March 29, 2023

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 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…)

March 29, 2023

Work-related stress costing UK economy £28bn a year

by Neil Franklin • News, Wellbeing

New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues. (more…)

March 28, 2023

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

by Anna King • Comment, Environment, Property

MIPIM 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…)

March 27, 2023

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

by Rob Harris • Features, Flexible working, Workplace design

The 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…)

March 23, 2023

Canary Wharf Group shifts its focus to life sciences sector

by Neil Franklin • News, Property

The development of a major life science cluster at Canary Wharf continues to build momentum with a range of life sciences focused start-ups and scaleup businesses joining the growing community of technology businesses at its specialist co-working and office hub, Level39, according to a new statement from Canary Wharf Group. Launched by Canary Wharf Group ten years ago, Level 39 is now home to over 180 start-ups and scaleups innovating in FinTech, Cyber Security, CleanTech, Blockchain, Life Sciences and HealthTech. (more…)

March 21, 2023

Robots will improve your wellbeing – as long as they look cute

by Neil Franklin • News, Technology, Wellbeing

Robots can be useful as mental wellbeing coaches in the workplace – but perception of their effectiveness depends in large part on what the robot looks like. That is according to researchers from the University of Cambridge who conducted a study of a tech consultancy firm using two robot wellbeing coaches. In the study, 26 employees participated in weekly robot-led wellbeing sessions for four weeks. Although the robots had identical voices, facial expressions, and scripts for the sessions, the physical appearance of the robot affected how participants interacted with it. (more…)

March 20, 2023

Lighting is just as important for those working from home as it is in the office

by Brendan Keely • Company news, Lighting

Working from home now constitutes a part of many office workers’ lives so the latest revision to The Society of Light and Lighting Guide now includes guidance for those creating an office in their home through the conversion of a bedroom or other room. This revision to The Society of Light and Lighting’s Lighting Guide 7: Lighting for Offices [paywall] is the most significant in a long time. Not because of the amount of information that has changed or been introduced, but because home working now constitutes a part of many office workers’ lives. Such a dramatic change for many could not have been foreseen when the previous edition of LG7 was published. (more…)

March 17, 2023

Most hybrid workers worldwide don’t think they’ll return to old ways of work

by Neil Franklin • Flexible working, News, Wellbeing

A poll of 3,000 office workers by Insights Learning & Development claims that 70 percent of hybrid workers in the UK want to maintain the arrangement permanently. According to the report, UK employees are generally happy with their hybrid working arrangements – more so than employees in the US, Canada and France. Overall workers in the Netherlands are most satisfied with their hybrid working arrangements. (more…)

March 15, 2023

The UK workplace sector reacts to the Spring Budget 2023

by Jayne Smith • Environment, News, Property, Workplace

Today 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…)

March 10, 2023

Hybrid workers exercise more, sleep longer and eat better

by Neil Franklin • Flexible working, News, Wellbeing

A new study claims that hybrid working is leading to a healthier workforce, with more time being dedicated to exercise, sleep and healthy eating. Research among more than 2,000 hybrid workers by IWG suggests that the time saved by reduced commuting has led to multiple health and wellbeing benefits including weight loss, better cooking habits, improved mental health and a longer night’s sleep. (more…)

March 10, 2023

Employers over-estimate the wellbeing benefits of hybrid working

by Neil Franklin • Flexible working, News, Wellbeing

Employers and employees have a differing opinion about the health and wellbeing impact of hybrid working, according to a new poll from GRiD. Two thirds of employers (64 percent) believe that hybrid working has had a positive impact on their employees’ health and wellbeing, but only 53 percent of employees agree. Where they do concur is on the number of people for whom hybrid working can have a negative impact, with 6 percent of employers, and 7 percent of employees, acknowledging that it is not a positive experience for everyone. (more…)

March 9, 2023

More than one in three Americans fear artificial intelligence could take their jobs

by Neil Franklin • News, Technology

A survey of 3,000 employees across the United States has shed light on the extent to which workers are concerned about the growth of artificial intelligence (AI) and its impact on their job security. The research, carried out by FreelanceWritingJobs.com, claims that just over 1 in 3 (35 percent) Americans are worried about the possibility of AI making their professions redundant. (more…)