Directors, beware: ASIC's updated cybersecurity stance could mean personal fines, or worse, jail time! 👀 This blog sheds light on the critical shift in regulatory expectations, emphasizing the direct responsibility of board members in the face of digital threats. A must-read for every director wanting to navigate the changing landscape and safeguard their business. Dive in to uncover how you can turn these challenges into strategic advantages. #CyberSecurity #CorporateGovernance #ASIC

As we bid farewell to an extraordinary year and our debut season at Manufacturing Tech Australia, we reflect on a journey rich in knowledge and innovation. From the Victorian Manufacturing Showcase to CeMAT Australia, we covered pivotal events, engaging with thought leaders who shared invaluable insights. Special episodes explored sustainability, Industry 4.0, digital transformation, MedTech, AI, and more. Join us in Season 2 for deeper dives into industry events, policy announcements, and the evolving tech landscape. Thank you for being part of our journey – here's to another season of innovation and industry-leading discussions! Subscribe and tune in for enriching insights in 2024. Cheers to a fantastic community! 🎙️✨ #MTAPodcast #ManufacturingInnovation #IndustryInsights

In today's digital landscape, businesses face a wide range of cybersecurity threats that can compromise their sensitive data, disrupt operations, and damage their reputation. It is crucial for organisations to be aware of these threats and take proactive measures to protect themselves.

When it comes to selecting an implementation partner for your ERP system, understanding the varied landscape of support options is key. Each partner brings a unique approach to ongoing support, both in the nature of services offered and their pricing models. This diversity means you'll encounter different cost structures and types of support depending on the partner you choose.

In a world obsessed with change, true transformation requires audacity, challenging the very rules we hold dear. Are you ready to feck the rules and lead an audacious future?

Servitisation is more than a business model; it's a paradigm shift. It's about offering services alongside products, creating customer loyalty and recurring revenue. Are you ready for the future?

AI is revolutionising the warehousing and intralogistics industry. Amazon's robotics fulfillment center in Western Sydney showcases the synergy between human and artificial intelligence, with robots assisting in sorting and delivering packages. AI adoption optimises efficiency, allowing for individual customer orders and managing complex logistics. Forecasting customer demand, personalising communications, and optimising delivery routes are additional benefits. AI doesn't replace human labor but augments it, improving productivity. This paradigm shift opens opportunities for small and medium-sized businesses, fostering efficiency, innovation, and growth. The future holds even greater possibilities as AI and robotics continue to redefine the industry.

Revival EV are in the process of converting a classic 1971 BMW 2002 into an electric vehicle. This isn't a whim; it's a strategic blend of nostalgia, sustainability, and energy efficiency. "A classic could make the perfect home battery", Chris said, hinting at a future where our beloved vintage wheels don't just give us the joy of a retro ride, but also power our homes.

Discover the hidden capacity in your manufacturing business. Ishan Galapathy emphasizes the importance of refining processes before digitization and empowering frontline leaders. Unlock untapped potential, boost productivity, and minimize waste. Find actionable insights in Ishan's book, "ADVANCE." - Shane Williams

Brad Parsons, founder of Aussie IoT success story Movus shares his insights on the role of data analytics in improving manufacturing productivity and enabling growth.

The introduction of a new leadership role in high-growth Australian SME manufacturing businesses, the Chief Entrepreneur, can better position us to excel in the global market and uphold our reputation as an innovative country. The Chief Entrepreneur acts as a catalyst for change, championing innovation, fostering a culture of creativity, and ensuring the business remains agile and adaptable. Innovation involves recognising disruptive opportunities within the industry and adapting business models. - Shane Williams