Archive for the ‘ABS News’ Category

Avondale Business School collaborates with Business

Monday, May 15, 2017

Business and College collaboration is a wonderful way to enhance student learning. A recent excursion organised by the Avondale Business School to Sydney saw students visit 3 business to get insights into risk management, marketing, human resources and accounting.

The first business to open its doors was the Mascot Air Base facility. Manager of Airline safety lead them into the emergency procedures training facility which demonstrated the approach to risk management, in particular in relation to the evacuation of passengers in the event of an emergency. Students were privileged to be shown the various different aeroplane doors used to deploy passengers, rafts and survival kits. They were also shown the pool used for ocean training, in both the dark and in the rain.

Students were then put into the emergency procedure training simulator, where they experienced a crash landing in which the cabin lights turned off and the cabin filled with smoke. Students followed the orders of the cabin staff in relation to “evacuate, evacuate” and were led safely out of the simulator. Some students also were given life vests to deploy, and shown the various safety features such as the water activated light. Students had a better appreciation for flight crew and risk management procedures, after this confronting experience.

Students then headed out to Allianz stadium, for a tour of the facility. Students were taken down the ramp into the stadium, and the logistics of running the stadium that is shared by three different codes of sport (NRL, Rugby Union and Football) was explained. The marketing of the stadium signs, the sponsorship of the different codes and general keeping of the grounds were explained. Students asked questions such as who are the sponsors and what are the benefits of sponsorship from a marketing perspective.

Student then headed into the Sydney Roosters facility where they were led into the boardroom for an “Apprentice” style session (yes Mark Bouris is on the Board of the Sydney Roosters), by the Chief Financial Controller Mr Manuel Vlandis. Students were presented with financial information about the club and the challenges of running a rugby leagues club from a financial perspective. Questions were asked of the salary cap, costs of injured players, and how the model works in relation to revenue streams such as memberships, gate takings and sponsorship. The CFO was happy to answer the questions, and speak of his relationship with the Board and the new strategic plan they are currently developing.

Students then headed next door to the NSW Waratahs headquarters. There the player development manager Lachie McBain explained the complexities of running a rugby club, including issues such as preparing players for life after sport. He talked about the initiatives the club has in place for players such as further education and financial planning. He discussed the available careers in a rugby association, and his role in relation to his employer being RUPA (Rugby Union Players Association), formed to prepare players for life after sport. The club facilities were shown to the students, including the training areas, technology viewing areas and player lounge. Students asked questions in relation to membership numbers, revenue from Foxtel, sponsorship and player wages.

Feedback from the day included the following:

“It gave us insights into jobs where we do not see what happens behind the scenes”

“It was awesome to see business applied in a sporting context”

Avondale Business School will continue working with these businesses in the future, turning textbook learning into the reality of business. As the late Wallaby and Lawyer Ross Turnbull stated “There is nothing that I learnt in SPORT that doesn’t apply to BUSINESS, or LIFE” (2014). This excursion came from research done previously into the education of current sports people for their career after sport, a paper to be presented at the Global Conference on Education and Research (GLOCER 2017), which will be held during May 22-25, 2017 at the University of South Florida Sarasota-Manatee campus in Sarasota, Florida. Here’s the program link:

http://conference.anahei.org/wp-content/uploads/Final-program_5_8_-1.pdfhttp://GLOCER program 2017

Diversity in Business

Wednesday, October 7, 2015

uber vs taxiA few weeks ago in a ‘Diversity in Business’ class we discussed the historical disadvantage people with a disability experience with regards to workforce participation. As an area of interest to me, some of the statistics explored were quite surprising. So you can imagine the potential for the creation of jobs that a partnership between Uber, the ride-sharing car service provider and Enabled Employment, an Australian start-up operated by people with disability for people with disability, may have. Uber is hoping the partnership will not only help Enabled Employment members find income opportunities, but also encourage the 53 per cent of disabled people with a driving licence to consider driving on the Uber platform.

“Uber is a big believer in diversity and are already challenging the stigma by offering an extension to their app which accounts for people with difficulties in hearing or speaking. This opens up a world of opportunities for people with disabilities to earn a flexible income as Uber-partners”, Enabled Employment CEO Jessica May said. “Uber offers flexible options for people with disabilities and their carers to get back into the workforce, which is what is needed to increase diversity. As long as the requirements for Uber are met, people can be their own boss, work when they want, including around medical appointments or their limitations, and still earn a decent wage.”

Uber may be facing controversy with regards to its business model, with the taxi industry particularly vocal about it’s practices, but this is a good initiative that will likely be considered a step in the right direction to the four million people in Australia who live with a disability.

http://www.sbs.com.au/news/article/2015/09/24/disabled-drivers-get-behind-wheel-uber

http://www.probonoaustralia.com.au/news/2015/09/uber-partnership-create-jobs-disabled?utm_source=Pro+Bono+Australia+-+email+updates&utm_campaign=db9a64b17a-JOBS_28_09_20159_28_2015&utm_medium=email&utm_term=0_5ee68172fb-db9a64b17a-146874989#

– Peter Williams –

Lecturer:  Avondale Business School

email:  peter.williams@avondale.edu.au

phone:  02 4980 2175

 

Opportunity comes our way …

Friday, June 12, 2015

opportunityOpportunity comes our way….

 

I often bump into or get connected with some of my high school or college class/college mates. This sends me to the world of reflection and memory mode trying to recollect details about this old friend or acquaintance of mine. When things get put together and I can see how things have changed over time in regards to this person. How he or she is faring now and what sort of opportunities were taken by this friend. How successful an opportunity has turned in to for this friend?

Time and time I notice that one thing is common to many of my friends who have been successful and unsuccessful in career or life can be pointed to the opportunity that was seized or missed out in the right time and place.

Two thoughts come up in regards to opportunities and they are so true when we look back and the reality is that it happens to us too.

“Many of us wait for opportunity to knock on our doors. However, most successful people are prolific door openers and do not wait for knocks.”

“Many times SUCCESS is more about DOING the things you know you should do, not waiting to learn the ‘secrets’ that you don’t know.”

Another motivational quote that I found on the web that reads like this;

“Lucky people get opportunities; Brave people create opportunities; And Winners are those that convert problems into Opportunity.”

There are numerous illustrative stories told where opportunity plays a key role in the lives of people’s success. Here are a few links for you to connect and read them.

http://www.jackharpster.com/helping_hands_helping_hearts_opportunity_village.html

http://www.pravsworld.com/making-the-most-of-every-opportunity/

http://www.fropky.com/when-opportunity-knocks-vt35574.html

http://www.seeksuccess.com/million-turned-20-5-stories-opportunity-determination/

– David Wilson –

Lecturer, Avondale Business School

 

 

Employee Wages

Tuesday, June 3, 2014

wagesAre we paying too much for our employees’ wages?

When Nobel Prize winning Economists speak, how willing are we to listen? James Mirlees has recently suggested that without wage cuts “from the board room to the factory floor”, Australia’s unemployment rate will steadily rise. Announcements in the past two weeks show that Australia’s wages are growing at only 2.6%, a rate smaller than the inflation rate and some of the slowest wages growth seen in over 20 years. This combined with speculation of interest rate rises before the end of the year is likely to have a big impact on living standards, and could have “material effect on Australia’s housing bubble and household debt levels”. Perhaps it is time to begin proactively considering the possibilities of what this could mean for both individuals and business in the future.

–      Peter Williams    –

http://www.abc.net.au/news/2014-05-30/nobel-winner-warns-australian-wages-will-fall-or/5488374

 

 

Giving to Charities

Monday, May 12, 2014

DonateWho Are The Most Generous People in Australia?

The most generous people in Australia typically live in the ACT, according to the latest NAB Charitable Giving Index. The least come from WA and Tasmania.

The 4th edition of the Index reveals the latest trends and data on the giving patterns of Australians to charity. The trends reveal:

  • Giving overall to charity increases by 8% to February 2014, compared to 3.3% the same time last year.
  • The average annual donation across all age groups was $315, up $13 from 2013.
  • 33% of donations go to the Humanities category, which, is declining. The growth categories are ‘Other’ and Medical services.
  • The postcodes with the highest incomes give the most in dollar terms, but not as a percentage of annual income.
  • Metropolitan areas give more than regional.
  • The average annual donation per age category is:

25-34   $179
35-44   $243
45-54   $290
55-64   $317
65+      $388

If you relay on donations for your business, knowing that charitable giving on average grew by 8%, what was your growth rate? Who are your main givers? Where do you need to focus your attention to improve giving?

The Avondale Business School can advise your organisation on being effective in these areas – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

‘Pro Bono’ Boards

Monday, May 12, 2014

7 Steps for Effective Pro Bono Boards

Many NFP Boards are comprised of directors and members who graciously volunteer their time and skills. These ‘Pro Bono’ Boards are still required to function at the same level as professional boards all be it with much more limited resources.

A recent article by Kate Costello (Founder and Managing Director of corporate governance company, Governance Matters) outlines what she believes to be the 7 steps for an effective Pro Bono Board. In summary these are:

1. Size of the Board – Inefficiencies arrive when a board exceeds 9 members.BoardMembers1

2. Right Mix of Skills – Membership needs to be based on potential contribution, not as a reward

3. Choose the Chair on Ability – A board well led is a successful board

4. Effective Allocation of Board Time – Spend most of your time look through the windscreen (forward) not the rear-view mirror

5. Measure Strategy Outcomes – We get what we measure, not what we expect.

6. Exhibit Right Behaviour – Be a functional unit comprised of functional members, not a dysfunctional unit with dysfunctional members.

7. Understand the line between governance and management – Ensure there are no grey areas, and that management and the board know what their respective responsibilities are and trust each other to carry them out.

Looking at this list, how does your board stack up? Is it an effective board?

The Avondale Business School can assist your board to become a high performing board – find out how by contacting Warrick Long at the Avondale Business School.

E: Warrick.long@avondale.edu.au

P: 02 4980 2168

Rewarding Ethical Behaviour

Monday, April 7, 2014

The challenge in business to always have employees act in an ethical manner has reached a critical point in the current business environment. Numerous recent examples abound of unethical actions and the negative impacts these have had on organisations.

But what about when organisations do act in an ethical manner?

The Ethisphere Institute, an American independent research centre that promotes best practice in corporate ethics and governance, has reviewed thousands of applications for The World’s Most Ethical Company designation, and three Australian companies have made the cut – all of them from the banking sector.

This year Ethisphere is honoring the largest group of organisations based outside the US ever – 38 organisations from 21 countries and five continents. Wouldn’t it be nice to see more Australian companies recognised for their ethical approach to business?

The challenge to implement a focus around ethical behaviour in business is welcomed by the Avondale Business School. We believe this is something that differentiates our students from students studying elsewhere. Our desire is to produce Business graduates who are ready to meet the needs of their employers in a workplace setting, but do so while acting in a highly ethical manner.

– Peter Williams, ABS Lecturer and Coordinator of the Human Resources Management Major

The ABS can help you can make a difference! Find out how by contacting the Avondale Business School.

E: ABS@avondale.edu.au

P: 02 4980 2168

Congratulations Avondale Business School Graduates 2013

Monday, December 9, 2013

 Grad20131Grad20132

Congratulations to the Bachelor of Business 2013 Graduates.

On Sunday December 8 Avondale College held it’ largest every graduation, with 349 graduates, including those from the Bachelor of Business program in the Avondale Business School. The ABS graduates included majors in Accounting, Human Resource Management, Marketing, and Management. Many other students from other faculties had also passed through the ABS by undertaking minors in those fields.

The ABS staff wish the graduates well with their future careers.

If your organisation has a need for an ABS graduate with skills in any of these areas, please contact Warrick Long

E: Warrick.long@avondale.edu.au

P: 02 4980 2168