We need to be careful about equating company size with company 'nastiness'.
The mining firms are (partly) of a huge scale because that is what is needed to succeed globally, and they have achieved the scale through very considerable international expansion (including substantial mergers - think Rio Tinto, and BHP Billiton).
As the post argues, the two big Australian retailers haven't been anywhere near as 'brave' internationally.
My somewhat poorly made point was that there don't seem to be many Australian companies that grow into large organizations purely by innovation. Electronics, Internet services, aerospace research/manufacturing, software. That kind of thing.
We seem to do well at taking tried and true business models (dig up iron ore and sell it, buy cheap fruit and veg and sell it at a big mark up) but we have a poor track record for establishing creative companies. Creative in that they create something. products/services that didn't exist before. Its kind of weird that there seem to be so few Australian tech companies that are international big players.
In terms of other large Australian companies there's also New Corp but Im not sure that dead tree publishing qualifies as an innovation based business. Plus I think they moved to the US a few years back.
Not really, Walmart amounts to about 10-12 cents of every dollar spent in the US on fast-moving consumer goods. In Australia Woolworths and Coles/Wesfarmers account for almost 70 cents. At that level, it's not appealing for anyone to try and take them on!!
Who woulda thunk selling umbrellas could be so interesting? :) A 7-stage interview over 18 mths was a bit much, but there are some useful entrepreneurial insights there...
Pretty solid analysis. Yes, Facebook may be effective in changing the behaviour of a very small bunch of diehards, but these are a very small percentage of customers. Facebook as (very) niche markeing channel.
But the blogpost is arguing that it is the tangibility of vinyl that is its savior, comobined with good sense of record labels to also provide the download...
