People love to associate with successful innovators. Just look at the hype around agtech and fintech events. The intriguing thing is that they are people who took risks or stood up for transformative change for their organisation or industry. Sound cool? Actually, it takes a lot of courage. Firstly, doing anything new means you […]
Innovation
Make Space to Create Future Opportunity
The quip that ‘a week is a long time in politics’ holds a lot of truth for modern businesses. Market developments and political events can result in business leaders allocating most of their time to handling the issues of the day. You can easily find that important priorities are taking precedent over the most […]
Believing our own rhetoric
Comparing the performance of your business, organisation or industry with others in your patch is risky. It invites a false sense of security on the urgency and the priorities for change. The real gap to monitor is where we stand relative to world class – and whether it’s narrowing or growing. These comparisons […]
Mindset: change before you have to
When industries are in crisis, more businesses start taking a lot more notice of their industry structures and the performance of industry services. And in some cases, it doesn’t take much analysis to see that old arrangements are in urgent need of an overhaul. It begs the question as to why it takes a […]
Determine the costs of not changing
In a connected economy, business models don’t stay current for long. It holds true for firms and industry institutions. Yet there is often a deeply held mindset that industry institutions are somehow immune to the constant and disruptive changes that are shaping and re-shaping modern businesses. People ask ‘why do we need to fix […]
Industry bodies must shape and drive reforms
Industry bodies have work to do Scott Morrison’s determination to improve business’ dealings with government (‘‘Morrison to cut red tape, reform IR’’, June 24) is a warning to industry peak bodies that are out of touch. It is a major challenge, as well as an opportunity, for industry organisations across Australia to shape and drive […]
