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Banking, General News

FROM INTEREST RATES, STAFF LAYOFFS TO “THE VOICE” – WHAT’S LOVE GOT TO DO WITH IT?

THE POWER OF VISIBILITY/ECKFACTOR 2 mins read
Leadership, banking and finance commentator MARGOT FARACI

AVAILABLE FOR INTERVIEW: 

LEADERSHIP, BANKING AND FINANCE EXPERT MARGOT FARACI 

 

SEPTEMBER TALK TOPICS

TUESDAY'S RBA INTEREST RATES

STAFF LAYOFFS

LEADERSHIP DILEMMAS WITH "THE VOICE"

LOVE LEADERSHIP


WHY YOU’RE NOT RIGHT ON THE VOICE (BUT YOU’RE NOT WRONG EITHER) 

People who disagree with you are not, mostly, moronic villains.  Real leaders get curious, not confronted, when they hear the opposing view.  Voting in a referendum is not about winning an argument, it’s about contributing to the greater good.  As we approach a referendum on The Voice, the best leaders will be listening to understand a wide range of views. It’s a habit that anyone can start now, in this critical moment for Australia, and then apply it in business, finding new solutions and opportunities that can’t appear if we’re committed to being right.

 

STAFF LAYOFFS: THE RULES FOR LEADERS

With business confidence down across Australia, and nearly a quarter of companies in NSW alone planning to cut staff in the next twelve months, many business leaders may be facing their toughest leadership challenge yet.   Staff layoffs are very difficult, and mostly implemented poorly, causing great damage and ultimately slowing down your business’ momentum.   So how do you do this well, respectfully, discreetly and swiftly so that the business continues to perform and you build respect and followership amongst your team?

 

WALKING THE NARROW PATH: ARE WE THERE YET? 

The RBA has told us it needs to walk a “narrow path” between raising interest rates to tame inflation on one hand,  and avoiding a recession on the other.   With the most recent CPI coming in at 4.9% -  lower than expected, and lower than it has been – we haven’t reached the end of the road yet.  Prices are rising more slowly, but they’re not falling back.  And they’re still two and a half times higher than the RBA’s target for manageable inflation, as most Australian householders will attest.   Globally, central banks have tended to underestimate the power and persistence of inflation on the way down, to the detriment of their countries.  What will the RBA be considering on Tuesday when it makes its next decision on interest rates, weighing up the struggle of mortgage holders and households suffering through a cost of living crisis?

LOVE LEADERSHIP. WHAT IS IT AND WHY DO WE NEED TO TALK ABOUT IT? There are two ways to lead: with fear or with love. When you lead from fear, you create small, anxious, reactive teams so that nothing improves. When you lead from love, you create powerful, high-performance teams where possibilities expand. 

 


About us:

 

ABOUT MARGOT FARACI – LEADER, AUTHOR, SPEAKER

Margot is a senior corporate leader with two decades of banking and finance experience in corporate Australia. Having previously worked in some of the biggest companies in Australia, including Macquarie Bank, Seek.com, Ashurst, NAB and CBA, Margot has extensive experience leading at senior levels across a broad range of industries and has forged a reputation for driving change in complex environments. Margot is based in Sydney. 

 


Contact details:

To arrange an interview for talkback radio, live or pre-recorded news interview, please contact: Karen Eck, eckfactor for THE POWER OF VISIBILITY

0438 532569 

Karen@eckfactor.com 

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