IS EVERYTHING DIVISIBLE BY NUMBERS?

In a recent article that was circulated my way on LinkedIn, “How Robots Hire Job Candidates”, it was relating how artificial intelligence (AI) will fuel the recruiting of the future.  This, at least to me, is an interesting puzzlement. Two of the key traits that I have always held critical to my recruitment process have … Continued

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CAN LAWS AND REALITY CO-EXIST?

This week one of the most prophetic statements was made at the Royal Commission when Mr Martin, Clearview’s Chief Actuary and Risk Officer, admitted that “it is virtually impossible to sell life insurance over the phone in compliance with the relevant financial services laws”.  Not only is it an important observation based on all of … Continued

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HIGHLY PERSONALISED SERVICES

It is interesting to read all the material that is coming out these days about how Artificial Intelligence (AI), continually improving and increasing abilities to collect data, combined with the better analysis of that data using algorithms will so radically improve our collective futures.  The ability of the “system” to better know us as an … Continued

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UNSEEN CONSEQUENCES

There is often a significant amount of financial, internal structural, legal, and in fact public damage that can result from the unseen consequences of a given course of action.  These are the costs that can damage a business, and sometimes catastrophically, thus severely impacting, if not ending the businesses future. Risk management has been specifically … Continued

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YOU’RE NOT ALLOWED TO ASK QUESTIONS.

It is not uncommon in larger organisations that when it comes time to replace a senior manager in a given role that the incoming incumbent proceeds to initially review the situation and then seeks to make changes to commonly achieve two things, firstly (theoretically) to make perceived improvements, and secondly to place their personal stamp … Continued

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HAVE WE LOST THE PLOT?

A headline in the AFR reads “CPA paid $600k for advice arm report” which leads into an article on the fact that CPA has paid one of the Big 4 accounting firms $600K to provide a report that proved that the financial advice arm should be closed. Considering firstly that there were a significant number … Continued

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AN INTERESTING VIEW

This week the AFR contained a story relating to independent reports and a comment by the Commonwealth Auditor-General that was made to a parliamentary Committee that “his organisation would rarely consider external advice purchased from consultants ‘independent’”.   I must say that in my experience within my own industry many of the situations where change has … Continued

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A SOLUTION FOR ME OR A SOLUTION FOR YOU?

In modern days where our entire lives are governed by multiple demands backed up by minimum standards, or more commonly, KPI’s those of us in professional service must continually consider the nature of the advice that is being given. Certainly from the perspective that it is technically correct and competent, that is a given, but … Continued

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THE STICK AND THE CARROT

Over the last week I received two emails, regrettably there were many, many more to also contend with, but these two were of particular interest comparatively. The first was from Peter Gosnell, journalist, who has his eye on the insolvency profession nationally, and publisher of Insolvency News Online.  The email contained an invite to read … Continued

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