Digital transformation: a starting guide

From www.aigroup.com.au: Australian businesses face numerous challenges in digital transformation, with approximately 45.7% engaging in innovative activities by 2024.

Successful digital adoption requires assessing current data landscapes, identifying inefficiencies, understanding customer relationships, and prioritizing cybersecurity.… read more

Green innovation and performance

From www.sciencedirect.com: This study explores the impact of green innovation on firms’ financial and environmental performance, distinguishing between pollution prevention and pollution control innovations.

It finds that pollution prevention patents are positively associated with improved future financial and environmental performance, driven by increases in sales growth and cost efficiency, while pollution control patents show no such association.… read more

Legal Considerations in Signing a Commercial Lease

From legalvision.com.au: ‘Before signing a lease, confirm that the premises suit your business needs and comply with local zoning laws, understand key terms, including rent, renewal options and repair obligations, to avoid unexpected costs, and negotiate lease terms where possible, especially around rent increases, fit-out requirements and exit options.’… read more

Supply Chain Innovation

From alvarezandmarsal.com: A discussion of the importance of innovative supply chain strategies to maintain competitiveness and reduce costs amid global disruptions.

This highlights the strategic selection of advanced planning capabilities, the link between planning capabilities and financial performance, and how expert input can aid implementation, providing key business and industry insights.… read more

Incorporating velocity in climate risk assessments

From bdo.com.au: Incorporating velocity into climate-related risk assessments offers businesses a more thorough and effective way to manage potential threats and opportunities.

With a focus on the role of AASB S2 in climate risk disclosure, this examination underscores the importance of understanding the speed at which these risks materialise, advocating for an approach that enhances overall organisational resilience.… read more