Lessons in managing major corporate change and fixing trampolines, a CEO speaks

Lessons in managing major corporate change and fixing trampolines, a CEO speaks
Listening to people who think differently to you is essential to managing major change, says former Manawa boss David Prentice. (Image: Supplied)
Ian Llewellyn
When managing major corporate change, do not underestimate the need to keep talking and listening to the people being affected and the time it takes to complete the process, says the former boss of Trustpower, now Manawa Energy, David Prentice.First as a board member and then chief executive, Prentice shepherded Trustpower through the split of the business with the sale of its retail arm as it moved to solely being an electricity generation company.The move raised eyebrows across the sector, with the main corporate tactic and thinking in the in...

More Markets

Glenbrook to get big grid-scale battery as Contact teams up with Tesla
Markets

Glenbrook to get big grid-scale battery as Contact teams up with Tesla

Contact Energy has teamed up with electric car company Tesla to build a grid-scale 100-megawatt battery at Glenbrook at a cost of up to $163 million.The company said the battery would enhance Contact’s renewable-energy flexibility and provide enough electricity for more than two...

Fletcher provides NZICC updates, hands over Horizon Hotel to SkyCity
Infrastructure

Fletcher provides NZICC updates, hands over Horizon Hotel to SkyCity

Fletcher Building has settled remaining contract works insurance claims with the New Zealand International Convention Centre project insurers.Also known as builders' insurance, contract works insurance (CWI) covers construction that is underway.In February, Fletcher determine...

How NZ will benefit from global PE giants in Australia
Markets

How NZ will benefit from global PE giants in Australia

New offices and deals in Australia are good news for NZ, M&A expert says.

NZ sharemarket falls 1% ahead of long weekend
Markets Market close

NZ sharemarket falls 1% ahead of long weekend

The S&P/NZX 50 Index closed at 11,717.43, down 117.58 points or 0.99%.

Graham Skellern 27 Jun 2024