Foreword

Regulation is central to much of what MBIE does and good regulatory practice is a priority for me.

We need to make sure our regulatory systems work well for the communities, people, and businesses we serve today, and for future generations. Being an effective steward of these systems is the cornerstone of how we do this.

Kia ora,

I am pleased to present MBIE’s 2023 Regulatory Systems Stewardship Strategy. This is an important document that signals our organisational commitment to improving how we steward our regulatory systems. Our goal is to extend and deepen our regulatory stewardship capability so that we can better support the safety, growth, and sustainability of Aotearoa New Zealand’s communities, people, and businesses.

The majority of our people at MBIE are involved in either shaping policy for regulation, designing it, delivering services as part of a regulatory system, ensuring people comply, or assessing its impact. When we do this well, New Zealanders benefit.

Since launching our first strategy in 2017, we’ve made significant progress, despite the challenges recent years have presented for creating momentum across MBIE. We also recognise that we’ve got some way to go before all our regulatory systems operate with a consistent stewardship mindset.

Our regulatory obligations are reflected in MBIE’s core values, so that we strive to:

• Pono me te tika – take responsibility collectively to do things from a system perspective
• Mahi tahi – work together to achieve good outcomes for systems – sharing accountabilities and knowledge, and respecting and partnering with others
• Pae kahurangi – be future-focused and proactive – learning and listening to ensure relevance and protect what is precious for future generations
• Māia – have the courage to do things differently. This includes having challenging conversations within and outside MBIE about what good regulatory stewardship means for our priorities and ways of working.

This 2023-2028 strategy not only builds on the work that’s underway, but also extends our ambition, based on the lessons we’ve learnt since 2017. The strategy directs our focus over the next five years so that, by working with our partner organisations, our regulatory systems deliver increasing benefits for all New Zealanders.

Our success will require a shared commitment across our organisation and beyond. I look forward to taking the next steps on this journey with you.

In doing this, I encourage all of us to consider what regulatory stewardship means for us in our different roles, so that we can maximise the benefits of the scale and scope of MBIE to realise the potential of the organisation.

Carolyn Tremain
Te Tumu Whakarae mō Hikina Whakatutuki
Secretary for Business, Innovation and Employment and Chief Executive

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