DYNAMIC BUSINESS Exclusive report: Deloitte TOP 200 AWARDS Inside: Winners and finalists for 2016 Company Chief Executive Chairperson of the Year of the Year of theth YearYea Z Energy D7 Mike Bennetts, Christopher Moller D10 Z Energy D8 Ranjna Patel Visionary Banner year for leader Deloitte Top200 ZEnergy takes outtop honour at prestigiousbusiness awards 016 is abanner year for the their promise to the community,” the Accident Compensation Corporation Deloitte Top 200 —New Zea- judges added. (ACC) was well represented. land’s most prestigious busi- No surprise, then, that ZEnergy ACC’s turnaround in financial per- ness awards. CEO Mike Bennetts also takes the formance and public perception over 2Several Kiwi success stories have crown of Chief Executive of the Year recent years earned it the Excellence been honoured, along with arecord for 2016. in Governance award; while deputy number of women in the awards. Bennetts’ “inclusive” leadership chair, Trevor Janes, was afinalist in The successes goes beyond the has seen ZEnergy develop are- Chairperson of the Year. winners. spected and well known brand in a Christopher Moller, lauded for re- The total profits for the Top 200 short period of time while, again, cent successesaschair of SkyCity companies measured on the Deloitte delivering commendable financial re- Entertainment, Meridian Energy, and Index are also up nearly 19 per cent. sults for shareholders. NZTA, won that category for his The top honour was presented to Spark was also afinalist for Com- “courageous leadership”. ZEnergy which progressed from a pany of the Year, while their manag- Zespri Group had impressive finalist in the 2015 awards to the ing director Simon Moutter was revenue growth of 27.5 per cent —the standout winner in 2016 among the runner-up to Bennetts in the chief highest in the top 50 ranked com- Top 200 companies. executive category. Ayear of success- panies, and enough to pip Trade Me The judges said ZEnergy was a fully countering disruption, increas- and Kathmandu to the Most deserving winner of Company of the ing market share against competitors, Improved Performance award. Year, citing its huge acquisition of and, like ZEnergy, bedding in a The David to Fonterra’s Goliath, Caltex which has delivered integra- rebrandingsuccess after initial scep- Synlait Milk, won Best Growth Strat- tion benefits which have exceeded ticism, was well-recognised. egy. expectations. The combination of company After asuccessful IPO in 2013, Importantly, the company had transformation and financial success increased competitiveness inter- successfully evolved aKiwi success also warranted recognition of Spark’s nationally, and industry-leading story around the Zbrand. Jolie Hodson as Chief Financial profitability figures, the dairy “This has resonated with New Zea- Officer of the Year. landers and they have delivered on At the governance end of town, the continued on D4 James Bergin ASB Jolie Hodson Young Spark Mike Bennetts Executive Chief Financial Z Energy of the Year Officer of the Year CEO of the Year This moment matters Congratulations to this year’s Deloitte Top 200 winners. deloitte.co.nz ©2016. For information, contact DeloitteToucheTohmatsuLimited. D2 nzherald.co.nz | The New Zealand Herald | Friday, December 2, 2016 Inside Dynamic Business 2016 Section One: Investing in the future 5-6: Investing in the Future is the theme of the 2016 Deloitte Top 200 awards. Deloitte Chief Executive See the Thomas Pippos explains why this is important to New Zealand and our correspondents take up the finalists theme within Dynamic Business 2016. Meet the Deloitte Top 200 Section Two: Exclusive Report Chief Executive of the Year 7: Company of the Year Mike Bennetts (left of picture) Winner: ZEnergy from ZEnergy as he talks with Herald Business Editor-at- Large Liam Dann in our online 8: Chief Executive of the Year video series. Also in the series, Winner: Mike Bennetts, ZEnergy Deloitte’s Thomas Pippos discusses the awards’ theme 9: Chief Financial Officer of the Year ‘Investing in the Future’ with Winner: Jolie Hodson, Spark Liam Dann. All finalist videos are available to view at 10: Chairperson of the Year nzherald.co.nz/business Winner: Christopher Moller 11: Excellence in Governance Winner: ACC 13: Best Growth Strategy Winner: Synlait Milk 15: Diversity Leadership Winner: ASB Dynamic Business 2016 Data gathering: Ryan Whittle, Susan Tong, Vicky 16: Most Improved Performance NZME Editorial Director —Business: Fran O’Sullivan Tang, Miguel Valero Winner: Zespri Writers: Liam Dann, Tim McCready, Tamsyn Maori list: Leon Wijohn, Wiremu Stone Parker, James Penn, Holly Ryan, Graham Skellern 17: Young Executive of the Year Data Analysis: Tim McCready, James Penn Deloitte Top 200 Awards Event Production Winner: James Bergin, ASB Co-ordinator: Lynaire Kittelty GM of Events: Petrina Maxwell Subeditors: Isobel Marriner, Shandelle Battersby Event Director: Sarah D’Audney 18-19: Visionary Leader Cover design: Richard Dale Sponsorship: Darrell Denney Winner: Ranjna Patel Online Editorial: Aimee Shaw Event Producer: Rebecca Widdison Advertising: Neil Cording Administration: Elizabeth Dale Section Three: Top 200 Tables Public Relations: Kate Barron 21-30 Tim McCready and James Penn unpack the Deloitte Team Graphic Designer: Michael Pati 2016 Top 200 Tables: Top Profit makers, Top Loss Top 200 project partner: Andrew Hirst Consumer Marketing: Sheridan Hill makers; Winners and Losers and more. Head of Marketing: Cassandra Worrall Data project leads: Silvio Bruinsma, Adil Maqbool nzherald.co.nz; top200.co.nz PRESENTED BY: CONGRATULATIONS TO THE WINNERS AND FINALISTS OF THE DELOITTE TOP 200 AWARDS FOR PHOTOS AND HIGHLIGHTS GO TO TOP200.CO.NZ THANK YOU TO OUR SPONSORS WHO MADE IT ALL POSSIBLE: D3 The Deloitte Top 200 Awards Investing in NZ’s future goodforbusiness Forwardlookingcompaniesare findingways to addressour biggest issues, writes Thomas Pippos ar removed from the tumult of The social investment approach, which Brexit, America’s presidential focuses on the quality of spending race and the ongoing conflicts rather than just the quantity and jus- in the Middle East and else- tifying the spending through return on Fwhere, our California-sized country at investment, is becoming more main- the bottom of the world is arelative Business as stream. Success requires taking bolthole of stability. calculated risks and learning from fail- Since the turn of the century New usual is no ures to adjust initiatives as necessary. Zealand has had just two prime minis- longer The benefits for companies who ters and two finance ministers. During invest in the wider future of society can the same time across the Ditch, Aus- sustainable and be greater employee engagement and tralia has had six prime ministers social retention. It can also be the basis for (although Kevin Rudd held the office innovation within their own business, twice) and five treasurers. Though the innovation and guarding against disruptive new business landscape can be character- entrants that are often “born social.” ised as one of constant change and investment Greater collective investment in our disruption, this political and policy stab- offers a future by our largest corporates can ility provides our business leaders with also build the intellectual and other amore certain regulatory foundation compelling property that we can trade on interna- from which to address other changes. extension to tional markets. And it can help attract Political stability is generally good for capital and labour, and maintain business. This shows in this year’s the status quo. greater societal cohesion and stability. Deloitte Top 200 list where overall the In terms of this latter point, investing profits of our top companies are up 19 Thomas Pippos in the future and addressing some of per cent on last year. our big challenges can help guard But the relative stability and pros- against the possibility of increased in- perity we have been enjoying could periods of relative stability afford our in general. The reasons are clear, with The growing majority of both consu- equality at home. There’s an ongoing change for any number of reasons. As largest corporates the opportunity to Brexit and the US election showing us mers and talent favour transparency argument about whether or not in- asmall trading nation we are exposed address more than just the bottom line. the importance of maintaining the con- and socially responsible business prac- equality is currently rising. But fact to the vagaries of an international mar- Sayings like “make hay when the sun fidence of the public in the establish- tice and initiatives, moving social im- often loses out to emotion in this dis- ket that can shift materially due to shines” or “the best defence is agood ment; including in the largest organisa- pact from aniche topic to amore cussion. circumstances far removed from what offence” come to mind. Certainly our tions that help define who we are. mainstream discussion for the execu- The intense frustration people are may be happening at home. At home, politicians have been running this line, Forward-looking companies are finding tive team and around the board table. feeling in other countries —the ones we we face growing challenges from an focusing on paying down debt and ways to address our biggest issues In fact, this topic also brings govern- often compare ourselves to —could increasingly diverse and ageing popu- keeping costs under control despite the through business-led ventures that go ment and business closer together on easily take root here with the Top 200 lation, child poverty, high youth unem- encouraging economic statistics. beyond traditional business as usual. how programmes are delivered. Apply- corporates able to play arole in keeping ployment, the spiralling Auckland For our largest companies this is an The reality is that business as usual ing business rigour around such pro- it from our shores. housing market and increased infra- opportune time to build strategies to is no longer sustainable and social grammes is critical and something that structure demands on our cities.