Kaitiakitanga
Developing a business plan
Develop a plan around who will do what to achieve the strategic outcomes for the whenua, and how you will measure success.
What is a business plan?
A business plan outlines what needs to happen in the short term to help achieve your long term goals for the whenua.
Creating a business plan
A balanced scorecard is one way to do a simple, shareable business plan.
Assigning roles and tasks
Trusts and Māori incorporations can assign roles or tasks to trustees, owners or other stakeholders or hire employees to do the management work.
Monitoring and measuring success
Work out how to measure the success of your mahi, then monitor it to make sure it's on track to meet your goals.
Developing an Investment Policy Statement
If there's money coming into your trust, you should define how it will be used, shared or invested.