#Deloitte
Australian businesses embracing technological revolution
Australian businesses are ahead of their global counterparts when it comes to embracing new technology and preparing for the Fourth Industrial Revolution. According to Deloitte’s second annual global Readiness Report, Leadership in the Fourth Industrial Revolution: Faces of progress, 49 per cent of Australian business leaders say they invest in new technologies to disrupt their market, […]
3 tips to help small businesses grow revenue in 2019
As the end of year draws closer, it brings a great opportunity for small business owners to take time to reflect and plan for the year ahead. The Westpac Small Business Report in collaboration with Deloitte found that small businesses have grown modestly in revenue terms relative to this time last year. While some are […]
Linking startup success with self-worth is disastrous, says entrepreneur Jamie Pride
Having birthed more than half a dozen startups and steered some of Australia’s biggest corporates, you’d think that Sydney’s Jamie Pride has much to say about success. Instead, the serial entrepreneur, venture capitalist and self-described ‘misfit’ is more interested in discussing the personal toll of failure. Noting the high rate of startup failure in Australia, […]
Don’t let your business underestimate Amazon – they have a secret weapon (and so can you)
Amazon’s recent Australian launch received a lukewarm reception, with average prices and faster shipping being the only apparent selling points. What you can’t see though is that their competitive advantage is behind-the-scenes of its website. Amazon embraces testing and experimentation, otherwise known as Conversion Rate Optimisation (CRO). Amazon succeeds where other online retailers fail because […]
How businesses can address low engagement levels amongst their millennial employees
Millennials crave a clear career path, mentoring, training and other learning opportunities. Millennials, defined as those aged in their 30s and below, now make up an increasing percentage of the workforce. However, research suggests that businesses are struggling to find ways to engage their employees, with 59% actively looking for their next employment opportunity. (1) […]
Why productivity is down despite a plethora of tech tools and how you can reverse the trend
If your employees are like most Australians, they work fairly long hours. But you can’t assume that just because they’ re working more, more work is getting done. Long hours might mean they love what they do and want to give it their all . Or it could mean their day is full of productivity […]
Westpac announces 200 Australian businesses that will help unlock $70b in economic value
As part of its Businesses of Tomorrow program, Westpac has today recognised 200 ‘outstanding’ businesses, including 20 ‘high-potential’ organisations, that have “demonstrated a clear vision to shape Australia’s economy… as it transitions to a services and knowledge-based economy”. The 200 ‘Businesses of Tomorrow’, which have a collective turnover of approximately $2 billion per year and […]
Sharing economy veterans officially launch their accelerator for the ‘booming’ sector
Australia’s first sharing economy accelerator, The Sharing Hub, had its official launch in Sydney on Monday (3 April). The quartet of start-up founders driving the initiative – Steve Orenstein (Zoom2u), Alexis Soulopoulos (Mad Paws), Will Davies (Car Next Door) and Mike Rosenbaum (Spacer.com.au) – spoke to Dynamic Business (DB) about Australia’s ‘booming’ sharing economy and the support […]
Are you making the most of the small screen?
As Australians go about their day – commuting on the bus, train or ferry, or going out for lunch – it’s rare to see them without their heads down, eyes glued to their smartphones. It has become ingrained into our daily behaviour, and has created a new path for businesses to find consumers. For SMEs […]
The fleeting role of the Chief Digital Officer
When it comes to innovation efficiency, Australia ranks 72nd – among the lowest of developed nations. This highlights the urgent need for businesses to think and act strategically about various digital transformation processes including big data, new technologies and adapting to new platforms like social and mobile. The more digital our interactions become, the greater […]
Small business banking in the on-demand economy: Curtains on nine-to-five services
In today’s always-on, always connected world, the swift and immediate provisioning of goods and services is no longer a nice-to-have, but an absolute necessity. Small business owners, just like consumers, are becoming far more empowered, connected and informed than ever thanks to the accessibility of information anytime, anywhere. The result? They enjoy almost infinite variety […]
Digital Disruptor Awards: entries close soon
Last chance: entries for the 2016 Digital Disruptor Awards close on Thursday, 4 August 2016. An initiative of the ACS, the professional association for Australia’s ICT sector, the awards recognise digital specialists and businesses transforming the digital economy. There are 12 different categories, comprising six individual and six team or project awards. These include the ICT […]
Digital disruption is offering smarter ways of engaging and serving customers: Deloitte
Riding the next wave of digital disruption is an opportunity for small businesses to better engage customers, according to Jenny Wilson, Partner – Customer Strategy and Insights Practice at Deloitte Australia. She spoke to Dynamic Business ahead of her appearance at Networx Sydney’s #nxsydDISRUPTED event in Sydney on Monday, 8 August. Solving problems in an innovative […]
Building a millennial flytrap – attracting and retaining the next generation of workers
Millennials have never been more important to Australian companies than today. In fact by 2020, millennials are expected to make up half of the Australian workforce, with their numbers set to reach 75 per cent by 2025. With this in mind, what do business owners need to know about this generation? Millennials are known to […]
What does the year ahead hold for ecommerce?
Ecommerce has grown at lightning speed in recent years, its impact felt in every aspect of our daily routines – and confirmed by the research and predictions handed down by industry thought leaders such as Deloitte. The multinational professional services firm recently published its predictions for 2016. Here are some of the takeaways from the report: 150% Rise in ‘Touch […]
Australia’s digital economy valued at $79 billion: Report
A new report released by Deloitte Access Economics has calculated that Australia’s digital economy is now valued at $79 billion, passing the $70 billion estimate forecast to be hit in 2016.
Small tech pioneers IPO gains
A handful of Aussie tech companies are proving that it’s not just the big companies who can cut it on the ASX.
Refining online strategy the key to survival for SMEs
Many small business owners feel they don’t have enough time to develop digital engagement strategies, or are sceptical about the dividends it will return to their enterprise. However, Google Australia’s head of small business marketing Rich Flanagan says that taking the plunge can be worth it because it is likely to boost your revenue and […]
Gloria Jeans franchise wins accolades
Gloria Jeans has collected two honours in the 2011 Australian Business Awards, being named alongside a number of big businesses recognised for being progressive and innovative.
How rewarding are business awards?
It’s tough, running a small business, knowing you’ve got a great product, but not knowing how to let everyone else in on the secret!