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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  • "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."
  • An economist is returning to his roots to explore ways to help smallholder family farms to innovate, improve productivity and increase family income.
  • A study which set out to investigate what holds back women’s careers offers some useful insights into how to build confidence in children of both sexes.
  • 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?
  • Millions of Australians are involved in community sport, yet clubs’ existence often depends on alcohol sales and sponsorship.
  • Research behind the scenes at one of Australia’s most innovative businesses has shown that strong leadership is key to driving growth.
  • 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.
  • Facebook offers new ways to communicate in a crisis. Research reveals how to use it effectively.

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  • Between us we’ve downloaded 11 apps for every man, woman and child on earth - and not everyone has a smart phone. Yet. We take a look at a few apps that are emerging for business use. It’s just a sample. Do you have more to add?
  • International forces are reshaping the world of business, but also creating new opportunities and a more level playing field for small firms.
  • Professional networking sites are undoubtedly a great way to stay in touch with business contacts, former colleagues and uni mates, but how essential are they to the job application process? Are the days of the paper résumé numbered? And what’s an online peer endorsement worth? As LinkedIn turns 10, we ask: is the résumé dead?
  • A growing number of business professionals are seeking a career in charities or social enterprise but they are often unprepared for the culture clash. Here’s what you need to know to make a smooth transition.
  • Do X-Politicians come back as company directors?

    There is life after politics, but is it in business? When politicians join company boards in Australia, the share price is more likely to drop than when a non-politician is appointed, says UQ Business School research. Don’t shareholders value the expertise that our former leaders bring to the boardroom? Or perhaps it’s a vote of confidence in our democracy?
  • Everyone knows the first thing you should do when starting a business is to write a business plan. Or is it? According to one school of thought, business plans are a waste of time because they are based on untested hypotheses. The lean startup movement has turned conventional business thinking on its head in an attempt to make the whole process of starting a company less risky.

  • If you think it’s hard running a business, spare a thought for those starting up in the tough slum areas of Colombia, where a new initiative by UQ Business School aims to show how enterprise can help rebuild communities.
  • 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.
  • Now there’s a new place to hang out at work. Enterprise social networks provide an online environment where employees can get to know their colleagues, work together and exchange ideas.

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  • A growing number of business professionals are seeking a career in charities or social enterprise but they are often unprepared for the culture clash. Here’s what you need to know to make a smooth transition.
  • A new report which reveals the reasons for the fall in mining productivity holds some valuable insights for other sectors.

  • Smartphones will become the new wallets as digital money grows in popularity - but this new and disruptive technology could also have a profound impact on business and the world economy.
  • America’s No.1 residential lender was one of the first to collapse in the financial crisis. Now a new report analyses what went wrong and what lessons we can learn from it.
  • By Associate Professor Sunil Venaik and Dr Paul Brewer for The Conversation (September 2015)
  • Is it wise to leave young males in charge of the world's financial system? Research suggests that having more female bankers could help prevent a future financial crisis – the challenge may be keeping them in the industry.
  • There’s been a steady stream of economic doom and gloom on the global scene for over two years now and, although Australia has weathered well overall, we are part of the global economy, so what happens to our trading partners impacts eventually on us.
  • A universal financial reporting format makes sense to regulators. But so far, when it comes to volunteer take up, it’s largely had a thumbs down from business. UQ Business School’s Peter Green, Alastair Robb and Fiona Rohde ask why.
  • Salaries for corporate bosses have skyrocketed. The question is, are shareholders getting value for their outlay?

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  • Concerns over missed social opportunities can be a major driver for Millennials, as the travel industry has discovered.
  • Australian retailers are losing out in the competition for online sales, as consumers now spend more money with overseas websites than those from home-grown companies. Here are some lessons retailers could learn from their foreign competitors.
  • Tired of working long hours as an owner manager? By taking a step back, you can improve your quality of life and will be in a better position to take the business forward.
  • Innovation is big business and many companies invest heavily in trying to generate new ideas. But is it worthwhile? According to some experts, most business already have enough ideas - they just need to get better at putting them into practice.
  • Momentum takes a look at doing good. And why it might just be the best business decision you ever make.
  • Big data is the ability to capture and mine data to advance knowledge, predict behaviour and to engage public health and spending issues. And there’s a whole heap of other uses for big data that haven’t been discovered yet. What is big data?
  • What do businesses that grow fast have in common? If we knew that, we could bottle it.
  • 850 million people are active on Facebook every month. 175 million tweets were sent in through Twitter every day in 2012. Our passionate affair with social media has not burned brightly then fizzled. It is developing all the characteristics of a relationship that is here for the long-haul.
  • Futurists meet a need. In the midst of relentless and constant change, CEOs are looking for tools to manage uncertainty and reduce risk. But that’s not all. Business leaders don’t simply want to prepare for change; they want to influence it.

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  • From socialising with staff to devising strategies to save face, the latest article in our ‘Asian century’ series explores the challenges facing Western managers in China’s hotels.
  • As boards are opening their doors to a wider range of candidates, there is also greater competition for places. So how do you prepare to become a company director and secure the right position?
  • Finland has become a global market leader in the lucrative mobile gaming industry. Could the country’s unique business culture be the key to its success?
  • Telemedicine could transform Australia’s health services – but overcoming resistance from patients and healthcare professionals will require strong change management skills.
  • We take a look at a few useful business podcasts that could pep up your journey, and make you more effective when you get there.
  • Trust. Jack Welch, former Chair and CEO of General Electric, believed it was the only way to get employees to do their best. Yet in turbulent times, and in the face of economic crises, trust is often under threat. How do companies build trust? And when trust is lost, what can be done?
  • What do businesses that grow fast have in common? If we knew that, we could bottle it.
  • Futurists meet a need. In the midst of relentless and constant change, CEOs are looking for tools to manage uncertainty and reduce risk. But that’s not all. Business leaders don’t simply want to prepare for change; they want to influence it.
  • From showrooming to virgin consumers we’re tripping over new business buzzwords at every turn. Are they simply jargon or do they tell us something about today’s rapidly changing business landscape that we should be listening to?

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  • 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.
  • Will rising fuel costs mean the end of long-haul holidays? Will shopping become the new sightseeing? And will tourists turn into ‘cyborgs’? Discover the six key trends shaping tourism in the 21st century.
  • Australians have long enjoyed cheap electricity, but in recent years, costs have shot up – in NSW alone prices have risen by about 85% since 2008 – and consumption has gone through the roof. Why?
  • Every sector has had its own internet-led revolution. In the service industry it’s been ‘remote provision’, with all the flexibility, choice and price comparison that online delivery facilitates. But, says Professor Hean Tat Keh, convenience may be perceived to come at greater risk.
  • How come this business insight and must-have learning tool arrives on my desk as a 500 page plus printed hardcover? Surely no one is buying textbooks these days.

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