During 2013 the Board decided to implement its plan to establish a Scholars Network. Known as the Industry Leaders Fund Scholars Network (ILFSN), an inaugural meeting was held in April 2013.
The ILFSN is organised by a committee that has worked to establish strong foundations for the future in a very short time. The inaugural Chair for two years until February 2015 was Anthony Kittel. Eddie Lane took over from Anthony. In February 2017 Kris Lloyd took over from Eddie Lane, Steve Todd step down as Treasurer and became Vice Chair and Marc Allgrove is the new Treasurer. The other members of the committee are Kelly Keates, Stephanie Morris, Shane Kelly, Emilio De Stefano, Darren Turner and David Hart. ILF Honorary Vice President Richard Colebatch and ILF CEO Geoff Vogt represent the ILF at committee meetings, which are held three times a year.
The ILFSN holds two cocktail functions each year with a keynote speaker, and member networking opportunities. High quality speakers such as Nigel Smart, the COO of the Adelaide Football Club; John Kain, the chairman of Blue Sky Alternative Investments Ltd, capitalised at $350m; Rear Admiral the Honourable Kevin Scarce AC CSC RAN (Rtd), Royal Commissioner for the Nuclear Fuel Cycle Royal Commission; Andrew Downs managing director of Sage Group Holdings; Paul Crawford joint managing director of the CMV Group; Bob Kennedy, professional company director and many more have addressed ILFSN functions. At these cocktail functions members have been able to compare notes about their courses, the resultant learning, and more importantly their current business experiences and conditions more generally.
There have been two, fun social drive days, one hosted by BMW held in June 2016, incorporating lunch at Maxwell Wines, McLaren Vale. The other hosted by Mercedes Benz held in September 2017 included lunch at the Uraidla Hotel.
The members have expressed a strong interest in supporting the ILF objectives of expanding the leadership talent in South Australia, increasing the number of head offices here, and in turn growing the wealth-creating capacity of the SA economy.
The ILFSN holds training seminars during the year. The first one was held on 1 July 2015, the Network held a half day of training focusing on ‘Presenting Powerful Messages’ delivered by Kelly Nestor and Helen Tiller, and ‘Understanding the Media’ delivered by Ron Kandelaars. There was no cost to members due to generous sponsorship from the Commonwealth Bank, and Flinders University who allowed us to use their excellent facilities at Flinders at Tonsley. This training seminar was so popular, it was held again the following year.
In 2017 two half day training seminars were held free of charge to the Scholars, thanks to generous sponsorship from William Buck. In February ‘Personal Business Tune Up’ was presented by Laura Carrocci and followed by ‘Risk Management 101 for yourself’ presented by Sarah Bartholomeusz. Then in November, David Griggs facilitated ‘Strategies for More Effective Public Speaking, Pitching and Presentation Skills’
In September 2016 the ILF launched an executive roundtable for Scholars. Half day meetings are hosted by each member in turn at their business. Feedback has been very positive.
The ILFSN developed a mentoring program with support from Deloitte. The launch took place in October 2016 and the first round concluded with a wrap up function in October 2017. Both functions were held at and hosted by Deloitte Private Business on Fullarton Road. There were a total of 20 Mentor/Mentee matches arranged, with very positive outcomes reported from participants.
The Industry Leaders Fund believes the Network is an important value-add for Scholars, and thanks the committee for their contribution to ensuring its success. Quite a number of applicants indicated potential membership of the Network was a prime motivation for their application. In the long term, the ILF looks forward to seeing the ILFSN evolve as a well-recognised contributor to the development of a strong business base in South Australia.