Search Results for: productivity

Four UK cities ranked in Europe’s top ten most attractive locations for businesses and employees

Four UK cities ranked in Europe’s top ten most attractive locations for businesses and employees

by • Cities, News

London has been ranked as Europe’s most attractive city for businesses and employees for second year running according to Colliers International’s latest European Cities of Influence report, which reviews and ranks cities based on their occupier attractiveness, availability of talent, and quality of life factors alongside economic output and productivity; Paris, Madrid, Moscow and Birmingham making up the rest of the top five. The report claims that the UK remains a highly desirable destination for capital and occupiers, largely driven by its ‘magnetism as a centre of diverse high-quality service sector talent’, which is in turn is helping to drive economic output and productivity. Other UK cities which score in the top 10 include Birmingham (5th), Edinburgh (7th) and Manchester (10th).

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Schools aren’t doing enough to prepare children for collaborative working life

Schools aren’t doing enough to prepare children for collaborative working life

by • Flexible working, News

schools and working lifeNew research from the organisers of UC EXPO claims that just 44 percent of British people believe that the current school curriculum does enough to provide students with the collaboration skills they need for modern working life. According to the study of 2,000 respondents carried out in February of this year, 70 percent of the UK workforce already believes that collaboration is very important in the work environment. But just over half (51 percent) either never collaborated or collaborated infrequently in school, and 37 percent stated that collaboration wasn’t an important focus of their education.

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About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

by • Comment, Coworking, Flexible working, Workplace design

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, they have become the automatic default options. But there is another equally successful business targeting the corporate space, aimed particularly at small businesses and millennial tech start-ups: WeWork. Just like Uber and Airbnb, it is less than a decade old. In that time, WeWork’s ambition of being the world’s leading coworking company has been realised. Championing itself as a disruption revolutionary, it has succeeded more prosaically by ‘creating environments that increase productivity, innovation, and collaboration,’ according to its website. WeWork’s model involves renting office space cheaply via long-term lease contracts. Small units are then re-rented at higher rates to start up companies which are happy to pay a premium because they need very little space.

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Automation will lead to greater inequality rather than job losses

Automation will lead to greater inequality rather than job losses

by • AI, News, Technology

The total level of wages associated with jobs that have the technical potential to be automated in the UK is £290 billion per year, which represents 33 percent of all wages and earnings from labour in the economy, according to a new report published by IPPR  for the IPPR Commission on Economic Justice. The report further claims that low-wage jobs have more potential to be automated than high-wage jobs and so it’s not just automation’s impact on the number of jobs that need to be considered but the impact on inequality. If automation leads to lower average wages or working hours, or loss of jobs in aggregate, a significant amount of national income could be transferred from wages to profits. And while increased automation of activities will replace some workers and labour earnings, employment and wages will rise in other areas of the labour market due to higher output and productivity, offsetting some of the original £290 billion lost but increasing pay inequality.

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Standing desks may not be the wellbeing panacea we’ve been led to believe

Standing desks may not be the wellbeing panacea we’ve been led to believe

by • News, Wellbeing, Workplace design

Regular readers will know that we’ve been banging this particular drum for some time (see below), but new research confirms that sitting may not actually be the ‘new smoking’ and standing desks may not be the panacea we’ve been led to believe. A new study published in the journal Ergonomics confirms that standing at a workstation for prolonged periods of computer work can lead to ‘discomfort and deteriorating mental reactiveness’ which in turn can lead to a range of health problems and reduced productivity.  As usual, the nuances and limitations of this research have been ignored in the reporting of the study so that now standing desks are seen as a problem when instead they’re a good potential solution as part of a workplace culture that encourages people to move and shift posture more frequently.

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Diversity shown to help drive business performance but discrimination is still widespread

Diversity shown to help drive business performance but discrimination is still widespread

by • News, Workplace

Diversity shown to help drive business performance but discrimination is still widespread

The economic cost of workplace discrimination to the UK Economy is £127 billion a year, claims new research.  Of the £127 billion, £123 billion is due to gender discrimination, £2.6 billion as a result of discrimination against ethnic minorities and £2 billion due to discrimination as a result of sexual orientation. These are the claims of a new report commissioned by INvolve, a membership organisation that champions holistic diversity and inclusion in the workplace, and Cebr, an economics consultancy which analysed over 500 workplaces uncovered a significant positive correlation between diversity and financial performance.

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The UK needs a new approach to low pay, equality and flexible working

The UK needs a new approach to low pay, equality and flexible working

by • News, Workplace

A new research paper from the Institute for Employment Studies (IES) claims to identify areas where employers and policymakers should act to reinvigorate their pay and rewards practices to improve employee engagement and productivity. According to the IES, with the likely intensification of current recruitment shortages, skills gaps and the fall in living standards as the UK leaves the European Union, the paper argues that both employers and policymakers should act on three key areas – low pay, gender pay and total rewards – to help halt the relative decline of the UK’s already below-par productivity performance.

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Cities must harness potential of new technology to keep themselves moving

Cities must harness potential of new technology to keep themselves moving

by • AI, Cities, News

The UK Government needs to develop a new transport strategy based on local partnerships to keep up with technological advances in areas such as self-driving cars, claims a new report. Rethinking Urban Mobility has been published by engineering company Arup, in collaboration with the London Transport Museum, law firm Gowling WLG and transport company Thales. The report coincides with the publication of a similar study from the World Economic Forum which claims that autonomous and shared vehicles, digitalisation and decentralisation of energy systems require new approaches to mobility.

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Built environment needs to address the talent gap to make the digital transition says WEF

Built environment needs to address the talent gap to make the digital transition says WEF

by • AI, Architecture, Facilities management, News, Technology, Workplace

Built environment needs to address the talent gap to make digital transition says WEFThe construction industry needs new talent and skills to help in the adoption of new technologies to meet the challenges of digital transformation. It must also become more diverse, including increasing the percentage of women in the industry. These are the recommendations of a new report from the World Economic Forum, developed in collaboration with The Boston Consulting Group (BCG), Shaping the Future of Construction: An Action Plan to solve the Industry’s Talent Gap. The report argues that the Infrastructure and Urban Development (IU) industry has failed to innovate as quickly as other sectors, resulting in stagnating productivity and negative effects on the economy, society and the environment. An ongoing industry-wide shortage of qualified workers is among the key reasons for this issue. It has undermined project management and execution, adversely affecting cost, timelines and quality. It also has impeded the adoption of new digital technologies, such as building information modelling (BIM), automated equipment and cloud-based collaboration tools, which could improve productivity. The report provides twelve key actions which needs to be implemented to close the structural talent gap of the construction industry.

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Pearls of elemental wisdom about workplace design and management

Pearls of elemental wisdom about workplace design and management

by • Comment, Facilities management, Workplace design

The greatest conundrum in the endless debate about whether the workplace affects people’s wellbeing and productivity is that it’s still going on at all. We’ve known for decades that people are affected in profound and meaningful ways by their surroundings and the culture in which they work. We know which factors are most important and which work in the absence of others. We know how these factors have shifted in response to changing working cultures and technological advances. And we know which are glib distractions from the real deal.

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Developing a cultured nose for what makes workplace design great

Developing a cultured nose for what makes workplace design great

by • Comment, Workplace design

Workplace people are at risk of obsessing about productivity. The idea of what is or is not effective and even the notion of wellbeing, has almost been done to death. We overthink stuff. As Neil Usher might say, there are a few bandwagons people are leaping on a little too eagerly. So, let’s keep it simple. Yes, we need a ‘space’ to work in (or just do stuff), but mostly we need a reason for using it in the first place. One thing most people agree on – even the media and flinty-eyed consultants – is that we need a motivation, a reason to do the things asked of us and a belief or intrinsic connection to do those ‘things’ well.

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Skill shortages and currency weakness contribute to three year low in economic confidence of SMEs

Skill shortages and currency weakness contribute to three year low in economic confidence of SMEs

by • News, Workplace

Skill shortages and currency weakness cause three year low in economic confidence of SMEsConcern amongst small and medium sized enterprises (SMEs) regarding the current economic climate fuelled by worries over a Brexit-related skills shortages, is at a three-year high, according to the latest Zurich SME Risk Index. It now sits at 56.38, indicating almost a 2 percent rise in perceived risk since Q1 2016 (55.43), and more than 3 percent higher than in October 2016 (54.55). SMEs attitudes towards economic growth, presently sits at a four-year low – with just two in five (40 percent) businesses confident that the UK economic situation will improve over the next 12 months. Similarly, the results regarding SMEs attitudes towards the international trade environment, reveals concern regarding overseas competition and currency rate fluctuations being at its highest in four years at 45.49. Equally, workforce challenges, namely the availability of skills and talent, is also an increasing concern for smaller businesses. Two in five (40 percent) SMEs now see workforce challenges as a major concern for their business; a rise of 8 per cent since October 2016, indicating that political issues are a major influence on the current attitudes of business owners in the UK.

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