BCBusiness

June 2015 Captain Canuck to the Rescue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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June 2015 BCBusiness 27 bCbusiness.Ca lion microwave and satellite technolo y company with annual losses north of $4 million and mired in debt. Norsat had been chasing rainbows, often pursuing nine- •gure U.S. military contracts that would typically go instead to massive companies like General Dynamics. It occupied a fancy but impractical third-‡oor oˆce in Burnaby and had a large U.S.-based executive sta. Chan's immediate task was to downsize and refocus. "No more home run attempts," she recalls. "What we needed were base hits." Chan had the advantage of having been with the com- pany for many years: she had started with MPR Teltech as a co-op student back in 1989 and joined Norsat when they acquired the company in 1996. The upside was that, upon taking over the top job in 2006, Chan was surrounded by sta who knew and trusted her; the downside was that when it came time to take aim, the people she was •ring were people she knew. Chan did not want to prolong the pain. "It's best to do it once and do it quickly," she says. "That way hopefully you won't have to do it again." SLOW AND STEADY Amiee Chan helped save Norsat by focusing on smaller, winnable contracts as opposed to "home runs"

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