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Content Type:
CDM Article
01 Dec 2006
Michelle Alice Thoo, manager of the Singapore Tourism Board, outlines the new incentives available to attract more business meetings, conferences and events to Singapore.
Singapore, a meeting place for business
The Singapore Tourism Board (STB) recently unveiled a strategic three point plan de...
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Content Type:
CDM Article
01 Nov 2006
John Massey is as comfortable in the nursery caring for newborn babies as he is in the boardroom building multimillion dollar enterprises – but are these worlds as different as they seem? Nichola Clark reports.
The nurture of business
John Massey likes to describe himself as ‘a formalised e...
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Content Type:
CDM Article
01 Nov 2006
Delegates attending the Company Directors Conference in Shanghai in May 2007 will get direct access to a range of professional advisers experienced in the Chinese market through the Business Connections program. Michael Wadley outlines why delegates should take full advantage of this service.
G...
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Content Type:
CDM Article
01 Nov 2006
Many government enterprises are now operating in competitive business environments. As Kevin Forde discovered, in order to survive they have had to change their public service mentality, retrain their staff, and get closer to their customers.
Breaking down bureaucracy
If you read the annual re...
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Content Type:
CDM Article
01 Oct 2006
News & Views
Hidden gaps in D&O insurance cover
Company directors are frequently unaware that their directors and officers policies often contain obvious and hidden gaps in cover. At the Directors and Officers Liability and Insurance Symposium in Sydney last month, the gaps were highlighted...
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Content Type:
CDM Article
01 Oct 2006
Robert Elstone, Elizabeth Johnstone and Charles Macek argue that directors need to be courageous in encouraging management to adopt a long term strategic focus – and not focus entirely on short-term financial performance.
Some challenges for directors in short termism
In previous articles we c...
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Content Type:
CDM Article
01 Sep 2006
Directors need to ensure that money spent on marketing is a research-based investment giving high returns – not a money-losing exercise in creative wishful thinking. Kevin Forde gives some suggestions on how to improve your marketing outcomes.
Magic and metrics
Marke...
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Content Type:
CDM Article
01 Sep 2006
Phil Ruthven argues that the most profitable organisations in the future will not invest significantly in building and equipment. Instead they will be virtual corporations that outsource their non-core activities.
Rise of the virtual corporation
There are many definitions of a virtual corpora...
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Content Type:
CDM Article
01 Aug 2006
Phil Ruthven believes that intellectual property (IP) is the holy grail of a modern business and is one of an organisation’s most valuable assets in this competitive new century.
Investing in intellectual property pays handsome dividends
In our increasingly borderless world, having an ed...
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Content Type:
CDM Article
01 Aug 2006
Boards share equal and collective responsibility
Jeff Lucy, the chairman of ASIC, is someone who commands a good deal of respect at AICD. However, we disagree profoundly with him with regard to his views on the Greaves case, expressed in a letter to the Australian Financial Review on 30 May. (A ful...
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Content Type:
CDM Article
01 Aug 2006
The not-for-profit sector in Australia is both more diverse and much bigger in its economic significance than most people realise. It also involves numerous complex issues for directors. Domini Stuart reports.
No profits but big returns
The economic contribution of the not-for-profit (NFP)...
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Content Type:
CDM Article
01 Aug 2006
St James Ethics Centre is currently undertaking a review of the performance of its board. One of the aims is to get an outsider’s opinion on both past board performance and the risks facing the organisation in the future. Kevin Forde outlines how this will happen.
Evaluating a not-for-profi...
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Content Type:
CDM Article
01 Jul 2006
Mark Jones and Richard Leblanc believe that with Australian companies shifting corporate governance focus from conformance to performance, human chemistry is a key driver influencing the effectiveness of boards.
Human chemistry and independent assessment drive board performance
Boards need hig...
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Content Type:
CDM Article
01 Jul 2006
There comes a time in the growth cycle of many companies when setting up a formal board of directors can have many advantages. Ann-Maree Moodie outlines how and when to do it.
When does a small company need a board?
As a company emerges from its start-up phase and grows...
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Content Type:
CDM Article
01 Jun 2006
Phil Ruthven believes that it is comforting to be master of one’s own destiny and directors can help their company get more peace of mind through positioning.
Positioning for success
Domination of markets is frowned upon by the Australian Consumer and Competition Commission. However, history s...
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Content Type:
CDM Article
01 Jun 2006
Lynn Ralph and Alan Cameron of Cameron Ralph Pty Ltd outline some of the strengths and weaknesses of boards formed by selecting representatives from an organisation’s constituencies.
The challenges of a representational board
One aspect of the recent Oil for Food events, which led to the Cole ...
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Content Type:
CDM Article
01 Jun 2006
Not happy John
John Quinn, chairman of gold miner Perseverance Corporation Limited is clearly not impressed with the application of AIFRS. Commenting on the company’s reported loss of $31.875 million for the six months to 31 December 2006, he had this to say:
“It is not my usual practice to ...
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Content Type:
CDM Article
01 Jun 2006
Directors cannot afford to be ignorant of development in IT – but they should concentrate on the business case for implementing new technology and not be overwhelmed by confusing jargon. Domini Stuart reports.
Coming to grips with IT
As recently as the seventies, IT was nothing more than an ex...
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Content Type:
CDM Article
01 May 2006
Ralph Kerle recommends that businesses adopt a more artistic way of thinking in order to extract full value from their most valuable asset – their staff.
Creative solutions to business problems
Most businesses, governments and statisticians use words such as productivity, efficiency, and effec...
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Content Type:
Media Release
21 Apr 2006
A new publication initiated by Australia’s leading chairmen and women has given rare insight into how they govern some of Australia’s largest companies.
The work, Chairman of the Board – A Role in the Spotlight, was released today by The Australian Institute of Company Directors, the peak gove...