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Matauranga Maori Conference 6th December 2013 Te Pakihi o Matauranga Maori The Business of Matauranga Maori Ngaire Molyneux Department of Management and Marketing Faculty of Creative Industry and Business Structure • Value Proposition – Competitive Edge • Te Ao Hurihuri • Te Nohokotahitanga • Te Awa – Te Wai o Unuroa >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS DEPARTMENT OF MARKETING AND MANAGEMENT Methodology • Desk research to identify what determines Maori business success, opportunities and challenges • Desk research to identify factors that determine business success • Face to face assessments with Maori business • Face to face assessments with non-Maori business • Panel discussions with Maori entrepreneurs to identify opportunities and challenges. • Market Research >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS DEPARTMENT OF MARKETING AND MANAGEMENT Value Proposition – Competitive Edge “ A Great job for every Graduate” • Becoming industry Led – Thinking like a business ? • Is this realistic? • Under Promise Over Deliver – Business Mantra • Vision and direction underpinned by core values • Culture, Strategy, Implementation >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS DEPARTMENT OF MARKETING AND MANAGEMENT Value Proposition • Do we really understand our current Global market? • 1 Maori student in 66 – 5 New Zealand students in 66 • Refocus, Refresh, Rethink, Re-alignment – • Integration • Keep it real • No real change to end product • Real World Experience, (Competitive brand). >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS DEPARTMENT OF MARKETING AND MANAGEMENT Te Ao “Hurihuri” • Change is upon us like never before, the norm • Driving Force of Corporatisation • Competitive Culture • Current Political Climate • Climate Change • Tiriti o Waitangi >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Current Situation • • Aligning to industry – Tertiary Institute What about the students? • Silo Thinking • Business and industry • Economy impacts on education • Reactive rather than proactive >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Nohokotahitanga - Core Values Rangatiratanga - Authority and Responsibility Wakaritenga - Legitimacy Kaitiakitanga - Guardianship Nohotahi - Co-operation Ngākau Mahaki - Respect >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Nohokotahitanga • Value Propositions - Value the customers • Customer Engagement • Customer Relationships • Respect, listen, deliver same for all business • Trust is of primary importance >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Nohokotahitanga • Sales, funding, key connection, sounding board • Trusted confidante • Keep it real keep it simple • Walk the talk actions speak louder than words • Connect with the right expertise, at the right time >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT “Mauipreneurship” • Entrepreneurial Flair • Nurture the Entrepreneur • Opportunities, Challenges (Being Maori) • Go global with technology, creativity, innovation and commercialisation >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Awa To nurture and support our “Mauipreneurs” Help to make their (vision) Enable them to be they are dreams a reality innovative, creative doing what passionate about. This will drive the Competitive Edge. >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Awa • The Spring – Te Wai Unuroa o Wairaka (level 5) • The Awa – Te Wai Tohu o Rurangi (level 6) • “The Flax Plantation” – “Te Pa Harakeke” (level 7) • Integrated elective courses for all Maori students studying in areas they are passionate about. • Relevance to the real world. >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT OF MARKETING AND MANAGEMENT Te Nohokotahitanga Maori Students • Business and Creative • Future Leaders • MITE Maori in tertiary education Maori Academics Non Maori academics Maori Industry / Business General Industry / Business Rosebank Road Maori Entrepreneurs Business • Start ups • Growth • High Growth Maori Professionals • Accountancy • Law • Management • Marketing Innovative Ideas Generation Development of Competitive Advantage Product and Service Development Funders NZTE TechNZ Poutama Trust Public Sector Reps Auckland Council ATEED West ATEED North Maori Creative's • Awatoru • Design • Architects • Artists • Performing Arts • Nga Aho / Te Toi Iho Maori Corporate Trusts Ngati Whatua Banks Investors Dragons Den Long Term Relationships / Strategic Development Action Plan and Implementation Wrap around support Business Services >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT MARKETING AND MANAGEMENT References • Maori Economic Development Panel Discussion & Discussion Document 2012 • Business and Economic Research Limited • Maori Economic Taskforce – Maori Economic summit 5th May 2011 • Maori Business Concepts 2010 • Zygadlo; McIntosh; Matunga; Fairweather; Simmons, 2003 TPK 2010 NZIER & Dept. of statistics cited in TPK, 2007 TPK 2007 NZIER 2006, cited in TPK 2007 New Zealand Management Magazine Sept 2007 Harmsworth, G (2006) Maori values in the Maori Business Approach. an interim report investigating the incorporation of tikanga in Maori businesses and organisations • The Global Entrepreneurship Monitor (GEM) New Zealand 2005 • Auckland Council Economic Development Strategy: Maori Economic Development2011. • • • • • • >>FACULTY OF CREATIVE INDUSTRIES AND BUSINESS >>DEPARTMENT MARKETING AND MANAGEMENT