Wake Up to Money Succession Settled
Sep 9, 2025
Harriet Kelsor, founder of Harriet Kelsor Jewellery, shares her journey into employee ownership for future planning. Andrew Dodd of the Centre for Advancing Journalism dissects the recent succession battle in Rupert Murdoch's media empire, revealing family dynamics and market implications. Meanwhile, Andrew Nelstrop from the English Distillery celebrates producing England's first-ever 18-year-old whisky, highlighting the distillery's remarkable milestone and the growth of the local whisky scene.
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Employee Ownership Trust Celebration
- Harriet Kelsor describes converting her jewellery firm into an employee ownership trust completed in June.
- Staff celebrated with champagne because the trust secures their future and grants involvement in decisions and profits.
Involve Long-Serving Staff In Succession
- Involve long-serving staff when planning succession to preserve institutional knowledge and continuity.
- Appoint trusted internal leaders to smooth transitions and retain corporate culture.
Media Power Faces Digital Disruption
- News Corp still controls influential outlets like the Wall Street Journal and Fox, but must adapt to digital competition.
- Lachlan faces a major challenge staying relevant as media consumption shifts rapidly online.