Modern Construction Enterprises: A Presentation on Lendlease Group

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Added on  2022/08/21

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This presentation provides a detailed overview of Lendlease Group, a prominent multinational construction enterprise based in Australia. It explores the company's history, core business operations, guiding principles, and values. The presentation delves into Lendlease's integrated business model, highlighting its focus on innovation, sustainability, and disciplined risk management. A comparative analysis with key competitors is also presented, underscoring Lendlease's strengths, including its extensive experience, international presence, and financial stability. Furthermore, the presentation examines Lendlease's business strategies in the context of the evolving global construction industry, emphasizing its commitment to innovation, sustainability, and strategic expansion to achieve its business goals. The presentation concludes by referencing key sources such as the Lendlease Group's annual reports and other relevant publications to support the information presented.
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Modern Construction
Enterprises:
A presentation on Lendlease
Group, Australia
Name of the Student:
Name of the University:
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Introduction
Modern construction businesses are evolving.
Construction market is highly competitive.
Modern construction companies are adopting innovative techniques and
projects to offer more values to the customers
Sustainability in businesses and techniques is a new agenda (Phung,
Erdogan and Nielsen 2019)
All service areas of construction businesses need innovation and
sustainability measures and major companies, like, Lendlease is
focusing on that.
Lendlease Group: one of the largest construction companies in Australia.
Lendlease’s nature of business plan, difference with competitors, and
business strategies to compete in evolving market will be discussed in
this presentation (Lendlease.com 2020)
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Company Overview
Lendlease: one of the giants in construction market of Australia.
A multinational construction enterprise, founded in 1958,
headquartered in Barangaroo, Sydney, Australia,
Serves in multiple countries of Australia, Asia, Europe and the
Americas
Revenue in 2019: $$13,414 million
Core business profit after tax, 2019: $804 million (Lendlease Group
2019)
Construction projects and ventures undertaken for individual
households, retail and commercial buildings
Major constructions by Landlease: Sydney Opera House, National
September 11 Memorial & Museum in New York, and restoration and
renovation of historic buildings such as London’s Tate Britain and
National Theatre (Lendlease.com 2020)
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Guiding Principles and Values
Guiding principles
Customer focus
Diversity and inclusion
Health and safety
Sustainability (Lendlease.com 2020)
Values
Respect
Integrity
Innovation
collaboration
Excellence and
Trust (Lendlease.com
2020)
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Nature of business plan Lendlease has integrated business model.
Two or more operational divisions, like, Investment,
Development and Construction are involved in same
project for operational efficiency
Business plan focuses on health and safety, people,
customers, financial strength and sustainability
Approach is disciplined, with strong risk management,
and controlled framework
Business is focused to create positive economic, and
sustainable outputs for partners, customers, community
and security holders
Innovation in its new construction projects is the new
business plan
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Integrated Business Model of
Landlease
(Source: Lendlease Group 2019)
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Top Competitors of Landlease
CPB Contractors
Laing O’Rourke
Hutchinson Builders
ProBuild
Nexus Infrastructure
John Holland
Fulton Hogan
ADCO Constructions
BCG Contracting (Minnock
2019)
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Difference with competitors
Landlease has more than 60
years of experience
Strong international presence
Greatly diversified asset portfolio
Steady expansion in the private
and public sector through
acquisitions
Financial stability and strong
brand name (Lendlease Group
2019)
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Business strategies to compete in
evolving market
Lendlease operates in a highly competitive global
construction industry.
Global trends in this industry influence business
strategies of Lendlease significantly
Innovation is the key agenda and achieving
sustainability through innovation is the primary goal
Business goals include:
68% urbanisation by 2050
Increase global infrastructure investment
by USD 5.1 trillion
Increase in global assets fro USD 85
trillion in 2016 to USD 145 trillion by 2025
(Lendlease Group 2019)
Lendlease will expand further in the global market
banking upon their values and growth strategies
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References
Lendlease Group, 2019. Lendlease Group 2019 Annual Report | As the world reinvents
itself. [pdf] Lendlease Group. Available at:
https://www.lendlease.com/au/-/media/llcom/investor-relations/asx-announcements/
2019/lendlease-group-2019-annual-report.pdf [Accessed 25 Jan. 2020].
Lendlease.com, 2020. About Us | Australia | Lendlease. [online] Lendlease.com.
Available at: https://www.lendlease.com/au/company/about-us/ [Accessed 25 Jan.
2020].
Minnock, O., 2019. Top 10 Construction Companies in Australia. [online]
Constructionglobal.com. Available at: https://www.constructionglobal.com/top10/top-
10-construction-companies-australia [Accessed 25 Jan. 2020].
Phung, Q., Erdogan, B. and Nielsen, Y., 2019, September. Exploring Critical Success
Factors for Managing Sustainability in Construction Projects. In 14th Organisation,
Technology & Management in Construction Conference (pp. 374-388). Croatian
Association for Construction Management.
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