February 27, 2018
Unnecessary meetings costing UK business more than £191bn a year
UK office workers are spending almost an entire working day every week attending and preparing for unnecessary meetings, according to a new survey from meeting technology firm eShare. The average office worker spends 10 hours 42 minutes every week, preparing for and attending 4.4 meetings, with 2.6 of those deemed unnecessary. With the average meeting revealed to have 6.8 attendees, this equates to annual staff costs for unnecessary meetings per business of over £35,000, based on ONS average earnings data. With 5.4 million businesses in the UK, this means the total staff cost per year is more than £191bn, according to the firm.
December 21, 2017
Commercial property is undergoing tech disruption, but not as some believe
by Polly Plunket-Checkemian • Comment, Facilities management, Property, Technology
According to a recent report, executives in the commercial property sector have significant reservations about emerging disruptive technologies such as Big Data and predictive analytics, augmented and virtual reality, Blockchain and driverless vehicles, but see huge potential for process automation. Disruption is a strong word. It conjures up apocalyptic images and radical interventions leaving unrecognisable outcomes in its wake. Big terms like artificial intelligence, Internet of Things (IoT) and big data bring equally big expectations. For those of us at ground level, it’s hard to see the cumulative impacts of the many changes taking place around us. It’s also hard not to share the same view expressed above. Future-gazing is nice to a point, but board level conversations like to take signposts from what is actually happening around them as well, and the commercial property sector is no exception. This sector is undergoing profound disruption but not necessarily from Silicon Valley’s headline grabbers.
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