We start and end with this week’s big story, the countdown to RWC... a look at its likely economic impact once again reinforces that economists can’t agree about anything... in our Last Word Martin Snedden muses on what it will take to make the event a success – and its got diddly squat to do with rugby.
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Picking the winner of the Rugby World Cup may be easier than working out the economic gains – or losses. Gauging how much GDP growth results from the tournament, rather than from – let’s say – the Christchurch rebuild will be tricky too, says Bob Edlin, Executive Update’s economic correspondent.
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The latest figures released yesterday from Paymark suggest that the spending boost expected to accompany the RWC will come as a welcome relief to retailers, with soft, choppy trading conditions across most sectors defining the last couple of months.
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The grass is no longer looking so green across the Tasman where business confidence has hit a new low and Australian executives face a continuing weak job market for the remainder of 2011.
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While traditional retail is facing serious and sometimes deserved challenges, most people do, and will continue to, enjoy going shopping in the real world. In fact, rather than witnessing retail ruin, a retail renaissance is in the making contends a global consumer trends spotting firm.
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More than half of all New Zealand employees are saying they expect to switch careers within the next five years, according to a survey by global workforce solutions company, Kelly Services.
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As executives become more senior, they are less likely to receive constructive performance and strategic feedback. They can get it by calling on their junior colleagues.
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A programme that gives secondary-school students hands-on experience of health careers to encourage them into the sector has taken the top prize in the EEO Trust Work & Life Awards 2011.
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“It’s no more complicated than having guests come to dinner," says Martin Snedden, chief executive of Rugby New Zealand. "From the moment they walk in your door until the moment they leave you have to look after them. You make sure that they have a good time. And most of the time if you do that they are left with a warm fuzzy feeling. That’s all that we are asking New Zealanders to do for the Rugby World Cup."
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