Prepared by Allan Ryan, this is part of a series of Director Tools prepared by the Australian Institute of Company Directors. The tools have been designed to provide our members with general information and as a starting point for undertaking a board-related activity. These tools are not designed to replace legal advice or a detailed review of the subject matter nor are they intended to cover all circumstances where such a tool might be considered appropriate.
“At the same time as Steve Jobs was leading Apple Corp. from near bankruptcy to become the biggest company in the world; Kodak after 100 years of operation with the highest quality products, lowest costs, strong culture and discoveries that later changed the world went into bankruptcy. Today, in a world of increasing competition and accelerating rates of change, leaders are faced with the dilemma of how to balance both ‘doing things right’ and ‘doing the right things’. I suggest that it is time to 'work different'`` Allan Ryan, Executive Director