The Australian (29.08.2016) refers to a Deloitte report stating that  the productivity of Australian business is 23% less than the US counterparts and that Australia would be $70 billion better off if the productivity gap could be closed through better management . It seems Westpac Bank has undertaken to approach selected businesses with newly devised software reputed to focus on improving productivity.

From a German business school perspective, this is great news.  As professionals in work integrated learning , a key module of our Global MBA program currently offered in Australia focuses students on  improving the bottom line performance of their companies  by identifying, tracking and improving productivity, using a proven methodology  applicable across the spectrum of business.

This is what Australian manufacturers need in order to be able to outperform successfully international competition.

Link to the Article in the Australian 29.08.2016