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Trading up NZ’S First University Trading Room 2014 business@massey News from Massey University’s College of Business | 2014 Edition | massey.ac.nz Trading up NZ’s first university trading room Young and smokefree Massey’s ‘It’s My Life’ campaign THE ENGINE OF THE NEW Smart food capital of the world NEW ZEALAND A blueprint for our agri future | Massey University | 2014 | business@massey | 1 HAMISH NUTTALL, FOUNDER AND CEO OF NAKEDBUS. MASSEY MBA GRADUATE HamishHAMISH Nuttall NUTTALL, says studying FOUNDER a Massey AND Executive CEO OF MBANAKEDBUS. gave him theMASSEY skills and MBA confi GRADUATEdence he needed to transform his idea into a successful enterprise that has revolutionised bus travel in New Zealand. Hamish Nuttall says studying a Massey Executive MBA gave him the skills and confi dence he needed Theto transform MBA programme his idea into is taught a successful part-time enterprise on weekends. that has Massey revolutionised is proud tobus have travel helped in New thousands Zealand. of executives, SME owners and entrepreneurs achieve their business goals. The MBA programme is taught part-time on weekends. Massey is proud to have helped thousands of Goexecutives, to mbabreakthrough.ac.nz SME owners and entrepreneurs to read more about achieve Hamish their andbusiness other goals. Massey MBA graduates. CONTACTGo to mbabreakthrough.ac.nz 0800 505 825 | EMAIL to read [email protected] more about Hamish and other Massey MBA graduates. CONTACT 0800 505 825 | EMAIL [email protected] 2 | business@massey | 2014 | Massey University business@massey | 2014 Edition 5 15 17 13 Young and smokefree Cover story What is the key to getting young Kiwis to support a smokefree New Zealand? A new Massey campaign 6 Trading up sought answers straight from the horse’s mouth. Massey University started New Zealand’s first student-managed investment fund in 1995. Now it’s opened the country’s first university trading room. People 15 Social styling News With help from the ecentre Olivia Willard has launched LittleBlackFrock.com, a website that crowdsources 3-5 College of Business update fashion ideas for the style challenged. New partnerships with McDonald’s and Qatar Airways, teaching and research awards, and a profile 16 Rising from the rubble Contents of the newly-appointed head of the Institute for When the Christchurch earthquakes all but destroyed Executive Education and Enterprise. her livelihood, MBA graduate Lee Retimana rebuilt her business by helping others rebuild theirs. Research 17 Shane Bond capped once more Former Black Cap Shane Bond says his newly- 10 Student research army completed MBA will broaden his future career options. When Auckland Council needed a report compiled at short notice, it turned to Massey’s Auckland Knowledge Exchange Hub and 40 business students. Opinion 11 Massey studies living wage 14 The sky’s the limit Massey’s new living wage project should provide ecentre CEO Steve Corbett explains why cloud-based valuable data on one of the key issues of the 2014 computing could be the decade’s biggest job creation election campaign. HAMISH NUTTALL, FOUNDER AND CEO OF NAKEDBUS. MASSEY MBA GRADUATE opportunity. 20 Singles need work/life balance too 18 Rising Auckland house prices Hamish Nuttall says studying a Massey Executive MBA gave him the skills and confi dence he needed If balancing work and family demands is one of the Despite the Reserve Bank’s new restrictions on low- central challenges of modern life, why do parents deposit loans, property lecturer Alan Pope sees no to transform his idea into a successful enterprise that has revolutionised bus travel in New Zealand. score better on the work/life balance scale? end to high prices in the short term. The MBA programme is taught part-time on weekends. Massey is proud to have helped thousands of 21 The secrets of exporting success 19 The world’s smart food capital Massey has completed the largest systematic study Professor Claire Massey outlines her blueprint for executives, SME owners and entrepreneurs achieve their business goals. of New Zealand firms to identify the factors that lead ensuring New Zealand lives up to its agribusiness to successful export activity. promise. Go to mbabreakthrough.ac.nz to read more about Hamish and other Massey MBA graduates. 21 When simple is best CONTACT 0800 505 825 | EMAIL [email protected] Award-winning research by three Massey academics ARS OF M YE A 1 S means that even small investors can participate in 2 S G E N Y I the commodities market. T A A L B R A B N 2014 is a special year for Massey. E L Y E C Not only does it mark our 1 9 9 1 4 golden jubilee as a university, it’s 3 - 2 0 Social issues also the 21st birthday of the Albany 8 Teaching the teachers campus, which has become part of the fabric of the North Shore and the Auckland region. The Fin-Ed Centre is training youth and community workers to provide financial literacy programmes to teenaged beneficiaries and Northland wha-nau. 12 Global Enterprise Challenge Published by Massey University – www.massey.ac.nz Eight high school students were the Asia Pacific Editor: Sidah Russell winners of the Global Enterprise Challenge with their Writers: Sidah Russell, Nicole Canning, Paul Mulrooney, business plan for an environmentally-sustainable dive Steve Corbett, Alan Pope, Claire Massey company. Designer: Grant Bunyan | Massey University | 2014 | business@massey | 1 Welcome Business as usual? Partnering with business No thanks to enhance success Steve Maharey, Professor Ted Zorn, College of Business Vice-Chancellor of Massey University Pro Vice-Chancellor & Dean f the economists and prevailing business s this annual publication was going Isentiment are right, 2014 – which marks Ato press, pen was being put to paper Massey’s 50th anniversary as an independent on a landmark agreement for the College university – should be a good year for New of Business. The Warehouse, one of New Zealand. On our pastures, New Zealand’s 6.6 Zealand’s largest retailers, has agreed to million-strong dairy herd is industriously fund a new chair at Massey University – converting grass to the milk that will be turned the Sir Stephen Tindall Chair in Retail into sought-after dairy products; in Christchurch, Management. building teams are beginning work on the The Warehouse is a leader in both the host of empty sites strewn through the central retail sector and the community and city; at our airports, migrants are arriving, employs over 9,000 staff from Kaitaia in bringing with them skills, knowledge and consumer demand. the north to Invercargill in the south. The College of Business is proud At 3.4 per cent, the HSBC’s growth estimate for New Zealand puts us to be working with such an organisation to increase the capability among the strongest growing economies in the OECD, and in the December of one of the largest sectors of our economy. ANZ Business Outlook survey, business confidence stood at a near 15-year We want to raise the profile of retail as a career and this agreement high. is the first step towards partnering with industry to establish a degree From the international business magazine Forbes, more good news. in retail management. In its 2013 list of the world’s most business-friendly countries, New Zealand This project is just one example of the college’s focus on connecting came in at number two. Evidently, some things are going well for us. with business. You will read about many others in the pages of this Yet, by another obvious set of indices we are not doing nearly as well magazine – from our agreement with McDonald’s to create a pathway as we should. In 2009, New Zealand’s GDP per capita was 26 per cent for their managers to continue their education, to a tailored MBA below that of Australia. In December 2013, the New Zealand Productivity programme for Qatar Airways staff. Commission released a working paper showing that average labour Our priority for the coming year is to build on these initiatives so productivity levels in New Zealand were almost a third lower than in Massey continues to partner with the business community to develop Australia. their capabilities, and to use these partnerships to create learning This raises a serious issue. The New Zealand economy is still not ‘smart’. and employment opportunities for our students. A close and open That is, we fall behind other nations because we are yet to create enough relationship with industry will be crucial to our success, as will Massey’s of the added-value businesses we need to lift our overall economic unique three-campus structure and distance learning infrastructure. performance. One step that should help things along is the college’s newly- So what are we to do? created Institute for Executive Education and Enterprise. We have I believe that we can close the gap not only between ourselves and recruited the very highly-regarded Australia, but also with other developed nations around the world. The Mike Fiszer from Plymouth way forward is to make sure we think differently about how we run our University in the UK to head the “We want to raise businesses and our economy. Perhaps institute. He has been tasked the profile of retail most importantly, we need to ensure with expanding Massey’s MBA as a career and “We need to we apply more skill, more knowledge programme and offering ensure we apply and more research to everything businesses a ‘one-stop-shop’ this agreement is more skill, more we do. for education and research. the first step From its origins as an agricultural (Read more about Mike on p.3).
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