REDARC named 2014 Telstra Business of the Year1 Sep, 2014 REDARC is the 2014 Telstra Business of the Year - a program that has celebrated brilliant Australian small and medium businesses since 1992. The award was presented by Federal Treasurer Joe Hockey. Will Irving, Telstra Business Group Managing Director and Ambassador for the Telstra Australian Business Awards, said, the 2014 national winners were trail-blazers who excelled in their ability to be brilliantly different and change industries by either creating new businesses or thinking about old business models in new ways. "REDARC is a high growth, high quality manufacturer that has focused on innovation, deep customer understanding, targeted marketing and investment in new capability." Mr Irving said. "They demonstrate that with a very strategic focus on their value proposition, as well as partnerships with Universities and high levels of investment in research and development and production quality, domestic manufacturers can capture value and not just survive, but thrive.” REDARC is now part of an elite group of Australian businesses whose outstanding business practices have demonstrated great success and achievement. Anthony Kittel Managing Director of REDARC said: "the secrets of the company’s success were "continually investing a minimum of 15 per cent of our sales revenue back into research and having about 25 per cent of our employees working in R&D and innovation." "As an advanced manufacturer we need a highly skilled and empowered workforce. The commitment of the REDARC employees to learning and embracing training is impressive. Without a highly skilled workforce our product wouldn’t be at the technology level it is." |
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