15 Jul VIRTUAL AGMS: GOOD FOR SHAREHOLDER ENGAGEMENT; 5 MODELS FOR THE POST-PANDEMIC WORKPLACE
Welcome to this week’s business and media intelligence update.
VIRTUAL AGMS: GOOD FOR SHAREHOLDER ENGAGEMENT
The Australian earnings season is right around the corner, but with many parts of the country still in lockdown because of the Delta variant, the question is: Will investor conferences be held online or in person?
Well, surprising data from Lumi might hold the answer.
The global technology provider found that virtual AGMs led to more shareholder engagement over the course of the pandemic. In fact, a total of 180,360 shareholders participated in virtual investor events in the first half of this year, compared with just 23,785 shareholders in the year before that.
Investor engagement also increased during the pandemic, with in-meeting messages sent through Lumi’s system increasing dramatically from 6,092 in H1 2020 to 49,427 in H1 2021.
Read the full report in IR Magazine.
FIVE MODELS FOR THE POST-PANDEMIC WORKPLACE
As lockdowns ease around the world, and companies attempt to corral their workers back into the office, many employees are pushing back. With employees demanding more flexible working arrangements, business leaders will need to decide whether to return to the classic 9-to-5 regime, continue to work from home, or create a new and potentially more beneficial hybrid model.
In line with that, the Harvard Business Review recently conducted a survey of Australian workers and business leaders and identified five different workplace models currently being used: As It Was, Clubhouse, Activity Based Working, Hub & Spoke, and Fully Virtual.
Find out more about HBR’s five different models to decide which one works best for your workplace.
POD ALERT: WHAT TO EXPECT FROM THE UPCOMING REPORTING SEASON
The US reporting season is well and truly underway. Stellar results were reported by Goldman Sachs and JPMorgan Chase earlier this week, driven by strong M&A, IPO, and trading returns, reflecting America’s robust post-pandemic recovery. Which brings us to the upcoming reporting season here in Australia and what investors are expecting from companies, many of whom will be preparing their first results as a listed company after the rush of IPOs at the start of the year.
Next week, On the Couch, Cannings Director Susie Reinhardt speaks to Conor O’Prey, Senior Analyst at Canaccord Genuity, and Alex Clarke, Co-Portfolio Manager at Ellerston Capital, about what to look out for, and what we can expect. Be sure to tune in!
Feel free to share these updates with colleagues or friends. They can sign up here to receive our daily newsletter.