Does the OE Pay? Hassed Questions Offshore Career Development: Does It Pay Employers to Send Their Senior Executives Overseas for Career Development? and Does the Experience Lift the Standard of Management in New Zealand?
Sending managers offshore for advanced career development programmes might provide an opportunity to rub shoulders with senior managers from other countries, but there is little evidence that the experience lifts the quality of management in New Zealand, according to NZIM national chairman Tony Hassed in his 2003 annual report.
"The application of better management and leadership skills is critical to an innovative and growing economy, and to improved social well being," says Hassed. "A core component in improving New Zealand's economic performance is the management and leadership essential for businesses to be led more effectively and innovatively.
"Management skills are therefore critical, and whether they are learned and developed locally or offshore they must be given greater priority in secondary and tertiary education, and in ways that provide practical workplace benefits."
World Class 2008
The Institute's vision is "New Zealand management is world class by 2008", says Hassed. The vision is now measured by an international management capability index, developed and published for the first time last year by NZIM, which shows the capability of New Zealand management on an international comparative basis.
"NZIM's role and vision are well articulated and long respected in the tertiary environment. We continue to be the leading-edge provider of courses and processes that lead to improvement in management learning, and to set and maintain high standards that act as benchmarks for other organisations. We better equip first-line, middle and senior managers to meet their current and future challenges, and to develop skills for tomorrow's managers" says Hassed.
NZIM's educational and training programmes use approaches that ensure there is real improvement in management practice. "Our qualifications are designed to provide a supporting structure for adaptable, student-centred, facilitated, work-based programmes. NZIM has moved away from the provision of theory-based approaches to education towards a range of processes and services tied to clear planning and evaluation of their effects. This is leading to the design of radically new models of qualifications and learning frameworks."
As part of its strategy to build and retain strong international links, NZIM is hosting a major international Leadership Summit in New Zealand in October this year in association with the Asian Association of Management Organisations (AAMO). New Zealand, through NZIM immediate past chairman Doug Matheson, currently chairs AAMO. The summit will, says Hassed, focus on world-class leaders and thinkers. The themes are: the leadership challenge, chief executives for the leadership challenge, leadership--knowledge and learning organisations and emerging trends on the international landscape. NZIM also continues to have a close relationship with the Australian Institute of Management, Chartered Institute of Management (UK) and the American Management Association.
The New Zealand Institute of Management Foundation was also officially launched in Wellington last year by the Minister for Small Business, the Hon John Tamihere. "The Foundation has been set up with a capital fund target of $1 million over the next five years. Interest from the fund will provide scholarships, internments, secondments, international leader programmes, an annual lecture series, overseas or New Zealand study tour and also fund management and leadership projects and research," says Hassed.
Opportunities to apply for an NZIM Foundation scholarship are open to all practising New Zealand managers covering all business sectors including public and private companies, the public sector and not-for-profits. The Foundation's vision is to "facilitate the development of tomorrow's leaders". The aim is to focus on management and leadership.
Future leaders need the opportunity to apply, develop and broaden their capabilities and the scope of their experience beyond their current work or academic environment, says Hassed. …