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If we want to grow our businesses, whether by market share, profit, or offering customers better value, we need to grow our people - and growing people means growing big brains. Management guru Tom Peters, speaking at the New Zealand Initiative's annual retreat dinner recently, gave a resounding and impassioned speech on the importance to business of investing in people, first and foremost. Read more
If you are familiar with Harry Enfield’s legendary BBC television series, there was a character called Jürgen the German. A tourist to London, he started every conversation with an apology “for my country’s disgraceful behaviour during ze war” – only to then rant on about what’s wrong with Britain. Read more
By all measures, it was a defeat of historic proportions for President François Hollande and his Socialist Party. Last weekend’s French local elections have turned the country upside down, or rather shifted it to the political right. Read more
The Prime Minister visited Europe this week. After meetings with European Union leaders, John Key announced that – finally – a free trade deal between New Zealand and the EU was on the table. Read more
It is election year and political opponents will soon take the gloves off to cast the usual aspersions on each other based on which side of the political spectrum they sit on. Right-leaning politicians are likely to be cast as devotees of Wall Street arch-villain Gordon Gekko and his “greed is good” ethos, the left drafted into the poor-and-jealous brigade, and more environmentally minded parties cast as caring more about trees than people. Read more
Given the troubles of Europe’s welfare states, it is hard to deny that large public sectors have a negative impact on economic growth. Where government grows too big it crowds out private activity, redirects resources from productive to unproductive uses, and stifles the economy with extra regulation and bureaucracy. Read more
The recipe for growth is well-known. Most economists would agree that lower taxes and less regulation can encourage entrepreneurship and job creation. Read more
Over the past decades, being a shareholder in Rheinisch-Westfälisches Elektrizitätswerk AG, one of Europe’s largest utility companies, was a pleasurable thing. Recessions and upswings came and went, but one thing was certain: each financial year, RWE would post a decent profit. Read more
Malta must be an exceptionally well-governed country. In the latest Eurobarometer opinion poll, only 53 per cent of Maltese said they tended not to trust their political parties. Read more
The New Zealand economy is undoubtedly in good shape but not all the factors behind the boom can or should be sustained indefinitely. This raises two questions: How much is temporary? Read more