Sunday Star-Times

Irked by options for Kiwi of the year

- Carmel Fisher

AS I write this, there are 137 comments responding to the NZ Herald’s question Who is your New Zealander of the Year? Of course we should expect many and varied responses to such a question, because different people inspire and impress us for different reasons.

But the Herald’s suggestion­s this year irked me more than usual.

Their opening paragraph suggested artists and sportspeop­le who have achieved success this year. I suspect few would disagree with someone like Kimbra or Lisa Carrington winning the accolade, given that they put themselves, and New Zealand by associatio­n, on the map this year.

But to suggest Kim Dotcom as New Zealander of the Year is surely belittling to so many other Kiwis who have done great things in the past 12 months?

As for limiting the two business suggestion­s to Fonterra’s Henry van der Heyden and entreprene­ur Geoff Ross on the basis they ‘‘have been successful in the business world’’? Well, it is obvious that the writer did not bother checking the business archives to see who had done what during the year.

And more importantl­y, they did not bother looking back beyond 12 months, which is important, because like success in the arts or in sport, it takes a lot longer than one year to be successful in business.

Indeed, if you achieve business success in a very short timeframe, there’s a good chance it won’t last, or you’ve taken shortcuts to get there.

And what does it mean to be ‘‘successful in the business world’’ anyway?

Is it being good at selfpromot­ion? Kim Dotcom should certainly win a prize if that’s the main criterion. Is it being good at raising money from the public? Then yes, Henry van der Heyden and Geoff Ross have been successful this year with the Fonterra Shareholde­rs Fund and Moa Beer respective­ly.

But then, Ross Asset Management (not related to Geoff Ross) raised money from the public this year and is as far from being successful as you can get (my sympathies to those involved).

A journalist who was diligent in finding worthy business candidates would have identified people like Rod Drury (Xero doubled its revenue and created 130 new jobs this year) and Simon Challies (Ryman Healthcare this year celebrated a milestone of 10 consecutiv­e years of record, +20 per cent on average, profit results).

And what about Michael Hill or Dean Bracewell (Freightway­s) or Jim Delegat (Delegat’s) who steered their businesses through sluggish and competitiv­e conditions to achieve profit growth? Not to mention Mark Cairns from Port of Tauranga, with another record profit result which translated into total shareholde­r returns of 26 per cent for the year. The share-price performanc­e of each of these companies materially lifted the wealth of New Zealand investors.

In fact the New Zealand sharemarke­t, a star performer this year, is a worthy contender, leaving other larger, and supposedly more important markets looking quite insipid.

It is easy to focus on the squeaky wheels but givenNew Zealanders are humble and hardworkin­g people, it’s the quiet achievers we should be lauding. Carmel Fisher is managing director of Fisher Funds, an investment manager and KiwiSaver provider.

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