The Profit - Inspiring Business in Hawke's Bay

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Celebrate your people and team successes

Let’s Celebrate! In the face of inflationary pressures, interest rate rises, cyclones and uncertainty, it is challenging to rise out of the mire and celebrate the good in our organisations and people. Too often it’s the loudest voice, the trickiest staff member or the latest crisis that takes all our time, attention, and energy. If morale ever really needed a...

Workplace suicide prevention programme delivers to over 2500 workers

The region’s Workplace suicide prevention programme Mates4Life has had an epic two years since it was launched in October 2021. Mates4Life programme coordinator Bronnie Coory says although the programme has gone from strength to strength delivering to over 45 local businesses and 2500 employees, it has highlighted the need and desire for more training in our community when it comes...

Considering buying a business?

While there is a constant stream of businesses coming up for sale, the tricky bit is knowing how to assess the best business opportunity. As long as you ask the right questions, it should be fairly straightforward. Here’s the good news. I’ve compiled some of those ‘right’ questions for you. Before making a final decision I encourage you to seek...

Which personal investment strategy is right for you?

For anyone with an eye on the NASDAQ and S&P500 markets, you might have noticed big global tech names like Apple, Amazon and Google are all up 40-50% year to date. But most notably, the chip maker Nvidia is up more than 150% year to date, all heavily weighing on the overall market direction. Hindsight makes things crystal clear when...

ROCKING AWARDS: MARKETING TEAM AND CAMPAIGN OF THE YEAR

It’s been a year of strong success amid enormous challenges for the team at innovative snack sized apple company, Rockit Global Limited, which has taken out the Marketing Team of the Year at the TVNZ NZ Marketing Awards, and the Marketing Campaign of the Year Award at the Asia Fruit Awards in Hong Kong. The TVNZ NZ Marketing Awards celebrate...

The value of history

When Damon told me that this issue of The Profit was going to feature 150 years of Hastings City and look at some of our longest established business, I thought it appropriate to dig into the Harvey family history, as there has been a long association with the Harvey family providing real estate and property valuation services since they stepped...

Artificial Intelligence – user beware Privacy and security are crucial

Artificial Intelligence (AI) has emerged as one of the most transformative and revolutionary technologies in recent history. From its humble beginnings to its widespread applications today, AI has garnered significant attention for its potential benefits as well as the inherent threats it poses. Discussions and experiments in technology date back to 1946, when Alan Turing initiated the study of computer-based...

150 years of insurance events in Hawke’s Bay

As this July marks 150 years since the founding of Hastings, we thought it would be interesting to take a journey through some of significant events in the region during this time and see how insurance played a part in them. Has much changed since 1873 and what have we learnt? Fire Hastings first major fire occurred in Heretaunga Street...

Medium density housing Hawke’s Bay

Throughout the years central government have been gradually incorporating legislation into the planning framework that has directed local authorities to consider specific areas for housing developments and incorporating these into the rule frameworks of their district plans. A key piece of legislative framework is the National Policy Statement on Urban Development (NPS-UD). The NPS-UD was released in December 2020 and...

Will local businesses profit from cyclone rebuild?

The region’s rebuild of bridges and roads is set to cost more than $1 Billion and a provide a pipeline of civil infrastructure work that could stretch out for the next decade. But what businesses will benefit? Large national and multi-national businesses have already formed alliances with Waka Kotahi while a local-centric procurement pledge (progressive procurement) by local council’s has...