Chatham Islands Enterprise TrustStrategic Plan 20091

Chatham

Islands

Enterprise

Trust

Strategic

Plan

August 2009

Chatham Islands Enterprise TrustStrategic Plan 20092

Contents

Page

Introduction 3

Trust vision 4

Trust values 5

Current organisation structure 6

Stakeholders 7

Strategic position 8

Objectives of the Trust Deed 9

Strategic Plan Summary 11

Strengths, Weaknesses, Opportunities, Threats 12

Trust strategic activity 13

A. Organisational 13

B. Economic development 17

Trading Company Business Plans 19

Chatham Island Airport Ltd 19

Chatham Island Electricity Ltd 20

Chatham Island Ports Limited 21

Chatham Island Forestry Limited 22

Chatham Island Quota Limited 23

Chatham Island Management 24

Chatham Islands Enterprise TrustStrategic Plan 20093

Introduction

This strategic plan presents the five year strategic intent of the ChathamIslands Enterprise Trust (“the Trust”) and its group of trading companies. The structure of this document is a strategic vision and program summary followed by a brief strategic program for each trading company. Detailedcompany strategic plans and business plans are in the process of being developed A standard strategic plan would consider an in depth analysis of the history of the Trust, a Political, Economic, Social and Technology analysis(“PEST”). This strategic plan does not attempt to undertake a currentpositional analysis but refers readers to various expert reports that haveanalysed the Island situation and also the position of the Trust on theIsland:

•

Taylor Baines Chatham Islands Economic Review dated October 2002

•

Taylor Baines Chatham Islands Economic Review (update) datedNovember 2008 The guiding document that governs the Trust is the Trust Deed. The Deedis the founding constitution and single reference point for the organisationand the trading companies that defines the organisation and why it exists. The Deed describes the core areas of business interest, the way the Trust will support the island community and industry sectors. The document alsosets out the governance processes to be followed. The strategic plan is structured to have little commentary but list intendedstrategic actions to be adopted by the Trustees. The planning process todate has involved the following steps:1.

Attendance by Trustees, Directors and Staff at corporategovernance training 2. Initial drafting of planning document3. Strategic planning workshop (weekend in March 2009)4. Companies develop strategic plans based on overall framework and develop 2010 business plansNext steps to finalise this strategic plan include:1.

Publication of document for Chatham Island resident comment2.

Community workshop to receive feedback regarding strategicproposals3.

Community feedback and company strategic plans considered by Trustees and the 2009 / 2010 plan finalised4.

Business plan finalised for 2009 / 2010 (to be reviewed quarterly at Trust meetings) and actual performance assessed against business plan