Wakatu Incorporation : balancing kaitiaki stewardship and commerce / Chellie Spiller, Amber Nicholson.
Material type:
TextSeries: Publisher: London : SAGE Publications Ltd, 2017Description: 1 online resource : illustrationsContent type: - text
- computer
- online resource
- 9781473999039 (ebook) :
- 658.4012
Includes bibliographical references and index.
A large Indigenous Maori organisation in New Zealand, Wakatu Incorporation, needs an effective decision-making process to assist its Board to meet the organisations cultural obligations as kaitiaki, environmental stewards, and fulfill commercial objectives and imperatives. This case provides a rich, unusual and challenging opportunity for students to consider an ambicultural approach to business through the use of a Balanced Scorecard in an Indigenous context. This Scorecard builds on and expands the notion of a triple bottom line to reflect the idea of the Five Well-beings across social, cultural, environmental, economic and spiritual dimensions. It provides students with an insight into a different governance model, and asks them to consider the tensions of being kaitiaki, stewards, with being commercially sound. A Balanced Scorecard has been designed outlining the various stakeholder groups and their kaitiakitanga, stewardship responsibilities, but they need help with critically evaluating its relevancy and effectiveness.
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