The New Zealand Institute of Management established its Management Capability Index (MCI) in 2003. In the 10 years since, four other countries – Australia, India, Malaysia and Singapore – have adopted the MCI as a national standard for measuring and evaluating management performance in their respective economies.
The New Zealand Institute of Management (NZIM) facilitates management and leadership excellence by promoting, supporting and developing the profession of management in all its forms. It is New Zealand’s largest professional body for managers.
NZIM has, through its regular MCI surveys, tracked and recorded the changing state of management capability in New Zealand for the past 10 years. It does so by measuring and evaluating management performance across a range of key factors. And as other countries have adopted the MCI, through its acceptance as an effective and relevant global benchmark by the Asian Association of Management Organisations (AAMO), so we have become increasingly able to compare the performance of New Zealand managers with that of other countries, particularly in the Asian region.
NZIM is proud of what it has achieved through its MCI innovation and initiative. It gives me great pleasure, therefore, to present the 2013 Management Capability Index and to acknowledge its 10th anniversary of existence and growing global acceptance. In so doing, I wish particularly to acknowledge the outstanding contribution made by Mr Doug Matheson Life FNZIM, former president of NZIM and creator of the index. His understanding of the importance of management capability to organisational success and his identifi cation of what drives it, underpins the growing global acceptance of the value of the Index.
Management capability measures management leadership and competence in the key management practices that lead to sustainable business performance and business growth. The MCI establishes a baseline for monitoring management capability performance over time and provides some important insights into the current state of play of management capability in New Zealand. The findings help organisations benchmark their management effectiveness against similar organisations.
It also measures their performance relative to the overall MCI. Hopefully, the 2013 MCI report will assist organisations to identify and target management practices and competencies underpinning management capability that may require development to achieve sustainable business performance and growth.
NZIM also extends its sincere thanks to all those organisational leaders and senior managers who responded to and participated in this year’s survey. The response was outstanding in terms of numbers, the spread of industry sectors covered and the seniority of the managers who took part.
Gary Sturgess Life FNZIM Chairman, New Zealand Institute of Management