| We all have springtime traditions.
As a child, my family tradition included participating in my mother's
spring housecleaning ritual. For CIRI shareholder and longtime CIRI
employee Hazel Felton springtime tradition is sharing the first
freshly-caught king salmon of the season with family and friends.
For many of us on staff at CIRI, our springtime tradition involves
planning and hosting CIRI shareholder information meetings.
For three consecutive weekends this spring, I have had the pleasure
of leading CIRI's contingent of staff to the CIRI Shareholder Information
Meetings. Unlike the annual meeting, whose main purpose is election
of members to the Board of Directors, these informational meetings
are designed to report the prior year's financial results to CIRI
shareholders and discuss the outlook for the current year. This
spring, meetings were held in Sacramento, Calif., and Puyallup,
Wash. In Alaska, the meetings were held in Anchorage and Kenai.
In total, 529 shareholders and their family members attended these
meetings and demonstrated their keen interest in CIRI.
Springtime also gives us an opportunity to take a fresh look at
some of the issues facing us. One issue that was brought to our
attention at the shareholder informational meetings is the level
of Alaska Native hire in our joint ventures. CIRI does not have
a wide array of subsidiaries and joint ventures as do many other
Alaska Native regional corporations. However, we do have a few,
such as our partnership with Nabors Industries Ltd. in Peak Oilfield
Service Company. So when concerns over the hiring and retention
of Alaska Natives are voiced by shareholders, we take it in the
same spirit in which it is raised - which is to say we take it seriously.
Those who work full time on increasing the level of employment
of Alaska Natives in Alaska's industry and those in industry itself
know that this issue of increasing Alaska Native hire is a complex
one. It is my opinion it is not productive to point fingers of blame.
Rather, I would like to rededicate ourselves with new springtime
vigor to understanding the complexity of the issue and improving
our performance.
To begin with, I have asked for a report on Alaska Native hire
from Peak and have re-emphasized with Peak CIRI's desire to increase
the number of qualified Alaska Native shareholders hired to fill
positions as they become available. In addition, I am forming a
high-level task force that will reach across organizational boundaries
to help guide CIRI in thinking through this renewed initiative.
The formation of the task force is well-timed as CITC is gearing
up to put more resources and thought into making its Alaska's People
a more effective work placement entity. I have asked the task force
to address and report back to me on whether the training programs
that are in place to provide a well-trained and work-ready workforce
are actually doing what they are intended to do. Further, if those
programs are indeed working, are we doing a good job at steering
people to these training opportunities? Having a corporate culture
that encourages the retention of Alaska Natives in the workplace
is important to successful placement of Alaska Natives – but
no more so than providing the training to deliver people to the
workplace fully trained to do their jobs. As we look forward to
potential projects that may develop in Alaska where skilled labor
will be needed, this springtime's re-commitment to look hard at
our collective role in employment and job training is timely.
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Margie Brown
President and CEO
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