www.awpa.gov.au/our-work/national-workforce-development-strategy/2013-workforce-development-strategy/documents/CriticalIssuesFacingAustraliaTo2025.pdf. www.avcal.com.au/documents/item/441. McKeon review: we need to integrate research and health services. Last year the federal government asked my colleagues and I to investigate the state of health and medical research in Australia and make recommendations about the strategic direction of the sector. After months of consultations with researchers, clinicians, hospital managers and governments in every state and territory, we are today releasing the Strategic Review of Health and Medical Research consultation paper.
Stronger connections The overarching message from this paper is that Australia needs a stronger connection between health and medical research, and the delivery of health-care services. Embedding research into health care will ensure government investment in research benefits all Australians – through better health outcomes – and delivers the greatest economic value. The National Health and Hospital Reform Commission noted the role of research in driving innovation in its final report in 2009: Click to enlarge Rising health costs Steps to reform Retaining international lead.
Y Combinator. Beyond the boom: Australia's productivity imperative | McKinsey Global Institute | Asia / Pacific. Australia has been riding the wave of Asia’s economic growth, supplying coal, iron ore, and minerals to meet unprecedented demand in China and other emerging markets. As commodity prices spiked in recent years, the country has attracted a flood of investment into its mines, processing plants, pipelines, and ports.
More money has been invested in Australian resource projects in the past 5 years than in the previous 20. Asia’s economic and demographic trends point to sustained demand in the decades ahead, but growth fuelled by demand for natural resources carries risk. The McKinsey Global Institute (MGI) report Beyond the boom: Australia’s productivity imperative finds that “one-off” factors—including favorable terms of trade and an investment surge—have driven half of the country’s recent growth, obscuring the truth about its overall economic health. The magnitude of Australia’s resource boom belies some weakening fundamentals. Exhibit Enlarge. Innovation and commercialization, 2010: Global Survey - McKinsey Quarterly - Strategy - Innovation. As companies begin to refocus on growth, innovation has once again become a priority: in a recent McKinsey Global Survey, 84 percent of executives say innovation is extremely or very important to their companies’ growth strategy. The results also show that the approach companies use to generate good ideas and turn them into products and services has changed little since before the crisis, and not because executives thought what they were doing worked perfectly.
Further, many of the challenges—finding the right talent, encouraging collaboration and risk taking, organizing the innovation process from beginning to end—are remarkably consistent. Indeed, surveys over the past few years suggest that the core barriers to successful innovation haven’t changed, and companies have made little progress in surmounting them. More positively, the results also suggest some ways that companies can become more successful at innovation.
Growth and innovation Managing innovation Going to market Looking ahead. www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2012-13. Big data: The next frontier for innovation, competition, and productivity | McKinsey Global Institute | Technology & Innovation. The amount of data in our world has been exploding, and analyzing large data sets—so-called big data—will become a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer surplus, according to research by MGI and McKinsey's Business Technology Office. Leaders in every sector will have to grapple with the implications of big data, not just a few data-oriented managers. The increasing volume and detail of information captured by enterprises, the rise of multimedia, social media, and the Internet of Things will fuel exponential growth in data for the foreseeable future.
MGI studied big data in five domains—healthcare in the United States, the public sector in Europe, retail in the United States, and manufacturing and personal-location data globally. Big data can generate value in each. For example, a retailer using big data to the full could increase its operating margin by more than 60 percent. 1. 2. Podcast 3. 4. 5. 6. 7. Validation Board Online. Aesthetic Intelligence: A Leadership Capacity. Introduction to Blog This is a place to explore the emergent field of Organizational Aesthetics and the capacity, Aesthetic Intelligence.
To date, artistic metaphors and methods have been employed by business to dramatize culture, instigate imagination, enhance teamwork, and challenge traditional models of leadership. But there is more the world of business can learn from the world of the arts, beyond metaphor and method. Some of the topics to be explored are: Artistic Mindset which enables business to apply artistic sensibilities to daily and strategic behavior and process; Aesthetic Intelligence, a capacity defined by presence, authenticity and the ability to synthesize; Artful Conversation, interaction which chips away at entrenched ways of thinking, being and doing.
This blog will encourage dialogue to explore the possibilities of Organizational Aesthetics, and discuss ways of developing and embedding Aesthetic Intelligence for individuals and organizations, large and small. Real Solutions. Welcome to “Our Plan – Real Solutions for all Australians” which explains the direction, values and policy priorities of the next Coalition Government. This is the plan that Australia needs. It will deliver a strong and prosperous economy and a safe and secure Australia – and restore hope, reward and opportunities for all Australians. Our Plan will make Australia an even better place. Please read or download a copy of Our Plan, so you can see the positive choice that the Coalition will put before the Australian people during 2013. Click here to download a .pdf version of Our Plan for your PC or Mac.
Watch our TV advertisement: Our Plan: Real Solutions for all Australians.