Blog

Stephen Baugh

Finally the OCR (Official Cash Rate) in New Zealand has been dropped to 8.0%. As an exporter we have been doing it tough for years now and maybe this is the relief we need. http://www.rbnz.govt.nz/news/2008/3376920.html I used to joke, in a black humour kind of way, that what exporters needed was a "mad cow" to take the edge off the economy. Nothing else seemed like it would work ... Then with some sadness I realized we already had one, but she was running the country, time would not be on her side forever ... Unfortunately our relief comes only because the economy overall seems to be screwed. To View More >>

In my last blog entry I mentioned our ambition to be a "legendary" company. This may sound shallow to some, especially those skeptical of company "vision statements" and empty promises from the board as to how "life is going to be different now" For us however we hold this desire very close to our heart, and although growth is important to us, growth without quality and a focus on sound profitability becomes just an issue of ego. We are a family based company, and some of our focus comes from a division of responsibility, but really it comes from a desire to be exceptional in all aspects of our To View More >>

It was with real sadness that I learned of Anita Roddicks death this morning. In truth my reaction was quite unexpected. It is strange that while she was alive I could be quite self righteous in my disregard for her, but suddenly in death my earlier criticism seems petty. In truth whether of not you agree with everything she did, the world and commerce is better off for her being a part of it. I only ever shop in a Body Shop store if the girls want to buy soap for there mum so am not really a fan of the the "brand", but even so I know that my own values have been influenced for the better by as To View More >>

On Thursday I called our Prime Minister, Helen Clark a mad cow, and I want to say sorry. LOL Ok I was going to say that's not fair on real cows and their unfortunate condition, but that would just be another cheap joke at someone else's expense. Funny thing about my blog is not many people leave comments, in fact almost never, but I get quite a number of emails directly and comments from friends and family. On Friday at a party Dad told me I was being a "tough customer" and my Sister said that it "wasn't my style, and would come back to bite me when I was Prime Minister." Something about Karma? To View More >>

The New Zealand Herald ran a story this morning about Kevin Roberts joining the board of New Zealand's Telecom. Some stories honestly just make me go, OMG, what? Here is one of my business heroes joining the board of a company (Telecom) that "I hate to love". I continue to support them despite myself, and despite the way they present themselves to their clients. But I would love to love them. In the interests of full disclosure, our company are pretty big telecommunication users. We are heavily dependent on Telecom for our international telephone presence, and we're big users of high speed internet. To View More >>