THE LEARN­ING NEVER STOPS – EVEN FOR SE­NIOR LEAD­ERS

NZ Business - - FROM THE EDITOR -

A num­ber of re­cent lo­cal sur­veys have found that New Zealand’s tal­ent mis­match is grow­ing and that find­ing skilled em­ploy­ees is of real con­cern to New Zealand lead­ers. And it seems that in to­day’s cli­mate ev­ery­one is con­stantly hav­ing to up­skill them­selves, no mat­ter how se­nior you might be.

A num­ber of re­cent lo­cal sur­veys have found that New Zealand’s tal­ent mis­match is grow­ing and that find­ing skilled em­ploy­ees is of real con­cern to New Zealand lead­ers. And it seems that in to­day’s cli­mate ev­ery­one is con­stantly hav­ing to up­skill them­selves, no mat­ter how se­nior you might be.

Con­tin­u­ous learn­ing has prob­a­bly never been more im­por­tant as change con­tin­ues to dom­i­nate lead­ers’ busi­ness lives. Tech­no­log­i­cal de­vel­op­ments like AI and big data, along with grow­ing tech­no­log­i­cal risk, mean that how­ever se­nior a leader might be, there is al­ways more to learn.

Take boards of direc­tors as an ex­am­ple. They too are on a con­stant learn­ing cy­cle be­cause as the busi­ness world evolves hold­ing a governance role means direc­tors need to en­sure they fully un­der­stand ev­ery risk the busi­ness might face go­ing into the fu­ture.

The In­sti­tute of Direc­tors says in a re­cent me­dia re­lease that with many board direc­tors say­ing they are not get­ting com­pre­hen­sive cy­ber­se­cu­rity re­port­ing, its new guide on cy­ber­se­cu­rity is a wake-up call on the in­for­ma­tion boards need.

In part­ner­ship with cy­ber­se­cu­rity con­sul­tancy, Aura In­for­ma­tion Se­cu­rity, the in­sti­tute has just re­leased Re­port­ing cy­ber­se­cu­rity to boards aimed at help­ing or­gan­i­sa­tions com­bat cy­ber risk. It sets out prin­ci­ples on re­port­ing to boards, key ques­tions to help iden­tify and de­velop met­rics and sam­ple dash­boards. The guide is pub­licly avail­able and it is in­tended to in­form and in­spire or­gan­i­sa­tions to im­prove cy­ber­se­cu­rity re­port­ing to boards.

In­sti­tute of Direc­tors chief ex­ec­u­tive Kirsten Pat­ter­son says that ev­ery­one knows that cy­ber­se­cu­rity is a crit­i­cal risk that can cause se­ri­ous dam­age to an or­gan­i­sa­tion.

“Not only are cy­ber-at­tacks hugely dis­rup­tive, they have the po­ten­tial to cause sig­nif­i­cant fi­nan­cial, com­pet­i­tive and rep­u­ta­tional dam­age.

“Many boards have had cy­ber­se­cu­rity on the agenda for some time. But direc­tors are telling us that they are not get­ting suf­fi­cient in­for­ma­tion about cy­ber risks and in­ci­dents, or the ac­tions they have and should be tak­ing to ad­dress these.

“This is a prob­lem and it is crit­i­cal that cy­ber­se­cu­rity re­port­ing im­proves. Direc­tors need com­pre­hen­sive re­ports in or­der to as­sure them­selves that key as­sets are be­ing pro­tected.”

Aura In­for­ma­tion Se­cu­rity gen­eral man­ager Peter Bai­ley says that cy­ber risk is just like any other busi­ness risk and re­quires on­go­ing board-level at­ten­tion and re­spon­si­bil­ity.

“The num­ber of on­line at­tacks im­pact­ing New Zealand busi­nesses is grow­ing – both in num­ber and com­plex­ity. In or­der to pro­vide ef­fec­tive over­sight, boards need to have ac­cess to reg­u­lar high-level holis­tic re­port­ing on cy­ber risks and the state of their or­gan­i­sa­tion’s cy­ber­se­cu­rity pro­gramme.”

AP­PLY­ING THE LEARN­ING

Con­tin­u­ous learn­ing is also at the cen­tre of what the South­ern In­sti­tute of Tech­nol­ogy is of­fer­ing in its Mas­ter of Ap­plied Man­age­ment.

Paulette Hal­stead, the pro­gramme man­ager of the Post Grad­u­ate Busi­ness School at SIT, says the Mas­ter of Ap­plied Man­age­ment has been go­ing just on two years now and has 57 mainly in­ter­na­tional stu­dents en­rolled for the on­site course in In­ver­cargill and more than 100, mainly do­mes­tic stu­dents, un­der­tak­ing the course through dis­tance learn­ing.

Hal­stead says the mas­ter’s de­gree en­com­passes ar­eas such as busi­ness anal­y­sis, glob­al­i­sa­tion and in­ter­na­tional man­age­ment along with strate­gic man­age­ment, strate­gic mar­ket­ing and project man­age­ment. It is a re­search­based pro­gramme so stu­dents can go on to com­plete a PhD if they so wish.

Stu­dents tend to be more ma­ture, many with strong busi­ness ex­pe­ri­ence, who want to up­skill or take on more se­nior roles.

Peo­ple in busi­ness look­ing to­wards fur­ther ed­u­ca­tion are seek­ing to broaden their skillset."

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.