Canterbury Branch

Recent presentations

Summaries and photos of recent branch events

2017 presentations

July

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

June

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

May

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.

March

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.

February

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.

2016 presentations

November


Christmas Cocktails @ CoCa Gallery

Members and guests enjoyed Canterbury's final event of the year at the Toi Moroki Centre of Contemporary Art (CoCa) on Thursday 1 December - an opportunity to relax and catch up with colleagues and friends while viewing the Gallery's latest exhibition Precarious Nature. CoCa's outgoing Chair Kristina Pickford and Director & Principal Curator Paula Orrell spoke about CoCa's post-earthquake challenges and opportunities. 


New members lunch

Some of our newest members joined the Canterbury branch committee for an informal lunch in mid-November. Paul Bell, Managing Director of Intepeople, provided some useful tips for developing your governance career and putting together an effective governance CV.


Roads as Workplaces

The Canterbury branch was priviledged to have NZ Transport Agency's Jeff Fleury speak to us 21 November 2016. Jeff's role with the Agency is as a heavy vehicle specialist and he has a particular interest in heavy vehicle compliance and heavy vehicle road safety. Jeff had promised a 'heavy hitting' presentation and he didn't disappoint. He explained in graphic details the effects of a large truck moving at speed and coming to rest quickly, and the personal effects of that stopping motion including roll overs, damaged property and ultimately damaged goods. The lesson for directors, and especially those involved in the governance of organisations involved in heavy vehicle transport, is that the comany does not control every aspect of the driver workspace including the physical and operational environment. What was particulalry interesting in that the obvious, such as wearing a mandatory seatbelt, was still not used by every driver and this required ongoing reinforcment of the benefits of use.

October


Succession Planning: what are the impacts on a governance role?
Over 90 attendees gathered on Wednesday the 12th of October for breakfast and a panel discussion on succession planning. The event was graciously hosted by our sponsor Duncan Cotterill.  The importance of succession planning was a recurring theme from the panel, especially given the risk of intellectual property being lost when unprepared succession is forced on a founder. With an increasing number of baby boomer company owners looking to step away from their businesses, succession is sure to become an increasingly important topic in coming years and should be on everyone’s agenda. 

Read more

Successful Succession Planning for SME's
For those members that were unable to attend our October breakfast event, our panellists have provided some guidance for directors when assisting with succession planning including some key questions for owners around their preparedness for succession.

Read more.


Biotech companies in New Zealand – can we reach critical mass?
During October we heard from Craig McIntosh, CEO of PharmaZen. Based in Christchurch, PharmaZen sells its products under the name of Waitaki Biosciences. Waitaki Biosciences is an innovative developer, manufacturer and marketer of science based, natural nutritional ingredients. Craig shared his views on research and development (R & D) in New Zealand and challenged our thinking around how we need to incentivise commercialisation in biotech.

Read more

Our congratulations to Helen Shorthouse, this year’s recipient of our Emerging Director Award.  Branch Chairman Vincent Pooch presented Helen with her certificate during the evening.

Read more


Fellows and Distinguished Fellows Dinner
Canterbury’s Fellows and Distinguished Fellows joined the branch committee and guests for dinner following our October function.

September


Data Centre Due Diligence
Members of the IoD were hosted by the team of Computer Concepts Ltd on 19 September.  The company has one of the largest and most advanced data centres in New Zealand operating in four locations with two further support centres. Being responsible for some of New Zealand’s largest and most risk adverse organisations, the company is naturally very focused on risk management to ensure the integrity and security of its clients’ data is maintained. Getting access to the premises and registering upon entry gave guests an immediate insight into the company's commitment to security.

Read more

Adding Value for Shareholders of a Cooperative
Jessie Chan-Dorman and her husband Hayden are dairy business owners leasing 420 hectares and milking 950 cows at Dorie, just north of Ashburton.  Jessie received the IoD Aspiring Director Award in 2014.  She is currently on the Federated Farmers National Dairy Executive, a director of the Ashburton Trading Society, an associate director of Dairy NZ and a member of NZ Asian leaders.  Jessie’s cooperative passion came through in her presentation of her insights into the dynamics of a successful cooperative at a recent IoD presentation in Ashburton.  A cooperative is best described as an organisation owned by, and democratically controlled by, and operated by those using its services.

Read more

August


Christchurch Rebuild Governance
A panel made up of chief executives from Ōtākaro, Regenerate Christchurch and Development Christchurch shared what their roles and responsibilities are to a packed room of local IoD members and guests on 22 August.  Well thought out questions from the audience ensured an informative and interesting panel discussion.  Congratulations to Keiran Horne who was presented her Chartered Membership certificate by IoD CEO Simon Arcus.  

Read more


Risk Management in Timaru

IoD members and guests enjoyed a very well attended function at The Grosvenor in Timaru on 10 August.  Presentations were made by Lisa Henderson from KPMG's Consulting Advisory team, and Therese Gibbens, General Manager of The Drug Detection Agency in Canterbury. Lisa addressed the issue of the link between strategy and risk, and gave the governance perspective on both negative and positive risk assessment as an essential element of board oversight of strategy. Therese gave an excellent presentation on director's obligations under the Health & Safety at Work Act 2015. She provided insight into the serious issues of impairment due to drug and alcohol use and misuse, as well as advice on services and practical solutions.


New Members’ Lunch

Forty new members joined us for an informal lunch in August. IoD course facilitator Catherine McMillan discussed the benefits of Chartered Membership and Nick Carter from Brannigans provided some useful tips on how to create your governance CV and searching for governance opportunities.


Waking the Sleeping Giant: NGO Governance in the new World

If NGOs are not government and not for profit what are they for and what can they offer the world of commerce and entrepreneurship? What are the unique challenges facing governance in the NGO world and what can NGOs teach business?  NGOs are rapidly professionalising their leadership and governance and this is being reflected in increasingly valuable partnerships with business and government. On 1 August, Chris Clarke, CEO of World Vision NZ, discussed these issues and how NGO’s global reach and increasing sophistication make them increasingly attractive partners for those interested in doing good business.

Read more

July


Trust, Reciprocity and Effectiveness of Executives

Insead Professor Dierickx brought his decades of experience studying, lecturing on and participating as a consultant in negotiations together into a lively lecture to make us reflect on how the age old challenges as to how humans engage.  We extend our thanks to HWR Group  for their sponsorship which once again enabled Professor Dierickx to facilitate this Christchurch workshop.


2016 Governance Development Programme

Congratulations to this year’s Governance Development Programme attendees who recently completed their six session programme in Christchurch.


Lean Thinking with Bryan Travers

The branch was privileged to have Bryan Travers speak on Lean Thinking on 18 July.  Bryan is an academic lecturing privately and at the University of Auckland Business School and his presentation titled ‘Lean Appreciation’ described the Lean Thinking philosophy. Bryan explained Lean Thinking evolved from Lean Manufacturing and Toyota in the mid 1950’s. He described the benefits of clearly focusing on value and waste minimisation that can come from having a fully engaged and workforce and focusing on the customer experience, from the customers’ perspective. He concluded his presentation explaining what these waste and value categorises might be for an organisation and challenged the audience to identify these for our own organisations. Overall Bryan’s presentation was enlightening and delivered in a way that was very engaging.

 

 

 

Cybersecurity with BDO
Thank you to our branch sponsors BDO for hosting our July breakfast on Cybersecurity - a sold-out event highlighting the importance of this topic to directors. Speakers James Dickinson and Andrew Sloman, along with panelists Mark Cathro and Fred Boles, introduced this dynamic area of governance and risk management, highlighting just how easy it is for cyber criminals to attack our organisations and the very real consequences. A timely reminder to  check out the IoD’s Technology Governance resources, including our Cyber-Risk Practice Guide, for further info on the board’s role in digital leadership.

June


Health and safety workshop

Despite the new Health & Safety at Work Act going through on 4 April, Health & Safety is still high on directors' minds - and this was showcased by the turnout at the joint session held with the IoD and the Business Leader's Health and Safety Forum in Christchurch in June. The Forum's new monitoring resource for CEO's is available from their website


Global Megatrends with Ross Buckley

At our June function, Ross Buckley from KPMG spoke to 85 members and guests about the impact Global Megatrends will have on the way we live and how they will impact on the decisions we make in our governance roles. A very thought provoking presentation.

May

New Members’ Lunch

Thirty-five new members joined us for an informal lunch in late May. Recently Chartered member Alex Skinner shared with us his governance journey and Sally Wynn Williams from Brannigans provided some useful tips on how to create your governance CV and searching for governance opportunities.


Cocktail function with Kaila Colbin

Kaila Colbin, New Zealand Ambassador for the Silicon Valley-based Singularity University, provided members with an overview of exponentially accelerating technologies and a startling look at the implications in a dynamically changing world.  Congratulations to recently Chartered Member Nigel Pollock who was presented with his certificate.

April

Christchurch luncheon with Peter Bradley

Peter Bradley, Chief Executive of St John, shared his governance and executive experiences and learnings from his career spanning the UK and New Zealand, including leading St John and the London Ambulance Service, the busiest ambulance service in the world. Peter delivered an overview of St John’s current structure and the trends that are challenging it to build a strong sustainable organisation with modern governance that can have greater agility in response to its economic context, increasing scrutiny and health demographics. Peter also presented on the how the recently introduced Health and Safety legislation will impact St John, and its governance, and how they have revised their organisation’s strategy including a greater focus on culture, training, improved reporting and investment in Health and Safety.

March

Sponsors Breakfast with ASB

In early March Kevin McDonald, Chief Risk Officer at ASB, spoke to 65 members and guests about regulatory compliance, risk conduct and the importance of data integrity in the day-to-day management and strategic direction of your business. Nurturing the right culture of risk awareness and in turn, effective risk management is truly a journey and that road can be long with many a winding turn for the organisations we work with. 
 


Branch AGM - Governance in a World of Complexity and Risk

Guest speaker at our Branch Annual General meeting, Raf Manji got us thinking with his reflections starting in a bank trading room in London, through to academic work, to civic roles and more latterly his present role as Christchurch City Councillor; with responsibility for Chairing the Finance Committee.  Based on the IOD’s Four Pillars; Raf made the case for what he called a fifth Pillar: Risk. In this regard he traversed both the big picture of systemic failures; and the detail of specific events along with actions that he had undertaken to try and escalate awareness of a need for change.

Read More


February

Governance stages to achieve a successful listing

A capacity crowd were exposed to the dilemmas, pressures, agendas, risks taken and fast pace style of Metroglass's development since the mid 2000’s. The expectations and opportunities of equity partners, banks, owners and stock exchanges as the organisation launched its initial IPO in 2014 required a range of governance responses to keep the organisation on track.  Attendees appreciated Nigel's energy, focus and openness in telling the Metroglass story to date.

2015 presentations

December


Christmas Cocktails
Finishing the year with Christmas cocktails at the Hagley Oval Pavilion provided the perfect opportunity to catch up with friends and colleagues. Our thanks to Ballantynes, Castaway Resort Rarotonga, Christchurch Casino, Christchurch Symphony Orchestra, Hanmer Springs Thermal Pools & Spa, Scenic Hotel Group, Scorpio Books and Working Style for generously providing some great prizes for our prize draw.  


October


The next 25 years - a forward view ont he things that matter
We were greatly privileged to have Dame Jenny Shipley as our guest speaker on 21 October. Dame Jenny shared the reality of being a director and gave her thoughts on the broader trends that will really matter in future. 
Congratulations to Rodger Findlay and Trevor Burt (not pictured) who were recently made a Chartered Fellow, and to Chris Bailey and Tim Trewinnard this year's recipients of our Emerging Director Award.


De-risking Innovation
Themes of ‘perfection kills creativity ‘ and ‘routine jobs are at risk in most industries’ inspired a noisy bunch at the latest IoD sponsors lunch. Grant Thornton are to be thanked for supporting Melissa Jenner to share her experience on de-risking innovation and how New Zealand companies can learn from the world's best.

Read more


September
2015 Governance Development Programme

Congratulations to this year’s Governance Development Programme attendees who recently completed the six month programme in Christchurch.

 

 

 



Drugs in the workplace - exercising due diligence
“Unmissable” – is the word for this thought provoking presentation from Therese Gibbens, General Manager of The Drug Detection Agency in Canterbury.  Therese highlighted that drugs in the workplace are more prevalent in Canterbury than the New Zealand average and that random testing, even done on a small scale, will have the benefit of bringing significant changes to employees out of work behaviour. The importance of having the right policies in place was also highlighted. Companies should have a “stand alone” Drug and Alcohol Policy as opposed to a few lines in a Health and Safety Policy or IEA’s.  The policy should be robust and reflect all issues which may arise as a result of the testing process.

Read more

IoD Governance Resources - Health & Safety

Drugs in the Workplace - A resource for directors


Communication in a crisis
On Monday 7 September South Canterbury members were treated to the “Spanish Inquisition” – fortunately a less fatal version - as Tony McCormick (CEO) and Nicky Hyslop (Deputy Chair) of Opuha Water Limited shared their experiences of having to communicate with a broad range of stakeholders following two serious crises, both attracting national attention, recently impacting their co-operatively owned irrigation company.

Read more

Prepare now to lead your organisation, because once you’re in the middle of a crisis, it’s too late. Register for the Managing in a Media Crisis course


August

A bankers perspective on rural governance
On Wednesday 26 August members had the privilege of an insightful presentation from Richard Hegan; National Manager Rural Corporate based in Christchurch.

Good governance is about stretching thinking; so all stakeholders can be more confident about what is best for that farming business. Richard noted that many of his customers saw the cost of an independent director as the primary barrier but almost invariably the value gained, in a wide range of ways, exceeded this. In his experience this value also was a net positive as measured against the perceived loss of control with a board.

Read more


The changing role of the founder of a SME
Steve Abley held an interactive conversation with attendees on his journey  and his changing role of as a founder of an SME.  As a result of having a Board he felt a Board forced the business to step up and deliver on plans for sustainable growth, recognise opportunities, develop new businesses and perform. This discipline and governance gave him his weekends back!

Read more

Learn more about setting up your first board


July

Trust, Reciprocity and Effectives of Executives
Insead Professor Dierickx brought his decades of experience studying, lecturing on and participating as a consultant in negotiations together into a lively lecture to make us reflect on how the age old challenges as to how humans engage.  We extend our thanks to HWR Group  for their sponsorship which enabled Professor Dierickx to come to Christchurch to speak.

Read more


On the Radar – Governance trends in 2015
IoD CEO, Simon Arcus updated members on key current governance issues for 2015 as well as trends picked up through the international research the IoD is now undertaking. Julie Hands, winner of this year’s First Step in Governance Award, was also recognised. The Award includes an internship position on the Ronald McDonald South Island board. Thank you to Ronald McDonald House South Island for their contribution to this Award. If your organisation is interested in providing an internship to a young or emerging director, please contact our Branch Manager, Sharynn Johnson.

Read more

On the Radar presentation

June

The evening event with Dr John Penno, Managing Director and CEO of Synlait Milk saw a full house and close to 100 attendees. John had previously addressed the branch three years ago and was able to update the audience on their IPO two years ago plus other recent company activity. He began by boldly saying that Synlait are becoming an infant formula and adult nutritional products company not a dairy company.

John’s talk was structured around Synlait’s vison; Think Big. Act Now. Do It Right. He covered how this vision was agreed to internally and the board’s involvement in developing it. He emphasised how important this was for employee engagement.

Read more

May

A governance model for NFP's
Alex Reese thoroughly engaged attendees during his 18 May presentation on governance lessons learned through the establishment of his Cricket Live Foundation. The foundation exists to teach life skills to youth through sport. The concept was born during time Alex spent attending a cricket academy and assisting with a charity in Mumbai India. Life skills are enabled through the teaching and transfer of coaching skills using Kiwi volunteers who travel to foundation academies in Sri Lanka, and soon to be established in India. Alex presented a commercial model that is based on a corporate-charity partnership, in his case with the founders of Dilmah Tea.

Read more

Governance in a family business
Martin and Jann Meehan, owners of Christchurch institution Kidd’s Cakes and Bakery, kindly hosted members on 4 May at their new purpose-built premises and shared the governance lessons they’ve learnt over the past 28 years.

Read more

Global Audit Committee survey results

A lunchtime event was a great way to enjoy the results of KPMG’s global financial audit committee survey results. Lessons from around the world were shared with members including specific recommendations for New Zealand including areas such as audit committee effectiveness, cutting out the clutter and cyber security. The lessons for better effectiveness of committees included avoiding mission creep, managing workloads within the committee and the mechanics of the meeting including typical meeting durations of between 1-2 hours (with Australia meetings being a little longer). 

Read more

April

Cyber security - who is accountable in your organisation?
Following on from the theme of Cyber Risks started at the lunch sponsored by Marsh in March, Tom Walton from Network Box posed the question who in your organisation looks after cyber security and how to approach this real threat to business from a proactive perspective.   The relatively high use of  third party providers by New Zealand companies means  systems are vulnerable to attack. Tom's advice to directors is get engaged, develop a framework to assess this real strategic risk to business and regularly review how safe are your IT systems.  Tom recommended users refer to the website www.connectsmart.govt.nz for advice on how to get started and monitor cyber safety as part of the governance role.

March

Marsh on Managing Cyber Risk
Cyber criminals are alive and very active.  This was the key message of protection either through mitigation and or insurance was presented in an informative and enjoyable lunch at The George on 18 March.  It was interesting to learn that the New Zealand Privacy Commissioner stated the year of 2012 was the year of the ‘data leak’.  Either though mistake or more malicious intent (cyber-crime) this has an effect on the performance of organisations either in terms of lost revenue, loss of intellectual property or loss of reputation (or combinations).  The clear message was awareness, testing and protection were key steps forward in protecting your organisation against these threats.

Read more

Branch Annual General Meeting
The branch AGM was held early March and our guest speaker was Rob Everett from the Financial Markets Authority (FMA).  Rob spoke about the good relationship the FMA has with the IoD and how both organisations worked well together. He emphasised that corporate governance principles underpin quality governance and it shouldn’t be about ticking boxes, rather adopting corporate governance principles and referring back to them consistently. He believes that the best behaviour comes from within. He referenced that failures are usually underpinned by when a human element breaks down. Governance may look good on paper however there’s a failure in behaviour to observe corporate governance principles. His observation is that some of the worst governance mistakes are made during good times, during times of acquisition and growth. And of course that directors need to remember that they’re there to serve shareholders.  With good questions from the floor it was a well-attended and informative evening.

February

Stand in the Gap: Health and safety – the cost of not getting it right
Wiremu Edmonds captured and inspired a well-attended  cocktail function at The George on 16 February.  Wiremu spoke of a crusade of leadership and individual responsibility for the well-being of our workforces; a crusade born from personal tragedy. The loss of a son in a forestry accident that should never have happened has been turned into a powerful message.  His presentation was confronting, raw, and compelling. Using New Zealand forestry culture and inter-generational experience, American Indian legend and values, and Karakia, he demonstrated his belief that everyone in the workplace has the power to make change for the better. Wiremu spoke from the heart and engaged everyone who attended.

New Members Lunch
Some of our newest members were hosted by our Branch Committee at a lunch in Christchurch.  A great opportunity to learn more about the IoD and the services it offers, as well as meet other members.

2014 presentations

December

Christmas Cocktails in the Botanic Gardens
Members and guests enjoyed a very pleasant evening at our Christmas cocktails at ilex-Botanic Gardens on 4 December.  The prize draw, as it does every year, caused a buzz of excitement with so many great prizes generously provided by local businesses.
 

October


Canterbury Branch Award night
It was a big night in Christchurch as we announced the winners of our Canterbury Aspiring Director Award and First Steps in Governance Award, and presented Distinguished Fellowships and Chartered Fellowships. Congratulations to all those honoured. We were delighted to have Adrian Orr, CEO of Guardians of New Zealand Superannuation as our guest speaker. Adrian discussed the activities and approach of the NZ Super Fund – an entity that is important for the future of each of us and our families.
 



Fellows/Distinguished Fellows Dinner
Fellows, Distinguished Fellows and Award winners joined the Branch Committee for dinner afterwards. A  very enjoyable evening was had by all.
 

Timaru function
Our annual branch visit south to Timaru attracted a good turnout to hear Sara Lunam speak on the topic of “How Good Boards add value for management”. Sara is Corporate Services manager at Port of Tauranga Limited. In this role, she holds governance positions in various Group subsidiaries, including the newly formed Timaru Container Terminal Limited. However her talk drew on deep experience far wider than her present employer; in fact going back to a younger career time at BHP Billiton where she was given a starting out opportunity to learn despite “knowing nothing about governance”.  Progressively larger operational and governance roles have since contributed to Sara having a clear view of how good governance should work.  She views Boards as more than a team - in fact, a social structure for supporting, monitoring, mentoring, and  challenging management, as they seek to develop strategy and execute the plans.
 

September


Christchurch Function – 22 September
Andy Borland, Executive Director of Scales Corporation Ltd, shared his experiences in taking this longstanding New Zealand primary industry business to a publicly listed company on the NZX in July 2014. Public listing is an aspiration for many NZ businesses, both as a means of securing growth capital and as a way of facilitating significant changes on ownership. There were relevant themes for all directors: having a plan, managing a full spectrum of risks, taking chances, managing stakeholders, and creating expectations of success which ultimately were delivered by a successful NZX listing.
 

August


On a balmy August night, we welcomed expat mid-Cantabrian Grant Murdoch of Brisbane. After leaving Christchurch a few decades ago as a Chartered Accountant, Grant carved out an impressive consulting career. Today he is primarily focused on his portfolio of governance roles. These roles range from several ASX listed entities to a not for profit. His talk, 'Governance on both sides of the ditch', was both well delivered and well received. Most Directors in the room felt greatly relieved that the complexity of the Australian Federal system overlaying competing state legislatures is not generally within their purview. That said; there are increasingly close economic relationships with Australia – as well as other influences - which mean that awareness of this legislation is a compulsory topic. What could have been a dry and pessimistic topic was well illustrated by examples of the good, the bad, and the ugly, which on reflection left the audience with a sense of guarded optimism about crossing the ditch and doing business in Australia.
 

July

Richard Westlake enthralled and entertained a well-attended 'Directors' Dilemma' session at The George on the evening of Monday 21 July. Richard used material from his recent studies at the London Business School and had each of the small groups in the room work through realistic board room scenarios. Attendees left the evening with a greater understanding of the grey areas of governance, enhanced networks and a desire to continue on their governance careers. It was also the first time any of us had heard Iran and the Chatham Islands used as examples at the same time – thanks to Richard’s global governance experience.
 

June
Contractor InitiativeStephen Reindler eventStephen Reindler event







Health and Safety has been the focus over the past month with Stephen Reindler presenting a practical session to Canterbury members on health and safety from a director’s perspective, but also from an engineer’s perspective.  
The IoD nationally supported the launch of Business Leaders’ Health and Safety Forum Contractor Initiative by hosting a number of events around the country.  This initiative has the potential to make work safer for a significant number of New Zealanders. Read more here

National AGM
Dame Alison Paterson was an enlightening key note speaker at the IoD’s Annual General Meeting held in Christchurch.  She supported the need for the IoD to be professionally focused, emphasising that the role of a professional director is not a narrow one.  In a world of constant change companies must grow or die - interestingly she reminded us that only one of the companies listed on the NZX in 1987, Michael Hill Jewellers, remains today.  It is therefore important that a company holds the fundamentals dear, understands the risks and is aware of the external factors impacting on their business.
 

May

During May we heard from Shenagh Gleisner. Shenagh has had a remarkably diverse career, spanning management of front line mental health services, being a Director of KPMG and holding many senior positions in the New Zealand public service, NGOs, creative and conservation sectors. She serves on a number of boards and is Chair of the Risk and Audit Committee of the Department of the Prime Minister and Cabinet.

Her presentation covered four themes. 1) The culture of a management or leadership team, 2) the governance capability of a leadership team; 3) pay attention to the quality of written work e.g. board papers, use of data and the intellectual thought process around decision making and 4) the quality of the chief executive’s leadership, how do you know the CE is performing well?  The evening ended with the reminder metaphor to ‘try not to fall in love with your chief executive!’
 

April


A determined group of Canterbury members and prospective members braved the rain and traffic to listen to Professor Conan Fee outline the strategic, risk and operational aspects of his time as Chair of the Burnside High School Board of Trustees. Professor Fee showed how many stakeholders a school has and made the point that Trustees need to understand stakeholder motivations noting ‘you cannot please everyone, all of the time’. He held the role through the turbulent earthquake period when Avonside Girls High School and the University of Canterbury used the school site for lessons. There were some demanding governance challenges to consider here. Prof Fee provided reflections within the context of his overall career, illustrating how one can become involved in governance from many career paths and for many reasons.


March


Canterbury members and their guests heard from Trevor Thornton on “The Power of Statuary Management”. Trevor is experienced in this area from his time as a partner and chairman of Grant Thornton New Zealand. Since June 2010 Trevor and two other partners have been statutory managers of Aorangi Securities Ltd, Hubbard Management Funds and a number of other lesser known entities. During his talk Trevor explained the powers and impact a statutory manager has and how this differs from receivership or liquidation.

He talked about what triggers the need for statutory management and the significant powers that come with it. He shared his recent and ongoing experience working as part of a cross disciplinary team on Aorangi Securities. It was pleasing to hear that the statutory managers have so far achieved the repayment of 92 per cent of the Aorangi investors’ capital. He shared a number of learnings around the intense level of public scrutiny and the role social media played as well as how working with an investor liaison group brings its own challenges.



Canterbury branch held a successful Branch AGM on 17 March, electing four new committee members – Bevan Killick, Julie Millar, Lucy Powell and Chris Stoelhorst. Following the AGM guest speaker Dame Margaret Bazley reminded us of the extent of the change that has occurred over the past fifty years in New Zealand society generally and the public sector in particular. She shared with us her reflections on those changes and her part in them.

Dame Margaret’s recipe for success:

  • Keep it simple.
  • Get the basics right – have firm timelines; identify who is accountable and when things are due; don’t let things slide.
  • Get people working together.
  • Have courage! Get to the heart of the matter. Address issues as they arise.
  • Time is short. We don’t have the luxury to waste it. There is so much to be achieved.

She concluded her presentation by saying – ‘It’s all about the people. It’s about making things happen and making things progress.’ Dame Margaret has certainly done that – and continues to do so.



The Canterbury Branch’s first SME Special Interest Group meeting was held this month at EPIC. It featured Brendan Sullivan of online marketing agency Conversion Foundry. Brendan spoke as an experienced tech business owner. He made the point that Google’s search rules have gone through significant change and are continuing to evolve – websites that were adequate several years ago now face significant threats and opportunities. An aspect of good governance is ensuring that a company’s ICT is serving its purpose.


February


Dr William Whittaker, CEO of the Institute of Directors, gave a presentation in Canterbury outlining how the Chartered Director programme would affect members. This programme is designed to transition the IoD from a membership organisation into a professional body. It aims to offer members meaningful recognition for their experience and expertise and to provide the market assurance of the quality of IoD members. View more details.

Mayor Lianne  Dalziel updated a large crowd of new and old members on her vision for Christchurch with her state of the City address. There were plenty of questions from the audience covering topics of interest to the younger and older generation.

She outlined the Council’s priorities for 2014:

  • A timeline to give residents certainty
  • Clarifying and stabilising the city’s financial situation and insurance settlement
  • Developing a city wide recovery plan that connects the central city and the Residential Red Zone to the rest of the city
  • Housing – we have a problem
  • Dealing with stress
  • Ensuring the Council’s planning and works programmes relating to the recovery are directly informed by the principles underpinning the Resilient Cities Network
  • Laying down transitional arrangements for post the CERA Act

It was a good humoured and insightful meeting enjoyed by all.