Throughout our evolution, CGI has maintained a steadfast focus on delivering quality services to our clients. This allowed CGI to make sound business decisions and to continue to grow healthily. The CGI Management Foundation ensures the alignment of management principles and decision making to achieve balance between the interests of CGI’s key stakeholders. In 1992, the initial version of the CGI Management Foundation was created to serve as the backbone for all management frameworks, policies and guidelines. CGI responded by expanding into geographies where clients’ operations were located and by developing strategies to grow BPS operations.
#Cgi stands for federal full#
With this acquisition, CGI was in a position to offer the full continuum of IT services-technology and management consulting, systems integration and IT outsourcing.Ī few years later, client consultations with CEOs, CFOs and operation leaders identified two key trends: business processes services (BPS) and globalization. To finance the transaction, CGI became a public company, issuing 800,000 Class A subordinate voting shares at an opening price of $6.50. At that time, CGI’s annual revenue was $25 million, and the first merged company (BST) had annual revenue of $8 million. In 1986, CGI began to merge with outsourcing companies.
CGI responded by preparing a strategy to enter the emerging outsourcing market. Near the end of this decade, our targeted clientele began to consider and, in many cases, chose to outsource their IT functions. CGI evolved from a consulting company to a consulting and systems integration company. Demand for IT services evolved to include new types of requirements, including fixed-price and systems integration contracts. Strong and accountable leaders with the right level of empowerment allowed the company to expand rapidly.ĭuring this period, the IT services market was in its infancy. This strategy requires creating a financially sound environment in which all key stakeholders-clients, members and shareholders-prosper.įrom the outset, a performance-based management and monitoring system for all functions was put in place to ensure that opportunities could be identified and addressed quickly. To learn more about the Constitution, which is the foundation of our Culture, and to read a Word from Our Founder, visit the CGI Culture brochure.)ĬGI’s business strategy was, and remains today, tightly linked to the following: helping our clients achieve success, providing fulfilling career opportunities for our members, and sustaining long-term growth for our shareholders. (We refer to our professionals and consultants as members given all who join CGI are invited to be company owners, and this ownership mentality is woven into all aspects of our management approach. These have since been documented within the CGI Constitution, which encompasses our Dream, Mission, Vision and Values. In CGI’s first 10 years, the growing team of highly qualified members joining CGI helped craft the company’s principles and beliefs. In English, the acronym stands for "Consultants to Government and Industry."
The name "CGI" is the French acronym for "Conseillers en gestion et informatique," which means information systems and management consultants. A few months later, André Imbeau joined him and together they committed themselves to build a company based upon a shared dream: "To create an environment in which we enjoy working together and, as owners, contribute to building a company we can be proud of." Serge Godin founded CGI in Québec City, Canada, in June 1976.
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