ndarala.blogspot.com
Management Perspectives: March 2013
http://ndarala.blogspot.com/2013_03_01_archive.html
Friday, March 15, 2013. When will the strong Australian dollar end? In an earlier column on the perils of forecasting, I spoke about the use and abuse of economic forecasts, including the way it creates something of a herd instinct among economists. This creates the business problem I addressed in that column. How can you use the forecasts when they are so often and so dramatically wrong? In this regard, the last months of 2012 and the first part of 2013 were quite remarkable. This situation will turn ro...
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Management Perspectives: Problems with maintenance
http://ndarala.blogspot.com/2011/02/problems-with-maintenance.html
Tuesday, February 15, 2011. I had hoped that Paul Barratt. As a former head of the Australian Department of Defence would comment on this one. However, while he has tweeted on it, he has so far not said anything substantive. The Australian Navy faces a problem. Let me illustrate with two Australian examples. Or take the University of New England. There funding cut-backs led the University to divert money from building maintenance to other activities. The university now faces a a huge bill for bac...As ma...
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Management Perspectives: September 2012
http://ndarala.blogspot.com/2012_09_01_archive.html
Saturday, September 15, 2012. Global economic woes not all bad news for Australia. I have previously discussed the ending of the mining boom and the consequent weakening of the Australian economy. The first mining boom, the price boom, laid the basis for the second, the investment boom. It was always going to be the case that the end of the first would finally end the second. It’s just happened a lot faster than was generally expected. What does this mean for Australia? Must we share the pervading sense ...
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Management Perspectives: How do we break free from the ratings entanglement?
http://ndarala.blogspot.com/2012/01/how-do-we-break-free-from-ratings.html
Saturday, January 28, 2012. How do we break free from the ratings entanglement? In December, Treasury Secretary Dr Martin Parkinson took a swipe at the global ratings agencies. They were, he is reported to have said, “becoming mechanistic and excessively simplistic, running the risk of moving from excessive optimism to excessive pessimism every time they look at a country or firm.”. As the crisis unfolded, the variations the agencies made to country and institutional rankings added to market instability.
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Management Perspectives: Google's growing market share
http://ndarala.blogspot.com/2008/01/googles-growing-market-share.html
Monday, January 07, 2008. Google's growing market share. In October I carried a post. Discussing the dangers posed by Google's growing market dominance. Recently there was an interesting article in the. I cannot give a link - providing more data. According to the US firm Hitwise. I have always been fascinated by the way Google's business model fits together. Yes, Google search is the jewel in the crown, but there is more than that. Bogspot is a good example. By providing a free blogging platform, Google ...
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Management Perspectives: Navigating the economic forecasting mess
http://ndarala.blogspot.com/2012/06/navigating-economic-forecasting-mess.html
Sunday, April 15, 2012. Navigating the economic forecasting mess. It is extremely difficult to keep a level head in the face of current economic forecasting and reporting. One minute it’s all doom and gloom, the next things suddenly seem better. The gyrations have been quite remarkable, beyond anything in my own experience. They have also continued for some time now - since the onset of the global financial crisis, in fact. Measures of consumer and business sentiment have followed the gyrations. Business...
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Management Perspectives: July 2012
http://ndarala.blogspot.com/2012_07_01_archive.html
Sunday, July 15, 2012. Australia chokes on its regulatory mess. Recently the PM’s Economic Summit has spoken of the need to improve productivity in this country, and about the importance of economic reform. And I agree. When I speak of economic reform I am not talking about taxation reform or the size of the Government, although both may be important. My focus is much simpler; I am talking about the need for immediate steps that will improve economic efficiency. This column appeared in the July/August ed...
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Management Perspectives: Google targets Australian web service providers
http://ndarala.blogspot.com/2010/12/google-targets-australian-web-service.html
Friday, December 03, 2010. Google targets Australian web service providers. I see from IT Wire. That Google Australia is offering free training in its products and free AdWords advertising to companies and individuals that offer web services to SMBs in a bid to get them promoting Google's offerings to their customers. I quote:. Back in January 2008 in Google's growing market share. Posted by Jim Belshaw. Subscribe to: Post Comments (Atom). This blog, one of three linked. An international network of indep...
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Management Perspectives: February 2011
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Thursday, February 17, 2011. Management Perspectives merges with Managing the Professional Services Firm. Note to readers: I have left this post up for reference purposes, but posting on this blog has resumed! I have been mulling over how best to maintain my professional blogging. I have found it increasingly difficult to maintain two professional blogs with any semblance of regular posting. After a lot of thought, I have decided to merge this blog with Managing the Professional Services Firm. When funds...
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Management Perspectives: November 2012
http://ndarala.blogspot.com/2012_11_01_archive.html
Thursday, November 15, 2012. The end of growth? The end of growth has suddenly become a fashionable topic. You see it in books and magazine articles, all arguing that we can no longer expect growth of the type once taken for granted. In combination, these forces reduce the return on all types of investment. The golden days are behind us. It’s quite enough to make one splutter into the morning coffee! But are the arguments right? The short answer is partially yes, but mainly no. Again, we are in the right...