Balfour Beatty Construction a Commercial Construction
Background and introduction
Balfour Beatty Construction is a commercial construction company that was formulated in 1933. The headquarter of the company is in Dallas, Texas and service office in U.S. the parent company of the Balfour Beatty Construction is Balfour Beatty which is a London based group. The group is a world class construction, services and engineering organization. The competitive and strategic position of the company can be assessed by the management tools including SWOT and PESTLE analysis. The expertise of the Balfour Beatty varies from equipping, designing, manning, management and construction of the buildings. The basic aim of the company is to expand its business at global level. There are more than 20 operating companies working under the group name Balfour Beatty.
The company requires developing a sustainable business environment by making mergers and acquisitions in all business areas. The five force model of porter is used to analyze the influence of various forces on business strategies. The strategic direction of the company has been influenced by various technological, social, political and economical factors. The company has developed a policy regarding social responsibility and has been awarded for its efforts in this area. There are about 25,000 employees working worldwide that have created many issues regarding management of human resources. The main concerned areas include health, mentoring and training, pension, and management issues. The statistics shows that there are more than 100 graduates join the firm each year. The graduates are needed to be trained and mentored which requires finances and resources.
Market position
(Construction Industry Market Review, 2003). (www.unison.org.uk )
The construction company in UK share tenth of the gross domestic products in UK. The annual revenue is about £65 bilio (www.dti.gov.uk). The industry has been ranked in top 10 construction industries in UK (Crowley,2003)
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Balfour Beatty Construction is a commercial construction company that was formulated in 1933. The headquarter of the company is in Dallas, Texas and service office in U.S. the parent company of the Balfour Beatty Construction is Balfour Beatty which is a London based group. The group is a world class construction, services and engineering organization. The competitive and strategic position of the company can be assessed by the management tools including SWOT and PESTLE analysis. The expertise of the Balfour Beatty varies from equipping, designing, manning, management and construction of the buildings. The basic aim of the company is to expand its business at global level. There are more than 20 operating companies working under the group name Balfour Beatty.
The company requires developing a sustainable business environment by making mergers and acquisitions in all business areas. The five force model of porter is used to analyze the influence of various forces on business strategies. The strategic direction of the company has been influenced by various technological, social, political and economical factors. The company has developed a policy regarding social responsibility and has been awarded for its efforts in this area. There are about 25,000 employees working worldwide that have created many issues regarding management of human resources. The main concerned areas include health, mentoring and training, pension, and management issues. The statistics shows that there are more than 100 graduates join the firm each year. The graduates are needed to be trained and mentored which requires finances and resources.
Market position
(Construction Industry Market Review, 2003). (www.unison.org.uk )
The construction company in UK share tenth of the gross domestic products in UK. The annual revenue is about £65 bilio (www.dti.gov.uk). The industry has been ranked in top 10 construction industries in UK (Crowley,2003)
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