BEC / Aug / 2014 - page 75

AUGUST 2014
H
business elite canada 75
customers’ business, even when times may not
lend themselves well to their capital spending,”
said Houston.
Employees receive a share of the profits at
the end of the year based on how well the
company has done financially. Lakeside’s en-
trepreneurial culture of employee ownership
and operation requires transparency from the
President and the Management Team. Em-
ployees are updated on a quarterly basis with
the company’s financials and progress made
towards its strategic plan for growth. An annu-
al two-day company conference is held where
employees celebrate the previous year’s suc-
cess and the next year’s company strategy for
growth is discussed.
“It is the employees here that we answer to
at the end of the day,” said Houston who has
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