|
Is New Zealand business stuck in production mode? Information collected by Auckland
based data capture software company QLBS.com suggests that New Zealand companies
are focusing most of their human and financial investment in the here and now production
elements of business, at the expense of longer-term elements such as future vision,
marketing, and customer service.
“Large companies in particular are production oriented with a heavy concentration
on fiscal performance. However, to move a business forward there needs to be a fundamental
shift in attitude towards a more balanced approach to running a business”, says
Keith Phillips, president, QLBS.com.
“Businesses also need to have a good understanding of their market, know their future
vision where they see the company in five years and how they will get there, and
know how to use marketing to help them achieve their goals. We recently compared
data from 150 New Zealand businesses; future vision and marketing were identified
as the two weakest areas.”
Viewing business as a science, QLBS.com's Q100 assessment software enables mangers
to measure their capabilities and weaknesses, and then analyse the results against
others in the industry, providing a plan to adjust their operation to enhance overall
results.
Founded five years ago by Steve Lewin and Margaret Mulqueen, and located within
Massey University's business incubator (the e-centre), QLBS.com has customers in
China, Iran, Singapore, and the UK. Some 200 companies in New Zealand also use its
products.
|