AGL tells the upwardly mobile to study the downside if they want to move on

Article Abstract:

The gas company AGL has a good succession plan in place. Each manager is required to choose one short-term and two long-term possible successors. Managers are not allowed to move on without the choice. This ensures that the organization has strong relationships and can handle changes easily. The high employee retention of AGL shows the positive effects of the policy.

Analysis, Succession planning (Business), AGL Corp.

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Perpetual motion

Article Abstract:

Australian financial services firm Perpetual is managed by Graham Bradley who has increased profitability through expansion and debt-management. The company's share price has risen from 4.30 Australian dollars in 1997 to over 42 Australian dollars by 2001.

Australia, Financial services industry, Financial services, Perpetual Corp.

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The wealth of notions

Article Abstract:

Economic phrases and their meanings in the Short History of Economic Terms Through the Ages, are considered, including competitive advantage, level playing field and created destruction.

Economics, Criticism and interpretation, Terms and phrases, Economics literature

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