Maori Values And Culture In Realion To Businesses

The Māori organizations have multiple purposes, which also means they are not set up to make much of a profit. Most of the people have to balance between being financially stable with social and cultural aspirations of the owners as their main priority. Many organizations trade commercially and compare themselves against the economic indicators, wealth creation is not as an in itself. Most Māori businesses work with a set of rules that differentiates them to other businesses, who only focus on producing profits for the shareholders or owners respectively. These values include

1. Ngā matatini Māori. This respective principle acknowledges a wide range of way the Māori may or may not express their identities as Māori in relation to businesses.
2. Kotahitanga. The principle refers to making decisions by a Māori to classify and work as Māori in association with Māori for the betterment of Māori development.
3. Tino rangatiratanga. This specific principle relates to one’s will power, ownership and control whether it may be personal or by whānau, hapū, iwi, or collective. It can also bar referred to as the motivational element of a business.
4. Whanaungatanga. This principle notices the importance of networks, relationships and therefore is focused on developing and working with others to achieve goals using relationship strategies as the tuakana-teina.
5. Kaitiakitanga. This principle is about being responsible in managing the environment and the sustainable enterprise. Some of the responsibilities are to take care of the assets for future generations, as opposed to ownership and the right to divest assets.
6. Wairuatanga. This principle is about the attention and resources that committed to ensuring that spiritual protocols are observed, such as in the construction and the inaugurations of new buildings, in everyday functions in the organization and in relationships with others. The services of kaumātua and or tohunga may be engaged to guide the spiritual operation of the organization.
7. Manaakitanga. A group or an organization that should be able to hoard and provide for the people appropriately. Resources must be allocated for this purpose. Hosting usually involves larger sized groups go owners and visitors. Whānau may also be expected to support this function.
8. Tuhono. This principle supports the holistic or ‘multiple bottom line’ approach: profit-related and the socially-oriented goals can be combined together.
9. Puawaitanga. This principle keeps in track of the success against many outcomes, such as financial outcomes and more.
10. Purotu. This keeps present and future generations accountable and responsible of the Māori organizations.
11. Kaitiakitanga. The practice of guardianship, particularly natural resources such as land, sea and waterways; also, the fauna and flora, includes people of Māori. All the elements of the natural environment. It is a required to value the sustainability and the environmental protection. As kaitiaki or guardians, the owners or trustees of variable enterprises are in charge of protecting and growing their resources for future generation. Not just for short-germ or individual profit.
12. Rangatiratanga. The exercise of authority, guidance, leadership and ownership rights; focused on the utilization, resource production and the managing of current and future requirements. This includes strategical development and oversight, relationship development and the maintenance, problem-solving, peace-making, conflict resolution, adaptation, risk analytics and the management.