Creative thinking – Giovanni Corazza

The most profitable Australian companies are listed below and share a common duty of focusing on one industry rather than various sectors.

Enterprises are: 

  • Sticking to one business 
  • They have a strong goal to dominate segments within their industry market
  • Do not own hard assets 
  • Strong financial management
  • Plan from the outside in not the inside out (They investigate the micro and macro environment, rather than the internal environment of the organisation)
  • Notice life cycle changes (when customers demand new needs and wants)
  • Develop strategic alliances 
  • Create a strong internal environment for the employers and employees.
  • Leadership 
  • Value leadership over management (the most liked leaders are those that lead by example – Democratic leaders) What is your leadership style?

Here are the top 10:

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And here are the industries where the top 100 most profitable companies sit:

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-Donna  Lopez Rodriguez

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