January 28, 2017
Future of CRE + Workplace trends lists + Business leaders bad at managing people 0
In this week’s Newsletter; from the latest issue of Work&Place which is out now, Antony Slumbers discusses the impact of technology on corporate real estate. Mark Eltringham presents the top five songs about office life and office furniture; and explains how the numskulls show why we need a better understanding of how people respond to their surroundings. We have a trawl through the annual list of workplace trends that appear this time of year; learn that flexible working hours help make the UK’s self-employed much happier than those in traditional employment; and discover why physical workspaces need to be designed to support the digital workplace. Two new reports reveal a shortfall in people management skills among current and future leaders; and why Barcelona’s iconic Agbar Tower is being deserted by its unhappy occupants. Download our Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.













Amos Tversky and Daniel Kahneman introduced the concept of Loss Aversion in 1984, highlighting people’s tendency to strongly prefer avoiding losses to acquiring gains. Most studies suggest that losses are twice as powerful, psychologically, as gains. Lose £100 and we will feel a remorse that easily outweighs winning £100. In a similar fashion we find it very hard to see future positives when confronted with short term loses. We understand easily what we have lost but cannot imagine what there is to be gained. Furthermore, as Frederic Bastiat wrote in an 1850 paper, “That Which is Seen, and That Which is Not Seen”, man has a tendency to “pursue a small present good, which will be followed by a great evil to come, rather than a great good to come, at the risk of a small present evil”. Put these together and it is no wonder that, by and large, the future of work, corporate real estate and the workplace is so widely misunderstood.












