Target, Costco, Marriott: Global lessons for New Zealand directors
When diversity becomes a business decision, outcomes vary. NZ directors can learn from global boardroom responses.
There is a small but significant shift in thinking about governance happening in the creative sector in Tāmaki Makarau.
It’s almost invisible to those outside the creative sector. However, the thinking and investment being made can major impacts on governance not just in the creative sector, but for governance in Aotearoa New Zealand overall.
Spearheaded by an overall creative sector capability initiative, six initiatives have been undertaken in the arts sector in Auckland, lead by Te Taumata Toi-a-Iwi. Three of these have a direct connection with governance:
This has not been a small undertaking: it involved five organisations, 1,491 individuals as direct participants and an online outreach of 13,205 people!
The work undertaken, facilitated by IoD facilitator Caren Rangi and Eynon Delamere, phase one of the creative sector governance initiative yielded generally applicable insights for governance in Aotearoa New Zealand generally, specifically in the context of new, less rigid governance paradigms:
Looking beyond compliance: While compliance is an important issue for governance, leadership is the greater challenge. “Perhaps we need to put the leadership visionary stuff up the front of the agenda when everyone is fresh and leave compliance to the end.”
There are further reflections in Caren’s short article from the engagement with the creative sector.
The strategy and leadership capability streams of this work also suggested:
Looking to the future, Te Taumata Toi-a-Iwi is moving to deliver phase two of the Future Models of Creative Governance Initiative with a focus on delivering stronger creative sector leadership through fit‑for‑purpose governance practice.
This will have important implications for creative sector governance and provide wider insights for governance, including evolving governance paradigms, as the work progresses.