Search Results for: management

Status seeking drives non-executive directors to outstay effectiveness

Status seeking drives non-executive directors to outstay effectiveness

by • Business, News

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholdersLong-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and strategic performance. More →

Sustainable offices attract higher service charges

Sustainable offices attract higher service charges

by • Environment, Facilities management, News

The most efficient and sustainable offices attract higher than average service charges, a new report claimsOffice buildings with the highest efficiency and sustainability ratings tend to have higher than average service charges, a report from accountancy and business advisory firm BDO claims. The firm’s latest benchmarking report suggests that offices with an ‘outstanding’ or ‘excellent’ Building Research Establishment Environmental Assessment Methodology (BREEAM) certification had total service charge costs that were 26 percent higher than the other offices it surveyed. Meanwhile, total service charge costs were 6 percent higher for sustainable offices with an Energy Performance Certificate (EPC) rating of A or B compared to all other offices. More →

Attendance registration opens for 55th NeoCon

Attendance registration opens for 55th NeoCon

by • Company news, Events

Plans are taking shape for the 55th edition of NeoCon (held June 10-12 at THE MART, Chicago), the world’s leading platform for commercial space designPlans are taking shape for the 55th edition of NeoCon (held June 10-12 at THE MART, Chicago), the world’s leading platform for commercial space design, as show management announces a power-list of thought-provoking speakers, dynamic activations, best-in-class brands, and the newest movers and shakers impacting the built environment. The three-day event offers unparalleled opportunities to connect, learn, and experience the latest trends and innovations across verticals, from office to healthcare. More →

Half of UK businesses expect 2024 to be easier than 2023

Half of UK businesses expect 2024 to be easier than 2023

by • Business, News

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 –  businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →

Of mice and men

Of mice and men

by • Comment, Flexible working, Technology

What humble computer mice can tell us about the way we now work. Or how the law of unintended consequences applies to hybrid workersThe history of the humble computer mouse dates back to the 1960s and engineer Douglas Engelbart’s work on improving the way people and computers interact. He initially called the device he envisaged a ‘bug’ but the first prototype he created with Bill English was so unmistakeably a rodent that there was only one thing they could have called it. If only they had settled the question of whether the plural was mouses or mice. More →

Hefty fine for Amazon has implications for employee surveillance policy

Hefty fine for Amazon has implications for employee surveillance policy

by • News, Technology, Workplace

Recent advancements in employee surveillance technology and the rise in remote working have led to employers now having both the ability and the excuse to look over employees’ shouldersThe French data protection watchdog CNIL has fined Amazon France Logistique €32m, equivalent to 3 percent of the entity’s annual turnover, approaching the maximum permitted level of 4 percent. Describing Amazon’s employee surveillance as “excessive”, the regulator also cited instances where the monitoring of staff was found to be outright illegal, by breaching the General Data Protection Regulation (GDPR). More →

Life at the coalface: How the agile workplace first appeared in the mid 20th Century

Life at the coalface: How the agile workplace first appeared in the mid 20th Century

by • Comment, Wellbeing, Workplace design

agile working began in the coal fields of NottinghamshireThe idea of diffusion of innovation has become so embedded in our culture, and most recently so associated with the adoption of new technology, that we might assume it happens in predictable ways. The steps between innovators, early adopters, early majority, late majority, and laggards seem intuitive and certain even when their peaks might be unsure. And yet history teaches us that sometimes new ideas can take years or even decades to take hold, even when they are potentially world-changing and relevant for the era in which they were formulated. More →

New RIBA guidance sets out to demystify smart building technology 

New RIBA guidance sets out to demystify smart building technology 

by • Architecture, News, Technology

The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. The Royal Institute of British Architects (RIBA) has published its Smart Building Overlay to the RIBA Plan of Work. Developed with ScanTech Digital, Glider Technology, Kier and Hoare Lea, RIBA says this free resource will support anyone involved in the design of newbuild, retrofit or refurbishment projects to implement smart building technology. The Smart Building Overlay introduces smart building terminology and outlines the benefits of embedding smart building technology from the outset. Its principles can be applied to projects of all scales and scopes. More →

Underutilised office space? I just can’t be bothered with it

Underutilised office space? I just can’t be bothered with it

by • Comment, Flexible working, Workplace design

A while ago, Antony Slumbers asked me why I thought firms had never done anything much about the underutilisation of their offices. This was in the first throes of lockdown-driven remote work hysteria, prompted by one of those headlines about how offices being half empty was some signifier of hatred for them.

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Return to office mandates linked to higher business travel costs

Return to office mandates linked to higher business travel costs

by • Flexible working, News, Technology

a key finding in new research by Uber for Business  which claims to reveal a resurgent demand for business travelThe majority of UK travel managers (89 percent) say travel is a growing business priority in 2024, anticipating increased budgets driven by return-to-office policies, inflation and ESG requirements. This is a key finding in new research by Uber for Business  which claims to reveal a resurgent demand for business travel. The research, drawing insights from over 250 corporate travel managers across the UK, sets out to explore the top business travel trends and challenges to watch in 2024. In this landscape of shifting dynamics, where emphasis on ESG requirements is intensifying, there is an increasing need for innovative travel management solutions, the firm says. More →

RIBA issues new guidance on including more people in decision making on buildings and places

RIBA issues new guidance on including more people in decision making on buildings and places

by • Architecture, Facilities management, News

One of the regular, longstanding gripes of our publisher Mark Eltringham (there are many) is that architects don’t particularly like non-architect folk having any sort of opinion on what they do. You can read him banging on here (ten years ago!) and elsewhere about the problems architects have with muggles. Now the Royal Institute of British Architects (RIBA) has pulled a rabbit from the hat by publishing new guidance to ensure that stakeholder engagement is considered, when appropriate, at every stage of planning, designing and constructing buildings and places. It remains to be seen what the rank and file make of this and what it means by ‘when appropriate’. More →

Age gaps between colleagues linked to lower productivity

Age gaps between colleagues linked to lower productivity

by • News

Employees who are much younger than their managers report lower productivity than those closer in age due to a lack of collaboration between employees of different generations, according to new research from the London School of Economics and Political Science (LSE) in collaboration with consulting firm, Protiviti.  An external survey conducted by LSE of 1,450 employees in the finance, technology and professional services industries in the UK and USA, found that friction between different generations was driving down productivity and that firms need to develop intergenerationally inclusive work practices. More →

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