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.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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