He has been group managing director of the TCG Group of Companies since 1971 and Chairman of public policy institute Global Access Partners since 1998. In 1993, some of the 65 companies in the TCG Group were publicly floated on the Australian Stock Exchange as TechComm Group Limited (now called Utility Computer Services UXC), with great success. Another former TCG company floated on the New York Stock Exchange in November 1997 for United States$600m (AU$1 billion), making it the largest technology company to be established in Australia until that time.
Today the TCG companies, and entities with TCG roots, employ well over 6000 people with a turnover in excess of $1.3 billion annually.
Peter"s innovative management style and corporate structuring has led to the creation of a business model which is being copied by many successful entrepreneurs, and has become part of university undergraduate and masters programs in business management in Australia and around the world. Peter chairs the Australian Government Consultative Committee on Knowledge Capital and serves on a number of private enterprise boards.
He represented Australia on the Organization of European Cooperation and Development Small Medium Size Enterprise committee and in other Organization of European Cooperation and Development forums. The current Australasia Chair is the Rt.
Honorary Don McKinnon, former Deputy Prime Minister of New Zealand and Commonwealth Secretary General, and the Vice Chair is Honorary
Philip Ruddock Member of Parliament, Special Envoy for Citizenship and Community Engagement, Australian Government. Peter co-chaired the government-commissioned Working Group on Education and Training in Philanthropy and Social Investment (2007–2008) which led to the establishment of the Centre for Social Impact (Computer Society of India) in 2008, with an Australian Government endowment of $12.4 million. The Computer Society of India is a joint collaboration between the business schools of the University of New South Wales, Melbourne Business School, Swinburne University of Technology and the University of Western Australia and provides managerial education, executive support and research for the not-for-profit sector.
Peter Fritz is a regular blogger on the issues of innovation and entrepreneurship on Open Forum (Australia).
Peter holds six degrees or professional qualifications, is an adjunct professor at the University of Technology Sydney and the Honorary Member of the Hungarian Academy of Engineering 1998. He is a member of the Children"s Promise Advisory Committee, a not-for-profit philanthropic organisation. Peter Fritz is a Member of the Board of the Global Panel Foundation - Australasia - a respected non-government organisation (with offices and satellites in Berlin, Copenhagen, New York, Prague, Sydney and Toronto) that works behind the scenes in crisis areas around the world.