While we are relatively well off in terms of water, food supply and population density, global challenges will increasingly impact the costs of doing business in New Zealand.
Significant supply chain impacts
The report indicates that if companies had to pay for the full environmental costs of production, they would lose, on average, US 41 cents for every US$1 in earnings. As these costs become recognised – the supply chain impacts on New Zealand will be significant.
How well we can adjust to thrive in a world of increasingly complexity will depend on our ability to decouple New Zealand’s prosperity from natural resource use and environmental decline.
We can’t predict the future but it is good business sense to be prepared for the possibilities: to expect the unexpected. Business as usual is not an option.
I hope you find this report stimulating and thought provoking.
Please do not hesitate to contact me if you wish to discuss strategies for assessing, planning for, managing and capitalising on current and future challenges.