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UK CEOs bullish on business growth but concerned about skills and global economy

UK CEOs bullish on business growth but concerned about skills and global economy 0

by • News, Workplace

UK CEOs are more upbeat about the growth prospects for their own companies than 12 months ago, according to PwC’s 20th annual CEO Survey published today at the World Economic Forum in Davos. Almost nine out of 10 (89 percent) respondents say they are confident of their company’s growth in the year ahead, up from 85 percent in 2016, and above the 85 percent global figure and 77 percent in Germany. Forty one percent of UK CEOs describe themselves as being ‘very confident’. More generally, UK bosses are in hiring mode. Sixty three percent expect to grow their workforce over the coming 12 months, compared to 52 percent of their global counterparts. Just 10 percent expect headcount to decrease, down from 20 percent in 2016. Access to key skills is considered to be the single biggest business threat facing their organisations. More than four in five (83 percent) of UK bosses are concerned about how to get hold of key skills, up sharply from 71 percent last year. The skills most highly prized by UK leaders – adaptability and problem solving, leadership and collaboration, and creativity and innovation – are also proving the hardest to recruit.

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Sky Central + Dealing with noise at source + The detoxified workplace 0

by • Case studies, Facilities management, Flexible working, Newsletter, Wellbeing, Work&Place, Workplace, Workplace design

Organisations are encouraged to “detoxify” their work environments In this week’s Newsletter; Neil Usher describes the vision behind Sky Central’s new activity-based workplace in London; and Mark Eltringham argues the European Display Screen Equipment Regulations are no longer fit for purpose. CRE’s attempts to advance corporate strategic goals often take a back seat to cost savings targets; the Hushme voice masking device for mobile phones promises a quieter office; and organisations are encouraged to “detoxify” their work environments to improve employee wellbeing. Why employees are prepared to move jobs if employers fail to offer flexible work; a quarter of people with money problems say it undermines their work performance; and the World Economic Forum cites unregulated technological progress as one of the greatest threats to work. Download our Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Money worries undermine performance of one in four workers says CIPD

Money worries undermine performance of one in four workers says CIPD 0

by • News, Wellbeing, Workplace

Money worries undermine performance of one in four workers says CIPD

A quarter of people are suffering with money problems so substantial that it is affecting their ability to do their job, claims a new survey published by the CIPD and Close Brothers Asset Management. Physical fatigue caused by lost sleep when worrying about money, is the most common explanation for how financial concerns have impacted people’s productivity, effecting one in five employees (19 percent). The number reporting problems rises to a nearly a third (31 percent) among 18-24 year olds, and those living in London (32 percent). The problem is not limited to low earners either, with one in five (20 percent) of employees earning £45,000 to £59,999 saying that financial anxiety has affected their ability to do their job. Meanwhile, women are more likely than men to report that money worries are affecting their work, with nearly three in ten (28 percent) women reporting the problem, compared with less than one in four (23 percent) of men.

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A unity of opposites at Sky Central

A unity of opposites at Sky Central 0

by • Case studies, Facilities management, Features, Work&Place, Workplace design

It’s drummed into us from an early age that we can’t have it all, as a result we consider choices as being a binary either/or situation. The workplace design brief (where it’s actually undertaken, an entirely separate discussion) positions choices similarly – open or closed, focussed or collaborative, modern or traditional – the decision point existing along a sliding scale from one natural extreme to the other. Yet there is a way to consider workplace design as an attempt to achieve the “unity of opposites”, an idea proposed by the pre-Socratic aphoristic philosopher, Heraclitus, the original thinker on change. This holds that the existence of an idea is entirely dependent on the existence of its opposite, that one cannot exist without the other. The framework is considered here in its application to the recently completed Sky Central in Osterley (West London), a newly constructed 38,000m2 NIA activity-based workplace over three floors that is home to 3,500 of the total 7,500 people on the Campus. It may be considered as tool for aiding workplace brief development, or for understanding how a workplace has been conceived and functions.

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Learning to love staff means letting them disconnect from work, and other stories

Learning to love staff means letting them disconnect from work, and other stories 0

by • Flexible working, News, Technology

 

Topical workplace issues featured prominently at this week’s British Psychological Society’s Division of Occupational Psychology annual conference held in Liverpool. Four of the key takeaways from the event deal with issues such as the right to disconnect when working from home – a right recently enshrined in law in France, the way different personality types deal with emails, the toxic relationship between employers and employees and even how managers can learn to show their staff more love. The focus at teh event underlines a growing awareness of the complexities of our new relationship with work and workplaces.

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The Winter 2016 issue of Work&Place is available now

The Winter 2016 issue of Work&Place is available now 0

by • Architecture, Case studies, Facilities management, Flexible working, Premium Content, Technology, Work&Place, Workplace, Workplace design

wp8-cover-artThe Winter 2016 issue of Work&Place is now available to view online. In this edition… Neil Usher, Workplace Director at Sky offers a first hand account of the story behind the firm’s remarkable new offices at the Osterley campus in London; Kate Langan explores some of the implications of the growing digitisation of the workplace; Jim Ware looks at how the challenge of creating effective meeting spaces is now a strategic concern; John Blackwell tries to make sense of falling productivity levels when we have all the tools and know how to increase it; David Woolf makes the case for designing better collaborative spaces; Mark Eltringham looks forward to an almost entirely unpredictable future for workplaces in the 21st Century; and Karen Plum and Andrew Mawson set out the factors that drive knowledge worker productivity. The PDF edition is available to view and download here. Or view online here.

Green buildings help you to think and sleep better

Green buildings help you to think and sleep better 0

by • Environment, News

green buildingsA new study from researchers at Harvard claims to establish a link between those standards for green buildings with an indoor environmental quality (IEQ) component and the wellbeing and productivity of employees. The study, The impact of working in a green certified building on cognitive function and health, has been published in the journal Building and Environment. Based on a study of 109 subjects in ten ‘high performing’ buildings compared to staff from the same firm in uncertified buildings, it found that respondents enjoyed a 26.4 percent uplift in cognitive performance, a 6.4 percent increase in sleep quality and 30 percent fewer symptoms. The accreditations used in the study were LEED New Construction 2009, Green Star Office v3, BREEAM New Construction 2012, BCA Green mark for new non-residential buildings v4.1 2013, and DGNB New Office v2012

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Commuting woe will drive uptake of flexible working in 2017, claims study

Commuting woe will drive uptake of flexible working in 2017, claims study 0

by • Flexible working, News

london-commuters-commutingAs more rail strikes grip the South East of England, a new study from Regus suggests that commuters are increasingly frustrated by the sheer tedium and disruption of getting to work in the first place and would like to adopt more flexible working practices as a result. In a study of 1,700 UK professionals carried out by the serviced office provider, 58 percent of respondents said they are looking to ‘work remotely in order to improve their travel schedule’ next year. The study cites recent reports which estimate that today’s average UK commute takes anywhere from 55 to 90 minutes with more than 3 million workers regularly facing journeys of two hours plus to get to and from work. Research has found that the commute has a detrimental effect on wellbeing, with the Office of National Statistics reporting that commuters have lower life satisfaction, lower levels of happiness and higher anxiety.

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Book review…. HQ:Nerve Centres of the World’s Leading Brands

Book review…. HQ:Nerve Centres of the World’s Leading Brands 0

by • Case studies, Comment, Workplace design

primark-cropSome people would have you believe that the office is dying out. But the absolute dead giveaway that it is not is the creation of tech enclaves and palaces around the world that exists solely to bring lots of people to work together in real space and real time. Some of these buildings are presented in a new book called HQ: Nerve Centres of the World’s Leading Brands from Irish publishers Roads (link is to Amazon but please try to order from a local bookshop if possible). The high tech homes of the likes of Google, Facebook, Microsoft and Vodafone are presented alongside similar examples from eight other business sectors: Finance, Retail, Motoring, Media, Drinks, Fashion, Sport and Design & Innovation.

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Are these the best places to work in 2017?

Are these the best places to work in 2017? 0

by • News, Workplace, Workplace design

1_expediaRecruitment site Glassdoor has announced the winners of its ninth annual Employees’ Choice Awards to find the best places to work in North America and parts of Europe. The Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review, about their job, work environment and employer over the past year. This year, the Glassdoor Employees’ Choice Awards feature six categories, honouring the Best Places to Work across the UK, US (both large and small companies), Canada, France and Germany. There is one category in the UK: 50 Best Places to Work (honouring employers with 1,000 or more employees). Winners are ranked based on their overall rating achieved during the past year.  The top five UK Best Places to Work in 2017 are Expedia, ARM, HomeServeUK, Mott MacDonald and Hays plc

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Brexit could lead to a freeze of over a third of UK commercial property investment

Brexit could lead to a freeze of over a third of UK commercial property investment 0

by • News, Property

22-Bishopsgate_London_PLP-Architecture_Hayes-Davidson_dezeen_936_0 (1)The unexpected political events of 2016 will lead to a rise in caution and risk aversion among real estate investors in 2017, making secure income streams more highly prized among core investors globally. This is expected to benefit the UK market, where high levels of transparency and stable legal structures make real estate a safety play, according to a report from real estate advisor Savills. The firm unveiled its predictions for UK real estate at its annual cross-sector briefing this week, taking a detailed look at the commercial property, residential and agricultural markets. The overall story for UK real estate is one of slower growth. In the commercial market, average total returns on UK property investments are likely to be approximately 5.6 percent per annum during 2017-2021, with a 1.6 percent five year capital growth forecast for office values and a 4.4 percent growth forecast for office income returns. The report claims that there will be a fall of around 30 to 40 percent overall, and possibly up to 50 percent in Central London.

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Business as usual for recruitment and retention in post-Brexit Britain … for now

Business as usual for recruitment and retention in post-Brexit Britain … for now 0

by • Comment, Flexible working, Legal news, Workplace

BrexitOn 24 June 2016 Britain voted for Brexit. The shock (and narrow) victory caused country-wide concern among the 48 percent of the voting public that favoured remain – apprehension seemingly justified by the immediate weakening of the pound, Cameron’s resignation and the start of ongoing political in-fighting. Speculation over job losses and potential hiring freezes added to a general sense of uncertainty, leaving some UK workers fearing their job security. Since then however, recruitment experts have somewhat softened their predictions for the UK job market as recent reports of month-on-month vacancy growth and record high employment rates have served to inspire confidence.  Five months on, how has job applicant sentiment changed in the UK since the EU referendum vote? And what does this mean for businesses hiring in post-Brexit vote Britain? As part of our ongoing tracking of candidate confidence levels in the job market and their career prospects we analysed the responses of almost 28,000 job applicants across the UK and Republic of Ireland – from all ages, experiences and sector disciplines – to gauge how perspectives might have changed pre- and post-Brexit.

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