Crossing The Border: 25 Largest by Revenues

The most largest companies by revenues is ExxonMobil which in 26 countries, generates twice the revenues from abroad as the next biggest company, Ford Motor.

After searching the internet about this company, i found out that the ExxonMobil, is an American and Gas corporation.

ExxonMobil is the world's largest publicly traded company when measured by market capitalization. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at current rates of production, are expected to last over 14 years.The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels.

While it is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrel of oil equivallent) in 2008, this is only approximately 3% of world production and ExxonMobil's daily production is surpassed by several of the largest state-owned petroleum companies.

Interesting~

Where Regional Real Estate Knowledge Meets Innovative Marketing

Dr. Sulaiman Al-Fahim, the CEO of Hydra Properties sees his role more than that of a developer. He is embarking on th program with one main goal in mind: raising the profile of Abu Dhabi, a rapidly developing oil city that is now seeking to diversity. He is also filming a series known as Hydra Executives, modeled after The Apperentices. Hydra properties also look for emerging international market, which include Mexico, Mazatlan, Nicaragua, Panama, China, India and Pakistan. To tapping the market, they didnt mind to cut the profit to provide the high class level.

National Bank of Abu Dhabi Asset Management Group: An Innovative Approach to Regional Funds

The article is about the NBAD-AMG's Chief Investment Officer, Nazem Al Kudsi, who has different way of thinking which is central to the success of the group's funds. According to Al Kudsi, it is extremaly important to empower people. A flat organizational structure with heavy emphasis on empowering empolyees in central to their strategy of unlocking value and creativity.
I attracted to the ways he plays his role and by push their team to think outside the box, push them to ask questions, to look at things from different angle, to question assumptions and the conventional wisdom. Moreover, Al Kudsi is working on a plan to spin off NBAD-AMG as a wholly owned subsidiary and then list it on the local Abu Dhabi stoc exchange.
I am not really understand about how does the operations run as the article is wrote in very specific economic terms and it is involve some kind of investment and trading/ distribution funds. =)

Kiss And Punch

It's very interesting to read about how the companies combined under one label which is WPP Group Plc and compete among themselves. WPP consists of 125 communications companies. Of course, there will be chaos when WPP's firm compete intensely with one another in every aspects. But it's a good chaos,thou since they emerge remarkable results which is in 2007,reported that WPP gain profit of $1.4 billion on revenue of $12.3 billion, up 8% in constant currencies.

Is it a suicide approach taken by the COC of WPP Group, Sir Martin Sorrell?We can see the operation method here is by joining many big companies,in same industry and have different benefits together and let them compete each other. As the result, they became very competitive and outstanding group.

For example, Unilever's account itself is handled by not fewer than 47 WPP's firm from GroupM to OgilvyOne Worldwide. There is a competitor says that Sorrel consolidation of the industry in the 1980's changed the nature of bussiness.Clients can go to WPP and pick services from A,D,E,J and Z.Now, it make sense,right? It's another a remarkable moved made by Sorrell when the time to pitch multinationals looking for economies of scale and help in global brand building, Sorrell does a 180's degree turn and demand his independent firms come in for the kiss. Seems that in-house rivals suddenly turn collegial and pool their expertise and services for a knockout bid.

Now i see why a British Trade magazine once wrote, "Never confuse this extraordinary man with a normal, well adjusted person". So,do you all think this is the best business model for a fragmented market?You tell me~

Squash The Caterpillar

Komatsu is a company of construction and mining equipment maker which is based in Tokyo, Japan. They come to china with the 23,000 heavy-duty vehicles,each fitted with an antenna via satellite link tells Komatsu where and what it's doing.It also comes with GPS too!This is very effective in order to tackle machine theft. The biggest,longest, heaviest machine Komatsu makes is a mine excavator. It is 66 feet tall, 59 feet long and weighs 794 tons. Recently, 38 sold world wide!
Kunio Noji, the Chief Executive of Komatsu seems need not to be worried that business in China will get away anytime soon, because from his estimation, the boom could go on for another two decades!Seems Komatsu is at the peek as it boast some impressive numbers (13%) of its sales as earnings before interest and taxes in 2007.

The Ugly Truth

It amazed me when i turned to page 26 of Forbes (34), and I read about the world's biggest companies: Creative Destruction. Stated there that the well known-greatest-industry player was facing downhill. As we know, in early 21'st century, Japan and US were the most influential, productive and outstanding countries in the world wide. It turned out,they became the big losers when most of their gigantic and famous companies showed a tremendous drop in companies rank. Whilst, the big winners are China and India! Wow! amazing right? No wonder Timothy Dattels who oversees Asia for private-equity firm TPG Capital predicts that, "by 2020, over half of the world's biggest companies on your list will be from China and India combined". Does the numbers of human population contributed to the risen of China and India's companies? Not really, right? From my opinion, maybe in human labor, it's a yes, but a succesfull company relies to its main brain, the top management. They managed to put the the innovation secret weapon to their winning strategy. Maybe, and i can say that Us and Japan a little bit exhausted in using their creativity to achieve the goals and then the competitive values becomes faded by years.

So, I think American and Japanese people should start eating lots of vegetables and drinks more goat's milk as Indian and Chinese do in order to produce innovation and reach their old glorious! =)

I.n.n.o.v.a.t.i.o.n

When i first time entered the ITOT class,i really didnt have any idea for what is innovation? Then,as days goes by,i realized that how importance it is to an organization. Innovation exist when a group of people,generated ideas,put their efforts,think creatively to be the most outstanding team. They have to think of how to be different instead of doing better. Why is that?? Here we go,.Given a situation which is IT aplication is widely used in management nowadays.Most of companies and organization or industry players familiar with it.So, how to create the competitive advantage in this situation?The solution is, we as individu have to think creatively, and innovatively as a team, and look outside the box to beat the rest..It's not easy to be unique huh?