Latest news with #BuilttoLast
Scoop
5 days ago
- Business
- Scoop
Āpōpō Welcomes ‘Built To Last' Report As Mandate To Strengthen Aotearoa's Infrastructure Asset Management System
Press Release – Apopo The reports emphasis on sustainability, stewardship, equity, and system reform aligns directly with pps purpose: to enhance the capability of asset management professionals for Aotearoa New Zealand through education, accreditation, guidance, … Te Whanganui-a-Tara | Wellington – Āpōpō – Infrastructure Asset Management Professionals, Aotearoa New Zealand's lead association for asset management professionals, welcomes the Built to Last report released by the Helen Clark Foundation and WSP as a timely and compelling call to invest in the long-term resilience of the nation's infrastructure. The report's emphasis on sustainability, stewardship, equity, and system reform aligns directly with Āpōpō's purpose: to enhance the capability of asset management professionals for Aotearoa New Zealand through education, accreditation, guidance, and thought leadership. Supporting a Future-Ready Workforce Āpōpō strongly endorses all seven recommendations made in the report – particularly Recommendation 4: Increase Asset Management Workforce Capability. With 99% of infrastructure already in place (Te Waihanga 2024), and future investment expected to prioritise maintenance and renewal, effective asset management is more critical than ever. Skilled knowledgeable professionals are needed now and in the future to take responsibility for delivering that effective asset management. New Zealand does not have sufficient capability in asset management to ensure we are realising all the economic, environmental, social and cultural value from our past current and future investments in infrastructure. 'Meeting these challenges requires more than money – it requires a shift to long-term, integrated thinking to deliver the competency and capacity in asset management that we require,' says Murray Pugh, Āpōpō Chief Executive. 'Asset management must be recognised as an essential discipline that safeguards intergenerational wellbeing, and this must be supported by formal education and certification pathways to ensure credible practitioners are added to the profession.' Āpōpō is already leading this shift. Through nationally recognised learning pathways, credentials, and technical guidance, the organisation is upskilling professionals across central and local government, the private sector, and community organisations. Its Professional Practice Accreditation Scheme – aligned with the Global Certification Scheme (GCS) of the World Partners in Asset Management – (WPiAM), offers recognition for practitioners at two levels: Asset Management Associate (AMA) and Asset Management Chartered Professional (AMCP). Underpinned by Āpōpō's Competency Framework, which integrates international standards (GFMAM) and ISO, the Pou Herenga model of culturally grounded practice, this scheme is building a skilled, knowledgeable, and ethical asset management workforce for the future. Strengthening Organisations and System Leadership Āpōpō is preparing an Organisational Accreditation programme to help lift asset management maturity at a system level. The initiative will recognise public and private infrastructure asset owning organisations for demonstrating excellence in asset governance, planning, continuous improvement, stakeholder engagement, and value realisation. Additionally, Āpōpō co-convenes with Te Waihanga – New Zealand Infrastructure Commission, the Central Government Asset Management Community of Practice. This collaboration provides a platform for asset owning agencies to share challenges and coordinate efforts for better outcomes. Embedding Long-Termism and Te ao Māori Values The HCF and WSP report highlights the tension between short-term political cycles and the long-term nature of infrastructure decisions. Āpōpō advocates for systems thinking, where infrastructure planning and asset management are grounded in wellbeing, resilience, and intergenerational equity. Āpōpō's work draws on global frameworks and adapts them to Aotearoa's unique context. Te ao Māori principles are woven throughout guidance and professional standards (such as the next generation authoritative Āpōpō Guide and the Infrastructure Valuation and Depreciation Guidelines), reinforcing stewardship and interconnectedness for delivering value that benefits all communities. The 2024 Āpōpō Supreme Award for Asset Management Excellence went to Nelson City Council for its Kaupapa Māori Asset Management Framework – an iwi-led, values-driven approach that exemplifies the future of asset management in Aotearoa. Built to Last recognises this project as a national exemplar. Professionalising the System Āpōpō calls on central government to take immediate action to support the professionalisation of the sector: Recognise Āpōpō's accreditation schemes within the public sector capability framework. Invest in professional development and an education-to-employment talent pipeline. Support organisational accreditation to lift asset management maturity and embed continuous improvement. Partner with professional bodies to co-develop national guidance, build communities of practice, and align with public value. Building a Resilient Future Built to Last affirms what asset management professionals have long known: our infrastructure future depends on people, capability, and culture. 'We thank the Helen Clark Foundation and WSP for their leadership in advancing this critical conversation,' says Murray Pugh. 'The time to act is now – together, we can support competent and capable asset management professionals to deliver enduring public value from our infrastructure assets.'
Scoop
5 days ago
- Business
- Scoop
Āpōpō Welcomes ‘Built To Last' Report As Mandate To Strengthen Aotearoa's Infrastructure Asset Management System
Press Release – Apopo The reports emphasis on sustainability, stewardship, equity, and system reform aligns directly with pps purpose: to enhance the capability of asset management professionals for Aotearoa New Zealand through education, accreditation, guidance, … Te Whanganui-a-Tara | Wellington – Āpōpō – Infrastructure Asset Management Professionals, Aotearoa New Zealand's lead association for asset management professionals, welcomes the Built to Last report released by the Helen Clark Foundation and WSP as a timely and compelling call to invest in the long-term resilience of the nation's infrastructure. The report's emphasis on sustainability, stewardship, equity, and system reform aligns directly with Āpōpō's purpose: to enhance the capability of asset management professionals for Aotearoa New Zealand through education, accreditation, guidance, and thought leadership. Supporting a Future-Ready Workforce Āpōpō strongly endorses all seven recommendations made in the report – particularly Recommendation 4: Increase Asset Management Workforce Capability. With 99% of infrastructure already in place (Te Waihanga 2024), and future investment expected to prioritise maintenance and renewal, effective asset management is more critical than ever. Skilled knowledgeable professionals are needed now and in the future to take responsibility for delivering that effective asset management. New Zealand does not have sufficient capability in asset management to ensure we are realising all the economic, environmental, social and cultural value from our past current and future investments in infrastructure. 'Meeting these challenges requires more than money – it requires a shift to long-term, integrated thinking to deliver the competency and capacity in asset management that we require,' says Murray Pugh, Āpōpō Chief Executive. 'Asset management must be recognised as an essential discipline that safeguards intergenerational wellbeing, and this must be supported by formal education and certification pathways to ensure credible practitioners are added to the profession.' Āpōpō is already leading this shift. Through nationally recognised learning pathways, credentials, and technical guidance, the organisation is upskilling professionals across central and local government, the private sector, and community organisations. Its Professional Practice Accreditation Scheme – aligned with the Global Certification Scheme (GCS) of the World Partners in Asset Management – (WPiAM), offers recognition for practitioners at two levels: Asset Management Associate (AMA) and Asset Management Chartered Professional (AMCP). Underpinned by Āpōpō's Competency Framework, which integrates international standards (GFMAM) and ISO, the Pou Herenga model of culturally grounded practice, this scheme is building a skilled, knowledgeable, and ethical asset management workforce for the future. Strengthening Organisations and System Leadership Āpōpō is preparing an Organisational Accreditation programme to help lift asset management maturity at a system level. The initiative will recognise public and private infrastructure asset owning organisations for demonstrating excellence in asset governance, planning, continuous improvement, stakeholder engagement, and value realisation. Additionally, Āpōpō co-convenes with Te Waihanga – New Zealand Infrastructure Commission, the Central Government Asset Management Community of Practice. This collaboration provides a platform for asset owning agencies to share challenges and coordinate efforts for better outcomes. Embedding Long-Termism and Te ao Māori Values The HCF and WSP report highlights the tension between short-term political cycles and the long-term nature of infrastructure decisions. Āpōpō advocates for systems thinking, where infrastructure planning and asset management are grounded in wellbeing, resilience, and intergenerational equity. Āpōpō's work draws on global frameworks and adapts them to Aotearoa's unique context. Te ao Māori principles are woven throughout guidance and professional standards (such as the next generation authoritative Āpōpō Guide and the Infrastructure Valuation and Depreciation Guidelines), reinforcing stewardship and interconnectedness for delivering value that benefits all communities. The 2024 Āpōpō Supreme Award for Asset Management Excellence went to Nelson City Council for its Kaupapa Māori Asset Management Framework – an iwi-led, values-driven approach that exemplifies the future of asset management in Aotearoa. Built to Last recognises this project as a national exemplar. Professionalising the System Āpōpō calls on central government to take immediate action to support the professionalisation of the sector: Recognise Āpōpō's accreditation schemes within the public sector capability framework. Invest in professional development and an education-to-employment talent pipeline. Support organisational accreditation to lift asset management maturity and embed continuous improvement. Partner with professional bodies to co-develop national guidance, build communities of practice, and align with public value. Building a Resilient Future Built to Last affirms what asset management professionals have long known: our infrastructure future depends on people, capability, and culture. 'We thank the Helen Clark Foundation and WSP for their leadership in advancing this critical conversation,' says Murray Pugh. 'The time to act is now – together, we can support competent and capable asset management professionals to deliver enduring public value from our infrastructure assets.'
Scoop
5 days ago
- Business
- Scoop
Āpōpō Welcomes ‘Built To Last' Report As Mandate To Strengthen Aotearoa's Infrastructure Asset Management System
Te Whanganui-a-Tara | Wellington – Āpōpō - Infrastructure Asset Management Professionals, Aotearoa New Zealand's lead association for asset management professionals, welcomes the Built to Last report released by the Helen Clark Foundation and WSP as a timely and compelling call to invest in the long-term resilience of the nation's infrastructure. The report's emphasis on sustainability, stewardship, equity, and system reform aligns directly with Āpōpō's purpose: to enhance the capability of asset management professionals for Aotearoa New Zealand through education, accreditation, guidance, and thought leadership. Supporting a Future-Ready Workforce Āpōpō strongly endorses all seven recommendations made in the report - particularly Recommendation 4: Increase Asset Management Workforce Capability. With 99% of infrastructure already in place (Te Waihanga 2024), and future investment expected to prioritise maintenance and renewal, effective asset management is more critical than ever. Skilled knowledgeable professionals are needed now and in the future to take responsibility for delivering that effective asset management. New Zealand does not have sufficient capability in asset management to ensure we are realising all the economic, environmental, social and cultural value from our past current and future investments in infrastructure. "Meeting these challenges requires more than money - it requires a shift to long-term, integrated thinking to deliver the competency and capacity in asset management that we require," says Murray Pugh, Āpōpō Chief Executive. "Asset management must be recognised as an essential discipline that safeguards intergenerational wellbeing, and this must be supported by formal education and certification pathways to ensure credible practitioners are added to the profession." Āpōpō is already leading this shift. Through nationally recognised learning pathways, credentials, and technical guidance, the organisation is upskilling professionals across central and local government, the private sector, and community organisations. Its Professional Practice Accreditation Scheme - aligned with the Global Certification Scheme (GCS) of the World Partners in Asset Management – (WPiAM), offers recognition for practitioners at two levels: Asset Management Associate (AMA) and Asset Management Chartered Professional (AMCP). Underpinned by Āpōpō's Competency Framework, which integrates international standards (GFMAM) and ISO, the Pou Herenga model of culturally grounded practice, this scheme is building a skilled, knowledgeable, and ethical asset management workforce for the future. Strengthening Organisations and System Leadership Āpōpō is preparing an Organisational Accreditation programme to help lift asset management maturity at a system level. The initiative will recognise public and private infrastructure asset owning organisations for demonstrating excellence in asset governance, planning, continuous improvement, stakeholder engagement, and value realisation. Additionally, Āpōpō co-convenes with Te Waihanga – New Zealand Infrastructure Commission, the Central Government Asset Management Community of Practice. This collaboration provides a platform for asset owning agencies to share challenges and coordinate efforts for better outcomes. Embedding Long-Termism and Te ao Māori Values The HCF and WSP report highlights the tension between short-term political cycles and the long-term nature of infrastructure decisions. Āpōpō advocates for systems thinking, where infrastructure planning and asset management are grounded in wellbeing, resilience, and intergenerational equity. Āpōpō's work draws on global frameworks and adapts them to Aotearoa's unique context. Te ao Māori principles are woven throughout guidance and professional standards (such as the next generation authoritative Āpōpō Guide and the Infrastructure Valuation and Depreciation Guidelines), reinforcing stewardship and interconnectedness for delivering value that benefits all communities. The 2024 Āpōpō Supreme Award for Asset Management Excellence went to Nelson City Council for its Kaupapa Māori Asset Management Framework - an iwi-led, values-driven approach that exemplifies the future of asset management in Aotearoa. Built to Last recognises this project as a national exemplar. Professionalising the System Āpōpō calls on central government to take immediate action to support the professionalisation of the sector: Recognise Āpōpō's accreditation schemes within the public sector capability framework. Invest in professional development and an education-to-employment talent pipeline. Support organisational accreditation to lift asset management maturity and embed continuous improvement. Partner with professional bodies to co-develop national guidance, build communities of practice, and align with public value. Building a Resilient Future Built to Last affirms what asset management professionals have long known: our infrastructure future depends on people, capability, and culture. 'We thank the Helen Clark Foundation and WSP for their leadership in advancing this critical conversation,' says Murray Pugh. 'The time to act is now - together, we can support competent and capable asset management professionals to deliver enduring public value from our infrastructure assets.'
Yahoo
21-05-2025
- Business
- Yahoo
Vanguard Releases New Book on Forces Shaping the Future Global Economy
Coming Into View: How AI and Other Megatrends Will Shape Your Investments VALLEY FORGE, Pa., May 21, 2025 /PRNewswire/ -- Vanguard today announced the release of a new book, Coming into View, that introduces a groundbreaking, quantitative method in assessing the impact of megatrends on the global economy. The book offers bold new perspectives on the effects of AI, deficits, and demographic shifts for investors, financial advisors, and business leaders. Author Joseph H. Davis, Ph D., Vanguard's Global Chief Economist and Global Head of Vanguard's Investment Strategy Group, also delves into strategies for optimizing portfolios to navigate these economic and market scenarios. "Coming Into View challenges the conventional belief of the U.S. economy held by economists, government, leading institutions and central banks," said Davis, Global Chief Economist and Global Head of Investment Strategy Group. "Whether the effects of artificial intelligence on productivity prevail, or fiscal deficits continue to dominate, there is an 80 percent likelihood our economic and financial future looks fundamentally different going forward." Coming Into View Based on decades of research from the Vanguard Investment Strategy Group, Coming Into View illustrates how the potential of artificial intelligence and technological progress could counteract the significant challenges posed by declining population growth, increasing geopolitical and trade tensions, and mounting national debt, ultimately reshaping the economy in ways that traditional thinking often fail to capture. "The U.S. economy's coming decade will be shaped by a tug-of-war between artificial intelligence (AI) and demographics-driven deficits," said Mr. Davis. "The victor—and its margin of victory—will determine the future for growth, inflation, interest rates, and the stock market." The book offers actionable insights for investors to help them make sense of the broad social and economic megatrends: Effective strategies for investors attempting to prepare for the most likely economic possibilities. New data and models to better quantify the impact of economic forces and uncover the risks of relying on consensus assumptions. Techniques to avoid common investment mistakes in times of economic change, such as doubling down on technology stocks, or avoiding certain types of investments. Guiding investing principles to help achieve greater financial returns, on a risk-adjusted basis. Coming into View is available for purchase online at all major retailers and will hit shelves May 28. The book comes on the heels of Vanguard's recent 50th anniversary. More information on Vanguard research and analysis on megatrends can be found here. Endorsements from Industry Leaders Jim Collins, author of Good to Great and co-author of Built to Last:"I enthusiastically welcome the arrival of Joseph Davis' marvelously insightful book. He extends the timeless wisdom of Jack Bogle into our new world that's being reshaped by AI and other transformative forces. We must adjust our investment thinking, yet we must also adhere to timeless fundamentals. Coming Into View delivers brilliantly on both, making it the back to the future investment book of our time." Azeem Azhar, Founder, Exponential View:"Joseph Davis masterfully reveals how the tug-of-war between AI and innovation and fiscal deficits will reshape our economic future. Drawing on centuries of data, Davis offers a nuanced view providing investors with scenarios that illuminate both risks and opportunities. This is essential reading for anyone seeking to understand – and profit from—the profound economic transformation already underway." Burton G. Malkiel, author of A Random Walk Down Wall Street:"In this engagingly written investment guide, Joseph Davis reminds us that while the status quo is unlikely to continue, no one can accurately predict the future. But current valuations and basic forces such as demography and technology suggest possible future scenarios on which investors can assign probabilities and align their portfolios for success whatever the future holds. Following the Davis advice can make all of us better investors." About Vanguard Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe - directly, through workplace plans, and through financial intermediaries. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit All investing is subject to risk, including the possible loss of the money you invest. Be aware that fluctuations in the financial markets and other factors may cause declines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss. Investments in bonds are subject to interest rate, credit, and inflation risk. Investments in stocks or bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk. These risks are especially high in emerging markets. © 2025 The Vanguard Group, Inc. All rights reserved. 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Axios
07-05-2025
- General
- Axios
Chilly Water's Built to Last pilsner doesn't disappoint
This week, we're bringing you a local beer rec for those times when you need something to depend on. Brew of the week: Built to Last, a delightfully straightforward German pilsner from Chilly Water Brewing Company. 4.7% ABV $6.50 for 16oz on tap I picked up a four-pack from Carmel's Niemann Harvest Market for $11. 💭 My thought bubble: Like the name suggests, this is a beer that won't let you down. Built to Last is light, refreshing and agreeable. Even if you don't absolutely love it, it's extremely hard to not like it. This beer also made me hungry, but in a good way. The crisp, clean flavor profile makes it the perfect partner for burgers and brats — something I've tested at length. The intrigue: Today is Bluegrass Jam Session day Chilly Water, an acoustic bash that goes down the first Tuesday of every month at 7pm. If you go: 719 Virginia Ave.
