Andrew Banks Quotes

101 Andrew Banks Quotes

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[In May 2011 on after the dotcom boom consultants recommending outsourcing which eventually got down to the hr department/recruitment/payroll functions.] Do you really need 1,000 or 2,000 people in your hr department? Boards were having that dialogue and I saw a business opportunity there and that was what brought about Talent2.
Andrew Banks

[In May 2011.] Talent2 we’re in year seven just the beginning of year seven and we’re about a $300 million business – just over. And we’re listed on the ASX, market cap’s about $260 million. Two-thirds of it is outsourcing – payroll/recruiting – as planned and we’re in 20 countries.
Andrew Banks

[In May 2011.] I’m living in Hong Kong a fair bit of the time… I enjoying that journey.
Andrew Banks

[In June 2011.] We have a limited workforce… It will accelerate structural change and it will force government and business leaders to think about ‘What kind of jobs can we actually afford to have in this country?’ It’s been going on for twenty years.
Andrew Banks

[In June 2011 on human’s with regard to disliking a change of a job, a suburb or the like.] We’re stubborn.
Andrew Banks

[In June 2011 on places having a 10% unemployment rate when the national average was only 5%.] We’ve got to find ways of moving work to people and transitioning them to the workforce.
Andrew Banks

[In June 2011 on employees not necessarily staying at the same company for 30 years and companies needed to accept people back by having a revolving door.] Where’s the Vinyl record company?
Andrew Banks

[In June 2011.] For the first time in 400 years, Asia doesn’t just have half the worlds people, it has half the worlds GDP. The population growth and the economic growth. We are in the middle of that.
Andrew Banks

[In June 2011.] China which may become old before it gets wealthy. You’ve got huge changes going on.
Andrew Banks

[In June 2011.] In this modern post-industrial age, it’s people that make a difference. It’s the thing that adds the competitive advantage to any business.
Andrew Banks



[In June 2011.] I like to think of Talent2 as a movement and not just a company. And I think we can make a difference…
Andrew Banks

[In June 2011.] Organisations have to be very flexible and adapt.
Andrew Banks

[In August 2011 on Australia’s domestic conditions.] To the pessimist’s who say that unemployment will rise here sharply, I don’t agree. You’ve got to look at the demographics and in Australia we’ve got a record number of people now moving towards retirement so the participation rates are pretty low. And unless someone dramatically increases immigration, I think there’ll still be dramatic skill shortages in this country.
Andrew Banks

[In August 2011.] It’s much better to take an existing employee and make them more valuable make them grow it’s helps retention and it improves productivity. If you can invest in your own people it’s always the best way to start. But if you’re a fast growth company you’ll need extra talent as well.
Andrew Banks

[In August 2011 It’s not about pricing.
Andrew Banks

[In October 2011.] The differentiator in the new world will be people.
Andrew Banks

[In October 2011.] Over 50% of the world’s population is under 30. Many of today’s students will work in roles that have not yet been invented.
Andrew Banks

[In October 2011.] Human capital is being added to the balance sheet.
Andrew Banks

[In October 2011.] The traditional business model is changing… only 30% of the original Fortune 500 still exist today.
Andrew Banks

[In October 2011.] KPIs for the new talent economy: Happiness, Satisfaction, Work-life balance, Self-worth.
Andrew Banks



[In October 2011.] People are the great differentiator, and the greatest asset.
Andrew Banks


Bonus

[In February 2004.] We have never believed in retirement. Retirement is a waiting room for people to die.
Geoff Morgan

[In September 2004.] We're not just recruiters, we are entrepreneurs who knew we could do a better job than those in the industry.
Geoff Morgan

[In November 2005 on leadership and why it’s so vital to have the right person heading the pack.] A fish always smells from the head first.
Geoff Morgan

[In November 2005.] Leadership is everything. There's so much talk about it at the moment because it's such a difficult thing to get - it's elusive.
Geoff Morgan

[In November 2005.] Andrew [Banks] and I always said we create the dust, we don't eat it. We were like a vehicle with a big windscreen and no rear-vision mirrors. We set our vision, the culture and the pace, and we wanted others to follow.
Geoff Morgan

[In April 2004 on Andrew Banks and Geoff Morgan.] They have an outstanding reputation for who they know.
One recruitment agent

[In June 2012 on her father Andrew Banks.] My dad is obviously a successful entrepreneur and he is one of the hardest workers I have ever met. He worked harder and longer than everyone else. I do the same: if you arrive on set, do everything and remember that it's not about you.
Sophia Banks-Coloma



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