Mission, Vision & Values
Mission
To generate a diverse, functioning and sustainable economy on Haida Gwaii for the long term well-being of the Haida People and culture.
Vision
A well-governed, diverse and financially successful group of Haida companies that is a model of stewardship, balancing the environmental, social, cultural and economic values upholding the pride of the Haida Nation.
Values
HaiCo’s values have been specified in the Letter of Expectations and background documents leading to its formation:
Transparency
HaiCo will conduct its affairs in an open, frank, and candid manner without compromising its business objectives. All decisions by the Board and senior staff will be made, recorded and implemented in accordance with the Letter of Expectations and other Shareholder directions
Efficiency
HaiCo will operate with the concept of producing the desired effects and results with a minimum of effort, expense or waste. Practically this means the company will generally manage and operate with the least number of full time staff needed to efficiently conduct its affairs and engage additional personnel on a contract basis. Contracting out will assist in developing entrepreneurial activity in the community.
Clarity
In all aspects of its operations HaiCo will act in an open and transparent manner with clarity of purpose and actions so that the Haida People have a clear understanding of the Board and staff decisions.
Accountability
Policies and procedures in HaiCo governance will focus on ensuring that both the Board and staff are held accountable and responsible for their decisions and subsequent actions including respect for the company’s assets and financial well-being. The Board will develop remuneration processes that recognize and reward performance for accountability, responsibility and results.
Fiscal Discipline
Board and staff development of budgets and financial forecasts of positive surplus of net profits from HaiCo’s operations on a long term basis. Optimizing the generation of net revenues for business re-investment and profits for the Haida people.
Confidentiality
Many elements of business decisions, including acquisition of new assets and engagement and discipline of staff require that certain objectives and facts remain confidential until final actions or decisions are taken. As a general rule proceedings of the Board and its minutes will remain confidential to the corporation with the Chair of the Board retaining responsibility for communicating with the Shareholder and third parties. Board members and staff are expected to respect the confidential nature of internal board discussions and decisions until these have been made public. HaiCo commits to close consultation with the CHN on matters that materially impact the business of the Corporation of the interests of the Shareholder.