Blog

Fonterra management issues inevitable…

Fonterra has suffered fairly sustained criticism over the last few months regarding its processes around product safety. The report from an inquiry into the botulism scare released yesterday said “Fonterra lacked an updated, well- rehearsed crisis plan to implement, as well as a crisis management team that could spring into action.”  This should be a(…)

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First step in succession

  Succession planning has been getting a lot of publicity, with a whole bunch of experts giving advice. In my view, it is one thing to say “you need a plan” or “you need to be able to delegate responsibility and accountability”, and quite another to come up with an explanation of how that might(…)

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Five SME Marketing Traps

  I recently completed an assignment to help a good little company re-invent themselves. They had been losing market share for a number of years, but had superior niche products at competitive prices. They had reasonable distribution, advertising and promotion programs, and excellent branding. They could not understand why they would be losing their market.(…)

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Change at IBM

Change, even small change, can be disastrous for companies unprepared. IBM suffered recently partly because a trend towards cloud computing altered the environment for their software products. (See blog on October 22 Responding to Change) Today I read a follow up article on Bloomberg, talking about how IBM is responding. References for both articles are(…)

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Good article about small business governance

A “desperate lack of external advice” is leaving New Zealand businesses vulnerable and creating a higher potential for failure if they attempt to go offshore, says business incubator The Icehouse. The comments follow early results from its new tool designed to assess how firms are doing on an range of measures including governance, market, leadership(…)

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Business partner cheated?

It seems everyone has heard of people cheating on their business partners. I was part of a company, called Holland Corporate Ltd, where that was the case. Although it took almost three years, the person has been found guilty of various breeches of law and liable for around $1.2m. For the benefit of anyone in(…)

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What is restrictive about Executive Recruitment

Ever wondered why Executive Recruitment companies are seldom able to appoint good staff to growing or changing businesses? A few days ago I noticed an advertisement by Xero, looking to recruit a senior manager in their company. It occurred to me that with the rate of growth that they are driving, and the with focus(…)

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Responding to change

Today (W/B 20 Oct14) IBM was sold off in USA by 7.3%, in a day that the Dow went marginally up at the time of writing. That drop equates to billions of dollars, and the biggest shareholder, a Warren Buffett entity, lost over a billion dollars. According to Bloomberg the underlying reason for the sell-off(…)

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