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In this episode of the WA Leaders Podcast, Dr Paula Smith sits down with Nicole Lockwood, strategic advisor, board director, and founder of Lockwood Advisory.

Nicole shares her remarkable journey from environmental law student to Mayor of Karratha, government advisor, board leader, and entrepreneur. Drawing on more than two decades of experience across government, industry, infrastructure, and public policy, she discusses what it takes to navigate complexity, drive meaningful change, and build a business around expertise and purpose.


In times of disruption, uncertainty becomes the loudest voice in the room. Economic volatility, geopolitical instability, supply chain pressure and shifting community sentiment can all make business decisions feel harder, slower and riskier.

Yet uncertainty does not need to lead to paralysis. With the right process, it can become a catalyst for clearer thinking, stronger leadership and more resilient planning.

In April 2026, with the US/Iran war heating up, Beckon Business brought together clients and contacts from 12 industries and sectors to explore how businesses might prepare for an off-centred world. Using scenario planning processes, participants stepped back from immediate reactions and examined a range of plausible futures.


How’s the financial year been? Been running hard and fast? Rushing headlong into a more uncertain world? There’s always something new – are we using AI? How might the CGT changes affect me and my business?

We tend to treat the race like it’s a virtue in itself. But sometimes, the greatest superpower in business isn’t the ability to keep running.

It’s the courage to stop. To pause.

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