Introduction XYZ Construction Inc. is concerned about the economic and legal factors that could affect the organization, particularly as the company transitions during these upcoming months from a private company to public ownership, or, initial public offering (IPO). XYZ must be concerned with the legal environment of our business, which is the basic set of rules, and laws that surround the atmosphere of business in general, and the industry that frames XYZ Construction Inc. This document will first describe the business environment for XYZ Construction Inc. Next, this paper will analyze the legal factors XYZ will face during this transition, and the activities our employees will need to become familiar with in order for XYZ to remain competitive. Remaining within the constraints of rules and regulations regarding new contracts that our organization will face prior to; during; and after this significant shift to becoming a publicly owned entity. Business Environment for XYZ Construction Inc. The horizontal construction industry, in contrast, is primarily made up of local and State agencies that are charged with efficiently serving the public and spending public funds. Contract awards are typically to the lowest bidder and risk is often avoided because of the potential liability associated with possible failures resulting from the use of new materials, technologies, and approaches." (United States Department of Transportation - Federal Highway Administration, 2005) Although XYZ Construction Inc. is currently a horizontal company, with the rapidly approaching IPO, and imminent transition to becoming a publicly owned corporation, it will be necessary to prepare our employees with the skills to remain competitive in today’s d... ... middle of paper ... ...a7%40sessionmgr198&vid=1&hid=116&bdata=JnNpdGU9ZWRzLWxpdmU%3d#db=ofs&AN=77345367 United States Department of Transportation - Federal Highway Administration. (2005). From Vertical to Horizontal: Learning from the Innovations of the Building Construction Industry. Focus(FHWA-HRT-05-029), 1. Retrieved from www.fhwa.dot.gov Web site: https://www.fhwa.dot.gov/publications/focus/05aug/02.cfm YiannisK. (2013). In StudyMode (Ed.), What is GDP and why is it important? Retrieved from StudyMode.com Web site: http://www.studymode.com/essays/What-Is-Gdp-And-Why-Is-40525519.htmlBeardsley, S. (2009). Managing regulation in a new era. Mckinsey Quarterly, 1(1), p90-97. 8p. Retrieved from ebscohost.com Web site: http://eds.b.ebscohost.com.proxy1.ncu.edu/eds/detail?sid=d7105873-2f7d-4b58-80d8-c7b94d0f5a87%40sessionmgr113&vid=1&hid=116&bdata=JnNpdGU9ZWRzLWxpdmU%3d#db=bth&AN=36387187
Ferris H. Hunt S. Destination Vventricular assist devices for heart failure #205. J. Palliat Med. 2009; 12(10):956-957
Such a reputable Canadian company can only encourage entrepreneurs to reach for the stars in their business endeavour’s. Learning about how a Canadian company achieved such a position in many of the industries can only encourage readers to work harder for their goals. After reading this report, you will gain an in depth understanding of the operations that go on every day at an inspiring world leading engineering and construction company.
Attention Getter: A week and a half ago, there was a news article reporting that Dr. Bud Frazier was being honored for performing the most heart transplants nationwide. Specifically, he performed 1,500 heart transplants and implanted 1,000 left ventricular assist devices. He is also the man who invented the device. Where did the remarkable research and advances begin for organ transplants in human beings, and how did it make progress?
It is estimated that there are nearly 50,000 people around the world that are in need of heart transplants. The average wait time for a donor heart is four to six months. For a patient with end-stage heart failure, a ventricular assist device or total artificial heart may be viable options to serve as a bridge to heart transplantation (Trivedi, 2014).
There have been many great inventions that have shaped our world for the better throughout the years. Some of those inventions have been created by minorities. For example some of them have been the first Airplane, Telephone, Computer and many others. One of the most useful inventions that have saved many lives and has made the world a better place have been the Heart Inventions. The Heart is the organ that keeps every human being alive. The heart is also the first organ to develop. Although, sometimes individuals are born with heart conditions technology is always there. In some cases the heart has to be removed and an Artificial Heart has to be implanted. The Artificial Heart has been one of the most significant inventions created.
With a variety of procurement routes to choose from, how can one facilitate the selection of the most appropriate construction contract and avoid situations where the owner insists on using a less appropriate one? How do we begin to focus the conversation on training, and updating efforts to create a reduced number of documents (Construction Canada, 2014)? In the next chapter this dissertation will further analyse the trends and investigate how different procurement routes naturally align themselves in certain asset classes in
They have now invented a “beating heart transplant.” It consists of a mechanical system to keep the heart beating, while it is being transferred to the candidate. Statistics have proven that these candidates have a higher recovery rate, because of the “beating heart.” Throughout reading above, it is a given that organ donation is vital to saving lives, but it is not deemed proper to be made mandatory.
Our Vision is to become one of the preferred choices of players in the construction industry
XYZ Construction Inc. is headquartered in Denver, Colorado; the company has 16 field offices spread throughout 11 States. There are 2,300 year round employees with a surge of 4,500 employees during the peak construction periods. XYZ Construction Inc. began in the late 1950’s as a privately owned family business. Recently, the family would like to move the company into the public sector within a 12 month period. XYZ Construction, Inc. performs horizontal construction with specialties in: Roads Bridges Airfields (Klinger, 2012).
Moving away from the functional silo structures to the pure project structure works well in some industries such as the construction industry. It entails a fixed ...
Initially, a candidate for the use of a VAD was a patient who no longer responded to any of the traditional pharmacological or surgical options for the treatment of heart disease. Therefore, those who were in critical need of a heart transplant would be
Asmar et al. (2013) found that IPD has been gaining recognition due to the various benefits it offers to the architecture/engineering/construction (AEC) industry and that much research has not been done to gauge the performance of IPD projects in contrast with other project delivery systems such as design-bid-build, design-build and construction management at risk systems. The metrics that are used to analyze the performance of IPD according to Mollaoglu-Korkmaz, Swarup and Riley (2011) are cost, quality, schedule performance, and owners perception of post-occupancy performance)
Construction is a huge, complex and high risk industry. To survive in such a competitive environment, most companies try to find their own niche markets where they can prove to be successful. Most construction projects are awarded to one of the local contractor within a certain proximity to the job location, so that their expertise on local labor, materials and market conditions can ensure the success of a project. This results in these companies executing a major part of their jobs in the region they are based out of. They remain profitable and content with
Although this paper does not require extensive hours of research, analysis, or intellectual capacity, it was equally as challenging on a deeper personal level. The one-week I have attended staff training at Bridge Builders in Montgomery, has been overwhelming, intense, incomprehensible, and incredible. Therefore, attributing to the challenging nature for writing such a paper.
Imagine waiting in a hospital room for days, weeks, even months until the doctor comes in and informs you that they finally have a heart that they can use in your heart transplant. While it is difficult to obtain the organs needed in the procedure, the fact that organ transplantation is possible is a luxury in and of itself. The possibility that a piece of you can be removed and replaced by another is astonishing. This discovery of organ transplantation has affected and aided so many people since 1954 after the first successful kidney transplant and will continue to save lives in the future.