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Tuesday, August 19, 2008

The Information Future of the Corporate Board


Boards won't be well positioned to take on greater responsibilities for company performance unless they can have access to the right information at the right time. However, despite the growing availability of information about publicly traded companies, directors traditionally rely solely on information that comes from management when they make boardroom decisions.

This condition of dependence results from what we term "information asymmetry." And if boards are to effectively fulfill their duties, they may well want to shift the balance by seeking - with management's blessing - both more information and information from independent sources. Read the full article and find a link to the accenture report here.

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Thursday, August 14, 2008

Yes, Companies Are Responsible for Charity


It's Wrongheaded to Think Businesses' Social Awareness Doesn't Matter to Employees, Consumers, Investors

Writer Jonathan Salem Baskin appeared to channel economist Milton Friedman in his July 21 Ad Age column ("Transparency, Not Charity, Is Corporation's Responsibility") when he asked, "So where in the game rules does it say that companies have to be 'responsible' for anything other than profits?" Let's check the rule book for a few key constituencies whose increasing expectations, strong voices and behavior are changing the game. Read the full story by Mike Lawrence from Ad Age now.


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Thursday, July 10, 2008

Australia's Emissions Trading Scheme: An Opportunity


Speech by BCA President Greig Gailey to the Committee for Economic Development of Australia

The introduction of a national emissions trading scheme is the single most important policy decision the Rudd Government will make before the next election.

The introduction of an Australian emissions trading scheme and a price on carbon will affect business, industry and households in ways that many of us are yet to fully understand.

The right design will allow Australia to contribute to reducing global emissions in a manner that does not lead to excessive costs to our domestic economy.

Getting the policy right requires balancing often competing but interdependent demands. This includes fostering economic growth while cutting emissions, providing assistance to households and industries adversely affected, and aligning Australia’s strategies with global action.

To download the speech, visit this link:
SPEECH AUSTRALIA'S EMISSIONS TRADING SCHEME - AN OPPORTUNITY
Keynote address to CEDA
Shangri-La Hotel, Cumberland Street
Sydney, Greig Gailey, President, Business Council of Australia

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Wednesday, May 7, 2008

IBM study: CEOs accept change as a permanent state


Wake-up call for A/NZ executives

Seeking insight into the 'enterprise of the future' IBM yesterday released the findings of what it claims is the biggest global study of CEOs ever conducted.

Based on face-to-face interviews with 1,130 CEOs from 40 countries across 32 industries, including 69 executives in Australia and New Zealand, the study identified the main challenges likely to shape the future of business.

It revealed widespread concern by CEOs about their organisation's ability to absorb and manage change as well as a widening gap between winners and losers in the global economy. Surprisingly, a high number of CEOs saw change as an opportunity to build new competitive advantage. Overall, 83 per cent of respondents expect substantial change in the future, an increase of 28 per cent in just two years. See the full report from computerworld here.


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Wednesday, October 10, 2007

Agencies Will have to Steer Marketers Towards the Big Ideal In This Marketplace, the Four P's Are No Longer Enough


By Jonah Bloom

For years now, corporate-communications experts have been telling anyone who will listen that a company's financial performance is tied to what the company stands for beyond the balance sheet. But their theories have fallen on deaf ears, with colleagues in the marketing department preferring a brand-centric focus on price, promotion and product benefits to the business of dealing with awkward issues and their company's place in the world.

Read Full Article

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Tuesday, August 14, 2007

Virgin America: Like a Multimillion-Dollar IPod That Flies



Virgin America launched its U.S. air service yesterday, and immediately staked a claim as the most geek-friendly airline yet invented. It's also one of the most comfortable and pleasant to fly in -- and it's reasonably priced. Take a look at the amazing fit out at wired.com

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Tuesday, July 31, 2007

Business leaders given APEC planning guidelines at Sydney CBD emergency planning forum 1 August 2007


Businesses with operations in and around Sydney's CBD must prepare now for the impact of the Sydney's APEC forum to be held between 2nd - 9th September, emergency planning specialists told business leaders at a Sydney forum today. Speaking at the Janellis APEC emergency planning forum, Emergency Planning specialist, Mr Brendan Beckett Director of Janellis Australia said: "APEC raises some significant concerns for the Australian business community around issues such as CBD security zoning, mass gatherings, increased police presence and the public holiday. All of these factors will impact on normal business operations". Read the full media release here.

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Finance Sector Acknowledges Economic Impacts of Climate Change


Senior finance industry representatives have agreed that the economy-wide costs of ignoring sustainability issues such as climate change outweigh the costs of addressing it and believe further leadership is needed to encourage companies to report on sustainability risks. That's according to industry opinion polling released today by Finsia - the Financial Services Institute of Australasia - which represents 20,000 finance industry members in Australia and New Zealand. Read the full opinion poll from Finsia here.

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Monday, July 23, 2007

Privacy Is The New Black



After a week where Ask launched AskEraser, a product that allows users to erase their search history, and Google announced a reduction in retained data time from 2038 to 18 months, more privacy initiatives are on their way.
According to the Wall Street Journal, Microsoft will officially announce Monday "new policies and technologies to protect the privacy of users of its Live Search services" and Yahoo will announce plans for "a policy to make all of a user's search data anonymous within 13 months of receiving it."
Read the full article from techcrunch here.
Image Credit (New School)

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Sunday, July 15, 2007

Cisco CEO, John Chambers discusses the impact of web 2.0 on business communication.


Chambers says whilst blogging is "cool" and podcasts are "nice", the real growth story in web 2.0 is its use as a business productivity tool. "The ability to virtually be in the same room wherever you are around the world - and share the same data, the same voice and video fixed and mobile... then tie it all together in a simple, one click to use ability." See the Vlog here

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Tuesday, July 10, 2007

An Olympic PR Challenge


Among the nightmares that might plague a marketing executive, bankrolling an event that some call the Genocide Olympics could well be one of the worst. But that's just what the likes of Adidas, Coca-Cola (KO), General Electric (GE), Johnson & Johnson (JNJ), Kodak, McDonald's (MCD), Samsung, Visa, and others are facing. As Beijing prepares for the Summer Games in August, 2008, activists around the world are planning to take China to task over issues ranging from the Dalai Lama to Darfur. And the multinationals that have coughed up tens of millions of dollars to sponsor the Olympics are caught in a public relations bind. Read the full article from Business Week here

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Monday, July 9, 2007

ICANN Plans October Launch of '.asia' Domain


Internet addresses ending in ".asia" will be open to governments and trademark owners starting in October, with general registrations coming in 2008. The initial round, which starts October 9, is limited to governments desiring geographical names such as "china.asia" and those with trademarks applied before March 16, 2004, and actively in use. Read the full article from Businessweek here

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Thursday, June 7, 2007

PM up to speed on broadband


JOHN Howard will attempt to leapfrog Labor on broadband by promising fast services to all Australians, guaranteeing coverage of blackspots in outer-metropolitan areas and southeast Queensland.
Read the full artlice from The Australian here

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Internet Visionaries Betting On Green Technology Boom


Bill Gates, John Doerr and Steve Case believed in the Internet long before Wall Street did. Now, they're betting on the next great "disruptive" technology: alternative fuels and other environmentally friendly products, but this time other investors aren't far behind.
See the full article from the Washington Post here

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Telstra hit over virtual Uluru



TELSTRA is being investigated by Uluru's administrators and the Sydney Opera House Trust after cashing in on the images of Australia's two most famous landmarks as part of its extensive investment in the online world Second Life.
Read the article from news.com.au here

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Can your business change the world?



Last night, I was in a town hall full of small business entrepreneurs who are committed to changing the world. Hosted by celebrity chef Kylie Kwong, Fair Trade Fiesta was a marketplace of businesses dedicated to ethical, sustainable or fair trade practices.
Read the full article from SMH here

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Comedy Business Turns to the Web


LOS ANGELES - For Will Ferrell, who commands up to $20 million for movies like "Anchorman" and "Blades of Glory," starring in a short Web video may not seem like the best use of time.

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Tuesday, June 5, 2007

Blog coming soon


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