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

 

Spark trims senior leadership team, will flatten structure

Spark trims senior leadership team, will flatten structure from FY19

By Paul McBeth

March 12 (BusinessDesk) - Spark New Zealand will trim its senior leadership team as it shifts to a flatter, less hierarchical structure from the September quarter.

From July, Spark's leadership team will consist of managing director Simon Moutter, customer director Jolie Hodson, finance director Dave Chalmers, human resources director Joe McCollum, product director Claire Barber, and technology director Mark Beder, it said in a statement. A marketing director is still to be appointed.

Spark Ventures chief Ed Hyde will leave the country's biggest telecommunications company by the end of June, with his unit being integrated into the wider business, while interim head of home, mobile and business Grant McBeath will return to his previous role in charge of consumer and small and medium enterprise sales.

Moutter said the company was adopting an "Agile model" involving "self-managing teams, each with clear accountabilities, who collaborate quickly and effectively with one another to deliver great products and services".

"In this model, business leaders act as catalysts, showing direction and setting up the systems for people to do their jobs effectively," he said.

Auckland-based Spark settled on adopting Agile earlier this year, with Moutter saying the greater autonomy of individual units was showing "significant benefit". That's part of a broader transformation programme to increase digitisation and automation and simplify its procedures as the highly competitive telco sector seeks margin through improved productivity.

An IDC report issued last week questioned whether current low margins and the large number of providers in the sector would prove sustainable, with cost-cutting and mergers likely among the more than 90 players in the broadband internet market.

The company is still deciding on whether to accelerate the programme, which would increase costs recognised in the current financial year.

Spark will update investors on the new operating model in the future, including any changes to how it reports earnings.

The shares rose 0.8 percent to $3.60, having slipped 1.7 percent so far this year.

(BusinessDesk)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

EU Wine Exports: Peter Yealands Fined For "Unprecedented Offending"

Yealands Estate Wines has pleaded guilty to “unprecedented offending” under the Wine Act 2003 and has copped a $400,000 fine. More>>

ALSO:

Discussion Paper: Govt To Act On Unfair Commercial Practices

“I’ve heard about traders who have used aggressive tactics to sell products to vulnerable consumers, and businesses that were powerless to stop suppliers varying the terms of their contract, including price.” More>>

ALSO:

'Considering Options' On Tip Top Ownership: Fonterra Drops Forecast Milk Price

Fonterra Co-operative Group Limited today revised its 2018/19 forecast Farmgate Milk Price range from $6.25-$6.50 per kgMS to $6.00-$6.30 per kgMS and shared an update on its first quarter business performance. More>>

ALSO:

Science: Legendary Telescope Being Brought Back To Life

One of the world’s most famous Victorian telescopes will be restored and available for public viewing in Takapō after spending five decades in storage... The Brashear Telescope was used in the late 1800s by Percival Lowell for his studies of Mars. More>>