Company and entity performance advice | The Treasury New Zealand

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pre-content" role="region" aria-label="Pre-content"> <div class="site__inner container"> <div class="site__row row"> <div class="region region-pre-content"> <section id="block-tsy-theme-pagetitle-4" class="node__title block block-core block-page-title-block clearfix"> <h1 class="page-header mb-0"> <span>Company and entity performance advice</span> </h1> </section> </div> </div> </div> </div> <div class="site content"> <div class="site__inner container"> <div class="site__row row"> <div class="site__content col-12 has-sidebar" id="content"> <div class="region region-content"> <div data-drupal-messages-fallback class="hidden"></div> <section id="block-tsy-theme-better-social-sharing-buttons" class="block block-better-social-sharing-buttons block-social-sharing-buttons-block clearfix"> <div style="display: none"><link rel="preload" href="/modules/contrib/better_social_sharing_buttons/assets/dist/sprites/social-icons--no-color.svg" as="image" type="image/svg+xml" crossorigin="anonymous" 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of the portfolio</h3> <p>Information on each type of company and entity for which the Treasury provides advice is under <a href="/node/1323">Portfolio of companies and entities</a>.</p> <h3 id="why-performance-advice-is-important">Why performance advice is important</h3> <p>Crown-owned companies and entities provide many of the goods and services that New Zealanders use every day.</p> <p>The Treasury advises Ministers on setting expectations for company and entity boards and on their performance, with a focus on enhancing the value of the Crown’s ownership interest. The Treasury also manages the process to appoint directors on behalf of Ministers. Appointing board members with the right skills and assessing performance will help improve the contribution of those companies and entities to well-being and economic efficiency. </p> <p>Learn more about <a href="/node/1314">how Treasury provides performance advice</a>; and <a href="/node/1314#state">how we fit in the broader state sector</a>.</p> <h3 id="board-appointments">Board appointments</h3> <p>The Treasury provides advice to Ministers on board appointments and manages the appointment process. See <a href="/node/1129">Board appointments</a> for more information.</p> <p>Are you interested in being considered for a Crown directorship?</p> <p>We encourage you to <a href="/node/1129">register your details</a> if you have the skills and motivation to contribute to the board of a Crown entity or company.</p></div> </div> </section> <section class="views-element-container promotion promotion--in-this-section prose has-margin-top-double block block-views block-views-blocktsy-sub-menu-pages-block-2 clearfix" id="block-views-block-tsy-sub-menu-pages-block-2"> <h2 class="block-title">In this section</h2> <div><div class="js-view-dom-id-311eaee230f3eb7b0d69bd0cc735091cfabb9e373e852e8eb0916b993ef967e6"> <div> <ul class="list-unstyled container"> <li class="promotion--inner has-border-top row mb-5 pt-4"><h3 class="views-field views-field-title slat__title"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/commercial-portfolio" hreflang="und">Portfolio of companies and entities</a></span></h3><div class="slat__content">The Treasury provides advice to Ministers on the Crown’s ownership interest in companies and entities that are required to operate as commercial businesses or to meet mixed commercial and social objectives.<div class="views-field views-field-view mt-4"><span class="field-content"><div class="js-view-dom-id-cb10229e7b76b2480d84a24062f3cbf099d35026f396e77d0b136c5a0f7931d6"> <div class="item-list container"> <ul class="row"> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/commercial-portfolio/current-directors">Current directors</a></span></div></li> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/company-and-entity-performance-advice/portfolio-companies-and-entities/types-companies-and-entities">Types of companies and entities</a></span></div></li> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/company-and-entity-performance-advice/portfolio-companies-and-entities/independent-oversight-committee">Southern Response Independent Oversight Committee</a></span></div></li> </ul> </div> </div> </span></div><div></div></div></li> <li class="promotion--inner has-border-top row mb-5 pt-4"><h3 class="views-field views-field-title slat__title"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/board-appointments" hreflang="und">Board appointments</a></span></h3><div class="slat__content">Treasury provides advice to Shareholding Ministers and Responsible Ministers on candidates suitable for appointment to the boards of entities.<div class="views-field views-field-view mt-4"><span class="field-content"><div class="js-view-dom-id-48720e9aeb2d719e23f4be9be4ad50dbe28726ec97959fb6f2e973dcb40a809f"> <div class="item-list container"> <ul class="row"> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/board-appointments/what-we-look">What we look for</a></span></div></li> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/board-appointments/application-process">Application process</a></span></div></li> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/board-appointments/terms-appointment">Terms of appointment</a></span></div></li> <li class="col-lg-6"><div class="views-field views-field-title-1"><span class="field-content"><a href="/information-and-services/commercial-portfolio-and-advice/board-appointments/appointment-only-entities">Appointment-only entities</a></span></div></li> </ul> </div> </div> </span></div><div></div></div></li> <li class="promotion--inner has-border-top row mb-5 pt-4"><h3 class="views-field views-field-title slat__title"><span class="field-content"><a href="/information-and-services/company-and-entity-performance-advice/how-treasury-provides-performance-advice" hreflang="und">How the Treasury provides performance advice</a></span></h3><div class="slat__content">Good governance and performance advice matter.<div class="views-field views-field-view mt-4"><span class="field-content"><div class="js-view-dom-id-0a5510c590396031666927456107b18f9993322836506c6f35ea35a202c32b95"> </div> </span></div><div></div></div></li> <li class="promotion--inner has-border-top row mb-5 pt-4"><h3 class="views-field views-field-title slat__title"><span class="field-content"><a 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