lance-wiggs

LANCE WIGGS
Director NZ


Specializations:
Independent investment and business advisor providing investment readiness consultancy and Return on Science investment committees, direct investments through LWCM and Punakaiki Fund and advice and directorships through LWCM and Lance Wiggs Consulting.

M +64 21 526239
E  lance@lancewiggs.com
 


 

Background

Prior Investments and Directorships include:

Councillor for Internet NZ. Member of Audit Committee and Chair of Investment Committee.

Co-Founder of Pacific Fibre, which aimed to connect Australia and New Zealand to the USA with a very high capacity Fibre. Some advice I wrote for following players.

Founder and director of PowerKiwi, which supplied Flower Power, Tree Power and carbon neutralised Green Power to Powershop, an online electricity retailer. Power Kiwi was 2nd in the Deloitte Fast 50 and 18th in the Asia Pacific Technology Fast 500. Power Kiwi sold the contract back to Powershop and has ceased to trade.

Co-Founder of AllAboutTheStory.com, a marketplace to help editors fill the gap and quality journalists and feature writers sell their stories. We folded this business after failing to get critical mass of buyers and sellers.

Co-Founder of Groupy, which was sold to Yellow then Daily Do.

Former Independent Director of Cadimage Group.

Investor in Valuecruncher (closed down) and Chanui Tea (investment exited). I was also part of an informal advisory board for PlanHQ and advised on the sale to one founder.

 

 

Experience

Lance was part of Equip Design Integration, working with Ray Labone, Peter Haythornthwaite and Andrew Jones, one of three accredited Design360 teams that performed the design assessment and planning phases of the Better by Design programme.

The Better By Design programme subsequently restructured to be far more hands-on, and Lance trained and used the Stanford d.school methods during the transition and the first year, after which he switched efforts to the Better by Capital program.

Lance has consulted to Syft, PL Tech, ASB and sporadically to a number of other and medium sized small New Zealand and Australian clients, in the media, e-commerce and entertainment industries.

He worked with BHP Billiton Stainless Steel Materials in Perth and Kwinana Nickel Refinery, through Lodestone, a consulting group that specializes in operational improvement work. Later I led a team for almost 2 months in Mozambique consulting to BHP Billiton’s Mozal Aluminium smelter, and a few years earlier Lance was site leader for 10 months on a successful effort at BHP Billiton’s Bayside aluminium smelter in South Africa.

Lance was the adviser on Trade Me’s sale to Fairfax Media for NZ $750m, and before and after that helped with ongoing valuations, pricing, strategy and coping with growth. Later he acted as Head of Group Digital at Fairfax Media NZ.

Lance Wiggs was an Engagement Manager for McKinsey & Company in Washington DC.

He was a summer associate for a Dallas Private Equity Firm, and prior to that was at the European Bank for Reconstruction and Development (EBRD) and a founder of Panic Music in Montreal.

Before my OE Lance had various roles at Mobil Oil New Zealand and Mobil Oil Australia, including territory manager (resale representative) for the top third of the South Island, and was a member of the team that rolled out EFTPOS at Mobil service stations in Australia and NZ.

 

 

 

Professional

B Technology (Honours) (Product Development) 1989, from Massey University.
MBA/MPPM (Strategy, Finance) 1998, from Yale University.
McKinsey Mini MBA corporate finance faculty tutor, 2000.
Former Member of NZ Institute of IT Professionals.
COMU NZ Corporate Governance course, 2011.
Member of Institute of Directors
IOD Chairing the Board course 2014.

 

 

Publications

J Brown, D Gross, L Wiggs: “The matchmaker system: creating virtual eco-industrial parks”, Yale School of Forestry & Environmental Studies, Bulletin Series 106, 2002.

Wiggs, G Lance T: “Corporate Performance and Corporate Governance”, Working Paper Series C, Number 57, February 1999, Yale University.

(Major contributor to the book) William Joyce, Nitin Nohria, Bruce Roberson: “What Really Works : The 4+2 Formula for Sustained Business Success”.