Business View Oceania - October 2024

to integrate them into our way of doing things while respecting their own identity.” Another challenge is finding skilled labor. “It’s increasingly difficult to find skilled trades people,” explains Mead, B. “That’s why we’ve focused on incorporating technology to streamline repetitive tasks. This allows us to hire technical skilled employees who have assisted us to transition into advanced manufacturing, and that makes a big difference as we grow and that’s made a big difference.” In the coming months, Heatlie plans to continue its growth through internal development and additional acquisitions. “We only acquired the security door business seven weeks ago, and we’re already looking at acquiring another business or two within the next six months,” reveals Mead, M.“It’s a controlled growth strategy that allows us to fix any issues before moving on to the next acquisition.” The company’s dual focus on product development and acquisitions has proven effective. “Productled growth is often slower, so we’re balancing that with acquisitions to grow in larger leaps,” Mead, M. explains. NEW LEADERSHIP, SAME VISION With Mal and Andrea Mead gradually stepping back from day-to-day operations, the next generation of the Mead family is fully engaged in taking Heatlie to new heights. Mitch, Bek, and Albie are all deeply involved in the business, each bringing their expertise and passion to the table. 80 BUSINESS VIEW OCEANIA VOLUME 06, ISSUE 10

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