62 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.