The report will look into Willmott Dixon Group and its current business performance and its ability to meet the demands of the business environment over the next five years. Construction output was cut by an estimated 13% in 2009. It was predicated total job losses between 2008 and 2010 are expected to reach 375, 000 by less than 100,000 by 2014. The Construction Skills Network report also warned of marginal output declines for this year, and predicted that consistent “slow and steady” recovery would not begin until 2011. Over the whole of the 2010 to 2014 period construction output is expected to average 1.7% growth each year.
Willmott Dixon Group is one of the leading construction and related services companies in the UK. The company is involved in building and design, building maintenance, interiors, space solutions and property management. The Willmott Dixon group is privately owned construction and property development company responsible for a diverse range of projects in both private and public sectors.
The strategy the group have adapted for the past few years was to focus more on public sector work as it was more of guarantee rather than private sector. This has worked for the group as they have grown dramatically in size and turnover has increased over the years which will help the group achieve a turnover of 1 billion by the end of 2010. After analysing different sectors and using appropriate analysis techniques it is clear that different business strategies are needed for Willmott Dixon for future years. By adopting the recommendations mentioned, Willmott Dixon will decrease the level of risk associated with a particular operation as risk is more equally spread. There is also strong evidence to suggest the sectors mentioned will experience significant growth in the market over time.
Introduction The report will look into Willmott Dixon Group and its current business performance and its ability to meet the demands of the business environment over the next five years. The report will also highlight the various elements of the business environment. Different techniques will be used to discuss the key factors in the business and assessment of the current strategy. A proposal will be mentioned in the report which will illustrate a business plan and strategy to increase the business and also the financial implications will be looked at for the proposed strategy.
Present Industry climateThe conditions for construction remain extremely challenging despite data for the fourth quarter of 2009 expected to show that the economy had begun its long road to recovery. Following on from 2009’s sharpest fall in construction on record, the industry is expected to contract a further 3% in 2010 prior to a return to growth in 2011 with the result that the construction industry will have suffered a deeper and more prolonged recession than the economy as a whole. (Construction Industry Forecasts, 2009, 2010)
Construction output was cut by an estimated 13% in 2009. It was predicated total job losses between 2008 and 2010 are expected to reach 375, 000 by less than 100,000 by 2014. The Construction Skills Network report also warned of marginal output declines for this year, and predicted that consistent “slow and steady” recovery would not begin until 2011. Over the whole of the 2010 to 2014 period construction output is expected to average 1.7% growth each year.
Review of Business Environment In this section of the report the various elements of the company’s business environment will be highlighted. Willmott Dixon Group Willmott Dixon Group is one of the leading construction and related services companies in the UK. The company is involved in building and design, building maintenance, interiors, space solutions and property management. The Willmott Dixon group is privately owned construction and property development company responsible for a diverse range of projects in both private and public sectors. The company also provides construction consultancy, community development, master planning, Performance measurement, Eco Homes and integrated teams.
