ILFSN August 2020 Bulletin No images? Click here In This Bulletin1. Geoff Vogt's summary 2. Scholars questionnaire 3. Promote your product or service to other Scholars 4. Quiz Competition, New question & winners for July announced 5. Coming Events - 6. Defence Force front line experiences for Scholars 7. Darren Turner - How the Industry Leaders Fund helped me manage our business successfully through the pandemic. 8. Scholars in the News 1. Geoff Vogt's summary Like free wine? Answer our quiz for your chance to win. We are hoping to restore ILF face to face activities soon, subject to COVID-19 restrictions. See coming events below. How about some retail therapy. This month you can get the energy to find a treasure with Gelista icecream, get the equipment to find treasure with Minelab, get a beautiful
beverage to celebrate your treasure find from Wirra Wirra and get some IT advice from Blue Crystal to ensure the investments you acquire with your treasure are properly managed. Looking to buy a CBD property or for a finance guru to add to your team? You will read about the ILF awards night and have an opportunity to experience a soldier's life (the exciting bits). Darren Turner tells how MiniJumbuk adapted over the last six months and there are links to stories of amazing Scholar achievements. Also we have advance notice of a questionnaire which will provide us all with feedback about the ways we are coping with COVID-19.
2. Scholar Questionnaire The ILF believes you, its Scholars, are amongst the top business leaders in SA. Your responses to the current crisis have been amazingly good. In order to learn from all of you and we are inviting you to respond to a short 8 minute survey. If we can collate the views of the elite business leaders who are ILF scholars then we can send to each responder a valuable, thought provoking picture of these actions. The Questionnaire has been drafted by Darren Turner (ILF2015) and David Evans (ILF2018) with input from Geoff Vogt and Mark Canny. We have kept it deliberately short. It will hit your inbox by early next week. Please participate; the value to everyone depends upon the number of responses we get.
3. Promote your product or service to other Scholars In the interests of supporting fellow South Australian businesses, it has been decided that Scholars will be permitted to promote their products to fellow Scholars in the Bulletin from the July edition. New entries will need to be lodged by 5 pm Wednesday 26 August and must be no more than 50 words. The entry can be repeated upon request for one further month without modification. After that a fresh edited or new entry will be required. Links to your website can be included. Special offers for Scholars only are encouraged. Please email Suzi@industryleaders.com.au
Iconic McLaren Vale winery, Wirra Wirra is offering scholars a 20% discount off the price of its famous wines throughout the month of August. Simply head to their online shop at https://wirrawirra.com and use the promotional code ILFSN20 at the checkout. Offer goes live from August 1 to Peter Cox (ILF2013) Gelista is a local SA Family Owned and Operated business who is looking to delight our ILF Members with a very special Family Pack! This 12-unit multi pack includes four x 150ml jars of the following three flavours; Click the link below to purchase this delightful pack https://gelistagelati.square.site/ Pick up at the Gelista Factory Outlet (22 Forster Street, Ridleyton 5008) between 9am – 5pm weekdays Get your free Blue Crystal Solutions PrimeSize sample report, your first step to understanding how your current IT resources are being utilised and where savings can be made. The report will show performance data for your entire environment and provide a summary report showing resource usage.
Vito Rinaldi (ILF2019)
Jason Nagy (ILF2019) Selling CBD Office building Jason Nagy, Managing Director of Logic Plus, has advised his IT business has outgrown their current premises and they need to move. Growth of this nature makes the day for the ILF board and management; it is what we are all about. It could make the day for another ILF Scholar as the building, which has been effectively owner occupied, is being placed on the market. Jason’s contact details are included at the foot of this notice. If you are interested please contact Jason direct.
Matthew Stein (ILF2018) Finance Person with Strong Commercial Experience Matthew Stein has advised that a colleague has recently finished up with Spotless – where Matthew worked with him for many years. Matthew says "he is one of those rare financial talents that sees a lot more than numbers, and really gets into helping run the business". If interested please contact Matthew for further information and a CV.
Peter Charlesworth (ILF2013)
4. New Quiz Competition - Will SA go into complete lock down like Victoria by 31 August? Send your answer to suzi@industryleaders.com.au by 14 August 2020 Winners of previous quiz Congratulations to Calvin Stead who was the closest at predicting the CPI change for the June Quarter to the nearest decimal place. They both won a bottle of Ashton Hills Vintage Rose
5. COMING EVENTS ILFSN Cocktail Function - late August? to be determined Speaker - Robert Gerard AO (Gerard Industries Pty Ltd) This event will be hosted by Morgan Stanley.
ILF Grant Awards Presentation Evening The Industry Leaders Fund red letter day will be different this year. We have a high quality interesting array of new Scholars to introduce. The Hickinbotham Hall at the Wine Centre has been booked and we have a hold on the Exhibition Hall if extra space is needed. Invitations will be sent shortly on condition that the event may have to be cancelled or invitations withdrawn if stricter COVID-19 restraints are implemented. Detmold Factory Tour See the new face mask production line - hear about the challenges of getting complicated production off the ground in double fast time. Date in October to be confirmed. Thanks to Alf Ianiello (ILF2011), CEO of Detmold, supported by Zoe Detmold (ILF2016) and John Scott (ILF2013) Mitsubishi Drive Day Mitsubishi Australia 4WD Drive Day - An opportunity to put the outstanding range of Pajero & Triton vehicles through their paces courtesy of Shaun Westcott (ILF2018) CEO of Mitsubishi Motors Australia. Indicative timing November 2020, delayed due to strong demand for these vehicles and hence limited stocks at present.
6. Defence Force front line experiences for Scholars An ideal way to get an inside insight into how the Australian Defence Force works is to join a Defence Reserves Supportive Employer activity. The Manager of the activities has invited ILF Scholars to join them. Future activities include: 15-17 October 2020 - Exercise Executive Stretch. You will sleep in military accommodation, eat meals at the RAAF Edinburgh kitchen/mess hall and undertake military training activities including: Night Vision Goggle field exercise, Pre-Enlistment Fitness Assessment, Outdoor Obstacle Course, Protected Mobility Vehicle ride, Battle Simulation System exercise and other exciting activities. If interested please email drs.sa@defence.gov.au and CC Suzi@industryleaders.com.au by 1 September 2020. 13 November 2020 - Adelaide Universities Regiment (AUR) Exercise Gona. Employers are invited to observe an exclusive Army Reserve Officer Training session conducted in a field training environment at Murray Bridge Range. You will have the chance to participate in and observe the many benefits that Army Reserve Officer Training can provide to your employees and your organisation. The day’s activities include:
If interested please email drs.sa@defence.gov.au and CC Suzi@industryleaders.com.au by 2 November 2020.
7. Darren Turner - How the Industry Leaders Fund helped me manage our business successfully through the pandemic. Just over three months ago, our national retail customers including department stores and specialty homewares chains closed their stores around Australia and we were heading into a full lockdown Australia wide. We transitioned to a three-day working week prior to Easter, but with a strong digital presence amongst our national retailers, April sales were better than we predicted only dropping by 50% on original forecast. By the end of May sales had recovered to budget and both June and now July are record months across our business including wholesale to retail, online and our own retail shops in SA. Forecast sales for FY 2021 are up by 20% as are our employment numbers with over ten new employees joining the business in June. There are four key touch points that have influenced our success all relating back to my ILF experiences and I would like to share with you how they played a key role in preparing me and our business, MiniJumbuk for a COVID-19 crisis. Like many of us, I was fortunate that Geoff Vogt approached me introducing the ILF and in 2015 -16 I attended the GLOBAL CEO PROGRAM, thanks to an ILF scholarship. I learned many lessons from attending that course over the three weeks - three months apart in three different countries. The case studies combined with world class teachings opened my eyes, but I gained even more by interacting and learning from other CEOs. Two key learnings I took away were strong leadership through crisis and change, plus the importance of strengthening your people at Board and Senior Management level. It took some time, but I eventually convinced my partners in late 2019 to bring in a new shareholder and COO with global experience and he joined the Business in February. This played a key role almost immediately and provided the additional support and management skills the business needed. The ILF Scholars network provides training and networking events throughout the year exclusively for Scholars and I have been fortunate to be part of and currently chair the committee, that helps organise these events.
|