When it comes to decision making ‘Bias’ can be friend or foe

McKinsey’s interview with Richard Thaler on ‘debiasing the corporation’ is a really good one. I’ve spent the best part of two decades trying to help organisations unpack their biases through the use of foresight. I recommend this article to you

 

Nobel Laureate Richard Thaler offers some great insights as to how to make more effective decisions by tackling your in herent biases – a good read via McKinsey

Is Manufacturing Output Data a Reliable Indicator of Economic Activity

Mar 19, 2019

In short – ‘No’. In days of yore manufacturing data meant jobs being done, employed people being paid, sales being made. But with robotics and off-shoring in many parts of Australian manufacturing, it’s no longer the value indicator it once was.   In the US it is an even less reliable indicator because in the…

Read More >

The Drive to Make Futures Thinking Pragmatic

Mar 13, 2019

  I’ve writen a fair bit over the years about the need to move futures thinking out of a theoretical approach and into a more applied model.   Recently I’ve come off a 6 month project working with the Asian Productivity Organisation, an entity that brings together 20 member countries and their core government policy…

Read More >

Australia, We Are Killing Ourselves

Jan 28, 2019

Every where we look we are being given clear signs of the blatant stupidity and arguably outright criminality of a toxic system of decision making. The Menindee Lakes and Darling River disaster is one example   A couple of years ago I was invited to speak at a Private Equity conference at a lovely resort…

Read More >

2019 The International Year of the Cooperative

Dec 30, 2018

Every year I aim to identify what I think a major focus of the upcoming year will be and in that light I’m declaring 2019 the International Year of the Cooperative. I’m prompted by a multitude of signals that my daily research has uncovered, many of which will be familiar to you – Cost of…

Read More >

Can the United States Survive the Childish Tantrums of an Incompetent President?

Dec 23, 2018

Here we are with the last posting of the year looking at the potential for wide ranging strategy for a country like the United States. Arguably the United States is undergoing its own version of #Brexit though without the vote of the people. Instead the dictatorial nature of what I see as an incompetent strategic…

Read More >

When will the next Federal Election be held in Australia?

Dec 3, 2018

I’m reluctant to make predictions but am getting a few calls so: My tip is on a March 2019 election – the 9th or 16th But that will be an attempt to protect the existing NSW Government hoping that voters will have sufficiently vented. That said though, it also required a Federal Minoroty Government to…

Read More >

Asia on the Rise – why Australia’s Neighbours Will Leave us Behind

Oct 30, 2018

The Asian Productivity Organisation has shifted gears from being a centre for member countries to talk about productivity, to one that now wants to upskills its member countries. We’ve just completed the first chunk of helping National Productivity secretariats to ready their staff for a more proactive, future facing approach to their Country’s development  …

Read More >

10 years on from the Australia 2020 Futurists Summit

Oct 18, 2018

The question is, ‘how does the thinking inside this document stack up?’ Turns out, pretty good. What we spotted and what problems we said we’d have to watch out for, are just about spot on   When it was discovered that the then Prime Minister Kevin Rudd was going to hold the Australia 2020 Summit,…

Read More >

BBC Article on the Future of work and the likely skills needed

Oct 14, 2018

it’s OK not to know your career path when you leave university – sometimes that won’t emerge until much later down the track,” Barber says. “We should remind kids that the pathway they select to start off with is unlikely to be their final pathway,   Was interviewed by #TheodoraSutcliffe who wrote this article for…

Read More >

Inverting the City/Country Dynamic

Aug 17, 2018

At a recent session with the Gen Y group working on the ‘Future Melbourne’ project for the City of Melbourne I suggested that the group consider what the result might be if they could ‘invert’ the way the State of Victoria operates. What would you be likely to see if more of the functions of…

Read More >