Momentum

The business magazine of UQ Business School

Keeping you up-to-date on the latest business thinking, research insights and expert opinion. Subscribe to get Momentum updates delivered straight to your inbox.

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  • Non-humans are moving into frontline roles. But would you really want to work with a robot – and can they offer long-term value to a business? New research helps leaders prepare for the future workforce.
  • Today there is no such thing as a product-only business, according to a new approach that aims to encourage innovation. Many manufactured products including TVs, mobile phones and ‘smart’ devices are there to deliver a service, yet often the service element is greater and more profitable than the product itself.
  • Achieving constant economic growth is unrealistic in a world with finite resources. But how do we change mindsets and limit consumption in a fair and acceptable way? Dr Cle-Anne Gabriel analyses models of business within a ‘degrowth’ economy.
  • Subtle differences in the upbringing of boys and girls could set the scene for inequality at work, research shows. Over 10,000 boys and girls in single-sex schools with surprising results.
  • Despite a series of suicides by high-profile chefs, conditions have not improved in Australian restaurant kitchens according to one UQ Business School researcher who is exploring ways to create change.
  • Technology has severed the chains which once bound workers to their desks. Today your fellow team members could be operating from almost any location – the coffee shop around the corner, or the other side of the world.
  • Platforms like Airbnb are reshaping traditional employment models and opening up new opportunities – but do they really offer the freedom they promise or are they a threat to workers’ rights?
  • From introducing robots in the workplace to persuading humans to work alongside them, leaders need to prepare for the brave new world ahead. But what skills will be most important for leaders as these technologies develop?
  • It is one of the fastest growing entertainment industries, yet esports lacks regulation and governance, leaving it open for unethical practices and risky behaviours. Although esports is fast becoming mainstream, it still operates in a world of its own, where none of the usual rules apply.

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  • Platforms like Airbnb are reshaping traditional employment models and opening up new opportunities – but do they really offer the freedom they promise or are they a threat to workers’ rights?
  • It is one of the fastest growing entertainment industries, yet esports lacks regulation and governance, leaving it open for unethical practices and risky behaviours. Although esports is fast becoming mainstream, it still operates in a world of its own, where none of the usual rules apply.
  • Traditional business thinking often operates with a one-eyed pursuit of economic growth, trapping leaders in a world that no longer exists. A new model by entrepreneur expert, Dr Lance Newey aims to offer a better way forward.
  • A new, high-value asset is being traded on global markets. Described as ‘the new oil’, data has powered the growth of digital giants like Amazon, Google and Facebook by allowing them to target customers more effectively and boost sales. Companies need to develop a more ethical approach or face a backlash, says UQ Business School data expert Dr Ida Someh.
  • Corporate scandals are often blamed on a couple of ‘bad apples’ in the ranks of management, but they are usually indicative of a larger fault in the system. Research shows how to avoid them by designing organisations with trust embedded in the foundations.
  • How can organisations restore confidence in the wake of a scandal? Recent research from The University of Queensland (UQ) Business School has identified a number of different approaches organisations can take.
  • "The finance industry’s narrow focus on creating shareholder value often has unintended consequences," says UQ Business School’s Professor Karen Benson. "It’s time for a new approach."
  • Millions of Australians are involved in community sport, yet clubs’ existence often depends on alcohol sales and sponsorship.
  • Cloud computing can offer real benefits for business but it also brings new challenges. Dr Micheal Axelsen, an IT expert from UQ Business School, says businesses need to understand the risks and address them.

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  • The view from Wall Street: Cryptocurrencies are here to stay, but the future of the technology may not reflect the disruptive vision of its founders, say UQ Business School Honorary Fellow, Dr Rand Low and alumnus, Emeritus Professor Terry Marsh.
  • "The finance industry’s narrow focus on creating shareholder value often has unintended consequences," says UQ Business School’s Professor Karen Benson. "It’s time for a new approach."
  • Fintech offers easy access to banking for millions of people in developing countries, but regulators need to find better ways to address the risks, says Dr Mamiza Haq
  • Brokers are the most popular way to find a home loan, but a new report suggests that banks should sell direct to the public instead. Professor Allan Hodgson asks if phasing out brokers could reduce competition and result in a worse deal for home buyers and smaller banks alike.
  • As the system behind Bitcoin, blockchain was once seen as the domain of arms dealers and money launderers. However it is now recognised as an important technology in its own right.
  • Australia’s financial regulator has clashed with the big four banks over their refusal to offer tracker mortgages. However, Associate Professor David Tripe and Dr Mamiza Haq argue that trackers could lead to trouble ahead for both banks and customers alike.
  • Aristotle's writings still have relevance for business today, says Professor Bernard McKenna. Perhaps the CEOs of the big banks ought to read them.
  • As finance departments face ever greater reporting demands, it is time to rethink the whole finance function and find ways to cut costs and improve the quality of management information.
  • The Islamic finance sector has seen rapid growth since the financial crisis. But is it really less risky than conventional banking – and how will new regulations affect the industry?

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  • Achieving constant economic growth is unrealistic in a world with finite resources. But how do we change mindsets and limit consumption in a fair and acceptable way? Dr Cle-Anne Gabriel analyses models of business within a ‘degrowth’ economy.
  • Technology has severed the chains which once bound workers to their desks. Today your fellow team members could be operating from almost any location – the coffee shop around the corner, or the other side of the world.
  • Traditional business thinking often operates with a one-eyed pursuit of economic growth, trapping leaders in a world that no longer exists. A new model by entrepreneur expert, Dr Lance Newey aims to offer a better way forward.
  • Innovation is the holy grail for today’s businesses – the hidden force that helps them adapt to changing demand, drive sustained growth and dominate their markets. So why are some companies able to continually reinvent themselves and stay at the forefront of their industry when others struggle to keep up?
  • Business model innovation can allow companies to transcend the competition and dominate their industry. However, not all innovations are created equal. Here is some advice on how to press the reset button.
  • Is the digital hospital roll out helping to improve patient care, or is it a waste of public money? A report by UQ Business School expert offers an independent verdict.
  • An economist is returning to his roots to explore ways to help smallholder family farms to innovate, improve productivity and increase family income.
  • Innovation has never been more important or moved so fast. Here Professor Mark Dodgson, an internationally renowned innovation expert from The University of Queensland (UQ) Business School, outlines the latest thinking on innovation, based on current research and insights from the technology revolutions in the past.
  • It’s blamed for pushing up property prices and squeezing out locals, yet Airbnb and similar platforms could offer potential community and economic benefits too. Should Australia follow American cities and regulate short-term rentals?

Pages

  • Non-humans are moving into frontline roles. But would you really want to work with a robot – and can they offer long-term value to a business? New research helps leaders prepare for the future workforce.
  • Subtle differences in the upbringing of boys and girls could set the scene for inequality at work, research shows. Over 10,000 boys and girls in single-sex schools with surprising results.
  • Despite a series of suicides by high-profile chefs, conditions have not improved in Australian restaurant kitchens according to one UQ Business School researcher who is exploring ways to create change.
  • Technology has severed the chains which once bound workers to their desks. Today your fellow team members could be operating from almost any location – the coffee shop around the corner, or the other side of the world.
  • Traditional business thinking often operates with a one-eyed pursuit of economic growth, trapping leaders in a world that no longer exists. A new model by entrepreneur expert, Dr Lance Newey aims to offer a better way forward.
  • Business model innovation can allow companies to transcend the competition and dominate their industry. However, not all innovations are created equal. Here is some advice on how to press the reset button.
  • People are the most important factor in a business. However, recent research has found that some traditional Human Resource (HR) practices are ineffective. Is it time for a new approach?
  • Regulating team moods is one of the most important roles for leaders, but they can pay a heavy price. Here are a few tips on how to be effective and avoid burn-out.
  • "The finance industry’s narrow focus on creating shareholder value often has unintended consequences," says UQ Business School’s Professor Karen Benson. "It’s time for a new approach."

Pages

  • Non-humans are moving into frontline roles. But would you really want to work with a robot – and can they offer long-term value to a business? New research helps leaders prepare for the future workforce.
  • Today there is no such thing as a product-only business, according to a new approach that aims to encourage innovation. Many manufactured products including TVs, mobile phones and ‘smart’ devices are there to deliver a service, yet often the service element is greater and more profitable than the product itself.
  • Despite a series of suicides by high-profile chefs, conditions have not improved in Australian restaurant kitchens according to one UQ Business School researcher who is exploring ways to create change.
  • Platforms like Airbnb are reshaping traditional employment models and opening up new opportunities – but do they really offer the freedom they promise or are they a threat to workers’ rights?
  • What will service look like in the future? Top international researchers came together at a thought leadership conference to predict the future of service; identifying key trends, how service firms will change and what role technology will play in 2050.
  • As the ‘experience economy’ gathers pace, The University of Queensland (UQ) Business School tourism experts Dr Karen Hughes and Associate Professor David Solnet explain what businesses can learn from Disney’s approach to welcoming thousands of visitors into their theme parks every day.
  • Market segmentation is behind the success of some of the world’s leading brands. Now a new book outlines how other businesses can benefit from the same approach.
  • Facebook offers new ways to communicate in a crisis. Research reveals how to use it effectively.
  • Businesses invest heavily in engaging with customers online but until now there has been little evidence of the value of their social media efforts. Now a research project has found a way to measure the impact and offers some lessons on how best to use it.

Pages

  • Achieving constant economic growth is unrealistic in a world with finite resources. But how do we change mindsets and limit consumption in a fair and acceptable way? Dr Cle-Anne Gabriel analyses models of business within a ‘degrowth’ economy.
  • Corporate scandals are often blamed on a couple of ‘bad apples’ in the ranks of management, but they are usually indicative of a larger fault in the system. Research shows how to avoid them by designing organisations with trust embedded in the foundations.
  • Change is coming. Corporations are having to rethink their business model and build resilience to incorporate sustainable business strategies. However, 'going green' can also offer competitive advantages for organisations, fueling new product and market opportunities.
  • Major sporting events cost millions, but their impact is often confined to the host city. New research has revealed how other areas can be winners too.
  • Cost overruns are threatening investment in the oil and gas industry. Does this mean a shift overseas? If companies focus on innovation, collaboration and deepening competitive capabilities, Australia's energy industry can continue to compete globally.
  • Working with local communities is different to dealing with other types of customers or stakeholders. However the ability to engage with them and win their support is a valuable skill that offers opportunities to generate both profit and social value, says social entrepreneurship expert Dr Lance Newey.
  • While companies in general have been slow to embrace sustainability, some corporates and smaller companies have placed it at the heart of their business and are now using it to develop new markets and secure their long-term future. Others can follow their example by starting with a few simple steps.
  • The increase in extreme weather indicates that climate change is already here, yet so far there has been little discussion of how it will affect business. The Climate Resilient Organization, a new book by Dr Martina Linnenluecke and Professor Andrew Griffiths of UQ Business School, considers what actions companies can take. In this interview, Dr Linnenluecke explains why they need to adapt and build their resilience.
  • The carbon tax, the cost of raw materials, lobbying from environmentalists: the pressure on business to be environmentally responsible is intense. But can sustainable development – the combination of economic growth and ecological balance – be a business reality? UQ Business School’s Professor Peter Clarkson asks under what circumstances business can turn green practice into profit?

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