Sperry/MacLennan is an architectural company whose major dealings involve designing of recreational amenities. Notably, the company came into being in the year 1972. The founder was Drew Sperry. He started the organization as a one man company. It is of importance to note that the company's founding name was H. Drew Sperry and Associates. The company, later on, hired some junior employees. One of the junior architects, John MacLennan, rose to ranks and later became a senior partner in the company.
In the 70s, during the baby-boom period, the organization was able to develop its architectural practice. The development of the firm was facilitated by the growth of the housing market. As a result, the company had established two branches by the close of the year 1979. Notably, the branches were located in Charlottetown and Fredericton. The importance of these branches was the creation of local market presence which allowed Sperry to meet the required standards to be licensed by the architectural regulatory authority. This was necessitated the high rate of growth during the period. In addition, the company recruited 15 employees. During the period between 1980 and the year 1982, the architectural market went on a decline. Sperry/MacLennan was an exception and was, therefore, affected as well. …show more content…
He additionally, plans to offer a plan to the other business associates at the start of the month of October. Contrary to the baby-boom period, the architectural market is on a sharp decline. As such, the organization has realized that expansion to foreign markets so as to thrive. There are various key issues that Sperry/MacLennan during the time when the firm encountered great success and during the company is faced with