“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...
“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...
“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...
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Tall Poppy Syndrome<br />
Ways in which the Tall Poppy Syndrome inhibits entrepreneurship:<br />
• Not expressing/advertising how good others are – not celebrating others<br />
successes<br />
• in which the Tall Poppy syndrome inhibits Adelaide’s entrepreneurs<br />
• Not expressing/advertising how good you are Fostering a culture <strong>of</strong> blame<br />
• No one is allowed to win<br />
“Oh yeah, but you know that’s part <strong>of</strong> the game. Call it what you like but once you get up<br />
on top people will knock you <strong>of</strong>f – but at long as you get up and start climbing again they<br />
will get behind you.”<br />
Paul Hogan, Who Weekly, April 9, 2001<br />
Adjectives used by folks from Adelaide to describe the Austin visitors: and Austin’s<br />
entrepreneurial environment<br />
• Optimistic<br />
• Positive<br />
• High Energy<br />
• A Can-Do Attitude<br />
What are the international perceptions <strong>of</strong> Adelaide? South Australia is seen as a<br />
geographic location, not a State.<br />
Adelaide Negatives/challenges:<br />
Only cities on world’s radar are Sydney and Melborne<br />
1993? State Bank Collapsed – disaster for business and psyche, govt. shed staff<br />
Adelaide the place to retire.<br />
Negative perceptions (within Australia) as a place <strong>of</strong> business and investment<br />
opportunities – the “last place” to invest in business opportunities or start a business –<br />
hard to achieve sales, low margins, hard to recruit and retain talent/staff, low business<br />
confidence in Adelaide, high transportation costs, Focus group held by city the<br />
conclusion was that “there are NO positives related to business”<br />
Perceptions by public and private pr<strong>of</strong>essionals who live and work in Adelaide include<br />
the region being a place that is difficult to recruit and retain technology firms and talent,<br />
entrepreneurs and mid-career pr<strong>of</strong>essionals, and to grow globally competitive firms.<br />
Adelaide “slowly” coming back, still cautious, still losing its youthful population, still no<br />
belief <strong>of</strong> the future <strong>of</strong> Adelaide, culture <strong>of</strong> modesty and lack <strong>of</strong> promotion, very skeptical<br />
<strong>of</strong> hype -<br />
Adelaide assets:<br />
30 Years <strong>of</strong> Festival <strong>of</strong> the Arts<br />
City <strong>of</strong> churches – with the right spin a city <strong>of</strong> tolerance and diversity<br />
City <strong>of</strong> parks<br />
Beautiful coastline<br />
Barossa Valley – vineyards – won national wine center<br />
Heritage and architecture<br />
Natural beauty, hills<br />
COMMERCIAL IN CONFIDENCE<br />
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