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The AI readiness gap: why ‘fairly ready’ deserves a closer look

Key points Productivity gains from AI tools don’t equal readiness to scale  True progress rests on strong data, systems, governance and people  Too many pilots remain isolated, with lessons learned not embedded into business practice  Australia’s middle market is rapidly engaging with artificial intelligence (AI), and many leaders believe they are ready to scale its […]

AI or advisors? 6 key questions to guide your project resourcing mix

Key points Use AI for repetitive, data-heavy tasks  Engage advisors for nuanced, high-stakes situations  Combine AI for data processing with advisors for interpretation and change management  Projects involving compliance, governance, or reputational risk require human expertise  Resourcing a project is one of the most important decisions you make and it’s often one of the trickiest. […]

The efficiency paradox: how to save money while spending smart

Key points Cost savings should be reinvested strategically, creating capacity for innovation, market expansion and stronger client experiences. Clear communication and progress markers keep teams engaged, ensuring efficiency gains translate into shared goals rather than lost momentum. New value streams often emerge through rethinking processes and products. There is a paradox playing out in Australia’s […]

Power BI for efficient, insightful reporting

Key points Use a custom-built Power BI dashboard to make reporting faster, clearer and more actionable.   Automate manual reporting to free up time for strategy, analysis and delivering value.   Empower better decisions by making accurate and relevant insights easily available across your business.  Build a solid data foundation ready for AI, system integration […]

Plug and play payroll compliance software – convenience at what cost?

Key points: Automated payroll compliance tools offer convenience but can leave businesses exposed to legal and reputational risks  The new wage theft laws, effective from January 1, 2025, impose severe penalties on employers who deliberately underpay employees  Expert analysis is crucial for businesses with complex compliance obligations  Underpayment scandals have been rife in recent years […]

Transforming healthcare with digital solutions

Key points The healthcare industry has seen significant technological advancements to support patient care  Outdated legacy systems can impact service delivery, data quality and overall efficiency   Leveraging connectable systems and optimising data management can help organisations optimise healthcare delivery   The healthcare industry has seen remarkable advancements in recent years, from the rise of telemedicine and […]

Dipping a toe into data? Take the plunge and get a lake

Key findings:  A data lake serves as a central repository for comprehensive productivity insights.  Data lakes support various data types, efficiently stores unstructured data and uses object storage for easy retrieval.  Decision making is improved by uncovering patterns, improving decisions and enhancing productivity.  Your business might already be collecting data but without a central resource […]

Restaurant take aways might be a recipe for retail’s success

Key points:  Retailers can take inspiration from hospitality’s efforts to band together  Collaboration can improve operational efficiency, productivity and brand loyalty  Start small and set the ground rules early to ensure an effective partnership  Sectors such as hospitality are scaling collaboration efforts as they face increasingly challenging trading conditions – should retailers take a leaf […]

AI needs ‘onboarding’ just like a new employee

Key findings:  AI has the potential to boost productivity, but the actual benefits have not fully materialised Like an employee, AI needs trust-building, clear expectations and small projects to demonstrate benefits Accurate and transparent data is crucial for AI performance – poor data inputs can lead to high ‘hallucination’ rates Artificial intelligence (AI) has been […]

Retail 2024: Turning headwinds into opportunities

Key points: Australian retailers are facing numerous economic challenges and disruptions to business Maintaining a firm oversight on costs and developing contingency plans will strengthen your business Customer loyalty, value creation and investing in your people are key to growing market share The retail headwinds just seem to keep coming. Retailers have endured narrowing margins, […]

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