Steel River Group
4 BUSINESS ELITE CANADA | MARCH 2019 As a result of Fequet’s experience, Steel River Group created its Indigenous Inclusion Ecosystem model, which is premised around creating alignment between three critical groups: Steel River companies; Indigenous partners; and alli- ance or industry partners. The company brings these entities together under a shared vision and goals and creates agreements, joint venture partnerships and new subsidiary companies to build capacity and strengthen competency. As a management entity, Steel River Group supports corporate governance, struc- ture, and provides support to its own group of companies. Fequet says the challenge is that no two business partnerships are alike, and understanding these nuances is at the core of Steel River Groups success— understanding that each Nation comes to the table with their individual circum- stances in terms of business beliefs, resources, goals, demographics, and capacity. Steel River Group approaches each poten- tial partnership by first working with the First Nation to build its capacity and by supporting them in a myriad of ways to better prepare them to capitalize on project opportunities.
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