Keeping the Balance How to Manage Growth and Profitability at the Same Time

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Keeping the BalanceHow to Manage Growth and
Profitability at the Same Time

• Tony Franceschini
• President CEO, Stantec
• FIDIC Annual Conference, September 2004,
  Copenhagen

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Were Celebrating
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Humble Beginnings
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First Projects in Rural Alberta
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First International Work in Jamaica
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First Project in Light Rail Design
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Partnership to Design the Alberta Pacific Pulp
Mill
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The Signature Project of Our First 50 Years
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Pavement analysis for 4,500 kilometres (2,800
miles)
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Advanced Cellular and Biomolecular Research
Facility
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Warehouse Expansion
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Water Reclamation Plant
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Master Plan for Residential Community Development
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Stantec Today
4,500 employees, 50 locations, projects in 80
countries
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25-Year Performance
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Keeping the Balance

• How to Manage Growth and Profitability at the
  Same Time

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Balance Doesnt Mean Equal
To us, balance means equilibrium
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Growth


Growth for the sake of growth alone does not
create a great company
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Five Drivers, Principles, or Strategies
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1. Vision

• Clear, simple, measurable
• Dont allow your vision to get blurred
• Avoid costly distractions

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2. Risk Management

• Take calculated risks
• Manage and mitigate your risk
• Requires flexibility and willingness to accept
  change

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3. Sufficient Resources

• Solid finances
• Robust enterprise systems infrastructure
• Experienced, well-trained, informed, and equipped
  staff

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4. Communication

• Lifeblood of an organization
• Err on the side of overcommunicating
• Consistency, simplicity, and repetition

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5. Execution

• A modest plan executed brilliantly is better than
  a brilliant plan executed poorly

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The Stantec Way
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Vision
2000 by 2000
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What it Means to Our Staff
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What it Means to Our Staff

• Growth and opportunity
• 10,000 employees
• 1 billion in revenue
• Focus on design and fee for service
• Profitability
• Going from good to great
• Continuous feedback on our progress

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Risk Management at Stantec
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3-D Business Model
Lifecycle Solutions
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Opportunity
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Geographic Diversification
Five economic regions in North America Canada
West, Canada Central, US Southwest, US
Southeast, and US Northeast. We also provide
services in selected locations outside North
America on a project basis.
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Practice Area Specialization
Architecture/Interior Design Buildings
Engineering Facilities Planning Operations
Environmental Infrastructure Environmental
Management
Manufacturing/Industrial Bio/Pharmaceuticals Pow
er/Resources/Chemicals
Transportation Infrastructure Transportation.
Planning Traffic Engineering. Infrastructure
Mgmt. Traffic Engineering.
Planning Landscape Arch. Urban Land
Eng. Surveys/Geomatics Quality Control/Assurance
Strategic Management/Program Project Management
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Practice Area Specialization
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Project Client Diversity
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Life Cycle Solutions
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Long Term Relationships
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3-D Business Model
Our services are delivered through a solid
strategy that allows us to manage risk while
pursuing our objectives of continued revenue and
earnings growth
Lifecycle Solutions
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Sufficient Resources
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Resources
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Online Resources
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Our People
Our most important asset
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Communication
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Respected Communication Vehicles
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A Modest PlanBrilliant Execution
0
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
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Edmonton
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Teamwork
is part of everything we do
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Balanced Leadership Model
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A Matrix Model
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The wind and the waves are always on the side of
the ablest navigators
Constant Challenge
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Five Principles

• Vision
• Risk Management
• Sufficient Resources
• Communication
• Brilliant Execution

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Thank You
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