AICD Directors Breakfast “Strategy and the Board”
The Australian Institute of Company Directors (AICD) held its 2011 Directors Breakfast on Friday 1 April at The Hyatt, Perth.
InSite Commercial Interiors Managing Director, Ron Bullen is a long standing member of the AICD and is a strong supporter of their seminar series’, as well as the valuable networking opportunities afforded at AICD events.
The 2011 Directors Breakfast discussed “Strategy and the Board” with a keynote address by Gene Tilbrook.
Below is an overview of the seminar taken from the AICD media release:
Effective corporate strategies and plans are fundamental to sustainable business success. Yet all too often they are considered “for other/bigger/more complex businesses” or are produced to a formula and shelved until the next year.
A sound strategy is fundamental to success and plays a key role in engagement between board and senior management which differs considerably from budgets and financial reports.
Gene Tilbrook discussed the fundamentals of effective strategic processes with a focus on the development role of the board and the measurement of performance against strategic goals.
Drawing examples from a range of industries and businesses of all sizes, Gene considers the following issues:
- Alternative methodologies for strategic planning
- Planning within the board reporting cycle
- Linking strategy to performance
- Sustainability through strategy
- Information (technology) within the strategic process
About Gene Tilbrook FAICD
Gene Tilbrook is a professional Company Director and occasional advisor on corporate strategy and finance, acquisitions and performance measurement.
Along with his main role as Chairman of Transpacific Industries, Gene is also a director of QR National, the recently listed freight railroad group; GPT Group, a property trust group; Fletcher Building, New Zealand-based and ASX-listed, construction and materials company, and NBN Co, the Australian Government owned company formed to roll out the national broadband network.
Gene also sits on the board of Perth International Arts Festival, Bell Shakespeare Co and the Committee for Perth; and is a councillor of Curtin University and the WA Division of Company Directors.
For more information on the 2011 AICD Directors Breakfast, or other AICD events visit www.companydirectors.com.au