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The Dangers of Our Productivity Slide

Geerten Lengkeek at Radio New Zealand

Productivity is important to all Kiwis. Unfortunately, New Zealand does not rank well in the latest Productivity figures released by the New Zealand Productivity Commission. Our managing director, Geerten Lengkeek heads to the Auckland Studio of Radio New Zealand to discuss with Sharon Bretkelly what this means for the national wealth of the current New Zealanders and the generations to come.

New Zealand produces only 68% compared to the average OECD Nations and we work longer hours to achieve this. This means that as a country we bring in less national wealth. So, as a country, we have less money to spend on infrastructure, schools, healthcare, conservation, sports, and anything else that matters to us.

Geerten explains how improving our operational performance and business practices will not only improve the productivity of our business sector but will benefit the well-being of all in Aotearoa. He continues on to explain that some aspects of our “number eight wire” culture are great for our productivity, but others prevent us from being the best we can be.

David Turner, owner and manager of Sequal Lumber adds his views on our low productivity to the interview. He explains how New Zealand will not progress up the OECD ladder until the government changes policies to encourage value-added manufacturing.

You can listen to the full radio interview here: https://www.rnz.co.nz/programmes/the-detail/story/2018898870/the-dangers-of-our-productivity-slide