Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Advisory Boards Add Boost to New Business Growth

16 March 2014

Advisory Boards Add Boost to New Business Growth

Owners of New Zealand’s small to - medium-sized enterprises are getting advice on how to power up for business growth by appointing advisory boards.

Advisory Boards New Zealand is stepping out on a national education campaign to show the benefits of working with an advisory board and receiving expert advice while still remaining firmly in control of their enterprise.

A series of seminars starting in Wellington later this month and progressing to North Shore and South Auckland before taking in Tauranga will show owners how to get started with their own advisory board. Workshops are also planned for Christchurch later in the year.

Managing Director of Advisory Boards, Helen Down, says a carefully selected advisory board provides the benefits of discussing business issues with a panel of experts.

“Appointing an advisory board is like setting up an internal think tank of trusted advisors who can help owners make growth decisions and manage their business more effectively.

“Advisory boards are a perfect platform for getting experts committed to supporting your business into one room and mapping out ideas and actions to drive future growth,” she says.

Wellington-based Helen Down has specialised in growing small to medium-sized businesses through her own marketing and business development company, Synthesis Marketing.

“Advisory boards can be powerful tool for supporting our New Zealand business owners and companies,” she says.

“We will be running workshops for business owners interested in learning how to appoint a board and the simple structures and disciplines necessary for owners to act on the advice they receive.”

One of the messages from the workshops is that finding the right people can take time.

“There is a fine balance between getting people with the right skills that will benefit the business and developing a long term trusting relationship.”

Advisory Boards NZ is currently setting up a register of potential advisory board members which lists their skills and experience in specific areas at www.advisoryboards.co.nz

“Business owners will be able to search the website and find people compatible with their business aspirations,” she says. The big advantage of advisory boards is that they are not regulatory governance boards – the owners have total control and change their board at any time.”

The advisory board workshops for business owners wishing to learn how to start their own advisory board will start in Wellington on 26 March at the NEC House, Level 6, Wanaka Room, 40 Taranaki Street starting at 10 am and running for three and-a -half hours.

Other workshops will be held at South Auckland on 28 May, North Shore, Auckland, 29 May, with two sessions at Tauranga on 3 June and a further workshop at Wellington on 25 June.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news