What Do You Stand For?

The Royal Banking Commission has put the spotlight on what happens when we focus on short term value. It's likely that the impact will be felt by other industries as regulators create more governance and compliance layers to prevent corporate misconduct.

So what happens now? Do we continue to focus on short term results but with more governance and hope the same thing doesn't happen again? 

And what impact will more governance have on leading change, innovation and agility?  It's clear that a pure focus on short term results and shareholder value has backfired. So what is the alternative and what does that business model look like? 

Some of the best performing organisations have moved beyond shareholder value to focus on delivering stakeholder value with the employee as the primary stakeholder. The leaders on our panel at our "DISRUPT BAU -Is Business Only About Profit? event series"  in November will be sharing their perspective on how we can create sustainable growth through stakeholder value. The facilitated table discussions will give you a chance discuss the challenges and their relevance to you. 

So if there are companies that are profitable by creating stakeholder value, why are others not doing the same? Is it not the right thing to do? For me it comes down to leadership.

Great leaders focus on people first, then profit.   

The big question is what do you stand for and what drives you? And most importantly, what does doing the right thing look like for you?  

I hope you can join us to create a new paradigm in business. 

Your voice matters.

Lets DISRUPT BAU!