In this together

Liz Koh
Deputy Chair
Nikau Foundation
25 May 2020

Over the last few weeks, we have been reminded many times of fact that, whether we like it or not, we are part of a community. The welfare and wellbeing of each person in the community has an impact, either directly or indirectly, on the community as a whole.

We are all in this together, as they say. Viruses are contagious, and to protect a community, each individual person needs to be kept safe and well.

But as well as our health, our individual financial and social wellbeing is dependent on the financial and social wellbeing of the community as a whole. If businesses don’t succeed, there is increased unemployment and lower economic growth. Just like a virus, there is a contagion effect as in turn this low growth leads to more business failures, even more unemployment and lower standards of living.

For communities to flourish, they need to be resilient. By definition, a resilient community is one which has a sustained ability to use available resources (energy, communication, transport, food etc) to respond to and withstand adverse situations such as natural disasters, economic shocks or pandemics. The key attributes of a resilient community, as outlined by the local Emergency Management Office, include:

  • The community is connected and works together towards shared goals
  • Individuals and social structures are engaged and empowered to make a difference
  • The community has strong and trusting partnerships with each other
  • People have a sense of place and belonging in their community. In times of stress, people want to stay.

In New Zealand, our network of Community Foundations strive to build community resilience. With your support, they will help strengthen our communities for the long-term.

Liz Koh is Deputy Chair of Nikau Foundation, a registered Financial Advisor and Founder of Moneymax - www.moneymax.co.nz



Date Posted: 25 May 2020

Back to all posts


Recent Posts

New Zealand's Generosity in the Spotlight

23 Sep 2020

Local giving has always been important and with September being Wills Month it’s a timely reminder look after our future generations and our local communities. ..

Read more

How lawyers can make a difference to community recovery

18 Sep 2020

It’s been quite a year and it’s certainly been a time when we have seen professionals across New Zealand pause and reflect on what they can do to make a difference...

Read more

September is Wills Month

08 Sep 2020

It never fails to surprise me where people’s passions lie, and everyone is different in terms of what lights their fire...

Read more