Vale Dick Smith Foods

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...

Shock & Orr

    The New Wonder Women “Shock & Orr” It’s always a special time when a new super hero is born.  After two week of intense testimony and questioning Australia has found a new Super Hero. This has come in the form of the mild mannered “senior...

Is This a Joke?

  Episode 3: Is this a Joke? 80% of Bank Profits Go Back to Ordinary Australians? It is fair to say that up to 80% of bank profits go back to the big four banks shareholders. It does not take too much deduction to work out that this is not the same as 80% of profits...

Daddy’s Very Sad

  Episode 2:Daddy’s Very Sad! I thought when I started with my Batman motif on misconduct and corruption in the financial services industry I would have to leverage a lot of poetic licence!  But as I read Patrick Durkin’ article in the AFR (26th Feb18) they are...

Growth, Profitability, Greed & Deception

Episode 1: Yes Commissioner? “Banks Asked to Redo Their Homework!” I sat glued to my screen as the “letter patents” from Her Majesty Queen Elizabeth II, Queen of Australia, were read to Commission Kenneth Hayne QC on the first day of the Royal Commission...

New Mental Models for New Business Models

It is trite to say that the acceleration of technology disrupters have rendered many business models redundant.  It doesn’t take much reflection to draw up a list of industries that have had their traditional business models significantly disrupted and rendered...