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 enterprise in Australia. The participants are Rupert Murdoch, president and CEO of stories company; Jacques Nasser, former CEO of Ford Motor corporation around the globe; Geoff Bible, president and CEO of the Philip Morris team; Leigh Clifford, CEO of Rio Tinto PLC; Rod Eddington, CEO of British airlines; and Professor Lord may perhaps of Oxford, president of the Royal Society and previous leader clinical consultant to British major 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 family members.
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His research has focused on how plant and animal populations are structured and how they respond to change and to threats 2020_text_3/3/03 6/5/03 1:09 PM Page 43 R O B E R T M AY 43 (including disease and viruses) and the rates and causes of extinction. He has been awarded the US$500 000 (A$900 000) Royal Swedish Academy’s Crafoord Prize (ecology’s equivalent of a Nobel Prize); the SF500 000 (A$625 000) Swiss-Italian Balzan Prize (presented by the President of Italy for ‘seminal contributions to understanding biodiversity’); and the ¥50 million (A$760 000) Japanese Blue Planet Prize (for developing fundamental tools for ecological conservation planning).
He is already shedding the RMIT sweatshirt, but not his Australian identity. Outside his office I joke to his staff that I am in awe of him . . ’ He overhears and his head appears round the door, beaming. ’ Downstairs in the foyer the TV cameras and radio mikes are massing for his announcement. Soon afterwards the corporate Jacques Nasser appears, dark suit, grim face, to announce the measures he is taking to cut costs, including cutting his own executive bonus by millions of dollars. There is again, a sense of focused energy and precise thought.
There are new technology-based opportunities emerging which have different capital requirements: not only are these requirements sometimes smaller, but in a world of freer capital markets, if you have the ideas and the know-how, you will attract capital — whether that be from within or beyond Australia. All this creates opportunities — and we have a democratic, lawbased society with an educated workforce that holds some attractions for investors if the opportunities are there. For those reasons we have some grounds for optimism about Australia’s place in this new phase of world development.