auckland business keynote - rod oram
DESCRIPTION
Auckland 2029: a scenario of what Auckland might be like in 20 years' time, socially, economically, physically and culturallyTRANSCRIPT
Celebrating Professor Te Ua
How We Reinvented Paradise
IBM’s Smarter Countries 2029 World CongressAuckland, August 20th, 2029
The way we are - 1What nationality is Professor Min Te Tua?Answers:
1. NZ!! ! 2. Australian
3. American! 4. Canadian5. Korean !! 6. Chinese
7. European! 8. Other: Type in a country
Where was she born?Answer: Type in a town or city
In which city does she live and work?Answer: Type in a city
AgendaThe way we are
The way we were
Global collapse 2009-12
Our rebuild
Min and our mini-multinationals
Our genius!
2029...a year to celebrate!Auckland: 3rd in Fortune’s Location 100 index
Best Global Business/Life Location under 2m pop.
NZ’s first year in the top 5 of the OECD
Exports = 75% of our GDP (30% in 2010)
NZ’s business model emulated widely
Mini-Multi-Maxi: small, entrepreneurial, global
A model that has helped 100s of millions of people prosper from the global economy
2029…a year to celebrate!Our first Nobel Prize for economics
Prof. Min Te Ua….M3Global her research lab
The first Kiwi becomes Secretary General of the UN
Brash marries Clark
…Don’s daughter and Helen’s niece
The way we are - 2How many times have we won the Rugby World Cup since 2006?
Answer: Type in a number from 0 to 6
Will we win in 2031?
Answers:
Yes
No
Don’t know
Only if the Argentineans are still banned
AgendaThe way we are
The way we wereGlobal collapse 2009-12
Our rebuild
Min and our mini-multinationals
Our genius
We were stoked: 1999-2008NZ enjoyed brisk growth
Favourable economic conditions
Good tactical leadership
But it was volume growth
Creating jobs > very low unemployment; low wages
Not value growth…not
High value goods and services
Greater sophistication
Higher wages
…but we’d sowed some vital seeds
…we were stuffedWe were running chronic trade and investment deficits
We were the 3rd most indebted country in the OECD
AttacksUK campaigns againstimported food
“Crimes of consumption”
Science on our side……but perceptionson theirs
Our ‘wingprint’We were the 7th largest country in world for air travel
The tourist backlash against ‘binge flying’ hurt us badly
Global collapse 2009-12Over-cooked x 2...even in 2005
Scale: Countries drawn to per capita consumption
Colour: White to red = Ecological deficit
The way we are - 3In 2009, what maximum target did the government set for NZ’s greenhouse gases emissions in 2020 compared with 1990 levels?
Answer: Pick a number from 1 to 10
Where 1 = minus 50% !and 10 = plus 50%
Did we achieve the target?
Answer: Pick a number from 1 to 10
Where 1 =Yes by miles ! and 10 = Missed by miles
Did we make money from doing so?Answer: Pick a number from 1 to 10Where 1 = Made lots of money and 10 = Lost lots
AgendaThe way we are
The way we were
Global collapse 2009-12
Our rebuild
Min and our mini-multinationals
Our genius
Global collapse 2009-12
Began with severe financial imbalances
By late 2009, relief set in…crisis averted
Then the real impact hit…
Severe global storms
Global economy shaken
Our commodity exports hard hit
Our economy deteriorated fast
What the pessimists believed Global pressures were getting ever more extreme
Climate, environment, economic, social, political
Globalisation was the problem, some said
No, inter-dependence was the solution
Started by seeking solutions in our own communities
Smarter local communities…
…created the smart global community
…we’re tackling climate changeHow we’re doing it: One way - The Princeton Wedges:
15 technologies, applied worldwide, reduced CO2 emissions by 7bn tonnes per year
Most of the technology existed in 2005
Which year did you buy your first electric car?
Answer: Type in a year
Which year did you start generating electricity in your own home.......and selling it to the power company?
Answer: Type in a year
The way we are - 4
AgendaThe way we are
The way we were
Global collapse 2009-12
Our rebuildMin and our mini-multinationals
Our genius
Fundamental drivers for NZEnvironmental science
International relationships
Uniqueness and integrity
Confidence and unity
Culture
Leadership
Strategic resilience
Alliances
Critical tools for NZ
Our VisionTo feed the worldAgribusiness; fishing
To build the worldEducation; research; consultancy; governance; multiculturalism; social justice; peace keeping
To green the worldSustainability; natural capitalism
To enliven the worldEntertainment (words, pictures, films, music, art, sport)design; tourism
HallmarksInspired products & services, offering unique value
Originality born of NZ roots
...e.g. science, innovation, creativity, team ethic
Smart strategies for international markets
Astute management skills to acquire &develop human & technology skills; capital
Confidence & skills to collaborate withpartners, suppliers, customers abroad
New Zealand: 2010-30Recovery phase saw huge shift in global agricultural
Driven by climate change
Animal health & human health issues
We invested in commodity production overseas
Here, we gained big new high tech human health roleE.g. Lacto pharmaceuticals
…and the rise of the mini-multinational
…underpinned by Min’s work at M3Global
Our successes - farming1 litre of milk = 940 gm of CO2 equivalent
16,000,000,000 litres = 15,040,000,000 kg of CO2 eq
15.04m tonnes of CO2 eq per year was nota waste product, a liability
It was a brilliant business opportunity…
…smarter cows, healthier soil
…more food
Our successes - tourism1 person, 1 return flight London to Auckland
= 5.5 tonnes of CO2
2.4m tourists a year = 10m tonnes of CO2(= total footprint including ground transport + short haul flights for tourists coming from nearer countries)
10m tonnes of CO2 seen as unavoidable waste product
It was also a brilliant business opportunity…Air New Zealand’s achievements began with:
10% biofuels by 2013; 50/50 blend jatropha / Jet A1
1.2% fuel saving; 60-65% cut in greenhouse gases
Our successes - urban lifeOur image:Mountains, lakes, beaches, farms and forests
Our reality:We’re one of the most urbanised countries in the worldA few low-density cities; many small, low-density towns
Global convention:Low density = bad urban outcomesPoor transport, infrastructure, economic network
Our genius:Low density+connectivity = excellent urban work/life styleSmart IT enables talent & enterprise......and makes best use of resources & attributes
The way we are - 5How did you get here today?Answers:
Train/tram/subwayBus
Own carCar pooled
PPM (on-demand, self-guiding Personal People Mover)Walk; jogged
CycledVirtual telepresencing
Matariki
Matariki
Matariki
AgendaThe way we are
The way we were
Global collapse 2009-12
Our rebuild
Min and our mini-multinationalsOur genius
Min’s story….M3Global storyA stunning New Zealand…and global success
Themes 2010-2029:
Talent, enterprise, creativity
…thinking differently
Mini - Small businesses
Multi - Many sectors, many markets
Maxi - Making the most of global opportunities
30 M3 companies from NZ floated in US, EU, Asia
M3Global - led by Min, backed by the UN
NZ HQ - Virtual presence + 15 Centres worldwide
Min awarded the Nobel Prize for Economics
Min’s Nobel Prize citation“Professor Min Park Te Ua’s work has brought significant economic prosperity and social progress to both rich and poor societies alike…
“ …by pioneering business skills that enable small organisations to participate fully in the global economy, she has helped hundreds of millions of people fulfill much more of their potential.
“Her work is distinguished by its intellectual rigour, its creativity, its practicality, its accessibility to people…
“…and above all by its profound and fresh insights into the human relationships at the heart of economic & social progress.”
The way we are - 6How many Nobel prizes have Kiwis won?
Answer: Type in a number
Previous NZ Nobel Prize winnersErnest Rutherford, Chemistry, 1908
Nine of his students went on to win Nobel Prizes
Maurice Wilkins, Physiology or Medicine, 1962The “Third Man”...partner to Watson & Crick on DNA
Allan McDiarmid, Chemistry, 2002
McDiarmid Centre for Advanced Materials and
Nanotechnology, Victoria University, world leader
33 NZ scientists out of 4,000 on UN’s IPCC + Al GoreNobel Peace Prize for climate change science, 2007...including David Wratt of NIWA
…and a story from way back
In May, 2006, 10 teams of NZ school studentsset off to Colorado
To join 250 other teams, 2,000 competitors,10 countries at the…
International Finals of the Future Problem Solving Competition
…a storyAfter 4 days’ competition, teams from Auckland, Nelson, Tauranga, Whangarei, Kerikeri, & Matamata won prizes:
Category awards: 4 x 1st; 1 x 2nd
Overall awards:Middle Division (Year 11):
1st: Diocesan School for Girls, Auckland5th: Tauranga Intermediate School
Senior Division (Year 13):3rd: Rangitoto College, Auckland
Why?“Because they think differently...…and attracted a lot of attention for doing so”
…a storyOne of those DioGirls in 2006…
…was Min
You were only 15 years old at the time
…the Park family had been immigrantsfrom South Korea only 7 years before
Life was hard…good jobs scarce in the early years
But now you all are so much a part of New Zealand
…especially you, with your great work
…and marrying Haare Te Ua, of Ngati Porou
Welcome to all your whanau!
AgendaThe way we are
The way we were
Global collapse 2009-12
Our rebuild
Min and our mini-multinationals
Our genius
The way we are - 7In the past 20 years, what was your biggest business breakthrough?
Answer: Type in your breakthrough
The way we are - 8Looking back over the past 20 years,which factorswere game-changers for New Zealand?
Answers: Type in a few factors
Our genius…is our creativity & originality
NOT believing so was our biggest,most-repeated mistake
We imposed unmodified foreign models
But when we devised uniquely right solutions
…for who we are…what we are…where we are
When we are true to our genius…in business & society
…when originality informs, enlivens all we do...
We’re brilliant...
Our genius
We’re world class