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In the text that follows you’ll hear Sam’s views on leadership, the state of the market, and you’ll be introduced to his retirement ambitions and the future challenges for the boardroom, following his return to Perth, Australia. Gordon Berridge: What do you see as the greatest leadership strength? On with the interview.
Those companies that ‘sweat’ their capabilities continuously improve them and sustainably capture the top-line growth in their industries and, ultimately, market leadership. This, in turn, increases the company’s leverage with suppliers and allows it to be extraordinarily efficient in moving inventory and managingworkingcapital.
As more people depended on him, he spent his workingcapital, and the business failed. When artisans have no understanding of their cash flows, they fail prey to spending a big percentage of their workingcapital, without meaning to, on non-business issues that usually cripple their operations.
Multinational leadership teams should instead clarify their long-term objectives in the market – for example, whether they want to focus on maintaining margins or growing market share – and align execution accordingly. Russian executives have experienced multiple crises and high volatility, as well as returns to strong growth.
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