The lower than forecast New Zealand GDP growth figure for the June quarter, announced yesterday, reinforces what many businesses, particularly those operating in the domestic economy, have been experiencing: very sluggish business environment with few signs of it improving in hurry. Economic commentator Bob Edlin analyses this week’s GDP and deteriorating balance of payments statistics. Read more »
Two years after the economic crisis really hit home with the collapse of Lehman Brothers, global executive confidence has returned – albeit very tentatively – suggesting better ability to cope with and manage economic volatility, reports McKinsey & Company. Read more »
Research done by privately funded think tank the New Zealand Institute has identified three key factors that will increase the success of our international entrepreneurs, marketers, and salespeople: customer orientation, collaboration and preparation. Read more »
In Behind the Berkshire Hathaway Curtain, Ron Chan has interviewed number of CEOs and executives who have contributed to the success of Berkshire Hathaway, Warren Buffet’s investment company which owns over 40 companies employing more than 140,000 people. Here are some brief insights and philosophies from leaders at the top of their fields. Read more »
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. Read more »
Executive Update‘s Last Word taps into the thoughts of aspirational leaders who are making 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: Read more »
The Privacy Commissioner has announced his intention to issue a Biometrics Code, has released the Biometric Processing Privacy Code for consultation and is calling for submissions on the draft code
Imagine walking into a store, picking up your items and paying just by looking at a screen. This is already a reality in China thanks to facial recognition payment technology.
It’s a natural human reaction to feel like a victim when change is thrust upon us. A test of character is how quickly you move through the victim stage to
