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Presented by:Philip Broughton and Suzanne Spencer

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New Zealand Institute of Chartered Accountants. University of Otago School of Business ... Research and development of Maori business models. Benchmarking with ... – PowerPoint PPT presentation

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Title: Presented by:Philip Broughton and Suzanne Spencer


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Maori Business Development in the South
Presented by Philip Broughton and Suzanne
Spencer August 2008
Polson Higgs, 2005
C
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Maori Business Development in the South
  • Participants and activities
  • Challenges
  • The way forward

5
Participants and Activities
  • Te Kupeka Umaka Maori Ki Araiteuru the Southern
    Maori Business Network KUMA
  • Our vision is to bring Maori business people
    together to enhance their individual success
    through our collective support

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Te Kupeka Umaka Maori Ki Araiteuru
  • Our mission is to provide a self-sustaining
    framework to support Maori business people to
    succeed in their chosen area and so contribute to
    the economic development of Maori.

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Participants and Activities
  • Te Puni Kokiris Business Facilitation Service
  • Delivery of the mentoring programme for eight
    years
  • Partnership between public/private sector
  • Available to Maori in business or aspiring to be
    in business
  • Assessment Intervention Review and Exit
  • 2006 won Vero Excellence in Business Award

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Participants and Activities
  • NZ Trade Enterprise Maori Trustee Training
  • Course is designed for Maori Trustees (existing
    or potential) involved in the governance of Maori
    organisations
  • Covers a range of topics from legal roles and
    responsibilities, planning, risk management,
    operations, human resources, quality and finances
  • Delivered by approved providers, often on the
    marae, over a number of weeks or as a 2 day
    programme

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Participants and Activities
  • Hui Taumata Taskforce research
  • Poutama Business Trust
  • Agencies Inland Revenue, Ministry of Social
    Development, Dunedin City Council, health and
    social service providers
  • Ngai Tahu papatipu runaka business
  • Mainstream business community
  • New Zealand Institute of Chartered Accountants
  • University of Otago School of Business

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Challenges
  • For small and medium sized business
  • Access to capital
  • Working capital management
  • Compliance
  • Systems (including information technology)
  • People development
  • Coping with growth
  • External factors PESTEL
  • Tensions between whanau and business

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Challenges
  • For tribal business
  • Governance and leadership
  • Management and accounting resources
  • Optimising commercial opportunities the first
    time
  • Implementation of strategy and measurement of
    outcomes

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Challenges
  • For tribal business
  • Factions and politics
  • Multiple objectives
  • Communication
  • Managing expectations
  • Managing intergenerational assets

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The Way Forward
  • Being proactive about Maori education and
    training
  • Curriculum development in tertiary business
    related courses
  • Research and development of Maori business models
  • Benchmarking with other Maori entities

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The Way Forward
  • Having a national voice
  • Building relationships and partnerships
  • Building bridges between Maori and mainstream

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