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Life Fellow IMNZ, Fellow IoDNZ (Rtd.), (Rtd) Board Chairman & Director, Founding President Business NZ, (Rtd) Consul to the Republic of South Korea & National Past President IMNZ Board...

METHANEX CLOSURE 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: [email protected] #chair’s #managers #ceo #companydirectors #ema #nzinstituteofdirectors #economy

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