In contrast to most other indicators released recently, the results of the BNZ Confidence Survey undertaken this week show an improvement in business sentiment. net 18% expect the economy to get better over the coming year, turnaround from net 1% expecting deterioration two months ago. However, BNZ chief economist Tony Alexander concedes this rebound in sentiment is not all that apparent from comments about respondents’ own particular sectors, which the BNZ has summarised. Read more »
Yesterday’s weaker-than-expected retail sales statistics is positive development for government wanting to encourage exports and discourage domestic consumption in its attempts to rebalance the economy, says economic commentator Bob Edlin. But it was negative number in the forex markets and an immediate reflex action saw the dollar ease as analysts anticipated interest rates staying on hold for longer. Read more »
Executive Update is introducing recruitment section this week. Management job vacancies are listed under Executive Opportunities in the right hand column of this newsletter. Click through on the job title for further information. If you would like to advertise job on Executive Update please email [email protected] or contact Clara Iqbal on 021 930 887. Read more »
Despite great deal of energy spent on trying to balance the gender make up of senior management teams – including countless well-intentioned mentoring programmes for high-potential professional women – men still receive more promotions than women. How can women overcome these odds? Read more »
Anne Paton, Libraries Manager (New Zealand) for DLA Phillips Fox , is our first contributor in the draw for Flip MinoHD (RRP $379.95) pocket video camera for readers who share informative and interesting blogs, websites or online video clips with other readers of Executive Update. She’s big fan of TED (Technology Entertainment and Design), website established to disseminate ‘ideas worth spreading’. Presenters include David Cameron, Steve Jobs, Bill Gates, Google founders Sergey Brin and Larry Page, and many Nobel Prize winners. Read more »
When conversations turn to attracting board talent, organisations tend to reach for the same lever – pay more. It’s an understandable instinct, but increasingly, it may be the wrong one, writes remuneration expert Cathy Hendry.
As artificial intelligence becomes increasingly embedded in everyday life, the Human Rights Commission is calling for a human rights and Te Tiriti o Waitangi-based approach to ensure these technologies serve people fairly, transparently and responsibly.
