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PROFESSIONAL DEVELOPMENT GUIDE

Manukau Institute of Technology Faculty of Business The Faculty, consisting of the Schools of Accounting and Management, Communication and Marketing, Business Services, plus Computing and Information Technology, provides comprehensive approach

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AS I SEE IT: Frazer Scott

Frazer Scott is the director of business management for Microsoft’s entertainment and devices division. He is responsible for driving the organisational planning process, execution of key projects, and coordinating management

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COVER STORY: High Tech, High Hopes – Transforming New Zealand

High-tech companies turn ideas into high-value products – and they could turn New Zealand into a more prosperous and lively place to live. So says Paul Callaghan, the country’s most distinguished physicist and newest business prophet. His Wool to Weta thesis is certainly turning heads in a time of deepening recession.

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ECONOMICS: Spreading The Good Word

Economic forecasters – quarter by quarter – have been ticking down their growth expectations for New Zealand as the domestic recession persists and the international recession widens. The NZIER’s March

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INTOUCH: CEO PAY UNDER PRESSURE

Base salaries for chief executives continued to rise ahead of the annual inflation rate in 2008, with median increase of 5.2 percent on the previous year, according to Sheffield’s latest

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INTOUCH: LEARNING THE DRILL

The intricacies of the Resource Management Act were swapped for Rules of Engagement when Duncan Cotterill’s leading Nelson specialist Camilla Owen visited the Solomon Islands to see her colleague, Lieutenant

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INTOUCH: SME CHALLENGES MEASURED

Cashflow is the biggest challenge facing New Zealand’s small and medium size enterprises (SMEs) this year, according the new research of 44,000 businesses conducted jointly by Bizzone (organiser of the

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ON THE MOVE

Geoff Vazey, Wes Bernard Christchurch City Holdings has appointed two new directors to two of its subsidiary companies. Vazey, currently professional director, brings commercial and governance experience to the board

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ORGANISATION STRUCTURE: The Life Cycle Of An Organisation

Gordon Davidson details the life cycle of organisations and the “critical transition points” faced as an organisation grows from its early beginnings as a small business to a mid-sized organisation and then in the case of some, to a large, mature business. At each transition point there are growth and structural challenges that the organisation must successfully confront and resolve before it can safely move on to the next phase of its growth and development.

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REMUNERATION: Bonus Anyone?

Bonus is the Latin word for good, though you would hardly get that impression from reading the financial press recently. Everyone is feeling the pain and cynicism abounds. It is likely that your company’s current bonus programme is now hopelessly unachievable, indeed irrelevant in the present circumstances. So what do you do about bonuses for this year? And what do you do when the economy starts to pick up again?

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THOUGHT LEADER: We ♥ Business

The sky is not falling on our heads; it’s certainly challenging out there but staying positive will make huge difference in this difficult economic climate. Whether you’re large or small

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VOLATILITY: Managing In Volatile Times

In the third instalment of Deloitte’s five-part series on how to ride out the recession, Matthew Hitch talks about the importance of making sure the foundations of your business are secure in an uncertain recessionary environment.

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EDITORIAL: Transformation

It’s no secret that New Zealand’s economy needs help. Not only because it is being buffeted by Hurricane Global-Economy (apologies, but if I have to write global recession, current economic

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INTOUCH: Private parts

Private parts When New Zealand’s Privacy Commissioner recently moved to close website link that inadvertently provided easy access to the private details of 1000s of Mount Ruapehu ski pass holders,

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COVER STORY: World Class Kiwis Talented and Tenacious

How do you get to be world class? In tough economic times, it becomes even more vital to delve into the recipes for Kiwi success, define common characteristics and do our damnedest to replicate what has helped take the 2009 World Class New Zealanders to the top of their game.

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AGENDA: 10 Questions For Boards

Many company board meetings fall into predictable pattern of procedure-driven activity, with excessive time given to reports from the audit, compensation, transactions, and other committees. Even in today’s Sarbanes-Oxley and

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AS I SEE IT

Rebecca Purdy is the owner of Product Placement, nationwide promotional sampling company with over 500 contractors in 14 regions throughout New Zealand. Primarily working on FMCG clients both in supermarkets

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BOOKCASE

Soros: The World’s Most Influential Investor • Robert Slater • McGraw Hill • RRP: $50.00 It is little unfortunate that Soros: The World’s Most Influential Investor closes with this paragraph

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ECONOMICS: A Tale Of Two Messages

The Key Government hasn’t disabused those of us who imagined it will use fiscal policy to stimulate the economy and help see us through deepening recession. It enthuses publicly about

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EDITOR’S LETTER: Making The Grade

Corporate governance is continuing to develop in New Zealand according to the fourth annual “Directions – Understanding Governance” survey. That’s the good news. The not so good news is that,

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FACE TO FACE: Geoff Bascand: Telling it like it is

In today’s deepening financial gloom you’d think the chief purveyor of statistics might feel like a harbinger of bad news, but government statistician Geoff Bascand is optimistic about New Zealand’s future. And he has the figures to back that view. by Vicki Jayne

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INTOUCH: Executive Pulse

Overall, do you believe New Zealand is doing enough to manage climate change? New Zealanders overall Yes34% No41% Don’t know25% Business decision makers Yes40% No46% Don’t know14% Source: ShapeNZ national

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ON THE MOVE

Mark Berry The Commerce Commission has welcomed Commerce Minister Simon Power’s announcement of the appointment of Dr Berry, specialist in competition law and economic regulation, as its new chair. He

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REMUNERATION: Redundancy And Your Next Remuneration Package – Making It Work For You

If redundancy is looming in your vicinity, you may be forgiven for thinking that the salary package for your next job is the last thing you should be considering right now. Your focus is much more likely to be on negotiating an exit package, if and when you are compelled to do so. But, as Janet Ison explains, this is actually the perfect time to work out what you want in your next package.

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COVER STORY: Why Marketing Matters – Top Tips For Recession Survival

As global recession bites into business bravado and crushes consumer confidence, marketing budgets inevitably come under pressure. It’s a good time to figure out just why marketing matters – but are business leaders getting the message? Can companies boldly market their way through tough times? And with more channels to choose from – how best to do that?

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NZIM : Managing the Tough Times

Managers matter most when tough times loom The New Zealand economy, along with much of the global economy, is in recession. Both look likely to remain in this negative state of fortune for much of 2009. Tough economic times are when managers matter most to an organisation but it is also the time when they most frequently draw the short straw, says the New Zealand Institute of Management’s national chief executive, David Chapman.

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AS I SEE IT

Keri Bloomfield is general manager operations, of the Human Resources Institute of New Zealand (HRINZ). HRINZ is membership organisation for people who are interested or involved in the management and

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INTOUCH: Executive Pulse

Business people have higher concerns over finding work if they lose their jobs. While unemployment forecasts are running at seven percent, 19 percent of all those in work, and 17

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INTOUCH: Letter To The Editor

Dear Ellen Although phlegmatic about being quoted in the media, Bob Edlin’s Happy New Year? piece has quoted Federated Farmers out of context. Bob, quoting from release entitled Dismal economic

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