'Courage needed' to make tough business decisions | Sky News Australia

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Outgoing CEO of MYOB Tim Reed says courage is needed to make tough decisions in business in terms of both customers and investors.

“We had to make bets about the future, thinking out three to 10 years, and to think about what the business environment will be like then and what our clientswill need for us to remain relevant,” he told Sky News business editor Ticky Fullerton.

has shifted from a provider of desktop solutions with less than 100,000 Australian businesses to providing accounting software for over 800,000 subscribers. Image: Getty

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MYOB was ground breaking in its day. Who remembers Lotus 123? I rest my case !!

The question is - did he consciously decide to ruin MYOB?

Nothing like waking up getting $1,100.00 annual MYOB subscription taken out of your bank account with no reminder. In fact, I am sure the salesman gave me misinformation when renewing last year.

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