Startups that fail to exercise resource parsimony or understand the job their customers want to get done will not survive against larger companies and risk falling afoul of investors, a prominent strategy expert has warned. In Sydney last month to participate in the World Business Forum (25 to 26 May), Rita McGrath, a professor at […]
In today’s fast-paced, ever-changing world of business, a company’s competitive advantage is no longer a ‘sure-thing’, a globally-recognised strategy expert has warned. Speaking at the World Business Forum in Sydney, last month, Rita McGrath, a professor at the Columbia Business School, explained that while sustainable competitive advantage has been a fixation of companies for decades, the […]
Imagine a Monday morning like any other… You walk into the office and make yourself a cup a coffee whilst catching up with your team about the weekend. All of a sudden, you hear the violent sound of a cup smashing and see one of your employees fall to the ground – unconscious, not breathing, with […]
As Sydney’s Edwin Onggo can attest, some businesses are born out of sheer frustration. While studying at university, Edwin’s passion for live music was put to the test by a student budget, risk-averse friends and an industry plagued by financial uncertainty. “I was frustrated that I never got to see my favourite acts live,” Edwin […]
The Prime Minister’s recent pledge to pump $15 million into his government’s Incubator Support Program for startups, if re-elected next month, is a good start but far from sufficient, according to Australia’s peak startup body, StartupAUS. CEO of StartupAUS, Alex McCauley said the additional funding for accelerators and incubators will genuinely help startups. “Funding for incubators and accelerators is important and […]
With just three weeks until small businesses must become SuperStream compliant, the Australian Tax Office (ATO) has urged those yet to implement the new standard to act now. From 1 July, it will be mandatory for employers with 19 or fewer staff to send all super payments and employee information electronically in a standard format using SuperStream. According to the […]
Customers are increasingly interacting with retailers through multiple ‘channels’ as part of a single transaction. Retailers that fail to offer a superior shopping experience, where their customers can move seamlessly between different channels, risk becoming obsolete, industry experts warned a recent forum’s attendees. Held at Sydney’s Radisson Blu Plaza Hotel on Wednesday, 18 May, the […]
Friday afternoon drinks – it’s the great Australian ritual that brings workers together so they can celebrate the week’s successes and recover from its trials. But there’s always been one catch: some poor fool has had to go on a bottle shop run. Not anymore… enter Friday Beers. The brainchild of ex-corporates Keegan Sard and […]
Non-essential tasks and poor performing technology are eroding employee engagement and productivity, costing Australian and New Zealand organisations $56 billion per year, a new study reveals. Workforce management solutions provider Kronos partnered with Coleman Parkes Research to assess the the level of engagement within Australian and New Zealand businesses. As part of this undertaking, the […]
Superstar entrepreneur and Virgin Group founder, Sir Richard Branson regaled attendees at last week’s World Business Forum in Sydney with tales from his storied career, including lessons learned. But it was a symbolic act early in the proceedings that seemed to perfectly sum up Branson’s business and life philosophy. Appearing on stage to meet with session facilitator […]
