Innovation in the NFP sector for business growth

Being innovative means taking risks, hence why the term ‘innovation’ is not always synonymous with the not-for-profit sector.  Most not-for-profit organisations don’t see the need to innovate, as they often implement conventional ideas and outdated business models that worked in the past, rather than invest their time, money and limited resources into developing new strategies. As a result, the sector struggles to remain sustainable in a competitive environment whilst trying to tackle the important social issues they set out a cause for. So how can not-for-profits improve...

Read more

Most exciting digital innovations of 2018

Digital innovation is a priority of the public and private sectors alike, with digital disruption coming fast and thick across industries. Technological evolution is confronting businesses and making them re-evaluate traditional business models. It’s not even halfway through the year and there are already some exciting developments from 2018: 1. The e-health virtual assistant The Australian Digital Health Agency is in the early stages of creating a virtual assistant to help users navigate the My Health Record website. ADHA is working with FaceMe to determine if the organisation’s...

Read more

Why are you even talking?

If you look up the definition of stakeholder engagement, in its simplest form, it is a transaction. But for me, it’s not about what format or what channels to use or how many times or who is responsible for the communicating. These are important components, and certainly should be addressed but in my view, the most crucial element of the equation that needs to be answered first and foremost is the WHY. Why should I communicate with this person? And equally… Why would this person want me to engage with me? To understand...

Read more

How well do youth fare in labour markets around the world?

Australia’s youth employment rates are beginning to show positive progress, with numerous regions across the country now becoming ‘hotspots’ for job creation and apprenticeship uptake. WA rates in particular are ‘very encouraging’ and ‘demonstrate that the regions do indeed boast strong economies and good employers’, so says Skillset’s CEO, Craig Randazzo. However, it’s always insightful to view things on a relative global scale, so let’s take a look at youth labour market outcomes in relation to youth participation in vocational education and overall education quality. In...

Read more