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What matters most? Five priorities for CEOs in the next normal
Homayoun Hatami & Liz Hilton Segel, McKinsey & Company, 08 September 2021Over the course of the pandemic, businesses have largely – and often successfully – adapted to new ways of working. They have embraced digitisation and reorganised their supply chains. All of this has been necessary, but it will not be enough. To prepare for the post-COVID-19 era, leaders need to do more than fine-tune their day-to-day tasks –...
adaptive leadership
governance
How we will use artificial intelligence in 20 years’ time?
07 September 2021In this episode of The Economist Asks podcast, Kai-Fu Lee, one of the most prominent figures in China’s tech sector and author of “AI 2041”, discusses how artificial intelligence will have changed the world in 20 years’ time. He explains the impact machine learning will have on jobs and why an algorithm could spot the next...
socio political environment
CEOs are dooming business travel - perhaps for good
Alexander Michael Pearson, Tara Patel & William Wilkes, The Sydney Morning Herald, 01 September 2021Business travel as we’ve known it is a thing of the past. From Pfizer, Michelin, and LG Electronics to HSBC and Deutsche Bank, businesses around the world are signalling new communications tools are making many pre-pandemic-era trips history. A Bloomberg survey of 45 large businesses in the US, Europe, and Asia indicated 84 per cent plan to...
socio political environment
Google pushes its return to the office back to 2022
Rishi Iyengar, CNN Business, 31 August 2021Google has postponed a full return to the office, announcing that its employees can continue to work remotely until next year. The decision follows similar ones already made by the company's tech industry peers like Facebook and Amazon. "Beyond January 10, we will enable countries and locations to make determinations on when to end voluntary...
socio political environment
Facebook quietly makes a big admission
Gilad Edelman, Wired, 31 August 2021The basic premise of any AI-driven social media feed is that you don’t need to tell it what you want to see. Just by observing what you like, share, comment on, or simply linger over, the algorithm learns what kind of material catches your interest and keeps you on the platform. That’s why the company’s latest announcement to expand a trial to...
socio political environment
China bans kids from playing video games during the week
CNN Business, 31 August 2021China has barred online gamers under the age of 18 from playing video games on weekdays and limited their play to just three hours most weekends, marking a significant escalation of restrictions on the country's massive gaming industry. Starting this week, minors will be allowed only an hour of play time between 8pm and 9pm on Friday, weekends,...
socio political environment
Lendlease warns Federal Government not to miss net zero carbon emissions ‘opportunity’ at October UN climate conference
ABC News, 30 August 2021Global property developer Lendlease warned the Australian Government not to miss the opportunity to commit to cutting carbon emissions to zero by 2050, at October's United Nation's climate conference in Glasgow. The call comes as the Australian Institute of Company Directors establishes a local chapter of the global Climate Governance...
socio political environment
Cal Newport on a world without email
This Working Life Podcast, ABC, 30 August 2021In this episode of the This Working Life podcast, computer science professor and author Cal Newport explores how email interrupts workers every six minutes. He discusses how emails prevent deeper, more focused work that actually needs doing, and walks through why our relationship with email is dysfunctional and how to...
socio political environment
Amazon’s biggest, hardest-to-solve ESG issue may be its own workers
Todd Wasserman, CNBC, 29 August 2021The US National Council on Occupational Safety and Health has included Amazon in its “Dirty Dozen” list of the most dangerous employers in America. Earlier this year New York Attorney General Letitia James filed a lawsuit against Amazon for inadequately protecting workers amid the COVID-19 pandemic. Workplace issues are being factored into...
corporate responsibility
socio political environment
corporate reputation
Are employees a cause of bad management?
James Adonis, The Sydney Morning Herald, 27 August 2021Most research on reasons why employees hate their job is typically directed towards a single culprit: their manager. But employee engagement expert James Adonis asks, could it be some employees are in fact the cause of their boss’ bad behaviour? That’s the premise of a fresh study, the findings of which are due to be published next month, run...
governance