Why hasn't Fonterra worked?

Created in 2001, Fonterra was heralded as a ‘breakthrough idea’ meant to help New Zealand ‘catch the knowledge wave’. 14 years on, there’s been no economic transformation, writes Tony Baldwin.

TGD: Hooray Henry? No, there's plenty still to do

Right off, Sir Henry van der Heyden and I put our lists on the table in the boardroom of Tainui Group Holdings in Hamilton. Mine comprised typed reminders to ask him – things like, «What were you thinking being a stock exchange director when your Fonterra farmers were beating their co-operative chests?», and, «Did you […]