Magazine article New Zealand Management

Insulated Enterprise? (News, Trends, People)

Magazine article New Zealand Management

Insulated Enterprise? (News, Trends, People)

Article excerpt

Managers and HR directors reckon Kiwi enterprises had an easier time of it last year than the rest of the world.

An end of year survey by recruitment specialist Robert Half Finance and Accounting asked what caused the biggest impact on their businesses in 2002 and only 31 percent of them identified the economic downturn. This paled in comparison with results from managers questioned in eight other surveyed countries. On average, nearly 55 percent of managers in those countries claimed the global slowdown had had the biggest impact on their business.

"The general outlook is that business growth is continuing into the New Year--almost the reverse trend of that currently being experienced by our Australian, European and US counterparts," suggested Robert Half's New Zealand manager Kim Smith.

"Feedback indicated strongly that although the global economic downturn has greatly impacted businesses worldwide last year, New Zealand has managed to side-step many of the adverse knock-on effects and maintain positive business activity. …

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