Knowledge@Australian School of Business - Video Interviews

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Knowledge@Australian School of Business - Video Interviews episodes

May 01, 2019 How the Leadership Challenge is Not About Numbers
A two-year study into the services sector – where 85% of employed
Australians now work – shows intangible factors, such as progressive
leadership, the employee experience and innovation, may have a far
greater impact on an organisation's profitability than old-school number
crunching, cost-cutting and capital considerations. As manufacturing
dwindles in significance, a shift in focus to intangible attributes
presents the new way forward for employers. Now the federal
government-funded research project – led by Christina Boedker of the
Australian School of Business – is moving into phase two to develop
intervention strategies to find effective ways to improve productivity, a
field in which Australia is leading the way.
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May 01, 2019 Tomorrow's Innovators: Heads in the Cloud and Smart Phones in Hand
Sources of innovation have exploded over the past decade as companies no
longer look internally for bright ideas but also tap into the public's
smarts via the Internet. The possibilities are seemingly infinite, so
pinning down exactly which next new things to develop requires a clear
understanding of the big picture. Patrick Medley, managing partner of
Global Consumer Products at IBM Business Services, identifies three
game-changing trends coming from the evolution of smart phones – the
gadget of the future – and cloud computing. It's early days yet, but
could the days of the PC really be numbered?
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May 01, 2019 Catastrophe Bonds: Sharing the Risk of Natural Disasters
The cost of the devastation from Australia's recent natural disasters is
still being counted. Floods in Victoria and severe storms on both sides
of the country, along with the earthquake damage in New Zealand, have
impacted on the lives of thousands. Strangely enough, these events often
occur in clusters which means insurers are also hard hit. But, these
days insurance companies can transfer their risk to the capital markets
through catastrophe bonds. With these relatively new assets increasing
in popularity, Julian Lorkin of Knowledge@Australian School of Business
asks Morton Lane, head of the financial engineering program at the
University of Illinois, about insurers' latest means of passing on
risk.
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May 01, 2019 Tapping Productivity: How Zip Industries' Innovators Hit Boiling Point
Entrepreneur and innovator Michael Crouch, chairman and
CEO of Zip Industries, once saw a big opportunity in a small white box
with red taps. By fostering an innovative spirit and daring to be
different, his business created the world's first instant boiling water
system. Today Zip water heaters are in service in the royal household in
Buckingham Palace and numerous offices and factories across the globe.
Innovation – as an ongoing process and vital mindset within
organizations – has become Crouch's driving passion. In an interview
with Knowledge@Australian School of Business, he outlines how it could
apply heat to Australia's tepid productivity record.
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May 01, 2019 New Technologies: Beyond the Lure of the Virtual Is a Need to Get Back to Reality
From video games to remote surgery, virtual possibilities abound. In
workplaces, distributed teams and simulations are considered smart
productivity-enhancing ways of tapping into new technologies. However,
the virtual world needs a reality check, argues Stanford University's
Stephen Barley, an expert in the impact of new technologies at work.
Cutting edge it may be, but virtuality is not directly reducing costs
for business, instead it's increasing accuracy and accelerating
turnaround times. At an Australian School of Business seminar, Barley
outlined the upsides – and downsides – of succumbing to the lure of the
virtual.
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May 01, 2019 Knowledge@ASB - Tax Reform: Picking Up Pace for Bringing on Henry
It's a year since the release of the report on Australia's Future Tax System Review,
headed by recently retired Treasury chief Ken Henry. The review was
just the start of the Labor Party fulfilling its election promise of a
"root and branch" overhaul of taxation. But one year on, not many of the
review's 138 recommendations – including a resources rent tax, a 5% cut
in company tax and a leap in the personal tax threshold – have been
enacted. However, review panel member, John Piggott, an economics
professor at the Australian School of Business, says there are positive
early signs of change, and several decades for reform.

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May 01, 2019 Superannuation: What's Wrong with Australia's Retirement Plans?
Australia's superannuation savings may be the envy of the world with
A$1.23 trillion now in the pot to help its ageing population live more
comfortably in retirement. But Australia's approach to retirement saving
is only half right, according to David Blake of the UK's Pensions
Institute, who spoke at a recent Australian School of Business
conference on longevity risk. Substantial super savings may have helped
the nation to weather the financial crisis, but they will not go the
distance as people live increasingly longer lives. It's time for Aussies
to hedge their risks, and annuities are the way to go.
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May 01, 2019 Driving Tourism: Is It Time for the Kangaroo to Take the Backseat?
The latest novel push by authorities to bring more international
tourists to Australian shores seems oddly timed. With the Australian
dollar running at record highs, some suspect it will backfire. However,
Larry Dwyer, a professor of marketing at the Australian School of Business,
anticipates the opposite may happen. The new marketing drive may raise
the consciousness of locals to the appeal of holidaying closer to home
and, with domestic holidays accounting for 75% of tourism down under,
this may be just the boost the industry needs. But this is no time for
complacency, Dwyer cautions. Australia must look beyond its traditional
attractions and focus on promoting a range of valued experiences for
travellers.
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October 04, 2012 VIDEO - Expert Opinion: How To Move On From an Economic Meltdown
Many of the world’s economies are still struggling to recover from the
global financial crisis. The threat of a crisis Mark II is not out of
the question, though it’s unlikely, says Anne Krueger, a former chief
economist of the World Bank, and first deputy managing director of the
International Monetary Fund from 2001 to 2006. Speaking at an Australian
School of Business forum on global competitiveness, Krueger evaluates
efforts to untangle the aftermath of the crisis and determines that
there has been too little action, too late.
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October 04, 2012 VIDEO - IMF Insights: Finding the Right Position for Australia in the Asian Century
Australia, with its sound and well-managed financial system, stands to
reap significant benefits from the economic growth in Asia. But a key
question remains: how should Australia position itself in the Asian
century? Reaching a consensus on this is crucial, according to Masahiko
Takeda, deputy director of the International Monetary Fund in the Asia
Pacific, and the fund’s division chief, Cheng Hoon Lim. The IMF experts
acknowledge that the Aussie dollar is presently overvalued. Nonetheless,
at a recent University of New South Wales forum, they insisted that
there are plenty of potential opportunities for Australia in the Asian
region.
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