Corporations are not evil conflicting stakeholder

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Corporations are not evil, conflicting stakeholder needs o People may want to do something but feel like their contribution isn’t significant they do what they can - Why o Jean Baudrillard humans are connected to figurative rather than literal o Baudrillard was concerned that people are more invested in what they are told is to be real, rather than reality itself. Some organisations may be most worried about what looks best for the sustainability report The best part, what we see, is often exaggerated o ‘Doing what looks good’ becomes the drive, rather than doing what is good i.e. long-lasting, meaningful, and positive change. People feel good buying something that is good Organisations increase value and then profit - Summary
o Sustainability is a key consideration to the contemporary business environment o Rules regarding compliance and reporting are slowly being created, but not everyone is convinced. o This drive for sustainability represents an opportunity for all of you given that its an emerging market. o How you communicate your strategy, is essential.
WEEK 10 THE FUTURE OF WORK LECTURE NOTES How did we get here - Proportion of population aged 65 and over increasing, sharp increase since 09 - Male and female labour force participation rates men decreasing, women increasing o Female now less of a drop around 30s, (used to leave work for kids) - Australia’s population born overseas o Increasing since 1940s, now over 25% - Gender pay gap o 2016 17.3%, has moved between 15 and 19% for last 20 years o AWE overall position of women, doesn’t show pay gaps for employees in same roles o Gender pay gap is influenced by many factors including Stereotypes about type of work men and women should do Men and women working in different industries and jobs A lack of women in senior positions, lack of part-time or flexible senior roles Women more likely to work part time as still undertake most of society’s unpaid caring work o Hence, more precarious attachment to workforce Differences in education, work experience and seniority Discrimination o Issues Glass ceilings Glass walls Glass cliffs - Education levels o Year 12 retention rate, people enrolled in study and people with bachelor degree numbers all increasing - Industry and work o Services employ majority of people, manufacturing and agriculture in decline o 2020: Health Care and Social Assistance 20.9% Education and Training 11.6% Construction 11.2% Professional, Scientific and Technical Services 11.1% Accommodation and Food Services 9.1% Retail Trade 9.0% Transport, Postal and Warehousing 4.9% Public Administration and Safety 4.1% Financial and Insurance Services 3.8% Other 14.3%
The Future of Work Robots, AI and gig economy - The future of work o 5 million jobs (40%) face a high probability of being replaced in the next decade or two. 18.4% have a medium probability o Jobs that involve low levels of mobility, creativity, social interaction, and dexterity and more likely to be replaced by automation - Technology o Changes to technology can be beneficial o Technology still not at the level of humans focus on human social skills o Opinions

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