Penny Spencer

Penny Spencer

RETAIL WINNER

Penny Spencer was named in SmartCompany’s 2016 list of Australia’s Top 30 female entrepreneurs.

Having launched her first business in 1998, and now as MD of The Spencer Group of Companies, Penny leads a portfolio of travel companies that turn over nearly $50 million annually.

A passionate advocate for mentoring, Penny founded the not-for-profit Travel Industry Mentoring Experience (TIME) in 2009 to provide knowledge and support to the next generation of travel industry leaders.

Penny is renowned for her innovative staff reward and recognition schemes that include bestowing one-carat diamonds on staff who reach 10 years in her businesses. It’s perhaps not surprising to learn that 60% of her staff have only ever had one employer – Penny Spencer.

As a woman in a position of leadership and managing a family, Penny has a distinct perspective on juggling both. In her 2014 book Love What You Do, Penny chronicled her journey to success. In it, she described lessons learnt, mistakes made along the way and everything in between.

Penny’s business acumen has been recognised with multiple awards and accolades over the years.

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