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New Zealand Engineering 1999 March
Forum Summaries
Forum Summaries Global Markets
Democracy,
Technology and Progress
Engineering Governance
Venture Capital
Sustainabilty
The Future
Engineering Office
Global Markets (sponsored by IBM Global
Services)

By focusing on human capital development Ireland has
achieved spectacular gains in growth and reducing unemployment. Deputy Prime Minister Mary
Harney outlined a number of policies Ireland has used to attract direct inward investment
from the United States (in particular) by reducing cost structures, creating jobs which
can form a "quaternary" educational facility for Irish workers. IBM Asia
President James Joyce pointed out that e-business is changing the way companies sell and
opens up a global market for relatively small firms and countries regardless of distance.
New Zealands trade performance has been slipping in global terms according to IMF
figures advanced by NZ Institute of Economic Research director Alex Sundakov. Mr Sundakov
said that New Zealand suffered from its remoteness and still followed heritage trade
patterns. Treasury secretary Alan Bollard acknowledged Irish achievement but pointed out
the difference in distance and market integration Ireland has enjoyed from European Union
membership. He said the Government was following a programme of reducing costs by
introduction of competition. Manufacturers Federation president David Moloney said New
Zealand exporters were doing well but more effort should be put into assisting smaller
firms. New Zealand Herald business editor Rod Oram detected a change in political
direction by the National Party on industrial policy.
Democracy, Technology and Progress
(sponsored by the Centre for Advanced Engineering and Opus International)
 
Judge Treadwell argued that imprecise district plans
with a plethora of discretionary activities were a make-work scheme for local bodies. He
said both implacable objectors and developers who hid their true objectives were equally
problematic for the effective operation of the Resource Management Act. Unless local
bodies were prepared to be more disciplined there would be continued problems with the
Act. Ministry of Research, Science and Technology policy adviser, Paul Reynolds, said that
the Foresight project had identified a number of areas where genetic engineering would
assist the development of competitive New Zealand industry and that these need not involve
directly modifying foodstuffs. Increasingly, scientists were looking at the total
environment of the crop. Phillida Bunkle however pointed to a growing blurring of the
boundaries between the objectives of corporate research and state governance in promoting
genetic research. She said science per se was losing its credibility with the populace and
this was largely due to the perception of collusion and academic arrogance. Andrew McEwan
of the National Radiation Laboratory spoke on the placement of cellular telephone base
stations. He said the apparently conflicting information from scientists had been
misinterpreted by the media and local groups, but the gradual resolution of the data into
highly conservative standards may yet alleviate concerns. David Elms of the Centre for
Advanced Engineering spoke on the perception of risk and concluded that the public needed
a trusted champion. He called upon the Institution to give its code of ethics more public
"teeth". The discussion could not resolve any structure which could identify how
technology could be introduced democratically.
Engineering Governance
(sponsored by the Worley Group)

John Norton, director of emergency management and
civil defence, Department of Internal Affairs, said that civil defence had to come out of
the basement and that it was important for engineers to assert themselves as asset
managers in this respect at board level. Victoria University law reader Bob Dugan said
while continental European companies included provision for employee stakeholder
representation in boards there were no jurisdictions in the Anglo-Saxon world which broke
with the notion of a company as a risk-taking legal entity. Ian Parton of Worley Group
argued that engineering strategy should be consistent with business strategy and that
there was no overall reason for engineers to be on boards. John Gardiner of IPENZ,
however, argued that the interdependence of companies meant that society as a whole was
taking a larger and larger risk on private sector linkages failing. This was reinforced by
John Good of the Y2K Commission who retraced the history of the problem and the terrible
habit of IT to get top level support with less than engineering standard work practices,
often with calamitous results. Sharon Beder, associate professor of Science and Technology
Studies at the University of Wollongong, questioned whether companies were the appropriate
structure for the control of formerly state run industries. Francis Small, managing
director of Tranz Rail, pointed out that boards were very aware of their responsibilities,
and said there was an increasing trend for boards to appoint special subcommittees to
examine engineering related issues.
Venture Capital (sponsored by Beca
Carter Hollings & Ferner)

New Zealand Stock Exchange chief executive, Bill
Foster, outlined the advantages of listing on the New Zealand Stock Exchange over the
NASDAQ but his arguments did not seem to impress David Koni of Dorchester Pacific or
Stephen McPhail of Morel & Co. Mr Koni spoke on Dorchester Pacifics experience
as it recovered from its previous incarnation as Venture Pacific while Mr McPhail went
through a "how-to" guide for inventors. Dr Stephen Thompson, chief executive of
the Foundation for Research, Science and Technology explained the purpose and raison
detre for the Foundations various funding programmes. Panellist Yvonne Lucas
of the Ministry of Commerce revealed that the Ministry is examining venture funding
closely this year and is interested in war stories from those seeking funding. The
Ministry is also looking at reducing the complexities of issuing a prospectus for small
capital companies. Jai Basra of Ernst and Young talked about various funding options and
Vance Arkinstall of the Insurance Savings Institute said that large funds were showing an
increased interest in establishing venture funds. Discussion saw general agreement that
actual capital is available but there is a scarcity of infrastructural information for the
formation of a venture investment industry.
Sustainability
(sponsored by Natural Gas Corporation)
Dr Sharon Beder led off with a strong attack on
the present concept of sustainable development, which she said had been taken over by
economists and manipulated in such a way as to displace emphasis on the need for
environmental protection, and reduce opportunities to discuss possible alternative
futures. Jeanette Fizsimons said that sustainability was not compatible with an economy in
which growth was the primary aim. Ron McDowall said that there was a path to sustainable
management through the regulatory revolution that was currently taking place; but he
acknowledged that there were problems with meeting the needs of the poor and
disadvantaged, who made up five-sixths of the worlds population.Two speakers, Peter
Toynbee and David Willmott, agreed in saying that it was the engineers business to
deal with changing situations. The new situations would be dealt with in their turn.
Norman Firth supported the concept of sustainability: and Juliet Woodward, acknowledging
that engineers clients required the most cost-effective solutions, paid tribute to
the Resource Management Act framework which governed the work. Perry Buckland said Mobil
Oil accepted that environmental protection had become a business imperative. This
understanding and contribution by technology and business he described as one leg of the
sustainability stool, the second being a good societal infrastructure, and the third,
community and individual awareness and support.
The Future
Engineering Office (sponsored by Morgan & Banks)

Employment fluidity, if you hadnt already
noticed, is increasing and there is no likelihood of that trend reversing any time in the
near future. Morgan and Banks chief executive, Kaye McCauley, recommended that
engineers keep a close eye on changes in their industry to avoid being led into career
cul-de-sacs. She prescribed social networking and sticking to ones strengths as
career preserving options for the future. Lawrence Zwimpfers message was that
telecommunications was creating a do-business-anywhere world and this was only going to
get more pronounced as broadband land and wireless services proliferate. Janice Burns of
Top Drawer Consultants essentially told white male engineers that polite ignorance of the
womens perspectives and those of other cultures was simply not going to be effective
in future. |