Integrating Risk, Reward, and Resilience into your development & place shaping strategy Ft Sir Chris Haworth

In this episode, host Matt Masters sits down with the esteemed Sir Chris Haworth to delve into the intricate balance of risk, reward, and resilience in development and place shaping strategies. Sir Chris shares his expertise on how to navigate the complexities of policy-making in a world where economic shocks have become more frequent and unpredictable.Drawing from a wealth of experience, Sir Chris introduces the Risk, Reward, and Resilience Framework, a tool designed to help policymakers and industry leaders make informed decisions that account for the interconnected nature of modern economies. He discusses the importance of understanding the drivers of each element and how they can impact policy choices.The conversation covers practical applications of the framework, including case studies on the COVID-19 supply chain shock and economic interdependence issues, such as China’s economic coercion of Australia. Sir Chris emphasizes the need for adaptability and forward-thinking to build resilient systems that can withstand and recover from future challenges.Listeners will come away with a deeper appreciation for the nuanced considerations involved in policy-making and the value of integrating a holistic approach to risk, reward, and resilience in their own strategies.