Volume 4, Issue 2, August 2006

TABLE OF CONTENTS

Cover Story
FORM OVER SUBSTANCE: WHY STATE SECTOR GOVERNANCE IS FALLING DOWN
Politically appointed directors and enterprises monitored by tick-the-box methods are undermining confidence in public-sector perfromance. Graeme Hunt reports.

Governance & Management
VOLATILITY & VISION: PARTNERING ON THE EDGE
A word that crops up frequently in discussion with The Edge’s chair David Wolfenden and CEO Greg Innes is ‘complexity’. How do they handle the challenges of a volatile industry within the political goldfish bowl of public ownership?

Measurement
MIX AND MATCH: TWO NEW WAYS TO LIFT COMPETENCE IN THE BOARDROOM
An unsettling home truth lies buried at the heart of corporate governance in New Zealand. Despite being charged with carrying the can for their organisations’ performance, local directors have few tools at their disposal to measure their own strengths and weaknesses. That may be about to change.

EDITOR’S LETTER
Living in Interesting Times

TABLED
• Founders’ Disease
• Bridging the Divide

APPOINTMENTS

BOOKSHELF
• Reinventing Your Board
• Sarbanes-Oxley and the Board of Directors
• Boards that Deliver

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