New Zealand Management

Articles from Vol. 49, No. 7, August

3m's First 100 Years: And How It Plans to Manage the Next 100. (Company Profile)
Relatively few Western economy companies have lasted 100 years and lined up for the long haul of another century's trading. The $32 billion Minnesota-based diversified technology company 3M has. What distinguishes 3M's corporate longevity? Why, for...
A Coming of Age. (News, Trends, People)
One result of the fallout from dot-com failures in the United States is that there's a new premium on retired CEOs. Many are being lured back into business because their track record and experience help make company financial backers feel more secure....
A Healthy Jab
The Healthy Organisation By: Brian Dive Publisher: Kogan Page Price: $88 Brian Dive is a Kiwi who made it big on the international HR scene. He's now looking to replant some of his roots back in Kiwi soil. He is working with Auckland-based HR consultant...
Beating Techno Babble: Don't Let IT-Speak Go Unchallenged: Techos Often Speak a Language of Their Own. for the Less Technologically Inclined Leaders There Are a Few Simple Rules to Follow When Faced with the Need to Evaluate and Approve IT Recommendations. (Technology)
My four-year-old Millar is in his `why?' phase and if you've had kids of that age you'll know what I mean. For Millar `why?' is a sport: throw him one of life's certainties and he bats it right back, fend him off with a big word and he `why's?' it...
Binding On-Demand. (Binding)
Some people may think the binding marketplace is in decline, but those in the know believe it is undergoing a major transition, brought about by the internet, and smarter, more affordable printing devices. Organisations are no longer required to...
Comprehending Kyoto. (on the Web)
In the unlikely event Labour loses the election (race unrun as we go to press), then later this year Prime Minister Helen Clark, or her appointed minister, will sign New Zealand into the Kyoto Protocol at the Rio Earth Summit in Johannesburg. The Protocol--which...
Corporate Hosting: Ways to Wow Your Clients: If Pulling off Dinner with Former US President Bill Clinton to Help Launch a New Car Was a Major Coup, What Has It Done for Corporate Hosting and Events in New Zealand-Set New Precedents and Given the Industry a Confidence Boost, or Created Unrealistic Expectations?
Certainly the lavish dinner BMW put on to launch its new top of the range `7 Series' recently set new pricing levels in this country with guests paying $795 each to schmooze with the ex-president. Tickets sold out in 10 days and the success of the...
Corporate Life in 2020: The First Two Articles in This Series Looked at Corporate Leaders' Attitudes and Companies' Office Space Decisions Respectively, and How They Supported or Impeded Staff Work/life Balance and Productivity. This Final Article Projects Ahead to 2020 and Makes a Few Educated, Crystal-Ball Forecasts about the Nature and Requirements of Work, Leadership and Offices. (Life Balance)
The first and perhaps most predictable feature of the business environment in 2020 is the aging of the workforce. By then, it is predicted, there will be one billion elderly people in an eight billion global population. The Baby Boomers (born 1945-1965),...
Dr Freeth's Kiss of Life: Wrightson Resuscitated. (Strategy)
Wrightson is a 160-year-old company forced by changes in farming and rural servicing to transform itself while retaining the loyalty of 80,000 clients nationwide. But the restructuring during the late 1990s, that both centralised and divisionalised...
Exporters Attack the Reserve Bank's Rate Rises. (News, Trends, People)
The Reserve Bank's fourth consecutive lift in interest rates is deeply concerning to the export sector and points to the bank being "far removed from reality", according to the president of the Export Institute of New Zealand, Bob Fenwick. "The...
Fastback Offers New, Affordable, Professional Binding Machine-With Special Introductory Offer. (Product Profiles)
Manufactured in America and incorporating some truly outstanding technology. Since introduction to the New Zealand market in 1996, FASTBACK has been every binding machine operator's dream ... Why?--With just a single push button the operator is guided...
Happy Days Are Here ... (News, Trends, People)
It used to be that "work" came married to adjectives like "hard" rather than "fun". The discovery that a happy workforce is in fact a more productive one is all part of a more wholistic approach to management philosophy. Yes indeedy, workers are people...
Health in Hand. (Tech Nous)
Add-on devices for handheld PCs may soon reach epidemic proportions, if current trends in the United States are anything to go by (and in the IT world they usually are). I see the Handspring, an electronic organiser along the same lines as the Palm...
Hiring the Enemy? (Success Secrets)
One of the curious rituals of professional sports comes at the end of every season, when the trading begins. As players bounce back and forth like so many pinballs, the rationales of general managers are sometimes exposed as little more than wishful...
How EVA Exposes Non-Performers: Catching Top Executives Who Destroy Corproate Wealth. (Cover Story)
Is the destruction of a company's `real' market value an indicator of management competence? If it is, then the boards of directors of some of our largest companies should be taking a long hard look at the performance of their top executives. In some...
Making the Most of Talent in Transit: As the Popularity of Contract Work Grows, It Raises an Interesting Paradox in Human Resource Management. If People Really Are a Company's Greatest Asset, Then Surely Something More Than a Transitory Relationship Is Needed for It to Be Fully Realised. (Executive Leasing)
Few managers would argue with the idea that you need to develop people in order to grow the organisation--especially given looming skills shortages and the knowledge economy's need to harness top talent. At the same time, an increasing number of companies...
Management/ERG: Australian Index. (Economic Indicators)
The Management-ERG index of economic activity in Australia increased again in May. The increase in the index this month was driven by increases in retail trade and a recovery in building approvals, offset to some degree by falls in exports and imports....
Management/ERG New Zealand Index. (Economic Indicators)
[GRAPHICS OMITTED] The Management-ERG index of economic activity for New Zealand for April has been adjusted upwards to reflect the sharp increase in retail trade turnover. While data for May indicate a further rise in the index, growth in most...
Missing Link. (Editor's Letter)
There isn't any credible research available that we know of--either locally or internationally--to establish a direct link between management performance and the performance of the New Zealand economy. As NZIM chief executive David Chapman reports...
[On]line Dancing: Keeping E-Business Partners in Step: Few New Zealand Companies Can Build and Manage E-Business Platforms without Help from IT Specialists. However, E-business/IT Specialists Need Each Other to Deliver What the Customers Need. but How Well Is Everyone Getting along and Are They All Dancing to the Same Tune? (Technology)
Business partnerships, no matter how well they are helped along by inspired internet inventions, tanked-up telecommunications systems, and courteous collaborative software are essentially (thankfully) still about people. It takes human interaction,...
Our Trying CPI. (Economics)
Back in May 1997, 14 economists, statisticians and representatives of groups regarded as users of inflation statistics were appointed to advise the Minister of Statistics, then Maurice Williamson, on a revision of the Consumers Price Index, or CPI....
Six Rules for Transforming a Trusty Elephant. (News, Trends, People)
It sounds like the branding exercise from hell. Take one century-old corporate monolith (trusty, reliable) cut into 33 pieces (of varied age and size), give each of those pieces a unique ID, and simultaneously create a compelling new brand for the...
Speak for Yourself: Digital Media Is Replacing Traditional Tape-Cassettes, and Both Dictation and Transcription Now Happens Anywhere and Anytime. Digital Dictation Systems Have Come of Age. (Dictation Equipment))
Take a note Miss Jones--dictation is being re-accepted as the most efficient method of creating documents, putting thoughts on paper. "Business people are coming to the realisation that having relatively highly paid people performing their own typing...
The Greens' Tinge. (Politics)
Who owns the under-30s vote? Nandor Tanczos, say the Greens. This icon of greenery is anti-establishment, modern, different and attractive. But will the Greens own these people when they get to be 40-somethings, then 50-somethings, when they are...
The Ups and Downs of New Zealand's World Competitiveness; According to Recently Released 2002 Results of the International Institute for Management (IMD) World Competitiveness Yearbook, New Zealand's Performance Has Edged Up Two Places from 21st Last Year to 19th. This Is Still below Its 17th Position Achieved in 1999. (Nzim)
This world's most authoritative index on national competitiveness ranks us just behind Germany (15th), the United Kingdom (16th), Norway (17th), and five places behind Australia (14th). Published yearly since 1989, the index ranks and compares the...
Time to Stop the Rot. (News, Trends, People)
In the United States alone their are more than two trillion reasons why better corporate governance practices have suddenly leapt to executive top-of-mind awareness. The billions stolen, not to mention the trillions written off shareholders' corporate...
Totally Floored: The CEO Who Plans to Change the World: The Not Entirely Glamorous World of Commercial Flooring Might, at First Blush, Seem an Unlikely Place to Uncover a World Model for Green Management Strategies
But that is precisely what American-based Interface Inc is. The company's environmentally committed chief executive, Ray Anderson, was in New Zealand recently and explained why he thinks his "green building project" is a management model for the future....
Waste Time Faster. (Opinion Leaders)
Five years ago, who would have thought that so many managers would have found so much time to sit behind a keyboard and screen writing and reading so much email? The answer is precious few. The notion would have been seen as near preposterous: where...
Who Audits the Auditors? the Case for an Audit Committee: "... Calling an Orange an Apple and No One Appears to Have Taken a Bite of the Apple to Make Sure That's What It Was" Jane Whitman, the Wall Street Journal (Corporate Governance)
The manner and method by which auditors interact and report to a company's board of directors and shareholders is a key area of corporate governance. Unless shareholders unanimously agree otherwise, every company in New Zealand must have its annual...