systems of the time. Historians have concluded that this was one of the very first time capsules, given that the creator clearly intended it to be discovered at some point in the distant future. This has been the standard approach to time capsules for hundreds of years; a chance to leave behind some artefacts or thoughts for a future generation to learn about the past.

May 10, 2018

New framework aims to ensure facilities managers have the expertise to keep up with demand for services

by Neil Franklin • Facilities management, News

The Royal Institute of Chartered Surveyors (RICS) and the International Facility Management Association (IFMA) have created a new framework which sets out to provide strategic best practice advice and outline how facilities managers can make the most of their expertise to keep-up with the growing demand for FM services. The Strategic Facility Management (FM) Framework authored by Dave Wilson, FRICS, IFMA Fellow for the IFMA-RICS collaboration – sets out a more ‘holistic approach’ to planning the provision of FM, with best practice advice on how to achieve maximum value from a workplace, including gaining environmental benefits, improving productivity, whilst also protecting employees and consumers. The framework also sets out some of the key aspects of how and where facility managers can play a bigger, more valuable role in the corporate real estate decision-making process, including property acquisition and disposal.

May 9, 2018

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

by Neil Franklin • Facilities management, News, Technology, Workplace design

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

May 4, 2018

The workplace week in seven stories you should read

by Mark Eltringham • Features, Technology, Workplace, Workplace design

The need to work less is a matter of life and death

House-hunters resort to commercial property in Madrid

The return of the traditional workplace for tech firms?

Ten million British jobs could be gone in 15 years and no one knows what happens next.

Embracing technology to move facilities management forward

Tiny robots will deliver your lunch, because we hate human interaction

The lapsing of Finland’s universal basic income trial (registration)

May 4, 2018

Digital media overload as over half of workers unable to find information easily

by Sara Bean • Facilities management, News, Technology, Workplace

Over half of UK workers (57 percent), are regularly experiencing an inability to locate information easily across a range of digital media, including emails, apps, messages and the internet, a new survey claims. The survey conducted via YouGov, for Evernote, also revealed that 87 percent of digital workers use up to four devices such as a smartphone, tablet, laptop, desktop, and/or a smart watch on a daily basis to access information. The majority (83 percent) of people use at least one app a day to source information. 31 percent of workers are accessing between five to nine apps per day and 18 percent are utilising over 10 apps a day. However, when it comes to face to face communications rather than digital, respondents were much more positive, with nearly half of those asked (45 percent) expressing that they felt they had the right number of meetings at work, and just 16 percent of those saying they feel their work day is filled with too many meetings.

May 1, 2018

Quarter of UK managers would take a pay cut for a job with a clear purpose beyond profit

by Sara Bean • News, Wellbeing, Workplace

More than a quarter of managers (27 percent) in British companies would likely accept a salary cut to work for a company that has a clear purpose beyond profit a new report claims. A third (32 percent) would actually consider leaving their job if a greater purpose was unclear, while more than half (53 percent) would if their company’s values and purpose didn’t align with their own. The YouGov survey, commissioned by Danone UK, highlights the importance of having a defined company purpose that marries commercial success with social progress. The findings support a new report by not-for-profit think tank Tomorrow’s Company and Danone UK, that explores the importance of having a purpose beyond profit in helping companies to prosper in the face of workplace challenges created by an uncertain world. The Courage of their Convictions is built from interviews with senior leaders from within some of the UK’s biggest purpose-driven brands, including Danone, John Lewis, Mars, Philips, Tata Consultancy Services and Unilever.

April 30, 2018

Number of working mothers rise by a half in under forty years, claims study

by Mark Eltringham • Flexible working, News

The past four decades have seen a transformation of the UK’s jobs market and society marked in particular by a decline of the traditional single-earner couple driven mostly by the mothers of young children and partners of higher-earning men. More than three quarters of women aged 25-54 in the UK are in paid work, reaching a record high of 78 percent in 2017. In contrast, fewer than 60 percent were in paid work in the mid-1970s. New analysis by IFS researchers, funded by the Economic and Social Research Council (ESRC), looks at changes in women’s working patterns over the last four decades. It claims that these big social and economic changes are in large part driven by working mothers. In the mid-1970s nearly half of couples with dependent children had just one adult in paid work; that proportion now stands at just 27 percent. The increase in maternal employment has been concentrated among those with children of pre-school or primary-school age, and also among the partners of relatively high-earning men.

April 25, 2018

Report sets out business case for health and wellbeing in green buildings

by Mark Eltringham • Architecture, Environment, Facilities management, News

The World Green Building Council has launched a new report highlighting what it suggests are the tangible economic benefits of green buildings and the improved levels of occupant satisfaction when companies implement new health, wellbeing and productivity features in existing green structures. Doing Right by Planet and People: The Business Case for Health and Wellbeing in Green Building presents case studies of 11 facilities around the globe that have one or more green certifications including LEED, Green Star and BREEAM. The report evaluates health and wellbeing features that were integrated into the facilities, such as enhanced fresh air ventilation, acoustic privacy, increase of daylight penetration and use of biophilic design elements such as green walls and extensive indoor plants.