Everyone loves a bargain. But, there comes a time when cheap is too cheap, as the world is discovering with falling prices destabilising industries, and entire economies.
It's time to break apart a 50-year-old business tradition - strategic planning - and think about it in terms of two distinct activities: strategic thinking and execution planning.
It’s not often you get to see a two-horse race with more than $10 billion riding on the result, but in Western Australia today that is precisely what’s happening in the iron ore industry.
New Year is always a good time for starting a diet, and while WA has been expanding rapidly thanks to the resources boom it seems likely that the feast is over, for now.