Tag: Investment


Public value account for infrastructure

Bringing infrastructure investment to account

Is infrastructure spending creating sustainable public value? How can we tell? Perhaps public value accounts are a timely and valuable lever to enhance the calibre of public debate, project investment decisions and support for better public sector practices. “Do we need ribbon-cutting infrastructure for jobs and growth?” It’s the question the Grattan Institute’s Hugh Batrouney asked recently [1], arguing that “we shouldn’t be fooled into...

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Mind-sets create infrastructure investment blind spots

Mind-sets thwarting infrastructure investment

More money won’t address the shortfall of good infrastructure projects. Better planning and governance arrangements will help, but a shift in mind-sets is the key. Many people in the infrastructure ‘community’ are captured in a false narrative and mind-set. Better approaches are being overlooked as effort goes into solving the wrong problems. It’s possible to create lower risk, lower cost infrastructure that delights customers and...

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Productivity

Achieving a 700-fold ROI

“What a terrific result! We need to apply this approach to all our projects.” That was Don’s enthusiastic response. He was a mining executive who’d just recognised a 700-fold return on his investment. So what had Don invested in – advanced geological mapping, new high-technology driverless trucks, off-shoring of engineering design work? No. He’d invested in a workshop to review the company’s design of a...

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