By Graham White
Six best Australian-born, foreign enterprise figures speak about the effect of globalization and expertise on Australian enterprise during this exam of the way forward for company in Australia. The participants are Rupert Murdoch, president and CEO of stories company; Jacques Nasser, former CEO of Ford Motor corporation around the world; Geoff Bible, president and CEO of the Philip Morris crew; Leigh Clifford, CEO of Rio Tinto PLC; Rod Eddington, CEO of British airlines; and Professor Lord could of Oxford, president of the Royal Society and previous leader medical consultant to British best Minister Tony Blair. mentioned are Australia's funding competitiveness, govt management, taxation coverage, social attitudes and associations, the Australian paintings ethic, and place of work kinfolk.
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Extra info for 2020 Vision: How Global Business Leaders See Australia's Future
Just as important is buying a place at the table of international science. Australia, with around 2 per cent of world GDP and a smaller proportion of the world’s population, will inevitably produce only a modest proportion of the world’s new technologies; the bulk of the new technology we use in the years ahead will have to be bought or adapted from elsewhere. But to gain early access to that — before it has been widely adopted everywhere else, so robbing us of any advantage — we need to be players in the game.
Probably not,’ says the cabbie, ‘but you won’t be too late — maybe a few minutes. ’ The tone makes it clear he doesn’t rush for anyone. ’ The cabbie is unimpressed, but then American cabbies make a point of being unimpressed. ‘The big boss,’ I add. ’ The cab accelerates noticeably. m. precisely. In this part of the world, Jac Nasser is a king. It is a kingship that is under threat even as we arrive. Press reports say the Ford family who still own much of the company’s stock are planning to dethrone the bustling Australian from the CEO’s chair.
Some time after World War I — though I hate to put history around wars — there was a reaction against this colonialism and an intense political nationalism developed. Some good things came of that — national pride — but also some bad, most visibly, and ultimately disastrously, in Germany, Italy and Japan. This nationalism was economic as well as political and cultural. There was a desire to have a national view of things, a national presence in key areas. In the motor industry in Australia for example, Ford became Ford Australia and GM became General Motors-Holden’s; each needed to be given a distinctive Australian identity.
2020 Vision: How Global Business Leaders See Australia's Future by Graham White