Search Results for: financial

WeWork, false narratives and the superstate of office design

WeWork, false narratives and the superstate of office design

WeWork New YorkSo, WeWork then. As the dust settles on whatever has happened, some lessons may be emerging. Many of them are presented in this comment in The Economist and this piece in The Intelligencer in which Scott Galloway of NYU Business School claims that the problems have been evident for a long time. He doesn’t hold back. More →

Artificial intelligence to drive the next generation of jobs

Artificial intelligence to drive the next generation of jobs

artificial intelligenceThe uptake of artificial intelligence by businesses will transform the UK job market in the near future and will create around 133 million new jobs worldwide. The findings come from a new report called Harnessing the Power of AI: The Demand for Future Skills (registration) from recruiter Robert Walters and market analysts Vacancy Soft. More →

Older workers will drive long term success of firms

Older workers will drive long term success of firms

Older workers are essential for the success of firmsOrganisations that actively leverage the abilities and experience of their older workers will be best positioned for the future of work, according to Mercer’s report Next Stage: Are You Age-Ready? (registration). The importance of being “age-ready” is underscored for both businesses and economies by the impact of the twin forces of a rapidly ageing labour force coupled with an uncertain global economic growth rate, the report argues. More →

The office of the future should be circular

The office of the future should be circular

The WWF Living Planet Centre gives a taste of the office of the futureMinimising the impact of business on the wider environment is no longer a ‘nice to have’ but a business imperative. Pressure is coming from all stakeholders including employees, investors, customers and clients, government and the media. According to the Leadership in Corporate Sustainability – European Report 2018, three quarters of European business leaders believe that ignoring sustainability will affect their company’s ability to create long-term value. More →

Firms shift to contingent work to stay agile, report claims

Firms shift to contingent work to stay agile, report claims

contingent workAround a quarter of firms worldwide and mid-sized companies are shifting permanent roles to contingent work positions this year to remain agile, according to a report from Randstad Sourceright. The quarterly Talent Trends study (registration), based on responses from executives, HR managers and other professionals across 17 markets worldwide, claims that businesses are using gig and freelance workers to fill formerly permanent positions. More →

Flexible working continues to thrive in the public sector

Flexible working continues to thrive in the public sector

More than two in five public sector workers were able to enjoy flexible working in the last quarter of 2018, official figures from the Office for National Statistics show. According to the data, around 42 percent of public sector workers said they had worked flexibly in the period from October to December 2018.  The proportion of people offered flexible working patters was double that of private sector workers, 21 percent of which reported arrangements such as flexitime, compressed hours and term-time only work. More →

Flexible working now routine for two thirds of US workers

Flexible working now routine for two thirds of US workers

flexible working owl labsA new report from Owl Labs claims that although two-thirds of US workers now work away from their main place of work some of the time, there are still many people and organisations that are unaware of the benefits, processes and challenges involved in flexible working. The new report explores the effect flexible working has on personal happiness, recruitment, retention and skills as well as exploring the attitudes of people who are based in a fixed place of work.

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Brexit causes commercial property investors to put plans on ice

Brexit causes commercial property investors to put plans on ice

BrexitNew research commissioned by Experience Invest claims that the majority of UK commercial property investors have put their financial plans on hold as they await the Brexit deadline and 2019 Autumn Budget, new research from Experience Invest claims. Experience Invest commissioned an independent survey of over 1,000 property investors, who all own three or more residential properties in the UK. More →

The four day week problem, WeWork delays IPO, harbingers of doom and some other stuff

The four day week problem, WeWork delays IPO, harbingers of doom and some other stuff

It’s interesting to watch what happens when politicians – even more so than normal people – are faced with evidence they don’t like. And it’s especially interesting when they asked for the evidence in the first place. You can pick your own examples but it was interesting to note Shadow Chancellor John McDonnell’s immediate and decidedly lukewarm response to his own report into the wisdom of introducing a 4 day week, which concluded that the idea is ‘not realistic or even desirable’. More →

Flexible office space transforming US commercial property sector

Flexible office space transforming US commercial property sector

An image from the CBRE report on flexible office spaceA new report from CBRE claims that the US market for flexible office space will generate significant growth over the next decade, even in the event of a recession, as flex operators consolidate and forge financial partnerships with building owners. More →

There is still time to avoid the regrexit of Brexit

There is still time to avoid the regrexit of Brexit

Still time to avoid BrexitSeveral months ago when we invited Jonty Bloom, one of the media’s most respected journalists to come and speak to our guest audience, we knew it would be informed, relevant and fascinating. What we didn’t know was that the day before (4th September 2019) Boris Johnson would deliver a stunningly inelegant performance at his inaugural Prime Minister’s Question time, the day after losing his first vote in parliament to prevent a further delay in delivering Brexit. More →

Office costs continue to rise across the UK

Office costs continue to rise across the UK

office costs surveyLambert Smith Hampton (LSH) has released its latest Total Office Cost Survey (TOCS) which provides detailed information on office costs for over 50 UK locations. Across 54 surveyed locations, the survey shows the prime core of London’s West End remains by far the most expensive UK office location, with the annual cost for a new office in Mayfair standing at £18,988 per workstation. This stands at 139 percent above the UK average and 45 percent ahead of the next most expensive office location, the City of London. More →