Post by Kiwi Frontline on Feb 20, 2020 12:42:46 GMT 12
HOW THE MANAGEMENT OF MONETARY POLICY (AND OTHER RBNZ ACTIVITIES) ARE BEING STEEPED IN MAORI MYTHOLOGY
Acculturation – the cultural modification of an individual, group, or people by adapting to or borrowing traits from another culture or a merging of cultures – is increasingly evident in this country’s public agencies.
The Reserve Bank of New Zealand has not escaped the process.
In July 2018, soon after Adrian Orr became the governor, the Otago Daily Times reported the new head of the country’s august central bank was planning to shift the mindset of the institution towards better embracing the rich cultural diversity of the country.
Since he had taken up the post (the ODT reported)
… phrases like tikanga Maori and te reo have begun to feature prominently on its priority list.
And:
Under his watch, the bank’s Statement of Intent, where it sets out its strategic objectives to the Government for the next four years, highlights its intent to embed te reo and tikanga Maori into the culture of the bank.
“This is the first time we have got it up in bold lights as part of one of our key priorities,” Mr Orr explained.
“The reason we are embracing the wider tikanga Maori is simply that diversity and inclusiveness are a very, very key part of a successful organisation, and why not start with tangata whenua around thinking of diversity? At the very most basic level we have a clear obligation from the Treaty of Waitangi.”
Orr was then mulling over how to tell the story of central bank’s place in the country’s financial ecosystem “in a more holistic way”.
More particularly, he was likening the central bank to the Māori god of forests and of birds.
He sees the bank as Tane Mahuta, the tall, strong tree that separates Rangi-nui and Papa-tua-nuku, with the strong roots of its balance sheet and legislation giving it operational independence and with the money that it creates represented in the pure sap that flows through the tree. The big branches are the banks it supports with its sap.
There are many more metaphors which can be drawn out and a whole of bank working group, from the roots to the top of the tree, is looking at the Tane-mahuta example to see if it is a good fit for the central bank to communicate its story. Mr Orr says he would love it to be part of the bank’s branding in the future.”It’s early days but it is resonating very strongly.
Orr didn’t mull for long. A month or so later the RBNZ published......
Continue reading here > pointofordernz.wordpress.com/2020/02/19/how-the-management-of-monetary-policy-and-other-rbnz-activities-are-being-steeped-in-maori-mythology/
Acculturation – the cultural modification of an individual, group, or people by adapting to or borrowing traits from another culture or a merging of cultures – is increasingly evident in this country’s public agencies.
The Reserve Bank of New Zealand has not escaped the process.
In July 2018, soon after Adrian Orr became the governor, the Otago Daily Times reported the new head of the country’s august central bank was planning to shift the mindset of the institution towards better embracing the rich cultural diversity of the country.
Since he had taken up the post (the ODT reported)
… phrases like tikanga Maori and te reo have begun to feature prominently on its priority list.
And:
Under his watch, the bank’s Statement of Intent, where it sets out its strategic objectives to the Government for the next four years, highlights its intent to embed te reo and tikanga Maori into the culture of the bank.
“This is the first time we have got it up in bold lights as part of one of our key priorities,” Mr Orr explained.
“The reason we are embracing the wider tikanga Maori is simply that diversity and inclusiveness are a very, very key part of a successful organisation, and why not start with tangata whenua around thinking of diversity? At the very most basic level we have a clear obligation from the Treaty of Waitangi.”
Orr was then mulling over how to tell the story of central bank’s place in the country’s financial ecosystem “in a more holistic way”.
More particularly, he was likening the central bank to the Māori god of forests and of birds.
He sees the bank as Tane Mahuta, the tall, strong tree that separates Rangi-nui and Papa-tua-nuku, with the strong roots of its balance sheet and legislation giving it operational independence and with the money that it creates represented in the pure sap that flows through the tree. The big branches are the banks it supports with its sap.
There are many more metaphors which can be drawn out and a whole of bank working group, from the roots to the top of the tree, is looking at the Tane-mahuta example to see if it is a good fit for the central bank to communicate its story. Mr Orr says he would love it to be part of the bank’s branding in the future.”It’s early days but it is resonating very strongly.
Orr didn’t mull for long. A month or so later the RBNZ published......
Continue reading here > pointofordernz.wordpress.com/2020/02/19/how-the-management-of-monetary-policy-and-other-rbnz-activities-are-being-steeped-in-maori-mythology/