"Call Sue or Jeremy..."
Partners Jeremy Mace and Sue Blanchett have a great outlook on life. And a vision. To provide the best small business accounting and taxation business service to the self employed and business elite on the Coromandel.
From left to right...
Vonny Marsh our office manager. Christine Soffe, Accountant. Jeremy Mace, Principal and Director. Sue Blanchett, Principal and Director and Karyn Baker, Accountant
JEREMY D. MACE DIRECTORACCOUNTANT AND YACHTSMAN
What could business leaders learn from a yacht captain? Plenty, in my experience. After 47 years of yacht racing, cruising in NZ and offshore this is what I have gleaned from working on boats with sailors of all levels and businesspeople at the business workface.
A yacht captain assesses risk many times a day – in going in and out of port, navigating, and in sending someone up the mast. Similarly, in business, you must consider the risk attached to various actions without being paralysed by it. A ship has to sail and a crew needs to trust the decisions made by the captain.
A captain takes full responsibility for his vessel in the eyes of the law, the insurers and the crew. Even if a task is performed by a crew member, the captain is liable. The same should be true of a business owner. Take responsibility, but trust in those around you to act in good faith even though it’s not their neck on the line. Yacht captains do that all the time and it makes the bonds formed between a crew and captain that much stronger.
Yacht captains must consider their surroundings all the time, consulting weather conditions and forecasts and making decisions based on a number of factors. They will take all available advice before deciding on a course of action, which everyone must go with and trust is the correct call. As a business owner, do you influence your team? Do you take the time to look at your environment and consider it in your decision-making? A personal anecdote illustrates this point. In Fiji we dragged our anchor one night in a storm and were in serious danger of wrecking our boat or colliding with someone else’s. I started our engine and we put to sea, giving ourselves space and time to consider our options. In a storm it is often safer to be out at sea where you have the space you need to make effective decisions. Management must set protocols and guidelines to assist with their decisions.