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CoreNet Global
Grasping how internet of things (IOT) technologies will transform our workplaces over an unpredictable number of years isn't so daunting when you view the future in phases. We start with the status quo and show you what could be in store as we move through connected, smart and cognitive transformations.
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CoreNet Global
Google "how to be famous" and wikiHow will tell you there are three ways. Get started on your path to greatness today! Earn recognition from your company and peers through CoreNet Global awards programs focused on innovation and excellence. Submit your project or initiative today.
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CoreNet Global
How can you leverage the power of internships? (part three in a series)
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Please note that articles appearing in this section are available only to CoreNet Global members. To access the full text of these stories, and other great member benefits, please contact us today to inquire about our membership rates!
CoreNet Global
CoreNet Global embarked on an 18-month initiative in 2017 to envision the association model of the future in four key areas: Belonging, convening, learning, and information and content. Work groups met virtually and around the world to develop future forecasts that will inform the strategic direction of the organization for years to come. This is one of four reports also accompanied by an overarching document that includes an executive summary and a further explanation of the project.
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CoreNet Global
Tim Venable, SVP of Knowledge and Research at CoreNet Global sits down with Holly Hindmarsh in another edition of our Young Leader Insights.
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CoreNet Global
Change within CRE is happening, but it's been slow. What is to come for augmented intelligence, automation, and Machine Learning?
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North Central Illinois Economic Development Corp.
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Lencore
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| | CORPORATE REAL ESTATE HEADLINES |
Globe St.
The booming CRE industry during the last five years has been great for investors and sponsors but has created a shortage of C-suite experienced leaders and junior level employees. CRE is a $7 trillion business in the U.S. and it must do a better job of creating, enabling and training a more agile and engaged workforce.
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Facilitate Magazine
Toxic line managers are the most critical factor to the health and subsequent productivity of employees, according to an academic speaking at a workplace event last month.
Professor Sir Cary Cooper, co-founder at workplace consultancy Robertson-Cooper and author, told delegates at Worktech 2018 in London, that "all the evidence in the occupational health, well-being areas shows that the biggest problem we all have are our bosses, whoever they are."
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Knotel
Choosing the right office space is one of the most important things you can do to set your team up for success. Making the right decision will depend on an array of factors, from your business objectives to product offerings to growth goals. While each company will need to balance competing needs and future unknowns in their own way, there are some common pitfalls to finding and leasing new offices that every company should do their best to sidestep. Here are the seven most critical mistakes to avoid when you’re going through the selection process.
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Bloomberg
Bank of America Corp. will start moving about 400 staff, mostly from London, to its Paris office in the next few weeks as the bank prepares for Brexit, according to a person familiar with the matter.
Traders, sales and support staff will move to the bank's European Union offices in Paris and Frankfurt, with the vast majority relocating to the French capital, according to the person, who asked not to be identified as the information is private.
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Bisnow
The future of work and the workplace are a constant source of debate in real estate, because this will shape the future of offices, one of the two largest property sectors. According to one academic study, offices have one key attribute to offer above all else. Forget about increasing productivity and efficiency. The main thing offices do is combat loneliness.
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BBC
As artificial intelligence becomes both more useful and more widespread, workers everywhere are becoming anxious about how a new age of automation might affect their career prospects.
A recent study by Pew Research found that in 10 advanced and emerging economies, most workers expect computers will do much of the work currently done by humans within 50 years. Workers are clearly anxious about the effects on the job market of artificial intelligence and automation.
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EdgeProp
To the pessimist, artificial intelligence is associated with terrifying and dystopian scenarios, in which machines replace (and eventually overtake) humans. To the optimist, AI is an amazing tool that, when used appropriately, can dramatically improve the way humans work and live.
As AI starts to become more integrated into our work environment, it is worth exploring the different ways in which it will transform the workplace as we know it. In technology-driven "smart cities" such as Singapore, these transformations are likely to happen sooner rather than later.
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South China Morning Post
A drought in financing from venture capitalists has affected co-working space operators who have been heavily reliant on funding to fuel their rapid expansion and valuation. And amid the funding crunch, even major operators such as Kr Space have found the going tough.
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Fast Company
At a 13-story office tower under construction in Hollywood that will soon serve as the headquarters of Netflix, two floors of parking are designed for a different future: As the need for parking dwindles, that parking space can be easily converted into new office space.
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My Tech Decisions
Companies are thinking in new ways about the best ways to set up their office design to maximize the productivity of employees. Many corporate organizations have said goodbye to giving everyone their own space and turned the daily grind into an opportunity to forge their own paths.
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Industrious Office
Hunting for new office space can be overwhelming, and not just because of the logistics. The real problems come with matching a space to your organization’s needs, and how those needs might change over time. Traditionally, this meant making educated guesses about the distant future of your organization, then signing a long-term lease with your fingers tightly crossed. Luckily, new approaches in office space development mean that you don’t have to leave the success of your office space to chance. These 5 principles will help you find the right workplace service provider, and quickly get down to business in the new office you’ve been working toward.
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Commercial Property Executive
The U.S. economy has enjoyed a record expansion cycle, having eclipsed in 2018 the 1990-2000 prior record surge. So, as commercial real estate navigates a choppy top-of-the-cycle period, recruitment and retention continue to be foremost priorities for companies across the industry.
How are company leaders and boards attracting talent amid change?
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New York Times
In a refurbished Salvation Army building in downtown Lincoln, NB, Bob Hinrichs runs a co-working space for about 150 people.
The workers are not allowed to bring in their dogs, and they don't curl up in beanbag chairs. But they are encouraged to collaborate with one another and with the city's wider business community.
Mr. Hinrichs works to nurture connections among the small businesses — software developers, public-relations consultants and sustainable-agriculture advocates — that work in his space, and he says such cooperation is helping the local economy.
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Toronto Star
Imagine, in the frigid winter weather, you're walking in shorts and a T-shirt to Union Station for the express train to Pearson airport and a flight south. Or you're dropping the kids off at school on your way to work in a nearby office building — all indoors. Your pet-parent neighbour, meanwhile, is riding the elevator down to a two-acre park for her Frenchie's morning walk.
All that will be possible at Sugar Wharf, Toronto's newest "mini city" on the waterfront, says developer Jared Menkes.
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Shouldn't you? Find out with our analyst-reviewed lease comps. Learn more
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GlobeSt.com
Office buildings with flexible space options could hold a higher value. A new report from CBRE looks at recent office transactions, and found that 40% of buildings with flexible space traded at a higher value than the average office building in the market while 52% of buildings traded on par with the market average.
"The presence of flexible office space is correlated with better pricing and higher value in some properties but not all. Those that have achieved more favorable results are typically smaller, older buildings in hot submarkets with strong real estate fundamentals driven by job growth, especially in the tech sector," Julie Whelan, head of occupier research for the Americas at CBRE, tells GlobeSt.com.
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