Search Results for: management

CoreNet report sets out how technology will reshape corporate real estate

CoreNet report sets out how technology will reshape corporate real estate 0

Workplace technologyThe speed of today’s technological advances is dramatically reshaping the way that corporations manage and use their real estate. It’s a dynamic that has significant consequences for the workplace, urban development and the overall lifestyle of the average worker. Those are the unsurprising conclusions of a new report from trade association CoreNet Global, which was discussed this week at the organisation’s 2016 Summit – EMEA, held in Amsterdam. As ever, the devil is in the detail so the report is worth exploring to get a sense of just how imminent many of the changes will be, especially because they will converge to create a perfect storm of change for the workplace. This marks the new era out from the past when technology developed in more predictable ways. Several CoreNet Global Gold Strategic Partners contributed to the report including CBRE, Deloitte, ISS, JLL, Newmark Grubb Knight Frank, Sodexo and Steelcase.

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Career advancement opportunities help attract and retain staff

Career advancement opportunities help attract and retain staff 0

US female executiveThree in 10 US employees say they are likely to leave their employer within the next two years as employers continue to experience difficulty with attracting and retaining staff. According to the Global Talent Management and Rewards Survey, from Willis Towers Watson roughly half of employers are experiencing difficulty attracting critical-skill employees, top performers and high-potential employees. More than a third of respondents reported challenges in retaining high-potential employees (37 percent), top performers (36 percent) and critical-skill employees (35 percent). The firm’s Global Workforce Study identified advancement opportunities as key. Over a third (36 percent) cited opportunities to advance as a key reason to join a company and to leave (45 percent). However, only four in 10 (41 percent) indicated their employer does a good job of providing advancement opportunities, while nearly half (47 percent) said they would need to leave their organisation to progress.

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Office property sector leads global real estate market in sustainability

Office property sector leads global real estate market in sustainability 0

global-sustainabilityThe global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

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Acas issues guidance for line managers on how to run effective teams

Acas issues guidance for line managers on how to run effective teams 0

Business team at a meetingThe transition from team member to manager can be a challenge. Well trained front line managers are crucial for business performance but need the right tools to help them do their jobs says workplace experts Acas, which is calling on small businesses and larger companies to use its new guidance to ensure that staff are equipped to manage and care for their teams. The new guide highlights leadership, people management and strong organisational skills as three key areas for team leaders. It advises the managers should know how to build trust and respect with their teams, listen to their concerns and ideas. They should also learn how to manage tricky situations with people; for whether it’s staff members having family problems, two colleagues accusing each other of bullying, or jealousy in a team over nominations for training and bonuses. A good manager should also be effective at planning team work, rotas, budgets, and balancing their own time.

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Working from home just as unproductive and frustrating as working in an office

Working from home just as unproductive and frustrating as working in an office 0

working from homeIt’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

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New report sets out four key challenges for the workforce of the future

New report sets out four key challenges for the workforce of the future 0

Future of WorkA new report from The Future Laboratory and UBS Wealth Management claims to identify the key factors that will drive workplace change in the near future. According to The Future of the Workforce report, the next two decades will see the way we work completely reshaped by forces such as artificial intelligence and an increasingly multigenerational workforce. The report claims that the entry of more Millennials into the workplace, their differing values to older workers, a growing propensity to turn freelance and the dissolution of the old bonds of loyalty could mean that employers struggle to create a strong culture. The report also claims that there will be a growing emphasis on the provision of wellness programmes, driven partly by growing demand from employees as well as a greater focus on improving productivity from employers. It also suggests that employers need to act to remove any biases they may have to appeal to the values of the new generation of workers.

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Addressing the five negative influences on organisational culture

Addressing the five negative influences on organisational culture 0

Organisational cultureOrganisational culture should represent a clear vision from a firm about its very nature and identity as well as its values. A culture one that everybody within the organisation should understand and share. But this is not always the case as a growing number of firms are discovering to their cost. According to a paper published last year by Deloitte University Press, only 12 percent of employees believe their company is effective at driving their desired culture. Another study from employee feedback software provider Stackhands, around two thirds of people (64 percent) feel they do not have a strong work culture within their organisation. Even so, whether people are aware of it or not, their company has its own culture. Without direction and positive influences, negative factors can take hold, shaping culture in a way that can become harmful for a business. These elements can hinder your company’s development of an effective culture:

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US Millennials ‘martyred’ behaviour helps drive culture of presenteeism

US Millennials ‘martyred’ behaviour helps drive culture of presenteeism 0

Millennial presenteeismAs the school holidays draw to a close, those Brits who’ve enjoyed their annual two-week holiday break will probably have squirreled away some days to take them through to the end of the year. Not so easy for the average US worker who earns on average just ten paid vacation days per annum, for each year of service. According to a survey carried out last year, many Americans even fail to take that allocated leave for fear of being seen as slacking. And now a new piece of research claims that far from breaking this tradition of presenteeism, US Millennial workers are the most likely generation to forfeit time off, even though they earn the least amount of vacation days. These findings, from Project: Time Off’s new report, The Work Martyr’s Cautionary Tale: How the Millennial Experience Will Define America’s Vacation Culture suggest that Millennials stay at work because they feel more fear and greater guilt about taking time away from the office than any other generation.

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Over a third of office workers complain about poor air quality

Over a third of office workers complain about poor air quality 1

Poor air qualityAlmost 70 percent of office workers believe poor air quality in their place of work is having a negative effect on their day-to-day productivity and wellbeing, claims a survey commissioned by the Building Engineering Services Association (BESA); and a third of workers are concerned that poor air quality could be having a negative effect on their health. Opening windows is the most commonly used form of ventilation with 60 percent of workers saying it is the first thing they do if they need fresh air. However, although this is seen as a natural response, opening windows runs the risk of further polluting the working environment by letting in outdoor toxins, the survey claims. Given that we spend 90 percent of our time indoors and on average, 212 days a year at work, BESA has called on firms, managers and employees to ensure proper, effective, well maintained ventilation systems are operating in all offices across the UK.

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Employers must lose ‘stiff upper lip’ culture to promote workplace wellbeing

Employers must lose ‘stiff upper lip’ culture to promote workplace wellbeing 0

WellbeingA ‘stiff upper lip’ attitude towards wellness by UK bosses needs to change in order to advance employee wellbeing, argues a survey by Bupa. It is business leaders who are the key to overcoming the challenges facing employees’ health and wellbeing, it claims. The vast majority (94 percent) of those questioned believe there will be significant change in the employer-employee relationship in the next ten years. 91 percent of business leaders agree that technology will continue to impact the wellbeing of their workforce over the next decade and 71 percent agree the standard 9am-5pm working day is a thing of the past. Seven in ten (68 percent) noted a ‘stiff upper lip attitude’ at executive level, creating barriers to conversations about wellbeing, and three fifths (62 percent) of leaders think they need to show that they don’t suffer from ill health.

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Uncompromising job candidates’ demands don’t include flexible work

Uncompromising job candidates’ demands don’t include flexible work 0

New job searchJob candidates are becoming more demanding claims a new survey, with three quarters (79.2 percent) of UK workers polled not willing to compromise on certain areas when looking for a new role. Unsurprisingly, 18.2 percent say that a low advertised salary would put them off a role entirely, but other less tangible issues would also dissuade them from pursuing an application. This includes unclear job descriptions (20 percent) and a long recruitment process (10.2 percent); while 7.8 percent revealed that poor communication throughout the recruitment process would drive them away from a company. The research, which was conducted by CV-Library, surveyed 1,000 UK workers and found that candidates are growing increasingly impatient with their job hunt. Other key deterrents cited were poor traits about the businesses themselves, including a bad reputation (9.5 percent), a high staff turnover (7.1 percent) and poor management (6.1 percent).

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The behaviour of managers is increasing workplace stress, claims study

The behaviour of managers is increasing workplace stress, claims study 0

workplace stressManagement behaviour is contributing to rising workplace stress levels with employees blaming their own bosses for adding to the pressures they feel, a new study of 1,200 people by MetLife claims. The study suggests that 69 percent of employees say that the behaviour of managers in their organisation has increased stress and that the rising stress is having a major impact on company performance. Around 45 percent of employees say that stress caused by management has led to staff in their organisation taking extended time off.  This in turn increases costs and affects productivity as well as impacting other workers who take on an increased workload. Government data estimates that around 35 percent of all work-related ill-health is caused by stress and that stress accounts for 43 percent of all working days lost to ill-health – the equivalent of 9.9 million working days a year at an average of 23 days per case.

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