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  • Health and Pharmaceuticals | Business Spectator
    the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Health and Pharmaceuticals Stocks to watch at the open The rivalry between CSL and Baxter intensifies David Jones Q1 sales are out and Newcrest hits another rough patch by Kirstie Spicer 8 31am November 01 Hatchtech gets new VC backing for lice treatment trial The company is developing a head lice treatment as it eyes a market with 1 billion potential by Brett Cole 4 42pm October 31 Pfizer reports 19 earnings drop Pharma giant takes hit from expiring patents as revenues decline 12 34am October 30 Merck Q3 profit plunges on low sales Company hit hard by rising competition from generic drug producers 12 29am October 29 Govt eyes NIB overseas health plans Health minister wants to learn more about plan to target medical tourism 12 06am October 29 1 comment NIB to target medical tourism Insurer seeks to address key consumer hurdles of safety and quality 6 54am October 26 ResMed books Q1 profit lift Medical device maker encouraged by early sales of new products 9 51am October 25 Hockey flags Medibank NDIS role Treasurer says soon to be privatized group could be charged with rollout 7 23am October 25 5 comments Govt flags Medibank sale study Cormann says a scoping study into sale of health insurer to be completed by Feb 12 14pm October 24 1 comment Aust Pharmaceuticals profit dips Group warns of depressed retail sales ongoing government reforms to the PBS 9 29am October 24 Woolworths eyes pharmacy tilt Retailer mulling move into 16bn pharmacy market despite govt lock out 8 48am October 24 5 comments McKesson readies bid for Celesio US firm reportedly set to announce offer for German rival Celesio AG 12 18am October 24 Glaxo s China sales plummet Pharmaceutical giant reports sharp drop in Chinese sales in Q3 12 09am October 24 Govt to move on Medibank sale Coalition eyes asset sale before Christmas as it scours for savings cuts 6 50am October 23 7 comments Ramsay holds expansion talks Private hospitals operator s French subsidiary seeks to buy psychiatric clinics 3 55pm October 21 Breathing Life into the IPO list Macquarie and Crescent Capital are considering a potential float of their medical equipment distribution firm by Michael Bennet and Ben Wilmot The Australian 10 00am October

    Original URL path: http://www.businessspectator.com.au/industries/health-and-pharmaceuticals?page=1 (2014-01-13)
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  • Health and Pharmaceuticals | Business Spectator
    Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Health and Pharmaceuticals The year in charts After underperforming this year top miners are more efficient and should see fortunes turnaround in 2014 while JB Hi Fi promises to go from strength to strength by Kirstie Spicer 11 02am December 20 Patients doctors at odds over electronic medical records access study Considerable gap highlighted between doctor and consumer attitudes towards electronic access to medical records by Harrison Polites 10 34am December 10 Innovation echoes down family lines Two Melbourne quantum physicists invented the only self fitting hearing aid on the market Now their two families are helping the start up grow to the next stage by Alan Kohler 7 10am December 05 1 comment Ingenia expands with holiday park deal Retirement village group to unveil latest bolt on buy in NSW by Ben Wilmot The Australian 7 11am December 03 Ramsay to expand in France Private hospitals operator to acquire mental health clinic provider Medipsy 5 25pm December 02 1 comment Medibank sale advisers appointed Govt announces business legal accounting advisers for proposed asset sale 3 25pm November 29 2 comments The Distillery Ansell s stretched glove Jotters laud Ansell s big US acquisition but one asks whether the asset s previous private equity owners might have stripped out some value by The Distillery 6 57am November 27 Ansell turns to UBS for its deal of the decade The acquisition of protective glove maker BarrierSafe Solutions is the Australian company s biggest acquisition since 2002 by Brett Cole 1 27pm November 26 Ansell clears the barriers to the US market Ansell s acquisition of US market leader BarrierSafe Solutions will equip it with a broader product range and wider distribution footprint aiding its accelerated growth strategy by Stephen Bartholomeusz 1 06pm November 26 1 comment Why Washington s government IT needs a health check A neglect modern web development processes has thrown the US ambitious digital health project into disarray and cast doubt over the Obama administration s government IT prowess by Andy Sullivan Reuters 9 03am November 20 Japara ponders new year listing The nursing home giant is considering a float that would value the group at about 500 million by Bridget Carter The Australian 8 52am November 20 J J agrees to pay settlement Deal to resolve artificial hip lawsuits to cost at least US2 5bn 5 40am November 20 Merck raises profit forecast German drugmaker cites benefit from rising sales cost cuts 12 52am November 15 Novartis in 1 8bn diagnostics sale Swiss pharmaceuticals giant sells blood transfusion business to Spain s Grifols 3 52am November 12 Sounds like trouble for Cochlear Investors are betting heavily that Cochlear s fortunes will decline by Kirstie Spicer 10 24am November 08 1 comment A dose of reality on Obamacare Americans spend more on healthcare than we do see doctors less

    Original URL path: http://www.businessspectator.com.au/industries/health-and-pharmaceuticals?destination=taxonomy/term/3002 (2014-01-13)
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  • Moelis agrees settlement: report | Business Spectator
    REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Goldman s coal shoulder The investment bank giant has sold its stake in what would be the largest coal terminal on the US west coast in the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Moelis agrees settlement report 20 Dec 2013 4 11 AM Industries HR Investment bank reaches deal with former VP over bullying claims You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Julia Ward a former vice president of investment bank Moelis Australia has settled a claim with the company over allegations of bullying and sexual discrimination according to The Australian Ms Ward had claimed that after beginning a relationship with a former managing director of Moelis at the start of the year she was confronted with bullying and sexual discrimination ahead of her May dismissal The report suggested a settlement figure of around 150 000 had been reached which is comfortably below the 1 million Ms Ward was rumoured to have sought Moelis maintained its innocence in the mediation proceedings but opted to settle to avoid the more public limelight of a court case The Australian said Print this page Related articles 15 Nov How complexity could slay your company 27 Aug TRUenergy in sexual harassment suit 09 Jul Managerial techniques remade in China 30 Apr Major firms exempt from Abbott parental leave levy 06 Mar Australia can afford Gonski Garrett

    Original URL path: http://www.businessspectator.com.au/news/2013/12/20/hr/moelis-agrees-settlement-report (2014-01-13)
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  • How complexity could slay your company | Business Spectator
    company s history Yet despite these positive results shares in the company were lower than they were at the beginning of the year How can you explain BMW s strong top line growth in a tough market combined with a lower stock price The answer lies in the fact that revenues grew significantly more than profits In fact profits were flat on the year and post tax return on sales actually dropped BMW attributed the flat profits to an increase in personnel higher innovation costs and intense competition While technically true there is a more subtle culprit one that underlies all these factors higher complexity More people more R D and more products equal more complexity which leads to higher costs which in turn bring down profitability In the current business environment there are several common causes of complexity a proliferation of products and or services inconsistent and overlapping processes misaligned incentives byzantine organisational structures and poorly articulated strategies often in some form of combination In the case of BMW the company increased its product line steadily over the past decade As new models such as the 1 series 6 series and various sub brands such as the GT and X models were added complexity inevitably started to rise More people were needed to design manufacture support and sell all those new models and costs rose as a consequence How should organisations deal with complexity The answer depends on the type of complexity being considered Some complexity provides competitive differentiation this is good complexity and should be optimised Most complexity however does not add value and needs to be reduced or eliminated There are four common complexity culprits and they can be reduced by following these steps Step 1 Establish a clear strategic direction Nothing stimulates complexity more than an unclear or inconsistent strategy Vodafone UK was unprofitable in the mid 2000s despite strong top line growth A new CEO radically simplified the strategic process allowing each of the top 100 managers to maintain a list of no more than 5 strategic goals for each quarter all of which had to be aligned with corporate priorities These goals were completely transparent to the organisation s management team As a result of an extensive simplification program Vodafone UK has become highly profitable in one of the world s most competitive telecommunications markets Step 2 Rationalise product and service lines In most cases the Pareto principle applies no more than one quarter of products or services account for more than 100 of profits Seen another way three quarters of products or services actually destroy value Firms could increase profits just by ceasing to offer products or services that do not add value Compare RIM and Apple s approaches to mobile phones Apple has typically sold two generations of phones in two colours with two quantities of memory By contrast RIM has launched 37 versions of its Blackberry line since 2008 each with a variety of configurations In a statement the company said

    Original URL path: http://www.businessspectator.com.au/article/2013/11/15/hr/how-complexity-could-slay-your-company (2014-01-13)
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  • Managerial techniques remade in China | Business Spectator
    of Versailles Granada s Alhambra and Windermere in the English Lake District That a fast growing telecoms group should draw inspiration for the next phase of its assault on the 21st century global phone market from a 16th century castle is not as strange as it sounds Since the 1980s Huawei Haier the white goods maker and other fast growing aspiring multinationals have been studying best practice giving it a Chinese twist and then using it to compete against the international companies that developed it The fact they are using management architecture from the US Europe and Japan does however raise the question of whether China can develop its own management style Peter Drucker the business thinker thought it could and would In 1997 he forecast China would be a source of abundant new managerial insights just as Japanese techniques had revolutionised global manufacturing in the 1980s I d go further I think a population of 1 3 billion must eventually yield not just management innovation but a Chinese heir to Drucker himself So far though there are only faint signs of either Corporate China may tend towards command and control management but some executives are trying to apply Chinese traditions Victor Lang managing director of MMD China a mining machinery company is using ideas from Buddhism Taoism and Confucianism to instil mutual respect social responsibility and an ethical code in his workforce But according to Bruce McKern of Shanghai based Ceibs who co wrote a case study on MMD it is hard at this stage to tell how these ideas will affect the way its managers operate Other companies have built unusual structures Huawei is experimenting with rotating acting CEOs a trio of board members who serve set stints as the group s senior operating officer under founder and overall chief executive Ren Zhengfei Haier in turn is really a web of autonomous business units which bid for the right to carry out projects such as development of a new three door fridge It is probably the biggest network of self managed teams anywhere and one of the most innovative management initiatives by any large Chinese company But Huawei and Haier are successful not because they have come up with interesting management ideas or novel governance concepts but because they are shrewd and attentive students of existing techniques In the late 1990s Huawei was spending up to 3 per cent of revenues on consulting services from IBM Accenture and others renting access to the wisdom the consultants had accumulated working with other clients An existing Huawei factory near Songshan still uses Six Sigma quality programs lean manufacturing tricks from Toyota and automation and supply chain refinements from Germany s Fraunhofer institute But having learnt what it needed Huawei ditched most of the consultants and set its own strategic course As for Haier its founder Zhang Ruimin is an avid reader of business literature and a Drucker quoting member of a management mutual appreciation society that includes Michael Porter and

    Original URL path: http://www.businessspectator.com.au/article/2013/7/9/hr/managerial-techniques-remade-china (2014-01-13)
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  • Andrew Hill - Financial Times | Business Spectator
    stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Andrew Hill Financial Times Managerial techniques remade in China Western management techniques are giving a leg up to the largest most successful Chinese companies But local management styles and corporate structures are also blossoming by Andrew Hill Financial Times 7 31am July 09 2 comments Managing a robot army Our love hate relationship with robots is just about to get a lot deeper thanks to the automation desires of companies like Apple iPad maker Foxconn by Andrew Hill Financial Times 8 24am August 12 Managerial techniques remade in China Western management techniques are giving a leg up to the largest most successful Chinese companies But local management styles and corporate structures are also blossoming by Andrew Hill Financial Times 7 31am July 09 2 comments Managing a robot army Our love hate relationship with robots is just about to get a lot deeper thanks to the automation desires of companies like Apple iPad maker Foxconn by Andrew Hill Financial Times 8 24am August 12 Search Markets Global Indices Index Last Chg Chg DOW

    Original URL path: http://www.businessspectator.com.au/contributor/andrew-hill-financial-times (2014-01-13)
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  • Major firms exempt from Abbott parental leave levy | Business Spectator
    to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Major firms exempt from Abbott parental leave levy 30 Apr 2013 11 55 AM 1 Politics National Affairs Industries HR Firms on partnership model not subject to income tax under proposed scheme You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Large legal and accounting firms would be exempt from a 1 5 per cent tax to fund the coalition s proposed parental leave scheme but stand to benefit from it The Australian Financial Review reports According to the newspaper Australia s top 35 law firms about 5 7 billion in revenue but would not be subject to the tax on income over 5 million because they are partnerships Firms under a partnership model are taxed at the partner level on personal income tax rates Opposition Leader Tony Abbot said firms that fund the scheme would be better off because the levy would cost less than their own parental leave schemes the AFR reports The proposed scheme costed at 3 3 billion would offer replacement wages to employees on parental leave for six months capped at 75 000 Print this page Related articles 13 Jan Abbott eyes repeal of 8000 red tape laws 13 Jan Govt interest bills surging report 13 Jan Palmer wants to repeal Newman laws 12 Jan Vic energy minister to step down 12 Jan Trade pact is

    Original URL path: http://www.businessspectator.com.au/news/2013/4/30/national-affairs/major-firms-exempt-abbott-parental-leave-levy (2014-01-13)
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  • Australia can afford Gonski: Garrett | Business Spectator
    number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Australia can afford Gonski Garrett 6 Mar 2013 2 43 PM HR Education Politics Industries Schools minister says nation can find funds for education reforms You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Australia can afford the 6 5 billion annual bill to institute the Gonski schools funding reforms Federal Schools Minister Peter Garrett says As a country we found funds for the Harbour Bridge we found the funds for the Snowy we found funds to open up higher education he said And we will fund this next nation building reform The Gonksi overhaul would move government education funding to a needs based model with all schools whether public or private funded on the same basis Prime Minister Julia Gillard says it requires an injection of 6 5 billion extra a year to make sure no school loses funding from current levels She wants the states and territories to sign up to a new system at the COAG meeting in April Print this page Related articles 17 Dec List of IPO debut flops grows 16 Dec Govt mulls uni control report 09 Dec Vocation Affinity shares rise on debut 05 Dec Lessons lost in the

    Original URL path: http://www.businessspectator.com.au/news/2013/3/6/education/australia-can-afford-gonski-garrett (2014-01-13)
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