Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
A successful business learns from its mistakes, but learning from the mistakes of others can be even more helpful. These family businesses found themselves underwater when they either failed to adapt or bit off more than they could chew.
In the late 1800s Henry Bucks buttonholed the high-end market of men's fashion with a reputation of offering well-tailored shirts. Over 100 years later, and the business is still going strong -- despite the family running succession pretty close to the wind for generations.
From the early days of building textiles machinery from secret plans to now becoming a major player on the global oil stage, the Schlumberger family’s religious values remain at the core of its work ethic.
In this week's essential reading guide, Kohler assesses the impact of the digital revolution, Bartholomeusz delves into the details of BHP's demerger, and Gottliebsen talks to the one minister who has a vision for Australia.