BotW: AI winners showing up; How Rob Morgan built a local behemoth; Why Greg Hywood is unimpressed with Nine’s management
Welcome to Best of the Week, written on Saturday morning in rainy Evandale, Tasmania.
Today: We’re beginning to see the first local winners in AI; how the tenure of Rob Morgan makes the case for localism; and Greg Hywood on the shortcomings of Nine’s management
Happy VCR Day.
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Under Morgan in the 1990s and 2000s Clems also had a very unique staff shareholding structure which granted shareholding to a large tier of staff and was self financed by Clemenger with the shares as security. A risk free way for staff to share in the profits and it also created a common alignment around why Clems wanted to be profitable. I believe that this structure eventually disappeared.