Thursday, October 9, 2008

Economics Reform - Shann Turnbull Ph.D - 10-01-08 - Air date

Dr Shann Turnbull - Principal - International Institute for Self-governance

Biography Shann Turnbull researches and teaches corporate governance in Australia on a part time basis for the Macquarie University Graduate School of Management where he obtained his PhD in 2001. His PhD thesis showed how the science of control and communication in the animal and the machine could be extended to organisations to create a science of governance as presented in his articles. His thesis built upon his education as an electrical engineer in Tasmania, BSc from the University of Melbourne and an MBA from Harvard.

From 1966 to 1974 he was a founding partner in a private group that gained control of over a dozen publicly traded corporations in Australia. This gave him experience as a controlling shareholder, company director, chairman of one company, and CEO of two others. As a serial entrepreneur founding new enterprises, some of which became publicly traded, he gained further experience as a Chairman and CEO. He also became joint CEO/owner of a mutual fund management company. In 1975 he founded the first educational course in the world to provide an educational qualification for company directors and published his first book on Democratising the Wealth of Nations. The novel ideas in his book led to consulting assignments for multi-national corporations, United Nations, World Bank, and governments, including in 1991 the Peoples Republic of China and Czechoslovakia.

Since 2001 he has been rating the governance of the largest 100 organisations in Australia by turnover and introduced an MBA elective at Macquarie University on evaluating and designing the governance architecture of organisations in the government, non-profit and private sectors. His latest book was commissioned by the New Economics Foundation in London and published in 2002 as A New Way to Govern; Organisations and society after Enron.

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