Search Results for: economy

June 1, 2015

Association hook-up aims to ‘kick-start the future of facilities management’

by Mark Eltringham • Facilities management, News, Property

The Chartered Institution of Building Services Engineers (CIBSE) Facilities Management Group has signed new cooperation agreements with the Building Controls Industry Association (BCIA) and the Building Futures Group as it seeks to ‘kick-start the future of facilities management’ in the UK. The three organisations plan to work together to promote best practice. According to CIBSE its agreement with the BCIA will focus on raising awareness of how building controls can help buildings perform better while its agreement with the Building Futures Group will set out to promote best practice in building services management and maintenance. The three groups signed the agreements last week, which will also see them working together on a number of supporting initiatives and joint events. The partner organisations claim the agreements are a response to the rapid pace of change in the sector.

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May 29, 2015

Everything you wanted to know about open plan but were too distracted to ask

by Maciej Markowski • Comment, Facilities management, Work&Place, Workplace design

There is a lively and ongoing debate on whether open plan offices are a good or bad thing. Many articles would suggest that they routinely diminish productivity. Yes, the open plan office is not ideal for privacy and probably bad for conceptual focused work, but it’s a bit like saying a hammer is useless when you need to tighten a screw. The point is you don’t use it for that. Fans of open plan often underline how fantastic it is for building a sense of belonging, team spirit and ad hoc collaboration, often ignoring the challenges of working there. The point I’m making is that introducing open plan into your office is probably a good idea, but you really need to make sure that you provide your employees with a menu of settings which allow them to concentrate, have ad hoc meetings without disturbing their colleagues and provide some privacy for confidential conversations.

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May 28, 2015

It’s perfectly logical why we should apply emotion in workplace design

by Dan Callegari • Comment, Wellbeing, Workplace, Workplace design

Most of the arguments put forward for enlightened workplace design are fact based. That’s useful but such arguments can also ignore the fact that we respond to our surroundings on an emotional level as well as a functional one. Once you accept that office design is as much about how it makes people feel as how it helps them work, then the design process can be as much about EQ as it is IQ. While businesses can shy away from dealing with the emotional facets of working lives, there is a growing movement that advocates not only greater awareness of the importance of emotional intelligence but is also able to draw attention to the benefits it brings to organisations and individuals. This was the underlying message of a groundbreaking event that took place in London recently which explored the use of emotion in a business context.

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May 28, 2015

Public sector lacks skills and confidence to buy more from smaller companies

by Mark Eltringham • Facilities management, News, Public Sector

A new survey from techUK, the trade association that represents technology companies in the UK, claims that while civil servants see IT as key to delivering their mission, they don’t think their departments have the right skills and culture to enable digital transformation of public services. This extends to the way goods and services are procured with particular consequences for smaller suppliers. Of the 929 Civil Servants surveyed for the study, less than 1 percent of respondents see IT as an overhead, while over three quarters believe it to be a necessity. However, there remain significant barriers to technology adoption. Over three quarter (68 percent) claim that having the right skills internally is critical to improving the procurement process; but only 20 percent agree their department has the skills and capabilities to manage suppliers.

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May 24, 2015

More intensive space use is helping to drive down office costs worldwide

by Mark Eltringham • News, Property, Workplace design

Office costs are falling worldwide, in part because occupiers are using space more intensively, according to the latest Office Thermometer report from commercial property firm DTZ. The report found that the West End of London has comfortably retained its position as the world’s most expensive location. The average annual cost of a workstation in the area is $29,000 (about £19,000), fully a third higher than second placed New York. The report found that office costs continue to fall significantly in most regions, nearly 4 percent overall on average, although there were increases in fast growing local markets, especially in the Middle East. According to the study, more intensive use of office space by occupiers, an appreciating US dollar, weak economic growth in Europe and significant new supply in emerging markets have combined to cut costs worldwide.

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May 17, 2015

The complete Work&Place archive is now available for you online

by Mark Eltringham • Architecture, Facilities management, Premium Content, Property, Technology, Work&Place, Workplace design

The complete Work&Place archive is now available for you online, with each issue in two formats. PDF and digital editions offer you a choice of how to access the thoughts of some of the world’s greatest practitioners and writers on workplaces, commercial property, urbanisation, technology and all of the key forces driving developments in the built environment. Each of the issues so far also offers you an international perspective which means not only do they offer an insight into the forces that shape workplace thinking worldwide, they also create a unique perspective on how national approaches are shaped by local forces related to legislation, the economy, environment, culture and business practice. Work&Place is now published quarterly with the next issue set for July 2015. It will continue to create an era defining body of work about the rapidly changing world of work and workplaces.

May 12, 2015

Commuting costs the UK £148 billion annually, claims new report

by Mark Eltringham • Flexible working, News, Workplace

In spite of the growth of flexible working in the UK, commuting to an office each day costs British workers and the national economy some £148 billion annually. That is the key finding of a new report from recruitment firm Randstad. The study claims that an average commute for staff in the UK covers around 22 miles, taking around 43 minutes. The report claims that the time spent commuting continues to increase as people move further away from their main place of work, especially in the South East and North West of England. London workers – unsurprisingly – spend more than anybody else on commuting. There are also major differences across sectors with the workers in financial services, accountancy and IT industries subject to the most costly commutes.

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May 8, 2015

Cautious welcome by IoD to plans for a Digital Single Market across Europe

by Sara Bean • Legal news, News, Technology

The Institute of Directors has given a cautious welcome to the plans announced by the European Commission this week to create a Digital Single Market across Europe. At present, online barriers means businesses are not fully benefitting from digital tools; there is less opportunity for cross border selling and Internet companies and start-ups are unable to take full advantage of growth opportunities online. The aim of the Digital Single Market is to remove regulatory walls and eventually move from 28 national markets to a single one. According to the European Commission, a fully functional Digital Single Market could contribute €415 billion per year to the economy and create hundreds of thousands of new jobs.

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May 6, 2015

TfL to occupy first commercial property at International Quarter

by Sara Bean • Architecture, Company news, News, Property

Construction is to begin this summer on the first of a number of office buildings planned for the second stage of the International Quarter, a £2.1 billion mixed-use development in Stratford in East London. Transport for London (TfL) has signed a pre-let with Lend Lease and London and Continental Railways (LCR) to occupy all of the space in the 265,000 sq ft commercial property. An estimated 3,000 TfL workers will relocate to the International Quarter’s new offices and, once completed, an estimated 25,000 people will work at and visit the site each day. The developers claim they are in discussions with other tenants about moving to The International Quarter – which, at a total of four million square feet, will be one of the largest new commercial property developments in the capital.

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May 1, 2015

Organisations advised to create a manifesto for digital workplace success ⁰

by Sara Bean • Facilities management, Flexible working, News, Technology

The adoption of digital technology enables new, more effective ways of working which can help improve employee engagement and agility, research by Gartner claims. However, the report also warns that it’s important employers establish a ‘business manifesto’ that communicates the intentions and motives of the emerging digital workplace if they want to communicate and implement the policy changes that are required. According to the analysts, the manifesto should guide and clarify corporate culture as well as help employees embrace new ways of working. Employers must bear in mind that while corporate culture can be strong at the core, it may be less so for remote employees. That is why it’s important to foster a healthy digital workplace that brings the corporate culture alive to all employees.

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April 29, 2015

RICS reports surge in investment and demand for commercial property ⁰

by Sara Bean • Facilities management, News, Property

Demand for commercial property in the UK is growing close to its fastest pace since 1998. The latest RICS UK commercial market survey shows that there was a surge in investment and tenant demand in the first quarter of this year, which suggests stronger economic growth over the remainder of 2015. The UK had its 10th consecutive quarterly acceleration of demand, with 46 percent of respondents reporting greater interest. However, the availability of commercial property declined, with 38 percent of RICS’ surveyors seeing fewer properties on the market, the impact of which is higher rents. This is particularly apparent across the industrial and office sectors. Looking ahead, respondents expect the office sector to perform most strongly; with London leading the way, despite some concerns over the valuation of prime property in the capital.

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March 30, 2015

Digital sector set to become ‘pivotal’ in Middle East over next five years

by Mark Eltringham • Cities, Facilities management, News, Technology

Deloitte has launched a new report into the Technology, Media and Telecommunications sector in the Middle East. Deloitte predicts that 2015 will be ‘pivotal’ for Digital Islamic Services as they start to take off across the Middle East region. The report estimates that within the next three to four years the region’s digital economy will nearly double in size from around US$15 billion currently to around $30 billion by 2018. The predictions are based on hundreds of discussions with industry executives, analysts and commentators, along with tens of thousands of individual interviews. The report also predicts that Gulf Cooperation Council (GCC) countries will make significant open data advancements in 2015, and within the next three to five years, break into the top half of countries ranked the most ‘open’ in the world.