Assignment 1
Group Number 94
Team Members: Alberto Bosco 4281772
Bram Verbaas 4133188
Emile van Hoof 5529042
Eni Iljazi 4234790
Joost Sijthoff 5556252
Lucas Boehle 4258274
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Innovating Construction Works Contents 1. Abstract
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2. Introduction to the Construction Industry and General Analysis
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Analysis and Recommendations:
3. Royal BAM Group
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4. VolkerWessels
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5. Heijmans
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6. Ballast Nedam
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7. Innovating ProcurementMethods
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8. Benchmarking Analysis and Solutions in the Netherlands
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9. Benchmarking Analysis and Solutions in a European Perspective
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10. Conclusion
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11. Bibliography
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12. Appendix
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Abstract
The leading Dutch construction companies Royal BAM Group, VolkerWessels, Heijmans and Ballast
Nedam are currently facing significant financial problems due to several underlying weaknesses internally, whilst being threatened by external competition at a European level. The nature of the problems that associate the four companies are incontrovertibly linked to the Dutch political, legal and economic environment, exacerbated by the advent of the recession and the domestic housing and credit crisis.
The aim of this paper is to analyse the symptoms, identify the key issues and provide tangible solutions to the aforesaid Dutch construction powers from both a national and European perspective.
The research and analysis of contemporary developments in the Groups’ financial positions, core operations and operational structures enabled the recognition of both specific and common solutions.
Nonetheless, the history of the industry in relation to the firms has proven to play a crucial role in determining the ability to maintain profitability and innovatively differentiate.
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Introduction
Bibliography: van de Rijt. J. & Witteween. W., (2011) Best Value Procurement in the Netherlands, Journal for the Advancement of Performance Information and Value VOL. 3 NO. 1. van de Rijt. J., & Witteween. W., (2013) Possible Barriers to a Successful Further Diffusion of the Best Value Approach in the Netherlands: Observations of Major Misunderstandings on the Concept and Theory Journal for the Advancement of Performance Information and Value VOL. 5 NO. 2 van Leeuwen. M., (2011) Using Best Value PiPS Procurement in Europe, Need for Compromise? Journal for the Advancement of Performance Information and Value VOL. 3 NO. Rijkswaterstaat, Ministry of the Infrastructure and the Environmnet. (2015) Taken from: http://www.rijkswaterstaat.nl/en/ Cabinet Office, New Models of Construction Procurement (July 2nd 2014). Introduction to the Guidance for Cost Led Procurement, Integrated Project Insurance and Two Stage Open Book. Dorée. A., & van Duren. J., (2008). An Evaluation Of Performance Information Procurement System http://pbsrg.com/bestvaluemodel/netherlands/literature/ Butzengeiger, S., & Horstmann, B. (2004). SeaLevel Rise in Bangladesh and the Netherlands. Opgeroepenop February 25, 2015, van Germanwatch.org: http://germanwatch.org/download/klak/fbmse.pdf Riemsdijk, A. v. (2013, October 29). binnenland. Opgeroepen op February 25, 2015, van Beurs: http://www.beurs.nl/nieuws/binnenland/3282318/verzekeraarsramenstormschadeopeur95miljoen Houtenkamer, C. (2015) Hoera, er wordt weer gebouwd! , NRCnext February 27 de Waard, P. (2014, November 5) http://www.volkerwessels.com/nl/financieel/jaarverslag2013 Deguelle, M. (2014, October 15). Insights . Opgeroepen op February 26, 2015, van AbnAmro: https://insights.abnamro.nl/slimmetechnologieleidttotdoorbrakenalleeconomischesectoren/ Strukton. (2013). Annual Report 2012. Opgeroepen op February 22, 2015, van www.strukton.com: http://www.strukton.com/financeandgovernance/annualreport/previousannualreports/ Strukton. (2014). Annual Report 2013. Opgeroepen op February 22, 2015, van www.strukton.com: http://www.strukton.com/financeandgovernance/annualreport/ IQwoning, (2015, February 27) http://www.ballastnedam.nl/page_12649.asp Phoenix Ltd. A15, (2015, February 28) http://www.ballastnedam.nl/newspage_13795_1845.asp Annual report, (2015, February 27) http://www.ballastnedam.nl/content/files/SITE2/annualreports/annual_report_2013.pdf Divestment programme update, (2015, March 1) http://www.ballastnedam.nl/content/files/2014.024_EN.pdf Offshore sale to van Oord, (2015, February 23) http://fd.nl/beurs/925510/ballastnedamverkooptdeoffshoreactiviteitenaanvanoord Third quarter trading update, (2015, February 25) Approach for overtake, (2015, February 28) http://www.nrc.nl/nieuws/2014/12/31/ballastnedambenaderdvoorovername/ Deloitte 2013 EPoC (June 2014) Deloitte 2012 EPoC