1 00:00:05,880 --> 00:00:08,520 Speaker 1: Welcome to the Fear and Greed Business Interview. I'm suan Aylmer. 2 00:00:08,920 --> 00:00:11,600 Speaker 1: Depending on who you ask. Rugby Union in Australia has 3 00:00:11,640 --> 00:00:14,920 Speaker 1: been in decline since the two thousand and three World Cup. 4 00:00:15,000 --> 00:00:19,040 Speaker 1: Financial ways and dwindling broadcast audiences have dented the sports 5 00:00:19,120 --> 00:00:22,360 Speaker 1: reputation and while it may have turned a corner, it 6 00:00:22,440 --> 00:00:24,400 Speaker 1: might still be a bold decision for a business to 7 00:00:24,440 --> 00:00:27,040 Speaker 1: go all in on the code becoming the naming right 8 00:00:27,080 --> 00:00:30,800 Speaker 1: sponsor for the Super Rugby Pacific Men's and Women's competitions. 9 00:00:31,200 --> 00:00:33,239 Speaker 1: And it's even more unusual when the business is B 10 00:00:33,440 --> 00:00:36,560 Speaker 1: to B rather than B to C. Vincent Nair is 11 00:00:36,600 --> 00:00:40,120 Speaker 1: the executive director and CEO of Smart Tech Business Systems. 12 00:00:40,240 --> 00:00:42,279 Speaker 1: He joins me in the studio, Vincent, Welcome to Fear 13 00:00:42,320 --> 00:00:42,640 Speaker 1: and Greed. 14 00:00:43,000 --> 00:00:44,240 Speaker 2: Hey Shah, good to be here. 15 00:00:44,400 --> 00:00:47,120 Speaker 1: Okay, smart Tech, tell me about what is it? First? 16 00:00:47,840 --> 00:00:50,040 Speaker 2: We are a child partner. One of the biggest sin 17 00:00:50,360 --> 00:00:54,160 Speaker 2: is you Pacific. We represent very large manufacturers and with 18 00:00:54,360 --> 00:00:57,760 Speaker 2: service over ten thousand B to B customers in Australia 19 00:00:58,200 --> 00:01:01,960 Speaker 2: from Parcelaka Technology either word to being the largest print 20 00:01:02,000 --> 00:01:05,399 Speaker 2: technology distributor in Australia and Asia Pacific. 21 00:01:05,840 --> 00:01:09,600 Speaker 1: Okay, So print technology distributor. Just explain what that means. 22 00:01:09,720 --> 00:01:15,160 Speaker 2: So we're eachbe's largest mid range large format printer solutions 23 00:01:15,640 --> 00:01:18,720 Speaker 2: provider to B to B customers that those guys in 24 00:01:18,959 --> 00:01:21,680 Speaker 2: EACHB have. So if you want to buy a four 25 00:01:21,760 --> 00:01:24,920 Speaker 2: hundred thousand dollars solution, you go to EAHB. They'll say, 26 00:01:25,000 --> 00:01:27,399 Speaker 2: talk to smart Tech. They are the experts in installation 27 00:01:28,400 --> 00:01:30,400 Speaker 2: in terms of sales and service and all that. 28 00:01:30,600 --> 00:01:34,399 Speaker 1: Okay, great. As a B to B company, you have 29 00:01:34,480 --> 00:01:38,399 Speaker 1: gone it all in on sponsoring rugby. Why did you 30 00:01:38,440 --> 00:01:39,800 Speaker 1: choose a sport like rugby? 31 00:01:40,240 --> 00:01:43,360 Speaker 2: So it's a global game. It manifestures with us really well, 32 00:01:43,560 --> 00:01:48,120 Speaker 2: we're a global company, and we feel that there is 33 00:01:48,160 --> 00:01:50,720 Speaker 2: an opportunity with the British lines coming through once in 34 00:01:50,800 --> 00:01:52,160 Speaker 2: twelve years, the British. 35 00:01:52,200 --> 00:01:54,600 Speaker 1: Country, So those who aren't rugby fans the British lines. 36 00:01:54,800 --> 00:01:58,080 Speaker 1: So it's England, Scotland, Wales and Island, which is quite 37 00:01:58,160 --> 00:02:00,840 Speaker 1: unusual in rugby that those four get to. So they're 38 00:02:00,880 --> 00:02:03,280 Speaker 1: touring Australia as of about now. 39 00:02:03,360 --> 00:02:08,200 Speaker 2: Yeah, And so I looked at the opportunity that it 40 00:02:08,280 --> 00:02:12,880 Speaker 2: presented itself. And I'm always off the view that if 41 00:02:12,919 --> 00:02:16,520 Speaker 2: things are bad, you can only go north from there, 42 00:02:16,880 --> 00:02:19,920 Speaker 2: and you're quite a way shot. I mean, Rugby Australia 43 00:02:19,960 --> 00:02:23,400 Speaker 2: has had its moments some years back, but it is 44 00:02:23,480 --> 00:02:28,080 Speaker 2: now on the organization led by Dan he Buddhist chair 45 00:02:28,680 --> 00:02:32,200 Speaker 2: new Board Field Wall as the CEO, and I feel 46 00:02:32,200 --> 00:02:33,760 Speaker 2: that these guys made a lot of sense when I 47 00:02:33,800 --> 00:02:35,799 Speaker 2: was talking to them about the future and their vision, 48 00:02:36,320 --> 00:02:39,359 Speaker 2: and it kind of resonated well with me. So I 49 00:02:39,480 --> 00:02:43,359 Speaker 2: liked it with the product of, you know, the British 50 00:02:43,440 --> 00:02:46,160 Speaker 2: lines coming through, and they've got some good test matches 51 00:02:46,680 --> 00:02:49,600 Speaker 2: and the most important test message that I think is 52 00:02:49,639 --> 00:02:51,160 Speaker 2: going to be very good for me is the one 53 00:02:51,200 --> 00:02:56,359 Speaker 2: against Fiji on July sixth. A little bit of personal 54 00:02:56,400 --> 00:03:00,880 Speaker 2: bias there, but I like what they think in and 55 00:03:00,960 --> 00:03:03,920 Speaker 2: where they've come from, and I think so far our 56 00:03:03,960 --> 00:03:05,160 Speaker 2: experience has been great with them. 57 00:03:05,400 --> 00:03:08,320 Speaker 1: So when you mean off air, I mentioned my boys 58 00:03:08,320 --> 00:03:10,840 Speaker 1: play rugby, my daughter plays AFL. I grew up soccer 59 00:03:10,880 --> 00:03:12,760 Speaker 1: in a rugby league town, right, so I've kind of 60 00:03:12,880 --> 00:03:16,280 Speaker 1: got the whole gamut. Is there something about rugby that 61 00:03:16,360 --> 00:03:18,280 Speaker 1: you think, I mean, apart from the fact that it's 62 00:03:18,400 --> 00:03:22,240 Speaker 1: value when you got in was relatively low, is there 63 00:03:22,280 --> 00:03:25,640 Speaker 1: something about rugby that you like over the others. 64 00:03:26,560 --> 00:03:31,880 Speaker 2: Yeah, definitely. I mean rugby is such an elegant game. 65 00:03:31,880 --> 00:03:33,880 Speaker 2: If you think about it, it's a there's a paradox here. 66 00:03:34,000 --> 00:03:39,520 Speaker 2: It's physical, it is associated with gentlemen playing rugby, rich history, 67 00:03:39,920 --> 00:03:43,440 Speaker 2: and I think if you look at it as a 68 00:03:43,480 --> 00:03:47,720 Speaker 2: comparison to other sport, it is truly global. It's pleading 69 00:03:47,800 --> 00:03:53,440 Speaker 2: countries that basically you're born in rugby and you get 70 00:03:53,480 --> 00:03:56,800 Speaker 2: out and you basically either as spray to play for 71 00:03:56,840 --> 00:04:00,600 Speaker 2: your country or whatever else. Now, I don't think that 72 00:04:00,720 --> 00:04:04,520 Speaker 2: sort of nurturing occurs in soccer. Okay, as an example 73 00:04:04,520 --> 00:04:07,440 Speaker 2: from my personal experience, you get lost in the crowd. 74 00:04:08,840 --> 00:04:10,880 Speaker 2: But a rugby you've got to focus the structure in 75 00:04:10,920 --> 00:04:13,400 Speaker 2: the teams, in the schools that you grew up with, 76 00:04:13,760 --> 00:04:16,320 Speaker 2: and I think there's a bit of prey there. There's 77 00:04:16,360 --> 00:04:17,640 Speaker 2: a little bit different to NURL. 78 00:04:17,720 --> 00:04:19,839 Speaker 1: I think stay with me. Vincent will be back in 79 00:04:19,880 --> 00:04:28,760 Speaker 1: a minute. My guest this morning is Vincent Nair from 80 00:04:28,839 --> 00:04:33,839 Speaker 1: Smart Tech Business Systems. I know we've had the break. 81 00:04:33,880 --> 00:04:38,800 Speaker 1: We're talking about why rugby your B to B? Is 82 00:04:38,800 --> 00:04:41,800 Speaker 1: that normal for a B to B to take such 83 00:04:41,800 --> 00:04:44,039 Speaker 1: a big sponsorship of a major sport. 84 00:04:45,520 --> 00:04:50,280 Speaker 2: It is normal, So you have this situation where we're 85 00:04:50,279 --> 00:04:53,400 Speaker 2: in the business of people as well. And when you 86 00:04:53,480 --> 00:04:56,960 Speaker 2: look at our clients, whether they're Deutche Bank, whether they're 87 00:04:57,000 --> 00:04:59,919 Speaker 2: Standing to Charter, we deal with people on the other shade. 88 00:05:00,320 --> 00:05:02,680 Speaker 2: So the concept of B to B and B two 89 00:05:02,680 --> 00:05:07,400 Speaker 2: C is clearly about people as well. So it's kind 90 00:05:07,400 --> 00:05:11,000 Speaker 2: of nice to have our clients and our partners in 91 00:05:11,080 --> 00:05:14,360 Speaker 2: business kind of get to see something that they don't 92 00:05:14,680 --> 00:05:18,120 Speaker 2: necessarily get an opportunity to see, and that is the 93 00:05:18,200 --> 00:05:21,800 Speaker 2: smart tech Super Rugby competition right up front. Get to 94 00:05:21,800 --> 00:05:25,360 Speaker 2: meet the players, get to actually feel and see what 95 00:05:25,400 --> 00:05:28,240 Speaker 2: the dressing rooms are like, and talk to the coaches 96 00:05:28,279 --> 00:05:31,680 Speaker 2: and all that stuff. So I think from that perspective, 97 00:05:31,760 --> 00:05:35,000 Speaker 2: it's an experience that our customers and our business partners 98 00:05:35,240 --> 00:05:38,560 Speaker 2: enjoy clearly, So there's a lot of return in that 99 00:05:38,720 --> 00:05:42,120 Speaker 2: for ourselves. It could be the same with B two C. 100 00:05:42,320 --> 00:05:45,240 Speaker 2: I think it gets a little bit diluted if you 101 00:05:46,320 --> 00:05:48,880 Speaker 2: kind of try and apply that to a B two 102 00:05:48,920 --> 00:05:52,960 Speaker 2: C situation. You may have thousands of customers, but which 103 00:05:53,000 --> 00:05:55,799 Speaker 2: one do you actually bring in to do and experience 104 00:05:55,880 --> 00:05:58,880 Speaker 2: all those things. Yeah, so I think there's an advantage. 105 00:05:58,360 --> 00:06:00,719 Speaker 1: For us in the B to B space I also 106 00:06:00,880 --> 00:06:03,719 Speaker 1: read some of utah met fatigue around stadiums clutted with 107 00:06:03,800 --> 00:06:07,080 Speaker 1: logos in sponsorships. Now I suppose that's the benefit of 108 00:06:07,160 --> 00:06:09,480 Speaker 1: rugby to some extent, but even Rugby has a bunch 109 00:06:09,480 --> 00:06:13,720 Speaker 1: of sponsors as well. Had you cut through that. 110 00:06:12,640 --> 00:06:16,560 Speaker 2: That's why we became the naming rate sponsor. We thought, well, 111 00:06:16,640 --> 00:06:20,520 Speaker 2: if we had invest we just get the major sponsorship 112 00:06:20,560 --> 00:06:23,719 Speaker 2: with these guys. It cost us a bit of money. 113 00:06:23,839 --> 00:06:27,120 Speaker 2: Good investment, good returns. Everything in our business is about 114 00:06:27,160 --> 00:06:31,680 Speaker 2: business kissing and also community improvement and contributional We saw 115 00:06:31,720 --> 00:06:34,680 Speaker 2: that there were returns everywhere for this, and in the 116 00:06:34,720 --> 00:06:37,600 Speaker 2: last two and half three months with the Rugby Australia 117 00:06:37,640 --> 00:06:40,760 Speaker 2: and the Super Rugby competition, I think we've seen a 118 00:06:40,839 --> 00:06:44,760 Speaker 2: lot of intangibles coming through and greed experiences for our 119 00:06:44,800 --> 00:06:46,359 Speaker 2: businesses and our business clients. 120 00:06:46,440 --> 00:06:48,080 Speaker 1: Apart from the fact that the Brumbies didn't win. 121 00:06:48,200 --> 00:06:53,240 Speaker 2: My team disappointing read disappointing. Now you know the Wartas 122 00:06:53,360 --> 00:06:56,160 Speaker 2: actually first four or five games they were undefeated. 123 00:06:56,839 --> 00:06:58,279 Speaker 1: That probably the most disappointing team. 124 00:06:58,360 --> 00:06:58,760 Speaker 2: Yeah. 125 00:06:58,839 --> 00:07:01,000 Speaker 1: Look, well I've got you to talk about leadership. You 126 00:07:01,040 --> 00:07:04,119 Speaker 1: spent more than thirty years working in Fortune one hundred, 127 00:07:04,160 --> 00:07:07,560 Speaker 1: Fortune five hundred and ASEX companies and global roles. You've 128 00:07:07,600 --> 00:07:10,360 Speaker 1: been publicly awarded for your work as a CEO. You've 129 00:07:10,360 --> 00:07:15,640 Speaker 1: spoken about rugby and steading values, discipline, respect, community. Are 130 00:07:15,680 --> 00:07:20,239 Speaker 1: there parallels, I suppose between that rugby world and good CEOs? 131 00:07:20,680 --> 00:07:25,000 Speaker 2: Absolutely? I think so. I find that you got two 132 00:07:25,000 --> 00:07:30,040 Speaker 2: types of CEOs. One that has started their careers from 133 00:07:30,080 --> 00:07:32,400 Speaker 2: the bottom of their food chain and they work themselves 134 00:07:32,400 --> 00:07:36,480 Speaker 2: to the top, granted away, and then there's others that 135 00:07:36,560 --> 00:07:41,480 Speaker 2: have been handed the opportunity on a silver plea. There's 136 00:07:41,480 --> 00:07:43,640 Speaker 2: nothing wrong with either one of those. But I think 137 00:07:44,120 --> 00:07:48,440 Speaker 2: folks like myself have worked ourselves to the top. We 138 00:07:48,520 --> 00:07:52,280 Speaker 2: find that there is another set of values. We appreciate 139 00:07:52,640 --> 00:07:55,600 Speaker 2: the people that are coming through the ranks, and we 140 00:07:55,720 --> 00:08:00,560 Speaker 2: understand people, and we are always in a base where 141 00:08:00,600 --> 00:08:03,160 Speaker 2: we want to make sure that there are others in 142 00:08:03,200 --> 00:08:08,080 Speaker 2: a similar pathway as we have come through. So we 143 00:08:08,120 --> 00:08:12,320 Speaker 2: won the Employer of Choice and twenty three in twenty 144 00:08:12,440 --> 00:08:16,240 Speaker 2: twenty four. And how folks, our employees got us there. 145 00:08:16,320 --> 00:08:20,120 Speaker 2: It wasn't our strategy or anything like that. They said, 146 00:08:20,480 --> 00:08:22,040 Speaker 2: you know, we have one of the best places to 147 00:08:22,080 --> 00:08:23,800 Speaker 2: work in the world. So we kind of like that, 148 00:08:24,400 --> 00:08:28,080 Speaker 2: and it's all about just listening and supporting them and 149 00:08:28,120 --> 00:08:31,080 Speaker 2: going home with them when they clock off at five 150 00:08:31,160 --> 00:08:33,960 Speaker 2: or six o'clock in the afternoon, and being there for 151 00:08:34,000 --> 00:08:36,640 Speaker 2: them on the weekends as well. So we're not there 152 00:08:36,679 --> 00:08:39,760 Speaker 2: just as an employer and they're not just doing a job, 153 00:08:39,840 --> 00:08:43,480 Speaker 2: but they're with us because they want to be with us. 154 00:08:43,880 --> 00:08:46,480 Speaker 1: What makes the smart take Then we're. 155 00:08:46,240 --> 00:08:49,720 Speaker 2: In an acquisition growth mode right now, in the middle 156 00:08:49,760 --> 00:08:53,800 Speaker 2: of an acquisition. Our intention is to definitely double our 157 00:08:53,800 --> 00:08:57,800 Speaker 2: footprint in Australia and New Zealand. We're not done yet. 158 00:08:58,000 --> 00:09:03,320 Speaker 2: We are on a growth trajectory. We've had a very 159 00:09:03,440 --> 00:09:09,160 Speaker 2: very significant drive that has created over ten thousand B 160 00:09:09,200 --> 00:09:13,240 Speaker 2: to P. Customers will be satisfied if we become a 161 00:09:13,280 --> 00:09:15,840 Speaker 2: three to four million dollar company in Australia alone, so 162 00:09:15,880 --> 00:09:17,640 Speaker 2: we are aiming to do that in the next three years. 163 00:09:17,679 --> 00:09:19,320 Speaker 1: Good luck with it. Vincent, thank you for talking to 164 00:09:19,320 --> 00:09:19,920 Speaker 1: Fear and Greed. 165 00:09:20,080 --> 00:09:21,080 Speaker 2: Thank you very much. 166 00:09:21,200 --> 00:09:24,640 Speaker 1: That's Vincent Nair, executive chair and CEO of Smart Tech 167 00:09:24,760 --> 00:09:27,680 Speaker 1: Business Systems. This is the Fear and Greed Business Interview. 168 00:09:27,760 --> 00:09:30,160 Speaker 1: Join us every morning for the full episode of Fear 169 00:09:30,160 --> 00:09:32,440 Speaker 1: and Greed Business News. You can use. I'm sure I 170 00:09:32,480 --> 00:09:35,000 Speaker 1: all money. Enjoy your day,