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CPA Congress Melbourne 2015 - Day Three Wrap Up

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CPA Congress Melbourne 2015 - Day Three Wrap Up

  1. 1. MELBOURNE – DAY THREE WRAP UP Wednesday 14th October, 2015
  2. 2. Andrew Miller (UK) Former Chief Executive, Guardian Media Group (GMG) Rise of the Guardian – shifting to digital, open, interconnected and global Key Points to remember: Andrew Miller recently stepped down as Chief Executive of the Guardian Media Group, having achieved their strategy to streamline non-core businesses, secured its financial future and set the company on the path to digital success. Throughout his tenure, Andrew made the tough decisions from a financial management point of view by driving down operational costs, reinvesting savings, and maximising revenue streams. Hear how Andrew transformed the company with a game changing asset sale and managing world news stories such as the Snowden affair and phone-hacking scandal that have elevated the Guardian through having the right people, technology and process in place. Description: With declining circulation numbers in the early 2000s, The Guardian shifted their focus from being a UK newspaper to a global digital brand Advice: • embrace digital first - don't fight it • be open rather than having paywalls • cut costs • make tech scalable and global • invest in technology • embrace social media and be data driven • change your leadership team generationally The future: • rise of the advocate journalists • rise of social media - which now adds to the story through direct conversation • the opportunities are global • video is where it's at • the internet of things - mobile, social and generational shift • Facebook, Google and Linked, Snapchat, Instagram, Pinterest and Amazon are the future
  3. 3. Dr Robert Kay Co-Founder and Executive Directorm Incept Labs Paradoxes of governance Dr Robert Kay is a Co-Founder and Executive Director of Incept Labs. He is also an Adjunct Professor at Macquarie University. His career has continuously moved between industry and academia. He was formerly the Head of Strategic Innovation at Westpac Banking Corporation, a Senior Lecturer in Information Systems and Organisational Development at the University of Techology, Sydney, and a Research Analyst at Bovis Lend Lease. Over the last couple of years Robert has been commissioned to undertake multiple studies of senior leaders. In today’s session Dr Robert Kay will speak about the paradoxes of governance. Description: Key Points to remember: • Uncertainty is at the heart of governance • The cycles of governance: reorganisation, conservation - release - exploitation • Trust is a fundamental part of governance. It is created by patterns of prediction, is very fragile and can be easily lost • Governance is not about finding the right thing to do - it's about stopping the wrong
  4. 4. Robyn Jacobson FCPA Senior Tax Trainer, TaxBanter Pty Ltd Essential tax update The release of the Taxation White Paper in 2016 heralds another step in the path to tax reform, and evidences the Government’s commitment to setting out its tax policies prior to the next Federal election as part of seeking a mandate for implementing these policies in its second term of office. In this crucial session, Robyn will guide you through the significant tax issues and developments of the last six months, including: • the status of key 2015–16 Federal Budget measures • key matters for consideration as part of the Taxation White Paper tax-reform process • significant new tax laws • recent case law and ATO rulings • ATO initiatives and compliance focus areas Description: Key Points to remember: • Tax white paper - despite commentary in the media, everything is back on the table for the government to discuss • There is expected to be a green paper before the end of the calendar year and a white paper sometime in 2016 • There are proposed new laws for work-related car expenses, such as a single rate of 66 cents/km, rather than based on engine size • Base erosion and profit shifting – there is a good video explanation: look up this phrase online ‘Video: Double Irish with a Dutch Sandwich’ • CPA Australia has a 10 point plan of preferred reform on the tax system via the Re:think discussion paper on our website
  5. 5. John Carlin (Spain – Author and journalist, Rafa – My story, Chase Your Shadow: The trials of Oscar Pistorius), Quentin Hull (Sports broadcaster, ABC Grandstand) Extended Session: DRIVEN Description: Key Points to remember: What makes a champion? What does it take to be the best in the world at your sport? John Carlin knows three of the biggest names in global sport – Rafael Nadal, Oscar Pistorius and Lionel Messi. He has spent time with them, spoken to those closest to them, and written best- selling biographies on two of them. He will be interviewed by an ABC Journalist on what drives these people. Description:
  6. 6. Professor Paddy Miller (Spain) Professor Management, IESE Business School, Barcelona. Co-author of Innovation as Usual, published by Harvard Review Press Extended Session: The innovation architect Description: Key Points to remember: Most organisations approach innovation as if it were a sideline activity. Innovation expert Professor Paddy Miller recommends that leaders at all levels become "Innovation Architects," creating an ecosystem in which people engage in key innovation behaviours as part of their daily work. For Paddy, this is how you turn team members into innovators. This highly entertaining and amusing take on the world of innovation should not missed. Description:
  7. 7. Kevin Ackhurst Managing Director, Google for Work, Google Asia Pacific Creating a culture of collaboration in the digital age As businesses compete for customers, disparate groups have to find a way to work together in a more collaborative manner, which isn’t always easy or natural. The big picture question must be asked: How can technology be an enabler across the organisation?. Collaboration stands as a differentiating factor for the competitiveness of the future enterprise Description: Key Points to remember: • Digital first businesses think differently - they look at data, collaboration and insight • Digital businesses are more likely to experience an increase in employment, be profitable and outgrow competitors • You need to trust and empower workers to make the right decisions for your organisation Steps for success: • Make collaboration a strategic business focus • Invest in the right technology and tools • Change the culture with the right incentives • Tailor implementation • Ensure effective collaboration
  8. 8. Dean Newlan CPA Consultant, McGrathNicol Consultant, McGrathNicol When instances of fraud and corruption come to light, most victims conclude, with the benefit of hindsight, that a flawed or non-existent internal control system is to blame. However, fraud and corruption are essentially a “people problem” and the logical solution, therefore, is for the organisation to get to know its people better and to better control the people risks. Using a case study approach, this session will look what motivates people to commit financial crime, how perpetrators justify their conduct and what, if anything, would have stopped them in their tracks. It will explore warning signs of corrupt behaviour and provide guidance on how to protect businesses against internally-instigated criminal behaviour. Description: Key Points to remember: It's valuable to consider the psychology: why does someone go to work to steal from their employer? For theory, Cressy's fraud triangle says there are three areas to look at: non-shareable problem (motivation), vocabularies of adjustment (rationalisation) and perceived opportunity. There are often many reasons that cause an employee to commit fraud, including social status, revenge for blocked opportunities at work and family pressures. Perpetrator themes include: a trusted employee with access to payment systems, a problem solver, middle level management, apparently strong work ethic and dedicated to their job, helpful - especially when suspicions arise, typically act alone. Public court case record available as an example of fraud: Clive Peters
  9. 9. John Carlin (Spain – Author and journalist) and Professor Paddy Miller (Spain – Professor of Management, IESE Business School, Barcelona) Business lunch 3: Mandela – leadership genius This presentation is based on John Carlin’s book Playing the Enemy – Nelson Mandela and the game that changed a nation, which was made into the box office hit movie "Invictus" about the 1995 Rugby World Cup and how Nelson Mandela used that event to unite a country. Carlin and Miller retrace the decision of Nelson Mandela to join forces with the South African national rugby team to heal the wounds of the past and usher in a new democratic era that brought together a nation on the brink of racial civil war. They also demonstrate how Mandela’s strategic vision, people skills, powers of persuasion and talent for negotiation offer light and inspiration to all leaders in all walks of life. This highly visual and entertaining leadership presentation uses rare archival footage, unique photographs and interviews in a most powerful and entertaining way. Description: Key Points to remember: Nelson Mandela’s legacy lies in the lessons about leadership he left for all of us. His Leadership lessons include : • Deal with your enemies: – sometimes these are people and factions in your own camp. • Use the power of symbols: - He transformed symbols of division into instruments of reconciliation and nation building. • To change hearts, win hearts:- this is the most effective and lasting way to overcome deep seated prejudices and entrenched positions. • Form Alliances:- sometimes you may have to do this with your enemies or rivals, winning them over to your cause by zeroing in on shared self- interests. • Negotiate and be inclusive:- Mandela realized that the best way to achieve his strategic vision was not through imposing his will on others, but by persuasion, negotiation and inclusivity. That is ultimately what wins hearts and minds.
  10. 10. Dr Eva Tsahuridu Policy Adviser Professional Standards and Governance, CPA Australia Creating an ethical culture: Why and how Description: Key Points to remember: Devlin Bell Chief Financial Officer, Finance and Technology Group, Fuji Xerox Australia Transformation and alignment of the finance function A growing emphasis is placed on transforming the finance function to act as a driver in creating value, managing performance and alignment with the overall business strategy. Devlin Bell will discuss the original drivers of transformation, transformation activities, and the ongoing challenge of maintaining the transformation in line with changing organisational priorities Description:
  11. 11. Critical communications to boards or senior executives are key to influencing policy. This seminar will show you how to prepare to ensure key messages obtain traction and core information is retained. Description: Key Points to remember: Ben Richards Principle, Atticus Critical communications: preparing, presenting and persuading 1. Content supports key messages 2. A lot of presentations are prepared as though the audience doesn't exist 3. Record yourself presenting and watch it back as though you are not "for" the content
  12. 12. Elizabeth Moore Director of Research, Insights and Analytics Telstra Using data analytics to drive operational excellence Description: Key Points to remember: How do you take your data to the next level? How do you make sense of the data and identify which data sets are important, nice to have, irrelevant or confusing? How can you add value by deriving valuable insight to drive business performance and customer experience? Description:
  13. 13. Len Jui and Jessie Wong CPA Len Jui is Partner and Head of Public Policy and Regulation, KPMG China and Jessie Wong CPA is Director in Public Policy and Regulatory Affairs, Quality Control and Risk Management, KPMG China Corporate governance in Asia Listen to an overview of the state of corporate governance in enterprises in Asia and recent relevant market and regulatory developments. This session will put the spot light on corporate governance themes such as boards’ and audit committees’ accountability, composition and responsibilities, and interactions with the external auditor, shareholders and investors. Presenters will share insights from recent studies and surveys. Description: Key Points to remember: Jessie Wong: • The Singapore government has used corporate governance to brand themselves globally • There has to be a market event in Asia to trigger a corporate governance change in Asian countries • Japan enforces 100 per cent of its corporate governance requirements Len Jui: • Different cultures, operating environments, ownership structures, points of view, regulatory regimes, business practice, results - all effect corporate governance • Myanmar, Brunei and Laos do not have corporate governance codes
  14. 14. Nolan Bushnell (USA) Founder Atari and Chuck E. Cheese; author of Finding the Next Steve Jobs Stay on the cutting edge with intrapreneurship and innovation management Social impact is often defined as the net effect of an activity on a community, individual or family. At Camp Quality they believe that social impact is also about providing tools for their staff that are positive, meaningful, sustainable and measurable in order to build their overall optimism, resilience and well- being. This session will explore how Camp Quality expanded the way their people think in order to create positive change for the individual, for their family and for the communities they live in. Description: Key Points to remember: • The self-driving car will become more important than world peace - because more people are getting killed in car crashes than in wars • How can you take advantage of the golden age and become an entrepreneur? Give things away for free because the internet expects things for free • You want to hire people who think outside the box and have a passion for what they do • Do different things: habits and repetition can lead to depression • Throw the dice and be willing to fail because you will learn a lot and be able to experiment • Say yes to crazy ideas more often - you never know who the next Steve Jobs is!

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