Business Analysis : Kier Group Plc

1939 Words Nov 23rd, 2014 8 Pages
1. Introduction 1.1. Kier Group PLC Kier Group Plc introduces itself as one of the leading residential, property and construction services group. With operations across UK, Middle East, Caribbean and Hong Kong, China, this organisation employs over 15,000 people and has headquarters based in Sandy, England. “J. Lotz and Kier” was found in 1928 by Danish engineers Jorgen Lotz and Olaf Kier and was renamed to Kier Group in 1992. Now it is one of the most respectable organisations in the industry since its establishment. Kier Group may be proud of its multitude awards in Training and Development, Sustainability, Apprenticeship, Customer Service, Safety and many more. 1.2. Construction and Engineering Industry Construction and Engineering Industry is mostly dominated by small or medium sized companies and organisations. Since the Economic Recession 2008 this industry suffered a severe impact as demand reduced significantly. Most of services provided by construction industry are highly expensive so sales dropped accordingly. However, there are signs of recovery being in process. Most powerful companies like Kier Group survived rough economic state and continues to proudly serve the customers. Main competitors for Kier Group that operate in same industry are Balfour Beatty, Carillion, Laing O 'Rourke, Interserve and Morgan Sindall. The three latest ones outrun Kier Group by a very small margin in recent turnover. Balfour Beatty and Carillion have dominated industry…

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