Swot Analysis Of Construction Company

Introduction

Strategic development or strategic planning in any organization is about building a strategy or taking a decision about allocating its finance and resource to implement a strategy. It also leads to give a guideline on the control management of implementing that strategy. Strategic management in a construction company plays a very important function, as with each project the company needs to build up new strategies or revise the older ones. However, the constructions companies are comparatively open than any other organization, which is that they are more open to change. A construction company is usually characterized by its external environment which is based on their economic characterization which is economical, political,

A SWOT analysis is a structured planning method used to evaluate the strengths, weaknesses, opportunities, and threats in an organization. (Tuckwell, 2007). The SWOT analysis of this company is given below, where its strength, weakness, potential threats and opportunities are discussed below:

Strengths of Balfour Beatty Company

Balfour Beatty Company as mentioned above has many branches throughout the world that is and it maintains a large number of staff in all these countries which can be considered as one of the major strength of this company that it is able to manage and work in different parts of the world and is also able to maintain a large number of staff efficiently. It is one of the leading contruction companies of united kingom and has the ratio of recording the highest profitability ratios. Furthermore the company offers retail, corporate and also investment services. It has a strong conservative culture, resilience, and stable management and it was able to withstand the difficult operating conditions and enhance its risk and liquidity profile, drawing on its vast experience of managing under similar circumstances of risk and uncertainty.

Weakness of Balfour Beatty