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Business Disaster! How to prepare and recover
Survive and thrive amidst crises!
Maziar Foroudian
March 04, 2024
Latest Stories
Survive and thrive amidst crises! Our experts guide on how to construct a robust business continuity strategy capable of handling natural disasters, cyber breaches, and pandemics. Discover essential tips in this week's Let’s Talk.
Journey into the dynamic landscape of artificial intelligence with AI Weekly. From Workday’s acquisition of HiredScore to Google’s test-run with unreleased Gen AI platform, dive into the most thrilling updates of the week!
Roy Morgan’s latest study reveals a dark horizon for 8 million Australians at risk of mortgage stress due to interest rate increases. Unearth the economics behind the crisis and learn about its potential consequences.
Discover the businesses leading the way in diverse, innovative workplaces at Australia's prestigious Asuria Employer Awards, held at the opulent Sydney Harbour Marriott. Get inspired by their unique stories of inclusion, entrepreneurship, and resilience.
Looking to grow your small business in Australia? Discover the top grants available that can propel your start-up to new heights, by promoting innovation and boosting your resources. From workforce subsidies to entrepreneurial courses, find your perfect fit here.
Join businessDEPOT founder, John Knight, as he sheds light on his mission to level the playing field for Australia's rural entrepreneurs. Explore how mentorship, networking, and community initiatives can fuel both success and mental wellness.
Find out how two former electricians are revolutionising Australia's EV charging solutions. EVX founders Sean McGinty and Kevin Mooney share their vision and strategies that are not only changing our approach to EV charging but also tackling climate change.
Top Tools
Top stories
Fast Grants, created by Tyler, Patrick Collison, and Patrick Hsu, motivates global change. The German Federal Agency for Disruptive Innovation successfully implemented a similar system, albeit not as fast. Speedy funding remains crucial for addressing urgent challenges like climate change.
ACCC launches inquiry into Australian supermarket sector, seeking insights from businesses on pricing practices and supplier treatment. Multiple investigations underway, including a Senate committee and Treasury review. Industry scrutiny coincides with public concern over dominance of Coles and Woolworths.
Discover various tactics and platforms for crafting effective content marketing strategies, from blogging to email marketing. Learn how to improve SEO, utilize Facebook scheduling tools, run successful social media contests, and more with tips from the online small business community.
Australia
Groundbreaking gender pay gap data has spurred calls in the startup world for new ways to measure how venture capital reaches women founders. Initiatives aim for transparency in funding distribution to address gender inequality.
Startup Speakers, founded by Sam Almaliki and Will Richards, aims to provide equal opportunities for speakers from all backgrounds and genders. The agency ensures fair compensation, offers training workshops, and boasts a global presence from day one.
Australian Economy
Australians' changing spending habits during the COVID pandemic have led to significant recalculations in inflation indicators. Data reveals shifts in food, travel, and pet-related expenses, reflecting a unique economic landscape influenced by the pandemic's lasting effects.
Australian supermarket giants Woolworths and Coles face intense competition in the market, with Woolworths lifting its profit margins while Coles focuses on attracting customers with lower prices. Despite scrutiny, both companies maintain relatively low profit margins.
India
The National Pension System (NPS) saw a 21.5% drop in new corporate subscribers due to raised income tax exemption limits. The NPS-Corporate Sector Model aims to provide pension benefits to employees. Despite challenges, fresh government sector subscribers increased.
Flipkart recently launched its UPI handle to enhance digital payment options for its over 500 million customers, in collaboration with Axis Bank. The move aims to boost India's digital evolution by providing convenient and efficient payment solutions.
India aims to become a key player in the global semiconductor industry within five years by offering generous incentives to attract manufacturers. This move will not only boost the economy but also strengthen India's position as a tech hub.
World
Elon Musk sues OpenAI over alleged departure from its original non-profit mission, focusing on profits instead of benefitting humanity. The lawsuit highlights growing concerns over AI development and brings attention to Microsoft's influence on the company.
US Trade Representative Katherine Tai told the BBC that the steep drop in trade with China could be positive, indicating diversification. US-China trade fell 17% last year, amid rising tensions and investigations into potential national security risks.
Tech
Google Chrome introduces new search suggestion features for desktop, Android, and iOS. Desktop users will see suggestions related to previous searches based on popular trends. Mobile users can now see more images for suggested searches and get on-device search suggestions even with poor internet connections.
Elon Musk's X may face EU rules under the Digital Markets Act, affecting tech giants like Google and Facebook. The act aims to prevent competition violations by tech firms with a major EU market presence. X, Booking.com, and ByteDance await the decision.
Curated for you
Discover remote job opportunities at top companies such as Microsoft, Salesforce, Williams-Sonoma, Google, Intuit, CVS, UnitedHealth Group, and Amazon. Learn about roles like Software Engineer, Data Scientist, Digital Sales Consultant, and more, offering flexibility and competitive salaries. Apply now for a chance to work remotely.
Discover how Knacky Studio's branding and visual identity elevated Rapid Technology's eWallet solution in the FinTech sector. The design encapsulated innovation and accessibility, guiding consumers towards a new realm of financial freedom. A testament to the power of thoughtful design.
In 2024, it's crucial to refresh your marketing strategy to stay ahead. Analyzing competitors, supporting a cause, utilizing influencers authentically, and strategically using video and social media are key tactics for success. Embrace change and experiment to reach new markets.
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