Think: Business Futures
Summary: Host Stefan Posthuma finds the people who are the movers and shakers in business, and brings them together to get to the essence of the financial issues of the day.
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In the commercial context, research and development, or R&D, is a strategic choice made by a business in the pursuit of competitive advantage. But what does this for governments funded R&D? Should society expect an immediate return on investment in the same way? On this episode of Think Business Futures, we turn the tables on our co-host Nicole Sutton, to ask why a society would choose to fund R&D with taxpayer money. Further Reading: •You can read more about the CSIRO's early history here •David Thodey (@davidthodey) is the current chair of the Commonwealth Scientific and Industrial Research Organisation or CSIRO •The Science and Industry Research Act (1949) established the CSIRO. You can read the act here. •Australia 2030: Prosperity Through Innovation •Oliver Williamson developed Transaction Cost Economics, for which he was awarded the Nobel Prize. •You can read Nicole's research on the Australian cotton industry here
How would the finance industry and society as a whole benefit from a stronger ethical framework? After the fallout from the 2008 Global Financial Crisis, many people would say that ethics and finance are an oxymoron. On this episode, we speak to Gerhard Hambusch, Senior Lecturer in finance at the University of Technology Sydney, about teaching ethics to finance students. Gerhard believes the finance industry can work to instill a public trust in the fairness of markets through ethical training and practice. Further Reading: •You can find Gerhard on Twitter @GerhardHambusch, LinkedIn or on the UTS website. •Still not clear on the legal definition of insider trading in Australia? You can find the relevant legislation in the Corporations Act 2001 Section 1043A •Dr Simon Longstaff is the Executive Director of The Ethics Centre •For more information on the Chartered Financial Analyst Program, visit The CFA Institute Music: Michael Meem, Peter Sandberg and Matt Haik
On this episode, we speak to Peter Siminski, professor of economics at the University of Technology Sydney, about income mobility in Australia. Plus, Nicole speaks to former New South Wales Premier and Foreign Affairs Minister, Bob Carr about the importance of equality of opportunities in Australia Further Reading: •Household Income and Labour Dynamics in Australia (HILDA) Survey •Bob Carr's new book Run For Your Life is available in bookstores now. All proceeds go to UNHCR to children displaced by the Syrian War. •Professor James Heckman on the ' returns on early childhood education' •More information on Peter Siminski's research can be found on the UTS website
With obesity on the rise in many western countries, researchers have tried to understand why we're overeating. Despite the large volume of research, there seems to be no simple solution. On this episode, we speak to Natalina Zlatevska, Senior Lecturer in Marketing at the University of Technology Sydney, about how plate and portion sizes affect the amount we eat. Further Reading: •For more information on Natalina's research, visit her website •The Small Plate Movement is an initiative to encourage people who want to be healthier and lose weight to reduce the size of their plates. •Mindless Eating:Why We Eat More Than We Think by Brian Wansink •Since 2014, food manufacturers and retailers have been voluntarily implementing the Health Star Rating System. Displayed on the front of food packages the star rating helps you to compare similar products. •For more information on Nudge theory, we recommend- Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard Thaler and Cass Sunstein •Former New York City Mayor, Michael Bloomberg discusses a ban on sugary drinks
In Australia, each year we take in approximately 14,000 refugees under our current humanitarian program, most of whom come from Iraq, Syria, Burma and Afghanistan.At first glance, these new arrivals appear to be the most unlikely of entrepreneurs. And yet, these people create more business income than any other category of migrant. On this episode of Think: Business Futures, Jock Collins joins Nicole Sutton to discuss the impact refugee entrepreneurs have on the Australian economy. Plus, David and Nicole, speak to an entrepreneur from Iran about his journey.
The Chief Executive Officer (CEO) was once seen as The Man In the Grey Flannel Suit, stuffy, stressed and serious. But something changed in the latter part of the 20th century, giving way to a cultural and political veneration of the modern CEO.On this episode, we speak to Carl Rhodes (@ProfCarlRhodes), professor of organisational studies at the University of Technology Sydney, about how corporate has become the model for transforming all spheres of life. Further Reading: •CEO Society- Carl Rhodes and Peter Bloom (Zed Books) •Gordon Gekko- 'Greed is good' (from the film Wall Street) •Jack Welch-Former CEO of General Electric- interview on Freakenomics •Larry Fink (BlackRock) Letter to CEO's •Alan Joyce (Qantas) on supporting Marriage Equality •Dale Carnegie- How to Win Friends & Influence People •Richard Branson's kitesurfing record- Guiness
On this episode of Think Business Futures, Nicole and David speak to Dr. Geetanjali Saluja, about her research into moral decision making. Plus, we track down Adam Ferrier, co-founder of Naked Communications and Thinkerbell to tell us how moral decision making plays out in the marketing world.
On budget night, the Treasurer announced the government's vision for the economy. His speech contained vague phrases and euphemisms, tailored for a broader audience. On this episode, we pick this speech apart and get behind some of those pesky budget buzzwords.
Professor Danielle Logue, Associate Professor of Innovation, Entrepreneurship & Management at UTS Business School Dr Krithika Randhawa, Lecturer, Management Discipline Group at UTS Business School Producers: Jess Klajma, Annastasia Annastasia.Diaczok, Tim Wang
Professor Kees Van Gool, Associate Professor at Centre for Health Economics Research and Evaluation (CHERE)- University of Technology Sydney Produced by: Jess Klajman, Annastasia Diaczok and Tim Wang
Martijn Boersma, Lecturer in the Management Discipline Group at the University of technology Business School Produced by: Jason L'Ecuyer, Jess Klajman, Annastasia Diaczok and Tim Wang
Rosalie Viney, Professor of Health Economics and Director of the Centre for Health Economics Research and Evaluation at the University of Technology Sydney Produced by: Jess Klajman, Annastasia Diaczok and Tim Wang
Dr Deborah Cotton, Senior Lecturer, Finance Discipline Group at the University of Technology Sydney Business School Produced by: Jess Klajman, Annastasia Diaczok and Tim Wang
Professor Bronwen Dalton, Associate Professor, Management Discipline at the University of Technology Business School Produced by: Jess Klajman, Annastasia Diaczok and Tim Wang
Dr Brett Govendir and Associate Professor Roman Lanis, Accounting Discipline Group at the University of Technology Sydney Business School Produced by: Jess Klajman, Annastasia Diaczok, Tim Wang and Rohan Indra
