- Nov 6, 2014
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From reading this is reinforces that Port have shown great foresight, are brave and really are leading the way with the China drive, doing it the right way and the right country, leaving Fagan in our wake, wringing his hands at the 'sideshow'
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But while airlines, hotels and other tourism operators have been quick to jump on the Asian tourism boom, most Australian companies are still failing to capitalise on the opportunity of being on the doorstep of the world's fastest-growing economies.
Huge imbalance in the focus that the boards and management of Australian companies continue to give the region compared with Western markets like the United States, Europe and smaller neighbours like New Zealand.
"The first piece of advice that I'm not personally very good at it is being patient. Don't assume that what you do in Australia and what's right for Australia is right for the market places up in Asia. Each country is very different. You need to invest in learning that marketplace. Hire a strong local team," Holgate told Chanticleer in an interview earlier this year.
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http://www.afr.com/brand/chanticlee...l&utm_source=facebook.com&utm_campaign=buffer
But while airlines, hotels and other tourism operators have been quick to jump on the Asian tourism boom, most Australian companies are still failing to capitalise on the opportunity of being on the doorstep of the world's fastest-growing economies.
Huge imbalance in the focus that the boards and management of Australian companies continue to give the region compared with Western markets like the United States, Europe and smaller neighbours like New Zealand.
"The first piece of advice that I'm not personally very good at it is being patient. Don't assume that what you do in Australia and what's right for Australia is right for the market places up in Asia. Each country is very different. You need to invest in learning that marketplace. Hire a strong local team," Holgate told Chanticleer in an interview earlier this year.
Read more: http://www.afr.com/brand/chanticlee...acebook.com&utm_campaign=buffer#ixzz4VdrAn5E8
Follow us: @FinancialReview on Twitter | financialreview on Facebook