Deloitte ‘State of the State’ report explores the strategic capabilities required for New Zealand to face global megatrends
Auckland, 31 July 2023 – Released today, the 2023 Deloitte New Zealand State of the State report explores the strategic capabilities required of New Zealand as a nation, a government, and a community, to face the impacts of current and incoming global trends.
In its sixth year, State of the State brings together experts alongside industry and community leaders to explore the role of the state in some of the biggest issues faced by Aotearoa. The report drives positive and constructive conversations and works on solutions that could improve outcomes for all Kiwis.
In the 2023 report, titled “Into the wind: Capabilities for navigating uncertainty,” we explore complexity, uncertainty, and disruption as they apply to our future as a nation. The report outlines an important stewardship role for the public sector, entrusted with laying the groundwork for a prosperous New Zealand for future generations. The role of steward spans our most critical systems including economic management, housing, welfare, education, health, and infrastructure.
Deloitte Partner, Adithi Pandit says “the challenges that lay before us as a nation, a government and a people are uncharted and uncertain. But the steps we take now to prepare ourselves for the journey ahead will resonate through the generations.”
State of the State outlines a set of six global megatrends that have the potential to challenge New Zealand’s ability to manage change. Faced with geopolitical tensions, climate change and biodiversity loss, persistent inequity, polarised perspectives, an ageing and changing population, and an accelerating technology landscape, it is not possible to plot a steady course through the chaos. In this high-stakes, high-uncertainty context, we will be challenged on our capabilities for managing change, and the consequences of the wrong action, or inaction, are greater than ever before.
“State of the State recommends a set of capabilities required to come out the other side into a future state that we can be proud of. Working alongside business, iwi, and communities, the public sector collectively should look to understand, shape, adapt to, and build resilience for the future to fully support New Zealand’s journey ahead,” continues Pandit.
The capabilities are spread across two categories; ‘choosing in uncertainty’ and ‘acting through disruption.’ These are identified as the main areas that may challenge our ability to manage change.
Deloitte’s State of the State 2023 highlights the role that people have to play in our future. The depth and breadth of human capability is the only reliable hedge against the challenges represented by these megatrends. Talent, insight, empathy, and lived experience are the most valuable things we have to overcome the obstacles we face.
“We now have an opportunity to make choices, take action, make an impact, and navigate a course towards positive outcomes for our people, communities, country, and the futures of generations to come,” says Pandit.
To read the full State of the State report including global megatrends and the capabilities required to face them, visit www.deloitte.com/nz/en/Industries/government-public/case-studies/state-of-the-state-2023.
ABOUT DELOITTE
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organisation”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which is a separate and independent legal entity, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Bengaluru, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Mumbai, New Delhi, Osaka, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo.
Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 people worldwide make an impact that matters at www.deloitte.com.
Deloitte New Zealand brings together more than 1800 specialist professionals providing audit, tax, technology and systems, strategy and performance improvement, risk management, corporate finance, business recovery, forensic and accounting services. Our people are based in Auckland, Hamilton, Rotorua, Wellington, Christchurch, Queenstown and Dunedin, serving clients that range from New Zealand’s largest companies and public sector organisations to smaller businesses with ambition to grow. For more information about Deloitte in New Zealand, look to our website www.deloitte.co.nz.
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms or their related entities (collectively, the “Deloitte organisation”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.
No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this communication, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this communication. DTTL and each of its member firms, and their related entities, are legally separate and independent entities.
© 2024. Deloitte Limited (as trustee for the Deloitte Trading Trust).
Media Contact(s):
Magdalen Drummond
Senior Communications Manager
Deloitte New Zealand
021 0227 9903
mdrummond@deloitte.co.nz