transformation in our timepeter holmes à courtcommittee for economic development of australia presentation with q & a 17.11.09

webcast: slideshare.net/peterhac

“It is the foremost task – and responsibility – of our generation to re-imagine our enterprises and institutions, public and private.”

source: tom peters 2003, 2009

“It is the foremost task – and responsibility – of our generation to re-imagine these:

a 98 year old football clubnation’s best transport companyremote indigenous communities

“It is the foremost task – and responsibility – of our generation to re-imagine these:being pissed-off

balancing both/andunderstanding that “we have to”

“It is the foremost task – and responsibility – of our generation to re-imagine these: enterprises and institutions, public and private.”

a 98 year old football clubnation’s best transport companyremote indigenous communities

the Rabbitohs play rugby league, and have won a record 20 first-grade premierships since their foundation in 1908

photograph of the 1908 premiership winning team

unfortunately, they are all in black and white.

in 1999, after nearly 3 decades of underperformance, the National Rugby League excluded the Rabbitohs from the competition. They did not play in the 2000 or 2001 seasons.

in July 2001, a federal court decision found that the Rabbitohs were wrongfully excluded, and the club was reinstated in 2002.

in two marches through the streets of Sydney 100,000 people protested the decision

however, in 2006 some were comfortable just ‘being back’, the team was running last and was financially fragile and club’s voting members were asked to approve a proposal to sell control of the club to Russell Crowe and me:

however, in 2006 some were comfortable just ‘being back’, the team was running last and was financially fragile

“innovation comes from pissed-off people.”

source: tom peters 2003, 2009

date of EGM:location:number of speeches:number of eligible voters:votes required:

march 19 2006Sydney Olympic Stadium42 over 5 hours39422957 – 75.0% required

however, in 2006 some were comfortable just ‘being back’, the team was running last and was financially fragile and the club’s voting members were asked to approve a proposal to sell control of the club to Russell Crowe and me:

date of EGM:location:number of speeches:number of eligible voters:votes required:votes received:

march 19 2006Sydney Olympic Stadium42 over 5 hours39422957 – 75.0% required2988 – 75.8% or by 31 votes

however, in 2006 some were comfortable just ‘being back’, the team was running last and was financially fragile and the club’s voting members were asked to approve a proposal to sell control of the club to Russell Crowe and me:

re-imagine everything (2006-09)a winning culturestrong membershipquality sponsorscommunity engagedfirst class players, well paid, well treatedchallenging for #1 every year

a winning culturestrong membershipquality sponsorscommunity engagedfirst class players, well paid, well treatedchallenging for #1 every year

re-imagine everything (2006-09)

“there is no better motivator than you have to”

In 2007, the Rabbitohs qualified for the semi-finals for the first time in 18 years

In 2007, the Rabbitohs qualified for the semi finals for the first time in 18 years

Membership has risen from 8,000 to 15,000

In 2007, the Rabbitohs qualified for the semi finals for the first time in 18 years

Membership has risen from 8,000 to 15,000

In 2009, the Rabbitohs, for the first time, made a small profit.

in 2010 the Rabbitohs will have:

©11/09 www.isfm.com.au

premiership-winning coach plus quality assistant coachessquad of first grade players on the right moneythe same 3 major sponsors as last yearthe same office stafffirst class training facilities10,000 season ticket holders

in 2010 the Rabbitohs will have:premiership-winning coach plus quality assistant coachessquad of first grade players on the right moneythe same 3 major sponsors as last yearthe same office stafffirst class training facilities10,000 season ticket holderslots of queenslanders

©11/09 www.isfm.com.au

“It is the foremost task – and responsibility – of our generation to re-imagine these: enterprises and institutions, public and private.”

a 98 year old football clubnation’s best transport companyremote indigenous communities

{disclaimer: one director’s view as OK’d by the company}

former monopoly rail operatorentrenched in queenslandregulated returns utilising state’s capitalwhite and blue-collar workforcetraditional approach to safety

{disclaimer: one director’s view as OK’d by the company}

former monopoly rail operatorentrenched in queenslandregulated returns utilising state’s capitalwhite and blue-collar workforcetraditional approach to safety

re-imagine

“if there’s one legacy I will leave this business, it will be a dramatic improvement in safety performance”

source: lance hockeridge, QR CEO 2008

{disclaimer: one director’s view as OK’d by the company}

QR’s transformation at high speed for last 18 monthssafety program into dnanational reach achievedtier-one rail company by international standardsan operating philosophy around meeting customer demandssale announced.

there is no better motivator than “you have to”

source: peter hàc

kept together high local ownershipemployee focus

{disclaimer: one director’s view as OK’d by the company}

Safety as central metaphor for a well established transformation program

internationally privatization done well and done poorlyknow what has worked:

{disclaimer: one director’s view as OK’d by the company}

commercial transformation well entrenchedinternational benchmarks are knownQLD’ers must demand a world-class outcome

{disclaimer: one director’s view as OK’d by the company}

commercial transformation well entrenchedinternational benchmarks are knownQLD’ers must demand a world-class outcome

(remember tom peters: pissed-off people get results)

“It is the foremost task – and responsibility – of our generation to re-imagine these: enterprises and institutions, public and private.”

a 98 year old football clubnation’s best transport companyremote indigenous communities

“leadership by wandering around”

source: many consultants claim it

“leadership by drivingaround and camping”

source: peter, robert and george

“our social problems are not endemic, they have not always been with us”

source: noel pearson, 2007

“indigenous workers were amongst the most highly-regarded AAco employees and represented more than 10% of the company’s workforce.”

source: peter hàc, when CEO of AAco, 2001

“dream big dreams”

source: barack obama, 2009

“if there were any viable ideas {for indigenous businesses in the cape} they would be evident already”

source: QLD minister 23.10.09

wild rivers legislation unquestionably makes it harder to build viable businesses in the cape.

what do Australians want?

do indigenous and non-indigenous

different things?

what do Australians want?

their own homeschools for their kidsemployment opportunitiesenabling governmenthealth care systemretire with security

what do Australians want:

their own homeschools for their kidsemployment opportunitiesenabling governmenthealth care systemretire with security

don’t want unbridled developmentor to stuff up the environment

and limited red-tape

ability to buy safe and engaging that lead somewhere

and go fishing.(that isn’t like America’s)

what do Australians want:

This person is an Australian

this person is an Australian.

this person is an Australian.so is this person.

so are these guys.

“this highest priority in the cape should be river protection [through wild rivers legislation]”

source: wilderness campaigners

“the highest priority in the cape should be poverty reduction through the creation of meaningful employment”

source: peter opio otim, CEO lockhardt river, 16.11.09

there is no better motivator than “you have to”

source: peter hàc

“if there were any viable ideas {for indigenous businesses in the cape} they would be evident already”

re-imagine:

source: qld minister 27.10.2009

“…there may be viable ideas {for indigenous businesses in the cape} if we give them a chance to develop them”

re-imagine:

there may be viable

business ideas

for people in the cape

if we give them a go.

hand up, not hand outsjobs for the boys (and girls)no excuses

give them a go.

re-imagine:

“It is the foremost task – and responsibility – of our generation to re-imagine these: enterprises and institutions, public and private.”

a 98 year old football clubnation’s best transport companyremote indigenous communities

both/and both tough and kindboth community focused and business-likeboth elite and inclusiveboth heritage and freshboth well planned and highly unpredictable

© 11/09 www.isfm.com.au

a 98 year old football club

both/and both rail giant and people businessboth faster and saferboth uniquely qld and nationalboth more efficient and better service

nation’s best transport company

© 11/09 www.isfm.com.au

both/and both pro development and river protectionboth own culture and participating in Australiaboth remote and connectedboth indigenous and non indigenousboth well serviced and service providing

remote indigenous communities

© 11/09 www.isfm.com.au

“a full consultation process in cape york with the consent of traditional owners … and undertake the work necessary to enable a world heritage nomination …”

source: conservation queensland election position 2008

re-imagine.re-structure.do.(‘cause we have to)

© 11/09 www.isfm.com.au

re-imagine.re-structure.do.(‘cause we have to)

the end. I look forward to your questions.

peter holmes à courtpeter is the executive chairman of ISFM, a specialist sports industry consultancy, a director of Viocorp International, Australia’s leading internet video technology company, a director of Queensland Rail and the Barangaroo Delivery Authority, and since 2006 he has been the co-owner with Russell Crowe of the South Sydney Rabbitohs. peter was executive chairman of the club from mid-2006 to mid-2008.

previously peter was CEO of the Australian Agricultural Company, today the country’s largest cattle company. peter took the 185 year old company public in 2001. prior to that peter founded and ran Back Row Productions, an international producer of theatrical productions, touring shows such as Australia’s highest grossing live theatrical show Tap Dogs, UK comic Eddie Izzard and Jerry Seinfeld, amongst a total of over 20 different productions in 300 cities and 20 countries.

peter was born in Perth, lived 14 years in the US and UK, and moved with his wife Divonne and their two sets of twins to live in Sydney in 2000.

peter rides a bike and does the odd triathlon, both of which he does slowly.

“Innovation comes from pissed-off people.” source: tom peterssome rabbitohs accepting mediocritysafety performance at QRinjustice of poverty in our country