June 29, 2011

Auckland in front in the recovery race

More evidence that Auckland is leading the economic recovery comes from the latest quarterly ASB Bank’s NZ Regional Economic Scoreboard which shows it’s out in front of the rest of the country in the economic stakes. The next best performing areas are Waikato, Bay of Plenty and Wellington.

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Business leaders demanding unprecedented increase in productivity

CEOs in New Zealand and Australia, as well as around the globe, have set bullish growth targets for this year, and are demanding significant increases in workforce productivity to meet them, according to new research from global management consultancy Hay Group. The report also found an alarming number of businesses are mismanaging performance management.

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Canterbury rebuild stimulates labour market

The construction/building/engineering, information technology, telecommunications, manufacturing and utilities sectors are all looking to hire more staff in the next three months according to the latest Hudson Report Employment Expectations Survey. At the other end of the scale, education, government healthcare, and retail industries are reporting decreasing hiring intentions.

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Contents: July 2011

Leadership’s looming crisis World enterprise is facing leadership shortage of crisis proportions. The problem, increasingly obvious over the past decade, is worsening more rapidly than expected. It is acute in

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Google gets seriously social

After, by its own admission, being outflanked on the social media front, Google has launched its most comprehensive social media platform yet which some observers say will challenge not only Facebook, but Skype, Twitter and even Microsoft and Apple’s cloud offerings.

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Maximising your organisation’s performance

If you’re like most senior executives, you want your organisation to be exemplary. But if you’re honest with yourself, you also know that it’s not and that, in fact, you’re not even sure what exemplary means or how you’ll ever get there. McKinsey & Co has some tips to help you along the long and winding road to high, sustainable organisational performance.

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More women key to smarter teams

Given the brouhaha surrounding EMA CEO Alasdair Thompson’s ill-chosen comments about women and productivity, here’s some interesting topical research on Harvard Business Review’s blogs site – it shows while there’s little correlation between a team’s collective intelligence and the IQs of its individual members, the more women a group includes the higher its collective intelligence rises.

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Steady but unspectacular economic growth predicted

The Treasury economic forecasts released in conjunction with last month’s Budget copped plenty of criticism for being overly optimistic and based on a number of tenuous assumptions. However, they are slightly more conservative than the latest NZIER’s quarterly consensus forecasts of 11 economic and financial agencies.

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The Last Word: Dr Alan Bollard

Eight years ago last month, Reserve Bank governor Alan Bollard told New Zealand directors that he was concerned about the state of corporate governance in the finance and banking sector, both at home and abroad. NZ Management asked him whether the problems he identified then have been acted on.

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