Aristotle is credited with first observing that in certain situations “the whole is greater than the sum of its parts.” This used and abused phrase rings true, particularly when making investment decisions, where we often seek to leverage value to get the best possible outcome. This is reflected in a portfolio-based approach to investing where we offset risks and seek to gain scale through diverse yet targeted decisions.
Read MoreFar Lane and Pracsys staff have provided ongoing pro-bono support to Pollinators (www.pollinators.org.au) as the organisation has shifted from an early stage social innovation to a long-term contributor to Geraldton’s growth and prosperity. This has included Board and Executive-level facilitation, stakeholder consultation, research and benchmarking, scenario modelling and financial analysis, with the final plan currently being considered by the Board.
Read MoreA black swan, as defined by Nicolas Taleb, is “an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.” These events, like their namesake, which changed the first European settlers’ belief that all swans are white, rapidly change perceptions as to what is possible.
Read MoreNarasimhalu (2005) proposed the Innovation Cube model as a way of conceptualising how innovation comes about. This model proposes that there are three pairs of attributes (dimensions) that define successful innovation.
Read More"Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has."
Margaret Mead nailed it. End of blog
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By many measures the Print Hall restaurant within the Perth CBD is at the top of it game. It currently ranks in the AFR’s best 100 restaurants in Australia, has been named the best restaurant in Western Australia by the WA Good Food Guide, and has won Wine Spectator’s Grand Award for 2015. Despite these accolades, the restaurant has recently announced that it will close its doors, to relaunch later in the year to service a distinctly different market.
Read MoreWe in the consulting industry are very cautious as to the predictions that we make, despite often being asked to forecast future scenarios and outcomes. A recent interview between the Freakonomics gents and academic Phil Tetlock included a quote that got me thinking, “That is indeed the $64,000 question: Why very smart people have been content to have so little accountability for accuracy in forecasting.”
Read More“The Australia of the future has to be a nation that is agile, that is innovative, that is creative. We can’t be defensive; we can’t future-proof ourselves."
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