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Building a Successful Global Engineering and Construction Company

Publication No
RS263-1
Type
Research & Development Product
Publication Date
Jul 01, 2010
Pages
21
Research Team
RT-263
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DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
The globalization of engineering and construction (E&C) services is a part of the much broader market trend toward the globalization of all services; this larger trend has had far-reaching impacts in recent decades on work practices, workforce dem
Key Findings
For engineering and construction organizations to globalize effectively they must evolve beyond users of global resources into ventures that effectively operate in and integrate into a global market. (RS263-1, p. 2)

The engineering and construction industry globalizing index has two dimensions:

  1. Global Reach
  2. Global Integration (RS263-1, p. 5)

  • Global Reach – refers to scope of the company’s business and/or operations. To quantify an organization’s "Global Reach" the following four (4) Critical Success Factors (CSF) shall be known. 

    • Percentage of International revenue
    • Percentage of countries with a presence; significant operations or small local office
    • Regions where more than 5% of Total Revenue Earned
    • Percentage of Non-Domestic employees
 

  • Global Integration – globally integrated organizations shall have the following eight (8) attributes. In addition, the study identifies 46 Critical Success Factors (CSF) spread across these 8 attributes. The CSFs are detailed in the research report. 

    • Executive Commitment
    • Key Management Personnel
    • Work Distribution
    • Financial Management
    • Crisis Management
    • Environmental, Health & Safety
    • Learning & Knowledge Sharing
    • Quality Management Systems
With the help of Analytical Hierarchy Process (AHP) the GIAW ranking were determined for the 8 global integration attributes as presented in the table below. (RS263-1, p. 7)
Filters & Tags
Knowledge Area
Business and Project Processes, Project & Program Management
Project Phase
Feasibility, Concept, Detailed Scope, Detailed Design (Engineering), Procurement, Construction, Commissioning & Startup, Handover & Closeout
Project Function
Project Business Sponsor, Project Management, Procurement & Contracts, Construction, Health, Safety & Environmental, Risk Management, Quality Management, Business Development & Proposals, SBU/Corporate Functions, External Stakeholders
Industry Group
Light Industrial, Heavy Industrial, Buildings, Infrastructure
Research Topic
Globalization
Keywords
Globalization, Global Integration, Global Reach, Executive Commitment, Key Management Personnel, Financial Management, Learning & Knowledge Sharing, Quality Management System, Global Optimization Mode, Global Mature Mode, Global Entry Mode, Global Expansi

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