World-First construction tech could cut building emissions by 80%
-Mark Devlin New world-first technology developed to prevent design errors from cascading throughout the country’s most complex construction project to date could reduce cost overruns in New Zealand’s $275bn infrastructure pipeline by millions of dollars, as well as cutting new building emissions by up to 80%, according to new data. […]
World class is not optional
From May issue, NZ Manufacturer magazine Ian Walsh, Partner, Argon & Co While there are industries — car assembly, for example — where the economic case for local production can be debated, food is different. Producing food is something we should be doing. More than that, it is something we […]
Free 60-minute webinar
$144K recovered. 18% more output. When literacy improves, performance follows. As an operational or HR leader, you see the issues every day. Downtime that shouldn’t have happened. Instructions that were acknowledged but not followed. People waiting around for instructions, not sure of what’s next. And a strange silence during […]
(I wonder) What is in the Budget for manufacturers?
Another Budget, another election year. Lots of hand wringing? I hope not. The business community needs government to invest more and assist to make life better for all of us. Through these challenging times, we are not hearing from Ministers, expressing concerns, or sharing ideas to address the difficulties businesses […]
NZ‑India free trade deal: were early fears about immigration and investment justified?
by Rahul Sen, Senior Lecturer, Department of Economics and Finance, Auckland University of Technology Depending on which side of the argument you listen to, the recently signed New Zealand-India free trade agreement represents either a huge economic opportunity for New Zealand or a risk to its economic sovereignty. In an election year, […]
Talking point from Mayor Wendy Schollum: McCain and Wattie’s closures
When a major employer closes and another downsizes, the impact doesn’t stop at the factory gate. In Hastings it affects workers, growers, contractors, suppliers, transport operators, local businesses, and families across our region – because when steady jobs disappear, it is felt around kitchen tables, in local shops, and across […]
Three Ministers for Small Business and Manufacturing in Three Years
Andrew Bayly, Chris Penk and Cameron Brewer have been the ministers for Small Business and Manufacturing in the past three years. How has this happened? Manufacturing in New Zealand requires a strong focus and a minister in the position for the long haul (or three years as the political term […]
Better thinking, better results: The two-day world class productivity simulation that builds capability
By Neil Robinson, a Senior Business Consultant with Argon & Co (Auckland) specialising in productivity improvement, Lean systems and capability building. Welcome back! If you joined us for Article 1, you’ll remember how the World Class Productivity Simulation gives teams a powerful, hands-on experience of what helps — and what […]
Making scope 3 manageable: how to use spend-based emission factors
Manufacturers need a clear view of emissions across their value chain to identify hotspots, manage risk and meet reporting requirements. The challenge is that supply chains are complex, with limited visibility beyond direct suppliers. This makes scope 3 emissions difficult to quantify. Unlike scope 1 and scope 2, they […]
The most expensive decision you signed off
Why not investing still shows up on your P&L Not many of us would say it out loud at the next networking event or Friday drinks. The biggest barrier to growth in New Zealand manufacturing isn’t the banks, isn’t the government, and it isn’t Donald Trump. It’s us. […]
New Zealand manufacturers leaving value on the table in functional foods
As global markets shift toward science-led, high-margin nutrition, New Zealand risks missing a significant opportunity in functional foods, reflecting a sector that has been slow to move beyond its traditional commodity mindset, writes Mark Devlin, director of Impact PR and NZ Manufacturer business advisor. New Zealand is sitting on a […]
Focus on: Quanton
Garry Green, Managing Director and Founder Tell readers what your company does Quanton is an AI, automation and operational excellence business founded in 2016 with a clear purpose: empowering humanity for tomorrow’s technology, today. We help ANZ organisations navigate digital transformation by making AI and automation work for people, not […]
The emotional reality of a business exit
Mike Warmington, Director, Platform 1 Letting go of your business is often like letting go a piece of yourself. It’s been your life and you have been the business. Your identity is wrapped up in, and your confidence and self-worth are linked to its success. Staff feel like family and have shared the journey with you and your clients trust you. It embodies the sacrifices you have made including long hours, missed family time and sometimes financial and emotional stress. Exiting also means releasing control and direction of something you have built. For some it also involves grieving. It’s emotional as much as a financial transaction. The emotional side to an exit can often be the reason for delaying the process as you come to terms with the upcoming change you are not sure you are ready for. “The fact you will exit your business at some stage is inevitable” How can you lessen the impact? Firstly, it’s important to have a plan for your next phase of life before the exit regardless of the exit option you pursue. Prepare emotionally as well as financially. Not every business owner wants to go “cold turkey” and make a clean break. You can start the process well before you are ready to step out completely. An option is to start removing founder dependency over time, by bringing in a talented Business Partner who can free up some of your time and allow you to prepare emotionally for the shift. This person acquires shares over time and can give you the ability to emotionally exit at a timeframe of your choosing while protecting your legacy. Exiting your business is emotional because it’s not a transaction it’s a transition.