New Zealand Management

Articles from Vol. 50, No. 9, October

Abandon Budgets: And Set Your Enterprise Free; the Budget Process Has Been around for a Long Time-But a Growing Body of Opinion Believes Budgeting Has Finally Reached Its Managerial 'Use By' Date. Why Do They Feel like That? and Is There Really Sustainable Fiscal Life beyond Budgeting?
A growing clutch of companies in Asia, Europe, America and even New Zealand are starting to think that the budget process is a hindrance, rather than a help to management. One major international survey found that nearly 90 percent of chief financial...
Adrian Slywotzky: On Growing in Tough Times
Author and business consultant Adrian Slywotzky comes from the hardheaded, bottom-line school of strategy. He focuses on helping companies maximise their performance. His latest book (written with Richard Wise) is How to Grow When Markets Don't. It...
An Excellent Journey
Perception is often mistaken for reality and the perceptions of 'business excellence' as a concept are many, varied and often confused. Having just completed my first 12 months as chief executive of the New Zealand Business Excellence Foundation,...
Can SMEs Afford: Our Enlightened Labour Laws? Our Politicians Are Enacting and Debating Radical New Employment Laws. but Given the State of SMEs in Our Economy, Can We Afford Them?
The past few months have seen Parliament dealing with some rather radical concepts. The Health & Safety in Employment Amendment Act, which came into force May 5 2003, the Holidays Bill and Holidays (Four Weeks Annual Leave) Amendment Bill are all...
CER II: The Politics
When we published our May cover story on the progress made under 20 years of closer economic relationship (CER) with Australia we promised more. The growing closeness of the economic and political relationship between our two countries was, we said,...
Coming Up
October 7-9 Effective Partnering with Your Board, NZIM, Wellington. Contact: Colleen Cording, 0-4-495 8300, colleen_cording@central.nzim.co.nz October 8-9 Managing for Performance, NZIM, Wellington. ...
Coping with Complexity
Disorder, says Dave Snowden, is an essential part of human life. The trick is to work with it rather than always try to impose order on it. The man who heads IBM's Cynefin (pronounced Kun-ev'in) Centre for Organisational Complexity at Cardiff University...
Designed to Work?
More employees and managers may be working from home, but those who still turn up at an office believe the right working environment is more important than ever. Too often, it seems, workers are unhappy with their surroundings and managers are ashamed...
Extranet Expose: Demystifying the Technology
Despite the rise in internet use and e-business projects, many businesses have no idea what an extranet is. But then, there's no reason why they should. Extranet development is just a subset of the technologies and systems put into place when a business...
Eye-to-Eye on CER: Why Helen Clark Wants John Howard to Keep Looking in Her Direction
New Zealand and Australian Prime Ministers Helen Clark and John Howard differ on many key political Issues. But they have agreed on the need for closer Economic relations between the traditional transTasman Rivals. After 20 years of often painfully...
Gender Tender
Telecom chief executive Theresa Gattung was headlined "the $2 million woman", when newspapers reported her restructured pay package and the potential it created for her to earn more than $2 million a year. Business writers explained how the figure...
How Bad Is HRT?
The past 18 months have witnessed one of the most stunning reversals of fortune ever seen in the pharmaceutical industry. Hormone replacement therapy (HRT), once one of the most widely prescribed drug regimes in the world, has been virtually assigned...
How to Be an Effective Chairman of the Board
An effective chairman can make an enormous difference to board performance. Too often he or she is chosen without much thought to the qualities that go to make a good boardroom leader. So what are these attributes, and how can an effective chairman...
Keep Focused: And Make Life Easier: Ever Feel like You Are on a Treadmill That Increases Constantly in Speed and That the Only Effective Way to Get off It Is to Blow It Up? Take Comfort, You Are Not Alone
The average person is faced with increasing agenda of commitments and pressures--family, financial, career and time management to name just a few. Life in this 21st century is a never ending portfolio of distractions delivered daffy, even hourly, by...
Labour's Green Crunch
As political management issues stack up, they don't come much more challenging than genetic modification (GM). This is crunch month because the moratorium on applications for release ends on October 27. The Government says it must keep the GM door...
Measuring ROI: Return on Individuals: Investing in People Has a Feel-Good Ring to It-But What Impact Do Human Resource Initiatives Have on the Bottom Line? and How Easily Can That Impact Be Measured?
The leadership and innovation course you've just finished was a bit of a buzz--but what's it worth to your organisation? If you don't apply what you learned to the work you're doing, probably not a whole lot. But then again, if you seriously enjoyed...
Mentoring: A Concept for All Seasons
Organisations in most western countries have, in the past decade or so, experienced a spectacular rise in the formalised practice of 'mentoring'. This has spread rapidly throughout both the public and private sectors. Why has it been taken up so enthusiastically?...
NZ Looks Good to UMIEs
New Zealand, it seems, is becoming a desirable career destination for upwardly mobile international executives (UMIEs). That is at least one conclusion which could be drawn from the recently released Hay Group 2003 Executive Remuneration Report. ...
Planning to Move Office? Think Flexibility: The Commercial Property Market Is Currently a Game of Two Halves. the Investment Market Is Strong; Leasing Is "Steady". So What Should Organisations Thinking of Moving Premises Be Aware Of?
Looking to move premises? then the word to remember is "flexibility". Our work-a-day world is changing in every way, including the way we think about office space. And given that most organisations lease rather than buy the buildings they occupy, flexibility...
Right Royal Idea
Are managers professionals like accountants, doctors, lawyers and others of the kind? The British think so and moved last month to establish the Chartered Manager. The British Management Institute, like the Institute of Management in New Zealand,...
The Best Execs: And What They Are Looking For: As Talented Executives Become Savvier about Managing Their Career Paths, Companies Must Offer More Than Money to Attract Them. We Survey the Ever-Shifting Executive Recruiting Trends
The good news for organisations that have focused on building good employment brands is simply that--it works. The best candidates are being drawn to enterprises that have signalled their commitment to providing a people-centred environment. In...
The Hot Spot in Corporate Conference Venues: Destination Taupo: Taupo Has Taken off as a Corporate Conference Venue. the Number of Hotels, Motels and Meeting Venues Has Mushroomed. Why Are So Many Conference and Convention Organisers Making Taupo Their Destination of Choice?
The New Zealand conference industry is thriving. The domestic market in particular is running at record high levels perhaps, as Conventions and Incentives New Zealand CEO Alan Trotter puts it; "reflecting the current robust state of the New Zealand...
The Realty of Life
Here's a possible niche for some forward thinking property entrepreneur: a website that provides businesses with advice on the ins and outs of leasing commercial property online. I'm not sure how you can make it profitable, but it would surely fill...
The River Lodge: A Quiet, Self-Effacing Entrepreneur, Brian Smith Has Successfully Made the Journey from Shepherd to Owner of One of New Zealand's Premier Boutique Conference and Corporate Retreat Venues
A shade over 10 years ago, as a then hard working 30 year old country lad, Brian Smith was settling himself and his young family onto a 4000 acre sheep and cattle farm on the remote Wairarapa east coast at Pongaroa. Today he's in the thick of Taupo's...
Too Fast Forward?
Keeping up with technology can be tough on the back pocket--especially when you're not prepared to settle for entry-level performance, but prefer to future-proof yourself with the highest level of performance and functionality money can buy. Laptops,...
Tough at the Top
Senior executives don't last as long as they used to. In fact, tenure at the top has dropped by 30 percent over the past two years, according to a survey of senior executives in transition by global HR consulting firm DBM. The average tenure at...
Workers Lose Faith in Employers
Almost a third of New Zealand workers have lost faith in employers. Their confidence has been shattered by reports of corporate failure and misconduct, according to an international survey by global recruitment agency Kelly Services. The survey...