DR Allan Trench has been exposed to the inner workings of Australian mining and exploration companies for three decades – including ten years’ experience as a director.He brings this knowledge and experience together in this entertaining and informative book. Strictly (Mining) Boardroom II is a further mix of boardroom practice, resource sector management and investment observations and discussion, written in Trench’s trademark dry humorous style.
Many of the subject themes covered in this book end in a series of questions for readers either to think about, to apply, or even to rate their own organisations. Underpinning each theme is an in-depth understanding of the strategic issues and choices being faced by mining companies today. All these ingredients blended together provide for an insightful analysis and greater understanding of Australias mining sector. It takes unique skills to lead a resources company. When you understand what goes on in the boardroom, you better understand the company you are working for or investing in.
It has now been over three years since the publication of the companion book to this one Strictly (Mining) Boardroom – Management Insights from Inside the Resources Sector. Those three years have proven to be very difficult ones for the resources industry in general – and especially for the smaller exploration companies within the sector who have struggled to maintain meaningful activity in the face of dwindling investor support. Excessive pessimism prevails across the sector at the time of writing.
With that backdrop however, there is perhaps no better time to release this book as a form of call-to-arms to the entire resources sector at both an individual and collective level to ‘lift our game‘. The challenges from lower commodity prices only serve to amplify both the need and opportunity for us to improve as an industry.