New Zealand Management

Articles from Vol. 53, No. 11, December

Achilles Wheel: Green with Envy: What Will It Take to Get Top Executives into Environmentally Friendly Motors?
Throw a few small, hybrid, or low-emission cars into your car pool and hey presto, you've gained instant environmental kudos for your company. You can parade your 'smaller environmental footprint' through the city centre as Kiwibank did recently in...
Read preview Overview
Aiming for Excellence: When Navel Gazing Is Not Enough: Being Best in the World Is Not Something That Happens Overnight-But a Bunch of Diverse Kiwi Organisations Are Proving They've Got the Credentials to Stay the Business Excellence Course
It aims to be the 'best small navy in the world" and with its recent award of 'silver' status in the New Zealand Business Excellence awards, the Royal New Zealand Navy is steadily steaming toward its goal. Like Hutt City Council--which became only...
Read preview Overview
A Moving Perspective: Tax Implications of Your Negotations
If you're planning a move--don't--until you've done your homework and explored all options. Making the wrong business moves when shifting can exacerbate what is already a stressful situation. The fact you're reading this issue of Moving Times...
Read preview Overview
Analysis
ANALYSIS MOST IMPROVED REVENUE Top 200 Rank % Change 97 Transfield Services (New Zealand) 181.3 110 Market Gardeners 159.7...
Read preview Overview
Bob's Building Site
Given the poor quality of many corporate websites, I'm willing to bet that this email conversation mirrors the design process at many companies. The problem is that often companies start to build their websites without first establishing their objectives....
Read preview Overview
Brett Gamble: Leadership with an Eye to the Future
Working in an environmentally sensitive fossil fuel-based industry, it pays to think long term. And that is precisely what this year's winner of the NZIM/Eagle Technology Young Executive of the Year Award, Brett Gamble does. He is a leader and a strategist...
Read preview Overview
Built to Grow
If this year's Top 200 Awards are anything to go by, successful companies don't give two hoots about talk of slightly less buoyant economic conditions. They're too busy forging their own destiny. They are, in the words of one of this year's Top 200...
Read preview Overview
Criteria
Management magazine's listing of New Zealand's largest organisations includes New Zealand subsidiaries and local branches of overseas companies that pay tax in New Zealand, producer boards, cooperatives, local authority trading enterprises (LATEs)...
Read preview Overview
Darren Levy
Darren Levy * Director of Short Courses at The University of Auckland Business School. * Recently graduated from Excelerator's 18 month Leadership Development Programme. * Active member of a number of business associations. * 26 years old. What...
Read preview Overview
David Suzuki: The Autobiography
DAVID SUZUKI: THE AUTOBIOGRAPHY * ALLEN & UNWIN AUSTRALIA * $35 Before reading this book, I knew only that David Suzuki was a 'celebrity' environmentalist in an era when celebrity is no guarantee of substance. Now I know a great deal more about...
Read preview Overview
Defensive? Me? What Do You Mean?
A co-worker responds angrily when anyone disagrees with him; another buries her boss in piles of irrelevant information whenever she's asked a question; a husband retreats into silence whenever he gets into an argument with his wife. These behaviours...
Read preview Overview
Diana Crossan on Older-Friendly Work Strategies
Workplace discrimination is one of the biggest issues for older New Zealanders in the workplace, and this has been reinforced in a recent international survey--the Kelly Global Workforce Index. The survey found that almost half of all New Zealanders...
Read preview Overview
Diary
For more detailed diary listings, visit Management's website wwww.management.co.nz Dec 4-5 HOW TO TRAIN SO PEOPLE LEARN. Massey University. Contact Patricia Fulcher 0-9-441-8185, shortcourses@massey.ac.nz or http://shortcourses.massey.ac.nz ...
Read preview Overview
Enticing Ideas
The business I manage currently has over 100 vacancies. An engineering consultancy with 1800 staff across Australasia, Asia and beyond, Beca and its competitors are struggling to find and keep a talented pool of human capital. It is a problem shared...
Read preview Overview
Financial Institutions
FINANCIAL INSTITUTIONS Pre- Total vious Assets Rank Year Company Name (Head office) ($000s) 1 1 ANZ National Bank ...
Read preview Overview
Fisher & Paykel Healthcare: Smart Operator
There's something very heart warming about a company as long in the tooth as this one winning an award for best growth strategy. Fisher & Paykel Healthcare has, of course, only been around in its current form since 2001 when the healthcare and...
Read preview Overview
Fletcher Building: Strategic Diversification
Fletcher Building nails the big one. After three consecutive years as a finalist for the top company slot, this savvy Kiwi company pips its competitors to the post and takes out the prize for 2006. It is, say the judges, a very worthy winner. Born...
Read preview Overview
Gary Paykel: Pragmatic Leadership
It should come as no surprise to aficionados of the Top 200 Awards that the Fisher & Paykel name crops up once more. In the previous 16 years, the company--or individuals from it--have been nominated 12 times. Back in his early days as chief executive...
Read preview Overview
Getting a New Boss
CEO SUCCESSION STRATEGIES Smart companies an for leadership changes with strategies that, if necessary, can be implemented at a moment's notice. Paul Menmuir, Madrid-based vice president with international management consulting firm AT Kearney, talks...
Read preview Overview
Greg Muir: Galvanising Change
It's tempting to think that Greg Muir has green fingers, for his time at Pumpkin Patch has been noteworthy for a huge growth spurt in the company's fortunes. Since he took over as executive chairman at the start of 2004, this iconic kids' fashion company...
Read preview Overview
Hot Stuff: This Year's Top Technologies Plus What to Expect in 2007
It's been an exciting year for information technology and communications (ICT). For the first time since the dotcom bust of the early 2000s, there's been a buzz in the air. And it's not all talk--ICT spending is increasing. According to research company,...
Read preview Overview
Howard Fancy
MEASURES OF SUCCESS Education is something nearly everyone has an opinion about--which means that Howard Fancy has probably had more gratuitous advice than most CEOs on how to do his job. At the end of his 10-year tenure, Vicki Jayne asks--how does...
Read preview Overview
Imagine
New Zealand, as a small country on the outer fringe of the globe, faces special challenges in improving or even maintaining our relative standard of living. Our small domestic economy cannot provide enough opportunities for growth in businesses...
Read preview Overview
Judges
TOP 200 JUDGES DR RODERICK DEANE is chairman of Fletcher Building and the New Zealand Seed Fund. He is a director of the Australian company Woolworths. He is also patron and on the board of governance of IHC Inc, and a member of the board of trustees...
Read preview Overview
Just Deserts: Rewarding Experiences: Should Companies Flash the Cash or Rev Up the Benefits of the Company Car? Sheffield's Sherry Maier on What Her Organisation's Local Remuneration Surveys Reveal
Behind all the headlines marvelling at executive pay and bonuses lurks the less electrifying market remuneration practice for middle management and general staff. However, there's more going on here than many people may think. Sheffield's 2006 Salary...
Read preview Overview
Making Globalization Work
MAKING GLOBALIZATION WORK * JOSEPH STIGLITZ * PENGUIN ALLEN LANE * $39.95 Nobel economist Joseph Stiglitz, is, through strenuous promotional efforts and impeccable timing, currently "hot". The former World Bank chief economist and academic darling...
Read preview Overview
Meridian Energy: Bold Decisions
New Zealand's largest renewable energy supplier has switched on some big results. It's hard to ignore returns showing a 34 percent spike in revenue and a 292 percent hike in profits after tax. Much of that stems from Meridian Energy's sale of its Australian...
Read preview Overview
Missing, Merged, Miscellaneous
MISSING, MERGED, MISCELLANEOUS JUST MISSED THE LIST Rank This Previous Revenue % Year Year Company ($000s) Change 201 (-) Postie Plus Group 114,312...
Read preview Overview
New Zealand Companies
NEW ZEALAND COMPANIES Pre- vious Revenue Rank Year Company Name (Head office) ($000s) 1 1 Fonterra Co-operative Group Co-op 13,056,000 Auckland ...
Read preview Overview
Office Market Outlook
Auckland CBD Prime office buildings have led the overall market in terms of demand and rental growth. There was no new office supply over the six months to June 2006 and prime vacancy rates fell to just 3.0%, down from 4.0% in December. The...
Read preview Overview
Open Country Cheese: Incremental Growth
This is the story of a very small cheese that is ripe for success. Open Country Cheese was formed back in 2001, the same day legislation restructuring the dairy industry was passed. Until then, the Dairy Board had exercised sole rights to export our...
Read preview Overview
Our Top 200 Companies: Built to Grow: Which Companies Defied the Past Year's Pessimistic Economic Outlook to Demonstrate Solid, Even Stellar, Performance? Who Is Helping to Change the Face of Our Economy? We Celebrate the Corporate and Individual Pacemakers and Groundbreakers of New Zealand's Economy
For a year during which potential, 'technical' or real recession seemed an ever-looming presence, New Zealand's top 200 companies have shown they are more than just fair-weather players. As a group they pushed their overall revenue up by 8.5 percent--only...
Read preview Overview
Performance by Sector
PERFORMANCE BY SECTOR Companies listed under the various industry sectors are ranked on their profit after tax, except for insurance which is ranked on revenue. Ranking in the Top 200 or Top 30 is also provided. OIL * GAS * MINERALS * ELECTRICITY ...
Read preview Overview
Praise the Lord and Pass the Profits: UK-Based Writer Joe Cushnan Questions the Religious Fervour Behind Corporate Mission Statements
In the blink of a couple of decades, Americanisms have infiltrated world commerce spreading a litany of one-liners, slogans, cultural folklore and the essence of fairytales all designed to make leaders sound wise and human and for employees to live...
Read preview Overview
Recognition for Technology Turnaround
When Rod Carr joined Jade Software Corporation as managing director three years ago, the company was facing what he describes as some "interesting" business issues. It had a healthy 25-year business history, a sound product and significant clients--but...
Read preview Overview
Salary Slippage: But Mainly for Generalists the New Zealand Institute of Management's Latest National Salary Survey, Conducted by Specialist Publishers Brookers, Contains Some Surprises. It Suggests That There Has Been Some Slippage in Senior Executive Salaries over the Past Year
Specialists at the top of the executive supply chain are making salary gains at the expense of top end generalists, particularly chief executives. This is one conclusion that could be drawn from this year's NZIM and Brookers national salary survey....
Read preview Overview
Seven Years and Counting
Margaret Thatcher once famously said she intended to "go on and on and on". She didn't. Before the voters could throw her out, her party did. Having renewed their leadership, the Conservatives went on to win a fourth term. Helen Clark is seven years...
Read preview Overview
Silos, Politics and Turf Wars: A Leadership Fable about Destroying the Barriers That Turn Colleagues into Competitors
SILOS, POLITICS AND TURF WARS: A LEADERSHIP FABLE ABOUT DESTROYING THE BARRIERS THAT TURN COLLEAGUES INTO COMPETITORS * PATRICK M LENCIONI * JOSSEY-BASS * $39.99 "Silos--and the turf wars they enable--devastate organisations. They waste resources,...
Read preview Overview
Sir Roger Douglas: Change Agent
It is hard, say our judges, to look at this year's list of Top 200 companies and find any that do not bear traces of the legacies of Sir Roger Douglas. In their view, Douglas is the politician who, in the past two decades, has had the most pronounced...
Read preview Overview
Snowy Peak: Sustainable Ethical Leadership
Snowy Peak, Emerging Enterprise of the Year in 2004, takes top spot in this catagory this year for its exemplary ethical leadership. Since its establishment in 1981, sustainability has been a driving force for Snowy Peak. Environmental, social and...
Read preview Overview
Stern Warning
The Stern Review: The Economics of Climate Change, published at the end of October, is a comprehensive analysis of the economics of climate change. Commissioned by the British Chancellor and authored by Sir Nicholas Stern, head of the Government Economic...
Read preview Overview
The Challenge of Future Technology
In five years work technology will be more portable and mobile and key communications tools will no longer be at the desk. How will this affect landlords and tenants? It's been a long time in evolution. People now have mobile phones and in some...
Read preview Overview
The Critical Role of Buildings and Workplaces
When you consider that your next office lease may run well into the next decade, it is critical to have a long term view of your company's work environment needs. Colliers International has explored longer term business trends and their impact on...
Read preview Overview
The Mysterious Case of the Flying Kiwifruit
The Stern Review on climate change and the economic costs of continued inaction painted a grim picture: rising sea levels, floods, droughts, up to 200 million migrants being displaced, and an economic cost globally of 3.6 trillion [pounds sterling]...
Read preview Overview
When Age Is a Work Barrier
In the time it takes for a child born today to get through university, New Zealand's population will be showing considerable signs of aging. Population projections suggest that the proportion of people aged over 65 will have more than doubled from...
Read preview Overview
When Boards Must Butt Out
Q I am a CEO and feel that my board is too involved in operational issues. I am constantly doing things for the board instead of doing the right things for the company. What's your advice? A This is a difficult position to be in but it is one in...
Read preview Overview
Year-on-Year Comparisons
YEAR-ON-YEAR COMPARISONS These tables compare the results of this year's Top 200 companies, Top 30 financial organisations, and the combined Top 230 results, with the per-formance of those same companies in their previous reporting year. TOP 200 COMPANIES ...
Read preview Overview