Commercialism is our tradition. Hapū and whānau have always been entrepreneurial traders. From the pounamu trails, our international trading of flax and crops and the flour mills we owned in the 1850’s, through to our current commercial pursuits, it is no secret that hapū and Iwi were the economy. Once the powerhouse of the early settler state, our subsequent economic strength has been whittled away.
However history is again turning and through successful whānau entrepreneurs, SME owners, Māori land trusts and Iwi gaining significant capital injections, the Iwi Māori economy is increasingly assuming a place of strength and influence in the New Zealand economy.
21st century commercialism is important. Iwi Māori commercialism seeks to balance:
- generating revenue to fund tribal programmes that contribute to the kaupapa,
- reasserting our place in our ancestral landscapes,
- living our values, vision and priorities.
Keep the Financial Engine on the Kaupapa
Models for Contributing to the Kaupapa
- Simple Financial Contribution
- Financial Contribution and Identified ‘No-Go’ Areas for Investment
- Financial Contribution, Identified ‘No-Go’ Areas for Investment and Positive Contributions to Kaupapa
- Financial Contribution and Positive Contributions to Kaupapa Values and Priorities
Kaupapa principles and policies that can help include;
Screening out investment that is inconsistent with kaupapa values, visions and priorities.
Kaupapa Outcome Targets (Goals)
Tools to help organisations develop specific targets according to their traditions, values and vision.
- Indexes and Accreditation Frameworks
- Asset Allocation Framework
- Feasibility Studies and Business Plans
- Planning Processes
- Impact Reporting
Multipliers Within Tribal and Māori Economies
The local multiplier tool measures how much monetary benefit is circulated and recycled within a community. Using a multiplier assessment can help identify how much they are contributing to local economic growth.
Multiple Bottom Line Evaluation
The ‘triple/quadruple bottom line’ applied to a kaupapa Māori framework.
Trade Off Modelling
Reconcile competing values and priorities between kaupapa values and profit.