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Apple's Tim Cook on the Digital Future PLATINUM 70 MAGAZINE ANNIVERSARY COLLECTOR’S ISSUE AUGUST 20, 2021 SPECIAL EDITION APPLE’S TIM COOK ON THE DIGITAL FUTURE “Technology needs to rebuild your trust.” MACQUARIE Ivan CEO SHEMARA GLASENBERG WIKRAMANAYAKE Catherine LIVINGSTONE ON TAKING Michael RISKS HINTZE Jac John Howard NASSER COMFORTABLE Greg BUT NOT NORMAN NECESSARILY Robyn RELAXED DENHOLM Simone YOUNG Paul Keating “I DIDN’T HAVE TO HAPPEN. FRANK BUT I DID.” LOWY’S LIFE IN ISRAEL Baz Luhrmann ELVIS ON THE THE MODEST MEMBER GOLD COAST: CAN’T & HELP FALLING PIP PIP! IN LOVE PIERPONT’S BACK Turning points The moment everything changed ... ... and how it will change again. We asked 10 Australians, all of them global leaders in their fields, to tell us about a time that was transformative in their lives. We then asked for their prediction as to what might come next. Robyn The moment everything Hornsdale Power Reserve rivers and landfill with changed in South Australia, the those pollutants. Denholm The first is more personal, biggest battery in the Thinking specifically CHAIRMAN OF TESLA when I was moving to the world at the time, was a about Australia’s US from Sydney in August significant proof point opportunity, we’ve got 2001 with my two children. of battery storage as a an abundance of natural AS SPOKEN TO James Thomson, I was taking up the role firming technology for advantages of sunshine, Sally Patten, of VP of finance of the renewables by helping wind and hydro, and Jonathan Shapiro, global service business at the state to manage a dire we also have many of Philippa Coates AND Sun Microsystems. Here issue with its electricity the resources that go Matthew Drummond I was, the daughter of grid. What has followed into building renewable small-business owners, I’d has been amazing. energy systems. Costs will ILLUSTRATIONS BY Sam Bennett gone to a garden-variety Every major vehicle continue to decline over public school in the manufacturer globally time due to the intense south-western suburbs of has announced an electric focus on technology Sydney, and I was now in vehicle program, and advances in solar, wind charge of the finances of batteries as an integral and batteries. So we’re in a a huge organisation with part of renewable energy good position to rewire the thousands of employees systems have now become economy to produce cheap across 170 countries. I the firming product of renewable energy, and to had joined the company choice. form the foundations of in Sydney in 1996 when the future of industries no one really knew what The moment it will such as advanced it was and I got to be part change again manufacturing, mining, of the whole dotcom Definitely the transition to value-added agriculture, transformation. That was renewable energy and the production and the a pivotal time for me. electrification of transport technology sector. I think The other moment will become the default, we could see Australian would be the tipping and the next generation businesses leading in this point in the sustainable will look back on this space in the future. energy industry in 2018. period and ask ‘What were Tesla delivered more than they thinking to pump CO₂ Denholm has been on the 240,000 vehicles that into the air?’, just like we board of Tesla since 2014 year, built at our factory look back at the industrial and chairman since 2018. in Fremont, California – era of the 1920s to ’70s and Sheisalsoanoperating almost as many as all prior wonder what were they partner of venture capital years combined. Plus the thinking poisoning our firm Blackbird Ventures. 20 PLATINUM MAGAZINE Turning points Ivan is reaping enormous Greg Norman same mindset to think out Glasenberg economic benefits for 10 years, 25 years, even Australia because there GOLF LEGEND, CHAIRMAN 200 years. You’ve got to FORMER CEO OF is no major competitor ANDCEOOFTHEGREG protect your brand, and GLENCORE, THE WORLD’S besides the Brazilians. NORMAN COMPANY brand integrity is critical BIGGEST COMMODITIES China produces very little for me. TRADER iron ore. However, iron ore will Themomentitwill start being produced by change again the Chinese in Guinea The moment I see the big change ahead at the vast Simandou everything changed in connectivity with golf The moment project. With the It was 1992 to 1993. I’d carts and that is going everything changed geopolitical debate that been No.1 player in the to open up a whole new In the early ’90s, the is going on between world for a while and a world of gamification and Australian coal price China and Australia, the management company gaming. collapsed to $18. The Chinese may try to make was representing me with Icameupwiththe industry was very that happen faster than all my endorsement deals. idea six years ago. I put a fragmented with lots of previously anticipated. I came to a realisation 10.1 inch screen in carts different owners – Exxon They are going to most that I was a pass-through – so you and I could be and Caltex were some of likely achieve 200 to entity for them, in other playing golf in cart 43 and the big names alongside 250 million tonnes [per – to market. Funding words there was always our friends are playing six smaller operators. The annum] out of Guinea. Catherine the gap between the going to be another holes ahead of us. We can industry was under real When that happens, Livingstone research phase and the Greg Norman coming start gambling with each pressure. Everyone was Australia is going to development phase is through. I thought, you other on who’s going to do short of cash, and we were have to decide what to CHAIRMAN, critical. know what? I’m not what – from cart to cart, pre-financing several do: compete or cut back COMMONWEALTH BANK Cochlear then also took going to re-sign with this golf course to golf course, companies against their production to avoid OF AUSTRALIA a whole of system view; management company. across the country, stockpiles. oversupplying the market it didn’t simply develop I’m going to go out and around the world. There Then the idea came that and depressing the and sell implants to ear, start my own business. are 5500 golf courses instead of pre-financing price. This would mirror nose and throat surgeons. I’d never had any in the United States, so companies, why not buy Glencore’s core strategy of It worked with the whole experience. I subsidised there’s 16,000 carts. That’s the mines and try to value over volume. The moment system from specialists, my office, recruited close to 620 million hours consolidate the industry? everything changed audiologists, speech people that I knew youhavepeopleonyour That would give us a more South African-born As part of an Eisenhower pathologists, university were like-minded, and I deviceonanannualbasis competitive footing with Glasenberg this year Fellowship in the US researchers, recipients, developed my company just on the golf course. our customers who were stepped down as CEO of in 1999, I attended a parents of recipient Great White Shark So you just think about mainly based in Japan. It Glencore after almost systems dynamics children, and advocacy Enterprises, which the gaming side of things, would be harder for them two decades at the helm. course at Massachusetts groups, to government is now Greg Norman how we can morph that to play each producer He took out Australian Institute of Technology. reimbursement Company. I built it into out. It’s not an idea, we’re against each other. That citizenship when he moved The course provided a authorities, all brought where I am today, with 12 making it a reality now. was a big turning point, to Australia in 1986 to deep understanding of together providing different divisions from which helped transform head Glencore’s Asian how a system actually valuable input. I have real estate to consumer Greg Norman spent 331 us from being a pure coal division and has been works, especially the been an advocate of products to clothing, golf weeksastheworld’sNo.1 trading company into a fixture at the top of the importance of identifying system thinking ever course design, health and golfer in the 1980s and 90s. owning major mining Rich List – placing 12th the underlying causal since. wellness to education and He runs his $400 million operations. with a $7.39 billion fortune and feedback loops. The investment portfolios. business empire from in 2021. He almost never most compelling case The moment it will When you reach the Florida, USA, but plans The moment it will gives interviews. study examined the change again upper echelon of sport on returning to live in change again policy response to HIV- During the past year there or business, you’ve got to Australia within the next You need to watch the AIDS, where the actions has been an increasing takealookaroundyou five years. • iron ore market closely. appeared appropriate in focus on bitcoin. However, andseewho’sinyour There are going to be the first instance, but were the bigger point is the inner circle, who wants major changes. At the found to have unintended emergence of new to be in your inner circle, moment the commodity and very damaging forms of private money and do they have the consequences because – cryptocurrencies and feedback loops had not stablecoin constructs that been identified. [unlike Central Bank- That’s when the issued public money] light bulb went on. I are not regulated and recognised that Cochlear are provided on digital came into being because platforms, enabling then industry minister broad-based adoption.
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