MARK BARNES: SA — there isn’t another place to go
It’s about time we started writing our own story
There are lots of “For Sale” signs in the suburbs. That’s not a good thing. Price is determined where supply meets demand. Expect lower prices. Demand, in turn, is determined by confidence, in the present, and when it comes to capital commitment, in the future. Enduring confidence is the informed end game, sustainability its precursor. Just above survival, in the hierarchy of winning nations, is the question of sustainability. You can hardly get through the first day in any strategy conference without the question of sustainability coming into focus, as it should. Elements of sustainability include understanding and planning for competitors, resilient business models, the right people, an enabling cost of capital, the proper support, an enabling regulatory environment, the rule of law … lots of stuff. We still need to cross the divide between building capacity and entrenching dependency. Getting there is up to us, not others. We may be looking in the wrong places. The answer is her...