Search Results for: environment

Commercial property market should be more optimistic, but it still needs to change

Commercial property market should be more optimistic, but it still needs to change

by • News, Property

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to riseJLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll. This survey sets out to explore the evolving nature of work, assessing the key priorities, challenges, and strategies for more than 2,300 business and CRE decision-makers. (more…)

Firms are optimistic about AI, but most have little idea what to do with it

Firms are optimistic about AI, but most have little idea what to do with it

by • AI, News

Despite high levels of optimism about their adoption of AI, two thirds of firms say they are not ready to implement AI in projects yetDespite high levels of optimism about their adoption of artificial intelligence, two thirds of firms say they are not ready to implement AI in projects yet, according to a new poll. The Riverbed Global AI & Digital Experience Survey suggests that while 94 percent of those surveyed say AI is a top C-Suite priority and 91 percent agree it provides a competitive advantage, only 37 percent are fully prepared to implement projects now,  However, 86 percent of leaders say they expect their organisation to be fully prepared to implement a strategy and projects by 2027.  (more…)

The Active Office – enhancing workplace wellbeing with innovative office furniture

The Active Office – enhancing workplace wellbeing with innovative office furniture

by • Company news, Furniture, Wellbeing

As experts in ergonomic workspaces that improve productivity, efficiency and employee wellbeing, AJ Products offer a wealth of innovative Active Office solutionsThe working environment profoundly affects how we feel at work. But can the right office furniture and layout also boost creativity, efficiency and collaboration? AJ Products, a leading furniture solutions provider and workplace wellbeing specialist, decided to find out. They collaborated with University Academy 92, a higher education institution co-founded by the Class of ’92 and Lancaster University, to test their Active Office concept. (more…)

Information overload and FOMO are major risk factors for remote work

Information overload and FOMO are major risk factors for remote work

by • Flexible working, News, Wellbeing

While remote work has its advantages for most people, a new academic study found that there are at least two under-discussed risks While the shift to remote work has reportedly brought about numerous benefits for many people, such as increased flexibility and autonomy, a new study published in SAGE Open by researchers from the University of Nottingham claims to reveal significant downsides that are often overlooked. (more…)

How younger generations are redefining workplace exits

How younger generations are redefining workplace exits

by • Comment, Workplace

 

The modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generationsThe modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generations—especially those born after 1997, known as Gen Z. It’s not just in the places we might expect. For example, in Japan, a country with a reputation for long tenures and employee/employer loyalty, resignation agencies such as Momuri offer services that allow individuals to quit their jobs remotely. Even where moving jobs is relatively rare, this “resignation-as-a-service” has sprung up as a result of discontent within the workforce. This phenomenon, particularly pronounced among younger demographics, is challenging traditional notions of loyalty in the face of workplace dissatisfaction. (more…)

Kusch+Co airport products enhance relaxation and business for millions of travellers

Kusch+Co airport products enhance relaxation and business for millions of travellers

by • Company news

With furniture found in over 260 international airports worldwide, Kusch+Co is a trusted name in airport seating and lounge solutions.Creating comfortable and stress-free environments for travellers has never been more crucial. Ensuring traveller relaxation is paramount. Kusch+Co is at the forefront of this effort, offering a range of products designed to enhance the airport experience and provide much-needed comfort for travellers. As a leader in furnishing travel environments, Kusch+Co has been instrumental in achieving this goal. Their furniture can be found in over 260 international airports worldwide, making Kusch+Co a trusted name in airport seating and lounge solutions. (more…)

People want the flexibility of hybrid work, but don’t want to go fully remote

People want the flexibility of hybrid work, but don’t want to go fully remote

by • Flexible working, News

hybrid work has become the preferred working model worldwide, with a significant impact on productivity, employee satisfaction, and workplace connectivityA new survey conducted by Zoom in collaboration with Reworked INSIGHTS claims that hybrid work has become the preferred working model worldwide, with a significant impact on productivity, employee satisfaction, and workplace connectivity. The survey, titled “Navigating the Future of Work: Global Perspectives on Hybrid Models and Technology [registration] sets out to explore the evolving nature of work, focusing on global trends in workplace flexibility, employee preferences, and the growing role of generative AI. (more…)

Working from home prevalent across Northern Europe, but has no effect on productivity

Working from home prevalent across Northern Europe, but has no effect on productivity

by • Flexible working, News, Property

 

Working from home has become a permanent feature of the European workforce, with notable variations across different regions and citiesA new research briefing from Oxford Economics claims to highlight the sustained prevalence of working from home in Europe, particularly in northern cities, and examines its impact on office real estate markets. According to the briefing, which analyses data through 2023, working from home has become a permanent feature of the European workforce, with notable variations across different regions and cities. (more…)

Right to disconnect law comes into force in Australia

Right to disconnect law comes into force in Australia

by • Flexible working, News, Wellbeing

 

Australia has introduced a "right to disconnect" rule, offering what is claimed to be ‘significant relief’ to employees who feel pressured to respond to work-related calls or messages outside of their official working hoursAustralia has introduced a so-called right to disconnect rule, offering what is claimed to be ‘significant relief’ to employees who feel pressured to respond to work-related calls or messages outside of their official working hours. The new legislation allows employees to ignore communications after hours without fearing repercussions from their employers. (more…)

The best leaders invite people to challenge them … and don’t punish them when they do

The best leaders invite people to challenge them … and don’t punish them when they do

by • Business, News

Leaders should foster a culture of positive, constructive challenge, which can help mitigate risks and improve decision makingLeaders should foster a culture of positive, constructive challenge, which can help mitigate risks and improve decision making, according to experts at Imperial College Business School. In a new white paper, researchers from Imperial’s Centre for Responsible Leadership analysed the strategies that leaders can implement to successfully elicit challenge from their teams. The paper contains key lessons and evidence-based recommendations for leaders to encourage challenge, that can be applied to a wide range of organisations. (more…)

Government hub named one of the world’s leading workplaces

Government hub named one of the world’s leading workplaces

by • News, Property, Workplace design

 

This unprepossessing building in Peterborough has been named as one of the world's leading workplaces by the Leesman IndexThis unprepossessing building in Peterborough has been named as one of the world’s leading workplaces by Leesman. The Government Property Agency (GPA) office hub building is the second building belonging to the GPA that has achieved Leesman+ certification – global recognition of exceptional workplace experiences which only six public sector offices worldwide have ever attained. (more…)

European banks are over-valuing commercial property, ECB report suggests

European banks are over-valuing commercial property, ECB report suggests

by • News, Property

 

An analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone's leading banks may be inflating the value of commercial propertyAn analysis by the European Central Bank (ECB) has raised concerns that several of the Euro zone’s leading banks may be inflating the value of commercial property, potentially obscuring the true state of their loan portfolios in a sector that is facing significant challenges. The analysis suggests that some banks are failing to properly account for the steep downturn in the commercial property market, which has been severely impacted by higher borrowing costs and weakened demand as businesses adjust to the post-pandemic economic landscape. (more…)

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