CRH Management Case Study

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Management
Management Team
One of the reasons for CRH’s great success is down to the management team within the company. The management team aims to develop the company as a whole and tries to hit the goals which the company is aiming for and maintain the success the company has had in previous years.

According to CRH’s Characteristics there are three ways in which the company acquire there managers:

• Internally developed operating managers who have room to grow
• Highly qualified finance and development professionals, business builders with vision
• Owner-entrepreneurs who have joined with their companies and who question the status quo
This gives the CRH management team additional insight and experience in many different areas from employees …show more content…

This step entails reviewing the performance of the staff whether it’s as a whole or individually. The team collects any info from the previous steps and assess the team/individual within a meeting where staff can respond with feedback.

Ethics

CRH has a dedicated department for Compliance and Ethics, the main group of this department intend to deliver the best strategies and the direction for the company to do their business in a responsible manner. This team provides assistance and the necessary needs with the management team to provide the CRH workers with the valued training they need and to allow the employees understand the responsibility and values which they need, this also allows the workers to always have the chance to do the right thing or get the help they need to go in the right direction.

The company vows to put business ethics at the front when dealing with anyone the company may do business with and the communities wherever the business is carried out. CRH have three core ethical values in which they stand by as stated in there code of conduct:

1. Integrity
2. Honesty
3. Respect for the …show more content…

Charles Haughey was offered chairmanship in the company after the death of Sean Lemass in 1972 but before this in 1969 CRH otherwise at the time known as Roadstone Ltd sold large amounts of land (80 acres) to Charles Haughey who at the time was the minister of finance, this was sold to him for a fee of 120,000 pounds. Four years later about 22% of this land (17.5 acres) was sold back to CRH for a huge fee of 140,000 pounds, giving Charles Haughey a profit of 20,000 pounds. This then was followed by the Ansbacher

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