Sunday, August 01, 2010
SMEs drive Bay economy

Bay of Plenty small to medium sized companies are driving the growth in the Bay of Plenty’s economy, says the chairman of the Bay of Plenty branch of the New Zealand Institute of Directors.
“There’s a lot of growth happening in the Bay of Plenty and SMEs are driving that, which is a very very special feature of the Bay of Plenty,” says branch chairman Will Wilson.


Bay of Plenty branch of the New Zealand Institute of Directors chairman Will Wilson.

The Bay of Plenty branch was established in January and has already attracted 250 SMEs in the region, which Will expects to grow by 20 per cent every year.
A new online initiative from the institute has been launched to provide SMEs with practical guidance for improving their systems and governance.
‘Fresh Thinking: First Boards’ is a website that can be found at www.firstboards.iod.org.nz
“The BOP branch vision is to improve governance performance and competency to create wealth.
“The BOP branch is planning to hold a number of workshops throughout this year on First Generation Governance with companies who may be interested in taking that first step in terms of formalising their governance structure.”


Only registered users can post comments. LOG IN to post a comment.
  

Comment by Ron - added on 10 Mar 2010 02:41PM
First Boards
It is great to see someone taking leadership seriously. Too many text books and training sessions concentrate on the big companies and this looks as though it will be good for the smaller business.

Has the government made the right decision by tolling the Te Puke bypass?

Yes, it's great for business to build it fast.
No, it's just another increased cost for households.
Yes, it will make the roads safer sooner.
No, there is no need to rush.
© Copyright 2009 Sun Media Limited. All Rights Reserved