Search Results for: future of work

March 31, 2017

America’s corporate occupiers streamline portfolios due to economic uncertainty ⁰

by Sara Bean • Facilities management, News, Property, Technology, Workplace

While talent continues to reign supreme on the list of top concerns for US companies a growing number of respondents to CBRE’s annual Americas Occupier Survey cited economic uncertainty as a top challenge, up from 36 percent in 2016 to 52 percent. As a result, 87 percent of corporate occupiers report that they are managing to this uncertainty by disposing of surplus space and/or implementing more efficient workplace designs to prepare their portfolios for the future. Only 26 percent of respondents expect to expand their portfolios over the next two years, down from 38 percent in the 2016 survey. Approximately one-half of the 2017 survey’s respondents indicated that the size of their portfolios would remain stable with 2016 levels. However, while uncertainty is driving many real estate decisions, creating a workplace experience focused on talent remains top of mind for the majority of occupiers surveyed.

March 28, 2017

Communication key to allaying employee concerns about automation ⁰

by Mark Eltringham • News, Technology

Organisations need to strike a balance between capitalising on the benefits of automation and managing employee concerns, according to a study by Capita Resourcing. The research claims that whilst over half (54 percent) of UK organisations are already automating business processes once performed by people, employees are concerned about the social impact this will have on the workplace. The ‘Workplace More Human’ report claims that the majority of employees (67 percent) fear that the rise of robotics will make the workplace less sociable and friendly in the future. The biggest concerns around introducing more automation in the workplace were the loss of their job (36 percent), losing the social relationship with colleagues (27 percent) and having to reskill/train to do another job (23 percent).

March 27, 2017

State of the nation report sets out impact of digital transformation on the UK ⁰

by Neil Franklin • News, Property, Technology

The Institution of Civil Engineers has published its State of the Nation 2017 report, looking at how advances in digital technology and data are transforming how infrastructure is designed, delivered and operated. The report claims that digital transformation is bringing benefits to clients and end users as well as unlocking economic growth and productivity across the UK. The report, based on interviews with 350 organisations and industry figures discusses the practical steps firms and government need to take to maintain momentum and truly harness the benefits.

March 23, 2017

The digital revolution is polarising the labour market and increasing wage inequality ⁰

by Mark Eltringham • News, Technology

The increasing ability of machines to perform cognitive, physical, and social tasks has polarised labour markets by “hollowing out” demand for middle-skill jobs, claims a new report published by IZA World of Labor based on research from economist Michael Gibbs of Chicago Booth School of Business. It suggests that analytical, problem solving, and social and communication skills are likely to be most valued in employees in the future. The new report finds that the advance of technology has opposing effects on jobs. It facilitates automation, creating fewer and less motivating middle-skill jobs. Conversely, it complements social and innovation tasks, creating more interesting low- and high-skill jobs. This causes labour market polarisation, “hollowing out” demand for middle-skill jobs, and increasing wage inequality.

March 16, 2017

White paper sets out challenges of Brexit for UK’s built environment sector ⁰

by Neil Franklin • News, Property

BSRIA has published a new white paper to explore how issues related to Brexit will impact the UK’s built environment sector. The report highlights the ways in which the industry that supports the built environment has a major impact on the overall UK economy and plays a positive role in supporting the government’s climate change and emissions reduction objectives. According to the white paper, the sector is particularly sensitive to the uncertainties surrounding Brexit because it is technology intensive, requires a highly-skilled workforce, and is very dependent on international trade.

March 16, 2017

New guide to creating an accessible and inclusive built environment ⁰

by Neil Franklin • Architecture, Facilities management, News, Workplace design

The Construction Industry Council has published a new guide to creating an accessible and inclusive environment. The guide sets out six principles as suggested by the Office for Disability Issues to ‘guide, support and motivate’ industry professionals. The guide is an initiative that emerged from the Built Environment Professional Education Project – a government project that has been championed by CIC. The aim is to build on the legacy of the London 2012 Olympic and Paralympic Games by helping to generate a change in the way skills related to inclusive design are taught in the UK. The aim is that all built environment professionals will receive mandatory, quality teaching about inclusive design so that they can help create inclusive building, places and spaces for future generations.

March 15, 2017

Mobile and internet connectivity should be a priority for commerical real estate ⁰

by Sara Bean • Comment, Facilities management, News, Property, Technology

Cluttons has proposed that a mobile coverage rating should be added to lettable workspace criteria, because despite mobile and internet connections being the fifth essential utility for the modern environment they are often overlooked when leasing space. With the rise of dependence on SIM-based equipment, the property firm argues that workplaces should be let with a coverage rating, measuring connectivity within a property. It argues that given the fast-paced evolving nature of the sector, landlords who invest in excellent telephony infrastructure are likely to secure tenants for longer periods and potentially achieve higher rental values. The approach is being borne out by the government recognising the importance of better mobile and internet infrastructure, by making it a focal point to extend superfast broadband to 95% of the UK by the end of 2017. This comes as no surprise given that several emerging markets are leap-frogging the adoption of technology and are quickly outpacing the UK in the sophistication of infrastructure on offer to occupiers. London is ranked near to the bottom of the internet connectivity league table when looking at Europe.

March 9, 2017

Use of mobile technology is key for European businesses in attracting best talent pool ⁰

by Sara Bean • News, Technology, Workplace

If European employers want to attract the best job candidates, they need to utilise the latest mobile technologies to attract the right talent pool, a new report commissioned by the Futurestep division of Korn Ferry, has claimed. In a digital and mobile-first world, where candidates browse potential jobs and apply via mobile devices, just 20 percent of respondents in EMEA use mobile technology tools for recruitment – the lowest usage rates in the global study. In addition, just 45 percent say they use video interviewing, while only 46 percent use online assessment tools. According to Talent Forecast, the second part of a major global survey into recruitment and engagement which polled more than 1,100 hiring professionals this represents a missed opportunity as these can help make the talent acquisition process streamlined and more efficient.

March 8, 2017

In a crowd of truths, we can discern and reclaim what it means to be human ⁰

by Neil Usher • Comment, Facilities management, Technology, Workplace design

This is the second of two responses to an excellent article by Antony Slumbers, the first being this perspective from my mirrored room, in this instance offering that his views offer a far too presumptive picture of how technology will shape our work future. The paragraph headlines are from Antony’s original article. One person’s optimism is another’s pessimism. A decade ago the dream of liberated commute-free teleworking was, to many, the nightmare of enforced seclusion to the soundtrack of the dishwasher. The deployment of robots for the performance of menial tasks creating time and wealth for leisure is another’s horror at the loss of employment and resultant anomic fragmentation and decay. The fatally pointless optimism of Candide’s Dr Pangloss was agnostic in regard to every such outcome. It was positive only because there could be no alternative, and therefore no better alternative.

March 8, 2017

Fall in number of senior business roles held by women in the UK ⁰

by Sara Bean • Legal news, News, Workplace

A new report to mark International Women’s Day claims that the proportion of senior business roles held by women in the UK has fallen from 21 percent in 2016 to 19 percent in 2017. The report, based on Grant Thornton’s annual survey of 5,500 businesses in 36 economies, also found that the percentage of businesses in the UK with no women in senior management has also risen from 36 percent in 2016 to 41 percent in 2017. This is still an improvement on other EU countries with a lower proportion of senior roles held by women: Germany (18 percent), UK (19 percent), Greece (20 percent) and Netherlands (20 percent)Globally, the proportion of senior business roles held by women has hit a high of 25 percent. However, the findings suggest that progress is slow, with an increase of only 1 percent compared to 2016. Globally, the proportion of senior business roles held by women increased 1 percent from 2016, but that’s only up 6 percent since start of research 13 years ago, in 2004 (18 percent), showing how little progress has been made over the past decade. The research claims that the countries with the highest proportion of senior roles held by women are Russia (47 percent), Indonesia (46 percent) and Estonia (40 percent). The UK had the fifth lowest proportion of women in senior business roles, with Japan recording the lowest (7 percent) and Argentina second lowest (15 percent). More →

March 7, 2017

London businesses bounce back from initial concerns over the Brexit vote ⁰

by Sara Bean • Cities, News, Property

London firms’ optimism has rebounded since a poll taken just after the EU Referendum, according to the latest CBI/CBRE London Business Survey; as its the most recent data reveals that a fifth of companies (19 percent) feel more positive about the economy over the next six months, compared to 4 percent in the last Survey. Firms are also more optimistic about their own businesses over the next half year, with over a quarter (26 percent) feeling positive (compared to 8 percent in the last Survey). Over eight in ten (84 percent) of London’s companies see Crossrail 2 as being central to the capital’s successful expansion. Meanwhile, a similar number of firms (80 percent) think sticking to the Government’s current timetables for building Heathrow’s third runway is vital to London’s attractiveness as a place to invest. As the city continues to expand eastwards, businesses recognise the importance of developing the right infrastructure to support growth in the area, especially in the Docklands. Four fifths of firms (84 percent) think that river crossings in East London are essential for boosting the city’s growth.

March 6, 2017

Over two thirds of people now use a smartphone, but sales are stalling ⁰

by Neil Franklin • News, Technology

Over two thirds of people in developed markets worldwide now own a smartphone, according to a study of 625,000 people by Google and researchers Kantar. But sales in major markets fell 2 percent last year as the market reached full maturity with consumers reluctant to change brands and vendors increasingly focussed on selling upgrades and replacing existing devices. The five-year study found that 70 percent now use a smartphone, up from 51 percent in 2012. Dependence on the devices is also growing with 54 percent preferring to carry out a task digitally, two-thirds (65 percent) use the smartphone to go online ‘at least as much’ as a computer, and 76 percent using their smartphones or other connected devices while watching TV.