8 March 2023

New SME governance series to offer insight, guidance

A new governance series is being offered in Southland in a collaboration between the Institute of Directors New Zealand and the Southland Business Chamber.

Unpacking Governance for SMEs (small and medium enterprises) is designed for small- and medium-sized business owners and executives, advisers to SMEs and directors on SME business boards.

The first session, chaired by Dunedin-based professional director Scott Mason, will look at understanding the purpose of governance and discuss director’s duties and risks in an SME.

To be held on March 15, it will also explore the benefits of having a governance structure and the difference between having an advisory board and a formal governance board. The second session will look at setting up governance in SME and start-up businesses.

Local SME directors Dean Addie, Chris Hughes and Wade Pearson will share governance insights and experience.

Mr Addie, of Invercargill, has a broad range of governance experience, including charities and Crown-owned and council-owned entities.

He said he was “all about self-improvement”, and part of that was professional development. He enjoyed governance and understanding how different organisations operated.

Being in the South was no barrier to progressing a governance career and there were “heaps” of opportunities in the governance space, he said.

Source: Otago Daily Times – 7 March 2023

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