MGT5EBP: A Report on Meriton Group - Entrepreneurial Venture Analysis

This report provides an analysis of Meriton Group, founded by Harry Triguboff, as an entrepreneurial venture, focusing on its growth and impact within the Australian construction industry. It evaluates Meriton's business model, venture opportunities, and its interaction within the ecosystem, including its contribution to Australia's GDP. The report also touches upon the company's shift in focus towards childcare facilities, recreational, and retail projects, along with serviced apartments, highlighting its evolution and sustained entrepreneurship.

Introduction

Introduction
 Meriton developers is Australia’s largest developer in terms of
apartments and also the country’s biggest home residential builders.
It was founded by Harry TriguboffAO in 1963.
 He is still the chairman and the CEO of the company (Allman, K.
(2015).

Interaction of the venture within the ecosystem
 Participants in investment activities that perform general contracting
and special types of work that require appropriate certification of the
performer.
 It must must have an authorization document (license, certificate of
registration in a self-regulatory organization - SRO) for the right to
carry out this type of work

Venture opportunity evaluation and
execution of entrepreneurship opportunities
 In size, construction organizations (enterprises) are divided into large,
medium and small.
 Over the past 50 years, Meriton group under Harry Triguboff is
estimated to have constructed more than 65,000 residential serviced
apartments on the east coast of Australia.

Venture opportunity evaluation
 It is also responsible for developing accommodation units and offer
affordable serviced accommodation in 17 location (Damodaran,
2016).
 It accounted to 10 % of all the started residential and multi-unit
dwelling started in Australia.
 It accounted to 29% of all residential units constructed in 2014 in
New South Wales.

Business Model
 At the same time in Meriton group, the analysis technique allows us
to identify those cases when changes in the industry led to
fundamental transformations of business models.
 When it makes sense either to leave the business or to find new
opportunities for growth based on a new business model that allows
sustainably to carry out profitable operations (Easton, 2018).
 The projects equated to 0.05% of Australia GDP.
 In recent years, the company has shifted its construction focus to
providing childcare facilities, recreational and retail projects. It is also
providing serviced apartments.

references
 Allman, K. (2015). Impact Investment: A Practical Guide to
Investment Process and Social Impact Analysis. John Wiley & Sons.
 Damodaran, A. (2016). Damodaran on valuation: security analysis for
investment and corporate finance (Vol. 324). John Wiley & Sons.
 DeFusco, R. A., McLeavey, D. W., Pinto, J. E., Anson, M. J., & Runkle, D.
E. (2015). Quantitative investment analysis. John Wiley & Sons.
 Easton, P. D., McAnally, M. L., Sommers, G. A., & Zhang, X. J.
(2018). Financial statement analysis & valuation. Cambridge Business
Publishers.