September 20, 2010

Merger & acquisition activity slowly recovering

Close to 40% of New Zealand’s privately held businesses are expected to grow by acquisition over the next three years, well ahead of the global average, according to an international survey of more than 7000 privately held companies by accounting firm Grant Thornton.

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Muted ring of confidence

Two years after the economic crisis really hit home with the collapse of Lehman Brothers, global executive confidence has returned – albeit very tentatively – suggesting a better ability to cope with and manage economic volatility, reports McKinsey & Company.

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The Last Word

 

Executive Update‘s Last Word taps into the thoughts of aspirational leaders who are making a difference in the way business is being conducted in NZ. In our inaugural issue, Air New Zealand’s Rob Fyfe, NZ Management magazine’s 2009 Top 200 Executive of the Year and CEO of New Zealand’s 2010 Most Reputable Organisation, outlines the four key principles that define his and Air New Zealand’s approach to business:

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