- Optimising the Māori in Māori Economic Development
A recently released documentary on our Media Centre looks at the challenges Māori face in carrying out and embarking on economic development and balancing modern economic 'fundamentals', with ideas and principles that are at the core of being Māori.
From a iwi, hapū and whānau perspective the goal with any development is to ensure quality social and environmental outcomes for future generations. But in the face of a modern world demanding 'return on equity' and cost-benefit analysis on every project - this becomes a challenge.
This project has allowed the team to develop ways to make decisions on collective tribal assets, which addressed economic fundamentals but within a tikanga Māori framework - and by using kaupapa Māori-based decision tools that are driven by core Māori values like kaitiakitanga (sustainable resource management), manaakitanga (generosity) and whakatipu rawa (growing the asset base).
These values become a key starting point for decision making and underpin all subsequent decisions moving forward. They fill a gap by going beyond a busines as as usual approach to modelling Māori values - and delivering these values at the foundation of all collective asset planning for a community.
The project outlines how to implement this te ao Māori approach into future economic decision making on collective assets.