Speakers: Richard Simpson, Robert Wilson, Scott Thompson-Whiteside
With dire predictions about the future of manufacturing in Australia, we should remember that manufacturing has been an important contributor to national development. There was a thriving manufacturing industry up to 1945, sufficient to supply most domestic needs. Post-war, new industries flourished and a golden era of manufacturing followed. By the late 1950s manufacturing accounted for 29% of Australia's GDP. By the 1960s, growth and productivity was faltering and manufacturing had begun to stagnate. Today, manufacturing accounts for less than 10% of Australia's GDP, the lowest level since early colonial times. This is due, in large part, to global economic changes and the economic processes of comparative advantage. However, the innovative spirit that drove previous successes remains and a new generation of leaders and enterprises has emerged. Richard Simpson of Furnace Engineering and Robert Wilson of the Wilson Transformer Company will be discussing the leadership styles and approaches they have used to ensure their companies are national manufacturing success stories. Scott Thompson-Whiteside of Swinburne University of Technology will be analysing their experiences to outline the leadership needs for innovation in Australia. Recorded on 26 June 2014.