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.
- 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.
- 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:
And here are the industries where the top 100 most profitable companies sit:
-Donna Lopez Rodriguez