The current state and future challenges of the New Zealand red meat sector
In mid- November Rob Hewitt, Co-Chair of Silver Fern Farms Limited, spoke to members and guests on several areas including governance in agri co-operatives, the governance challenges of working in foreign markets and managing sustainability in New Zealand’s red meat sector. Felicity Caird from the IoD’s Governance Leadership Centre (GLC) also joined us for the evening and outlined the new topics covered in the 2017 edition of the Four Pillars of Governance Best Practice, including sustainability and human rights in business.
New Members' Lunch #5
It was wonderful to meet some of our newest members in late November and hear why they joined the IoD and what their future aspirations are. Thank you to IoD Chartered member Neil Hamilton who shared his governance and Chartered Membership pathway experiences and IoD member Barry Knight for his insights into how to prepare for your next governance role.
Sponsors breakfast with Duncan Cotterill
Duncan Cotterill drew on their extensive network to bring together an engaging panel of younger directors who are having an increasing impact on governance both locally and nationally. Their advice for those searching for new governance roles was to be proactive by undertaking training and making connections well in advance. Ensure that you are clear on the value that you will bring to a board. Also, you need a real passion for an organisation’s purpose to help you prevail in challenging times. Read more
Lunch with the Government Communications Security Bureau
Andrew Hampton spoke at a lunch in early October sharing some insights into the work of GCSB and our National Cyber Security Centre, followed by a discussion with Barry Brailey (Aura) and Mark Cathro (Duncan Cotterill) on how we can go about building cyber security into our governance and risk management work (refer to the IoD's Cyber-Risk Practice Guide).
Developing and governing a successful family business
Allan Scott shared his story in developing and governing a successful family business. Allan Scott Family Winemakers has evolved into a true intergenerational family business with all three of Allan’s adult children now entrusted with key operational elements.
Our congratulations to Mark Odlin who was presented with his Chartered Membership certificate by IoD CEO Kirsten Patterson.
Chartered Fellows and Distinguished Fellows Dinner
Canterbury’s Chartered Fellows and Distinguished Fellows joined the IoD President, Vice President, CEO, branch committee members and guests for dinner following our October function.
New Members' Lunch #4
Late September 30 of our newest members joined us for lunch. IoD Chartered member Alison O'Connell shared her governance and Chartered Membership pathway experiences, while IoD member Sarcha Every from Decipher Group gave insights into how to prepare for your next governance role.
BDO Sponsors Breakfast with Stephen Tindall
Although Sir Stephen Tindall is such as well-known and esteemed New Zealander, it is difficult to appreciate how engaged he is across the breadth of his interests. These include the Warehouse Group, the philanthropic Tindall Foundation, the K1W1 venture capital fund and our America’s Cup team. Over 90 attendees were privileged to hear Stephen’s governance-related perspective on these in addition to his candid responses to questions from the floor.
Joanna Norris, South Island editor-in-chief for Fairfax Media and editor of The Press, spoke to members and guests at our Timaru luncheon on 18 September. Our congratulations to Quentin Hix who was presented with his Chartered Fellow certificate by Branch Chairman Vincent Pooch.
Corporate to entrepreneurial - lessons learned in governance
On 5 September members and guests were treated to an insightful presentation from an authentic and practical local leader, Craig Jones. Craig framed his story in terms of The Four Pillars and how this applied to his governance experience and beliefs. He also emphasised the role a good Board can play in maintaining the confidence of CEO and top team. It was clear that Craig does not miss the corporate life. He particularly relishes the people challenges of running his own business, building durable customer relationships, and constantly fine tuning his team from Board colleagues down. His secret for success: “Love what you do”.
Congratulations to Sam MacDonald who was presented with his Chartered Member certificate by Branch Chairman Vincent Pooch at our 5 September function.
The dynamics of the board room play a significant role in the effectiveness of governance. At a well-attended event late August, Professional director Abby Foote gave a director's perspective on the role of board dynamics and ways in which boards can take practical steps to ensure that board room dynamics enhance their effectiveness.
Our website contains resources and thought leadership articles on board dynamics – so do take the time to browse:
Also congratulations to this year’s Award winners who were presented with their certificates at this event.
Tips to make your governance CV work for you
At a Christchurch workshop Kelly McGregor, manager of the Institute of Directors Board Appointment Services and experienced local director and IoD Chartered Fellow, Bruce Irvine shared their tips on how to make your governance CV stand out. For those that couldn’t attend this workshop, there are some helpful tips on our website.
Global risks in an uncertain world
The twelfth annual Global Risks Report, prepared by the World Economic Forum supported by five partners, including Marsh & McLennan Companies, highlights the social and political risks that have crystalised throughout the world in 2016, and examines some of their root causes. At a luncheon in early August, Steve Walsh examined some of the greatest priorities facing the world in 2017 as well as some of the key risks identified by New Zealand directors.
Governance event with UC Students
Thank you to the IoD members who shared their governance insights with the University of Canterbury School of Entrepreneurship students on 25 July – the case studies generated interesting discussions and encouraged everyone to contribute possible solutions to the governance dilemmas.
Adaptive Resilience and Governance
At an event sponsored by our branch sponsor, the University of Canterbury Centre for Entrepreneurship, Associate Professors Bernard Walker & Venkararaman Nilakant outlined the results from their research into disruptive change. We live in an increasingly disruptive world. Events such as extreme weather, natural disasters, financial crisis, terrorist and cyber- attacks are becoming more frequent and costly for businesses and communities. The researchers look at how businesses coped after the 2010 and 2011 Canterbury earthquakes. These large scale events identifies that the resilience needed is adaptive, meaning boards and management teams who operate in this way can ride the process as the disaster unfolds.
Associate Professor Venkataraman Nilakant and Associate Professor Bernard Walker - Adaptive Resilience and Governance
New Members Lunch #3
It was great to meet some of our newest members on 28 July and hear why they joined the IoD – what a diverse group with so much to offer! IoD Chartered member Jeff Field shared his governance and Chartered Member Pathway experiences, while IoD Chartered member Paul Bell gave insights into what boards are looking for and how to prepare for your next governance role.
Informal Influencing Techniques
Professor Dierickx, an experienced negotiator and a long time Professor of Negotiation Analysis at INSEAD, spoke to a full room of attendees at Clearwater Resort on the topic of informal influencing techniques. Perhaps his most important advice is to understand what people value and offer them relevant personal appreciation. Thank you to Professor Dierickx and to our event sponsors HWR Group for their generous support.
Professor Dierickx - informal influencing techniques
Engaging with our stakeholders
Mike Hannah, Head of Communications and Board Secretary for the Reserve Bank of New Zealand, shared with us the framework used to survey the Reserve Bank’s various stakeholder groups. The framework was based on Familiarity, Favourability, Trust and Advocacy. The results of the survey indicated that if the stakeholder had a high level of familiarity they were also likely to have a high level of trust and advocacy.
This principle is equally applicable at the board table. The more familiar your stakeholders are with the vision goals and objectives of the entity the more likely they are to trust and advocate for the organisation.
Click below to read Mike Hannah's presentation
Engaging with our stakeholders to promote understanding, accountability and dialogue
Congratulations to Neil Hamilton who was presented with his Chartered Member certificate by Branch Chairman Vincent Pooch at our June function.
To read more about our Chartered Membership pathway, click the link below.
Chartered Membership pathway
New Members Lunch
Thirty of our newest members joined the Canterbury branch committee and CEO Kirsten Patterson for lunch on 26 May. Recently Chartered member Nigel Pollock spoke about his governance journey and becoming a Chartered member and Nick Carter of Brannigans Consulting provided some useful tips for developing your governance career.
Evening function with Ngaire Best
Ngaire Best, Team Leader of the Appointments and Governance team within Treasury’s Commercial Operations Group, discussed the in’s and out’s on Crown Board appointments. In her current role she manages a small team which has oversight of 51 Crown boards. Read more.
Our Looking for board appointments page provides further information on how to register for public sector board appointments.
Breakfast with Gordon Walker
Thank you to our sponsors ASB for hosting our breakfast function on 5 May. Our speaker Gordon Walker transitioned from being a high performance athlete to coaching high performance athletes and through this learned about himself, his approach to winning and the importance of the process. Gordon shared a number of philosophies which guide his coaching practice, and which are equally applicable to the role of Director or Senior Manager; having a clear and understood purpose, having a rate of change that is better than that of others, the importance of quality honest feedback, and the support and positive influence of the people around you. Read more.
Branch Annual General Meeting
The Canterbury branch’s 34th annual general meeting was held on 20 March with guest speaker Andy Coupe, chair of Solid Energy. Being a director is no easy task and the responsibilities are considerable, even at the best of times. The measure of a director comes when times get tough. Read more.
New Members Lunch
Around 25 of our newest members joined the Canterbury branch committee for an informal lunch in early March. Recently Chartered member Keiran Horne spoke about her governance journey and becoming a Chartered member and Mike Stenhouse, Managing Director of Sheffield Ltd, provided some useful tips for developing your governance career and putting together an effective governance CV.
Sponsors Lunch with Aura
Peter Bailey, General Manager of Aura Information Security (an IoD Sponsor) gave a keen group of members a tale of IT woes and stories identifying how easy it can be for hackers locally, internationally, in person or on line, to break into organisation’s systems. Information security is no longer responsibility of the IT department and needs careful governance alongside active management to protect an organisations IP, revenue, reputation and systems from attack. Read more.
At the first member event of 2017 we heard from New Zealand’s Minister of Trade, Hon Todd McClay. The Minister talked optimistically about the 11 countries who signed the Trans Pacific Partnership (TPP) working together to try and salvage elements of the trade agreement since President Trump’s announcement that the USA will withdraw. He spoke about a changing approach to trade because of the changing nature of business with the growth in the digital economy and services becoming as valuable as goods. These created opportunities for New Zealand to upgrade existing agreements e.g. with Australia (CER) and China and to seek opportunities with other potential trading partners.
In our role of raising standards and recognising governance leadership we were pleased to honour Peter van Rij with Chartered Fellowship at our February meeting.