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Cost management the major challenge for growing businesses in a competitive state

MANSO Consulting principal Tony Manso has worked with many Western Australian businesses and didn’t hesitate when asked to name the main challenge they currently face.

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Perth WA
This article and report intrigues me. As a migrant to Perth I acknowledge three unique strengths inherent in the state namely its abudance of resources, it's proximity to major Asian markets (geographic and time-zone wise) and its attraction it holds as a place to live for many skliled migrants. Given this one and the state of the emplyment squeeze which the report suggests it would naturally to assume the strong opportunity to build a career here. However this is often prives to be false as many businesses refuse to recognise the value of professional experience amassed outside of Australia. Prospective employees are often reminded repeatedly that it is Australian work experience that is the factor which often influences chances of being shortlisted, let alone being selected, for the position regardless of one being fully qualified by way of relevant experience gained outside of Australia. I think that this attitude exerts a drag on the economy as many qualified individuals settle for positions where their skills are under-utilised and their competence in a field of work goes unrecognised. The collective potential from a combination of individuals with strong Australian industry experience and those coming in with regional / international knowledge can alleviate the talent crunch if not help propel WA's economy but the mental inertia must be broken. Once a new paradigm has been established it will send strong signals within Australia and beyond to those who can contribute towards building a more even-keeled economy that this state is the place to be. The 'full employment' status may be a less than accurate statement if the potential of the workforce cannot be realised due to un-addressed impediments.

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