Startup strategy and business planning
Successive deregulations of major industry sectors made New
Zealand a leader in deregulation and privatisation during
Investment by the world's leading corporates in these sectors
ensured the development of competition for the established
Murray King and Francis Small were involved at board level
in a number of these start-ups, mostly involving conglomerates
of international corporates, local and international investors.
Their involvement focused on helping set the strategy for
the start-ups and included:
- Establishing the new board, management structure and board
/ executive relationship.
- Establishing the initial strategic plan and business plan
for each company.
- Working with shareholders, board and management to devise
a new company vision and direction.
- Introducing associated organisational structures and business
systems for each company.
- Recruiting suitable staff.
Murray King: "Of course the conglomerate partners brought
their own interests and agendas to the boards of each start-up
company. While these agendas had to be accommodated, the new
companies also needed sufficient freedom to establish their
own strategic visions in order to shape and pursue their own
- Establishment of successful new companies.