NZIM : The index is slipping - What's going wrong?; Management capability is a critical indicator of management performance. And in 2006 the New Zealand Institute of Management's Management Capability Index slipped. Doug Matheson wonders why

NZIM's Management Capability Index (MCI) provides an annual tracking and assessment of management capability in New Zealand. The MCI reflects chief executive assessment of their organizations. In 2005, the All India Management Association conducted the MCI in India for the first time. The overall 2005 index for India was 76.4, versus New Zealand's 70.3. At 71.2 the 2006 MCI for Malaysia is 2.6 points higher than New Zealand. The 2006 MCI results raise some important issues for New Zealand management. The most heavily weighted (15%) management capability factor is "visionary and strategic leadership". This dropped the most in the 2006 survey (-3.7%). "People leadership" was the second largest drop in the 2006 survey (-3.1%). "Innovation in products and services" is consistently the lowest response by New Zealand chief executives. New Zealand chief executives rate themselves at 64.5, Malaysian at 72, and Indian at 73.