Companies that teach you to be a star: more than 30 of Australia's most senior executives have been schooled at just five organisations. These corporate finishing schools provide opportunities that money can't buy

Article Abstract:

Over 30 of the most senior executives of Australian companies have been employed by five companies: Citibank, Coles Myer, McKinsey and Co., Rio Tinto and Shell. Management experts believe that beginning a career at one of these five corporations provides a better managerial education than do top business schools because employment at a first-rate multinational corporation exposes an employee to a good business culture.

Management Development, Analysis, Management, Training, Chief executive officers, Management training, McKinsey and Company Inc., Rio Tinto Ltd., Shell Australia Ltd., Coles Group Ltd., Citibank (Australia)

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It all boils down to a good idea, again, and again, and ...

Article Abstract:

Australia is becoming a country of innovations. The country is showing signs of moving towards a service-based economy where innovations are rewarded. Every year, companies that produce new or improved products are assessed on R&D performance and activity in patents, design, and trademarks. R&D statistics suggest that Australian companies spent 1% of Gross Domestic Product on innovations.

Evaluation, Industrial research, Product development

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