Select S Small Business Enterprise (a Private Firm or a Published-Listed Company Based in Singapore). You Are Required to Access to the Following Information and Describe the Business Profile of the Selected Company, Based on the Following Items,
REQUIRED:
As a Business Consultant of the company, you have been instructed by the Managing Director to conduct a review on the company’s performance and to recommend improvements to meet the challenges of the rapid changing business environment. Your mission will cover the following tasks.
Task 1
1.1 Select s small business enterprise (a private firm or a published-listed company based in Singapore). You are required to access to the following information and describe the business profile of the selected company, based on the following items,
Answer:
• A brief history of the business
Early 1800’s Almost two centuries ago, an enterprising young businessman by the name of Edward Boustead first stepped onto the vibrant shores of Singapore. Arriving aboard the British schooner Hindustan, Edward Boustead observed a bustling trade settlement, unrivalled in its strategic location and overflowing with business opportunities. Immediately, he knew that Singapore would not only become his "home" but would also be the centre of his future business empire. Thus it was in 1828 that Boustead & Co was born.
21st Century In 1996, the company began a new era of leadership under the current experienced mangement team led by Chairman & Group Chief Executive Officer, Mr Wong Fong Fui. Under the guidance of the management team, the company centred its core operations on infrastructure-related engineering services and geo-spatial technology.
In 2009, Boustead Singapore recorded a seventh consecutive year of record-breaking revenue and net profit since its listing in 1975.
In 2008 and 2009, Boustead was recognised in the prestigious Forbes Asia 200 Best Under A Billion as one of the Asia Pacific’s 200 best public-listed corporations under US$1 billion in revenue.
• Details of products or services supplied Comprising six international engineering companies, Boustead’s Engineering Services Segment has an extensive track record in a range of
As a Business Consultant of the company, you have been instructed by the Managing Director to conduct a review on the company’s performance and to recommend improvements to meet the challenges of the rapid changing business environment. Your mission will cover the following tasks.
Task 1
1.1 Select s small business enterprise (a private firm or a published-listed company based in Singapore). You are required to access to the following information and describe the business profile of the selected company, based on the following items,
Answer:
• A brief history of the business
Early 1800’s Almost two centuries ago, an enterprising young businessman by the name of Edward Boustead first stepped onto the vibrant shores of Singapore. Arriving aboard the British schooner Hindustan, Edward Boustead observed a bustling trade settlement, unrivalled in its strategic location and overflowing with business opportunities. Immediately, he knew that Singapore would not only become his "home" but would also be the centre of his future business empire. Thus it was in 1828 that Boustead & Co was born.
21st Century In 1996, the company began a new era of leadership under the current experienced mangement team led by Chairman & Group Chief Executive Officer, Mr Wong Fong Fui. Under the guidance of the management team, the company centred its core operations on infrastructure-related engineering services and geo-spatial technology.
In 2009, Boustead Singapore recorded a seventh consecutive year of record-breaking revenue and net profit since its listing in 1975.
In 2008 and 2009, Boustead was recognised in the prestigious Forbes Asia 200 Best Under A Billion as one of the Asia Pacific’s 200 best public-listed corporations under US$1 billion in revenue.
• Details of products or services supplied Comprising six international engineering companies, Boustead’s Engineering Services Segment has an extensive track record in a range of
References: Buinessballs.com (2005, September 12). Change management. Retrieved December 26, 2012, from: http://www.businessballs.com/changemanagement.htm