It was a pleasure to conduct an independent review of select financial controls for the Adelaide Football Club (AFC). With cost pressures being driven by inflation, it is now more important than ever, to ensure you have strong controls over procurement, goods receipting, inventory management and accounts payable. If you need help determining whether your […]
With recent high-profile compliance risk failures making headlines, businesses having to pay record fines, board chairs and CEOs being forced to resign, and reputations being damaged, resulting in reduced trust from customers and the community, Boards and Management are now very conscience on ensuring strong oversight controls over legislative requirements. JNW is seeing clients evolve […]
During COVID, I chose to become a mentor of the VCCI Business Recovery Resilience Mentoring Program. I wanted to assist struggling small businesses by offering strategic insights into how they could pivot and adjust to the significant risks and impediments place on them because of COVID lockdowns. I was also curious, having provided strategic and […]
Thanks para-athletes for displaying courage, trailblazing, perspective and leadership.
No doubt all Aussies are proud of Ash Barty’s and Dylan Alcott’s Wimbledon achievements. As a strategic consultant, I am always curious to understand how great players/CEO’s manage their mindset to control external distractions and the internal voice inside their head, at critical decision moments. For those willing to invest 50 minutes, attached is an […]
COVID is continuing to change business models and the way products and services are delivered. McKinsey has identified the following as the key transformers of tomorrow.
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1. Governance – oversight of culture and conduct Many senior business people have had their reputations trashed by the Hayne Royal Commission for not “doing the right thing”. Hayne provided many valuable insights and lessons for everyone responsible for the governance of organisations, including these simple business conduct rules: 1. Obey the law;2. Do not […]
1. Disruption through technology and new operating models Boards need to identify emerging operating models, technological trends and new start-up competitors. Companies like Uber have transformed long established industries. It’s time to strategically plan for disruption. 2. Economic slowdown (global instability/political uncertainty) 2019 is likely to bring significant financial insecurity. The RBA recently said “the […]
Whilst the obligations for board members has not changed, the spotlight is being shone on practices that may have slipped down in agenda priority – oversight of risk, culture, roles and responsibilities and remuneration structures. To ensure a balanced response, JNW recommends that the Executive Team conduct a Self-Assessment HealthCheck against the APRA findings. Ideally […]