Last Wednesday (28/10) Ai Group was fortunate enough to attend a function announcing the South Australian Business Index Top 100, a listing of South Australia’s top 100 businesses as based on financial year revenue.
It also highlighted each company’s contribution to employment – a very worthy cause in South Australia, as readers of a recent Ai Group Blog will attest.
To be eligible, a company needed to be:
- South Australian, with an Adelaide share registry, or South Australian-operated and founded, and majority owned (50.01 per cent plus) by South Australians;
- Not owned in part or whole by any government body or government agency;
- Not registered with the ATO as a not-for-profit organisation, or registered with the ATO as a not-for-profit but gains more than 90 per cent of revenue through commercial activities.
Of the Top 100, Ai Group’s membership was well represented: these Ai Group members represented over $1 Billion dollars in revenues and more than 5000 people employed in South Australia.
The Top 100 also attested to the strength in the South Australian Manufacturing sector, with many listed Ai Group members already exporting their products and expanding their operations overseas or interstate.
Additionally, a number of our successful members had participated in the Business Model Innovation (BMI) program, developed by Ai Group in conjunction with the South Australian Government, and presented by Professor Goran Roos.
We will be rolling out another BMI program in April 2016. The program works to change the way you view your business, with an emphasis on the big drivers of change in the manufacturing sector, and examines ways for your business to create new revenue streams.
Congratulations to all Ai Group members and indeed all the South Australian companies recognised at last week’s event. We hope our BMI program can help more Ai Group members achieve recognition next year.