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Chief executive, Meyer (Australia)
What is your number-one tip for managing people?
You never get in trouble for over-communicating with them.
What is your number-one tip for managing a business?
Give the team more responsibility than they expect and measure everything in the business that can be measured.
A lesson you have never forgotten?
How the mighty have fallen. Some six of the top 10 retailers in 1987 don’t exist today and that is a sign that you can never be complacent in retailing.
Excerpted from BRW, Vol. 31, No. 12, FYI.
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