Magazine article New Zealand Management

As I See It: Think Long Term; Act Short Term; Murray Wu Is General Manager, Corporate Responsibility at Kiwibank

Magazine article New Zealand Management

As I See It: Think Long Term; Act Short Term; Murray Wu Is General Manager, Corporate Responsibility at Kiwibank

Article excerpt

What are NZ's major challenges for 2013?

I am concerned about the "long tails" of underdevelopment that will create greater disparities and tensions if not addressed. The education system performs well by international standards, but Maori and Pasifika boys in particular are lagging. Healthy and affordable housing is in short supply and on current forecasts will become even scarcer. Auckland is the powerhouse of the New Zealand economy and while it is important to have a city of international scale, the provincial heartland regions cannot be left to decay. These are just three examples of gaps that are widening.

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

Companies are looking harder at the impacts of their business activities on the country. We need more of the positive impacts that improve the well-being of society, such as support of community initiatives and employment. We also need to mitigate undesirable side effects of business operations. …

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