New research has quantified the size of the gap between the forecast and actual earnings of start-ups presented by entrepreneurs to potential investors. Entrepreneurs typically overestimate realised revenues by about 22 per cent in the estimates provided to potential investors the previous year, says UNSW Business School. In particular, founder-CEOs overshoot revenues by about 15 per cent, […]
By By John Rice, Zayed University and Nigel Martin, Australian National University Elon Musk is now the world’s richest person, edging out previous title holder Amazon’s Jeff Bezos. His rocketing fortune is due to the […]
By Shamel Azmeh, University of Manchester COVID continues to ravage societies around the world, and a key issue is how governments can afford to fight it. As economies are disrupted, governments are stepping in to […]
As Covid-19 continues to disrupt franchised businesses and affect the global economy, franchisors and franchisees should consider shared services arrangements to spread costs, create efficiencies, and leverage knowledge and expertise across brands. In shared services […]
Australians are working more hours across a range of sectors as the economy re-opens, although the hours rostered by most businesses are still well down on pre-COVID-19 levels. Workers across Australia’s hospitality industry continued to […]
Lean is a method that grew out of the Toyota Production System in the middle of the 20th century to create a more effective and efficient business by motivating and engaging the workforce to eliminate […]
By Duygu Yengin, University of Adelaide and Tracey Dodd, University of Adelaide “Fake news”, the chief executive of Lufthansa has called it. But his counterpart at Air France calls it the airline industry’s “biggest challenge”. […]
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