Australia
New Thinking
A roadmap for mid-market business owners
Adapting customer loyalty
Australian and UK rail franchising experiences
Australian Regional Capacity Index
Australia's defence industry and the rise of Asia
Better business reporting – the journey continues
Big Data and why it matters
CHAFTA: Look to China for growth
Chinese Investment in Australia Demystified
Cloud – enabling business strategy
Corporate growth
Critical actions for a positive future
Cyber and digital security
Cyber security – Detect cyber threat
Cyber security – Protect your business
Cyber security – Respond to cyber threats
Cyber security – Secure organisational growth
Digital: A framework for the age of disruption
Digital: Reinventing the customer experience
Disrupting the board
Empowering Australians' impacted by their service
Financial reports de-cluttering in ASX200 companies
Financial System Inquiry – Innovation: Digital identity
Financial System Inquiry – Regulatory system
Financial System Inquiry – Superannuation and retirement incomes
Future of investment management
Global shifts in defence and security
Harnessing the power of disruption
Here comes the M&A boom
Human services: rethinking regulation
Improving cities through urban renewal
Indirect Tax and International Tax – double the trouble?
Infrastructure trends
Leaving leadership development to chance is not worth the risk
Pricing: Defining the right strategy
Promising prospects in Australian corporate finance
Resource sector outlook
Risk transformation: Embracing conscious risk taking
Risk transformation: Engaging the first line of defence
Risk transformation: What makes a great CRO?
Road testing a public service reform agenda
Social media risks
Tax Reform: a call for fundamental change
Tax Reform: a new simplicity for fringe benefits
Tax Reform: a single tax collector
Tax Reform: stopping the fiscal drag
Tax Reform: property services tax
Tax reform – shaping the future
Tax transparency and morality
Technology and growth: working with the 'connected customer'
Technology's impact on investment industry
The constantly changing role of the CIO
The power of population
The private side of public investment
The Road to Paris
Transforming for consumer growth
Urban and regional growth: a smarter way
Utilities: technology is the future
Value of Audit
What is the future for government?
What a Japanese submarine option could mean for Australia
A roadmap for mid-market business owners

 


A roadmap for mid-market business owners

The middle market, dominated by privately owned and family owned businesses, represents the engine room of our country's economy employing nearly a quarter of working Australians and contributes almost 40 percent of business revenue.

And yet traditionally, it doesn't have a voice. Those from the top end of town cannot be ignored because of their size and influence, while the sheer volume of small businesses makes the segment prominent. But the middle market often goes unnoticed.

For these business owners, the primary focus is the day-to-day running of the business which can make it difficult to focus on the longer term and the more strategic.

While many mid-sized businesses can grow to a certain point, they may well need assistance jumping up to the next level.

Rob Bazzani
"While many mid-sized businesses can grow to a certain point, they may well need assistance jumping up to the next level."


Rob Bazzani
National Managing Partner, Private Enterprise
There are other issues which concern this group's leaders – not all of them shared. Some mid-sized business owners have become directors by default and worry about their director liabilities. Others consider professional directorship as a future career. Then there are those who simply need more support to run their businesses.

To meet such needs, the Australian Institute of Company Directors (AICD) has created the Directing Growth Program. This aims to facilitate the development of good governance structures, to deliver a roadmap for growth and provide the tools business owners need to support their long-term viability. It provides in-depth information on the critical issues facing Australian mid-sized business, and a structured forum for like-minded owners and directors of mid-sized businesses to connect on key business challenges over the course of its one-year program.

The two main components to the program are:

1. a new business owner resource centre, plus regular email updates with practical and relevant information.
2. a targeted program for owner/directors of mid-sized businesses who want to take their business to the next growth stage. This includes:

• four seminars a year run in each state, the first of which will be in October, 2014 
• a member-only online portal featuring high-quality customised content, new business tools and Q&As, podcasts/videos, webinars and more
• interactive discussions via closed social media groups
• informal networking opportunities.

The program offers a blended learning approach. This means participants can benefit from online learning in their own time while also attending seminars. This gives them the additional benefit of face-to-face learning and networking with their peers.

While there are lots of networking groups for entrepreneurs and business owners, AICD’s program distinguishes itself by creating a community for like-minded directors underpinned by a robust and practical learning program which will join the dots between governance and sustainable growth.

It is clear to KPMG that this section of the market needs support. To this end it is collaborating with AICD on its program to provide the necessary road map for growth for this important section of our economy.

For further information about the Directing Growth Program visit the AICD website.

Share this

Share this

Directing Growth Program

Directing Growth Program
The AICD, in collaboration with KPMG, has developed the Directing Growth Program to assist business owners develop a roadmap for growth.

Private Enterprise

Private Enterprise
Our Private Enterprise practice works with privately and family owned businesses, providing audit, tax, accounting and business advisory services.

Private Companies

KPMG’s Private Enterprise practice provides a range of relevant, timely and cost-effective services to private companies.

Family Business

KPMG’s Private Enterprise practice offers a range of services geared to the unique needs of family businesses.