Doing my PhD

Well for a long time I’ve been fascinated by business – did my Commerce degree at UQ in 1991 – I tortured myself a fair bit by deciding to do the Honours course.  Which was nothing like I thought it would be, and was certainly the hardest year of my life (so far) work-wise. 

Graduating in 1991 was not a good time.  Today, you graduate, you get paid $40,000 minimum, and the accounting firms fall over themselves to have you work for them for 2 years before you do the London thing.  In 1991, it was quite the other way around. So I didn’t work for an accounting firm.  Or a bank.  Who, in their wisdom, had decided the world actually really didn’t need accountants.  They were protecting their profits, but probably didn’t do too much for the profession. 

I worked in private schools for 5 years before realising that I probably didn’t want to stay in the same role for another fifteen years (advice I actually received – I was ‘too young’ to be promoted any more 🙂 – try that on today!).  So I went looking somewhere where being 27 was not considered a career choice!

I did my Masters in Information Systems in 1996 (finishing in 2000), again at UQ.  I became a CPA in 1997.  That opened up the door to consulting in business systems with both Horwath and then BDO Kendalls when Horwath merged into BDO Kendalls locally.  I joined the ITM CoE in 1998, and became its chair in 2002 after Tony Hayes moved on. 

I mostly loved BDO Kendalls as a firm – of course, we had our moments, but I was there for ten years so something must have been OK.  It’s a great accounting firm, with very talented and hardworking people.  Unfortunately due to family commitments and the need for long hours, I couldn’t stay there forever so it was best I leave and strike out on my own.  That has mostly worked well, although again that’s had its moments.  It’s reaffirmed my understanding of the need for cashflow in a small business in its growth phase, particularly during that all-important startup period!

Where’s this going?

Well, as part of my new-found life, which still very much involves consulting, but not trying to juggle family responsibilities and a national firm, I’ve done a little bit of lecturing from time to time (mostly QUT).  Which has been interesting and has lead to other things.  When I left, though, the plan was to work as a part-time lecturer as a sort of base job. 

I’ve since discovered that, in reality, to do that you mostly need to either have a PhD or be doing one.  I also found out the pay-rates for academics – even in IS, academics are paid less than the tealady in a commercial firm.  When a web-designer with four years experience commands a $70K package, and an associate lecturer gets $54K, there’s an economic imperative at work.

Fortunately I’m not entirely motivated by money – I like to do new things, interesting things, relevant things. Searching out mobile phone plans for clients is not necessarily my cup of tea (not one of my banner-moments in the past!).  Im a tad more ‘big-picture’ than that.  So I approached UQ about doing my PhD, and they just happen to have a scholarship going for a PhD student to review the impact of IFRS (International Financial Reporting Standards) on IT audit methodologies (see here, at the top of Page 54).  It’s almost exactly what I’m interested in, involves working with the auditors-general around the country, and it’s important (that’s why it’s one of those rare things, a PhD with funding – not a lot of funding really, for what is needed, but funding nonetheless). 

Peter tells me he’s after someone ‘mature’ to do the work – so maybe I’ve shaken off those baby-faced looks from when I was too young be promoted :).  Had to happen eventually I guess.

Personally it suits me to part-time consult and work on this topic.  It’s not quite exactly what I’m interested in, but half the work of a PhD is coming up with a topic, and here it is laid out for me on a platter, with funding and research subjects on the side.  So – I’ve said I’m up for doing it

So – I’m told an office is involved, and that I’ll have to be at UQ a fair amount of the time, but that is fairly flexible and it’s really about outcomes. The picture below is of the building at UQ where I’ll be spending most of my time.  I’ll have to buy myself some suspenders and jeans now that I’m working in academia.  There is a coffee shop and it’s a wonderful location (parking is kind of poor but we’ll deal with that and how bad could it possibly be (gak! famous last words!).

For any clients reading this, please note that I’ll still be available for consulting work – for most clients, pretty much on the same basis as before.  You won’t notice the difference, I promise, and in the meantime I get to work with some great people on a big-picture topic area of interest.  In fact, it’s a topic that’s just crying out for consulting and linking with the business community.

Guess that’s why it’s a linkage grant then, huh.

Social security

About this article

In about April I got a phone call asking me if I could write an article very quickly for the CFO Software guide of 2008.  This guide is produced in association with CPA Australia every year, and every so often the Information Technology & Management Centre of Excellence writes an editorial piece related to the topic of the moment (usually).  This time, though, because it was very short notice (I believe the phrase ’10am tomorrow?’ was used), I got to draw a fairly loose association with the topic.  I wanted to write something a little different to the normal business article – although a good and serious article is excellent, it doesn’t achieve much if it is never read, in my view. 

So as a result, I wrote an article on the topic of social networking, and called it ‘business socialism’ – it was subsequently retitled to ‘Social security’.  In an edition where the companion articles are fairly business-focused, my article probably has, as was described in unsolicited feedback, as a ‘tone’.  The Editor’s Letter for this edition notes that the theme of social software and tapping into the wisdom of crowds ‘is picked up enthusiastically by Micheal Axelsen, the chairman of the Information Technology and Management Centre of Excellence for CPA Australia, in his opinion piece’. 

I’m going to take that feedback as positive feedback.  I reproduce the article below as I submitted it, together with an attached scanned copy of the magazine.  If you think you may be the person who has their photograph in FaceBook giving a Nazi salute, perhaps drop me a line on my email. 

Oh, and thanks to Jenny for being very sporting about the fame of her cat, Stitch.

Social security

Once, ‘friends’ were people that you met regularly. Friends went to the movies together. Friends may occasionally have had one beer too many and woke up together on a park bench. Sometimes friends were workmates. Sometimes they were actually your significant other’s friends. You and your friends drifted apart when you changed jobs (or your significant other).

Today, the world is very, very different. The circle of friends expands and grows. Friends that move away can be ‘followed’ with social networking websites such as Facebook and MySpace. Because of Facebook, I know that a former colleague has just received a kitten called Stitch. A cute cat, but I have not met that colleague in eight years.

Today, people are Facebooked, MySpaced, and LinkedIn. They Flickr and Twitter and Qik. People blog and they YouTube.

Today’s workforce talks over the internet in myriad ways, at all times and at all opportunities. The line between ‘work’ and ‘leisure’ has become very blurred. Social networking sites can have a real business impact.

Social networking is positive in several ways. For example, searching on a candidate’s name will provide more background than a resume ever will. A footprint on the internet will exist somewhere. Potential employers can be better informed about the candidate. The same approach can be used for prospective suppliers of products or services to the business.

Candidates or suppliers with personal photographs in the Facebook group ‘embarrassing party photos’ may not like this. However, it is not only the young that can have unsavoury photos appear online. At least one Facebook user has shown poor professional judgment by posting a photo of their employer’s grey-haired managing director giving a Nazi salute. The poor fellow probably doesn’t know it exists.

A scan of blogs and other online tools for qualified candidates expressing frustration about their current job may be helpful when recruiting. Head hunting to fill specialist roles can be much easier in this digital world.

On the other hand though, customers with bad experiences services will likely retell their story on the internet. Today’s mobile technologies allow this to occur before the customer has even left the store. Many prospective customers today will perform a search on the business. These customers tend to believe an anonymous internet posting in preference to any information contained in a marketing brochure.

Employees’ activities ‘out of hours’ can also have an impact. The legal liability is at best murky when an employee stalks another employee using social networking tools. When businesses request employees to put their details on MySpace or Facebook as part of a staff recruitment drive, a legal problem may arise very quickly if an employee is stalked, attacked or has their identity stolen using this information.

Likewise, LinkedIn is a popular social networking site for professionals. This website provides a ‘newsfeed’ of the events occurring in your network of contacts. Secrets can be inadvertently given away by staff members setting their LinkedIn status to (for example): ‘Micheal Axelsen is developing a proposal for Can-Do Technologies’. LinkedIn also allows a contact to see their contact’s contacts, which can give an interesting insight into that contact’s marketing activities.

Business should respond in some way. In 2008, the CPA Australia Information Technology & Management Centre of Excellence is writing a guide for business with appropriate policies to adopt for social networking. At the least, we encourage businesses to understand their ‘internet footprint’. A regular search upon the business name, the names of key products, and the senior management team is essential, with Google Alerts a good tool that can alert you to such new content.

Staff should also be aware of the risks and issues for the business and their career when posting information online. At least one Facebook user has been astonished to see photographs of her in an inebriated state. She is desperately trying to get these ‘friends of friends’ to delete the photographs.

The social networking phenomenon is here to stay and will continue to grow. Businesses should review the impact of social networking on their business. There is a need to communicate to all staff the types of appropriate behaviour and content when living out their digital life. Businesses should monitor their ‘internet footprint’ and plan a response when the business is mentioned online. ‘Banning’ social networking is unlikely to be helpful for a company. A sensible and informed approach is important, with an awareness of the potential risks and problems.

Social networking: sometimes, it’s about business. And we mean business.

 

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CPA Australia ITM CoE meeting

Well I’m off to Melbourne again this morning for the first face-to-face meeting of the ITM Centre of Excellence this year.  In some ways we’ve been a bit slack this year – but our work plan is still cranking out because we’ve got the dance card aligned. 

There’s a major publication coming out on the business management of IT (that is very, very excellent and I love Chris Gillies’ and Jan Barned’s work on this one – you’ll be able to buy it online very soon), a research publication on telework has come out (thanks John Campbell from University of Canberra and Jon Heales from UQ- read it on the weekend and it looks good), there’s been an article for the CFO Software Guide that comes out next month (on social networking – thanks me!), and there are two forthcoming articles on the impact of social networking on your career and business (June and July issues).

These last two are for InTheBlack and again, thanks me!

There is also a major publication coming up that is a guide to ICT Outsourcing, which wraps up a stream of work that has been around for a couple of years now. 

CPA Australia has also commissioned me to write a policy and procedure guide to social networking.

As well as that I believe there is a ton of work coming through on the telework research front, and I am down to give three presentations at CPA Australia PD sessions in the next four months or so (Townsville, Brisbane, and Sydney and Melbourne, and Brisbane again). 

As well as continuing on with the IT Specialists assessment panel. 

There is also a total review of the websitre, and our content has been, finally, rebranded as “IT Management” rather than eBusiness, and as well as that we came up with some points to go to the 2020 Summit with.  However I don’t know that that produced very much :). 

So when I say ‘slack’ I actually think I may mean it in the ‘quite busy’ context. 

I think our work plan is still going strong – that will be the focus today and to align the dance card for the rest of the year.  April is a bit late for our first face-to-face meeting but no doubt it will all come together.

On another note – I’m thinking about setting up a video blog on this blog – technically, it’s all sorted.  I just need to find something to say.

The Facebook Anthem

This is really old of course but it sums up a lot of people’s experience with Facebook (now must obsessively stalk facebook friends through status updates.  Bwa ha hahaha).

I’m writing an article on social networking and the pitfalls for young CPA’s – egad, there are so many ways.  Must not huddle in corner…

Billy Joel is probably rolling in his grave – except he’s not dead and hopefully gets some royalties sometime :).  Gotta love that song – the lyrics can be very adaptable.  Oh – and probably Not Safe for Work as it is loud and has some (bleeped) swearing. 

 

Facebook has become the biggest and ‘baddest’ social networking site on the block – it’s mostly fun but there are FAR TOO MANY APPLICATIONS ALLOWED.  And you should see what happens with your data when you click on these things.  I’ve gotten rid of almost all of mine…

And… Facebook is for friends, LinkedIn is for real work :).

Applied Insight Pty Ltd and the Desktop

I was forlorn and decided that I needed to have a new desktop picture on my laptop to emphasise my new-found professional fervour. So limited as I am with artistic talent, no sense of taste and Visio, I whipped up a new desktop for my laptop.

Anyone so wishing can have this desktop for only $0.00 (GST-included) by downloading from here:

http://www.flickr.com/photos/michealaxelsen/2379218150/sizes/o/

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