February Message – Round Up of 2018 and 2019 Outlook

Round Up of 2018 and 2019 Outlook

“When you’re finished changing, you’re finished.” – Benjamin Franklin

“Adaptability is about the powerful difference between adapting to cope and adapting to win.” – Max McKeown

2018 is in the books and what a year it was for UPI. Last year really proved to me that our UPI family can adapt through times of adversity and change. I believe, now more than ever, that UPI is becoming evermore a team of high adaptability, high achievement individuals. We learn to become stronger when faced with adversity. This is very important as our industry, technology, and quite frankly the world, is changing more rapidly and will continue to do so. Thank you all for your hard work and contributions to UPI this last year! We really do have a great team!

2018 safety performance was strong. We worked almost 900,000 manhours with a TRIR of 0.67. We are not yet perfect, but we are better! We are again coming to a milestone of 2 million manhours without a lost time injury. Let’s blow by this milestone on our way to 3 million manhours. We did not meet our 2018 goal of zero recordable hand injuries. The Safety Opportunity program was well engaged and exceeded our internal goal. Thank you all. UPI continues to be a leader in our industry regarding our safety culture and living by our value of caring. You should all be proud of this!

2018 was UPI’s second largest revenue year ever. Profitability was below average from a percentage of revenue viewpoint in comparison with other strong revenue years. We know what we need to work on to improve on the profitability front and look for those in the 2019 top company goals/initiatives.

UPI is successful because of our people. 2018 saw increased levels of development of our people. Look for more of this in the future. Take advantage of the development opportunities you are afforded with UPI and APi Group. APi’s enduring purpose of building great leaders is the real deal. There are no other companies doing “it” this way.

The future is bright. 2019 is looking to be a very strong year. The opportunities before us could lead to a record year. A record year not only financially but regarding safety and quality as well. I believe that we are firing on all cylinders right now at the right time in our industry.

I offer below a summary of the company’s top 2019 objectives/key results (OKR’s). There will be more to come in terms of a full roll-out companywide soon.

Safety Focused Goal: Zero recordable injuries with 100% reporting of all incidents.

Financially Focused Goals: No project loses money. No rework. We do it right the first time.

People Focused Goal: UPI rolls out Field University with 5 trade hands going through the program.

Technology Focused Goal: UPI implements a Goal Management System (GMS) that will increase transparency into initiatives that are in place to help reach our goals/objectives and also improve communication across the company.

In closing and in the words of Mark Breslin, “Go get it!!”

Mel Olson, President