Search Results for: economy

People have to create great leadership in the face of unrealistic expectations

People have to create great leadership in the face of unrealistic expectations

While modern business leaders are still expected to provide strategic thinking, leadership and make business decisions, their effectiveness is no longer just about profitsWhile modern business leaders are still expected to provide strategic thinking, leadership and make business decisions, their effectiveness is no longer just about profits. These days leaders are also being held responsible for employees’ mental health and wellbeing, psychological safety, as well as diversity and inclusion. They are expected to be decisive yet flexible, empathetic yet analytical, and clear yet nuanced. It can be exhausting. More →

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

MIPIM may have returned last year, but 2023 was the year it felt backMIPIM may have returned last year, but 2023 was the year it felt back. That was despite widespread concerns over the rising costs of refinancing and a banking crisis that started with the collapse of Silicon Valley Bank in the US and quickly moved to Europe, with Swiss financial regulators beginning to put together during MIPIM week the deal that would see UBS buy Credit Suisse in an emergency rescue. More →

The five ages of the office and the man who shaped the way we talk about them

The five ages of the office and the man who shaped the way we talk about them

Pioneering SAS office complex in StockholmThe office has passed through five ages. The ‘coffee houses’ of the 17th century, yielded to the ‘clerical factories’ of the 19th as machines revolutionised work. After the Second World War, the ‘corporate offices’ of global corporations and William Whyte’s Organization Man dominated the scene. Following the launch of IBM’s PC in the early-1980s, we saw the rise of ‘digital offices’ in the 1990s, complete with internet, email and social media. And for the past few years we have been moving inexorably towards the latest age: ‘network offices’. Each age was shorter than its predecessor: both the digital and network ages began less than a career span ago. More →

UK productivity continues to drag despite variations across sectors

UK productivity continues to drag despite variations across sectors

The UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UKThe UK has seen a significant dip in productivity growth since the Global Financial Crisis of 2007-8, according to a new report from PwC UK. However, this new analysis also highlights sectoral differences in productivity growth, with some sectors performing better than others in recent years. The slowdown in manufacturing productivity is also shown to have played a significant role in the fall in economy-wide productivity, but there is positive sentiment amongst manufacturers, with almost 1 in 5 expecting to see gains of 10-25 percent in the coming year. According to PwC UK’s new UK Productivity Tracker, a lack of sustained investment expenditure may be behind the UK’s weak performance. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

What to expect at next week’s Workspace Design Show

What to expect at next week’s Workspace Design Show

With only a few days until The Workspace Design Show returns to London’s Business Design Centre, on 27-28 February 2023, here is a taste of what to expec With only a few days until The Workspace Design Show returns to London’s Business Design Centre, on 27-28 February 2023, here is a taste of what to expect. The show brings together striking features, a thought-provoking programme of talks featuring a whole host of speakers, from developers to architects and their blue-chip clients, along with accomplished exhibitors showcasing the latest workplace interiors innovations. All of this incredible content aligns perfectly with the show’s theme, Destination Workplace: Places Where People Want To Be. More →

Workspace Design Show returns (and so do we)

Workspace Design Show returns (and so do we)

A few of you may already know this story. It was some 15 months ago and three old friends met up for the first time in quite a while (well, we had been through lockdowns etc). Having caught up with each other’s news, the subject turned to industry journals, what the three friends felt the market was missing and the possibility of collaborating in the not too distant future. That conversation occurred at the inaugural Workspace Design Show – which the three amigos were all hugely impressed by. The result of that conversation (and a few more chats and meets, of course) is Works. So, here we are, all those months later, pulling together a preview of the 2023 edition of WDS, which – we’re delighted to say – we’re very much a part of. And we don’t just partner with any one, you know. More →

Sector leaders implore EU to be ambitious when setting carbon targets for buildings

Sector leaders implore EU to be ambitious when setting carbon targets for buildings

With a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stockWith a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stock. Europe’s buildings account for around 40 percent of energy consumption and 36 percent of CO2 emissions. Currently, EU policy only addresses the operational emissions of buildings but to support total decarbonisation of the EU building stock, policy must evolve to cover both operational and embodied emissions, known as Whole Life Carbon. Without addressing both sources of emissions it is inconceivable that the EU will be able to achieve its climate targets. More →

Evening Standard SME XPO celebrates new, small and growing businesses

Evening Standard SME XPO celebrates new, small and growing businesses

Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy. SME XPO has established itself as the UK’s leading event dedicated entirely to ambitious SME founders and decision-makers who are looking to scaleup. The event will appeal to a wide variety of industries from micro businesses to medium and large SMEs, welcoming 4000+ owners, showcasing over 60+ speakers. More →

New study will explore the impact of economic turmoil on workplace experience

New study will explore the impact of economic turmoil on workplace experience

eople's workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff UniversityPeople’s workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff University and funded mainly by the Economic and Social Research Council (ESRC). The Skills and Employment Survey 2023 (SES2023), which also involves researchers at UCL, the Universities of Oxford and Surrey and the National Centre for Social Research, will help academics assess the impact of an extraordinary period of turbulence for workers which includes the economic downturn, Cost-of-Living Crisis, Covid-19 and Brexit. More →

New lighting guide updated to embrace era of hybrid working

New lighting guide updated to embrace era of hybrid working

The Society of Light and Lighting has launched the latest Lighting Guide 07 (LG7): Offices to reflect trends such as hybrid workingThe Society of Light and Lighting has launched the latest Lighting Guide 07 (LG7): Offices [paywall for non CIBSE members]. There have been considerable developments since the previous edition, published in 2015. The new guide considers hybrid working, addressing uncertainty around how office space will be used in the future. With increased hybrid working and the use of portable devices, people are spending less time at their desks and in the office. This revision of Lighting Guide 7 now includes home office lighting advice. More →

Firms failing to embed net zero into operations

Firms failing to embed net zero into operations

While 85 percent of companies now have net-zero strategies, the majority are failing to incorporate them into daily business operations.A survey [registration] of 300 managers at organisations in industrial sectors across the U.K., U.S. and Germany by ESG consulting firm Sphera, claims that while 85 percent of companies now have net zero strategies, the majority are failing to incorporate them into daily business operations. Only 41 percent of operations managers have seen sustainability strategies produce significant changes in daily practices, and 32 percent say their firms do not align with science-based emissions targets.   More →