I would like to borrow a theme from Jim Collins, the management researcher and writer. His two best-known works, Built to Last and Good to Great, are evidence-based studies of what makes commercial organisations outperform over the long term. APCA’s own core principles – our values, purpose, unique positioning, member benefit proposition and vision – were developed using the Collins framework. You can find them on our website. Collins has the luxury of something to measure: he looks at relative increase in total shareholder value of listed companies against competitive peers over long periods of time. Then he tries to work out how the top performers got there in the first place, and how they stay on top. These days there is plenty of debate over the validity of this method but its influence on corporate strategic thinking is undeniable. Unfortunately, neat quantitative measures of achievement are not generally available for payment systems. But the long-term, structural orientation of Collins’ work aligns well with broader payments system evolution: how does the industry build a payments system that will stand the test of time, and respond to the unknowable challenges of the future? It’s not about any one strategy or programme, but the overall structure, culture and orientation.
This post is dedicated to supporting the 2016 National Industry Scholarship Grant for the development of women across all industries.
A national initiative will provide $250,000 dollars towards enabling women into higher levels of leadership across the finance sector.
The initiative, funded by The National Industry Scholarship Grant Initiative was launched this month and is open to all women employed in the finance sector at both senior and junior management levels.
Scholarship recipients will be given leadership programs provided by Women and Leadership Australia (WLA).
The organisation reports that women’s representation on Australian company boards has increased by only 2% since 2012, significantly below the predicted figures. Furthermore, nearly 77% of companies have failed to meet the target of one quarter of their directors being women.
WLA hopes the initiative will promote gender parity across all levels of management within the finance sector.
If you wish to express interest for this funding you must do so by 31 March 2016 and can follow the links below for more information.
- Senior Management and Executive level Women Leaders can apply for $12,000 Individual Grants to undertake the Advanced Leadership Program.
- Women Managers can apply for $5,000 Individual Grants to undertake the Accelerated Leadership Performance Program.
To discuss the initiative in more detail please contact Ian Johnson at the office of the National Industry Scholarship Program, Australian School of Applied Management on 03 9270 9016 or via email@example.com.