New Zealand’s 20-year-old Privacy Act is likely to be repealed and re-enacted following the four-stage Law Commission review. The final report was released in August 2011, but Government is yet
Marking International Women’s Day 2013 on 8 March, the Grant Thornton International Business Report published research showing that – globally – 24 percent of senior management roles are now filled
Is it apathy or preoccupation with the daily grind that’s stopping us getting up in arms at the slow disintegration of the trappings of an informed, engaged society? First we
New Zealand owned IT services company CodeBlue has appointed former Palmerston North City Council information manager Brent White as general manager, Wellington, responsible for leading CodeBlue’s team in the lower
The world is enlisting businesses to help fight against poor health. It’s common sense given the workplace is where we spend half our waking hours. It’s where we make half
If you want to create a lovemark brand, then you better find the love and generate a sense of purpose beyond profit, suggest Colmar Brunton leaders, Dick Brunton and Jacqueline Ireland. They talk to writer Vicki Jayne about the philosophy and values that underpin their successful research business.
While he’d rather have those he work with comment on his leadership skills, Dick Brunton has been following set of principles gleaned years back from Jim Kouzes and Barry Posner
To mark the anniversary of Sir Paul Callaghan’s death on 24 March 2012, the McGuinness Institute has announced the joint winners of the Sir Paul Callaghan Science Meets Humanities Scholarship.
I recently had couple of nights in Wellington on business, staying at the Wellesley Boutique Hotel. Converted from what was the Wellesley Club it still has the clubby, comfortable and
A number of successful New Zealand business leaders had former careers in the military. David McGregor carved out formidable career as public law specialist and recently retired as the senior
New Zealand in general, and its public sector in particular, has long enjoyed reputation as one of the least corrupt in the world. At the end of last year, the
AMP made savings of around $1.1 million in 2012 using new strategy for talent attraction and retention and focus on diversity. Shaun Philp, AMP’s head of human resources, said an important
Yahoo recently announced an end to its long-standing remote worker programme, now requiring employees to be physically in the office. This has sparked debate around whether employees should have the right to work from home. Michael Chetner, vice president for video and voice conferencing solutions provider Polycom Asia Pacific, says the focus should instead be on managing employees working from anywhere.
Internationally successful Kiwi innovators are the recently announced category winners in this year’s annual World Class New Zealand Awards. The awards – New Zealand Trade and Enterprise initiative delivered by
When asked by Horizon Research: “How strongly do you support or oppose the sale of shares in State Owned Enterprises?”, more than half – 50.6 percent – of senior decision makers opposed the sale. This compares with 52.7 percent opposition among the adult population as a whole.
Bill Buckley’s imprint is somewhere inside almost every computer, smartphone and digital appliance you own. He is the winner of this year’s Manufacturing, Design and Innovation category in the World
Geraldine McBride is global expert in corporate evolution. zoology major from Wellington, she has taken into the information business her grasp of the natural world’s imperative: adapt or die. She
Do you know of any ‘anti-corruption heroes’? Transparency International is now accepting nominations for its 2013 Integrity Awards. Launched in 2000, the awards recognise the courage and determination of individuals
Visionary leaders must sometimes just suck it up when things go awry. Besides, they are more often than not sufficiently rewarded to dull the pain of dented ego. However, in
Manager of emerging business at mapping and GIS company Esri, Myles Sutherland is a member of Kea in California.
South Korean multinational conglomerate Samsung finally reached one of its major goals last year – unseating incumbent market leader Nokia, and leaving it reeling in its wake. Not content with
New Zealand, like most OECD countries, is now a service-based economy. The services sector accounts for around 70 percent of our gross domestic product and employs 76 percent of our workforce. What’s driving this dramatic economic and social transformation and what does it mean for managers? Reg Birchfield reports.
April is month for thinking about Australia because it has Anzac Day in it: the day we two countries separately commemorate our joint defeat in Gallipoli. Separate-but-joint defines us. Each
Turning bytes into dollars: technology writer Bill Bennett demystifies this year’s IT buzzwords – big data – and explains how fast moving companies are transforming terabytes and petabytes into business advantage.
Our political masters and much of the business establishment would have us believe that Dotcom and his colleagues are trouble we can do without. But there’s no denying the Mega team’s ability to build a global-scale online business in fast-forward time. Aside from the obvious issues of getting offside with the US and powerful entertainment industry lobby groups, is this a case of judging on style over substance? NZ Management magazine goes behind the hype in a series of exclusive interviews with the Mega team.
There’s more to big data than commercial insights. General manager for RSA Australia/NZ (the security division of IT & business transformation company EMC) Shaun McLagan, says his company is using
Big data isn’t just about business. There are government applications too. Deloitte partner Thorsten Engel gives the example of the CCTV footage used in London to monitor thousands of vehicles
It can’t be an easy task, corralling New Zealand’s major telecommunications players to work together towards common goal. But when that goal is to help drive productivity improvements in the
Many of the questions and answers arising from using big data are linked to location. One of the fastest growing areas of big data involves location analytics. Matt Lythe, who
How do we improve New Zealand’s rate of economic growth? The late Sir Paul Callaghan argued that we need to shift from low productivity industries, like wine and tourism, to
Gen-i’s product marketing manager, networked ICT products David Reiss says three characteristics separate big data from everyday data: Volume: Many New Zealand companies collect large amounts of data that are
Innovators like Amazon and Google – and the start-ups nipping at their heels – continue to transform the 21st-century business world. How can we keep up? In two words: Hill
The archetypical internet story is one of young people working long hours out of garages, developing an online service that will change the world. Many of these ventures struggle and
There are still a few places available to join the New Zealand trade mission to Indonesia in May.
New Zealand government agencies have been signalling for some time the opportunity for our country to forge closer business ties with Indonesia.
Forming South East Asia’s largest economy, Indonesia’s over 238 million people represent a huge emerging market on our doorstep.
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Business leaders have until June 5 to nominate outstanding young professionals in their organisation for one of New Zealand’s most prestigious management awards.
Now in its 19th year, the Young Executive of the Year Award identifies and celebrates New Zealand’s most talented up and coming executives. It celebrates their role in influencing, growing and providing strategy and direction in their organi
Hiring intentions remain steady as rising consumer confidence translates into a more active candidate market. According to the latest Hudson employment trends report, employers remain on high alert to retain key talent.
Hudson, which has just released its report for the second quarter of this year, says nearly two-thirds of employers (64.5%) nationally intend to keep staffing levels steady this quarter while 28.4% intend to emp
When it comes to thinking about the future, senior executives are more positive about what will happen to themselves or their organisation than they are about possible developments at a national or global level.
According to LMA’s latest Leadership, Employment and Direction (L.E.A.D.) research, a major “chasm of confidence” about the future has opened up.
All Good Organics, is the first and only New Zealand company to be named one of the World’s Most Ethical (WME) Companies by the New York-based Ethisphere Institute. The coveted
Joan Withers, the chair of state-owned power company Mighty River Power, is to join the board of the country’s biggest bank, ANZ New Zealand, from the start of July. The
Kiwi companies have got back their zest for merger and acquisition deals.
KPMG’s latest M&A Predictor survey shows New Zealand corporates are now “markedly” more confident about, and have a stronger appetite for, merger and acquisition deals.
KPMG NZ’s head of mergers and acquisitions Tony McNaught says this reflects the improving global environ
Our political masters and much of the business establishment would have us believe that Dotcom and his colleagues are trouble we can do without. But there’s no denying the Mega team’s ability to build a global-scale online business in fast-forward time.
Aside from the obvious issues of getting offside with the US and powerful entertainment industry lobby groups, is this a case of judging on style over substance? Starting in the April issue
The use of social tools and technologies has grown from limited experimentation at the edge of corporate practice to mainstream activity.
But, according to McKinsey Global’s sixth annual survey on the business use of social media tools and technologies, after strong initial uptake, many companies find themselves at a crossroads. If they want to capture a new wave of benefits, they’ll need to change the ways they manage and organise themselves.
Like their larger counterparts, NZ’s SMEs are also checking out overseas options to merge and acquire: or be acquired.
Research from the latest Grant Thornton International Business Report (IBR) shows more Kiwi companies are considering cross-border mergers and acquisitions as they look to build scale and gain access to new geographic markets.
Careers New Zealand is assessing a number of local, regional and national initiatives to help build better bridges between business and the education sector.
Speaking to Executive Update, Careers NZ chief operating officer Jay Lamburn says there’s no single silver bullet for helping transition young people into jobs and careers.
She says the solution does not lie in a business model in which each school careers adviser asks every employer, I
AUT vice chancellor Derek McCormack sees the aspirations of today’s students as strong predictors of the future of work.
He suggests tertiary educators, business and government agencies alike remain open to the idea of following the student as much as we follow the job market.
“We need to recognise that graduates want a career not just a job,” he says.
Universities need to create a new narrative about themselves in the current environment, according to Massey University vice chancellor Steve Maharey.
Speaking at the Higher Education Summit in Auckland recently, Maharey said parts of the tertiary education sector are coming under increasing pressure to reinvent themselves as economic development units and help more directly drive economic growth.
New Zealand must better understand its key strengths if it wants to attract more international students to its shores.
The Ministry of Education’s Anne Jackson says New Zealand needs to focus on how really good practice can be scaled up throughout the education system.
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Tai-Marie Yorston, a senior career education advisor for Careers NZ, describes predicting future requirements for job skills as a guessing game.
Speaking at the Higher Education Summit recently she says that in 1972 economic forecasters predicted New Zealand would need more doctors, accountants, lawyers, carpenters and electricians.
“In 2012 we thought we needed more people to work in IT, telco
Colenso BBDO is this year’s Fairfax Media AdMedia Advertising Agency of the Year in the large agency category.
NZ Management and Executive Update stablemate AdMedia magazine revealed the winners (detailed below) in an awards event at Libertine in Auckland’s Victoria Park Quarter this evening.
The awards, held in association with the Communication Agencies Association (CAANZ), acknowledge the business performance of agencies as distinct from the myriad creative awards that exist.
It’s now six years since the onset of the Global Financial Crisis (GFC) and chief financial officers are taking stock of what’s changed and what’s next. Apart from finance companies,
Rhys Bateman is product marketer for accounting and payroll software provider MYOB.
Big data is one of the top three technology trends for 2013, along with mobility and fibre. NZ Management’s April magazine is The Technology Issue and will focus on these three with a cover story on big data: transforming data into business advantage.
The rise and rise of American investment guru Warren Buffett as seen, largely through the eyes of Fortune magazine writer Carol Loomis, who tracked his career from its earliest years
What do Captain Kidd, pirate radio jocks, net hackers and the manipulators of DNA have in common? According to French academics Rodolphe Durand and Jean-Philippe Vergne, their actions helped foretell
Margaret Devlin: model of new governance Financial sector reforms Rediscovering capex Running carefully with the bulls
The Money Issue The CFO & spotting fraud: We’re not as safe as we think we are. The fraud investigator who blew the whistle on Bernie Madoff’s Ponzi scheme eight
Central banks which endorse it make simple case for quantitative easing (QE): if they print billions or trillions more of currency, the existing stock will be worth less and so
There might be mayhem in the corporate sphere with number of high profile receiverships and staff cuts but the Auckland Chamber of Commerce’s first Business Confidence Survey for the year,
Technology has been given bad rap as contributor to the western world’s expanding girth. We spend an increasing amount of time sitting and less time doing. We text, tweet, email
Online accounting software company Xero has appointed Amanda Armstrong as New Zealand general manager. Most recently consulting to Lexis Nexis, Armstrong has in-depth accounting industry experience having spent over 20
March 3-8 Company Directors Course. Wellington. Institute of Directors. iod.org.nz 4 Influencing and Persuading Skills. University of Auckland Executive Education. exec.auckland.ac.nz 4-5 Facilitation Skills. Wellington. NZIM. nzim.co.nz 4-6 Four Quadrant
Sovereign CEO Charles Anderson tells Vicki Jayne why he thinks business as usual is no longer an option – and how business is taking a lead in creating more sustainable societies.
The Financial Markets Authority (FMA) last week released its compliance focus for 2013 which outlines FMA’s priority areas for monitoring and surveillance over the next year.
BusinessNZ cocktail party to celebrate getting “back to the grindstone” for 2013 1 Jennifer Moxon (IBM New Zealand) and Jeremy Harding (Business Central). 2 Sir Christopher Harris (North Pacific Securities)
The Entrepreneurs’ Organization (EO) has released the latest results from its Global Entrepreneur Indicator research project, a biannual survey of business owners from around the world. The survey focuses in part on performance-related metrics, such as jobs, profits and debt loads and partly on business climate, including access to capital and predictions on the economy.
A special discount on this year’s Higher Education Summit, to be held on 20-21 March at the Aotea Convention Centre, Auckland, is being offered to NZ Management magazine readers. The discounted fee is $995 +GST and is available until this Friday March 8, and if you book two delegates a third can attend free.
An Auckland Chamber of Commerce confidence survey – the first for 2013 covering responses from over 1100 firms in the region – shows dramatic lift in confidence reports Chamber CEO
Hold on tight, 2013 will be “year of adaptation” to rapidly evolving global capital markets landscape. So says Deloitte in its 2013 Capital Markets Outlook report. Subtitled “It’s the end
While Generation Y values innovation in an employer, only 26 percent of those in recent Deloitte survey believe their current organisation’s leaders encourage practices that foster innovation. Seventy-eight percent of
In the first collaboration of its type in New Zealand, IBM opened its multi-million dollar Delivery Centre at Unitec Institute of Technology in Auckland in February. The centre will prepare
If they fall seriously ill, 45 percent of business decision makers would be unable to pay all their expenses and maintain their lifestyle just four weeks after sick leave and
• SEEK New Job Ad Index up 3.9% on January 2012 • Auckland and Canterbury lead new job ad growth Data released by Seek in February revealed new job ads
Dear editor Congratulations on your excellent special annual issue (Jan/Feb 2013) in which business and thought leaders share their insights on the year ahead. I thoroughly enjoyed reading this and
The New Zealand Telecommunications Forum (TCF) is bringing world-leading business and technology speakers, including ‘big data’ expert, to speak at its inaugural business leaders’ conference, MindStorm, on April 18, 2013.
And meanwhile, from Deloitte NZ’s just-reported NZ Human Capital Survey, Talent Edge NZ: • Overall, special programmes for attraction, retention and engagement of diverse groups are not common, but most
“New Zealand has been one of the easiest places in the world to incorporate company online,” says DLA Phillips Fox in recent newsletter summarising some key changes to company incorporation.
Despite growing calls from China-based organisations for overseas firms to settle trade in the Chinese currency, the renminbi (RMB), most New Zealand businesses remain firmly wedded to other currencies. Noel
It warms the cockles to see Northland cruise operator Fullers investing in research to discover that stressed-out Auckland workers would like Friday afternoons off to get headstart in the northbound
Global infrastructure design, construction and asset management company, Opus International Consultants, has appointed Gordon Davidson as CFO. He is currently CFO of Kiwibank and has an extensive banking background with
The University of Waikato Management School has created an executive in residence role to engage more with the business sector in areas of growing importance for the region. Former Hamilton
The essence of great leadership can be elusive. But there’s one human quality which, if it takes root, almost always delivers leader’s downfall – arrogance. Arrogance is an otherwise gifted
The causes and consequences of decreasing public trust in business, and what this means for societies and the global economy, was the focus of a public lecture last month at the Victoria Business School in Wellington.
Co-founder and chairman of LesConcierges, the world’s premier provider of global concierge services and solutions, Linda Jenkinson is a founder member of Kea in San Francisco.
No industry has felt the impact of recent disasters like the insurance sector – and every business and householder wears the downstream outcomes. Reg Birchfield talks to KPMG about the outlook for insurance, and its business impact, for at least the next decade.
The transition from executive suite to boardroom doesn’t always work. Margaret Devlin improved theodds through planning, preparation and participation.
The New Zealand Telecommunications Forum (TCF) will bring together world-leading business and technology speakers as part of its inaugural business leaders’ conference, MindStorm, on Thursday April 18 this year.
New Zealand will not be allowed access to Kyoto-based carbon credits – including certified emission reduction units (CERs) – from 2015.
In December, the COP 18 meeting voted to exclude New Zealand, Canada and Japan from access to the units after all three countries said they would not sign up to the second commitment period of the Kyoto Protocol.
Pundits and politicians repeatedly exhort New Zealand enterprise to be more innovative. Reg Birchfield examines our innovative capabilities and our global track record and sees some contradictions.
Shareholders will take more notice of board and director performances in 2013, according to the first of two reports by global consultancy Deloitte. And directors will face 10 important governance
Wellington investment company Rangatira has appointed Sophie Haslem and Richard Wilks as non-executive directors to its board. And the board of Guardians of New Zealand Superannuation, the Crown entity that
Two largely-under-the-radar shifts have been going on in the Government over the past year or so. Unlike lot of what the Government has been doing, these may well lead to
Crunch time for cashflow equals tax time for many businesses. A Kiwi firm developed concept of tax financing unique to…
Greater demands on CFOs mean recruiting for the role today is becoming that much tougher. Over the past 10 years shrinking deadlines and heightened market activity have created change in
Asian institutions and perspectives are increasingly shaping the global financial landscape. Ruth Le Pla questions NZ business’ response to the opportunities.
The fraud investigator who blew the whistle on Bernie Madoff’s Ponzi scheme eight years before it unravelled gives five tips to New Zealand CFOs on how to spot and stop massive fraud. Financial journalist Bernard Hickey reports.
