The New Philanthropy: The Push For A Renewable Capital Innovation Fund

The New Philanthropy

This post is a collaboration between BROSO™ and Tom Spencer, and was originally posted on Truth Has No Temperature.

Why is the Australian venture capital industry almost non-existent and irrelevant on a global scale?

Three reasons:

  1. A massive misallocation of capital, particularly when it comes to Australia’s $1.7 trillion superannuation bolstered capital pool, the fourth largest capital pool in the world.
  2. An attitude of risk-lethargy that impedes any real innovation from happening within Australia.
  3. An ingrained fear of failure that extends to the commercial world and business start-ups, to the point where in Australia there is a very negative attitude towards anyone who declares bankruptcy, the net result of which is less risk-takers, less innovators, less venture capitalists, and most importantly less GDP growth and a diminished tax base.

Many of the start-up opportunities for venture capital exist in the digital or online space, and these ventures by their very nature belong in an international market. Failure of Australia to play in this global sandpit means that Australia is experiencing a flight of human and intellectual capital.

In order to have a functional venture capital industry you need quality start-ups.

So where do these come from, exactly? Generally in the US and Europe it is from within high-quality University programs.

So where are the incentives to start new ventures in Australia’s vibrant University culture? Perhaps the answer is that Australia has a much too generous University and accompanying welfare system that fosters a sense of entitlement and robs young Australians of the desire to create, or take on any risk.

Why does this matter?

With the level of imagination, commercial creativity and desire to innovate in Australia there are all the ingredients for a thriving startup culture and venture capital industry.

But of course there’s the other side to the coin: capital. This is where the Australian venture capital industry has bordered upon impotence.

They simply can’t seem to raise serious capital.

Here are the facts:

  • Total venture capital investment in Australia in 2013 was barely AU$150 million; and
  • Total venture capital investment in Australia in 2014 increased significantly but still only amounted to AU$516 million.

Compare this with the total venture capital investment in Europe and the US:

  • Total venture capital investment in Europe in 2013 was AU$9.5 billion (63 times the amount of Australian venture capital investment over the same period); and
  • Total venture capital investment in the US in 2013 was AU$42.3 billion (282 times the amount of Australian venture capital investment over the same period).

An interesting comparison is to consider the total investment by Chinese Investors in Australian residential property:

  • Chinese investors pumped AU$5.9 billion into Australian residential property in 2013 (40 times the amount of Australian venture capital investment over the same period); and
  • Chinese investors pumped AU$12.4 billion into Australian residential property in 2014 (24 times the amount of Australian venture capital investment over the same period).

But a lack of capital is absolutely NOT the problem. It’s where Australia is deploying that capital.

Australia has one of the largest wealth markets in the world. Australia’s capital pool has grown at an annual compound growth rate of 12% p.a. since 1992.

The unprecedented growth in Australia’s capital pool has obviously been underpinned by its superannuation system which requires a portion of all Australian workers’ incomes to be contributed to a retirement pension fund.

Are there unintended consequences of the private and public sector both ignoring venture capital as an asset class in Australia?

One of the unintended consequences of ignoring the venture capital industry in Australia is human capital flight. What we mean by this is that if the money is not available to invest in new initiatives and to enable young entrepreneurs to start and grow their ventures in Australia then many of these people will simply leave the country. If the government invests in 13 years of school education and then 3 to 5 years of university education only to see the best people leave the country, then this is a huge gift to the rest of the world and represents both lost opportunity and a huge drain on the Australian economy.

A lack of venture capital money means that it will be difficult for innovative young Australians to launch new ventures and manage to survive long enough to reach profitability.

Consider the enormous tax losses suffered by the ATO and the general reduction of the Australian tax base as a result of losing an entire multi-billion dollar asset class to another hemisphere.

Australia could realistically expect to have a $5 billion a year VC industry.

Now let’s make some assumptions about income tax, corporate tax, and GST.

Assuming there are 250 investee companies and on average each of them generates revenues of $20 million per year that equates to $5 billion in annual revenues overall. If the average company has 20% net margins, then this would produce earnings of $2.4 million and the government could hope to collect $180 million in corporate tax revenues. The government would also pocket $500 million in GST revenues (more than what the VC industry invested in Australia in 2013).

Assuming that salary and wages for each company represents 30% of gross revenues and that the blended income tax rate is 28% then this would also mean that the 250 investee companies would produce $420 million in income tax revenues.

All in all, the government is missing out on a potential $1.1 billion in tax revenues per year.

What are the problems with the ingrained culture of the Australian venture capital industry?

American VC funds are willing to invest serious money in early stage ventures because they know how profitable it can be.

The US sees more exits, at higher valuations, and the success of American VC funds has attracted more VC players, more money, and more entrepreneurial ventures.

Part of the problem in Australia is that there is less money available, which means that it is harder for Australian startup founders to get meetings with investors and harder for them to secure investment.

But lack of money is only part of the problem. Another problem is that startup founders typically have to work harder and wait longer to secure investment. At the early stage of a venture where every day counts, delays in securing funding can mean the difference between success and failure, and distract founders from the vital task of growing the business.

Lack of money and longer waiting times are not the only problems though. The main problem is that the Australian VC industry lacks the visionary mind set required to grow successful new companies in Australia.

In the States, the VC industry is enthusiastic about investing in early stage ventures, whereas the mood in Australia is sceptical and hesitant. American VC investors look for passion and market potential, and know that asking for financial forecasts from a seed stage company is pointless. Down under it is a different story. Australian investors typically require a full blown business model with financial forecasts, which is genuinely impossible to provide if the venture hasn’t proven its business model and doesn’t yet have any customers.

What is the New Philanthropy?

Philanthropy is defined by the Merriam-Webster Dictionary as the practice of giving money and time to help make life better for other people.

The push for a more significant, better funded venture capital industry in Australian can be framed as a type of New Philanthropy.

We believe business is about solving problems and delighting people, and this becomes viable when businesses manage to do this in a financially sustainable way.

In any case, the New Philanthropy is not a new concept: this is basically what Richard Branson already does when he says he believes in supporting new entrepreneurial ventures and to our knowledge he signed Bill Gates’ giving pledge on that basis, which means he is not conforming to the way that most people would delineate business and philanthropy/charity.

Australia requires the New Philanthropy, and the push for a Renewable Capital Innovation Fund.

By Benjamin S. Broso B.Bus LL.B (Hons) and Thomas D. Spencer B.Com LL.B (Hons) (Sydney) MSc Financial Economics (Oxon).
Tom Spencer Ben Broso

Australia Is An Innovation Laggard (Nigel Lake, Part 10 of 10)

Australia, The Innovation Laggards

(Source: Flickr)

This is the tenth instalment of my conversation with Nigel Lake, CEO of Pottinger, a global corporate advisory firm based in Sydney, Australia. Nigel is the author of The Long Term Starts Tomorrow, a must have book “for any manager, leader or Minister.” The Hon Mike Baird MP, Premier of NSW

Tom: There has been a lot of support given to entrepreneurs in the UK in the last few years which seems very promising. Do you think that Australia is perhaps falling behind in that area?

Nigel LakeNigel Lake: Australia is 11 hours ahead of GMT, and about 10 years behind at least.

It is not a question of “is Australia falling behind?” Australia is massively behind.

I moved [to Australia] in 2003 and was amazed by the almost complete lack of online anything. Wind the clock forward and the online businesses of the big companies are still terrible. So there has been an amazing lack of innovation.

[Pottinger is] quite plugged into the entrepreneurial universe here through the universities, through some of the people who have invested in those companies, and through the incubators and so forth. We have put a fair amount of time into trying to support the evolution of that whole ecosystem because we think it’s amazingly important.

[Australia has] a political environment where there is a significant disaffection with science in general. There is a real love of things which are steeped in the past. There is a great unwillingness on the part of business here to embrace things which are new.

The poster child for success is Atlassian, the tech company, which sold its product in 10 or 15 countries to dozens of large companies before an Australian company would buy any of its products.

They are based in Sydney and had a fantastic platform for making your own wiki. They had a similar platform for managing agile software development programs, which is now used in many large companies around the world. Australian companies were at the end of the queue, despite the fact that the company is actually based in Australia.

Tom: So it sounds like there may be a cultural issue that Australia needs to overcome. I know that after finishing university a lot of the smartest people either leave Australia or take plum jobs in the established order of things. There appears to be a missing segment of the economy which exists in the UK and the U.S. And that is, young people trying to change things and create new businesses.

Nigel Lake: You just need to look at the university world. In most countries around the world, university students are pretty radical and protest about everything all the time. I have never heard an Australian student protest about anything apart from whether the temperature of their cappuccino is quite right.

There is an endemic acceptance of the status quo as being nice and comfortable and really quite reasonable, which to a significant degree it is. But you don’t have a change the world mentality, and people who want to change the world, as you said, they just get on a plane and they go somewhere else where they feel more welcome.

The only way you can change Australia is by changing its leaders. And that is about political leadership and business leadership. It’s an absolutely massive endeavour to attempt to do that. The challenge is that the political leadership comes out of the party system, which is breaking down in Australia as it is in the UK, but it is hard to see where that inspirational change the world leader will come from in Australia.

Conversation with Nigel Lake, CEO of Pottinger

PottingerI recently had the good fortune to speak with Nigel Lake, CEO of Pottinger, a global corporate advisory firm based in Sydney, Australia.

Nigel is a truly original thinker who combines a good sense of humour with sharp strategic insights and clarity of thought.

I had originally intended to ask Nigel some questions about Pottinger and its recruitment process, but I thought better of it. I was interested to learn more about his book “The Long Term Starts Tomorrow” and we ended up having a very interesting conversation.

Our discussion touched on various fascinating topics including:

  1. The importance of thinking about the long term first
  2. Looking beyond short term financial metrics
  3. Finding the courage to overcome vested interests
  4. The importance of having a strategic end goal (rather than just a general sense of direction)
  5. The need for continual innovation
  6. The challenges of pursuing organisational change
  7. How to anticipate the future
  8. Where should the CEO focus his or her attention
  9. Ongoing innovations in digital media, and
  10. Australia’s unenviable position as an innovation laggard

Please bookmark this initial post, subscribe by email or follow the conversation on Twitter via the hashtag #nigellake.

I will post one instalment from my conversation with Nigel Lake every weekday for the next two weeks.

Top consulting firms in Australia, a guidebook

ARE you an aspiring consultant interested in working in Australia? Or perhaps a practicing consultant who wants to better understand the industry? Or maybe a partner/owner who wants to suss out your competition?

What ever the case may be, we have produced a new guidebook which provides an overview of the management consulting industry and the most prominent firms in the Australian market.

You can download the guidebook here.

Whether you are aiming to break into the consulting industry or are just carrying out industry research, we hope the guidebook will serve as a valuable resource and enhance your understanding of the management consulting industry in Australia.

Strategy and general business consulting firms in Australia 2012

[Last Updated: 31 May 2012]

THE list of strategy and general business consulting firms is part of the full list of consulting firms in Australia:

Tier One – Global

1. Bain
2. BCG
3. McKinsey

Tier One – Australian

4. Nous Group
5. Pacific Strategy Partners
6. Port Jackson Partners

Classic – Global

7. Accenture
8. A.T. Kearney
9. Booz Allen Hamilton
10. The Birchman Group
11. Deloitte
12. LEK
13. Oliver Wyman
14. PwC

Classic – Australian

15. Crescendo Partners
16. Momentum Partners
17. Oyster Consulting
18. SMT Consulting

1. Bain & Company

Website: www.bain.com

Founded in 1973 when Bill Bain and others left BCG to form Bain & Company. Bain operates in 47 offices across 30 countries. In Ausralia, Bain operates out of Sydney, Melbourne and Perth.

Bain is well-known for offering services like due diligence, IPO preparation, portfolio profit improvement and revenue enhancement geared toward leveraged buyout and venture capital firms.

2. BCG

Website: www.bostonconsulting.com.au

Founded in 1963 by Bruce Henderson, BCG operates in more than 75 offices worldwide. In Australia, BCG operates out of Sydney, Canberra, Melbourne and Perth.

BCG specialises in business strategy and draws most of its clients from the 500 largest corporations worldwide, as well as working with smaller companies, non-profit organisations and government agencies.

3. McKinsey

Website: www.mckinsey.com.au

Founded in Chicago in 1926, McKinsey remains one of the world’s most prestigious consulting firms. It is worth noting that, as at May 2012, McKinsey continues to receive negative publicity due to the ongoing Rajat Gupta insider trading scandal. It is still unclear what the ultimate impact of the scandal will be on McKinsey’s brand. McKinsey operates in 98 locations worldwide. In Australia, McKinsey operates out of Sydney and Melbourne.

McKinsey works internationally in a broad range of industries with large private sector institutions, governments and other non-profit institutions.

4. Nous Group

Website: www.nousgroup.com.au

Founded in 1999 by Tim Orton (ex-McKinsey), Nous Group has grown to be one of Australia’s most influential strategy firms. In 2012, the BRW Client Choice Awards named Nous “best management consulting firm in Australia” including most innovative firm and best client outcomes from across the professional services sector. Nous has offices in Melbourne, Sydney, Canberra, Perth, Adelaide and Manila and a workforce of 150 people that includes some of Australia’s leading critical thinkers, ex senior bureaucrats and business people.

Nous is best known for its ethos to create positive influence and use bold thinking to solve complex societal and business challenges. Nous service lines include business strategy, public policy, leadership & people development, organisational capability, and information management & technology.

5. Pacific Strategy Partners

Website: www.pacificstrategy.com.au

Founded in 2003, Pacific Strategy Partners has offices in Sydney and Melbourne.

Pacific Strategy Partners deploys low leveraged teams to provide clients with Strategy Development, Operational Improvement, and Transaction Support.

6. Port Jackson Partners

Website: www.pjpl.com.au

Founded in July 1991 by Terrey Arcus and Fred Hilmer to counsel the CEOs of select corporations. PJP is a boutique consultancy firm based in Sydney.

PJP’s Australian clients come from a diverse range of industries (e.g. financial sector, service industry, and industrial sector) and are typically top 100 listed companies, but a few are large government owned corporations. PJP focuses on helping companies with strategy and organisation.

7. Accenture

Website: www.accenture.com

Established in 1989, Accenture has offices in more than 200 cities in 54 countries. In Australia, Accenture operates in Brisbane, Canberra, Melbourne, Perth and Sydney.

Accenture offers management consulting services covering finance & performance management, talent & organisation performance, strategy, customer relationship management, and supply chain management.

8. A.T. Kearney

Website: www.atkearney.com

Founded in 1926, A.T. Kearney operates across 57 locations world wide. In Australia, A.T. Kearney operates out of Sydney and Melbourne.

A.T. Kearney’s mission is to help the world’s leading corporations gain and sustain a competitive advantage, and to achieve profound, tangible results for its clients. Services offered include complexity management, enterprise transformation, operations, procurement solutions, strategic information technology, strategy and sustainability.

9. Booz Allen Hamilton

Website: www.boozallen.com

Founded in Chicago in 1914 by Edwin G. Booz, BAH operates in 115 offices across six continents. In Ausralia, BAH operates out of Sydney, Melbourne, Adelaide, Brisbane, and Canberra.

BAH has its main area of expertise in strategy and technology consulting, working in both the commercial and government sectors.

10. The Birchman Group

Website: www.thebirchmangroup.com

The Birchman Group operates across 7 countries. In Australia, Birchman operates in Sydney, Perth, Brisbane, Melbourne, Canberra, and Adelaide.

The Birchman Group provides six core services: value management, business advisory, IT advisory, enterprise applications, software development, and business change.

11. Deloitte

Website: www.deloitte.com

Founded in 1893 in the US, Deloitte has a strong global presence and operates in all capital cities of Australia.

Although offering a large number of accounting services, Deloitte also has a consulting practice. The consulting practice offers HR, outsourcing, strategy & operations, and technology consulting.

12. LEK Consulting

Website: lekconsulting.com.au

Founded in 1983, LEK operates in 20 offices worldwide. LEK has offices in Sydney, Melbourne and Auckland.

LEK’s portfolio of services draws on its core capabilities of research, benchmarking, modelling, analysis and strategy development to help companies determine the best way forward.

13. Oliver Wyman

Website: www.oliverwyman.com

Founded in New York in 1984, Oliver Wyman operates in 60 offices across 23 countries. In Australia, Oliver Wyman operates out of Sydney.

Services offered by Oliver Wyman include business transformation, organisation & leadership, finance & risk, marketing & sales, operations & technology, and strategy.

14. PwC

Website: www.pwc.com

Created in 1998 out of the merger of Price Waterhouse and Coopers & Lybrand, PwC has historical roots going back some 150 years.  PwC  operates in 159 countries worldwide. In Australia, PwC has offices in Adelaide, Brisbane, Canberra, Melbourne, Newcastle, Perth, Sydney and Townsville.

PwC provides assurance, advisory and tax services. PwCs consulting arm indicates that “people engage PricewaterhouseCoopers to help them design, manage and execute lasting change.”

15. Crescendo Partners

Website: www.crescendopartners.com.au

Crescendo Partners is based in Sydney and has extensive experience providing value to clients across the globe.

Crescendo Partners is an elite high value consulting, advisory and private equity firm. Services include strategy consulting, M&A support, capital raising, and private equity investment.

16. Momentum Partners

Website: www.momentumpartners.com.au

Founded in 2003, Momentum Partners has offices in Sydney, Adelaide and Perth.

Services include strategy, operational performance, organisational effectiveness, corporate advisory, business systems and processes. Momentum has consulted to thousands of different organisations across more than 50 countries. Clients include public and governmental organisations, private companies ranging from large global corporations to small, fast growing start-ups.

17. Oyster Consulting

Website: www.oysterconsulting.com

Oyster Consulting is based in Perth.

Oyster Consulting has strong resource industry experience, and offers a range of services including corporate strategy and business planning, business analysis, services optimisation, business improvement, and organisational design services.

18. SMT Consulting

Website: www.smt.com.au

SMT is located in Sydney and Melbourne.

SMT Consulting is a specialist provider of supply chain and logistics services.

Sustainability consulting firms in Australia 2008

CORPORATE social responsibility (CSR) involves business organisations acting in the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities, the environment, and other stakeholders.

Increasing concern about global climate change is shifting consumer preferences in favour of green and organic products, as well as putting pressure on national governments to put in place environmental restrictions and regulations.

In response to these increasing concerns, there has been a proliferation over the last ten years of consulting firms specialising in sustainable development and the establishment of socially responsible environmental practices.

The following list of sustainability consulting firms forms part of the full list of consulting firms in Australia:

  1. Net Balance Management
  2. EcoSTEPS Sustainability Partner
  3. GHD
  4. Greensynergy Consulting
  5. Urbis
  6. EcoSmart
  7. GerrardBown
  8. tdaEnvironmental Consulting
  9. Umwelt Environmental Consultants
  10. Carbon Reduction Institute
  11. Third Ecology Architects
  12. Water Conservation Group
  13. SEE Sustainability Consulting
  14. Enigin
  15. Neco Sustainability Consulting
  16. Hayes Environmental Consulting
  17. Sustainable Consulting
  18. Carbon Business
  19. Aria Sustainability Consulting
  20. Greenbizcheck
  21. Permaforest
  22. Ecowise Environmental
  23. HASSELL
  24. Carbon Navigator
  25. EcOz – VDM
  26. Earth Systems
  27. Ecos Environmental Consulting
  28. Coomes Consulting Group
  29. Green Pass
  30. Impact Environmental
  31. Vim Sustainability Consulting
  32. Australian Centre for Corporate Social Responsibility

1. Net Balance Management

Website: www.netbalance.com

Founded in 2007, Net Balance has its head office in Melbourne, and also operates out of Sydney.

Net Balance and has grown to become one of Australia’s largest and most significant providers of sustainability advice, assurance and research, combining strategic advice with technical capabilities.

Net Balance’s sustainability services cover the full value chain. Net Balance offers services within the key areas of strategy, implementation and reporting, climate change mitigation and adaptation, energy assessment and strategy, economics and policy, community investment and social impact evaluation, environmental management, and supply chain policy and practice.

The Net Balance Foundation is a parallel not-for-profit that draws on Net Balance’s expertise. Up to 20 per cent of staff time is devoted to the Foundation, providing affordable services to not-for-profit organisations and bringing the firm’s thought leadership to life through research, events and training.

Net Balance also houses ECO-Buy, a membership program for organisations to access sustainable procurement expertise, resources and peer networks and the Tomorrow’s Agenda Research Institute, which leads the firm’s research function.

2. EcoSTEPS Sustainability Partner

Website: www.ecosteps.com.au

Founded in 1999, EcoSTEPS has offices in Sydney, Melbourne, Brisbane and Perth in Australia and New Plymouth in New Zealand.

EcoSTEPS provides a range of sustainability related products and services focusing on strategy development, implementation, and the development of training and change programs.

3. GHD

Website: www.ghd.com/australia

Founded in 1928, GHD operates in 14 countries and has an integrated network of offices throughout Australia, New Zealand, the Middle East and the Americas.

GHD is an international professional services company of architects, engineers, drafters, planners, scientists, management consultants and economists. GHD contributes to the goals of sustainable development and is committed to managing the social, economic and environmental impacts of its operations and assisting its clients to manage theirs. GHD is a member of the World Business Council for Sustainable Development and contributes to their focus areas of Energy & Climate, Development, the Business Role and Ecosystems.

4. Greensynergy Consulting

Website: www.greensynergy.com.au

Founded sometime around 2005, Greensynergy Consulting is based in Coffs Harbour, New South Wales.

Greensynergy Consulting provides sustainability services for building and construction projects, as well as providing sustainability research and education.

5. Urbis

Website: www.urbis.com.au

Founded as a property consulting firm in Melbourne in 1963, Urbis has offices in Sydney, Melbourne, Brisbane, Perth and Dubai.

Urbis is an interdisciplinary consulting firm offering services in planning, urban design, property, social planning, economics and research.

6. EcoSmart

Website: www.ecosmart.com.au

Founded in 2003, EcoSmart operates in Sydney and Melbourne.

EcoSmart provides residential and commercial sustainability consulting services. This includes the provision of independent advice , installation for energy and water efficient products and services, and carbon offsetting.

7. GerrardBown

Website: www.gerrardbown.com.au

GerrardBown operates out of Melbourne.

GerrardBown is a sustainability strategy consultancy working in partnership with its clients to position them for long-term success.

8. tdaEnvironmental Consulting

Website: www.tdaconsulting.com

Founded in 2000, tda environmental consulting is located in Sydney.

tda is a sustainability service provider for any industry. In particular, tda is the principal environmental management service providers for film site locations within Australasia. tda is also market leaders in developing sustainability solutions for the energy, utilities and property sectors.

9. Umwelt Environmental Consultants

Website: www.umwelt.com.au

Founded in 1993, Umwelt operates out of Perth and Toronto, NSW.

Umwelt provides comprehensive services to assist its regional, national and international clients with diverse aspects of environmental planning, assessment and management.

10. Carbon Reduction Institute

Website: www.carbonreductioninstitute.com.au

The Carbon Reduction Institute (CRI) is based in Sydney and services clients from across Australia and overseas.

CRI is an experienced carbon management consultancy and offers a full suite of services to corporations, small businesses and individuals.

11. Third Ecology Architects

Website: www.thirdecology.com.au

Third Ecology Architects is based in Geelong, Victoria.

Third Ecology Architects are multi award winning, experienced and practical sustainability architects who specialise in architecture services, sustainability advice and consulting, energy ratings and BCA Section J reports.

12. Water Conservation Group

Website: www.watergroup.com.au

Water Conservation Group is located in Adelaide, Brisbane, Melbourne and Sydney.

Water Conservation Group provides a complete consulting, design and construction service to help business reduce water consumption, conserve potable water, and manage water resources.

13. SEE Sustainability Consulting

Website: www.seesustainability.com.au

Founded in 2005 by David Blyth in order to provide sustainability solutions to business, SEE Sustainability Consulting is based near Newcastle.

SEE Sustainability Consulting specialises in partnering with businesses to lower energy bills, lower greenhouse emissions, reduce waste management costs and lower water bills. SEE Sustainability Consulting also has a strong commitment to Corporate Social Responsibility.

14. Enigin

Website: www.enigin-wa.com

Founded in 2008, Enigin has offices in Western Australia, NSW and Queensland.

Enigin assists organisations around the world to address the growing problems of rising energy costs, dwindling energy resources and climate change by implementing proven energy saving strategies. Enigin provides a five step program called EnergyMaps™ that includes: 1) Automatic Monitoring and Targeting; 2) Staff education and incentives; 3) Energy Audit; 4) Implementation of Energy Saving Technology with guaranteed savings up to 40%; and 5) Implementation of renewable generation.

15. Neco Sustainability Consulting

Website: www.neco.com.au

Founded in 2004, Neco operates out of Sydney and Melbourne.

Neco offers a range of services for businesses looking to improve their sustainability practices, including: providing guidance on cultural change; assisting business maintain momentum and credibility; assisting businesses to change internal processes to better monitor environmental impacts; identifying and managing tradespeople, engineers and/or installers; selecting and acquiring carbon offsets.

16. Hayes Environmental Consulting

Website: www.hayesenviro.com.au

Founded in 2000, HEC is based in Sydney.

Hayes Environmental Consulting is dedicated to providing quality and cost-effective consulting services in the form of: environmental site investigations; soil and water quality assessments; hazardous materials surveys; and management of contaminated sites.

17. Sustainable Consulting

Website: www.sustainable.net.au

Founded in 2001, Sustainable Consulting is based in Perth.

Sustainable Consulting works with businesses, government, NGOs and community groups to help them achieve widely-valued economic, social and environmental outcomes.

18. Carbon Business

Website: www.carbonbusiness.com.au

Located in Adelaide, Carbon Business is a professional service provider for organisations taking up the opportunities and challenges of climate change. Carbon Business has alliance partners across Australia helping businesses to strategically position for the low carbon economy.

19. Aria Sustainability Consulting

Website: www.ariaps.com.au

Founded in 2000 by Rick Maddox, Aria Sustainability Consulting has its office in Elanora, Queensland (approximately 100km south of Brisbane and 10km north of Tweed Heads).

Aria Sustainability Consulting is a small Gold Coast based consulting engineering company providing advice on sustainability solutions for the built environment. Aria’s mission is to facilitate the uptake of economic sustainability solutions through the provision of the highest standard of professional consulting engineering services.

20. Greenbizcheck

Website: www.greenbizcheck.com

Located in Brisbane, Greenbizcheck is an environmental certification company which helps businesses to save money whilst reducing their impact on the environment and offsetting dangerous carbon emissions. Clients complete a checklist which prescribes the reduction of energy, waste and water usage. Once a rigorous benchmark is achieved, clients receive a high quality certification with offsets calculated by the Department of Climate Change.

21. Permaforest

Website: www.permaforest.com.au

Founded in 1997, Permaforest operates in the Northern Rivers/Gold Coast hinterland region of Australia.

Permaforest is an environmental land planning and design service provider. Services offered include rural development, environmental land planning & design, sustainability consulting, project management.

22. Ecowise Environmental

Website: www.ecowise.com.au

Ecowise Environmental has been operating nationally for more than 30 years, and has offices in Canberra, Sydney, Nowra, Newcastle, Moruya, Mudgee, Muswellbrook, Port Kembla, Brisbane, Gladstone, Mackay, Rockhampton, Hobart, Melbourne, Geelong, Bendigo and Wangaratta.

Ecowise Environmental provides water-related and environmental consulting services to clients across Australia. Its expertise includes: strategy development and research; planning and design; procurement advice; risk management and audit; environmental monitoring; and conditional assessments of natural assets.

23. HASSELL

Website: www.hassell.com.au

In Australia, HASSELL has offices in Adelaide, Brisbane, Bunbury, Darwin, Melbourne, Perth and Sydney. HASSELL also has offices in Bangkok, Beijing, Chongqing, Hong Kong and Shanghai.

HASSELL is a planning and design consultancy providing architecture, interior design, planning, sustainability and urban design services. HASSELL is a founding member of the Green Building Council and believes in being responsive to the climate, using resources and energy more efficiently, conserving species and fostering biodiversity, and minimising waste production.

24. Carbon Navigator

Website: www.carbonnavigator.com

CarbonNavigator™ is an online carbon management system designed by tradeslot Pty Ltd.

25. EcOz – VDM

Website: www.ecoz.com.au

EcOz Environmental Services is a fully Australian-owned and well respected environmental consulting business with 17 years experience in providing environmental services to industry, communities and government in northern and central Australia. The company was established in 1990. EcOz merged with the VDM Group in July 2006.

EcOz offers a range of environmental services including: assessment, reporting, auditing, development of management plans, risk assessment and surveys.

26. Earth Systems

Website: www.earthsystems.com.au

Founded in 1993, Earth Systems has offices in Sydney, Melbourne, Shanghai and Laos.

Earth Systems seeks and implements innovative and effective solutions to environmental problems. It has consulting, project management and research and development capabilities in the environmental sector.

27. Ecos Environmental Consulting

Website: www.ecosec.com.au

Founded in 1999, Ecos is based in Melbourne.

Ecos is dedicated to providing services in the areas of natural resource management, sustainable development and public health. Ecos provides a unique service to the water and environment industries throughout Australia, with an emphasis on technically challenging projects.

28. Coomes Consulting Group

Website: www.web.coomes.com.au

Founded in 1984, CCG has offices in Melbourne, Shepparton, Bendigo, Albury/Wodonga and Geelong.

CCG is a multi-disciplined firm of consulting engineers, surveyors, planners, landscape architects and urban designers. CCG has expertise in sustainable development practices.

29. Green Pass

Website: www.greenpass.com.au

Green Pass Australia was founded to address the rapid emerging need for Australian business to take action against climate change through the development of sustainable business practises. Green Pass Australia supports carbon dioxide reduction and through sustainability, offsetting and clean energy.

30. Impact Environmental

Website: www.impactenviro.com.au

Based in Port Macquarie, Impact’s key focus areas include: waste management, environmental education, training, and conferences.

31. Vim Sustainability Consulting

Website: www.vim.net.au

Founded in 2003 by John Brodie, Vim is based in Sydney.

Vim offers sustainable building design, construction and operational solutions on a range of construction projects including: single dwelling homes, apartments, multi-storey offices, hotels and shopping centre developments.

32. Australian Centre for Corporate Social Responsibility

Website: www.accsr.com.au

Founded in 2003, ACCSR serves clients in Australia from its office in Melbourne.

ACCSR helps organisations build performance and competitive advantage through responsible business practices.

33. Cundall

Website: www.cundall.com.au

Founded in 2003, Cundall is a leading ESD consultancy with 15 offices around the world. In Australia, Cundall has offices in Sydney, Melbourne, Brisbane and Adelaide.

Cundall provides services in a range of industry sectors including ecologically sustainable design (ESD), mechanical, electrical, hydraulic , fire and vertical transportation engineering. Cundall’s services broadly fall into the categories of planning, procurement, operation and metrics (rating tools and simulation).

List of consulting firms in Australia

AN IMPORTANT step towards obtaining a job in a consulting firm is to create a target list of firms that you would like to work for. This can be a very time consuming process.

With the view to saving you a couple of hours, I have prepared a list of consulting firms operating in Australia. This is not an exhaustive list, so if I have overlooked any good consulting firms (I have), let me know.

To make it easier to find the consulting firm you are looking for, consulting firms have been grouped in one of four categories: Strategy and general business, Human resources, Information technology, and Sustainability. Where a consultancy could have been placed under more than one heading, I have placed under the heading I thought was most relevant.

Although some of the consulting firms listed below operate internationally, I have created this list specifically for Australia, but don’t despair! I intend to create specific lists for other countries, for example, India, the UK, USA, Singapore, and China. I plan to do this over the next few months.

Of all the firms I looked at, I have only included the ones that appeared to be of good quality. If you have used any of these firms, please let everyone know what you thought of them – the good and the bad.

Since there are quite a few firms, I have broken the list down into four categories:

  1. Strategy and general business consulting
  2. HR (human resources) consulting
  3. IT (information technology) consulting
  4. Sustainability consulting

HR consulting firms in Australia 2008

HR consulting firms

THE list of HR consulting firms is part of the full list of consulting firms in Australia:

  1. Amazing Results
  2. Greg Bailey Consulting
  3. Inspiritive
  4. Maxumise
  5. Michael Page International
  6. Right Consulting

1. Amazing Results

Website: www.amazingresults.com.au

Amazing Results has its head office in Sydney and also operates out of Melbourne, Brisbane, Perth and Canberra.

Amazing Results is an Australian human resources consulting firm, which provides talent management, resume assistance, business mentoring and coaching, HR and performance assessment services.

2. Greg Bailey Consulting

Website: www.gbc.net.au

Founded in 2003, GBC is based in Melbourne.

GBC is a boutique consulting firm, specialising in the fields of contact centre management, service delivery, and customer service training.

3. Inspiritive

Website: www.inspiritive.com.au

Founded in 1992, Inspiritive is located in Sydney and Melbourne.

Inspiritive is a training and consulting company specialising in the development, teaching and application of Neuro-Linguistic Programming (NLP).

4. Maxumise

Website: www.maxumise.com.au

Founded in 1996, Maxumise has offices in Sydney, Fiji and London.

Maxumise provides organisational and human resource consulting services.

5. Michael Page International

Website: www.michaelpage.com.au

Founded in 1976, the Group operates through 149 offices in 25 countries worldwide. In Australia, Michael Page operates in Sydney, Melbourne, Brisbane and Perth.

Michael Page is a leading professional recruitment consultancy specialising in the recruitment of permanent, contract and temporary positions on behalf of the world’s top employers.

6. Right Consulting

Website: www.right.com

Founded in 1980, Right Consulting operates in over 300 locations across 50 countries. In Australia, Right Consulting operates in Adelaide, Brisbane, Canberra, Melbourne, Perth and Sydney.

Right Consulting helps companies to attract and assess talent, develop and train staff, engage and align people with organisations, and help to provide outplacement initiatives.

IT consulting firms in Australia 2008

THE list of IT consulting firms is part of the full list of consulting firms in Australia:

  1. The DLA Group
  2. JDCA Technology Dimensions
  3. Red Prime Media & Communications
  4. SMS Management & Technology
  5. Wiliam

1. The DLA Group

Website: www.dlagroup.com.au

DLA is located in Sydney.

The DLA Group is an IT consulting, software development and distribution company. DLA’s clients include many multi-nationals, government and vertical market software development groups who rely on DLA for strategic IT advice, technical support and knowledge management software.

2. JDCA Technology Dimensions

Website: www.jdca.com.au

Founded in 1984, JDCA operates out of Sydney.

JDCA Technology Dimensions specialises in the provision of technology-related services to small to medium enterprises.

3. Red Prime Media & Communications

Website: www.red-prime.com.au

Founded in 2006, Red Prime Media & Communication, originally called Summer Internet, is located in Melbourne.

The primary interest of Red Prime is in web consulting and web marketing for international businesses, helping them bridge businesses between China and Australia. Red Prime specialises in multi-lingual websites.

4. SMS Management & Technology

Website: www.smsmt.com

Founded in 1986 on the basis of three core rules: add value, maintain unity and enhance reputation. SMS has offices in the ACT, Sydney, Melbourne, Brisbane, Mackay QLD, Mawson Lakes SA, and Singapore.

SMS claims to be Australia’s largest publicly listed Management Services Company, providing consulting, resourcing and technology services to Australian and international governments and corporations.

5. Wiliam

Website: www.wiliam.com.au

Founded in 1997, Wiliam is based in Sydney.

Wiliam is a leading Australian web site design, development, strategy and online marketing firm.