Government launches NZ Business Performance Panel

Date: 
03/04/2018

The Government has launched the New Zealand Business Performance Panel, a resource designed to increase small and medium sized businesses' productivity.

NZ Business Performance PanelThe New Zealand Business Performance Panel brings together knowledge and advice from experts locally and overseas. Paul Conway, Director of Economics & Research at the Productivity Commission joins the panel with Dr Julia Richardson, Curtin University, Perth, WA; Dr Anindya Sen, Otago University; Donna Purdue, MBIE; Daniel Hellyer, Deloitte; and Dr Pranab Majumder, Duke University, Durham, NC.

The panel aims to help Kiwi businesses find practical ways to improve their management practices, such as cash flow forecasting and leadership skills.

Small Business Minister Stuart Nash said “The Business Performance Panel is a way to share knowledge from local and overseas experts through the website business.govt.nz. It means Kiwi businesses will have access to advice from some of the world’s thought leaders on business performance, tailored to suit a New Zealand business environment.”

Members of the New Zealand Business Performance Panel have worked with business.govt.nz to create the first section of business performance resources – on leadership and management – including information, case studies, and self-assessment tools. A new section on strategic finance has also been launched with help from the Panel. Businesses can use it to understand and take control of their finances – and make better decisions. See business.govt.nz.

“Improving managerial skills is recognised by the OECD as the single greatest action businesses can take to raise their own productivity. This point has been supported during research by both the Productivity Commission and business.govt.nz.

“I look forward to seeing more of the resources the Panel creates to help Kiwi businesses, as they continue to draw on expert advice from the global frontiers of innovation and business,” Mr Nash said.