Search Results for: london

May 18, 2017

A mixed forecast for the accountancy profession: Brexit highs and digital lows ⁰

by Mike James • Comment, Flexible working, Technology

The accountancy profession is facing an uncertain future in the traditional sense. The question of automation is on everyone’s minds, as are the complexities of Brexit. On the one hand, news from the Association of Chartered Certified Accountants (ACCA) suggests accountants will be in high demand during the Brexit process, on the other, gloomy reports of job automation suggest accountants will be one of the professions hardest hit in Britain’s long-term future. The implications of Brexit are yet to be uncovered. Clearly, Brexit will be a complex process and businesses will undoubtedly require the strategic insight and rigour of the accountancy profession. We have accepted that exiting the EU will likely be a complicated drawn-out process. The effects on business will be bound up in complex trade deals, government policies and the ratification of EU laws affecting business in the UK.

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May 17, 2017

Good working relationships and less stress are key to workplace happiness ⁰

by Sara Bean • Flexible working, News, Workplace

Less stress and better workplace relationships are the reason why the happiest regions to work in the UK are Yorkshire and the Humber; while uninteresting work is the reason why employees in Scotland and the South are the most unhappy. Research into workplace happiness by Happiness Works on behalf of Robert Half UK claims that 77 percent of employees in Yorkshire and the Humber are the happiest employees in Britain, well above the national average of 63 percent. Those questioned find their work more interesting (74 percent), get on with their team (88 percent), have good friends in the office (72 percent) and suffer less stress (38 percent). Britain’s most unsatisfied employees are those working in Scotland and the South of England, with 17 percent of employees saying they are unhappy at work and one in six expressing their work is not interesting. Over a quarter of those in South (27 percent) don’t have good friends in the office or don’t get on with their teams and one in seven (14 percent) in Scotland feel the same. However, employees in Scotland (63 percent) and the South (65 percent) do believe they have a good work-life balance.

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May 16, 2017

Manchester leads the UK as regional creative talent market place for tech and media ⁰

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

Manchester tops the ranking as the leading UK regional creative talent market, having the key ingredients required by this sector to progress and develop as a future destination for the creative industries (including publishing, film, TV, media, digital, computer programming and information services). This is according to ‘Creative Regions’, a first of its kind report, showcasing the Top 25 Regional Creative locations in the UK [outside of London] published by CBRE. Common characteristics of successful creative locations, suggest the report, include large concentrations of creative businesses and professionals, deep talent pools of highly educated graduate populations, large and growing millennial populations, good transport connections, quality of life and proximity to world class universities with strong research and computer science ratings. The report’s also found that Reading punches well above its weight as a creative talent destination, given the size of its office market; Scotland features particularly well with Edinburgh and Glasgow in the top five list, and 11 of the top 25 creative talent locations are in the East and South East.

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May 16, 2017

Built environment sectors ignoring the potential of smart cities and big data ⁰

by Mark Eltringham • Cities, Facilities management, News, Property

There is little or no evidence of the built environment, real estate and construction sectors engaging directly with the smart city agenda, according to a new RICS Research Trust report by University of Reading academics. The research, which examined four case studies (Bristol, Milton Keynes, Amsterdam and Taipei) found that less than a quarter of UK cities had an smart city action plan. Of those that did, the main focus in the smart city case studies is on open data. As a result, city residents are not benefitting from a clear strategy for smart cities according to the report Smart Cities, Big Data and the Built Environment: What’s Required?

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May 10, 2017

The new normal arrives for the commercial property sector ⁰

by Gary Chandler • Comment, Facilities management, Property, Workplace design

Traditionally, the two principle vectors for change in the commercial property market have been lease lengths and space standards. Both have shrunk markedly over recent years, subject to the miniaturising effects of technological and cultural change. Even so, the effects of this contraction have taken place within an existing paradigm so have been easily understood, if not always acted upon.So it has been that major property organisations such as the British Council for Offices and CoreNet have been able to produce guides and reports based on well understood principles and without challenging the business models and assumptions of developers, landlords, workplace designers and occupiers. For most the challenges remained the same, not least how to resolve the sometimes conflicting timescales of people, place, property and technology that is the defining tension at the heart of office design and management.

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May 5, 2017

Improving adult skills can help countries benefit from globalisation, claims OECD ⁰

by Mark Eltringham • News, Workplace

In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains rather than negative economic and social outcomes, according to a new OECD report. The OECD Skills Outlook 2017 reveals big differences in the extent to which countries are equipping workers with the right knowledge and ability to benefit from the globalisation of production chains. The report finds a country with a skills mix that is well aligned with the requirements of technologically advanced industries can specialise in these industries on average 8 percent more than other countries, and up to 60 percent more than countries with a low alignment between the mix and these industries requirements. A supplementary note covers the UK’s situation.

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May 2, 2017

Immigration and skills will be key to success of next UK Government ⁰

by Mark Eltringham • News, Property

The next Government must ensure the construction sector has enough skilled workers post-Brexit or its housing and infrastructure manifesto pledges will be redundant, says the Federation of Master Builders (FMB). The FMB has called on all major political parties to recognise the importance of migrant labour to the construction sector as part of its ‘Programme for Government’, that has been launched the day before Parliament is dissolved for the General Election. The organisation claims that the UK construction sector’s demand for skilled migrant workers from the EU and beyond cannot be overstated. It suggests that in London alone, there are more than 157,000 non-UK construction workers constituting almost half of the industry’s workforce in the capital. Pre-Brexit, 60 percent of small construction firms are already having trouble hiring key workers even before the Government unveils its intentions for the free movement of people.

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April 28, 2017

Government failing to meet goals for an integrated real estate portfolio ⁰

by Mark Eltringham • News

The UK Government is getting better value for money from its estate, according to a new report from the National Audit Office. The Government Property Unit (GPU), however, has not yet made much progress towards its objective of creating a shared, flexible and integrated estate. The government’s central estate includes some 4,600 individual holdings, costing around £2.55 billion a year to run. The GPU, which is part of the Cabinet Office, was set up in 2010 to better co-ordinate estate management in the public sector. Since the NAO’s last report in 2012, departments have continued to make good progress in reducing the overall size of the central estate. They have also reduced overall estate spending and pay less for office accommodation than private sector comparators. Departments report they have reduced their annual estate costs by £775 million in real terms since 2011-12 to around £2.55 billion in 2015-16. Between 2011-12 and 2015-16, departments raised £2.5 billion by selling surplus land and properties. The GPU is also starting to have an impact on the wider public estate.

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April 28, 2017

BIFM issues new guidance for FMs on managing the transition to agile working ⁰

by Sara Bean • Facilities management, Flexible working, News

New guidance to help facilities managers manage the transition to agile working within their organisation has just been published by the British Institute of Facilities Management (BIFM). The Agile Working Change Management Guidance Note is aimed at FMs working at a senior and/or operational level and covers the benefits of agile working and how to successfully plan and implement an integrated approach to deliver sustainable change in working behaviour. Agile working describes a range of work settings that allow people and organisations to make new choices about when, where and how they work. It is underpinned by mobile technology and applies to people working both in and away from the traditional office, such as at home, on the road or remotely in other locations. BIFM’s research and information manager Peter Brogan said: “As an Institute, we recognise the importance of the workplace agenda for FMs and this newly commissioned Guidance Note aims to address the current lack of knowledge around some of the emerging workplace practices.”

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April 27, 2017

Overbury delivers new head office for iconic British brand Fred Perry ⁰

by Neil Franklin • Case studies, Company news, Workplace design

Fit out firm Overbury has completed the interiors of a new head office and showroom for iconic British brand Fred Perry in Clerkenwell, London. The refurbishment of 27,000 sq ft in a historic Victorian warehouse supports Fred Perry’s move from its long-term address in Covent Garden to a fashionable corner of London. In 2015, the company leased two 19th century warehouse buildings on the corner of Mount Pleasant and Warner Street, opposite a former Royal Mail Sorting Office. Working with architects Buckley Gray Yeoman, Overbury delivered the fit out of seven floors, which included the installation of new floors, ceilings, walls and mechanical and electrical systems. Following a four month programme, the result is a space that reflects the brand’s British identity and brings the brand’s head office and showroom under one roof.

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April 26, 2017

Requests to work remotely increase as stigma around flexible working diminishes ⁰

by Sara Bean • Facilities management, Flexible working, News, Technology

A majority of workers (65 percent) now feel comfortable requesting to work from home, while a third (33 percent) of UK employees would decline a job offer if they weren’t able to work flexibly. This is according to a new study from Maintel which claims that today’s multi-generational workforce prefers flexible working to traditional office hours and location; with flexible work policies perceived as an important workplace benefit. Nearly three quarters (73 percent) of respondents say the company they work for has good flexible work policies in place, 64 percent of remote workers don’t feel micromanaged, and 58 percent would take the opportunity to spend even less time in an office, if it were available. Well over half (60 percent) of respondents believe technology can replace in-person interaction in the workplace. Yet there remain challenges with flexible work, including indifference regarding the security of company data (66 percent) and distractions at home (31 percent).

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April 24, 2017

WeWork extends property as a service offering as IBM takes on entire coworking building ⁰

by Mark Eltringham • Facilities management, News, Property, Workplace design

In a deal of enormous significance for the commercial property and workplace sectors, IBM has agreed a deal with coworking giant WeWork to take on all the space at its 88 University Place office in New York. Although originally targeted at startups and freelancers, especially those working in the creative and technology sectors, a growing number of corporate clients are seeing the appeal of coworking space in a fast changing world and now make up over a fifth of WeWork’s membership worldwide. Meanwhile, in moves that are sure to have major implications for the corporate real estate and facilities management market, WeWork has also announced plans to become a major real estate investor and introduce a wider range of FM services. The firm already operates in 135 locations spread across 44 cities in 14 countries.