Doug Marsh’s Post

CLOSURES MANIFESTATION OF WEAK BUSINESS ADVOCACY Business Excellence Awardee Methanex New Zealand’s only methanol manufacturer in Taranaki exported 95% of its production Its plants have been moth balled - gone company will sell its gas to Energy Companies Loss of highly skilled diverse 300 workforce significant economic influence on Taranaki lost Here’s the “missed goal kick” now sells gas for more than it could earn making methanol Labour Policy settings since 2018 have not been conducive to sustainable gas supplies at sufficient levels The impact of under-investment and upstream failures is an example of Ineptitude NZ cognitive capabilities are alarmingly poor Meaning the Company’s intellectual functioning perception, attention, A I innovation for aplication of knowledge, to deliver a great aspirational dream Politicians have succeeded again to compromise NZ’s economic prosperity, energy security and ability to deal with economic crises “wellbeing of our people” is Phycological manipulation of truth & good faith Business representative bodies have significant abysmal performance Years of gas lighting their amazing advocating of economic growth sound business practices and influencing government policies has been overstated several key metrics support this 1. The extent to which these bodies influence government policies. Check the tracking adoption & alignment of actions with advocacy and Mission 2. Poor economic monetary capabilities Monitoring economic indicators for advocating productivity & economic growth 4. Failure to effectively engage satisfy member businesses expectations especially those having serious difficulty 5. inept at engineering international FE FDI collaborations, AI Tech uptake manufacturing best practices delivering global competitiveness Business NZ EMA missions Growing NZ Prosperity and Potential (In fact Decades going backwards while international peer’s succeeding) Being champions for ambition achievement acumen, to create greatest growth opportunities for business, Industry and in the case of NZIOD - ‘Good’ (Yes a very poor aspirational vision) governance for a strong New Zealand’ Take any empirical evidence It is clear NZ record is sad abject failure and waste of $100’sK of business stakeholder funding and grants Where are the Industry economic productivity development and education action plans? If advocating has been fantastic why little transformative change Where are the Google Chrome accounts of success acclamations The grave yard of business liquidities failures migration of skills comprise a compelling case for disbandment and reinvention I’m Doug Marsh JP(Rtd) Life Fellow IMNZ, Fellow IoDNZ (Rtd) 40 year Chair Director Experience International Diplomat Founding President Business NZ NZ Past President Inst Management  E: marshgovernance@gmail.com #chair’s #managers #ceo #companydirectors #ema #nzinstituteofdirectors #economy

Today, our Managing Partners and Co-Founders Fraser Thompson and Shaun Chau spoke with RenewEconomy and shared our take on the federal government's recent announcement of almost $23 billion worth of initiatives under the "Future Made in Australia" Framework to spur domestic industry and accelerate the path to net zero. The piece outlines our 5️⃣ "non-negotiables" for the success of the Framework based on our research from past approaches on industrial activism: ⬇   Lesson 1️⃣ : Know thyself - effective industrial strategy has to be based on a clear understanding of the current and potential future comparative advantages of the country, not on a wish list of what we would like to be   Lesson 2️⃣ : Move beyond subsidies - there are a range of options for intervention beyond subsidies, each which can apply at the national, regional and sector/value-chain level   Lesson 3️⃣ : Don't just focus on manufacturing - manufacturing has a role in thoughtful industrial policy, but it makes up only 6% of jobs in the Australian economy, whereas services make up 80%   Lesson 4️⃣ : Building local capabilities doesn't mean doing it all in-house - when Australia decides to pursue a capability locally, it may not mean it's just an Australian opportunity   Lesson 5️⃣ : Put in place the right talent and processes to course correct - effective industrial strategy requires the best capabilities from business and government, and extensive people interchange between the public and private sectors Read the full piece at: https://lnkd.in/gVCeRCGQ Fraser Thompson Shaun Chau Ranya Alkadamani Kumbi Gutsa Michael Robinson Bridget Holloway  

Sustainable development in the Asia-Pacific involves challenges distinct to the region and our colleagues at Griffith Asia Institute have released a comprehensive report providing new insights and actionable pathways for economic prosperity. The Griffith Asia Pacific Strategic Outlook 2024 (GAPSO) report analyses challenges and presents opportunities for economic potential in the region which is projected to contribute to 60 per cent of global GDP growth in 2024. Read more here 👉 https://ow.ly/izLj50QYnnr

Australia's fragmented approach to industrial strategy and innovation policy is undermining its economic growth and global standing. The constitutional division of powers between the Commonwealth and the States set out in a written Constitution has created policy silos, hindering the development of cohesive national strategies crucial for leveraging emerging technologies. High Court rulings have further constrained the Commonwealth's ability to fund national initiatives without explicit constitutional backing, leading to delays and implementation challenges. This lack of coordination results in inefficiencies and missed opportunities within the innovation ecosystem. For example, while the Commonwealth develops frameworks like the National Hydrogen Strategy, the States have responsibilities concerning implementation, causing uneven progress nationwide. Establishing an Australian National Innovation Council is imperative. Operating under the "nationhood power," the Council would bridge gaps between federal and state governments, fostering collaboration and aligning policies across jurisdictions. It would streamline efforts, reduce duplication, and ensure efficient resource allocation. By presenting a unified national strategy, Australia can enhance its global competitiveness, attract investment, and lead in sectors like renewable energy, AI, and quantum technologies. Embracing this collaborative approach is vital for driving economic growth and ensuring Australia remains at the forefront of technological advancement https://wix.to/kqTd5i7 #newblogpost #Innovation #Australia #EconomicGrowth #NationalInnovationCouncil #GlobalCompetitiveness #Technology #Collaboration #Federalism #Constitution

Daniel Schönwitz H.E. Sheikh Al-moustapha Kouyateh It’s essential to address some misconceptions often held by German investors regarding the risk associated with African countries. Specifically, countries such as Benin, Togo, Namibia,Ivory Coast,Liberia , Senegal, Mauritania, Tanzania, and even Angola should not be considered high-risk. In fact, these countries represent significant opportunities for investment and growth. Rather than relying solely on in-house desk experts, it would be more beneficial for these investors to engage external consultants who can provide a nuanced understanding of the unique dynamics in these markets. By doing so, they can better assess the true potential and mitigate any perceived risks associated with these regions.

💡 As we approach the end of the week we wanted to share our final thoughts on the UK government's Modern #IndustrialStrategy Green Paper and a topic very close to our hearts - #regulation. We know regulation can drive (or hinder) #innovation. The government recognises it needs to provide businesses with stable conditions and clear incentives to invest in technology and adopt products which move away from higher emission activities towards #NetZero. Two points in the strategy touch upon the key issues you've told us about during our research and workshops into #RegulatoryBarriers. 📌 For regulation to be effective, it must be created in partnership with business and regulators. And, 📌 The government will identify where new regulatory frameworks can assist in the development of new technologies and allow for new products to be more effectively regulated and approved. Our research shows the main regulatory challenges across all six #FoundationIndustries sectors are time and cost related.... 📍 💰 The cost of entry and compliance. 📍 🤔 The role intellectual property (IP) plays in enabling innovation. 📍 🌱 Understanding and managing inconsistencies in existing legislation particularly environmental regulations to reduce carbon emissions and the UK’s relationship to international laws. 🔊 We’ll be feeding #FIVe research into government who are keen to understand how current regulations and the regulatory environment are impacting growth across the FIs so their recently announced #RegulatoryInnovationOffice can speed up regulatory decisions for #NewTechnologies. ⬇ ⬇ You can read our full thoughts on this and 👩🏾🔬 Innovation, 🔬 entrepreneurship and R&D, 💷 investment and 🗺 regional growth in the link below ⬇ ⬇

President of the Republic of Indonesia, Prabowo Subianto, attended the Indonesia-Brazil Business Forum, held at Copacabana Palace, Rio de Janeiro, Brazil, on Sunday, November 17, 2024. The forum brought together business players from Indonesia and Brazil to discuss opportunities for strategic economic cooperation, including in the energy, industrial and maritime sectors. President Prabowo highlighted the many similarities between Indonesia and Brazil, ranging from natural resources to strategic vision for the future. "Indonesia and Brazil are big countries with big populations. We have abundant resources. Brazil is advanced in its industry, while Indonesia is trying to catch up through industrialization. I believe we can create good synergies and mutually beneficial relationships." said Prabowo Subianto President Republic Indonesia Prabowo also expressed his support for Brazil's role as one of the key members of BRICS, an increasingly influential economic organization in the global arena. The Head of State expressed Indonesia's commitment to become a member of BRICS as part of a strategy to strengthen the national economy. "I have sent the Minister of Foreign Affairs to attend the BRICS Summit in Kazan, just a day after my cabinet was sworn in. Indonesia wants to join Brazil and other BRICS member countries," the President said. In addition, President Prabowo emphasized the importance of food security as the main foundation of a country's development. He underlined the free food program for Indonesian children as a priority of his administration, while learning from Brazil's success in a similar program. "I also want to learn from Brazil's successful program, and I have asked my team to arrange further cooperation with the Brazilian Ambassador in Indonesia," President Prabowo said. On energy, President Prabowo highlighted great opportunities for cooperation, particularly in the development of biofuels and renewable energy. Indonesia has an ambition to increase the use of biodiesel to 50 percent by 2025, utilizing palm oil as the main raw material. Meanwhile, in the maritime sector, President Prabowo stated that Indonesia has the second or third largest fishery reserves in the world, but lacks 40,000 fishing vessels with a capacity of 150-300 GT. President Prabowo also invited Brazilian businesses to invest in this sector, while supporting Indonesia's natural resources downstream program. President Prabowo concluded his remarks by underlining Indonesia's commitment to creating a positive business climate that is open to foreign investment. "We are determined to create a positive business environment," the President said. Also accompanying President Prabowo at the event were Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of Foreign Affairs Sugiono, Cabinet Secretary Teddy Indra Wijaya, Deputy Minister of Finance Thomas Djiwandono, and Republic of Indonesian Ambassador to Brazil Edi Yusup. (BPMI Setpres)

Business Climate and Investment Opportunities in the Netherlands https://wix.to/nMzDNKO #Netherlands #BusinessClimate #InvestmentOpportunities #EconomicGrowth #ForeignInvestment #BusinessInEurope #DutchEconomy #InvestmentSectors #BusinessEase #GlobalTrade #StrategicLocation #HighTech #Innovation #LifeSciences #Agriculture #EnergySector #FinanceIndustry #Logistics #CreativeIndustries #MaritimeIndustry #ChemicalSector

If you are a clean technology business and thinking of expanding to the USA, the NSW Going Global Export Program Cleantech to USA may be for you. The program runs from October 2024 to June 2025 and includes attendance at Cleantech Forum North America 2025,  27 – 29 January 2025, San Diego, California. What the NSW Going Global Export Program – Cleantech to USA covers You get access to: ·        Market intelligence briefings including Introduction to Health Innovation ecosystem and doing business in the United Kingdom ·        in-market assistance and logistical support ·        Potential partner search and introductions. ·        Ongoing advice and follow up. Eligibility To be eligible to apply for the overall NSW Going Global Program your business: ·        Have headquarters in NSW with a valid ABN ·        Be export-capable and export-ready ·        Have between 5 and 199 full-time equivalent employees ·        The product or service is achieving sales already ·        Have a website featuring the product or service ·        Be prepared to adapt the product or service for the market ·        Have a product or service that is produced primarily in NSW   Additional eligibility requirements for the Cleantech to USA stream: ·        Have raised or will be raising at the Series A stage in the near future ·        Already identified targets or existing customers in the U.S. ·        Clear demonstration of product-market fit and competitive landscape ·        Commitment to scale to the U.S. within the next 12 months Businesses not eligible for this stream ·        Consultants selling solutions to climate technology companies   How to Apply Click on the link in the comments to learn more and apply for the NSW Going Global Export Program – Cleantech to USA Note applications close 29 September 2024.

Southeast Asia's economic clusters are at a pivotal moment as they contemplate accelerating their green transition initiatives. Motivated by regulatory requirements, economic considerations, and shifting consumer preferences, policymakers and business leaders must urgently adapt to the green transition. As the region navigates these changes, the readiness of Southeast Asia's economic clusters for this transition comes into question. In an article for The Edge Singapore, Varad Pande and Timmy Caparros explore the current state of regulatory pressures, strategic approaches to harness opportunities, ongoing green innovation efforts, and the crucial role of Southeast Asian governments in ensuring a successful energy transition.