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Board Books: Four Pillars rebuilt

The Institute of Directors’ relaunch, restoration, facelift – call it what you will – of its Four Pillars of Governance Best Practice text is welcome. It is, in its significantly

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Cover Story: Boards blasé about corruption

Directors don’t think fraud and corruption is much of a problem in corporate New Zealand. Retiring Serious Fraud Office chief executive Adam Feeley thinks otherwise. He talked about the consequences of governance complacency.

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Editorial: What’s in a name?

I’m blessed with surname that many people manage to mangle (that’s OK), so I’ve always been sensitive to the nuances of names. But what’s in an organisation’s name? I like

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Execs on the move

Lion has announced the appointment of Stuart Irvine as its next CEO. He takes over the role in January 2013 when current CEO Rob Murray steps down. Irvine has extensive

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Inbox: Creating a pipeline of talent

New Zealand’s businesses and public sector organisations will have accelerated access to innovation, commercialisation and entrepreneurial skills if Fulbright New Zealand business award scheme gets the support it needs to

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Inbox: Culture club

Zero impact growth continues to confuse and confound many business leaders, according to new Deloitte report. The authors of “Towards Zero Impact Growth: Strategies of Leading Companies in 10 Industries”

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Inbox: Interns add value

From creating new recruitment website for national logistics company, to identifying cost over-runs at local IT firm, Waikato Management School (WMS) students are making real impacts in the business community

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Inbox: Safety 2012

The 11th World Conference on Injury Prevention and Safety Promotion (Safety 2012) is expected to provide valuable learning and networking opportunities for New Zealand businesses. The organisers have confirmed as

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Leadership: Squandering time at the tiller

Shimon Peres, Israel’s ninth president and an extraordinarily resilient leader, thinks the only leaders worthy of the title are individuals with “ambition for cause greater than themselves”. That’s reasonable observation.

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On Board

Fonterra director John Wilson will replace Sir Henry van der Heyden as the company’s chairman when Sir Henry steps down in December. Wilson has been on the board since 2003

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Why boards must innovate

Without relentless innovation, success will be fleeting, management guru Gary Hamel argues in his 2012 book What Matters Now. Less than one company in 100 makes innovation everyone’s job, every

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Work & Life Awards: Building better bonds

Smart organisations tap in to the energies, interests and abilities of each and every member of their workforce. Rosemary Williams showcases the winners of this year’s ANZ New Zealand & EEO Trust Work & Life Awards.

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Business training lacks relevance

Only 28 percent of New Zealanders think they receive work training which is linked to their career development and goals. And only half think the training helps them be more effective in their role. 

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Cloud takes off

More than half of Australian companies using cloud computing now spend more than 10 percent of their total IT budget on cloud solutions or services. So says Frost & Sullivan which also notes that 31 percent of these companies dedicate more than 20 percent of their IT spend to the cloud.

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Firms at mercy of cyber attacks

KPMG NZ is warning NZ companies to tighten their online security. The warning comes after the international company’s security advisory services team discovered multiple weaknesses in the cyber security of Forbes 2000 global companies.

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Productivity & breakfast

Kevin Gaunt, CEO of NZ Institute of Management, and Ruth Le Pla, managing editor of NZ Management magazine, warmly invite business leaders to join them for a breakfast conversation.

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Smart devices threaten security

The rapid adoption of ‘bring your own device’ (BYOD) workplace practices is creating new security loopholes for organisations. A recent whitepaper by UK-based telecoms consultancy Juniper Research warns that the majority of employees’ phones and smart devices do not have any form of security software loaded nor are company materials protected. 

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Vista tops AmCham awards

Global entertainment software solutions firm Vista Entertainment Solutions took out the Supreme Award for trade with the US at the recent 13th AmCham DHL Express Success & Innovation Awards in Auckland.

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Dame Anne Salmond to deliver inaugural Reeves lecture

The legacy of the enlightenment, Maori philosophy and aspects of contemporary science will form the backdrop for discussion in an upcoming presentation by Dame Anne Salmond.

New Zealand’s foremost historian and anthropologist, Dame Anne will give the inaugural Bishop Sir Paul Reeves Memorial Lecture on the dramatic changes in New Zealand’s thinking that are required to shape our future. 

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Digital takes off

New Zealand’s entertainment and media organisations are wising up to what today’s digital consumers want. The second edition of PwC New Zealand’s entertainment and media outlook publication, which spans the next four years, says the local market is beginning to embrace the new ways in which Kiwis wish to consume entertainment and media content. 

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Invitation to The Editor’s Breakfast

NZIM and NZ Management magazine managing editor Ruth Le Pla are inviting CEOs and their senior executives from the Top 200 NZ companies to join them at The Editor’s Breakfast. 

This new series of breakfast conversations provides senior level networking opportunities and a discussion panel by policy shapers and opinion leaders as they examine recent innovations and help solve current issues affecting ev

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NZ Management now in Koru Club Lounges

From September 2012 NZ Management magazine will be available in Air New Zealand’s 15 Koru Club Lounges throughout the world. This distribution gives the magazine unequalled exposure to its key target demographic of senior executives and professionals, including frequent travellers with high disposable incomes who are high users of technology and consumers of luxury products and services. 

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Punishment should fit the crime

A University of Waikato Management School academic has criticised New Zealand’s employment legislation saying it should provide more options for employers between warnings and dismissal.

Professor Mark Harcourt has contributed to an international study on distributive justice comparing dismissal law in New Zealand and the US. He says our employment legislation still needs work in the areas of remedies and punishments involving dismissal law.

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Staff levels steady

Employee levels remain largely unchanged despite feedback that seven out of 10 employers are feeling optimistic about the economy. Most, it seems, are holding out for better economic signals, according to the latest Hudson Report: Employment Trends.

The report says three out of 10 employers plan to increase permanent headcount during the forthcoming quarter. This is consistent with the previous quarter.

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Execs on the Move

Colmar Brunton has promoted Jacqueline Ireland to chief executive officer, replacing Harry Papafloratos, who passed away earlier this year. Ireland was previously managing director of Colmar Brunton Auckland. As result

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Inbox: Letter to the editor

I would like to take issue with the Inbox article in the June issue under the heading “Meet your coach, it’s your manager”, which is indicative of confusion between coaching

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Inbox: Payments on the hoof

Although much focus centres on the mega-companies, Netherlands-based independent payment solution provider Payvision predicts that heavily-funded, innovative start-ups will drive the global mobile payments revolution into the next phase, in

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Inbox: Shaping up a green strategy

A new report from the New Zealand Initiative identifies three lines around which New Zealand could develop national environmental strategy. In “Navigating an uncertain future: Environmental foundations for long-term success”

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Inbox: Unlocking leadership potential

Prominent New Zealand and international business leaders and executive coaches are among speakers at the first ever leadership summit to be held in Australasia by the International Coaching Community (ICC).

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Inbox: Up the organisation

With an abundance of qualifying courses and following CPD opportunities at their disposal, young business executives are well prepared in theoretical terms to aspire to career advancement in their respective

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Sharing ideas

I spent few days in Beijing recently on my way back to New Zealand from Europe. Many years ago I’d lived and worked in Taiwan where I’d had to learn

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Board strength falls off

Corporate governance has taken a hit in the latest annual survey by international search organisation Cornerstone International Group.

The number of firms who believe they have sufficiently diverse experience on their boards has fallen to 58 percent from 66 percent a year ago. 

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NZ businesses show signs of optimism

A second quarter Grant Thornton International www.grantthornton.co.nz Business Report (IBR) shows Kiwi businesses have growing confidence in the economy over the next 12 months, the majority are expecting an increase in turnover/revenue, and profitability is tipped to grow.

Half of the 3000 businesses surveyed are “slightly optimistic” about the NZ economy over

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Why IT projects fail

Research commissioned by non-profit group Getting IT Right (GITR) www.gettingitright.co.nz shows 40 percent of IT managers believe no one is held accountable for IT project failures and this is costing the New Zealand economy millions of dollars each year in wasted labour and lost productivity gains.

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Bookcase: Leading at the Edge

• By Dennis NT Perkins • AMACOM • RRP $26.00 To understand what constitutes effective leadership, leaders should first understand themselves. That’s good advice which to some extent runs as

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What about ethnic diversity?

While gender diversity within our corporations continues to garner plenty of media attention – highlighted by NZX’s much trumpeted move this week requiring listed companies to disclose the gender composition of their boards and executive teams – ethnic diversity continues to fly under the radar as a Leadership Management Australasia (LMA) survey shows. 

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As I See It: Economic renaissance

Rachel Taulelei, founder and CEO of innovative seafood supplier Yellow Brick Road, has just been named one of this year’s emerging leaders at the 2012 Sir Peter Blake Trust Leadership Awards.

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Economics: Growth? What growth?

To nobody’s surprise, the Government’s 2012/13 Budget affirmed surplus would show up in its books in 2014/15. Or rather, the Treasury’s projections did the affirming, and the projections were critically

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Editorial: Celebrating leadership

Following hard on the heels of this year’s nationwide Leadership Week events and initiatives we’re dedicating this issue of NZ Management to full-on celebration of leadership. It comes at time

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Enterprise Success: Building a future

It’s already helping drive the Christchurch recovery – but can New Zealand’s construction/engineering sector shuck off its historic volatility to provide the building blocks for wider economic growth? Vicki Jayne tries to nail the vital role of leadership in this sector.

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Execs On The Move

Fletcher Building has named Mark Adamson as it next chief executive. Jonathan Ling will step down as chief executive at the end of September after six years in charge. Adamson

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Executive Development

Sponsored by The University of Auckland Business School Short Courses www.shortcourses.ac.nz 0800 800 875 July 10-12 Leadership, Motivation & Team Building. NZIM Northern. nzimnorthern.co.nz 10-15 Company Director’s Course. Christchurch. Institute

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Face To Face: Mark Solomon A leadership model whose time has come

Leader amongst leaders; strength with humility; pulls no punches – all epithets attaching to Mark Solomon, chair of Maori economic powerhouse, Ngai Tahu. Although softly spoken, there’s no mistaking the passion for his people – his iwi and all Maori – or his determination to create the best possible conditions for iwi success. And now he’s being shoulder-tapped for leadership roles beyond Maoridom. He talks to NZ Management’s publisher Toni Myers.

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Inbox: Cartoon champion

The extraordinary contribution to New Zealand media, and in particular cartooning by Ian Grant was recognised at the recent Canon Media Awards. The Masterton resident was presented with the Print

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