Search Results for: innovation

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

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Manchester offices dominate BCO Awards for North of England

Manchester offices dominate BCO Awards for North of England

Manchester based businesses dominated the annual British Council for Offices (BCO) regional property sector awards dinner held in Manchester at the end of last week.  Shoosmiths LLP, Hilson Moran, Neo and The Bright Building all being recognised as some of the best workplaces in the North of England.  Other workplaces across the North of England that also received recognition were Number One Kirkstall Forge, Leeds (Winner, Best Commercial Workplace, Waterfront Point, Widnes (Winner, Best Corporate Workspace and Albert Works, Sheffield (Winner, Best Projects up to 1,500 m2)

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Digital media overload as over half of workers unable to find information easily

Digital media overload as over half of workers unable to find information easily

Over half of UK workers (57 percent), are regularly experiencing an inability to locate information easily across a range of digital media, including emails, apps, messages and the internet, a new survey claims. The survey conducted via YouGov, for Evernote, also revealed that 87 percent of digital workers use up to four devices such as a smartphone, tablet, laptop, desktop, and/or a smart watch on a daily basis to access information. The majority (83 percent) of people use at least one app a day to source information. 31 percent of workers are accessing between five to nine apps per day and 18 percent are utilising over 10 apps a day. However, when it comes to face to face communications rather than digital, respondents were much more positive, with nearly half of those asked (45 percent) expressing that they felt they had the right number of meetings at work, and just 16 percent of those saying they feel their work day is filled with too many meetings.

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Faced with era of AI, employers focus on skills and employees crave jobs with purpose

Faced with era of AI, employers focus on skills and employees crave jobs with purpose

According to Mercer’s 2018 Global Talent Trends Study – Unlocking Growth in the Human Age, 96 percent of UK companies have innovation on their core agenda this year and 92 percent are planning organisation design changes. At the same time, employees are seeking control of their personal and professional lives, with more than half asking for more flexible work options. As the ability to change becomes a key differentiator for success in a competitive global climate, the challenge for organisations is to bring their people along on the journey, especially as the top ask from employees is for leaders who set clear direction, claims the report.

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Employers not properly supporting older workers with health conditions

Employers not properly supporting older workers with health conditions

Employers not properly supporting older workers with health conditionsOne in four working people aged 55+ with a health condition are considering leaving work as a negative culture and bureaucratic procedures put many off speaking to their employers until a crisis point. This is according to a new report from Ageing Better, ‘Health warning for employers: supporting older workers with health conditions’, which claims that employers are not properly supporting older workers experiencing long-term physical and mental health conditions. Health is the most important factor affecting older workers’ decisions to stop working before reaching State Pension age. Ageing Better’s research finds that early access to support, small adjustments to the workplace and working patterns, and empathetic management are crucial to enabling people to manage their health at work and remain in employment. But the research also found that workers are often put off speaking to employers until the last moment due to poor workplace culture and overly bureaucratic procedures.

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Best workplaces in London honoured at the British Council for Offices annual Regional Awards

Best workplaces in London honoured at the British Council for Offices annual Regional Awards

Five businesses celebrated success last night, with Bloomberg, White Collar Factory, Havas UK, Here East and 10 Lower James Street all recognised as some of the best workplaces in London at the British Council for Offices’ (BCO) regional awards. The BCO’s awards programme claims to recognise the highest quality workplaces and sets the standard for excellence across the regional and national office sectors.

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Small changes could save UK businesses millions on wasted energy

Small changes could save UK businesses millions on wasted energy

commercial property innovationThe UK’s 5.7 million businesses are spending £29.1 billion on energy every year, and could be making significant reductions in its cost according to a study by printerland.co.uk. With Earth Day this Sunday, (April 22) the research claims that tiny tweaks to workplace routines could make a positive impact on the environment, whilst slashing companies’ electricity bills.

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Robots will lead to increased productivity without stealing jobs, but wages will fall

Robots will lead to increased productivity without stealing jobs, but wages will fall

AI will take time to lead to higher productivity but it may also depress wagesRobots will not as feared steal people’s jobs and will eventually improve productivity, but they will undercut workers’ contribution sufficiently to depress their wages. According to the third report in Barclays Impact Series, titled Robots at the gate: Humans and technology at work, technology is fundamentally re-shaping the nature of work, and the implications of this re-shaping process will accelerate in coming decades. The report authored by Barclays’ Research team and supported by the Barclays Social Innovation Facility sets today’s technological advancements in the context of historical precedent and argues that robotics and Artificial Intelligence do not portend a jobless future. However, these new technologies have important macroeconomic consequences, such as wage disinflation, which will likely continue in the years or even decades to come. The report also argues that productivity spurts lag behind technological leaps, as it can take years or even decades for an economy to figure out how to best use a new technology. Eventually, economies of scale are reached, consumer behaviour adapts, companies refine their business models and productivity growth finally kicks in. More →

How the UK car industry is driving the future of workplace design

How the UK car industry is driving the future of workplace design

The British car industry has grabbed numerous headlines since the Brexit referendum due declining car sales and the uncertainty of its economic and regulatory prospects. In spite of these mounting concerns, the industry continues to invest in the design of its workplaces, not only by creating inviting and engaging places to work, but also by integrating automotive approaches to design and construction into the work environment. As a result, these workplaces don’t just help car companies to stay competitive; they also provide new ideas for all sectors eager to build smarter and more efficient places to work.

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Flexible working and the rise of coworking reducing demand for London office space

Flexible working and the rise of coworking reducing demand for London office space

The number of new office buildings constructed since the financial crisis in 2008 has fallen in a year on year comparison by 56 percent, according to an analysis of planning applications carried out by property lending platform Lendy. The authors claim that the primary reason for the sharp decrease has been the greater uptake of flexible working and coworking models of space use. According to the study, only 2,300 applications to build new office buildings were approved last year, down from 5,200 in 2007/8. Lendy adds that applications to build new offices have also fallen since the financial crisis – down 58 percent to 2,500 last year from 6,000 in 2007/08.  Flexible working has reduced the requirement for new office buildings. Other innovations, such as shared workspace and coworking, have reduced the need for employees to have their own dedicated workspace, according to the report.

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The Furniture Makers’ Company announces new Design Guild Mark 2018 holders

The Furniture Makers’ Company announces new Design Guild Mark 2018 holders

Twelve designs representing both the domestic and contract furniture market have been awarded the prestigious Design Guild Mark in 2018. The Design Guild Mark is awarded by The Furniture Makers’ Company, a City of London livery company and the furnishing industry’s charity, in order to drive excellence and raise the profile of British design and innovation. Now in its tenth year, the Mark recognises the highest standards in the design of furnishings in volume production by the finest designers working in Britain, or British designers working abroad. The Design Guild Mark is judged by a panel of leading industry professionals. Each member of the panel is from the furniture, hospitality, commercial, retail, or media industry. Judges must ensure that each piece of furniture meets the criteria of: excellence in design, materials, manufacture, and function. More →

Property and construction industry calls on government to raise the bar on environmental standards

Property and construction industry calls on government to raise the bar on environmental standards

Over 50 influential business leaders from across the construction and property industry have signed an open letter to ministers urging them to introduce policy that will see all new buildings built to net-zero carbon standards by 2030. As a first step towards the 2030 goal, the group calls on the government to swiftly confirm that from 2020 energy performance standards will be significantly improved. Coordinated by the UK Green Building Council (UKGBC), the letter asks ministers to give the industry medium and long-term policy certainty, to drive significant investment and catalyse innovation.

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