Search Results for: opportunities

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 9, 2017

Number of CEOs with technical background grows to meet demands of digital economy ⁰

by Sara Bean • News, Technology, Workplace

The number of CEOs from a financial background is falling as firms put more sway into technology skills, a new report claims. The annual Robert Half FTSE 100 CEO Tracker shows that in the last four years the number of CEOs with a technology background trebled as businesses prepare to compete in an increasingly digital economy. In 2014, only three CEOs had a background in technology while today this number has increased to 11. There is a also a generational shift occurring in the FTSE 100, with just eight CEOs under the age of 50 on the FTSE 100, a quarter less than in 2010 when there were 33 CEOs under the age of 50. The typical age of a CEO is 55 years old and the average tenure is five years and two months. While a majority of CEOs still have a background in finance, this figure has fallen to 43 percent from 55 percent last year and the lowest level in three years. Of those CEOs with a financial background, nearly half (19 percent) are Chartered Accountants.

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May 5, 2017

IFMA and RICS unveil combined qualifications platform ⁰

by Neil Franklin • Facilities management, News

The collaboration between IFMA and the Royal Institution of Chartered Surveyors (RICS) is, for the first time, offering a combined suite of credentials and professional qualifications for facilities management in a single, online academy platform at www.fm.training. IFMA and RICS first launched the platform in December 2016 as an initial step toward ‘leveraging the combined authority of two of the world’s premier built environment professional organisations for the support of FM education and career advancement’. IFMA centralised its professional credential training — the foundational Facility Management Professional, the targeted Sustainability Facility Professional and the Facility Management Learning System, which supports learning for the Certified Facility Manager certification — on the academy in early April. Now, RICS has added the final critical piece of the IFMA-RICS suite of credentials and professional qualifications to the platform: the internationally recognised AssocRICS and MRICS professional designations.

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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 26, 2017

BCO launch new research project into health and wellbeing in offices ⁰

by Sara Bean • News, Wellbeing, Workplace design

A major research study into Health and Wellbeing in offices has been launched by the British Council for Offices (BCO). “Wellness Matters: Health and Wellbeing in offices and what to do about it” is a year-long project which aims to provide definitive guidance on how to enable office Health and Wellbeing across a building’s lifecycle. The major research study has been commissioned to critique existing Health and Wellbeing measurement and certification, identify the most recent and relevant medical evidence justifying a proactive approach to Health and Wellbeing in the built environment, and give guidance on the business case for investment in this space beyond simply improving productivity. Most significantly, this research aims to deliver a practical guide to creating a healthy environment across the different stages of a building’s life cycle, from design, construction and leasing to the most important aspect by time and value: occupation and asset management.

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April 25, 2017

Over a quarter of employees don’t think they’ve acquired the skills to do their job ⁰

by Sara Bean • News, Workplace

Four in 10 employees (39 percent) feel they are not well managed at work and are out of their depth in their roles, and 26 percent of employees don’t believe they have the right skills or experience to do their job properly in the first place, a new report claims. The research by recruitment firm, Robert Half UK also found that nearly one in five employees (18 percent) are not clear of what is expected of them at work. The research shows employees want better management and guidance from their bosses, particularly as they progress in their careers. Employees currently feel they have more support and training early on in their careers, with 71 percent of 18-34 year olds, claiming they are well managed. In comparison, just over half (56 percent) of 55+ year olds feel the same. To resolve this, managers need to set out clear expectations, offer regular training and opportunity for assessment, while employees also need to assume responsibility and ask for help.

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April 24, 2017

Many workers believe AI and automation will increase employment and flexible working ⁰

by Neil Franklin • Flexible working, News, Technology

A new study from Adecco suggests that a large number of employees have a generally positive attitude towards technology in the workplace with many seeing it as increasing employment opportunities and nearly half believing that the advent of artificial intelligence and automation will enable a greater uptake in levels of flexible working. According to the Humans vs Robots report, two-thirds (65 percent) of employees believe that overall, technology has actually increased the number of jobs available to them, 54 percent believe that advances in technology will continue to create more jobs than it destroys over the next decade, 48 percent think AI will positively benefit them, by helping them to work more flexibly and a large majority of workers (87 percent) think that computers will make their role easier within the next ten years

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April 24, 2017

Commercial property lenders should drive sustainability through financial innovation ⁰

by Mark Eltringham • Environment, News, Property

The commercial real estate finance sector is witnessing a dramatic shift in attitudes towards the issue of sustainability, according to a new report from the Better Buildings Partnership. It claims that major commercial property lenders are already exploring new opportunities that go well beyond traditional risk management through sustainability initiatives that ‘drive new business, strengthen customer relationships and improve the data they hold on the buildings in which they have underwritten’. The report, Beyond Risk Management: How sustainability is driving innovation in commercial real estate finance, is sponsored by CREFC Europe, GeoPhy, ING Bank and Lloyds Bank Commercial Banking, and claims to reveal pioneering examples of how lenders are incorporating sustainability into their core business activities.

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April 21, 2017

Governments need to address perfect storm of low wages, productivity and automation ⁰

by Mark Eltringham • News, Technology

Governments need to act now to address issues such as productivity, automation and stagnating or falling wages, according to two new reports from the International Monetary Fund (IMF). In both its Spring global policy agenda and world economic outlook, the IMF claims that workers are subject to a perfect storm of factors that will destabilise their jobs and lives unless governments implement robust policies to help them work more flexibly, acquire new skills and work alongside the new generation of automated technologies instead of in competition with them. Addressing the issues in a speech last week, IMF managing director Christine Lagarde said that governments need to create a new economic and social architecture that allows everybody to take advantage of the opportunities offered by technology and the current growth in the world economy.

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April 20, 2017

Apple granted permit to trial driverless cars in California ⁰

by Neil Franklin • Flexible working, News, Technology

Apple has been given permission to test a range of driverless cars in California. The state’s Department of Motor Vehicles has awarded a permit for the company to start testing its self-driving car technology on public roads, ending a period of speculation about its plans for the autonomous technology. The permit covers three vehicles, which will be 2015 Lexus RX 450h hybrid SUVs, and six individual drivers. However, the plan does not seem to suggest that Apple will become a car maker any time soon and instead will focus on the development of the technology itself rather than the hardware.

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April 19, 2017

Jobs should be redesigned to improve wellbeing ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace design

It’s not just the nascent fourth industrial revolution that is challenging our traditional views of work, but also the growing realisation that we could be doing things so much better anyway. The author Douglas Coupland and the World Economic Forum are already holding conversations about the fundamental issues with work and how we go about it. At the heart of this is the very design of jobs and what it means for us and our wellbeing. Only 28 percent of people in the UK are highly satisfied with their jobs, and yet, estimates suggest that an adult in work would spend an average of 57 percent of their waking hours working. A new international study from the University of East Anglia and the What Works Centre for Wellbeing based on a review of 4,000 pieces of research claims to show why organisations often fail to improve staff wellbeing. It suggests that employees should be encouraged to design their own jobs, and find ways to help managers better understand their concerns.

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April 18, 2017

Despite Brexit, UK remains most attractive commercial real estate market ⁰

by Neil Franklin • News, Property

The UK remains the preferred region to invest in commercial real estate despite seeing a slight dip in popularity since Brexit, according to the latest BrickVest commercial property investment barometer. In March 2017 nearly one in three (30 percent) selected the UK as their preferred commercial real estate investment location, down slightly from 31 percent in March 2016. BrickVest’s quarterly survey of 3,000 investors found that a quarter (25 percent) of respondents favour Germany as their second location of choice for commercial real estate opportunities, the same as last year. Less than one in five (18 percent) selected the US which represents a fall from 21 percent last year. The same number (18 percent) also selected France although this is an increase from 14 percent in 2016.