Magazine article New Zealand Management

As I See It: Hamish McBeath; General Manager at Pacific Coilcoaters, Hamish McBeath Was Recently Acknowledged as the NZIM/Eagle Technology Young Executive of the Year

Magazine article New Zealand Management

As I See It: Hamish McBeath; General Manager at Pacific Coilcoaters, Hamish McBeath Was Recently Acknowledged as the NZIM/Eagle Technology Young Executive of the Year

Article excerpt

What are New Zealand's major challenges for 2012?

In the immediate future, New Zealand must learn to adapt to the changing global economy. Some of our traditional trading partners' economies are likely to be weak for some time, so we need to invest wisely and look for opportunities in non-traditional markets.

Businesses can become insular under pressure, and narrow in their thinking as traditional markets underperform. It's important to look outwards and stay open to possibilities; to actively seek opportunities to diversify and expand in to new markets.

Growing GDP and offshore earnings is essential for New Zealand to regain a positive growth position.

How well prepared are Kiwi business leaders to face these challenges?

In general, New Zealand is well positioned around good governance and managing through tight fiscal periods. Kiwis have a history of being pioneering, resilient generalists who can take on most challenges.

Our leaders need to maintain that entrepreneurial spirit while evolving to a more international focus and way of doing business. …

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