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Boards and executive leadership teams are increasingly operating within tightly controlled information environments. Reports are curated, risks are reframed, and operational realities are often obscured. This dynamic, while efficient, can inadvertently distance decision-makers from the lived experiences of staff, service users, and communities. Here, we explore the need for a recalibration of governance practice – one that re-centres human insight, operational engagement, and ethical stewardship. In doing so, boards will be better equipped to make decisions that are not only strategically sound but socially responsible and operationally sustainable. The Governance Disconnect For many businesses, directors and board members receive information…
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Productivity, the ratio of output to input, has long been the quiet engine of prosperity – a key driver of economic growth, real wage increases and improved living standards. Yet, Australia’s productivity growth has slowed markedly in a world shaped by digital disruption, demographic shifts, and climate imperatives. Since then, the urgency has only grown. As Australia stands at crossroads, facing a once-in-a-generation economic transformation, the question is no longer whether reform is needed, but what shape it should take. Here, we explore the evolving nature of productivity and outline a path forward – one grounded in policy coherence, strategic…
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28 Sep 2025 Family businesses are often viewed through a lens of nostalgia and pride, i.e. symbols of resilience, continuity, and generational wisdom. Yet, beneath the surface of shared surnames and inherited boardroom seats lies a complex interplay of emotional ties, strategic decisions, and competing priorities. The truth is simple but profound: family businesses carry as many risks as they do rewards. And that is precisely why a family business constitution is a necessity. Understanding the Interplay: Family and Business Impacts One of the most effective exercises to conduct with families in business is to identify the positive and negative…