Nicky Griffiths is the new management rights owner of Catalina Resort, one of the Sunshine Coast’s finest family resorts, located on the beautiful shores of Maroochydore beach.
She brings an incredible entrepreneurial business mind to the industry, as Nicky was the co-founder and chief financial officer of an electrical engineering company that specialised in supervisory control and data acquisition (SCADA), process automation and data management systems in mining, oil and gas, rail, and critical infrastructure.
Nicky’s success story is one of creativity, talent, and sheer determination. Within five years, her business had grown from a start-up company to a multi-million-dollar operation with multiple offices throughout Australia, delivering projects around the world. At age 37, she found herself considering unexpected prospects.
“I was made an offer to purchase my shares and chose to take the opportunity to redress my work/life balance and focus on time with my family. After two years of retirement and the chance to reset my personal and entrepreneurial goals, I was ready to face a new challenge!”
She considers herself fortunate to be able to collaborate on the purchase with “fantastic brokers”, Wayne and Linda Stoll from Think Management Rights. She told us: “They knew exactly what I was looking for, and we went to contract within 24 hours from my inspection on Catalina. From here, the team at Pevy Lawyers, my business banking manager Steve Austin from Suncorp and my finance broker Barry Maller from Catalina Finance seamlessly brought the whole deal together.”
Nicky has a Bachelor of Accounting and her experience is solidly based in strategic management accounting. She has always enjoyed “planning new accounting and operational strategies, using the overall corporate scope and direction of a corporation to grow business operations”.
“It was an amazing experience to be able to utilise these skills in my own previous company, especially as I created it from scratch, this gave me the unique opportunity of not being pigeon holed into the skillset of just a CFO. I could apply strategic leadership, with a total understanding of the business, its key drivers of success and areas of opportunity.”
How will she translate her management skills to achieve success in the management rights industry?
She explained: “I think success as a manager is directly related to how well you lead and connect with your staff, committee, guests, owners as well as contractors. I know that there was a level of scepticism among some as to my ability to be able to perform my job as a female especially given the size of the resort and the scale of the operations.