Business Advisory Insights for New Zealand SME’s
The Engine Newsletter
Real-world business insights, straight to your inbox
Our Business Resource Centre brings together articles, newsletters, insights and practical guidance developed from real world business experience. Covering topics such as business advisory, governance, strategic planning, succession planning, leadership, business resilience, interim CEO support, customer experience and growth strategies, our resources are designed to help New Zealand businesses navigate both opportunities and challenges with greater confidence.
Whether you are looking to grow your business, strengthen leadership capability, improve governance, prepare for succession, increase profitability or create a more resilient organisation, our aim is to provide valuable information that supports informed decision making and long term success.
Running a business can be rewarding, but it can also be isolating. The Engine was created on the belief that business owners should not have to navigate complex decisions alone. Through our advisory services, consulting support, governance expertise, peer group coaching and business development programmes, we help businesses move from strategy to implementation.
Explore our latest resources below and discover practical insights designed to help you build a stronger, more resilient and more valuable business.
Do you feel connected to your business?
Are you connected to your business?If you are going to take a serious run at building or growing a business you need to be connected to your team, your customers, your community and yourself. Take advantage to have a chat with one of The Engine’s Business Advisors who...
read moreUnleash your business potential for 2023
The primary cause of business stress & failure is lack of ongoing business planning. We Coach – Inspire – Provide – Facilitate – Empower –You to Grow Most businesses don’t plan to fail, they fail to plan. The Engine are a recognised leading service provider for...
read moreWhen was the last time you had a Business Health Check Up
Business Health Check Up Navigating Covid & many winter illnesses, coupled with staff shortages have brought many business’s to their knees and challenged business owner’s own wellness to meet supply and demand. I heard just last week of a business closed...
read moreHighlights from The Engine Workplace Wellness Business Forum
The Engine Business Forum Workplace Wellness We successfully delivered our Business Forum on the 27th of July 2022 Check out the below for highlights and photos of The Event. If you missed the FORUM check out the video. Key details: Date: 27th of July 2022Video...
read moreFeedback matters in business – Customers aren’t data points
Feedback Matters Good business is about connection. Connecting with your team. Connecting with your customers. Connecting with your hapori. Connecting with yourself. As a business owner what do you do to prioritise to understand your customers better, to know your...
read moreFirst impressions can make or break your business
First Impressions Matter Returning to a life from ZOOM has been quite challenging for many people. In fact, I'm spending a lot of time working with business owners on the importance of punctuality. Time is the one thing in life that you can never get back but can be...
read moreEstablishing culture foundations in your workplace
Establishing Culture Foundations Good business is about connection;Connecting with your team;Connecting with your customers;Connecting with yourself; Discover the tools you need to create a vibrant, connected work culture with us here at The Engine. Organisational...
read moreEveryone deserves to be heard – Talent stays where they belong
Everyone deserves to be heard Total applause for the many businesses that contacted us after last month's newsletter - regarding having a Customer Survey done impartially via us here at The Engine. They are now on their way to gaining insights from their clients about...
read moreGenuine EMPLOYEE appreciation requires consistency
Genuine EMPLOYEE appreciation requires consistency As I deliver Culture training to organisations I know that showing genuine appreciation to your staff takes more than a moment in time of recognition and reward - it requires consistency and commitment. When you are...
read moreSuccess as a Business Owner happens one step at a time
Success as a Business Owner, happens one step at a time An uplifting book I've just read, written by good friend Monica Moore - 'Buy the Damn Dress' talks about many things including FLIPPING YOUR THINKING. Even as a leading Business Advisor I need that injection...
read moreRoadmapping, Goals and Having a Plan
Roadmap, goals and having a plan What success looks like and how can we define what it really is? The answer to this question will vary depending on what your goals are and what stage of life you are in. When you were younger success for you may have been going to a...
read moreBusiness boundaries are for your sanity – not just your businesses
Business boundaries for your sanity With the run down to Christmas after a lengthy lockdown it seems ironic to be looking forward to a rest. Many business owners this time every year feel overwhelmed and carry a sense of guilt to have a break. However I know from...
read moreYour Commitment Scale in Business Spurs Growth
Your Commitment Scale in Business Commitment in business is having the courage to act when you don't know the plan. Have you ever committed to a goal and then suddenly changed course? Why exactly does commitment matter? I've always measured the success of my...
read moreReputation is the cornerstone of power
Reputation is the cornerstone of power. Your reputation truly precedes you - so what do people say about you and your business? Have you ever had someone not call you back or ignore you? How did it make you feel? So much of our actions in what we say, do and...
read moreYour Strategic Plan is your Business Investment
Your Strategic Plan is your Business Investment Strategy without implementation is useless; implementation without strategy is pointless. Strategy with implementation is growth! I often discuss with business owners how major strategic decisions need to be...
read moreA different perspective = a different outcome
Do you have a brand strategy or furthermore a brand protection strategy?
You’ve heard it time and again CASH IS KING
Mental Health Awareness Week – Showing vulnerability is the strongest and boldest act of business leadership
Your ‘Surge’ capacity may be depleted
Frequently Asked Questions (FAQ)
Q. What does a business advisor do?
A. A business advisor provides independent guidance, strategic thinking, accountability and practical support to help business owners make better decisions. Unlike a consultant who may focus on delivering a specific project, a business advisor works alongside business owners to provide ongoing advice across areas such as growth, leadership, financial performance, succession planning, governance, risk management and business strategy. At The Engine, our advisors combine real business experience with practical implementation support to help business owners achieve their goals.
Q. When should a business engage governance support?
A. Governance support becomes increasingly important as a business grows, takes on greater risk, employs more people or prepares for succession or sale. Governance helps create accountability, improve decision making, manage risk and ensure the business remains focused on long term objectives. Many business owners engage governance support when they want independent perspectives, strategic oversight or greater confidence in the decisions shaping their future.
Q. What is succession planning?
A.Succession planning is the process of intentionally preparing your business for the future, whether that future involves growth, leadership transition, family succession, management buyouts, sale of the business or eventual retirement.
Effective succession planning is not something that begins when you are ready to leave. The most successful transitions often start years in advance, allowing business owners to build value, strengthen leadership capability, reduce risk and create a business that can operate successfully beyond its founder.
Q. What is a Co Pilot CEO, Interim CEO or Fractional CEO and How Can They Help Your Business?
A. Businesses often need experienced executive leadership but may not require, or be ready for, a full time CEO. The Engine’s Co Pilot CEO service provides business owners with access to experienced leadership support that can be tailored to the needs of the business.
Co Pilot CEO can provide strategic thinking, accountability, leadership support, business planning and operational guidance while working alongside the owner and leadership team.
An Interim CEO is typically engaged during periods of transition, change or leadership vacancy and provides temporary executive leadership until a permanent solution is in place.
A Fractional CEO provides ongoing executive capability on a part time basis, allowing businesses to access senior leadership expertise without the cost of a full time executive.
Whether supporting growth, succession planning, business improvement or leadership development, The Engine’s Co Pilot CEO service is designed to provide practical executive capability when and where it is needed most.
Q. How can SME owners improve business resilience?
A. Business resilience is built through strong leadership, effective planning, sound governance, financial visibility and the ability to adapt to changing circumstances. Business owners can improve resilience by developing strategic plans, understanding cash flow, building capable teams, creating succession plans, reducing dependency on key individuals and regularly reviewing business risks and opportunities. The businesses that thrive are often those that prepare before challenges arise.
Q. What is the difference between consulting and business advisory?
A. Consulting typically focuses on solving a specific problem, delivering a project or providing specialist expertise within a defined scope. Business advisory is broader and more ongoing, providing strategic guidance, accountability, mentoring and support across multiple aspects of a business. While consultants often deliver solutions, advisors help business owners make informed decisions and build long term capability. The Engine provides both consulting and advisory services depending on the needs of the business.
Q. How can group coaching benefit my business?
A. Group coaching provides business owners with access to peer accountability, independent perspectives, shared experiences and strategic thinking in a confidential environment. Many business owners face similar challenges and can benefit from learning from others who have navigated comparable situations. The Engine’s Think Tank programme combines facilitated peer group discussions, accountability and practical business advice to help business owners accelerate growth and make better decisions.
Q. Why is strategic business planning important?
A. Strategic business planning provides clarity, direction and alignment for business owners and their teams. A strong strategic plan helps define goals, identify priorities, allocate resources effectively and create accountability around outcomes. Without a plan, businesses often become reactive and lose focus. Strategic planning helps organisations make proactive decisions that support sustainable growth and long term success.
Q. How can a Business Warrant of Fitness benefit my business?
A. A Business Warrant of Fitness provides an independent review of key areas of business performance, including strategy, leadership, governance, financial management, operations, customer experience and business continuity. It helps identify strengths, risks, gaps and opportunities for improvement. Much like a vehicle warrant provides assurance that a vehicle is roadworthy, a Business Warrant of Fitness provides business owners with confidence about the health and sustainability of their business.
Q. Why is business success more achievable when you have experienced professionals like The Engine on the journey with you?
A. Business ownership can be rewarding, but it can also be complex and isolating. Experienced advisors bring independent perspectives, practical experience, accountability and specialist knowledge that can help business owners avoid costly mistakes, identify opportunities and make better decisions. The Engine combines advisory expertise, consulting support, governance capability, peer networks and implementation experience to help business owners navigate challenges and achieve their objectives with greater confidence.
Q. Can I access funding for advisory capability coaching services?
A. In some circumstances, businesses may be eligible for capability development funding through programmes administered by Regional Business Partners and other approved initiatives. Funding eligibility and availability can vary depending on location, business needs and programme criteria. The Engine can discuss current funding opportunities and help determine whether your business may qualify for advisory capability support.