Watch Mike Smith's CI2010 Presentation! 

Mike Smith is well known in Australia as CEO of ANZ Bank. Before arriving in Australia, Mike was running the most profitable division of HSBC bank in Hong Kong – you could not ask for anyone more equipped to speak about big business!

This presentation takes a look at big companies: why they fail, how they can succeed, and the importance of innovation to ensure the longevity of any sized company.

The journey from a good company to a great company can be a long process, but the journey from a good company to a mediocre one can happen very quickly. From the Top 50 companies in Australia in 1980, only 8 survive today.

Why does this happen? As Mike outlines in this presentation, the world changes – and it changes extremely quickly. It can be very difficult to bring innovation into the thinking of large companies… But in order to succeed, we must not consider how to play the game better, but how to change the game itself.

In a time of rapidly evolving economies, we all need to innovate – there has never been a time we needed to do this more to survive & thrive in a world of constant change.

This presentation is a fascinating inside-view on how our top leaders can and must create capabilities to respond to tomorrow’s environment.­­