For this episode I’m fortunate to be joined by Bastion CEO Jack Watts (www.bastioncollective.com). Jack and I met over a decade ago on a leadership course in China, and he has since grown a small sports marketing opportunity into a firm with global reach and employing hundreds of people. We talk about the importance of experience, taking on risk, avoiding bad decisions, managing people and dealing with growth. I enjoyed Jack’s principles – design the life you want to live, tap into your ‘thrill of the chase’, fail fast, ‘corterize’ it, get the bad news out, and move on with […]

On this episode economist Will Witheridge and I discuss the philosophy behind privatisation, the wisdom of Adam Smith, and cartels and monopolies. We also talk about the challenges of the privatisation journey in the West (Australia’s Two Airlines Policy for example), some of the areas where privatisation doesn’t entirely work and the balance between government regulation and ‘nationalisation in new clothes’ – excessive green and red tape. Show Highlights How Papua New Guinea’s telecommunications industry is an example of a government monopoly ‘taking a back seat’ and private enterprise, competition, lower prices and greater access coming to the fore. How […]