In today’s complex economic environment, board leadership is crucial for driving the productivity growth that’s pivotal to sustaining business and national prosperity. While mergers and financial engineering have concentrated industries, they haven’t produced the innovation necessary for growth. Boards must recalibrate strategies, focus on problem-solving, and leverage technology to overcome...
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AI-driven problem-solving is reshaping business, augmenting routine tasks and optimising operations. While unleashing the upside of AI, leaders can’t lose sight of its shortcomings, nor get strategically distracted. Indeed, AI only elevates the need for critical thinking by leaders. Artificial intelligence (AI) has quietly been transforming businesses for years. You’ve...
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Solving wicked problems is crucial for executive, board, and organisational success in today’s increasingly complex world. Practical advice and tips from experience are explored in this article, which can be applied in your business today. Key Takeaways Differentiate between simple, complicated, complex, and chaotic problems. Recognize and dispel myths about...
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In the ever-evolving business landscape, senior executives like you must continuously adapt and develop key skills to thrive in the next five years and beyond. This article delves into critical skills for C-suite leaders, necessary for navigating strategy, complex problem-solving, and leading business transformation. Combining insights from thought leaders with...
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Artificial intelligence will be transformative for society but if left to business or government alone to develop it presents serious perils.
Later this year, Australians will vote in a referendum to decide whether to change our nation’s Constitution to include an indigenous Voice to Parliament. Our Constitution is the set of rules which govern the federal Parliament, executive government, and the High Court. This vote is one of the privileges of...
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As company directors, business leaders and workmates – we’re all responsible for safety in the workplace. We carry a legal and moral obligation for the health and welfare of our people. This includes their mental health. As such, we must identify and address potential cause of harm. In this context,...
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As a government minister, board director, or executive, your success relies on good decisions rooted in robust advice. But in our complex, volatile and uncertain world, how do you get experts to deliver trustworthy advice? The answers lie in the behavioural sciences and the practices of complex problem-solving. “It’s hard...
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There have been a string of failures in Australian construction companies. It’s one sign of more systemic problems in Australia’s approach to infrastructure provision. Previous attempts to resolve these problems have been largely ineffective. Action must be taken to remove impediments to productivity, innovation and public value creation. Without it,...
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We live in an era of phenomenal technological prowess. There is little that is technologically impossible, that can’t be engineered. Engineering is also one of the few professions that truly creates new value, new possibilities, new jobs. Yet the products of engineering are so pervasive they are invisible to the casual observer. The power of engineering is largely taken for granted. Engineers are like ‘invisible gods’ … but this must change.