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 New Zealand and looks set to become even more so.
Writer-at-large Reg Birchfield reports on the implications of alarming new research released to NZ Management for this special leadership issue.

Features
Finance and the Economy Series
• Funding growth minus an overdraft
With business loans hard to get as banks continue to be risk-averse, invoice financing is starting to gain ground as the funding method of choice for firms in growth mode, writes Steve Hart.
• Mergers and acquisitions – glimmer of growth.

Face to Face: Venkat Ramaswamy – New business model for the future
Economic recovery from the global financial crisis won’t happen without more innovative approach to enterprise. Global thought leader in innovation, Professor Venkat Ramaswamy, says co-creative enterprises are the way of the future. He talked to Reg Birchfield.

Responsible Governance Series: Beca Group’s “care” legacy
Few organisations have treated their people and the environment as consistently well for as long as global engineering consultancy Beca. Reg Birchfield talked with Richard Aitken and Keith Reynolds about Beca’s approach to governing responsibly.

The Director
Governance lessons from the rubble of the recession
Governance expert and author Doug Matheson has so far identified five key lessons from the GFC and its ensuing recession as he researches the changing state of governance for new book.

Food for thought on director feedback
Director and board evaluation involves board members undertaking constructive but critical review of their own performance, identifying strengths, weaknesses and then implementing plans for further professional development. By Iain McCormick.

Learning to align Maori and Pakeha governance
Iwi trusts and assets are among the fastest growing and most dynamic sectors of the New Zealand economy. Wiwini Hakaria is helping Maori directors and trustees master the rules of the governance game.

EDITOR’S LETTER

INBOX: News and views

MANAGERS ABROAD: Sarah Robb O’Hagan

NZIM: Future Focus – NZIM’s Gary Sturgess.

Execs on the move

Executive development

OPINION

POLITICS: International now mainstream. Colin James

ECONOMICS: Borrowing bloats exchange rate. Bob Edlin

LEADERSHIP: Who’s leading what. Reg Birchfield

BOOKCASE: The power of co-creation; Winning matters.

ADVICE

EXEC HEALTH: Rest assured. Peter Tynan

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New appointment to Christchurch Airport board

Christchurch Airport has announced the appointment of Meg Matthews to its board of directors. The airport says Matthews brings more than 20 years of senior management experience across key business areas, including

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