Category: News
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Boom times tipped for nation’s corporate undertakers, The Australian Financial Review
01-22-20
Patrick Durkin, 9 September 2019 https://www.afr.com/policy/economy/boom-times-tipped-for-corporate-undertakers-20190906-p52on0 “We’ve had 30 years of prosperity and there a lot of people whose maxim is asset prices only go up and interest rates only go down and they don’t have the ability to adapt to today’s changed circumstances,” said Marcus Derwin, a turnaround consultant who has worked at KPMG, […]
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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 […]