03 Jun COMPANY DIRECTORS TOLD TO EMBRACE THE NEW NORMAL; AUSSIE BANKS – A CASE OF REDEMPTION?
Welcome to today’s business and media intelligence, with insights collected over the past 24 hours.
BACK TO THE FUTURE: COMPANY DIRECTORS TOLD TO EMBRACE THE NEW NORMAL
- A company director’s job now extends to managing an ever-increasing list of legal and governance risks to their businesses. But will this change in a post pandemic world? According to an opinion piece in the AFR, now is a good time to ask whether all the new, prescriptive and confusing regulation provides a net benefit to society. Read it here. (Subscriber access)
- Meanwhile, McKinsey has compiled 15 key themes the consultancy believes boards and management need to follow. Read about them here.
AUSSIE BANKS – A CASE OF REDEMPTION?
- For the nation’s banks, the pandemic presented an opportunity to show that they had more to their collective conscience than “fritzing each other over returns on equity”. ABA chief executive Anna Bligh made it clear that there was no room for waiting and that the banks needed to pull together quickly for the sake of the country. The AFR documents the discussions between the banks and industry associations on the changes that were implemented. Read the full article here. (Subscriber access)
GOOD NEWS! PUBS ARE HERE TO STAY.
- The lockdown has shown that, although it isn’t quite the same as meeting face-to-face, platforms like Zoom have enabled most office-based businesses to function well, relying on digital contact only. Many people would now prefer to work at least one day a week from home, and some every day. But social meeting places – like pubs and clubs – appear to be OK. Read The AFR’s article here. (Subscriber access)
- If you are someone who wants to continue to work from home full time, the Harvard Business Review has put together some top tips for demonstrating your value – remotely, starting (unsurprisingly) with ‘do your work’. Read all the steps here.
SWIMWEAR FOR SUMMER AND CASHMERE FOR WINTER – COULD THIS BE THE END OF THE FASHION “CALENDAR”
- Has the COVID-19 pandemic given the global fashion industry the push it needs for a reset, including providing consumers with ”seasonless” collections and a less frenetic pace? Read the full AFR article here. (Subscriber access)
Our daily briefing is not meant to be a summary of media coverage but rather, insights that may be helpful in understanding how organisations are communicating with stakeholders in a time of crisis – and what comes next. Sign up via email.