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

NZ sharemarket rises on back of positive news
Markets Market close

NZ sharemarket rises on back of positive news

The S&P/NZX 50 Index closed at 13,041.9, rising 276.66 points or 2.17%

Graham Skellern 22 Nov 2024
Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024