Finish Hard: A Note to Young Leaders in Tough Times

A note to young leaders. Have you found 2024 to be a challenging year? Join the club. When the economy slows, most relationships go into reflection mode. And since humans aren’t that good at self-reflection, we tend to focus on the faults in others – rather than in ourselves. Easier to look out the window […]

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Time Kills Deals: A Holiday Lesson for Young Leaders

A note to young leaders. The period between Christmas and Australia Day is a graveyard for deals. Why? Because investing is an act of faith. Strategy, feasibility and analysis get you to the precipice, but the decision to jump is emotional. If you let the feeling pass, odds are you won’t jump. Not least because […]

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Walking the Line: On Prudence, Audacity, and Balance

To the prudent, life is one long lesson in audacity. To the audacious, it’s a long lesson in prudence. We all have a natural tendency to lean one way or the other. Prudence and audacity are best practised together, in alternating steps. Life is a tight rope act, requiring continuous adjustment. As soon as you […]

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Never Cancel Lightly: The Hidden Value of Showing Up

Never cancel a business meeting. (Other than in the case of a genuine emergency.) If the meeting in question is unimportant, then going ahead with it will teach you not to be so cavalier with your time. That’s a valuable lesson, well worth the time squandered. If the meeting is important, then – regardless of […]

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Stay Hungry: Believe in Your Brand, But Never Settle

Drink your company’s Kool-Aid, but only three-quarters of the way through. Believe and act as though you’re number two – (even if you’re number one). In 1962, Avis Rental Cars trailed behind the market leader, Hertz. Rather than shrink away from that fact, they embraced it. They launched a now legendary advertising campaign that proudly […]

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Do Deals, Not Therapy: Action Beats Analysis in Business

Beware too much navel-gazing, especially when business is slow. Business is at its best when people are busy. In 1997, the late John Caldon – the brilliant, former Deputy MD of Macquarie – told me that an Executive Director in the Corporate Finance division had just returned from an MBA at Harvard and had commenced […]

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2024: The Year of Reckoning and Resolution

Does it feel like 2024 has been a “heavy year”? It’s because it’s carrying the complex psychological loads of Covid. Covid may have ended 1.5 years ago but its impacts are still reverberating throughout corporations and societies across the globe. Covid acted as a “giant pause button” on a lot of things. It suspended all […]

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