This year’s Women in Business research shows that mid-market firms who are maintaining their gender equality initiatives and plan to implement new ones were the most likely to report significant growth in revenue and staff numbers.
Grant Thornton New Zealand’s latest survey of IA leaders demonstrates that while changes throughout the public sector continue to increase the pressure on services, systems, processes, people and budgets, they are leveraging every opportunity available to overcome these challenges.
Although retirement villages can be profitable, this study has revealed it can take more than 20 years before an owner of an average village fully recovers their investment. It explores the commonly held belief about the retirement village business model disproportionately benefiting operators financially. The path to profitability: Separating fact from fiction in New Zealand’s retirement village sector, is based on a discounted cashflow financial model of two retirement villages that represent a cross section of the sector: Rural villas in Canterbury and urban apartments in Auckland. It covers a 25-year period comprising the key stages of a retirement village development from sourcing land and construction, to project completion and revenue generation. It then takes into account the sector-specific sensitivities that impact a village’s profitability, some of which include occupancy lags, ORA (occupation right agreement) sale prices and construction costs.
For 21 years, we’ve tracked the proportion of women occupying senior management roles in mid-market companies around the world. The last five years have seen sustained growth on this key measure and, as a result, we now expect parity to be reached in 2051.
Diversity in all its forms benefits businesses, driving innovation, fresh perspectives, and new growth opportunities. In today’s fast-paced global market, a broad range of viewpoints helps businesses better analyse challenges and adapt to change. Likewise, diversity is essential for attracting both top talent and clients.
Our research into current internal audit (IA) environment throughout New Zealand’s public sector explores how leaders from a range of agencies are navigating the skills squeeze, budgetary bottlenecks, and their progress with IA innovation.
Grant Thornton’s latest report, "Pathways to Parity: 20 Years of Women in Business Insights ", marks two decades of dedicated research aimed at monitoring and measuring the representation of women in senior management roles within mid-market companies worldwide.
In February we launched a bi-annual research initiative to track business sentiment and explore where New Zealand businesses are succeeding, and where they’re feeling pain.
On International Women's Day (IWD), we celebrate the achievements of women and recognise the work that still needs to be done to promote gender equality. The theme for this year's IWD, "Embrace Equity," emphasises the importance of challenging gender biases and stereotypes to promote gender equality, and to start talking about why equal opportunities are not enough.
Circular revolutionaries share their insights into creating a low carbon economy
What would happen if your business couldn’t access the core materials and products it relies on? Been here before? Well, this time we’re not talking about COVID-19 or supply chain disruption.
The 2022 Not for Profit sector report paints a picture of an agile industry bending with the winds of change, but it also reveals a breaking point is on the horizon for many organisations.
An increasing trend towards the appointment of a single joint forensic accounting expert (SJE) for relationship property matters has emerged in New Zealand, compared to the traditional approach where each party appoints their own forensic accounting expert.
The NZ Property (Relationships) Act contains various provisions for compensatory adjustments in the division of relationship property.
International Women’s Day 2022 is perhaps the most significant time to reflect on the monumental impact this pandemic has had on our work culture, and the speed at which previous norms have been turned on their head.
In 2022, Grant Thornton’s Women in Business research has once again tracked the position of women in senior management across the world, and the progress towards gender parity in leadership.