Business Update – 16 July 2021

16/07/2021

Kiwis Stranded in NSW Started to Come Home

Flight, Australia Managed return flights will start bringing New Zealanders stranded in New South Wales back home on Tuesday.

There are as many as 2,500 Kiwis in NSW, but there are only about 1,000 rooms available in the MIQ facilities over the next two weeks. Returning travellers will be required to quarantine for 14 days upon return.

NZ Resumes Travel Bubble with QLD

NZ has resumed its quarantine-free travel arrangement with QLD from 11:59 pm on Monday. QLD health authorities announced reduced restrictions on social gatherings and mask wearing starting this Friday, prompting the NZ government to bring back the travel bubble.

J&J COVID-19 Vaccine Approved for Use in NZ

Vaccination

Medical regulators have approved the use of the Johnson & Johnson COVID-19 vaccine.

New Zealand has an agreement to purchase 2 million doses, but Pfizer will remain the country’s primary vaccine.

First Rail Network Investment Programme Released

New Zealand’s transport minister Mr Michael Wood has released the first Rail Network Investment Programme (RNIP), which outlines a $1.3 billion plan for the management, maintenance, and improvement of the national rail network between 2021 and 2024.

Eight Tips to Calmly Handle Company Crises

Running a business has its own ups and downs. Sometimes, ideas fail and things go out of hand, leading to a crisis within the business. In this Forbes article, members of the Young Entrepreneur Council share eight tips to manage company crises calmly and competently.

Take a moment to sit and think, without distractions. It’s through clarity that you can make the best decisions and take the right actions.
Ask senior leaders to help address the crisis. Catch up with leaders, explain the current situation, and ask them to help you address the crisis.
Respond in a calculated manner instead of reacting. Responding requires you to take a moment, gather all relevant information, and make a plan to move forward.
Encourage employees to stick to their daily routines. This keeps a sense of normalcy and prevents placing unnecessary stress on employees.
Take ownership of successes and failures. Resist the urge to shift blame as this will only cause more problems and worsen the crisis.
Remember your company’s purpose and vision. Re-centre everything to your true north in order to stay calm and manage the crisis.
Quantify the issue to put it into perspective. Being able to quantify the issue as a one-dollar problem or a thousand-dollar problem, for instance, can help you approach the crisis from a composed viewpoint.
Create a plan of action with detailed steps. Proactively define priorities and then communicate the three or five most important steps. Having a plan will not only help address financial concerns and preserve operational continuity, but will also make your team feel secure.

Need more focused business advice? Get in touch with us today and let us talk about your specific situation and how we can help you.

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