Category: News
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The West Australian Newspaper: TMA interviewed on the rise of the Chief Transformation Officer
06-15-17
Recently, TMA Board Directors spoke with the West Australian Newspaper on the rise of the Chief Transformation Officer in corporate Australia. The article details how these “change agents” can assist with turnaround in the broader corporate context of stakeholder and financial management. The article also references the TMA’s CTP course in conjunction with the University […]
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Safe harbour and Ipso facto clauses Law Reform: Bill introduced into Parliament
06-07-17
Ashurst share their article with us: What you need to know On 1 June 2017, the Government introduced the Treasury Laws Amendment (2017 Enterprise Incentives No. 2 Bill) 2017 (the Bill) into the Commonwealth Parliament. The Bill contains two major reforms to Australia’s insolvency laws: – a new safe harbour from civil liability for […]
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Role of the CRO becoming embedded in Australian business
09-06-12
by Michael Fingland of Vantage Performance Australian business has been dealing with post-GFC fallout for more than four years, with no sign of tough conditions easing. These market conditions will accelerate the already rapid growth of the most recent C-suite role in Australia: the Chief Restructuring Officer. Forward-thinking companies in Australia are already actively incorporating […]
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Common Mistakes of Bad Management
09-06-12
By Elizabeth Mawby of Vantage Performance It’s generally accepted that most business failures result from inadequate management. So what do business owners and managers do wrong? Around 65-90% of business failures are due to internal issues – often referred to as weak or bad management, according to Donald B Bibeault in his book Corporate Turnaround […]
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Effective Corporate Turnaround Strategies
09-06-12
by Michael Fingland of Vantage Performance With corporate insolvencies at an all-time high and set to get worse, it’s worth taking time to review best practice turnaround techniques to ensure your business is prepared for any collateral damage. This year the Australian business community will have to deal with an estimated 15,700 corporate insolvencies. This […]