Momentum

The business magazine of UQ Business School

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  • Team building can be challenging if the members are thousands of miles apart. However research has indicated ways to help virtual teams manage conflicts and become high performers.
  • 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.
  • “Innovation is imperative. But there’s no point being innovative just for the sake of it. You don’t want to re-invent the wheel. If you are doing something that works, keep doing it. But if you spot a gap, you get innovative.”
  • Ninety per cent of smart phone owners use their phones to look up local information. Sixty per cent then act on it to visit, buy from or interact deeper.
  • 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?
  • The Australian Government’s first Cyber Crime and Security Report was launched this month, with statistics showing that cyber crime has become ever more targeted and much more efficient. UQ Business School’s Dr Peter Clutterbuck suggests there is still plenty that businesses can do to protect their data integrity.
  • 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?
  • Ask a management consultant a question and what are you likely to get? A bill. Is the management consultancy industry listening to its own (often expensive) advice and becoming agile, innovative and customer focussed in the face of uncertainty and rapid change?
  • Consider the emerging business trends and think forward. What new skills in information management, healthcare and innovation will take the businesses of 2020 and beyond towards a prosperous future?

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