73 / 136
Business View Australia - June 2015 73
ing relations with all of them. As
far as sub-contractors go we use
Citi Plumbing and Alan’s Elec-
trical Contractors quite a bit. All
these suppliers and sub-contrac-
tors are part of our business.”
Managing productivi-
ty and staff relations
Vati Projects has an enlightened
management style and treats all its
stakeholders with respect and dig-
nity. Based on these principles the
company has grown from strength
to strength and has the firm support
of its employees, sub-contractors
and suppliers. It values its relation-
ship with all its business partners
and has built up an enviable level
of trust with them over the years.
“Our company’s culture is to treat
staff as if they are part of the busi-
ness and not just an employee.
They feel like they are doing some-
thing important and they are part of
the business. I think that produces
somebody that wants to work for
you and work for the business,” says
Vasilis Hatzioannou, “I quite often
say to people when they first come
in that I’m going to give you a fair
day’s pay but I expect a fair day’s
work. That’s one thing that I try and
instil in the boys. So far it seems to
be working. The boys are on-board
and keen to work for the business
and they feel that they are a part of
a family and not just employees.
One other thing that probably helps
a little bit is that if at the end of the
day the company makes a profit then
the staff benefits from that. If the
employee is saving money on waste
then the company is going to make
a profit. If we make a profit then
the benefit from that in some form
or other will go to the employees.”
Expansion plans
Vati Projects has earned a stellar
reputation for its construction work
over the three years of its exis-
tence. In this time it has established
sound working relationships with
its employees, sub-contractors and
suppliers. Above all, it has gained
the trust of customers and this is
borne out by the volume of repeat
and referral business that it does.
Its current turnover of $5 mil-
lion may double if some projects
that are in the pipeline come
through. Based on all these fac-
tors Vati Projects is destined to
build on its successes and attain
even greater heights in the Bris-
bane construction industry.
CONSTRUCTION