Friday, 25 July 2008 - 4:02 AM EST
AFR BOSS this month
The power of one
The policy wonk whose influence is causing agro with employers and unions. Ai Group's Heather Ridout talks to Colleen Ryan.
BOSS Young Executive of the Year
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Welcome to AFR BOSS
JULY issue out now!
It's strange, this mood of shifting realities we're dealing with. The pain of rising prices and interest rates and the shock at the petrol pump swirls through the media. And after a decade of low inflation, the impact on business inputs, supply chains and consumer behaviour is thudding home even as the resources sector struggles with meeting soaring demand. To this we add the looming impact of the Federal Government's evolving carbon emissions trading scheme, which is a bit like trying to wrestle with smoke. It comes as decision-making horizons are shrinking sharply and the strategists are busy revising scenarios. Scientific research suggests we are often ill-prepared, unable to countenance change, especially after long periods of prosperity. The psychologists even have a name for the phenomenon - deferred salience, a state in which people forget or have no experience of dealing with adversity and are ill equipped emotionally and pragmatically to respond to a challenging, ambiguous environment.
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BOSS - KEY DATES 2008
AFR BOSS KEY DATES 2008
AFR boss is published inside The Australian Financial Review on the second Friday of each month. Click here to view the AFR BOSS KEY DATES 2008 and find out what's in store for next year.

