Search Results for: performance

Moderate stress levels can enhance performance, claims new research

by • Knowledge, News, Workplace

StressA new research project conducted jointly by the University of Reading and Ashridge Business School claims that managers can perform better and make better decisions when they are exposure on a regular basis to stressful situations. The research applied principles from the science of neurobiology in measuring changes in the heart rates of 350 managers aged from 26-55 to analyse their performance under pressure. All of the participants in the research were current students on an Ashridge management course who took part in simulated high-pressure executive situation, such as conflict resolution, high-level decision-making and handling difficult employees and conversations. Their physical and psychological responses were continually monitored over two days, including sleep patterns, heart rate and psychometric tests.

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BCO report claims to reveal link between green offices and business performance

by • Environment, Facilities management, News

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A new report from the British Council for Offices claims that building owners could enjoy significant savings in their operating costs of up to £50 per square metre as well as improved staff productivity  and wellbeing by investing in environmentally friendly offices and work practices. The research, Improving the Environmental Performance of Offices claims to illustrate the benefits of energy efficient offices and highlight the positive impact they can have on employee productivity. The report calls on building occupiers to focus on key areas such as benchmarking and monitoring their energy usage. The BCO believes there is already a shift in attitudes towards a greater understanding of how offices actually perform environmentally rather than simply how they are designed and that more and more businesses are waking up to specific issues such as how much energy their buildings use outside of office hours. (more…)

Businesses missing the potential of property to benefit performance says BCO

by • Facilities management, News, Workplace design

Organisations need to unleash potential for property to benefit performance

The UK spent an estimated £28.5 billion on offices in 2012 – outstripping business expenditure on legal services (£24.3bn), accounting (£14bn) and insurance services (£23.8bn). Yet despite this, nearly three fifths (57%) of 250 senior executives from large organisations in a recent poll said property issues are not regularly discussed in the boardroom and responsibility for property is still likely to fall outside management teams. The research, carried out by the Centre for Economics and Business Research (Cebr) and Populus, found businesses take a very cost-centric view towards the workplace. Although almost three-quarters of organisations were constantly analysing and assessing whether their space is being used efficiently, cost was still found to be the most important factor in assessing the office’s performance (73%). (more…)

RICS’ new FM Guidance Note aims to improve business performance

by • Facilities management, News, Property

RICS launches guidance note to improve business performanceThe Royal Institute of Chartered Surveyors has launched a global guidance note which can help facilities and estates managers increase efficiency and drive up profits across business. The Global Strategic Facilities Management (FM) Guidance Note is aimed at facilities managers and corporate real estate professionals overseeing the running of commercial property worldwide, providing recommendations on developing, implementing and evaluating a strategic plan for the running and servicing of individual buildings and property portfolios. The note is also accessible for clients and consultants by providing them with a clear picture of the best practice methods that should be implemented in the running of buildings in order to boost organisational performance. (more…)

New guidance for designers on bridging energy performance gap

by • Environment, Facilities management, News, Workplace design

Evaluating operational energy performance of buildings at the design stage

So-called “low energy buildings” are increasingly being found to use more energy than their designers thought they would, with the performance of low energy designs often little better, and sometimes worse, than that of an older building they have replaced, or supplemented. This difference between expected and realised energy performance has come to be known as the “performance gap”.  To help address this problem, the Chartered Institution of Building Services Engineers (CIBSE) has just issued new guidance on how to address operational energy use at the design stage. ‘TM54: Evaluating operational energy performance of buildings at the design stage’ is now available from the online CIBSE Knowledge Portal. (more…)

Personalised design and office plants proven to boost wellness and performance

by • Facilities management, News, Workplace, Workplace design

Personalised design coupled with office plants boost well-being at workAllowing staff to make design decisions in a workspace enhanced with office plants can increase wellbeing and wellness by as much as 47 per cent, increase creativity by 45 per cent and increase productivity by 38 per cent, new research has revealed. Visitors at this year’s Chelsea Flower Show were challenged to take part in the study which measured their creativity, happiness and productivity as they experienced a range of different workspace designs. The findings, which would be expected to translate to a significant increase in business profitability, confront the popular belief that plants and art are an unnecessary or even wasteful element of the business environment. Results from this and related scientific investigations indicate that across all measures of psychological comfort and business performance, the managerially popular flexible, controlled, lean office, is consistently inferior to a space enriched by the design decisions of people who work there.

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Consultation opens on facilities management to ‘enhance organisational performance’

by • Facilities management, Knowledge, News, Property

Consultation opens on 'managing facilities to enhance organisational performance’

Facilities and property managers worldwide are being asked to help shape a ‘Strategic Facilities Management Guidance Note’. Once established, the note – spearheaded by a RICS-led working group – aims to help drive professionalism and enable benchmarking across the sector by creating greater consistency in the delivery of FM services. The guidance forms a key part of RICS’ wider campaign to improve understanding and recognition from businesses for the performance efficiencies that strategic FM can deliver. The call for global feedback follows RICS’ initial UK consultation last year which has resulted in the publication of the draft guidance, ‘Managing facilities to enhance organisational performance’.

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Workplace wellness initiatives improve job morale, satisfaction and performance

by • Knowledge, News, Workplace

It emerged this week that workplace wellness programs may not be as effective as previously thought in creating a healthier workforce and, of particular relevance for US firms, reducing health-care costs, but another US study paints a more positive picture. While concurring that determining the bottom-line impact of wellness programs continues to be a challenge for employers, this latest study does find a strong link between the wellness and vitality of an organisation and the health and wellness of its employees, which impacts directly on employees’ increased job morale, satisfaction, commitment and performance. The survey of approximately 1,300 businesses and 10,000 employees conducted by Virgin HealthMiles, Inc.  found that workers also place a premium on the culture of wellness with 87 per cent claiming that health and wellness initiatives play a role in determining their employer of choice. (more…)

Companies are adopting AI more quickly than their staff can adapt

Companies are adopting AI more quickly than their staff can adapt

by • AI, News, Workplace

Adecco has warned that companies are accelerating the adoption of artificial intelligence faster than they are preparing their workforces for the changeAdecco has warned that companies are accelerating the adoption of artificial intelligence faster than they are preparing their workforces for the change, according to a new global study of senior business leaders. The report, The Human Premium: Leadership Beyond the Algorithm, is based on a survey of 2,000 executives across 13 countries whose organisations collectively employ more than 8.6 million people. It highlights what Adecco describes as a growing gap between AI ambition and organisational readiness. (more…)

Corporate real estate strategy will be defined by resilience now, report suggests

Corporate real estate strategy will be defined by resilience now, report suggests

by • News, Property

Resilience, not scale or speed, will define the next phase of corporate real estate strategy across EMEAResilience, not scale or speed, will define the next phase of corporate real estate strategy across EMEA, as occupiers face a convergence of pressures reshaping how and where they operate. A new report from Colliers, Building Resilience: 5 Megatrends Redefining Corporate Real Estate, identifies five long-term megatrends – AI-enabled workforces, demographic shifts, energy scarcity, climate risk and a shifting global order – that are fundamentally changing how organisations choose locations, design workplaces and manage risk. While the full impact will play out over time, many companies remain underprepared for the scale of disruption. (more…)

The new leadership imperative: from decision makers to experience makers

The new leadership imperative: from decision makers to experience makers

by • Business, Comment, JB

the leaders who truly make change stick aren't just making decisions, they are making experiences and those two things are very, very different.Ask most leaders what their job is, and they’ll tell you: to make decisions, to set direction and to drive results. They are not wrong but they are also not telling the whole story about leadership. Here’s what 25 years of working with organisations through some of their most complex transformations has taught me: the leaders who truly make change stick aren’t just making decisions, they are making experiences and those two things are very, very different. (more…)

The qualities that get managers promoted are the reasons people don’t like them

The qualities that get managers promoted are the reasons people don’t like them

by • Business, News

A new report from Hogan Assessments suggests that the qualities helping managers rise through organisations may be very different from those employees believe make effective leaders. The study, The Leadership Divide: Global Insights on Who Leads vs. Who Should [registration], found no overlap between the characteristics most commonly associated with senior executives and the qualities employees say they value in managers. Hogan analysed personality assessment data from more than 21,000 executives and surveyed 9,794 employees across 25 countries. The findings indicate that executives are often distinguished by confidence, competitiveness, visibility and self-promotion, while employees place greater importance on communication, integrity, accountability and decision-making. (more…)

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