About the report
$15M of lost opportunity
Over the past 12 months, organisations where all or most leaders were connecting with external networks had five percent higher revenue growth on average, compared to businesses where less leaders had these networks.
Organisations with poorly connected senior leaders face up to $15 million in lost opportunity costs. What is a lack of leader connection costing your organisation and might you be better connected?
“We build the networks that connect Australia, but the best connection is driven by humans – enabled by technology. That’s where the magic happens.”
Oliver Camplin-Warner, Group Executive, Telstra Enterprise
Insights
Australia faces economic loss due to lack of leadership networks
Lack of connection
There is potentially a whopping $53 billion lost opportunity to Australia’s economy thanks to a lack of connection.
Leaders without support
One in three leaders of large organisations in Australia have no external network to lean on for advice, support, ideas and encouragement.
Greater innovation
Greater connection means greater innovation, with external network interactions leading to new or innovative ideas.
Learn more about the state of connect between business leaders
“We won’t be able to solve complex problems like the energy transition if we don’t work together.”
Ayesha Razzaq, Executive General Manager Retail, Energy Queensland