News on Creative Leadership, Creativity and Innovation
Infrastructure News
Monday, January 5, 2009 at 11:28PM Investment in the fields of Infrastructure are a big area where Australia's government intend to improve our economy. Take a look at some of the recent news we have been covering in this field...
"Innovation" is Dead. Herald The Birth of "Transformation" as The Key Concept for 2009.
Monday, January 5, 2009 at 10:05PM “Innovation” died in 2008, killed off by overuse, misuse, narrowness, incrementalism and failure to evolve. It was done in by CEOs, consultants, marketeers, advertisers and business journalists who degraded and devalued the idea by conflating it with change, technology, design, globalization, trendiness, and anything “new.” It was done it by an obsession with measurement, metrics and math and a demand for predictability in an unpredictable world. The concept was also done in, strangely enough, by a male-dominated economic leadership that rejected the extraordinary progress in “uncertainty planning and strategy” being done at key schools of design that could have given new life to “innovation. To them, “design” is something their wives do with curtains, not a methodology or philosophy to deal with life in constant beta—life in 2009.
Innovation, Management, Creative Leadership, Economy, Future, Change, transformation, Design Experts believe reforms can beat financial crisis
Monday, January 5, 2009 at 09:41PM THE Australian trifecta of infrastructure spending, targeted cash handouts and lower interest rates have been given the thumbs up by economists, but many warn that a structural overhaul of the global economy is essential to protect against future financial meltdowns. "Throw away the rule book," was BT Financial Group's Chris Caton's suggestion for governments responding to the crisis. "Stabilise the patient and then worry about moral hazard and lifestyle changes later." But Michael Blythe from Commonwealth Bank said economic recovery would come from the private sector rather than governments.
AUDIT OF THE NATION'S INFRASTRUCTURE RELEASED
Monday, January 5, 2009 at 09:36PM Infrastructure Australia has now completed its preliminary audit of the nation's vital economic assets and compiled the infrastructure proposals for prioritisation. Infrastructure and Transport Minister Anthony Albanese today received the report containing the information from Infrastructure Australia Chair Sir Rod Eddington. Mr Albanese thanked Sir Rod and his team for the work they have done so far. "No one should underestimate the magnitude of the task Infrastructure Australia has been requested to undertake. This group of highly distinguished Australians has risen to challenge," said Mr Albanese. "In less than nine months, Infrastructure Australia has completed the first ever audit of the condition and adequacy of the nation's transport, water, energy and communications infrastructure.
Government, Australia, Future, Investment, Infrastructure, Building, Audit Some economists find reasons to be optimistic
Monday, January 5, 2009 at 09:31PM Economics as the dismal science? Not in somequarters. In the midst of the deepest recession in the experience of most Americans, many professional forecasters are optimistically heading into the new year declaring that the worst may soon beover. For this rosy scenario to play out, they are counting on the Obama administration and Congress to come through with a substantial public stimulus package, up to $1 trillion over two years. They say that will get the economy moving again in the face of persistently weak spending by consumers and businesses, not to mention banks that are reluctant to extend credit. If the dominoes fall the right way, the economy should bottom out and start growing again in small steps by July, according to the December survey of 50 professional forecasters by Blue Chip Economic Indicators. Investors seemed to be in a similarly optimistic mood on Friday, bidding up stocks by about 3percent. But in the absence of that government stimulus, the grim economic headlines of 2008 will probably continue for some time, these forecasters acknowledge.
Government, Creative Leadership, Economy, Future, Infrastructure, Commerce, Optimism