Finding the sweet spot

Balancing productivity and employee wellbeing

Author

Maziar Foroudian
May 03, 2024

Latest Stories

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Are you maximizing both productivity and well-being in your workspace? Unearth the intricate relationship between these two pillars of modern HR in our latest Let’s Talk episode, featuring insights from renowned HR experts.

Passwords: a necessary evil or an outdated security measure? On World Password Day, cybersecurity experts weigh in on the future of authentication and share tips for strengthening your password security. Don't miss out on the latest advancements in login methods. Stay informed and stay protected.

Want to create a successful loyalty program for your business? Learn from the winners of the recent Asia Pacific Loyalty Awards and get insider tips on how to build a program that drives customer loyalty and revenue.

Due to rising living costs, the Australian retail sector experienced a 0.4 percent decline in March 2024. Discover which sectors were hardest hit and how it's affecting the nation's economy.

Unlock the secrets to global business success! Discover the 5 key attributes that successful companies have in common, from building a strong network to mastering the art of storytelling. Join Trena Blair, global business expert, on her journey to Decoding Global Growth.

Localsearch embarks on a nationwide expansion to support Australia's blossoming small business scene. With the new 'Performance Boost' feature, experienced AI and top-tier advertising channels redefine digital marketing for SMBs!

Attention all ambitious Australian startups! Airwallex is offering $100k in perks to help you achieve rapid growth. From practical resources and networking opportunities to a chance at a $10,000 grant, Airwallex for Startups is the ultimate support program for budding entrepreneurs. Join now.

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Top stories

Uber Eats introduces new grocery delivery features aimed at supporting smaller grocers. Benefits include active order adjustments, aisle indexing, and smart item verification. However, concerns arise regarding logistical challenges for smaller stores. Uber aims to connect customers to SMEs and increase sales.

Federal government aims to improve small business access to $70 billion in contracts, addressing obstacles like complex application processes. ASBFEO report calls for independent procurement commissioner and better training for officials to boost SME opportunities.

Zoom experienced incredible growth during the COVID-19 pandemic, reaching $4.6 billion in ARR. Despite some challenges post-lockdown, Zoom remains a highly mature company with impressive operating margins and cash flow. However, its growth has slowed as the world reopens.

Australia

Atlassian is set to revolutionize the way Australian businesses operate by offering AI tools that allow companies to create their own chatbots. This move not only boosts productivity but also safeguards sensitive information.

Half of Australian small businesses have not utilized major SME-specific policies from the 2023-2024 budget. MYOB survey reveals that the $20,000 instant asset write-off was the most-used measure, with Gen Y businesses most likely to adopt budget measures.

Australian Economy

The 2023-2024 federal budget delivered on promises to support small businesses, with energy bill relief, late payments penalty amnesty, and the Cyber Wardens program. However, some measures are still pending implementation. Upcoming measures include new tax clinics and support for apprentices.

Janine Leghissa, founder of Desiderate Jewellery, reveals the damaging impact of fraudulent chargebacks on small businesses. These chargebacks, also known as friendly fraud, cost businesses money and product, challenging their financial stability.

World

Wix.com partners with Prospero to launch Wix Proposals, simplifying financial transactions for small businesses. The tool allows for customized proposals with logos, images, and videos, along with a Payment Scheduler and digital signatures for added security.

Jane Street's lawsuit against former employees and Millennium Management revealed their most profitable strategy in the Indian options market, where they earned $1 billion last year. India's options market is rapidly growing, with the country accounting for 84% of all equity option contracts traded globally.

CoreWeave, a specialized cloud provider for AI based in Roseland, NJ, secured $1.1 billion in funding led by Coatue and Magnetar. The company plans to expand its business areas and geographic reach, offering customized GPU solutions for various industries.

Tech

Anthropic's new ChatGPT competitor, Claude, offers a free iOS app and a paid Teams plan with safety features. Created by former OpenAI employees, Claude models compete with ChatGPT in benchmarks. Download the app here.

In April, Statcounter reported surprising shifts in search engine market share, with Google's U.S. share dropping and Bing and Yahoo gaining significantly. However, experts question the accuracy of these figures due to unprecedented and suspect swings.

The Knight First Amendment Institute is suing Meta to release a browser extension that would disable algorithmic feeds. AI’s landscape is driven by fear, jealousy, and intense ambition. Sony's PS5 feature allows game invites through a shareable link.

Curated for you

Remote workers face cybersecurity threats and invasive monitoring from employers. Tools like VPNs and encryption software can help maintain privacy online. Companies should consider limiting surveillance to retain employees. Legal protections vary by state.

Catherine Mandungu discusses the importance of a business's revenue engine and shares strategies to enhance its performance. By focusing on sales excellence, strategic marketing, customer experience, product offerings, goal setting, monitoring, team alignment, businesses can secure sustainable growth and long-term stability.

Google has introduced a new course to help individuals harness the power of generative AI technology. As AI continues to shape various industries, learning how to use it effectively is essential for staying relevant in the workforce.

In marketing, advertising, and PR, maintaining strong relationships with clients is essential for growth and success. By delivering superior products, communicating effectively, owning mistakes, and learning from failures, agencies can build long-lasting relationships and foster loyalty.

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