New chair for transformational association AusTTA

Kyle Loades
KYLE LOADES
Australian Transformation and Turnaround Association - Chair
APPOINTMENT
AUSTRALIAN TRANSFORMATION AND TURNAROUND ASSOCIATION
Date: April 2019
Position: Chair

The Australian Transformation and Turnaround Association (AusTTA) has appointed Kyle Loades as its new chair.

AusTTA's aim is to professionalise and qualify the role of transformational leadership.

Loades, who has two decades' experience across the commercial, community and public sectors, is currently a non-executive director of Credit Union Australia, chair of Drive Yello, chair of Hunter Medical Research Institute, and a conjoint professor in the Faculty of Business and Law at the University of Newcastle. Previously, he served as chair of the NRMA.

In taking on the role of chair, Loades said one of the greatest problems Australia faces today is to overcome entrenched leaders' dislike of change.

"The increasing convergence between physical and digital businesses globally are reshaping the nature of competition.

"Global economies are increasingly shifting from supply-side economies based on the production and distribution of products and services to demand-side economies that are anchored in customers and communities. These shifts together with the emergence of a range of technologies and channels are fundamentally changing the nature of business.

"It requires both;
* the adoption of emerging digital technologies that are transforming the customer experience, operational processes, and business models; and
* new leadership capabilities that can support how the organisation manages the digital transformation.

"These shifts will be the foundations of prosperity in the 21st Century," he said.

Loades replaces Adam Salzer OAM, who co-founded the association and is returning to his global transformational advisory practice.