Business View Oceania - April 2024

approach that enhances efficiency and offers a more cost-effective solution for meeting housing needs. With its numerous benefits and potential for expansion, modular building is shaping the future of construction. Looking ahead, Simpson envisions fur ther investment in modular construction, with plans to establish operations in new territories and expand the company’s footprint beyond the West Coast. By leveraging technology and embracing innovation, Simpson Residential aims to streamline operations, reduce overhead costs, and deliver exceptional value to clients across New Zealand. BUILDING AN INCLUSIVE COMPANY CULTURE Simpson Residential remains committed to its core values of integrity, professionalism, and excellence. By fostering a culture of continuous improvement and investing in its workforce development, the company strives to uphold its esteemed reputation as a trusted leader in the residential construction industry. Among its initiatives is the engaging “money game,” which exemplifies the company’s commitment to employee engagement and continuous improvement. Every few months, Simpson distributes fake money to all its workers, each equivalent to a hundred dollars. This activity serves as an educational tool as employees discuss instances where their actions may have incurred costs to the company. For example, if workers admit to cutting a sheet of iron incorrectly, they collectively estimate the monetary impact of such faults. This exercise raises awareness about financial implications and encourages accountability and ownership of actions on the worksite. The game isn’t solely focused on identifying mistakes; it also allows employees to highlight their achievements and contributions to the company’s success. By incorporating such interactive and educational activities into its workplace culture, Simpson Residential cultivates an environment where employees feel valued, motivated, and empowered 24 BUSINESS VIEW OCEANIA VOLUME 06, ISSUE 04