Summit Day One - Wednesday 25 February 2015
Click here for the Post-Summit In-depth Learning Sessions
08:30 Registration and welcome coffee
08:50 Opening address from the Chair
Julie Toth, Chief Economist, Australian Industry Group
AUSTRALIA’S PERFORMANCE IN A GLOBAL MARKET – BENCHMARKS IN PRODUCTIVITY AND COMPETITIVENESS
9:00 Key findings from the World Economic Forum (WEF) Global Competitiveness Survey
- Examining the history of the World Economic Forum’s Global Competitiveness Report and the latest findings
- Quantifying factors contributing to national productivity and competitiveness
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Examining the 12 pillars of productivity and their impacts:
- Institutions, infrastructure, macroeconomic reform, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, innovation
- Trends for Australia – making the most of our strengths and overcoming impediments to our competition and productivity potential
Julie Toth, Chief Economist, Australian Industry Group
REFORMS FOSTERING PRODUCTIVITY AND COMPETITIVENESS AND NEW PRODUCTIVE MARKETS
9:30 Industry keynote presentations
Business perspectives on key challenges to productivity and competitiveness
This session will provide the opportunity for business leaders to benchmark business process and policy solutions to key productivity challenges. From changing customer demand to rising exchange rates, from the move to online and digital business, to making the most of new market opportunities - business leaders face a range of pressing challenges to their competitiveness and productivity
During this session, these two leading minds of industry will share their perspectives on the impediments and drivers of productivity and competitiveness:
09:30 Aspen Medical keynote presentation
Glenn Keys, Managing Director, Aspen Medical
10:00 Future opportunities for government reforms promoting productivity growth and competitiveness
- Reviewing government reforms in the late 80s and 90s thought to have had an impact on productivity growth
- Examining the productivity step changes which were likely driven by these reforms
- Exploring potential productivity fostering reforms to come - What are the middle and high hanging fruit now that implementation of the low hanging opportunities of the late 80s/early 90s is complete?
Dean Parham, Visiting Research Fellow, School of Economics, University of Adelaide
10:30 Morning tea
TOOLS FOR ORGANISATIONAL PRODUCTIVITY AND PROCESS IMPROVEMENT
11:00 Collecting, analysing and understanding data and using it to drive a real increase in productivity
- Stepping back, looking at your business and identifying possibilities for productivity improvement
- Figuring out where to start - choosing the best potential targets for improvement that offer a significant benefit
- Measurement and interpretation of “value drivers” in productivity and how to influence them
- Developing a clear understanding of what measurements mean and how to manipulate an increase in productive outputs
- Looking over the fence about what drives productivity in other organisations – benefits of benchmarking and comparison of best practice in productivity improvement between organisations
Claudelle Taylor, General Manager, Nexus Point Solutions, Leighton Holdings
11:30 Navigating the wide range of technologies and tools enhancing productivity and competitiveness
- Identifying your organisation’s improvement priorities – productivity, process efficiency, cost or waste reduction
- Sifting through the range of available options: lean, six sigma, TQM, 5S, feedback harada, continuous improvement, root cause analysis
- Selecting the right technologies and tools to meet your business needs
- Managing end to end implementation – design, development, integration and management of organizational change
- Seeing technologies and tools as aids and not as silver bullets – understanding how to apply them to achieve real gains
Brenton Harder, General Manager, Program Delivery, Group Strategic Initiatives, Commonwealth Bank of Australia
12:00 Networking lunch
13:00 Panel discussion
Building the new Australian economy – creating the next wave of productive industries
- “Changing gear” from economic growth driven by resources sector investment to a greater broadening of Australian business activities
- Identifying opportunities for development of new industries enhancing Australian productivity and competitiveness
- Seizing the opportunities offered by new technologies, ways of working, and customer demands
- The sharing economy, collaborative consumption, the peer to peer economy and the impacts of these changing collaborative business paradigms on economic markets
- Creating space for new markets in Australian business regulatory frameworks
Panel moderator:
Kerry London, Acting Deputy Pro Vice Chancellor Teaching and Learning and Professory of Construction Management, RMIT University
Panellists:
Julie Toth, Chief Economist, Australian Industry Group
Ralph Ashton, Director, Australian Futures Project
Alex Milne, Director - Legal Services, Australian Productivity Council
13:45 Panel discussion
The future of work – driving productivity in the workplace of the future
- Dealing with the entry of social media into enterprises – using it for good not evil
- Making the most of new collaborative technologies
- Moving from task based to project based work
- Incorporating freelance and contract labor into your workforce
- Workplace mobility – hot desks, remote work, and virtual offices - transitioning from “going to work” to “connecting to work”
- Strengths and challenges around changing models of workforce collaboration – working effectively towards a shared vision supporting project delivery and productivity
Panel moderator:
Julie Toth, Chief Economist, Australian Industry Group
Panellists:
Gwilym Funnell, Director, Collaboration, Telstra
Sarah Kay, Workplace Designer, Woods Bagot
Caroline Boyce, Workplace Solutions Manager, Shared Services, Enterprise Services and Transformation, National Australia Bank
Barbara Pocock, Professor and Director of the Centre for Work + Life, University of South Australia
14:30 Afternoon tea
INNOVATIVE PARADIGMS AROUND PRODUCTIVITY AND COMPETITIVENESS
15:00 Creative productivity – a key driver of competitiveness
- Understanding how creativity sets businesses apart in an era where everything can be googled and copied
- Examining productivity and efficiency measurement in traditional process-driven businesses and the need to take an increased focus on constant innovation and creativity in a changing economy
- Developing environments that are creative and provide tools to foster creativity
Sarah Kay, Workplace Designer, Woods Bagot
15:30 Harnessing Ad Technology to thrive in the digital economy
- Exploring the role of Ad Technology in empowering marketers
- Examining the productivity benefits of automation
- How does Australia compare to its international peers – best practice benchmarking
Alice Manners, Chief Executive Officer, IAB Australia
16:00 Competitive productivity – a new perspective on effective output
- Examining the traditional paradigm of productivity around the efficiency of conversion of inputs by workers into outputs
- Implications of these paradigms at a microeconomic and macroeconomic level
- The paradigm shift towards competitive productivity – moving towards a joint consideration of micro and macroeconomic factors
- Ingredients of a competitive productivity approach: benchmarking, culture, education/development, environment/infrastructure, performance outcomes and values
- Forging a direct link between productivity and organizational competitiveness
Dr Chris Baumann, Senior Lecturer, Management and Marketing, Macquarie University & Visiting Professor, Seoul National University (SNU), Korea
16:30 Closing remarks from the Chair
16:40 Close of Day One and networking drinks