Co-working spaces combine the start-up experience with the perks of larger companies to help growing businesses engage talent – and they’re increasingly self-sufficient ecosystems that thrive on B2B trade. So says Brad Krauskopf, founder and CEO of Hub Australia. Launched in 2011, the company expanded its network of co-working spaces, last month, when it opened Victoria’s largest co-working space, […]
Businesses are keenly aware that innovation is increasingly necessary for survival, let alone success, but many still struggle with the notion that innovation is not without risk of failure. There is a prevailing belief that failure is a weakness, and this works through all layers of the business: from the board through to management, to […]
New technologies continue to launch in the blink of an eye meaning it isn’t always easy for business leaders to discern which will and won’t advantage their organisation. To help you identify the best tech bets for 2017, here are five guiding principles. 1. Spot the exponential curves and work out the customer value proposition within them Disruption by low-cost competitors […]
Throughout the world, the pace of digital disruption is increasing by the day. Business models are being challenged, workplaces altered and career paths brought into question. Change has become the only constant. To survive in this ‘new normal’ world, organisations must constantly strive to innovate. Those that do stand to succeed, while those that don’t […]
The Victorian Government has contributed more than a million in funding towards a program that will help unemployed youth into jobs in the technology sector. According to Roger Antochi of Talent RISE, one of two organisations delivering the program, it will also benefit SMEs hungry for ‘fresh talent’ and innovative muscle. The $1.2 million Jobs […]
Businesses must navigate a multitude of risks daily. While large companies tend to have dedicated “risk management” departments, which monitor threats to profitability, among SMBs, risk management often begins and ends with physical risks, including those posed by work health and safety hazards. But what of the risk of competition, market conditions, cyber security breaches and emerging industry disrupters? SMBs can’t afford to take these risks for granted, […]
A Sydney-based ‘Hipster-Hacker-Hustler’ trio was awarded top honours at Johnson & Johnson’s inaugural Health and Technology Challenge, ‘HaTCHathon’, having impressed the judges with their innovative smartphone program designed to assist people recovering from knee reconstructions. The weekend-long ‘hackathon’ event, held last month (9 to 11 September), challenged students, health tech experts, entrepreneurs, and start-ups […]
EnergyAustralia has invested $9.3 million in Brisbane-based solar energy start-up Redback Technologies, establishing a partnership aimed at increasing the uptake of reliable, affordable and cleaner energy solutions among homeowners. Under the partnership, Redback’s integrated hardware and software technologies, which capture, store and manage solar energy, will be promoted to EnergyAustralia’s 1.7 million customers in Victoria, […]
Government initiatives, such as the Coalition’s Incubator Support initiative, are of huge benefit to Australia’s start-up ecosystem but there needs to be a greater focus on education for emerging business people, according to Jack Delosa, founder and CEO of the Entourage, a leading educator and community of entrepreneurs. Announced last week, the Turnbull Government’s Incubator […]
This year, Microsoft purchased LinkedIn for $US26.2bn and Uber was valued at $US62.5bn. How is it that a handful of founders, starting out with little more than an idea, are managing to create multi-billion dollar businesses, when our largest companies with far greater resources, are struggling to replicate that performance? When it comes to enterprise, a poorly-defined […]
