Clearford Turns the Kaleidoscope to a More Sustainable Future
In today’s dynamic business landscape, the concept of kaleidoscope thinking has gained prominence. It represents the ability to reimagine past achievements, shake things up, and unlock new opportunities for the future. Clearford exemplifies this transformative approach through its recent restructuring and revitalized ownership model, propelling the company towards a more sustainable future.
Shifting Focus: From Restructuring to Sustainability
Having navigated through this restructure, Clearford has turned the kaleidoscope and revealed a renewed vision on providing sustainable water and wastewater operations. It has always been Clearford’s mission to protect public health and the environment through the delivery of safe, reliable, and compliant drinking water and wastewater services. With this still at the core of our mission, Clearford is expanding on what it means to be your preferred operating authority and valued partner in the delivery of these services.
Affordable Sustainability
We have streamlined processes, removed unnecessary restrictions, and refocused our efforts on growing and scaling effectively so Clearford can serve you better than ever before. Alongside, our expanded service offerings have broadened our operational reach and poised Clearford to deliver more cost-effective services to more regions and communities.
Transforming Leadership to Drive Efficiency
Clearford has recently undergone significant changes in its leadership team, leading to a protracted restructuring process. Despite the challenges faced during this period, the company has emerged as a privately owned company with fresh shareholders and a new go-to-market strategy, as reported by Global Water Intelligence.
With the Chief Operating Officer, Wilf Stefan, at the helm of the restructuring process, the company has seamlessly established a solid foundation for its next phase of growth.
Emphasizing the importance of Clearford’s mission, Mr. Stefan stated, “The goal is to make our water and wastewater processes as efficient as possible. It’s not just about reducing costs, but also about optimizing resources, maximizing productivity, and delivering sustainable solutions to ensure that every drop of water is managed effectively.”
Expanding Possibilities: Water-as-a-Service and Beyond
In the spirit of kaleidoscope thinking, Clearford uses its expansive knowledge and expertise to continuously explore new markets and ownership models. One such initiative is the introduction of water-as-a-service, a transformative ownership model that provides comprehensive water management solutions.
Shifting the ownership of assets into a privatized framework brings forth a range of benefits for clients and stakeholders. It enables developers and municipalities to unlock funds that can be directed towards their primary business objectives, beyond water and wastewater services. By embracing privatization, the regulatory burden can be effectively outsourced, mitigating risks for municipalities and allowing them to navigate the anticipated increase in regulatory demands in the years ahead. This approach creates a win-win situation, fostering financial flexibility while ensuring compliant management of water and wastewater for communities we serve.
Shaping a Water-Secure Future
Clearford’s pursuit of sustainability embodies the essence of kaleidoscope thinking. Through its restructuring journey, ownership model, diversified client base, and commitment to efficiency, Clearford is well-positioned for continued growth and success. As Clearford transforms, we continue to thoroughly examine this new kaleidoscope pattern and are reminded of the power each color and shape has in creating new opportunities while maintaining balance and harmony through its symmetry.
References:
- Ian Elkins, Editor-in-Chief for Global Water Intelligence. Clearford Water charts a new path forward (March 2023)
