by Richard Kelly | Jul 2, 2019 | Catastrophist Comment
Banks Endorse Continued Regime of Promoting Mortgage Stress on Consumers It’s Too HardThe big four banks have attacked ASIC’s responsible lending proposals as impractical, anti-competitive and potentially damaging to the economy in a series of defensive submissions....
by Richard Kelly | Jun 10, 2019 | Industry Disruption, Thinking
How Did You Learn to Drive? My youngest son recently passed his driver knowledge test and was officially a “Learner Driver”. In NSW you have to get a 95% pass rate to attain your leaners permit, so it’s fair to say you need to have a comprehensive knowledge of...
by Richard Kelly | Mar 7, 2019 | Thinking
It’s a Matter of Trust! I attended a very thought-provoking session hosted by UTS Business School last night on “How Should Business Schools respond to the Royal Commission”. Warren Hogan, UTS Industry Professor, in his opening address referred to Banking being...
by Richard Kelly | Aug 1, 2018 | Industry Disruption
Founder Declares Business Model Dead After 19 years Dick Smith has announced the closure of his Eponymous food brand. Mr Smith is quoted as saying in AFR (27/7/18) “this is terrible on a personal level….I’ve failed, I’ve failed” as he held back tears. Why? His...
by Richard Kelly | Jun 25, 2018 | Industry Disruption
Are KPI’s Killing Collaboration? Since the advent of the modern industrial economy post WWII, KPI’s (Key Performance Indicators) have been used to measure and guide management performance and rewards. Organisations spend literally millions of dollars in...