3. The medium sized business sector matters
3500 firms with
1/3 New Zealand
turnover Total Revenue
revenue
between $10m - $120 billion
economy
$150m
Or several times the size of the NZSX
Yet this engine room of the economy and its
owner managers are overlooked
4. At a time when big business damages the reputation of business, the
medium sized sector is populated by UNDERSTATED HEROES
Bernie Crosby Prolife Foods to become > $200m
Trans Tasman food business in
three years.
Brent Archer Aucom Electronics: Christchurch
and New Zealand's next ‘Tait’
Tim and Dan Alpe Why not the Richard Branson ‘s of
the Southern Hemisphere?
Each of these understated heroes are alumni of The ICEHOUSE
5. These transformations come from inside the firm yet our Government is
obsessed with outside the firm characteristics
Outside Inside
Leadership and Management
Skills = Education
Right People Knowledge
Investment = Money
Organisation Attitude
International = Access
Skills Judgement
Tax = Public Sector
Processes Connections
6. It is these ‘inside factors’ which translate to
economic growth
The Firm
Leadership and Enterprise
Management capability
Improves
X Innovation Business
Performance
Leadership and
management practice Investments
Xx all Firms = Economic Growth
7. Armed with new insight on private enterprise –
then create challenges that connect
‘Top ½ of the OECD’
What do these mean to
the owner manager and
entrepreneur?
‘Match Australia by 2025’
8. And the connections need to become meaningful at regional / local
Community level.
Regional Economic Performance
Food Marine Arts Total
Private Enterprise
Revenue ____ ____ ____ ____
Contribution ____ ____ ____
Public Sector Costs
Health
Education
Welfare
Energy ____
Regional Surplus or deficit ____
9. And at School levels
Bring an understanding of the role of private enterprise into the
classroom:
• Regional economic performance
• Activity of management
• Investment risk and opportunity
By partnering with business owner managers in the community.
10. The Idea:
Create CONNECTIONS that enable good business in Heartland New
Zealand
Create an UNDERSTATED HEROES FUND that enables NZ ers to invest
in multiplying The Icehouse learning for owner managers of medium sized
firms.
Translate country economic targets into meaningful objectives for owner
managers
Require regional authorities to inform their community of the contribution of
private sector industry segments
Bring the practice of business into secondary school learning by requiring
every school to have three business partners from their community.
