Leadership | StrategyAudit

How do we measure and value resilience?

strategyaudit — Thu, 25 Apr 2024 00:28:56 +0000

‘Resilience’ is a word we are hearing a lot these days and will hear more today. On this ANZAC day 2024, there will be a lot of words sprayed around that amount to acknowledgement of the resilience of ANZAC troops. They clung to the cliffs on the Gallipoli peninsular, died in the mud […]

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Should we be ‘wisdom leveraging’ baby boomers?

strategyaudit — Wed, 17 Apr 2024 00:37:50 +0000

The following is a post that I drafted at the beginning of the Corona epidemic but did not post. It is a personal reflection on ageism, that becomes increasingly relevant as older, retired workers I see around me now going bonkers from boredom. Few want the pressures they had as youngsters climbing the slippery […]

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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 only way to solve a problem.

strategyaudit — Mon, 08 Apr 2024 02:34:56 +0000

The only way to solve a problem, particularly a significant one is to understand the cause of the problem and eliminate that cause. Rip the band-aid off. Taking a short-term action to address a symptom of a problem is just kicking the can down the road. The problem will return unless the root […]

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Four strategic tasks for the owner of a successful SME.

strategyaudit — Wed, 27 Mar 2024 22:29:37 +0000

Success of an SME means they have crossed that shark filled river where most SME’s fall over. They have sufficient scale to employ functional personnel to address the day to day running of the business, and are returning the cost of capital and a bit more to the owner. For some this is […]

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How much has marketing really changed?

strategyaudit — Wed, 28 Feb 2024 22:45:26 +0000

If you asked a room full of marketers if marketing had changed in the last decade, you would get most of them telling you it had changed radically. On the surface it has, the digital revolution has taken marketing by the neck and given it a great big shake. There has been an […]

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Revolution by digital: A survival necessity.

strategyaudit — Mon, 05 Feb 2024 00:26:20 +0000

‘Going digital’ sounds easy. Sadly, it is not. Almost every company I visit or work with needs, to one degree or another to be aggressively moving down the path towards ‘digitisation’. Just what does ‘digitisation’ mean? For most of my clients it means automating some or all of the existing processes driven by bits […]

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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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What should be the word for 2024?

strategyaudit — Sun, 21 Jan 2024 23:21:35 +0000

Tempo. Everything in life has some sort of tempo to it. The change of the seasons, the cycles of our lives, the routines we follow often without thought, and the planning/execution cycles in our public, private and business lives. What has changed dramatically over the last decade or so is the tempo of change. […]

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6 words that drove a career.

strategyaudit — Sun, 14 Jan 2024 21:54:49 +0000

‘Do not ever patronise me again.’ Those words are seared onto my brain, coming from the mouth of a new boss many years ago. I had not long been employed and wanted to make an impression. Therefore, every conversation was a combative one, a conversation I set out to win, seeing that as a […]

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The competitive secret weapon for 2024

strategyaudit — Sun, 07 Jan 2024 21:44:05 +0000

2023 was a difficult year for everyone. Uncertain economic conditions, war, dodgy deals, politicians cuckolded by their own weasel words, and the emergence of AI. The last one is the only one over which any of us working to pay the bills can have some level of control. AI has emerged from a […]

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How to make incentive programs compulsive

strategyaudit — Mon, 18 Dec 2023 02:47:14 +0000

At this time of the year, there is much thinking going on in relation to the manner in which incentives will be applied in the coming year, for which you are preparing the budget. There are many and varied schemes, most of which are geared in one way or another to a threshold, […]

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8 things the leader of an SME can learn from a dead genius.

strategyaudit — Mon, 04 Dec 2023 21:27:57 +0000

One of Charlie Mungers better known quips was: ‘All I want is to know where I am going to die, so I’ll never go there’. He avoided that place assiduously, but last week, after 99 years, Charlie went there. Perhaps by mistake, perhaps because even he recognised it was time, a very long innings […]

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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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The secret of successful coaching.

strategyaudit — Tue, 14 Nov 2023 22:56:30 +0000

As a kid I was a reasonable tennis player, having been coached by an expert and playing competitively from a relatively young age. Nothing outstanding, just competitive at a district level. Aged about 16, my father who had been an outstanding player and myself started coaching on a Saturday morning on two local courts […]

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