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Professor Paul Patterson Head, School of Marketing Australian School of Business University of New South Wales. OVERVIEW. Opportunities provided by expansion of the ‘middle class’ & economic integration Opportunities to leverage advances in information and communications technologies
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Professor Paul Patterson Head, School of Marketing Australian School of Business University of New South Wales
OVERVIEW Opportunities provided by expansion of the ‘middle class’ & economic integration Opportunities to leverage advances in information and communications technologies Post GFC, focus on key business issues of corporate social responsibility, sustainability, governance and concentrate on opportunities presented by the emerging ‘service economy’ How business schools in the region can further their interests by both co-operating and competing (‘Co-opertition”)
Services – The Growth Engine of the World Economy Services Percent of US Personal Consumption Non-durable Goods Durable Goods 2007 Source: Bureau of Economic Analysis, 2008
Price Indices for Goods and Services Japan drives productivity Services Non-durables Durables Consumer Price Index (2000=100) China drives productivity Durable goods prices fall Source: Bureau Economic Analysis, NIPA Table 1.2.4. Price Indexes for GDP by Type of Product
Productivity Gains in Manufacturing Japan drives productivity Services Durables Consumer Price Index (2000=100) China drives productivity Durable goods prices fall Source: Bureau Economic Analysis, NIPA Table 1.2.4. Price Indexes for GDP by Type of Product
Revenues: Products Versus Services Products Services IBM2006 US$1.00 US$1.27 IBM sells more Services than Products (Hardware and Software)… a new business model Source: Annual Report, 2006. Services includes financing; Products includes hardware systems and software
Australian School of Business Vision “To be at the forefront of business schools in Asia and a peer of good standing with the best business schools in the world” To achieve our vision ASB both collaborates and competes with the leading business schools in the Asia Pacific region
OVERVIEW Opportunities provided by expansion of the ‘middle class’ & economic integration Opportunities to leverage advances in information and communications technologies Post GFC, focus on key business issues of corporate social responsibility, sustainability, governance and concentrate on opportunities presented by the emerging ‘service economy’ How business schools in the region can further their interests by both co-operating and competing (‘Co-opertition”)