NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

Interacting with the movers and shakers

30 Jun, 2000 03:24 AM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

By Karyn Scherer

It has to be said, the event billed by at least one person as the most important meeting to be held in New Zealand since the signing of the Treaty of Waitangi got off to a rather scary start.

Presumably, many of the 220 or so business leaders attending
the Apec CEO Summit had not witnessed a powhiri before.

At the height of the fearsome challenge to the manuhiri (which included the Hong Kong-based chairman of the Pacific Basin Economic Council, Helmut Sohmen and the American head of General Motors, Jack Smith), they burst out laughing.

Mr Smith later described the experience as "rather interesting". Maybe trade with New Zealand was not such a good idea, he quipped. "It could be life-threatening."

For those of you not lucky enough to wangle an invite to the second biggest show in town, what you missed was a lot of very earnest, but not always enlightening, speeches.

Mr Smith, for example, seemed rather proud of his personal definition of a global business: one that has investments in more than one country. Whether this definition catches on remains to be seen.

Incidentally, someone forgot to tell him not to mention the war. It was only after the outbreak of the Second World War, he said, that the Japanese stopped buying American cars.

In a sea of grey, navy and black, AMP and TVNZ boss Rosanne Meo stood out like a flare in a bright red suit. On Sunday, she was resplendent in all-pink. One wonders what she thought of Mr Sohmen, who kept referring to "we businessmen".

Another speaker, who shall remain nameless, urged delegates to develop a "moral code of conduct". Whoops. "I mean model code of conduct".

A Freudian slip indeed. The business world, she suggested, had a bit of an image problem. "We're very good at describing the hamburger, but so far there's not much beef," she scolded.

This was, no doubt, food for thought for Ray Cesca, the unusually tall and thin head of world trade for McDonald's.

Mr Cesca was a jolly sort, sharing his views with one liftload of passengers that we were all "one big happy family".

"He obviously doesn't eat much of his own product, does he?" someone whispered in my ear.

A main feature of the summit was "interactive meetings". It turned out this meant delegates were seated at tables, rather than in a theatre, and had to talk to each other.

At least that was the idea. Encouraged to share his personal thoughts on the weekend's theme - globalisation - one local business leader was heard asking after the Otago-Counties Manukau game.

Meanwhile, an interesting dissertation on the way forward for Japan by its Minister for International Trade and Industry came to an abrupt end when no one came up with a single question.

For once, the audience was not ordered to turn cellphones off during the main speeches. These, after all, were Very Important People.

And Motorola's vice-chairman, Gary Tooker, was one person who didn't seem to mind the occasional chirrup while he was talking.

Nevertheless, Mr Tooker must have been thanking his lucky stars the summit was not in Sydney. Across the Tasman, the company is embroiled in an embarrassing scandal over the way it won a contract for millions of dollars worth of police business.

After almost every speech, the speaker was thanked for his or her thought-provoking address. But then those doing the thanking, like those producing the political leaders' communique, were working from prepared notes.

At one point, every single person at the table next to me had their heads down and their eyes wide shut. Maybe it was jetlag.

But then, the main action was not really the talkfest itself. The CEO Summit is really a giant networking opportunity and much of the real progress was being made elsewhere.

Local business leaders had been looking forward to rubbing shoulders with some of the Asia Pacific region's biggest movers and shakers for months, and most managed to fill their appointment books.

As it turned out, they also got to rub elbows and knees with the visitors, thanks to the Heritage hotel having only three small lifts to ferry a phalanx of people between floors.

For most delegates, the highlight was probably Bill Clinton's breakfast speech on Sunday morning.

But for me, it was the address by the one of the world's richest men, the Sultan of Brunei. His Majesty kindly shared his thoughts on how Apec nations should work towards the common goal of shared prosperity.

His conclusion? "I believe the most important contribution we can all make to this is to convince our people that the different sectors we represent are all working together in their interests."

You can draw your own conclusions as to whether he is a hamburger or a beef man.

The venue for most of the summit sessions was the Heritage Hotel's almost-elegant Tearoom.

It was a strange feeling sitting beneath the newly painted ceiling, knowing that this was the very place I spent some of the happiest moments of my early childhood.

Back then, it used to be the rooftop playground of the old Farmers department store. If we were lucky, we would be allowed to ride round and round in circles on the pedal cars, while our parents enjoyed some refreshment after a busy morning's shopping.

It is true, I suppose: the more things change, the more they stay the same.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Business

Business

$162k in cash, almost $400k in equipment seized in scam crackdown last year

19 Jun 04:29 AM
Premium
PropertyUpdated

Watch: Expert's 'big question' over burned supermarket's redevelopment potential

19 Jun 04:00 AM
Premium
Retail

Kathmandu owner forecasts weak earnings outlook

19 Jun 03:36 AM

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

$162k in cash, almost $400k in equipment seized in scam crackdown last year

$162k in cash, almost $400k in equipment seized in scam crackdown last year

19 Jun 04:29 AM

Reports of scam texts dropped 62% in 2024 after action by Internal Affairs.

Premium
Watch: Expert's 'big question' over burned supermarket's redevelopment potential

Watch: Expert's 'big question' over burned supermarket's redevelopment potential

19 Jun 04:00 AM
Premium
Kathmandu owner forecasts weak earnings outlook

Kathmandu owner forecasts weak earnings outlook

19 Jun 03:36 AM
Premium
Controversial Kiwi start-up, once worth $38m, folds in New York

Controversial Kiwi start-up, once worth $38m, folds in New York

19 Jun 02:37 AM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP