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Waikato Business News April/May 2019

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>April</strong>/<strong>May</strong> <strong>2019</strong><br />

3<br />

Exciting, challenging, scary<br />

world full of opportunities<br />

In an increasingly divided world,<br />

businesses need to forget about the<br />

middle and instead look to the margins<br />

for their survival.<br />

By RICHARD WALKER<br />

“The average is always<br />

wrong,” Avon CEO Jan<br />

Zijderveld urged a Hamilton<br />

audience. The trick, he<br />

said, when it comes to data<br />

is to look for the peaks and<br />

troughs.<br />

He was the keynote speaker<br />

at a day-long Future of Work<br />

conference organised by the<br />

University of <strong>Waikato</strong>’s Management<br />

School in <strong>April</strong>.<br />

The energy transition<br />

to a low carbon future<br />

is key. “If we solve<br />

the energy issue we<br />

solve many of the<br />

other problems.<br />

With polarisation a crucial<br />

feature of the global economy,<br />

in business there are two<br />

models of success, he told an<br />

audience of about 200 during<br />

a bracing, hour-long presenta-<br />

tion with a global perspective.<br />

They are to go super-premium<br />

or super-value. “If you<br />

think about any market and<br />

you go for the middle, you are<br />

dead.”<br />

That plays out, for instance,<br />

in the food and nutrition sector.<br />

“Look at food. We have<br />

one billion people that are<br />

overweight, we also have one<br />

billion people that are still<br />

struggling. So they need food<br />

and need nutrition and both<br />

are business opportunities,<br />

but they are actually the opposites.”<br />

Zijderveld, a Distinguished<br />

Alumnus of <strong>Waikato</strong> University<br />

who graduated with<br />

a Bachelor of Management<br />

Studies in 1987, referred also<br />

to a “new debate” concerning<br />

the educated and the uneducated.<br />

“Seventy percent of the<br />

graduates in Scandinavia are<br />

women. And we are going to<br />

have a whole generation of<br />

angry young men. They are<br />

the soccer hooligans, they vote<br />

for the parties that are protest<br />

parties because they have no<br />

future. They see no future for<br />

themselves, and they are a<br />

huge political challenge.”<br />

Jan Zijderveld told his Hamilton audience the world is waking up to the challenge of sustainability.<br />

Globalisation had given a<br />

lot, taking half a billion people<br />

out of poverty, but was under<br />

threat, being played out in<br />

Brexit and US President Donald<br />

Trump’s desire to build a<br />

border wall.<br />

Zijderveld said the “silver<br />

economy” represented another<br />

area of polarisation, with a<br />

“big group” of wealthy older<br />

people, who have no need to<br />

economise when it came to<br />

spending, and a younger population<br />

that was “probably<br />

going to be on less.”<br />

“So you get a real polarisation.<br />

The average age in<br />

Europe is mid-40s - well,<br />

that's exactly the wrong age<br />

to target. It's actually the old<br />

people you should target or<br />

the younger people. So again<br />

you need to de-average and<br />

the problems and solutions and<br />

opportunities for both are very,<br />

very different.<br />

“So the big message I<br />

wanted to leave is de-average.<br />

Whatever data pool you look<br />

at, de-average. The opportunities<br />

are not in the averages.”<br />

Zijderveld, who was president<br />

of Unilever’s $14 billion<br />

European business before taking<br />

up the Avon position in<br />

February last year, also covered<br />

environmental challenges<br />

and technological change in<br />

his address, which was followed<br />

by a panel discussion<br />

and workshops.<br />

The second “big thought”<br />

was that the planet is under<br />

stress. That came with a challenge:<br />

“We've got to think<br />

about our responsibilities as<br />

citizens but also as business<br />

people. What do you do: are<br />

you part of the problem or are<br />

you part of the solution?”<br />

The energy transition to a<br />

low carbon future is key. “If<br />

we solve the energy issue we<br />

solve many of the other problems.”<br />

Almost all leading organisations<br />

in Europe had made<br />

a commitment to be carbon<br />

neutral or better, he said, citing<br />

Shell as investing “massively”<br />

in the transition.<br />

Continued on page 4<br />

When buying or selling a business in the <strong>Waikato</strong><br />

Talk to the people who get results.<br />

Jono Kennedy<br />

021 045 3871<br />

Otago<br />

Greg Dunn<br />

027 293 0377<br />

Tony Begbie<br />

029 200 6515<br />

Scott Laurence<br />

027 473 5425<br />

Graeme Finch<br />

027 495 3413<br />

Craig Paul<br />

021 786 496<br />

Being in business for yourself is one of the most<br />

exciting and rewarding things that you can do. It can<br />

be challenging, it can be tough, but the satisfaction<br />

of running and building a successful business is<br />

immense. So if you’re wanting to sell a business you’ve<br />

built up over time, or want to buy an independent future<br />

for you and your family, we’re the people to talk to...and<br />

we are based right here in Hamilton.<br />

Denise and Grant Lumsden talk to<br />

Mike McRoberts about how together<br />

they grew their Totalspan franchise<br />

business.<br />

Watch more at<br />

ABC Biz TV<br />

www.businessesforsale.co.nz/ABC-biz-TV<br />

AUCKLAND WAIKATO BAY OF PLENTY ROTORUA - TAUPO HAWKES BAY MANAWATU WELLINGTON CANTERBURY OTAGO<br />

www.businessesforsale.co.nz<br />

Licensed REAA 2008

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