"BiziNet Magazine #82 - Nov/Dec 2016" BiziNet™ Articles

To someone as vivacious and inspirational as Kristen Foster, thoughts of the cultivation of moss under her feet are anathema. She has reached for the sky and one gets the feeling that even there brooks no limitation. Kristen is currently on eBay's AUNZ Leadership team and Asia Pacific GR management team as Director, Government Relations and Corporate Affairs, Australia, New Zealand, Japan and South East Asia.

I close my eyes, connect myself with the Universe and send a telepathic message to the red-suited, white-bearded roly-poly man. ‘Dear Santa, please give business people a little more common business acumen and give us the goodwill to respect each other in the manner your largesse demonstrates as we near the festive season.’ Yours etc.

As both a Registered Liquidator and Registered Bankruptcy Trustee, I quite often hear about the plight of a family company director or individual who is in financial difficulty being seduced by unlicensed or unregistered supposed professionals (also referred to as pre-insolvency firms) about how best to deal with their difficult financial position, yet only to end in a worse position both financially and emotionally after taking such advice.

We have abundant examples of flawed leadership across political and business circles. Yet ‘flawed leadership’ continues to be a powerful influence on the attitudes, behaviour and performance of people. So why do leaders sometimes fail to make the impact they seek?

Business people need to know a lot. Of the “lots” they need to know 7 of the key legal business musts are to know about the legal issues in Fig 1 below.