CMG01- Report on Construction Company Management
Added on 2020-03-07
11 Pages1882 Words93 Views
CONSTRUCTION COMPANY MANAGEMENT 1CONSTRUCTION COMPANY MANAGEMENTStudent’s NameThe InstitutionProfessor’s NameThe DateContents
CONSTRUCTION COMPANY MANAGEMENT 2Introduction......................................................................................................................................4Executive Summary.........................................................................................................................4Business.......................................................................................................................................4Owner...........................................................................................................................................5Market..........................................................................................................................................5Company structure, Organization, strengths, and weaknesses........................................................6Company structure.......................................................................................................................6Organization.................................................................................................................................7Strengths and Weaknesses...........................................................................................................7Components of the Company..........................................................................................................8Services........................................................................................................................................8Financials.....................................................................................................................................8Conclusion.....................................................................................................................................11References......................................................................................................................................11
CONSTRUCTION COMPANY MANAGEMENT 3Introduction The report primarily is the objective of showcasing a strategically designed business plan for theWatpac Australia construction company. The report will assess the SWOT for the construction company through an in-depth research into the prevailing market and financial dynamic[ CITATION Kul161 \l 1033 ]. The business plan will be achieved through the evaluation of the current strategies and policies that are in place and coming up with new feasible strategies that will help correct the current situation of the company. The achievement of the business plan will play a significant role in realizing the strategic, operational and tactical objectives of the enterprise. For Watpac, the business plan is to embrace technology fully to ensure that it maintains the high standards and sustainability that it holds so active in its operations. Executive SummaryBusiness The business is by the name of Watpac Australia Pty Ltd. It is located in Australia and falls in the construction company. The company has several primary objectives that are not limited to improving the company’s corporate image, delivering high standards, environmental sustainability, resource efficiency in its operations, employee and government inclusivity and stakeholder sustainability. The company has emphasized on ensuring that it engages in activities that are environmental friendly having environmental sustainability as one of its primary objectives (Wong et al. 2015). The significance that the company has to its growth is the fact thatit can utilize the resources that it has efficiently so that it can reduce its overall cost and improve
CONSTRUCTION COMPANY MANAGEMENT 4its overall profit margins. Again the company is moved by the need of being socially responsible and thus it has invested a reasonable amount of funds in sponsoring of community based programs, giving of donations and in charities. The company has partnered with Ronald McDonald House Charities to be in a better position to engage in charity programs.OwnerThe company began in 1983 when it was identified as Watkins Pacific. It engaged in construction and property development. The company was first listed on the Australia Exchange in the year 1985. It is thus an indication that the corporation is a public limited company. It is thus owned by shareholders and managed by the board of directors. The sole objective of the board of directors is to ensure that the managerial role of directing is achieved amidst creation of value for the shareholders. The board of directors is individuals who are competent and driven by the core objectives of the company.MarketWatpac Company serves a large market in the Australia construction industry. The company serves customers that are in need of affordable mining services. Also, it engages in civil works, property and government partnerships. The company continues to get construction tenders from clients such as the NSW that gave it recently a contract of $ 187. The company has made sure that its markets are served by workers that have competent skills in the operations that it engages in. The safety requirements and the quality of services are some of the factors thatthe company makes sure that they are well blended in the rendering of services in the market.
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