A Queensland success story

I have just returned from Townsville where I was visting the North Qld branch of BMD. BMD is one of Queeensland's largest family owned companies. It was started in 1979 by Mike Power and they are specialists in civil engineering construction and design services.

On Friday night I attended the branch's Christmas drinks where there were 300 guests. The one thing that stood out was when company director David Duncan spoke he shared the company's growth and turnover figures and was forthright in telling those there that the goal was $1 Billion turnover. Current turnover was stated at $500 million.

In other words, they were prepared to be proud of their success and share it with staff, suppliers and clients.

Too often, owners are reluctant to share such information with their staff. Open communication is a part of BMD's culture. As their mission statement (which is in all their offices ) states, they maintain an environment that promotes teamwork, loyalty, trust and pride through strong leadership, communication and people development. In my contact with BMD , they certianly live up to their written mission statement. It not just a sign on a wall.

BMD is an example of a family business successfully making the transition through fast paced growth.