Waikato Business News September/October 2018
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.
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WAIKATO BUSINESS NEWS <strong>September</strong>/<strong>October</strong> <strong>2018</strong><br />
11<br />
Te Waka ‘another<br />
step in the journey’<br />
A couple of weeks into his role as chief<br />
executive of newly formed <strong>Waikato</strong> regional<br />
development agency Te Waka, Michael<br />
Bassett-Foss talked to <strong>Waikato</strong> <strong>Business</strong><br />
<strong>News</strong> about the job, the future and his<br />
background. The following is a condensed<br />
version of the interview.<br />
What have you been doing<br />
since you started?<br />
A lot of talking to people. meeting<br />
people, understanding their<br />
aspirations.<br />
There was talk in the early<br />
stages about aquaculture. Is<br />
that still part of the agenda?<br />
Yes, totally. <strong>Waikato</strong> is made<br />
up of lots of different independent<br />
local areas with their own<br />
aspirations and their unique set<br />
of features. For Thames-Coromandel,<br />
absolutely aquaculture<br />
is one of their priorities.<br />
And it aligns with the priorities<br />
that came out of the summit<br />
the other day. Where there's<br />
regional priorities that align<br />
with local we'll definitely get<br />
into giving support.<br />
Can you step me through<br />
what the regional priorities<br />
are?<br />
They'll become clearer over<br />
the coming weeks and months.<br />
We have some urgency to get<br />
something out but we don't<br />
want to miss anything, so that's<br />
the balance we've got. What<br />
we've got is 19 aggregated priorities<br />
building on the region's<br />
strengths. Below the 19 priorities<br />
there are many others that<br />
didn't feature in the aggregated<br />
list and there will be some gems<br />
in there, so we need to go back<br />
and look at that. Also we need<br />
to lay over that what is already<br />
going on in the region that we<br />
just can't drop or is going to<br />
add momentum to some of<br />
those priorities. We're not about<br />
writing strategies, we're about<br />
doing some stuff. Over the next<br />
weeks and months, we want<br />
to go back to some of the key<br />
stakeholders and bounce some<br />
of those new priorities off them<br />
and then broaden the circles and<br />
engage with more and more as<br />
we present the prioritised list.<br />
What part does the Provincial<br />
Growth Fund play?<br />
The PGF has definitely influenced<br />
the thinking. You don’t<br />
do economic development<br />
in a silo, you do it in collaboration<br />
with other parties and<br />
in partnerships. And some of<br />
those partnerships are central<br />
government, regional government,<br />
local government. At<br />
the moment central government<br />
has a focus on regional<br />
development, so we've got to<br />
embrace that and align where<br />
we can.<br />
Is there a deadline coming<br />
up?<br />
Minister Shane Jones invited<br />
us to go back and he had an<br />
open door before the end of<br />
the year. so we'll be looking at<br />
<strong>October</strong>-November to go back<br />
with some of those. But there<br />
are already PGF applications<br />
in play where we have been<br />
involved and supported, so this<br />
isn't starting from nothing.<br />
What's your role in that<br />
case? What can you add?<br />
We can add a reasonable<br />
amount. Firstly, where a local<br />
area proposal or regional area<br />
proposals aligns with priorities<br />
we can come in and give<br />
quite a bit of support, letters of<br />
support in particular. And we<br />
might be able to leverage other<br />
support in to evaluate business<br />
cases, critique certain areas,<br />
especially when the idea or the<br />
project influences other areas<br />
of regional development, like<br />
setting up a key piece of infrastructure.<br />
You’ll be working with<br />
stakeholders across the<br />
region. What difference will<br />
Te Waka make?<br />
Standing back before I answer<br />
that, because it's not all about<br />
PGF proposals, <strong>Waikato</strong> has<br />
been slow in coming to the<br />
table with a regional economic<br />
development agency. That's not<br />
necessarily a bad thing, often<br />
these things are better done at<br />
the right time rather than rushed<br />
at the wrong time. Despite that,<br />
<strong>Waikato</strong> is doing very well. Part<br />
of that is because of its natural<br />
makeup, its geographical<br />
location in New Zealand, the<br />
regions it borders with in the<br />
golden triangle, its very rich<br />
natural environment, and the<br />
people it has. So it's got a lot<br />
of good things going on. But<br />
in the reports that were done in<br />
the years leading up to the formation<br />
of Te Waka it was cited<br />
that the economic development<br />
frameworks within the region<br />
weren't joined or linked up,<br />
they were very different across<br />
the region. Much of that is<br />
appropriate because each local<br />
identity has its own makeup and<br />
its own aspirations, so that will<br />
continue, but where you can get<br />
alignment and more joined-up<br />
focus on priorities you've got a<br />
much better chance of getting<br />
them done. Again, we won't be<br />
doing it all. Some of the priorities<br />
that come through this<br />
conference we will absolutely<br />
lead where it's appropriate.<br />
Others we will partner, collaborate,<br />
even “coerce” other<br />
organisations that are already<br />
in the space. And others are<br />
just not appropriate for us to be<br />
involved in. There's a blurred<br />
line between economic development<br />
and social development<br />
and Te Waka at the moment is<br />
focused on economic development.<br />
If you were to look ahead<br />
two years, what would you<br />
want to be able to show?<br />
What I'd like to be able to do<br />
is celebrate with others some<br />
of the good things that we've<br />
done. And I say “we” because<br />
it's not just Te Waka. In order to<br />
do that you need to build trust<br />
and respect and that takes time,<br />
it might well take two years<br />
or longer. Part of that will be<br />
around partnerships and collaboration,<br />
part of it is about<br />
supporting others. I think in the<br />
economic development space<br />
there is always many more<br />
opportunities than there are<br />
things you can actually deliver.<br />
So to be true to what we are<br />
here for, we do need to focus on<br />
some priority areas.<br />
Are you recruiting?<br />
Te Waka is in a startup phase.<br />
Aside from the already<br />
Continued on page 17<br />
Michael Bassett-Foss<br />
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<strong>Waikato</strong> Branch – Upcoming events/courses<br />
At the Institute of Directors<br />
we’re on the pulse of governance.<br />
Connecting, equipping and<br />
inspiring directors through thought<br />
leadership and our extensive<br />
network, professional governance<br />
courses, events and resources.<br />
12 <strong>September</strong> <strong>2018</strong><br />
Customer Governance Considerations in The World of Data<br />
Speaker – Frank van der Velden, Touchpoint<br />
12.00pm – 2.00pm, FMG Stadium <strong>Waikato</strong><br />
6 November <strong>2018</strong><br />
New Member Welcome Lunch function (invite only)<br />
12.00pm – 2.00pm, FMG Stadium <strong>Waikato</strong><br />
CPD: 2 points<br />
CPD: 2 points<br />
To register, please contact:<br />
Megan Beveridge,<br />
Branch Manager<br />
<strong>Waikato</strong>.branch@iod.org.nz,<br />
021 358772 or www.iod.org.nz<br />
14 November <strong>2018</strong><br />
NFP Summit<br />
4.00pm – 6.30pm, FMG Stadium <strong>Waikato</strong><br />
CPD: 2 points<br />
<strong>Waikato</strong> branch is kindly sponsored by:<br />
J1121P