Search Results for: skills

April 27, 2016

Digital divide in businesses is holding back the British economy ⁰

A digital divide is opening up across the British economy, with just over half (55 percent) of “pioneer” firms adopting digital technologies and processes, while the other half (45 percent) are falling behind, according to new research by the CBI and IBM. Despite the UK taking top place globally for e-commerce and fifth place for the availability of technology, it ranks only fourteenth in the world for company-level adoption of digital technology, with many companies struggling to digitise their businesses at the rate of peers in other countries. Companies cite a mix of connectivity challenges and security concerns as barriers to digital adoption, but predominantly they are hindered by a lack of appropriate skills inside their business (42 percent of firms) and an unclear return on investment (33 percent). The report’s findings for the UK echo those of a global study carried out by Cognizant.

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April 27, 2016

The digital future of work is more about humans than machines, claims study ⁰

by Mark Eltringham • Flexible working, News, Property, Technology

The claims that robots will render the human species redundant are largely exaggerated suggests a new report from Cognizant’s Centre for the Future of Work and the Economist Intelligence Unit. But we will have to find a new path and it may be one that emphasises human strengths and characteristics working alongside robots. The study of 420 managers in Europe and the US explores the future of the workplace in an increasingly automated world and suggest we will also see the emergence of new jobs involved in the design of augmented reality and avatars as well as a generally greater emphasis on robot-human partnerships in an increasingly digital world. The study claims, unsurprisingly, that the reliance on physical office space will recede, forcing businesses to employ intelligent workplaces which will monitor workers’ environment, needs and even moods.

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April 20, 2016

400 years on, the Bard continues to influence Britain’s workplaces ⁰

by Mark Farrar • Comment, Workplace

It has been well reported that Saturday (23rd April) marks the 400th anniversary of the death of one of Britain’s most famous literary geniuses, William Shakespeare. The reasons for his enduring popularity are clear, as the website Shakespeare Online points out, if you cannot find words to express how you feel about love or music or growing older, Shakespeare can speak for you. What is somewhat less known is that Shakespeare is credited with coining over 1700 words that are now in use in English, generally through changing nouns into verbs and verbs into adjectives, connecting existing words and, in some cases, coming up with wholly new creations. To mark the occasion, the Association of Accounting Technicians (AAT) has selected five words that the playwright brought into our language which are heard up and down businesses throughout the UK on a daily basis.

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April 20, 2016

Traditional performance management fails to match new digital workplace ⁰

by Sara Bean • News, Technology, Workplace

Performance management plays a key role in helping organisations measure how effectively their employees are contributing to business objectives. Yet despite 94 percent of workforce leaders in a global survey believing performance management improves business performance, only 39 percent of them think their current practices help to achieve their organisation’s business objectives. This isn’t just the employers’ view, within the workforce, 89 percent of people believe their performance would significantly improve if changes were made. The main reason for this credibility gap is the impact digital technologies are having on the nature of both work and the workforce. In the Accenture Strategy report, Is Performance Management Performing? – 92 percent of respondents report that work is faster, more networked and collaborative, and demands ever-evolving skills. This means that organisations need to innovate to keep pace.

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April 18, 2016

Great strides made towards fourth industrial revolution, but more to come ⁰

by Mark Eltringham • News, Technology

Many countries and organisations are making significant strides in the development of the fourth industrial revolution, but there is much work still to do. Those are the conclusion of two new studies into the preparedness of firms and national economies with regards to the emerging digital economy. The Cisco Digital Readiness report surveyed technology decision makers in eight countries and eight industries, categorising them as either ‘forwards’ and ‘laggers’. According to the report, globally, the ‘forwards’ have an average score of 77. The UK’s score is 75 placing it largely at the forefront of developments. According to a second report from PwC, Industry 4.0: Building the Digital Enterprise, the digitisation of businesses is progressing well, but with a lot of scope for development. The survey of more than 2,000 global companies found that 33 per cent of firms rate their digitisation levels as high, but the value will hit 72 percent over the next five years.

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April 15, 2016

Employers’ and workers’ views on an engaging workplace differ widely ⁰

by Sara Bean • Knowledge, News, Workplace

Business growth is radically redefining how employees are managed, especially as there is greater competition than ever to hire the best people from a much more demanding employee population. Yet employees report that a lack of development, outdated processes, and discontent with the role of their managers are causing them to feel dissatisfied according to Mercer’s 2016 Global Talent Trends Study, the first to take into account the perspective of both employers and employees. While 85 percent of organisations admit that their talent management programmes need an overhaul, 70 percent are confident about filling critical roles with internal candidates, 28 percent of employees say they plan to leave in the next 12 months even though they are satisfied with their current role. Managing these challenges requires support but only 4 percent of HR professionals feel that the HR function is viewed as a strategic business partner within their organisations.

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April 15, 2016

Office demand prompts rise in level of London commercial construction ⁰

by Sara Bean • Cities, Facilities management, News, Property

London has reached the highest level of commercial construction since 2008, with activity totalling £7.4 billion. According to JLL and Glenigan’s latest UK Commercial Construction Index the level of speculative office development under construction in Central London totalled 8.3 million sq ft at the end of Q1 2016, well ahead of the long term average (5 million sq ft) indicating that developers are continuing to respond to London’s burgeoning requirements for new office floor space. In the West End office market alone, construction started speculatively on nine schemes in the first quarter of this year totalling 596,997 sq ft; the highest level of commencements since the end of 2014. The largest starts were at Brunel, W2 at 241,000 sq ft, which is scheduled to complete in 2019 and The Foundry, W8, a refurbishment planned to complete by the end of this year totalling 110,000 sq ft.

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April 13, 2016

IFMA and RICS join forces to establish a “global FM community” ⁰

by Sara Bean • Facilities management, News, Property

While the debate over the fate of FM bodies; from the role of the BIFM to the demise of its trade associations the Facilities Management Association, (FMA) and its successor the Building Futures Group (BFG), rolls on; the International Facility Management Association (IFMA) and the Royal Institution of Chartered Surveyors (RICS) have gone ahead and organized their own “landmark” collaboration agreement. This aims to leverage both organizations’ existing resources in education, research, conferences and events, and external relations. IFMA and RICS also vow to work together to align credentials and qualifications to shape a single FM career path with “demonstrable professional status which is recognized and respected globally”. Another shot across the bow of the BIFM is that RICS professionals who have qualified in FM will automatically receive IFMA member benefits. In turn, IFMA members and credential holders will be able to attain RICS professional qualification and benefit from RICS’ international standards and global professional network.

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April 7, 2016

Dramatic rise predicted for the number of UK men working part-time ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

As we reported yesterday, just 1 percent of working men have availed themselves so far of the right to Shared Parental Leave (SPL) but it seems this doesn’t necessarily mean that men don’t want to adopt more flexible working patterns. A new report, Working Futures, published by the UK Commission for Employment and Skills (UKCES), projects that the number of part-time male workers is set to increase by 20 percent by 2024 – nearly three times more than the projected growth in part-time female workers (7 percent), and this growth is particularly significant for men in professional or management roles, where an increase of 25 percent is projected. This marks a substantial change in the working patterns of men in highly paid, highly skilled roles. Women by contrast are set to become more career focused – with a rise of 7 percent in the number of women working full-time, compared to just 3 percent for men.

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April 5, 2016

BIFM launches new guide to construction and design processes ⁰

by Neil Franklin • Facilities management, News, Technology

The British Institute of Facilities Management (BIFM) has launched its new ‘Operational Readiness Guide: A guide to ensuring long term effectiveness in the design and construction process’. The guide aims to ‘equip facilities management professionals with the skills, knowledge and guidance to effectively engage at each stage of the design and construction process to deliver greater value to the end user organisations that occupy the buildings.’ Its launch coincides with the first day that centrally procured public sector projects in the UK will require the implementation of Building Information Modelling (BIM) at Level 2. The authors claims that in order for FMs ‘to deliver long term effectiveness and relevance for the end user facilities management professionals need to be engaged from the start and learnings and insights from operators applied to close the gap between building design and performance’.

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April 1, 2016

Rise in European outsourcing of real estate and facilities management ⁰

by Sara Bean • Facilities management, News, Property

Companies outsourcing their real estate and facilities management needs have hit record levels across Europe, finds new data. According to CBRE, its EMEA Global Workplace Solutions (GWS) business received a record number of Requests for Information (RFI) or Requests for Proposals (RFP) from organisations wishing to outsource all, or part, of their real estate activities in 2015. This marks a 190 percent increase over 2012, with the data showing the most popular function to outsource is facilities management, with 64 percent of briefs including this service. The trend for outsourcing is also reflected in CBRE’s European Occupier Survey, which spans 120 organisations. Fifty-four percent of respondents noted that that they outsourced some or part of their property requirements. This figure marks an uplift from 30 percent the year before and demonstrates that more corporates are seeking, and using, specialist property advisors for outsourcing advice.

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March 30, 2016

Career satisfaction and work-life balance are top employee draws ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Although a competitive salary, company perks and an exceptional office culture may seem enticing to the American workforce, a new study shows there are more important motivational factors. A survey conducted by Kelton Global for Cornerstone OnDemand reveals that career satisfaction and work-life balance are the top reasons American stay at their current jobs (38 percent combined), while nearly three in ten (29 percent) resign due to work overload and lack of healthy work-life balance. Employees said they’d make life-altering decisions and considerable sacrifices in order to find a sense of satisfaction, fulfillment and purpose in their careers. In fact, 89 percent of employees would consider making a lateral career move with no financial incentive for multiple reasons, including to start an entirely new career (41 percent) or take on a professional challenge (40 percent). Additionally, relocating to a different city, state or country is a desirable career move for 77 percent of employees. (more…)