Page 30 - Transforming To Stay Successful
P. 30

2       Strategy Two:


                    STRENGTHENING
                    THE BASE

            Our transformation is built off the inputs into investment   We’ll also recruit for the expertise that we don’t
            management: people; information; technology;          currently have, looking for skills in everything from deal
            processes; and a robust culture of investment risk    negotiations, to finance models, and cyber security. Our
            management.                                           back, middle, and front office will continue to grow. In-
                                                                  house managers require about two people in the back for
            PEOPLE                                                every investment professional. By F2020, we’re projected
                                                                  to be up to roughly 530 people!
            The pace of our investment transformation and talent
            management are intrinsically linked; we need to have the   With this growth, housing employees all in one location —
            right skills in place to meet our goals. With our previous   which also facilitates interaction, an important part of our
            model, we needed a team of generalists; now, we need   new model — is critical. And so, we’ve invested in and
            specialists. As Gina Pala, our SVP, IT, said in relation to her   will operate from our new office building on 750 Pandora
            department at the July 2017 Town Hall:                Avenue in downtown Victoria.


               “A team of specialized and focused experts         INFORMATION
               provide us with the time and capacity to get       Information is central to all our decisions, and technology

               a deeper understanding of the complexities         allows us to easily leverage it to create long-term
                                                                  value. An active, in-house manager is very hands-on
               of your strategies and business needs.”
                                                                  and data hungry. So, it’s no surprise that this new model
                                                                  has a different set of technology, program, and system
            BCI’ers will continue to have opportunities to enhance
            their knowledge, through training, industry conferences,   needs. We’re investing in top notch infrastructure and
                                                                  data sources, which feed into the systems that track our
            and more. We have eight new on-site programs and a
                                                                  portfolios and investment activities.
            development budget that’s increased by 700 per cent.










            30                                                         THE STRATEGIES THAT DRIVE OUR TRANSFORMATION
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