There is an onslaught of
regulation, much of which
is attempting to solve
problems that don’t exist.
CEO
|
Banking & Financial Services Business
t h e n ew no rma l
| 2 01 2
53
For the Public sector, the electoral
cycle is “one of the most significant
risks faced”, with new functions
coming from government and a regular
cycle of political policy development,
implementation, change, and then new
policy development. One Chief Executive
described it as “game-changing economic
development, as opposed to business-as-
usual economic development”.
Legislation actively penalises
our organisation or puts
barriers in the way of
carrying out our business.
CEO
| Membership Organisation
Another said that “the risk is that all
our planning may become redundant if
there is a change of government at the
next election, where different views
could see the projects abandoned”.
For Not-For-Profit organisations
that provide social services, audits
and certification processes can be
burdensome, requiring the same data
to be provided through separate audits
to multiple bodies (eg. the Ministry of
Health and district health boards).
Frequency and duplication present a
significant burden for that sector.
These audits were described as
“
unrealistic”, with very limited benefit,
a “focus on compliance rather than
value and quality”, and “not adding any
information to assess performance”.
key findings //
10:
government- led change & regul ation cont. . .