McConnell Dowell 2019 Annual Review

7 Annual Review 2019 People and Leadership A focus on talent acquisition and retention, capability development and leadership succession is at the forefront of our plans across all areas of operation. With initiatives such as the Employee Alignment and Engagement survey, robust performance management and annual talent and succession reviews now part of the McConnell Dowell operating rhythm, we are able to identify trends and take an informed, data-driven approach to establish appropriate workforce plans and strategies to support overall business objectives. At an executive level a newmanaging director for Southeast Asia was appointed. In addition, new general managers of New Business and Strategy were appointed for the New Zealand and Built Environs business units. In all other parts of the Group, the operating model introduced in mid 2016 is proving effective with low rates of turnover and a significant increase in both employee engagement and alignment between the 2017 and 2019 Alignment & Engagement Surveys. An increased focus on leadership development into FY20 will support the growth and development of McConnell Dowell’s current and future leaders. Looking ahead McConnell Dowell has a strong foundation for future growth with a well-diversified business portfolio. All core market sectors continue to grow at a steady pace, driven largely by public and private sector investment in transport infrastructure projects. There is also an anticipated increase in activity in the resource market. McConnell Dowell will continue to maximise growth opportunities across the core markets in its existing footprint by leveraging its brand reputation, technical expertise, project delivery reliability and diversity. The coming 12 months will be exciting for the McConnell Dowell Group. We are well poised for steady growth and improved levels of profitability. We have now successfully completed the first two stages of our strategic plan introduced and set in place in 2016. The Group with its geographic, sector and discipline diversity is well positioned in growing and emerging markets. We will continue to drive a focus on safety, people and operational excellence, live our Values and deliver the next stage of our strategic plan to Vision 2025 of growth and sustained profitability. Scott Cummins CEO