The initial objective set in February 1979 was obvious; the newly formed Company had to survive and in doing so continue to provide employment for the 200 employees who supported me in the company purchase.
After a period of some five years, with the Company reasonably secure, I had then to clarify in my own mind what were the long term aims and objectives for the Company; who would ultimately own it, who would benefit from its success and how would long term security for both company and employees be achieved.
Initially my principal objective was simply to provide opportunities within the construction industry for employees to enjoy a career in their respective professions without the threat of shareholder sale or exploitation.
In order to achieve this objective, the Company must be profitable, ethical and farsighted. Furthermore, it must be owned by a shareholder structure which would give maximum stability and an equitable distribution of profit. This led me to conclude that establishing a charitable shareholder status would best meet these objectives.
Consequently, throughout the years, I have simply viewed my role as the custodian of the Company built by the efforts of many hundreds of my working colleagues. My legacy is to pass this role of custodian to the next generation of managers with all my support and very best wishes for future success.
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My legacy is to pass this role of custodian to the next generation of managers with all my support and very best wishes for future success.
RE Wright, Chairman