About Andy

I am a 35 year old IT Manager in the finance industry. I am a computer programmer by trade, but spend more times in meetings now than programming! I am currently half way through a Master of Business Administration with Adelaide University, South Australia. I am a firm believer in the power of merging traditional business theory with the more modern mantras from the start-up world. I have a lovely wife, Eve, who encourages (and has patience for) my late nights and early mornings spent studying or working. We have two boys - Archer & Oren. My LinkedIn Profile is here http://www.linkedin.com/in/mrandrewforbes and my Twitter handle is @MBANights

ANZ Innovyz Demo Day Live Blog

The ANZ Innovyz Demo Day, 18th of April, 2013. The ANZ Innovyz Start is an accelerator program for innovative startups located in Adelaide, South Australia.

This blog post is my live blog of the ANZ Innovyz Demo Day.

What is demo day? See http://www.innovyzstart.com/what-is-demo-day-jana-matthews-explains

I thought all the companies did a great job! To read how it all happened, see below!

Continue reading

Leadership Lessons From Game of Thrones

With the start of Game of Thrones Season Three only hours away it is a good time to revisit and update one of my old blog posts 4 Leadership Lessons From Game of Thrones.

When I originally read the five available books in George R.R Martin’s ‘Song of Ice and Fire’ I found myself thinking about the leadership and life lessons that could be extracted from the series. Quotes like ‘Kill the boy’ haunted some of my more boy-like decisions, and Ygritte’s ‘You know nothing Jon Snow’ played through my head whenever I took issue with a management decision.  I would reflect on the possibility that many more factors were at play than I could see, and that I still had some distance to travel in my journey to be a more effective person (and leader).

So here is my list of seven leadership lessons from Game of Thrones, expanded from my original list of 4: Continue reading

3D Printers at Innovation Lab Adelaide

I’ve been following the rise and rise of 3D printing over the last year and a bit. The idea of of every home having its own 3d Printer to make all kinds of objects compelling. Imagine being able to make your own things – toys, utensils, car parts, iPhone cases, anything, with similar ease to how we print out a document now. That’s what the hype is promising and much more.

Recently I read about a 3D printed dress, a 3D printed skull implant, and even a 3D printed house. I figured it was about time I went to find out what all the fuss was about.

3D Printers at Innovation Lab Adelaide

Photo of a Makerbot at the Innovation Lab

3D Printer At Adelaide City Councils Innovation Lab

Continue reading

Minimum Viable Product – You’re getting it (partially) wrong

MVP. Minimum Viable Product.

Terminology from the startup world is finding its way into the language of Business. Managers are latching onto the key words such as pivot, disrupt and the idea of the minimum viable product.

Unfortunately, few managers fully understand what each means to the startup world. The idea of the minimum viable product is widely misunderstood. It’s pretty easy to get most of its meaning, but unfortunately the point gets missed.

About the Minimum Viable Product, Eric Ries in his book ‘The Lean Startup‘, says: Continue reading

Social Media Marketing – Mal Chia

Social Media Marketing

This is the second in a series of posts from Adelaide University’s MBA Entrepreneurship Intensive program.  Professor Becky Ruber has kindly allowed me to sit in on the guest speakers arranged for students in her course.

On Friday the 1st of March, the guest speaker was Mal Chia from NoQ:

Mal Chia – Digital Marketing Manager@ NoQ (noq.com.au)

Mal Chia is working as the Digital Marketing Manager at the Adelaide startup NoQ.  He has a Masters in Commerce (Marketing) from Adelaide University and is one of South Australia’s most respected digital marketers. Continue reading

MBA Reading List

MBA Reading List 2013
From a studying perspective, the more widely read you are, the more possible sources of information and references you will have. But the reason to read is bigger than just better marks or an easier time finding references-

Reading is one of the ways you can level-up

By level-up, I mean, improve yourself, to be and contribute more. Think and grow.

Are you reading something currently? There are so many books that finding the right one to start reading can be hard. So if you’re currently without a read, don’t worry here’s my reading list. I’m sure you’ll find something worth your time.

The MBA Reading List

1. The Startup Owners Manual – Steve Blank and Bob Dorf Continue reading

RBA Bank – Dr Guy Debelle @ UniBreakfast

RBA Bank – Dr Guy Debelle presenting at Adelaide University’s UniBreakfast on the 26th of February 2013.

UniBreakfast with Assistant Governor of RBA

Adelaide University has arranged for Dr Guy Debelle of the Reserve Bank of Australia to speak at an exclusive breakfast seminar, part of their UniBreakfast series of events. Dr Guy Debelle works as the Assistant Governor (Financial Markets) at the RBA bank, so it will be very interesting to hear what he has to say. You can read more on him here.

The headline for the event is :

“Hear about the effect of the exchange rate on the economy, what the RBA does each day in the money and fx markets and how this flows through to borrowing rates and mortgage rates.”

I’m told there are over 120 pre-registered attendees, and representatives from the media will also be present. Sounds great!

If you would like to be kept up to date, from 7:30am (Adelaide time) I will be providing live updates throughout the seminar, via this blog post. So check back or refresh your browsers to receive the latest version.

Also, you can contact me during the event via email andy@forbessa.com, or by posting comments on this page.

Event Start Continue reading

Live blogging @ UniBreakfast, 26/02/2013

Hi All,

Tomorrow morning I will be live blogging the UniBreakfast with Assistant Governor of RBA event from the National Wine Centre in Adelaide, from 7:30am.

For more details on the event please see https://blogs.adelaide.edu.au/mba/2013/01/31/26-february-2013-unibreakfast-with-assistant-governor-of-rba/ for more details on the event.

If you are going and see me there, please come up and say hi! Otherwise, check back later and see how my first live blogging attempt worked out!

Thanks

Andy

Adelaide Startup Ecosystem and ANZ Innovyz

On the weekend I attended an interesting talk by Dr Jana Mathews at Adelaide University. She touched on many facets of innovation and entrepreneurship  but of most interest to me was her discussion on the Adelaide Startup Ecosystem and ANZ Innovyz’s work in South Australia.

Firstly, on Dr Jana Mathews. She is an expert in her field of entrepreneurial leadership and business growth. She has a doctorate from Harvard, is co-author of several books (such Lessons from the Edge and Building the Awesome Organization). From Colorado, she has recently been spending significant time in Adelaide as the Managing Director of ANZ Innovyz START program – a 13 week startup accelerator modelled after the US TechStars. Continue reading

Managerial Finance Strategies to Add Value

High level overview of some managerial finance strategies to add value to your organisation. Covered as part of MBA subject Managerial Finance (2013).

Managerial Finance Strategies to Add Value

The following strategies to add to the net present value (NPR) of a company by altering the cash flow for the better.

Add Value by Maximising Existing Assets

With an existing asset you can:

Increase revenue by either higher sales numbers (make & sell more), or by raising your prices (charge more). The other side of the coin is the decreasing the expenses incurred when using the asset. Find ways to use less resources through greater operational efficiency and seek lower the prices of raw materials and asset support services through tighter procurement. Continue reading