The Eighth Issue – Global Disruption: Implications for Business?
The theme of the Eighth Issue – Global Disruption: Implications Business
The humanitarian, migration, and refugee implications of the Russian invasion of Ukraine bring devastation to no end. And in a world still dealing with the after-effects of the global pandemic, it is now our responsibility to prepare for a whole new set of issues that are already impacting the global economy and society.
Now is the time to accept the challenges and take on the opportunity to support our society into the future.
Welcome to our eighth issue of the AIB Review. This addition of the review includes the following articles:
Each quarter, we ask ourselves: What’s happening that is of immediate importance and relevance to all of us, not just from a business sense, but that is impacting society. The AIB Review seeks to address this question from a number of angles.
Enterprise Risk Management Amdist Global Disruptions
Kaveen Bachoo, Lecturer, Australian Institute of Business
Risk is a major feature of all aspects of business and social life in this year perhaps more than ever before in most people’s lifetimes. This article stresses the importance of a more professional approach to risk management in all sizes of organisation. Superficial “tick the box” exercises are no longer sufficient.
The War in Ukraine: How Are Brands Responding?
Associate Professor Diane Kalendra, Assistant Academic Dean, Australian Institute of Business.
Brands and brand management are key features of marketing any product or service. This article takes an historical approach to the issue of what companies should do in their Russian and other markets given a war is currently underway in Ukraine.
Mitigating Covid-19 Business Disruption With Cloud Computing
By Sathasivan Pillay (DBA Candidate), Dr Kavita Goel and Dr Uwe Kaufmann, Australian Institute of Business
A major feature of the last two years has been the ability of many businesses to survive Covid in remarkably good shape, despite the massive disruptions caused by the pandemic. This article argues that a major reason why this was so is because of Cloud Computing (CC). After explaining its key features, the authors describe how CC mitigated many of the most potentially disruptive consequences of an unprecedented global crisis.
Returning To The Office Post-Pandemic: Challenges And Recommendations
Dr Kuldeep Kaur, Dr Mamun Ala and Dr Syed Mohyuddin, Australian Institute of Business
Around the world, tens of millions of workers were able to keep working from home when they were unable to travel to work because of Covid-related restrictions. And there is considerable evidence that workers enjoyed this aspect of their jobs, and remained productive. This article discusses some of the issues arising now that the crisis has eased. Should staff still be able to work from home, or be expected back in the office? What are the arguments for and against? Is there a middle way?
Global Disruption And Staff Shortages: Time To Look At Overlooked Resources?
Carlene Boucher, Lecturer, Australian Institute of Business
It is common knowledge that many economies in the industrialised world are experiencing labour shortages sufficiently serious to be impacting their societies’ needs adversely. This article considers what might be done to get older workers back into the workforce, and what complementary strategies can be used to employ more people with a disability.
Checking The Rear-View Mirror: The Online Food Delivery Industry
Andrew Licata, Australian Institute of Business
Few industries have expanded as rapidly as online food delivery (OFD) businesses in recent years. This trend was clearly accelerated by Covid and the app economy. This article discusses the prospects for OFD as we come out of the lockdowns era, and new challenges are at play, such as soaring food and energy prices.
Trade Diversification in the World of Disruption – How Australian Coal Survived China’s Ban
Mingwei Sun, Lecturer in Finance, Australian Institute of Business, Kavita Goel, Senior Lecturer in Finance, Australian Institute of Business, and Christiana Osei Bonsu, Lecturer in Finance, Australian Institute of Business
The future of coal is a hotly contested issue, and most countries are committed to phasing its use out as one way of combatting climate change. However, it is still a major export industry in Australia. This article uses coal exports to show how a trade diversification strategy enabled the industry to survive a ban on such exports by China.
Global Disruption: Perspectives from HRM, Marketing And Strategic Management
Dr Sehrish Shahid, Dr Sumesh Nair, and Dr Mamun Ala, Australian Institute of Business
Global disruption is a fact of contemporary life. This article uses perspectives that can be gleaned from three Business fields of research to suggest what can be done to best manage the situation, and to capitalise on emerging opportunities.
Every Organisation Needs Project Management Capability
Dr Greg Usher, Executive General Manager (Buildings & Property), RPS
The current business environment is characterised by high levels of volatility, uncertainty, complexity and ambiguity, (VUCA for short). In a VUCA world, operating procedures are destabilised, long-term plans are thrown into disarray, and traditional decision-making processes are paralysed. This article explores how high-level project management skills are now more important than they have ever been.
Kintsugi – The Art Of Disaster
Amanda MacKinnell, MBA MGPM MAIPM, Australian Industry Capability Program Manager, NIOA & Online Learning Facilitator, AIB, and Mohsen Varsei, PhD, AIB
Amid all the doom and gloom of recent years, it is easy to focus on the negative. This article takes a different approach. Using the Japanese concept of Kintsugi, the writers argue that imperfect situations also lend themselves to reinvention, and even enhanced value. In this light, disruptions are not just threats; they are opportunities to build something better than the previous status quo.