Legal decisions in the wake of corporate failures like Enron, WorldCom and, in Australia, Centro continue to reinforce financial literacy as imperative for business leaders. But we are yet to demand the same of arguably the biggest game changer of all, technology. The impact of emerging technologies, including social media platforms that allow instant global communication, is deeply disrupting the nature of business. In some … Continue reading Is digital literacy the new financial literacy?
Leaders of smart companies are keeping an eye out for how deeply digital disruption is changing the shape of our lives and the many opportunities this presents for doing things differently. And there are no sacred cows. Take money-as-we-know-it and the institutions that manage it on our behalves, banks. Love them or hate them what we don’t really question is that they have a place … Continue reading Are digital currencies the future of money or is everything old just new again?
I have written a lot about senior executives being slow to adopt social technologies but what surprises me more is a lack of know-how across many heads of function who should be positioning it within the organisation. Many senior managers are not up to date with game-changing developments that could derail their companies or bringing the right research to the table to influence strategy. Yet … Continue reading Stop pointing the social media finger at leaders
Only hours after the shock resignation of Ted Baillieu and emergence of Denis Napthine as Premier of Victoria (Australia) he announced “at least I’m not burdened by high expectations.” At least, the fake @DenisNapthineMP “not currently the Member for South West Coast in the Victorian Parliament and Premier of Victoria” did. The fake @DenisNapthineMP Twitter account was tweeting opinion before the real Premier was able … Continue reading Political impersonation, fake Twitter accounts & owning your social media assets
Over the years I’ve been talking about the importance of social media the most common question I get asked is: how do I influence the boss? I used to respond to this by sharing how I’d influenced a conservative regulator to enter the space years before social was considered a legitimate channel. My advice was: Commission research from an expert in your field Educate the … Continue reading Want the boss on board with social media? First get your own house in order
The hype around social media is intense: eight new people are coming online a minute and there are predictions that by 2016 the internet economy will be worth $4.2 trillion. There have been calls for executives to get online and talk to customers, suppliers, employees. (That’s in their “spare time”, right?) Meanwhile, those same leaders are scrounging for every cent of savings. So the question remains: is there … Continue reading Is social media a waste of money or a savvy investment?
Hardworking executives may have been surprised at research last year that found Australian leaders lagging on many of the key management indicators correlated with productivity. Among the gaps highlighted by an Ernst & Young reportwas a deficiency in people-management capability, particularly with respect to instilling a “talent mindset” across business. The report, called Productivity Pulse, showed that managers were underutilising the existing skills of employees, and they … Continue reading Don’t leave social media out of the productivity debate
That technology impacts every area of our lives from the way we meet to how we learn and work hardly needs to be said. From innovations such as a zero liquid discharge that oxidizes and evaporates sewage to apps that regulate our bodies; the crowdsourcing of funding, news or health, the benefits are well documented and generally embraced. But it’s the insidious colonization by technology of daily life that is polarising people into camps … Continue reading Technology is about people not tools
In the US most Fortune 100 companies are actively using social media and that’s because it contributes to the bottom line. Fortune 100 companies have moved from thinking about social media to using it as a mainstream channel to gain greater access to their customers, suppliers and staff. However there are still plenty of executives wrestling with the implications of social media. They are asking questions … Continue reading We advise boards & executives on social media for business & are rated top 1% for global community influence by Kred
Do you want to be part of the estimated $1 trillion online economy of 2013? Do you want more of the $272,000 spent online each minute? Does your product/service impact people? Do you want to engage with them or have them love your brand Do you want to remain relevant? Backstory In June this year media giant Fairfax announced a massive shake-up of its business … Continue reading Do you belong in the $1 trillion online economy in 2013?