In my first two articles, we talked about: preparing your business to benefit from a Royal Commission in your industry; and appearing at a Royal Commission. Today, we will talk about what happens after a Royal Commission hearing. The first thing you will probably do is take...
Last time, we talked about preparing in case you are called on by a Royal Commission. Today, we will discuss the hearing. This is it – the main event. Actually, as you will read later in this series of articles, it’s not the main event, even though it...
It seems trite, but once a Royal Commission is announced, you should ask Could this Royal Commission affect me and my business? Although colloquially called the Banking Royal Commission, we saw it include a range of financial services providers. Lesson: Prepare – Don’t Assume a Royal Commission Won’t...
Child sexual abuse, banking, aged care and possibly electricity. Time will tell if 2018 becomes known as the year of the Royal Commissions. This series of articles looks at what we can learn from Royal Commissions and how to prepare your business for one. I focus...
Bureaucracy isn’t reserved for government. We all know how hard phone companies, electricity companies and banks can be to deal with. What should be a simple transaction becomes complex. Sometimes, so complicated that we stash it in our too-hard basket. The problem doesn’t go away. It just seems...
While driving to a meeting, I heard a topical news story about a farmer. In the interview, he said that he had tried to buy hay from Victoria, but was frustrated by “red tape”. It seemed that drought relief applied for hay bought in NSW. But there is...
Recently, a client sat me down at a large table in their largest meeting room. The client was struggling with a number of regulators, taking severe action. They offered me a cup of tea, which I gratefully accepted. I am a sucker for a nice cup of...