Wesfarmers' boss in 'bold' quest to find new growth, but from where?

By Elizabeth Knight
Updated September 20 2014 - 8:08am, first published 7:44am
‘There is no doubt that Wesfarmers is on a mission to find growth. But how long it has to achieve this outcome is hotly debated.’
‘There is no doubt that Wesfarmers is on a mission to find growth. But how long it has to achieve this outcome is hotly debated.’
Group earnings may fall but the earnings of the flagship Coles supermarkets are expected to grow.
Group earnings may fall but the earnings of the flagship Coles supermarkets are expected to grow.

Crown Towers, the hotel at James Packer's glitzy Melbourne casino, seemed a slightly incongruous venue to host the two-yearly Wesfarmers' management retreat last week. The message delivered to the 400-strong team by its boss, Richard Goyder, was even more eyebrow raising. "Be bold. You can make mistakes - but not many."

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