Expert
The term ‘Fourth Industrial Revolution’ was originally coined by Klaus Schwab founder and executive chairman of the World Economic Forum. Schwab explained that one of the features of the Fourth Industrial Revolution is that “it doesn’t change what we are doing but rather it changes us”. Over the past 150 years, automation and mechanisation has […]
Most business owners are familiar with the process of setting goals. However, there is a difference between short-term goals that keep a business ticking over and the kind of long-term goals that can see a business owner genuinely achieve their dreams. Some business owners prefer to stick to shorter-term goals because they believe it’s more […]
Bennett & Philp’s Business Advisory Expert Nadia Sabaini sheds light on the legal obligations of a company director and the extent to which a director can be personally liable for the actions of their company. Last month Australia was shocked with the news of George Calombaris underpaying his hard-working restaurant staff. While it can be […]
Some of the most profitable and ultimately sustainable companies are focused on collaborating for the good of the community, rather than their bottom dollar line. Why? Well, it’s a reflection of society. The Australia Giving 2019 Report, recently released by Fundraising and Philanthropy in Australia, found that 35% of Australians have volunteered in the preceding […]
The boundaries between home and work are often blurred – particularly with the growth of the internet where our lives are increasingly public. A whole generation is entering the workplace who have grown up with social media, sharing their lives online, whilst many, perhaps less savvy workers might be using the various platforms to communicate […]
The pathways to success for Australia’s top 50 ASX-listed CEOs have been revealed for the first time, in the most detailed examination of who our corporate leaders are, and how the community ranks their performance. University choice, country of birth, average age, international experience, undergraduate degree, social media use and whether the CEOs were promoted […]
Many people start a business with the aim of spending more time with family or more time on hobbies or self-development, only to find that the business needs them there 24/7. Hobbies and family time go out the window, and the business owner finds themselves with even less freedom than they had when working in […]
Successful business owners aren’t automatically great team managers however, as the business grows, the importance of managing teams grows along with it. And, regardless of how well the business is run otherwise, if a business owner can’t attract and retain top talent, it will be difficult to continue to grow in the long term, according […]
Recently, Dynamic Business attended the 2-day Gartner ReImagine HR event to hear the new trends, reports and insights from HR industry leaders and share them with our readers. HR leaders from all over Australia came together to uncover and discuss the latest HR and leadership trends, best practice, challenges and opportunities. One of those discussions was from Jonathan […]
Retaining experienced and key staff is a core focus of many small businesses. An increasingly mobile workforce means taking a “job for life” is rare. The national average tenure in a job nowadays is three years and four months according to the Commonwealth figures, while a 2019 Deloitte survey out of the US suggests 49% […]
Throughout the course of employment, circumstances can change and you may find there’s times when you need to alter your employee’s work arrangements. Read about how to do it legally here. Hiring employees means that you’re responsible for ensuring the terms of your employees’ contracts are being met. Whether this means paying the correct salary, […]
The Global Startup Genome Ecosystem 2019 report predicts that there will be no “next Silicon Valley.” Instead, they predict there will be 30 global innovation hubs scattered around the world. This report, which ranks cities in terms of their access to talent, funding and global connectedness, positioned Sydney as 23rd in the world – a […]
By Audrey William What will happen to the Australian workplace as we move towards the third decade of the twenty-first century? Rapid change has become the new normal for Australian workers and employers, as technological and societal changes continue to up-end old ways of working. The past two decades have seen the virtual extinction of […]
Gen Y is all about “on demand”. From TV to food and clothes, this is a generation all about convenience. Having been brought up immersed in technology, Gen Y like to order what they want, when they want, and from the comfort of their own homes. This is equally true with managing their finances. Generally […]
Byline: Arturo Arrarte, Head of Growth APAC, Slack The most important asset any business has is talent. An engaged and effective workforce can be the difference between business failure and success. It is therefore no surprise that attracting and retaining top talent happens to be a major challenge for the majority of companies. According to […]
Building a successful business takes commitment, courage, and a significant investment of time, energy, and money. The process can involve countless setbacks, frustrations, roadblocks, and challenges. However, the sense of satisfaction business owners feel when their business is successful often outweighs the challenges along the way. It’s therefore crucial for current and would-be business owners […]
Competing and comparing are part of everyday life. From when we are young, and agonise over what everyone else got in the times tables test, or who came first in the running race, we’re conditioned to look around us, to see how others are doing, and strive to do better than them. Life Coach and […]
By: Andy Hurt, Managing Director, Poly ANZ A single great idea can change the world, but it takes many hands and minds working together to turn that great idea into a reality. Looking at our workspaces today – this rings true. It’s rare to find an office now that isn’t open plan, designed to harness the power […]
By: Glenn Cochran, Regional Director at RB Australia and New Zealand Research by McCrindle [1] shows that the average tenure within a job in Australia is 3.3 years, which is significantly less than in the 1970s when average job tenure of people aged over 45 years old was 10 years. With the same research showing that […]
By Jay Munro, Indeed Employer Insight Strategist, ANZ More than a third of recruiters would rather be spending less time on writing and posting job descriptions, even though on average, only 11% of their day is spent on this task [1]. But when 62% of job seekers say that a job description that fits their […]
