Governance | StrategyAudit

The hidden cancer of your battery-powered device

strategyaudit — Mon, 22 Apr 2024 00:05:12 +0000

Suddenly, everyone is interested in batteries. When mobile devices took off after the launch of the iPhone, the demand for batteries with a longer life than the then existing chemistry could deliver took off as well. Panasonic held a dominating position in this new market, being the major supplier of batteries made using Lithium […]

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Should Dr Chalmers listen to Dr Kahneman in framing the coming budget?

strategyaudit — Mon, 15 Apr 2024 01:00:15 +0000

We lost an intellectual giant last week, Daniel Kahneman. Psychologist and Nobel prize winner in economics, he along with long term collaborator Amos Tversky, created what has become known as ‘Behavioural Economics’. So what you say. In 2010 Kahneman published research that demonstrated that income was strongly correlated with happiness at lower levels, […]

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The beauty of monopoly

strategyaudit — Thu, 04 Apr 2024 23:54:27 +0000

Democratic governments have always spent time talking about creating regulations to control monopolies, or at least the profits that can accrue to the monopolist. In Australia, it has only been talk, and choices to sell public natural monopoly assets to private industry for short term cash. The new monopolist then exercises monopoly pricing […]

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What is the ‘right’ price for your product?

strategyaudit — Tue, 26 Mar 2024 00:12:29 +0000

This is one of the most common questions asked, particularly when configuring a new product. The ‘right ‘ price will be the pricing model that delivers superior value to customers while delivering optimal returns to the seller. Developing a pricing model involves a series of strategic and market driven choices. Packaging, high Vs Low, […]

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Colesworth: Is it collaborative gouging or ruthless collaboration by oligopolies.

strategyaudit — Wed, 20 Mar 2024 18:51:10 +0000

Collaboration between competitors is illegal, but tough to prove. It is also the natural state of affairs in an oligopoly. When a competitive market evolves over time into an oligopoly, the focus of management attention of the remaining oligopolists moves from the customer to the competitor. With the resources available to an oligopolist […]

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12 barriers to a successful grant application

strategyaudit — Mon, 18 Mar 2024 23:54:54 +0000

Recently at a meeting of SME’s, I found myself in a conversation about accessing government grants, initiated by a guest speaker. She was a very impressive woman with significant experience delivering grants from the Department of Industry. The notable omission was, in my opinion, a view that reflected the experience of someone contemplating […]

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Will Generative AI replace people?

strategyaudit — Sun, 25 Feb 2024 22:21:46 +0000

The astonishing ability of the new AI tools to increase productivity relies on being able to ‘learn’ by mining pools of data, then detecting and projecting responses based on statistical outcomes of that mining. The next step, Generative AI, Generative Artificial Intelligence, is the point at which the artificial systems can reason, much as […]

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4 hurdles to successful ‘digitisation’

strategyaudit — Tue, 20 Feb 2024 22:37:50 +0000

Often, I hear the term ‘Digital Strategy’ used as if it were an end result, some discrete set of activities to be completed. To my mind, this is a misuse of the term. As it is usually used, ‘Digital’ is all about the devices, the technology, whereas the value in digital is elsewhere. It is […]

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Australia Day 2024. Here we go again.

strategyaudit — Thu, 25 Jan 2024 22:20:44 +0000

January 26 again, and out come the strident calls for it to be changed, in one of many ways, as well as the equally strident voices calling for no change. To me it seems to be just nonsensical chatter. In any event, January 26 is a confection. Prior to 1935 it was generally known […]

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January 1, 2024. New year revisited.

strategyaudit — Mon, 01 Jan 2024 00:46:51 +0000

I cannot believe another year has gone by. The older I get, the faster time seems to go. As I considered how to articulate the emerging landscape that will be 2024, two headline items screamed at me. Strategy, and governance. Without a solid, deeply considered and articulated strategy, you resemble a flock of […]

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Why do politicians undervalue their leverage?

strategyaudit — Tue, 28 Nov 2023 21:33:21 +0000

Of the many objections to the inequity and shortcomings of the tax system I harbour, the most egregious is the seduction by the fossil fuel industry of governments of all persuasions over the last 30 years. I have two profound objections. The first: They have known of the impact of CO2 on the climate […]

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What SME management should know before investing in chasing government grants

strategyaudit — Mon, 23 Oct 2023 21:56:57 +0000

Most SME’s I meet have at one time or another contemplated, and often invested considerable resources in the quest to obtain public grant funds. Rarely do they approach this exercise with any understanding of the disconnect between the way the commercial world, and the bureaucratic one work. They assume that what to them […]

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Scale or Scope: Australia’s strategic dilemma.

strategyaudit — Tue, 17 Oct 2023 22:22:21 +0000

Australia is an economy that has allowed the big to get bigger to such an extent that the barriers to entry in many vital and emerging industries are simply too high for new domestically funded entrants to swallow. This has led to multinationals buying their way into our market, further reducing competition. The latest […]

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Australia’s ‘KAP-Gap’ will kill us!

strategyaudit — Fri, 13 Oct 2023 08:16:32 +0000

Australia has a problem, a big one. Our KAP Gap is huge and becoming ‘huger’ by the month. Knowledge-Attitudes-Practise gap is the difference between what people say they will do, and what they actually do. At some level, we understand what needs to be done, but are so cemented into the good life that […]

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Is it Complicated, or just Complex?

strategyaudit — Tue, 10 Oct 2023 23:21:18 +0000

These two words are often wrongly used as similes. Complicated implies interdependence, you cannot pull it apart, and then put it back together in exactly the same form. Think of a knitted jumper. Complex implies it can be simplified, much as you unfold a sheet of paper, then are able to refold it and […]

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