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


New Zealand Should Listen to Immigrant Population

New Zealand Should Listen to Immigrant Population

New Zealand and Australia are guilty of not listening to their immigrant populations say business leaders at the launch of Chartered Accountants Australia and New Zealand’s (CA ANZ) latest future[inc] paper ‘Fast Forward – Leading in a Brave New World of Diversity’.

As a consequence, both countries dilute their engagement in overseas markets which will impact on the future prosperity of both nations.

Over 1700 business and financial leaders across New Zealand listened to a distinguished panel debate the latest paper which was commissioned by (CA ANZ) and written by Deloitte.

Murray Jack, Chairman, CA ANZ hosted a panel comprising Andrew Hamilton, CEO, Icehouse; Dr Jo Cribb, CEO, Ministry for Women; Tarun Kanji FAC, Director; and, Juliet Bourke, Deloitte Partner and author of the paper.

Tarun Kanji said: “We want to be active in foreign markets which for many of us are complicated. But, we don’t fully utilise our immigrant talent at home to help us understand how to access foreign markets, and fully understand cultural differences. This is a big lost opportunity”.

The paper examines the traits that leaders need to embrace if they are going to lead their organisations forward in an increasingly complex and demanding world. Asia’s economic transformation, digital disruption and demographic changes will lead to diverse markets, diverse ideas and diverse talent. To unleash the potential, leaders will have to be inclusive and exercise six key signature traits: cognisance, curiosity, cultural intelligence, collaboration, commitment, and courage.

Andrew Hamilton added: “Our lack of cultural intelligence will impact on our ability to trade. One big concern I have is the lack of cultural and market intelligence on our boards … it’s poor”.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>


GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>


Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>


Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>