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


New professional development courses for NZ co-op directors

14 August 2014

New professional development courses for NZ co-op directors

A new suite of professional development courses for cooperative company directors, designed by the best in the business looks set to benefit the boardrooms of co-ops throughout New Zealand.

Cooperative Business NZ and the Institute of Directors have this week signed a Memorandum of Understanding (MOU) agreement to jointly develop a programme tailor-made to meet the governance requirements of Kiwi co-ops.

The organisations outlined their new strategic partnership in a joint statement released following today’s [August 14] Annual General Meeting of Cooperative Business held in Auckland.

Cooperative Business Chief Executive Ian Macintosh says the programme will deliver additional benefits to his organisation’s membership.

“One of our key roles is the professional development of directors and senior executives of co-ops, and those interested in the sector.

“We’re continually looking to offer innovative programmes that provide the latest and best in co-operative education. By partnering with the Institute of Directors we’re confident that we will develop training specifically for cooperatives’ chairs and directors with varying levels of experience and expertise,” he says.

Institute of Directors Chief Executive Dr William Whittaker says the cooperative sector is important to the New Zealand economy and is an area where good governance can add real value.

“There’s a direct correlation between governance and performance. Good governance leads to optimal business decision making, which drives best economic outcomes. This also has flow on impacts on society, so it’s important that organisations really understand governance,” Dr Whittaker says.

It is expected that the first course developed by the partnership will be offered to Cooperative Business members by the end of the year.

Cooperative Business NZ represents the interests of this country’s cooperatives - or ‘co-ops’ as they are sometimes known - which account for more than three percent of New Zealand’s gross domestic product (GDP), employ 43,000 people and turn over $41 billion a year.

Bringing together the country's cooperative businesses in a not-for-profit incorporated society, Cooperative Business New Zealand:
• promotes the cooperative business model;
• encourages and supports New Zealand cooperative enterprise;
• acts as a representative society for those engaged as cooperatives;
• promotes discussion and cooperation with decision-makers at all levels of government designed to further the interests of cooperatives;
• facilitates and coordinates services, expertise and research in support of the cooperative business model;
• collects, verifies and publishes relevant and useful information relating to cooperative enterprise.

The Institute of Directors promotes excellence in corporate governance, represents directors’ interests and facilitates their professional development through education and training.

It is a membership organisation of over 6,500 individuals representing the spectrum of New Zealand enterprise, from the public and private sectors.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news