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Alumni Newsletter

 

Second Quarter 2011

 
 

WELCOME TO THE BDO ALUMNI

Greetings to readers of the first-edition BDO Alumni e-Newsletter, a quarterly update containing firm news, ‘alumni in the spotlight’ and a job board.

Our vision is to become one of the best corporate alumni programmes in the professional services. And, our aim is to promote and foster a dynamic and interactive community by keeping our alumni informed.

BDO New Zealand will also host an Annual BDO Alumni event - both in New Zealand and in London. This year we hope to hold our BDO New Zealand Alumni event for internationally based Alumni members in London during October. David O’Connor, BDO New Zealand Liaison Partner and Senior Audit Partner in Auckland will be chairing the event – and we have a very inspirational guest speaker so expect a great night! We would love to see you there; please register early expressions of interest by emailing us at info@bdo.co.nz.

This first edition contains updates on the launch of our new BDO New Zealand Facebook Page, insights into how BDO Waikato won the Waikato Sustainable Business Network Awards 2010 and our ‘Alumni in the Spotlight’ profiles Stacey Croucher.

We do hope you find this e-Newsletter useful and interesting. Please contact us on info@bdo.co.nz if you have any news you would like to share in the next issue.
 

Best wishes
Debra Ryan
National HR Manager
 

To refer any other BDO Alumni to the newsletter please direct them to the BDO Alumni webpage to sign up.
To unsubscribe from the newsletter, you can also do so the BDO Alumni webpage.

FIRM NEWS AND UPDATES

BDO New Zealand is delighted to announce the recent launch of our Facebook Page. To achieve our aspirations for continued growth we need to be communicating what we do, who we serve and demonstrating our ability to a wider audience. We see the BDO New Zealand Facebook page as helping us carry our brand and values to a wider audience, while acting as a social recruitment tool by engaging the right people and connecting with top talent.

Interesting Social Media Stats:
• +600 million using Facebook
• +100 million using LinkedIn
• Estimated at +200 million using Twitter
• 60% of jobs come from Networking
• 80% of companies use social media for recruitment
• Social Networking is growing 10% faster than email
• 96% of Gen Y have joined a social network
• 2.3 Million New Zealanders use social networking sites – 72% of those are on Facebook
• 57% of New Zealand consumers feel better served by socially engaged companies
 

Check out our BDO New Zealand Facebook Page at www.facebook/bdonewzealand.

Check out this Social Media Revolution Youtube clip. The statistics will amaze you.

LEADING NEW ZEALAND IN WORKPLACE PRACTICES

BDO’s regional offices are national role models of excellence in workplace practices with two offices winning national awards over the past two years.

BDO Waikato was crowned Emerging Large Business at the Waikato Sustainable Business Network Awards 2010 and BDO Taranaki won the Equal Employment Opportunities (EEO) Trust Work and Life Awards in 2009. For both, their award-winning ways are a way of operating.

As BDO Waikato managing partner, Bernard Lamusse, says they see sustainability as a holistic practice that extends to all areas of their business from achieving 100% paper-free office to flexible workplace practices.

“Certainly we are always looking into new ways of helping the environment. But being a sustainable business is not just about reducing your environmental impact. Sustainability is about people, products, places and profits.

“One of the key areas in achieving a sustainable business is to ensure that staff have a good work-life balance and we do this is by operating a "time bank" system.”

This time bank allows staff to manage their hours like a bank account. At certain times of the year staff need to work extra hours in order to service clients, hours which are deposited into the bank. When they are not busy, or need time off, they can use the ‘credit’ hours in their time banl account.

“This enables staff to attend events such as children's school activities, and achieve that work-life balance,” says Bernard.

To read more visit the BDO Waikato webpage.
 
Similarly for BDO Taranaki, its award-winning workplace is based on ground-breaking flexibility practices that allow staff to work where and when they want provided their colleagues and clients are not inconvenienced.

As practice manager Margaret Doyle says, “We have one woman who goes home in the afternoon to milk the cows and works from home after that. Then there’s a Dad who works four days a week so he can spend more time with his children. People play sport in the middle of the day.”

So after 20 years of evolutionary change from a command-and-control system of hierarchies and silos to a flat, self-management structure supported by flexible hours and job-sharing systems, the culture is now rock solid. Staff turnover over is less than 11% (the average for cities is around 30%) and there is always a waiting list of quality professionals hoping to get in.

“We haven’t advertised for years,” says Margaret. ”People just wait until a position comes up.”
Increased productivity and reduced staff turnover are the main benefits of this high level of flexibility. “If people can choose when they work, they will work when they are most productive. There's no need for clock-watching. We promote positivity and a general respect for each other. To be successful, we need full flexibility, honesty and commitment by all staff. The core value of our organisation is complete trust."

To read more visit the BDO Taranaki webpage.

ALUMNI IN THE SPOTLIGHT

Every issue we will be profiling an Alumni Member who is accomplishing great things locally or around the world and credits BDO for helping them get there.

If you would like to be profiled or know an Alumni member who would be great to profile, we would love to hear from you. Please email us at info@bdo.co.nz.

This issue we are profiling Stacey Croucher a former BDO Auckland staff member who started with us as a Graduate and left for London as a Senior Auditor.

What have you been doing since you left BDO?
Loads, but I seem to keep coming back in some way shape or form! Having left only partly qualified in 2002 I did my 2 years in London on a working holiday visa, mostly travelling rather than any kind of career development. I always secretly hoped to come back to BDO to finish my qualification and luckily they were happy to have me back. After becoming a CA in 2006 I headed back to the UK to continue the travelling (and to follow my soon-to-be husband). I managed to land what could be considered every girl’s dream job working for a premium chocolate company. I was Supply Chain Finance Manager at Green & Black’s (undoubtedly THE best tasting and THE coolest chocolate brand in the world) in London for 3 years before becoming the Global Finance Controller of the brand in 2009 until my return to the land of the long white cloud in late 2010.

What skills and knowledge did you learn at BDO that have helped your career?
My 4 years at BDO taught me everything I needed to feel fully grounded in the commercial world. Having been an auditor for those 4 years I had exposure to many different businesses, from manufacturing, retail and financial services to public sector, and not only the financials but also what makes them tick. I also managed to get a 4 month secondment to New York which broadened my business understanding on a global basis. The communication skills I developed building key relationships with clients, peers, managers as well as Partners definitely helped to develop my strong character and personality that has got me to where I am today. People skills are hugely important and audit in particular at BDO is great at exposing you to that.

What are you up to now?
I arrived back in NZ in October when my luck continued and I am now Finance Manager for Ecoya, again a girl’s dream job working for a gorgeous candle company that also has the Trilogy skincare brand within their portfolio. The company is the perfect blend of what I enjoy about business. It’s listed on the NZX yet has a real kiwi entrepreneurial spirit and a team with a heap of passion - to make beautiful and stylish products, as well as establishing a cool brand - and succeeds in doing both. Because the company is growing so fast I have exposure to all facets of the business, from statutory reporting to commercial business partnering, and supply chain finance. It’s great!


Debra Ryan - National HR Manager, BDO New Zealand
Email: debra.ryan@bdo.co.nz, Phone: +64 9 379 295