See KDK Bulletin 29 June 2017 for Digital HR with Capgemini, MinterEllison on ransomware attacks, BCA against SA Govt’s bank levy, Inventium on need for innovation in Aust retail and women in financial services by University of Sydney. This week’s expert is James Abbott from Allen & Overy.
Read MoreThere’s never been a better time than today to be a woman in financial services. The financial services industry, worth $2.5 trillion and the largest contributor to Australia’s economy (ahead of mining and manufacturing), is forecast to increase in value to $4 trillion by 2025.
Read MoreWhy retirement village contracts need to be regulated like insurance. See article by Dr Tim Kyng, senior lecturer of Actuarial Studies at Macquarie University’s Department of Applied Finance and Actuarial Studies, in The Conversation.
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The role of HR needs to change considerably. Instead of managing the processes and transactions, it needs to play a central role of driving the organisational culture, ensuring right skills for the roles and measuring the right metrics to ensure best possible outcomes.
HR will also be one of the fastest areas to adopt digital to the point of being business critical. A few of the areas that have started taking a business critical position include the following:
Read MoreListen to Dr Tim Kyng, from Macquarie University’s Applied Finance and Actuarial Studies, comment on retirement village contracts on today’s ABC AM program and ABC News.
Read MoreSee KDK Bulletin 22 June 2017 on Spot the irrational CEO by Behavioural Finance Australia, AMP on SMSF activity surge, Annual wage review a ‘gamble’, and manufacturing is far from dead, a new report from The Australia Institute. A matter of fact is by the Grattan Institute on how to save $700m on tertiary education lending. This week’s expert is Mina Ames from Russell Reynolds Associates.
Read MoreA 15 per cent loan fee on all new tertiary education lending could save the Commonwealth $700 million a year and make the Higher Education Loan Program more affordable for government.
Read MoreSee Paul D’Arcy, senior vice-president of global no 1 jobsite Indeed, comment in The Australian today. D’Arcy says Australia has companies crying out for senior IT talent but we are in danger of losing them to other countries because of our ‘unwelcoming’ 457 visa rule.
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When assessing CEO behaviour, most investors focus on what I would call “rational factors”: are CEO/CFO incentives aligned with shareholders’, do they have skin in the game, do they have the requisite skills and experience, do they have a successful track record, can they articulate a compelling strategic vision, might they be trying to deceive or manipulate shareholders, etc? Certainly these are relevant considerations.
Read MoreSee KDK Bulletin, 15 June 2017: John Keyser on kindness in leadership│Debiasing decision making with McKinsey & Company│Finkel Review on electricity market │ Mineral Council on electricity │ Social media clauses in prenuptial agreements. This week’s expert is Melissa Alexander from Pitcher Partners
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There is an increasing trend in America for couples to include social media clauses in their prenuptial agreements. Generally, social media clauses specify that no nude or embarrassing photographs of the other spouse may be posted on social media sites by either party to the marriage.
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Strong leadership and kindness are not mutually exclusive. In fact, they fit together effectively. The most successful leaders treat their team members with kindness. They realize that kindness is motivating.
Read MoreSee KDK Bulletin 8 June 2017 for Russell Reynolds on Board management, NSW property taxes target foreigners, Allen Overy on foreign bribery laws, and non-financial performance EY survey. A matter of opinion is by Deloitte on the rise of ‘Homer Simpson’ as your most popular customer. This week’s expert is Mark Calvetti from William Buck.
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Recently, I clicked on a link offering a free computer-based assessment of the price of my house. Quickly, it became apparent I would be forced to register for an account before I could see the report.
Read MoreThe Board of a highly successful and high performing US materials company wanted an independent assessment of the Board in certain areas. The Chair wanted to review the Board culture to gain a deeper understanding of Board dynamics, to enable the Board to work together more productively and effectively, and provide an understanding of the relationship with the CEO and management.
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