Insights

Millennials: Things are bad now, and they'll get worse

Millennials: Things are bad now, and they'll get worse

Millennials are not happy about the nation's direction, and they don't think the country's economic fortunes will improve any time soon.

That’s the conclusion of a survey released last week (PDF) by the Economic Innovation Group and EY (Ernst & Young). About 63 percent of the respondents said they believe the country is on the wrong track, compared to 25 percent who said it’s going in the right direction. That majority held among older millennials, younger ones and the people in between. The same is true of opinions about whether the national economy will improve in the next year, with 65 percent saying they think it will be the same or worse, and only 25 percent saying it will be better.

Via bizjournals.com >

How Office Space Shapes Company Culture

How Office Space Shapes Company Culture

Day-to-day influences like your office space can affect how employees interact, what they do and if they have common interests and behaviors—all of which add up to company culture, Cushman & Wakefield tenant rep Kevin Meissner tells GlobeSt.com. We recently spoke exclusively with Meissner, who has written a thought piece on the subject, on how office space and culture work together to create a successful company.

Via globest.com >

Three Ways Organizations Can Design High-Performance Workplaces to Attract and Retain Talent

Three Ways Organizations Can Design High-Performance Workplaces to Attract and Retain Talent

The increasingly fierce war for talent is prompting more organizations to take into account the physical workplace to complement their talent attraction strategies. Three key areas organizations should consider when designing a high-performance workplace are a balance of “me” and “we” spaces, features and amenities that are inclusive of all employees, and connecting the workplace with its surroundings, according to a new report by CBRE.

“There are a variety of approaches to satisfy the high expectations of talented employees, while controlling or reducing real estate costs,” said Peter Andrew, Director, Workplace Strategy, CBRE Asia Pacific, “but the best approaches are people-centric strategies that embrace diversity, choice and community.”

Via cbre.com.hk >

PODCAST: Zuckerberg, Gates, Bezos: Why Privacy Matters

PODCAST: Zuckerberg, Gates, Bezos: Why Privacy Matters

Mark Zuckerberg, Bill Gates and Jeff Bezos are innovative business giants known around the globe. They all have at least one thing in common. They each find a way to control the immense demands on their time, making sure they give their brains the ability to think of the next big thing or solve their most pressing problem. It’s very valuable and requires the intentional search for privacy.

3 Reasons Why Competitive Advantage is Dead

3 Reasons Why Competitive Advantage is Dead

It might be time to re-write the textbook--competitive advantage is on the way out.

As anyone who attended business school learned, competitive advantage is measured by the extent a company produces more products than competitors in its industry, such as if a software company makes more money than another software company. But according to Rita McGrath, a professor at the Columbia Business School, competitive advantage as we know it doesn't exist anymore. It's all part of the future of work and the changing face of where and how business operate.

There are a lot of factors that contributed to this change, but here are three of the biggest players.

Via inc.com >

The Future of Workplace Design: Not What is the Workplace But Who is the Worker?

The Future of Workplace Design: Not What is the Workplace But Who is the Worker?

It is a different mindset that the corporate real estate, facility managers, and companies need to have about the willingness to keep their space fresh. I'll give you an example, can you imagine if an IT guy came in and said 'here is your phone, good luck, see you in ten years.' You'd laugh! There are going to be ten different versions of this phone that's going to come out in the next several years. Well, in a sense that is what is happening with how we work as well. The traditional real estate model of, 'here is your space, good luck, see you in ten years.' That doesn't work anymore and I don't think most companies have fully embraced that yet.

Via officespacesoftware.com >

How you can ride the wave of workplace change

How you can ride the wave of workplace change

For the average job-seeker or any parent wondering what kind of livelihood awaits the next generation, the current headlines are the stuff of anxiety attacks. In June, the Associated Press announced that it would begin using an automated writing service to cover more than 10,000 minor league baseball games each year. Driverless trucks may soon be taking over from humans, elbowing out an entire profession. New technology purports to bring great change to a surprising number of fields, including law, medicine and financial services. What will be the human toll and net effect on the economy? Has the U.S. reached an epoch of irreversible job loss?

Via weforum.org >

The state of the workplace in 2016? Everywhere and nowhere, baby

The state of the workplace in 2016? Everywhere and nowhere, baby

My trade is to ask questions about the workplace then make sense of the answers. That has been a particular challenge with the question, ‘what are offices today?’ What seems clear is that the various actors in the workplace ecosystem look at offices through very different eyes. Urban planning and development professionals still view offices as a distinct category of real estate and most real estate professionals view offices in terms of the delivery of floor space. Some things have changed,however. For some time, the hybrid economy of serviced offices has turned the product into a service. But, in many cases this has simply made the leasing of space simpler and more flexible. As Neil Usher says in his workessence blog, “while co-working is declared to be disrupting the institutional stuffed shirt that is the commercial rented sector, the sprouting centres come to increasingly resemble the corporate world at which their earlier incarnations cocked a snook”.

Via workplaceinsight.net >

Storytelling by Design

Storytelling by Design

A good story engages people, is relatable, and connects people to the content or the message. Storytelling is a key leadership tool in some of the most successful companies. For example, 3M has banned bullet points and replaced them with a process for writing strategic narratives, according to Dan Schawbel in Forbes MagazineP&G has hired Hollywood movie directors to teach senior executives how to lead with storytelling. While the verbal art of storytelling is no doubt a key to making presentations in the design world, a story can also be visually conveyed with graphics and the use of space through the design process.

Via interiorarchitects.com >

Are workers ready for the workplace of the future?

Are workers ready for the workplace of the future?

The workplace of the future will be here soon, the experts tell us, and it will be flexible, digital and mobile.

CEOs want the increased productivity that collaboration and mobility provide, and CIOs are leading a digital transformation in most companies that will support those organisational practices with the right technology.

Via information-age.com >

Productive mobility is poised to give business a virtual boost

Productive mobility is poised to give business a virtual boost

Throughout history, new technologies have constantly changed the way we’ve worked. They’ve been responsible for full-scale revolutions. And continued investments have come as corporate demand for worker productivity drives tech spending.

We should expect augmented reality (AR) and virtual reality (VR) to eventually attract increased spending in the enterprise as they combine with new mobile network advancements to make an emerging trend called “productive mobility” a reality.

Productive mobility is about being as productive out of the office as inside, and as productive in a virtual instance as a physical one.

Via techcrunch.com >

New Workplaces Ascend with Pilot Projects

New Workplaces Ascend with Pilot Projects

Many organizations are making fundamental shifts in their workplaces and, often, these environments haven’t changed in 10 years, 20 years, or more. For those companies, change is not incremental—it is transformational. A new workplace can constitute a significant investment in real estate, and bring to bear results of many layers of decisions. This is where pilots come in. The results these test environments produce can illuminate ways for organizations to stay agile and dynamic in our rapidly changing world.

For many businesses, a new workplace must support the organization as they evolve and thrive in the global economy, as well as attract and retain the talent that is a primary force behind any company’s success. When starting the process of a new workplace project, corporations face the question: How much change is appropriate?  With the guidance of their corporate real estate teams companies must weigh the risks associated with all degrees of change.

Via interiorarchitects.stfi.re >

Are We Entering a Furniture Renaissance?

Are We Entering a Furniture Renaissance?

Take a moment to think about the first desktop computer you used in a professional setting. Chances are, it was a lifeless taupe or black box and clunky keyboard attached to a bulky computer screen that weighed more than a healthy teenager, all connected with a pile of cords that looked like a plate of spaghetti.

“Now,” said computer designers to the office furniture industry, “build something to hold this stuff. And while you are at it, manage all those cords and the the power needed to run it all.”

That’s the point when furniture became nothing more than a prop for technology tools. I recently looked through a book on workplace designs from the mid-1980s. I immediately wanted to assign blame for the sea of cubicles and sterile office chairs found in that era of the office. Should we blame the office furniture makers for creating lifeless panel systems? Perhaps it is better to blame the interior design industry for bastardizing the products the industry created and applying them in the wrong way?

Via Ki.com >

5 Office Design Trends That Will Wow You in 2017

5 Office Design Trends That Will Wow You in 2017

As W. Clement Stone once said, “You are a product of your environment. So choose the environment that will best develop you toward your objective.”

That’s what employees around the world seek, and that’s what office managers responsible for creating efficient spaces strive to remember when setting up workplaces that would not be just shelters for workers but also strategic tools for their productivity and growth.

Yearly, experts take a try to predict the most useful trends in office design. These have inspired us already, but 2017 is on its way with new predictions and trends. What is more, it’s going to be a year when Generation Z enters the workforce: born between 1994 and 2010, they are even more entrepreneurial and flexible in their approach to careers compared to Gen Y. 60 per cent of them wants to have an impact on the world with their jobs, so it might be challenging for employers to create the ideal offices, which would satisfy their needs and motivate them to work.

Read the article on huffingtonpost.com >

One Designer’s Vision of the Future Comes to Life

One Designer’s Vision of the Future Comes to Life

Steelcase global research shows the workplace can be an important tool in engaging employees. The workplace can do this by placing an emphasis on the wellbeing of people,  considering their physical, cognitive and emotional wellbeing needs at work. There is a cultural movement in office design to create thoughtfully curated office spaces that are more human-centered — focusing on design, materiality and performance.

This interview with George Pritchard, IV, Director of Interior Design with KSQ Design is an installment in our series of interviews with architects and designers discussing this evolution of the workplace. KSQ Design restored the historic Gates Hardware Building in Tulsa, Oklahoma where they relocated their 63 person office. Here is what George had to say about KSQ and the design of his team’s new office.

Read the blog post on steelcase.com >

Sensory response to workplace environment influences performance

Sensory response to workplace environment influences performance

Improving employees’ physical and emotional response to their working environment – from the look and feel of a workplace to non-visual sensory inputs such as smell, noise and temperature – can significantly improve productivity and cognitive performance, a new report suggests. According to Decoding the workplace experience: how the working environment shapes views, behaviours and performance the workplace experience is not just about how well the workplace satisfies functional needs, it is about the overall impression it leaves on the user; and the way an employee experiences an environment is emotional and occurs potentially at a subconscious level. Sensory influences such as the smell, noise and temperature of the working environment are among the main factors that influence employees’ experiences of the workplace and do impact productivity and performance. Expectations of the workplace also change depending on personality, background and numerous other factors; which is why understanding your workforce is the key to creating an effective workplace experience.

Read the article on workplaceinsight.net >

The plague of compulsory creativity may be dying out

The plague of compulsory creativity may be dying out

I’m not creative. Neither are most of my colleagues. The Financial Times employs clever people who know how to spot stories, write them elegantly, and give readers the right mix of familiarity and surprise. Experience, knowledge, practice, judgment, skill and intelligence play a part. So does an ability to write. And think. Creativity barely comes into it. This is not to insult the FT. It is to compliment it.

Read the article on ft.com >

There Are Two Different Types of Millennials in the Workplace

There Are Two Different Types of Millennials in the Workplace

I've managed older and younger high-achieving Millennials in tech and found that there are differences beyond the fact that one group is simply older than the other. Some generalizations and insights from my experience:

1) Attitudes towards "paying your dues" - Older Millennials were in the workforce during the 2008 recession and likely experienced a career pivot or lifestyle adjustment during that time, which taught them how to restructure their career paths and gain perspective on being employed. For most of their lives, they exclusively saw corporate executives as people who had spent their entire careers in one company or industry, starting from the bottom and working their way to the top. The young, billionaire founder/CEO persona did not exist in their minds until several years after they had already been in the workforce. As a result, older Millennials will see hardships, repetitive work, and new gray hairs as part of paying your dues as you work your way to the top.

Read the article on inc.com >

Autonomy could be the key to workplace happiness

Autonomy could be the key to workplace happiness

When I was around 10 years old, my stay-at-home dad went back to work. For the next few years, he switched jobs a lot. For a while he took portraits in a photography studio; another time, he managed a bookstore. He told me more than once that he was looking for a job with plenty of autonomy. He was an independent spirit and liked to see his own ideas implemented–traits that I inherited from him. To this day, I know personal autonomy is an important factor when he’s choosing a new role.

My dad isn’t the only one who believes some measure of independence is essential in the workplace. Studies have shown that autonomy makes workers more satisfied with their jobs and increases productivity.

Read the article on weforum.org >