Financial Report of Arup Group

2341 WordsJul 28, 201310 Pages
The Arup Group Financial Report Contents Introduction 1 Market Research 2 Analysis: * PESTLE 3 * SWOT 5 * Porter’s Five Forces 6 Finance 7 Conclusion 10 Bibliography 11 Introduction Arup is a professional service firm specialising in engineering, design, planning, and project management and consulting services for the built environment. Arup is a global firm, present in Africa, North and South America, Australasia, Europe, Asia and the Middle East. It has nearly 10,000 staff based in 92 offices spread over 35 countries with its headquarters situated in London, UK. Sir Ove Nyquist Arup started the firm known as Ove N.Arup, Consulting Engineers in London in…show more content…
Projects can cost up to millions and sometimes billions of dollars for large scale projects. * There are many other civil engineering companies to choose from, with over 60,000 shown on the FAME website. Opportunities * Small and large economical projects in developing countries, for example buildings in poorer parts of the world where there is not enough funding for such projects to protect against the future effects of climate change [21] * Sporting venues show innovation [22] Threats * Rival companies * Economic downturn – banks not lending, workers on strike can cause delays and rise in costs for projects [13] * Deadlines * Rise in costs [12] Porter’s 5 Forces Michael Porter’s Five Forces is a tool with which to analyse competitors in industry by analysing five factors. Supplier Power * Structure of industry – Arup is a global company and does not depend on 1 supplier, for each project around the world the supplier will be whichever is closest to the project, different raw materials depend on costs and their location * Ease of obtaining workers – the firm is comprised of engineers which may have their own preferred contractors/builders that work for the duration of the project Buyer Power * Ease of switching – very easy, once the project is finished there is nothing stopping the buyer to go to
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