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Articles on Business management

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In the absence of legal guidelines, companies need to establish internal processes for responsible use of AI. Oscar Wong/Moment via Getty Images

What is ‘ethical AI’ and how can companies achieve it?

Companies that want to avoid the harms of AI, such as bias or privacy violations, lack clear-cut guidelines on how to act responsibly. That makes internal management and decision-making critical.
Elon Musk’s cold, impersonal approach to management treats employees like cogs in a machine instead of human beings. (Patrick Pleul/Pool via AP)

Elon Musk’s archaic management style prioritizes profit over people

If Elon Musk’s aggressive management style proves to be successful for Twitter, it could result in other business leaders following suit and turning to unhealthy leadership practices.
Research shows entrepreneurs pondering how to exit their companies most often turn to close friends and family for guidance. (Razvan Chisu/Unsplash)

Social networks play a key role when entrepreneurs cut ties to their companies

Social ties can help entrepreneurs acquire necessary information and insights about their plans to exit a company, as well as provide them with emotional support.
When the environment and businesses meet, who will make sure one doesn’t suffer at the hands of the other? Lukas / Pexels

US business schools failing on climate change

Though business and industry are significantly contributing to climate change, business schools across the country are not preparing our future leaders for the dramatic shift this planet needs.
There are reasons to believe the promise of people analytics may not live up to the hype. shutterstock

Why algorithms won’t necessarily lead to utopian workplaces

Despite its promises, people analytics has serious ethical implications and can adversely affect organisations and how people are treated at work.
Manufacturing’s shrinking place in Australia’s economy has cleared space for growth and innovation in new industries. Gateway Technical College/Flickr

It’s not all about government, business managers can foster innovation too

In the lead up to Prime Minister Malcolm Turnbull’s much anticipated innovation statement, Anthony Arundel highlights the need for the business sector to widen its perspective on innovation.
Do I look like I need leading? Linda Tanner

Why autocratic bosses are a dying breed

The idea that everyone wants leadership and wants to be led is a popular one, especially among corporate CEOs, but how true is it? Recent political events in Ukraine and Thailand should focus business…
In crowd-share innovation, collaboratively building messy physical models and envisioning new futures with a wide array of props allows latent ideas to move beyond the limits of conversation and into the territory of gestalt.

Rethinking innovation: harnessing the collective creativity of the crowd

The past few years have seen a resurgence in design as a driver of innovation. This has been visible in the popular managerial press and also the scholarly debate in management and design. Many foreign…
Having a sound corporate vision is a key driver of a company’s success, but a recent study suggests that most employees are ignorant of corporate strategy.

All talk, no action: why company strategy often falls on deaf ears

Corporate consultants often say that a company’s success depends not only on having a clear vision, but the ability to articulate it to all levels of staff. But how many employees know or understand the…
No dearth of talent here… but Australia could learn from the Olympics how to attract the best global skilled workers.

Searching for an olive branch in the global war for talent

Last year, thousands of athletes from hundreds of countries competed in the London Olympics. The International Olympic Committee had no difficulty attracting the world’s leading sporting talent because…
People power: organisations can set themselves apart by effectively engaging with their short-term and long-term employees. Image from www.shutterstock.com

Short-term gain or long-term pain? Finding HR solutions for a flexible workforce

A recent conference organised by the Australasian Talent Conference, Contingent - the new perm, puts an interesting spin on the need to develop more effective and efficient organisations. Its focus is…
A jugaad is not only the name for the jalopies driven by India’s rural poor; it also refers to a management technique that refers to that country’s capacity for indigenous innovation. lut4rp

All hail Jugaad? Understanding the latest management fad from India

What do India’s huge blackouts this month have to do with the latest fad for CEOs? Forget guanxi, the Chinese art of networking; forget the Japanese-inspired disciplinary regime, the Six Sigma way. The…
There are vast opportunities for firms to improve productivity at the enterprise level. Image from www.shutterstock.com

How individual firms can solve the ‘productivity paradox’

Commentators are urging government and others to do whatever they can to improve productivity in Australia because it is a key driver of prosperity, living standards and national wealth. While recent reports…
Confronted with poor productivity growth and middling economic performance, it’s time for Australia’s managers to step up their game and skill up. Image from www.shutterstock.com

Productivity growth provides a reality check for the lucky country

As Australian economists and thought leaders continue to ponder what will happen when the resources boom ends, declining productivity levels are causing alarm. According to the global survey by the Economist…

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