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 […]
As 2017 draws to a close, we reflect on what constitutes Good Corporate Governance and challenge everyone, as a resolution for 2018, to ask the hard questions on whether their organisation is doing the right thing! Please enjoy our insights into how to save brand damage. I have also added a little bit of cheeky […]
Being innovative, JNW is pleased to send you a Merry Christmas Video. I am sure you will enjoy it… especially the end. Have a very merry Christmas and a happy and safe new year – Jeff Webb, Managing Director.
Financial Areas of Focus Local council expert Jeff Webb from JNW Strategic Consulting, who assisted the Essential Service Commission (ESC) with the development of the rate capping framework and is assisting Frankston City Council develop a Service Planning Costing Methodology, recommends all applications needs to be clear on purpose and be financially congruent to both […]