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Is the election of Donald Trump the wakeup call NZ SMEs need?
Episode 9
Published 1 year, 6 months ago
Description
This episode dives deep into the implications of the recent US election and what it means for New Zealand’s SMBs, exploring key insights and strategies from hosts David Altena and Rob Bull. With tariffs on exports potentially rising under a Trump presidency, Rob frames this as a wake-up call rather than a crisis, emphasising how such challenges can spur innovation, productivity improvements, and strengthen New Zealand’s position in the global market. Strategies are discussed for turning obstacles into opportunities, including leveraging constraints to fuel creativity, adopting emerging technologies like AI, and refining business processes for greater efficiency. Real-world examples are shared of businesses already embracing automation and productivity improvements. David and Rob also stress the importance of proactive planning, industry collaboration, and reducing reliance on government support to drive meaningful change. Highlights include:
- "This isn’t a crisis—it’s a wake-up call to innovate, improve productivity, and compete globally."
- "Constraints, like tariffs, can drive creativity and efficiency gains across your business."
- "Proactive planning and leveraging tools like AI can turn adversity into a sustainable advantage."