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How do we fix our risk-averse business culture?

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“Innovation” and “disruption” sound great in principle. They’re very agreeable terms when you are on the right side of the ‘equation’. But for businesses, government and in some cases, the law, these words belie what is almost always a turbulent transformation.

Real disruption — the meaningful kind that will benefit Australia well into the future — is by its very nature disruptive, not easy, and rarely uncontested. Invariably it is risky, and that’s an issue for a country that is not.

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