Business IQ

Management to do list Q4 2013-14: What you need to know now

Tiffany Loh
Smarter Writer

Tiffany Loh is the Smarter Business™ & News and Digital Editor, with varied writing experience always looking for a unique story

Tiffany Loh
Smarter Writer

Tiffany Loh is the Smarter Business™ & News and Digital Editor, with varied writing experience always looking for a unique story

Australian industry leaders keep you up to date with what you need to do this quarter.

A Wi-Fi symbol next to a graph, next to a brain sign, next to a computer on a cloud with a wi-fi symbol

As a new financial quarter approaches, we've picked some of the best and brightest business minds to explain what you can do this quarter to future proof your business across technology, people, finance & marketing, and communication.

Technology

  1. Plan for the future now: Gartner forecasts that worldwide IT spending will increase 3.6 per cent this year, reaching $3.8 trillion. So look at where you see gaps in the market, and what you need from your team to add value in that space.
  2. Formalise a workforce development plan: This makes ICT skills critical. What is the ICT skills profile of your business? What skills gaps can you address internally, which ones need to be recruited? For more tips check out Common ICT Job Profiles and Indicators of Skills Mobility“ ICT Skills White Paper.
  3. Understand skills mobility: People come to their roles from a wide variety of backgrounds and have a broad range of skills to call upon. Are you fully utilising the skills you have available to you? See the ICT Skills White Paper.
  4. Enter the iAwards 2014: Championing new technology that has the power to positively impact society, the iAwards celebrates ICT's pioneers of today and creative thinkers of tomorrow. Nominations close April 28, with the state rounds taking place in June and July. So don™'t delay, enter here.

People

  1. Anti-Bullying legislation: All firms must engage with staff to ensure they understand the new legislation. Be proactive and work with employees to show that your firm understands and supports these important changes.
  2. Comply with Privacy Act changes: A number of significant changes to the Privacy Act came into effect on March 14, including the introduction of a new set of privacy principles that regulate the handling of personal information by many businesses and government agencies. This privacy checklist, here, provides advice on whether your business needs to comply with these changes. You can find out more about the reforms here.
  3. Mental health & mindfulness: Following many incidents where pressures of work and life have had a significant impact on families, it is important we understand and embrace the need to be mindful of the impacts our work lives have on our mental health. It has led to international celebrities supporting the movement to ensure mental health and mindfulness are key to ensuring we understand mental health better.

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