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Global capability centers (GCCs) face an enduring and worrisome challenge: how to keep good talent from walking out the door. In our conversations with GCCs, executives report that attrition rates are high. The combination of departures and the current volatility in the talent market have disrupted and destabilized company culture; increased recruitment costs; and resulted…

Magnet schools emerged on the K-12 scene as early as the 1960s to establish a public education option that met multiple goals: Attracting a diverse student body from across a school district, supporting students with specific interests, and offering equitable opportunities resulting in high levels of academic success. Today, over 4,300 K-12 magnet schools educate…

The Royal Institution of Chartered Surveyors (RICS) has published its manifesto titled ‘Empowering a Sustainable Future’. According to the United Nations, the built environment generates around 40 per cent of global carbon output, and RICS is leading the industry on the response to climate change by introducing new standards, guidance and toolkits that will speed…

Let’s have a conversation about CSRD, the European Union’s Corporate Sustainability Reporting Directive that will usher in a new era starting in 2024. The ambition for CSRD is to transform the way businesses operate to accelerate the transition to a more sustainable and just society. The directive will require more than 60,000 companies in Europe…

As buildings become more modern and complex, a facilities manager’s responsibilities and hiring needs continue to change rapidly. Already, smart buildings are a big talking point within the industry, with research estimating that the market will grow to $408.21 billion in 2030, up from $96.96 billion in 2023. The rise in smart buildings, among other…

The cost of occupying office space in the UK has stabilised in 2023, according to property consultancy Lambert Smith Hampton (LSH). In its annual Total Office Cost Survey, LSH has analysed the total occupancy costs for offices in 54 key locations and revealed soaring costs across the board. Across all the surveyed locations, the average…