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Waikato Business News July/August 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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44 WAIKATO BUSINESS NEWS <strong>July</strong>/<strong>August</strong> <strong>2019</strong><br />

Electronic<br />

scooters approved<br />

E-scooters are set to hit the<br />

city's streets. Hamilton City<br />

Council approved a six-month<br />

trial, for the hire of personal<br />

transportation devices from<br />

public spaces in the city, with<br />

permits available from <strong>July</strong> 1.<br />

New management team at Lodge<br />

City Rentals delivers benefits<br />

to landlords<br />

Get smart, Hamilton<br />

The interactive Smart Space<br />

has just opened beside the<br />

Garden Place Library. It is<br />

designed to tell stories of<br />

how technology is making<br />

a difference in addressing<br />

real problems facing our<br />

community and enabling<br />

innovation. Visitors are<br />

encouraged to provide<br />

feedback and thoughts on<br />

how emerging technologies<br />

may be applied to create a<br />

smarter society. Open to the<br />

public from 10am to 4.30pm<br />

Wednesday to Friday. For<br />

more information visit https://<br />

www.smarthamilton.nz/<br />

Māori walking tour<br />

of Kirikiriroa<br />

Te Ahurei Mā ori Tourism has<br />

just launched a guided tour in<br />

the CBD that will take you on<br />

a journey, across the scared<br />

lands of Kirikiriroa (Hamilton<br />

CBD). The tour is using<br />

prestigious visual art and lush<br />

surrounding landscape of<br />

Kirikiriroa, to tell the fascinating<br />

stories of the Tainui people.<br />

Follow them on Facebook at<br />

teahureimaoritourism<br />

Boon after dark<br />

Boon After Dark is bringing<br />

to the Hamilton CBD an<br />

incredible display of temporary<br />

sculpture to Garden Place by<br />

the art collective Hybycozo,<br />

support by CBD Events,<br />

Hamilton City Council and<br />

Beca. It will be installed in<br />

Garden Place from <strong>August</strong> 2<br />

to November 30. Follow Boon<br />

After Dark on Facebook for<br />

updates and invites.<br />

Lodge City Rentals has seen a change<br />

in management recently as real estate<br />

industry guru David Kneebone steps away<br />

from his role as general manager.<br />

Though Kneebone<br />

stepped aside in June, he<br />

remains part of the executive<br />

team and continues to<br />

provide advice and expertise to<br />

property investors, clients and<br />

the wider team.<br />

Branch manager Jason<br />

Waugh has taken up the reins<br />

from Kneebone who, Waugh<br />

says, has been exceptional in<br />

creating a team culture that is<br />

focused on excellence.<br />

The Healthy<br />

Homes Standards<br />

set minimum<br />

requirements for<br />

modern heating,<br />

proper insulation<br />

in floors and walls,<br />

ventilation in highmoisture<br />

rooms,<br />

moisture ingress and<br />

drainage, and draught<br />

stopping.<br />

“David has been instrumental<br />

in instilling the core<br />

values in our team. The transition<br />

of myself into the general<br />

manager role will be a matter<br />

of continuing the great work<br />

David has accomplished in his<br />

21 years of service to Lodge<br />

City Rentals. The goal of providing<br />

a high level of customer<br />

service remains our team’s<br />

focus,” says Waugh.<br />

Waugh has been part of<br />

the Lodge City Rentals team<br />

for 18 years. This experience,<br />

coupled with his background<br />

in the construction industry,<br />

has given him the nous to work<br />

closely with clients to help<br />

them build value in their property<br />

portfolios.<br />

“We’re fortunate that David<br />

is remaining within the Lodge<br />

Rentals team capacity so we<br />

can continue to draw on his<br />

expertise and knowledge.<br />

“His key focus has shifted<br />

to developing our service<br />

offering to landlords. He will<br />

work closely with clients in a<br />

property investment advisory<br />

role,” explains Waugh.<br />

Matthew-Shane Berryman<br />

has been promoted to branch<br />

manager.<br />

Berryman joined Lodge<br />

City Rentals in 2016 after<br />

Jason Waugh, left, and Matthew-Shane Berryman.<br />

working overseas as an investment<br />

consultant and banker.<br />

He has extensive experience in<br />

both the real estate and banking<br />

industries.<br />

On the immediate horizon,<br />

Waugh says the team<br />

is focused on ensuring the<br />

Healthy Homes Standards,<br />

which came into force on <strong>July</strong><br />

1, is rolled out by all landlords<br />

across all rental properties<br />

under management.<br />

The Healthy Homes Standards<br />

set minimum requirements<br />

for modern heating,<br />

proper insulation in floors<br />

and walls, ventilation in<br />

high-moisture rooms, moisture<br />

ingress and drainage, and<br />

Intelligent automation<br />

should lighten the load<br />

David Kneebone<br />

draught stopping.<br />

“We are putting the right<br />

steps in place to ensure the<br />

rental properties under our<br />

management are dry, warm and<br />

to the standard they should be.”<br />

CBD celebration<br />

awards<br />

The CBD Celebration Awards<br />

are sponsored by Spark<br />

<strong>Business</strong> and brought to<br />

you by Hamilton Central<br />

<strong>Business</strong> Association and<br />

The Breeze. Support your<br />

favourite business for the<br />

People’s Choice awards, open<br />

from <strong>August</strong> 1-21, vote at<br />

hamiltoncentral.co.nz.<br />

CBD activation in<br />

spotlight<br />

The CBD will be on show<br />

when Hamilton Central<br />

<strong>Business</strong> Association presents<br />

at the International Cities, Town<br />

Centres and Communities<br />

(ICTC) Conference -<br />

Transformative Cities, held in<br />

Townsville in October. HCBA<br />

has been invited to speak<br />

on CBD Activation - bringing<br />

vibrancy to public spaces<br />

through activation, events<br />

and people. Visit ictsociety.<br />

org/<strong>2019</strong> to find out more.<br />

Snippets supplied by<br />

Hamilton Central <strong>Business</strong><br />

Association<br />

TECHNOLOGY SECURITY<br />

> BY AARON STEELE<br />

Aaron Steele is a senior manager at PwC <strong>Waikato</strong>.<br />

Email: aaron.steele@pwc.com<br />

Intelligent automation (IA)<br />

is ushering in the fourth<br />

industrial revolution by<br />

disrupting and creating new<br />

business models. In order to<br />

thrive in the digital revolution,<br />

we must balance business<br />

understanding with technology<br />

innovation and human<br />

insight.<br />

Seventy-six percent of<br />

CEOs in our <strong>2019</strong> global<br />

survey are worried about the<br />

speed of tech change. And<br />

64 percent acknowledge that<br />

changes in the technology<br />

used to run their businesses<br />

will be disruptive over the<br />

next five years.<br />

PwC have analysed the<br />

business impact and commercial<br />

viability of more than<br />

250 emerging technologies<br />

and have a list of the essential<br />

eight core technologies<br />

that will matter the most for<br />

business, across all industries,<br />

over the next three to<br />

five years. These are artificial<br />

intelligence, augmented reality,<br />

virtual reality, blockchain,<br />

drones, 3D printing, Internet<br />

of Things (IoT) and robotics.<br />

IA has the ability to transform<br />

how your business operates<br />

and delivers services in<br />

the future, but implementing<br />

new technology just because<br />

it’s the latest thing, in isolation<br />

from your business<br />

strategy and with inadequate<br />

upfront assessment, can lead<br />

to a failure to achieve the benefits.<br />

There is a broad spectrum<br />

of IA and some areas such as<br />

virtual assistants/chatbots and<br />

robotic process automation<br />

(RPA) are already well developed<br />

and used by a large number<br />

of businesses.<br />

One of the most visible<br />

elements of IA at the moment<br />

is the virtual assistants, such<br />

as Amazon Alexa or chatbots<br />

that pop up when you visit a<br />

website to enable automated<br />

enquiries and customer support.<br />

This is conversational<br />

intelligence that is based upon<br />

natural language processing<br />

and artificial intelligence to<br />

enable a computer program to<br />

conduct a conversation based<br />

upon audio and/or textual<br />

input.<br />

RPA is less visible, but can<br />

have a major impact on your<br />

business processes, freeing up<br />

staff for customer-focused and<br />

value-add activities. Essentially,<br />

RPA transforms how a<br />

business deals with manual<br />

repetitive processes through<br />

automation which increases<br />

workforce capacity. In 2018<br />

Gartner said that RPA will be<br />

adopted by three in four financial<br />

controllers within two<br />

years.<br />

RPA is computer software<br />

(a “bot”) that sits on top of<br />

existing systems (it is technology<br />

agnostic) to perform<br />

tasks normally performed by a<br />

human, using rule-based processes.<br />

There are no changes<br />

to existing software or additional<br />

interfaces required,<br />

your existing systems view<br />

the RPA bot as just another<br />

user and interacts with the<br />

system through the graphical<br />

user interface (GUI). The<br />

best processes for automation<br />

are high volume, rules-based,<br />

digital and often involve interaction<br />

between multiple systems/tools.<br />

For example, we had a client<br />

that was replacing approximately<br />

20,000 assets per year<br />

and had a manual process to<br />

update the asset records with<br />

the new asset information. It<br />

took six minutes per asset for a<br />

human to perform this simple,<br />

repetitive process, whereas<br />

the RPA bot took just one minute<br />

and could work 24/7. By<br />

automating this process, staff<br />

didn’t have to perform a task<br />

that they didn’t like doing and<br />

their time could be used on<br />

more productive tasks.<br />

RPA is becoming easier to<br />

implement, and can lead to<br />

quick improvements in terms<br />

of efficiency and cost savings.<br />

Like all technologies, RPA<br />

only works if it is applied to<br />

the right processes and if it is<br />

implemented well, with the<br />

old saying “garbage in equals<br />

garbage out” applying.<br />

Intelligent automation<br />

should put the human back<br />

in the people, increasing<br />

employee morale, customer<br />

experience and satisfaction<br />

by allowing people do what<br />

they do best. If it doesn’t, then<br />

come and talk to us.<br />

The comments in this<br />

article of a general nature<br />

and should not be relied on<br />

for specific cases. Taxpayers<br />

should seek specific advice.

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