Understanding Balfour Beatty
To achieve our strategic objectives of growth in new markets, delivering greater value to the client, improving operational performance and continuing to show leadership in values and behaviour, our business model leverages our strong local presence in multiple geographies alongside global, end-to-end asset knowledge.
We draw on our global knowledge, across the infrastructure lifecycle to develop innovative assets to create and support tomorrow’s communities, today.
Balfour Beatty has a distinct competitive advantage
Strong local businesses, close to clients, committed to local communities, in touch with local supply chain
- Established geographies
- Target geographies
- Professional Services footprint
|Established geographies||Target geographies|
Australia & New Zealand
UAE & GCC
Employee figures include joint ventures and associates.
Strong local businesses
Local presence allows us to align with our clients – most of whom are based in a single country – and be closer to them. That allows us to better understand and respond to their needs.
It also means that, as local organisations, our clients value the commitment we show to the communities we serve. By committing to and investing in these communities, we provide training and development, create long term employment opportunities, and support sustainable economic growth. This can be seen across our business through our apprenticeship, graduate training and outreach programmes.
With deep roots in a community we are also able to create resilient businesses by developing a rigorous approach to risk management. Being on-the-ground gives us an intimate understanding of the local operating environment and, crucially, its local supply chain. As most projects in our industry are delivered through that supply chain, local presence helps in every part of our business; and where we take delivery risk ourselves, it's absolutely critical.
We have this deep rooted presence in a number of countries around the world already.
From our foundation in the UK we've built strong domestic businesses in the US, Hong Kong and the Middle East. Experience has taught us that this model works much better than an expeditionary fly-in fly-out approach.
We have then continued to expand our coverage into our chosen target geographies. We aren't starting from scratch in these countries: we already have a presence, in some cases a significant one – gained largely through our acquisition of Parsons Brinckerhoff in 2009.
For example, we now have over 3,000 people in Australia, around 350 in Canada, 300 in South Africa and 300 in India.
These are solid foundations on which to expand our activities in these regions.
Intensive expertise across the full asset lifecycle, enhanced offerings and integrated solutions
Combined with our local presence, we also have global end-to-end experience and understanding of infrastructure assets. That gives us an edge on three levels:
- being investors and developers, we also understand the owner's perspective. In fact, we can actually develop, structure and finance investment projects as well as deliver them
- through design and planning, we can leverage strategic relationships and early engagement with clients – this means we can get early visibility of opportunities, help to shape how projects come to market and generate opportunities ourselves
- we can design better because we understand the construction and operational issues – and conversely, we can construct and operate more effectively because we understand the engineering issues.
Our end-to-end knowledge adds value to all our work. Not just on integrated contracts where we're providing all these skills to one project, but also in single service contracts where our understanding of the full lifecycle makes us a better designer, or constructor, or maintainer, or operator.
World class solutions, global best practice and knowledge sharing, coupled with international teams
And our knowledge isn't just end-to-end. It also cuts across all of our core geographies. We are using this international expertise, across the whole asset lifecycle, to help us grow in our target market sectors. We are doing this through global sector teams that link up all the different parts of the Group around the world that are active in these sectors. These teams are responsible for knowledge flow, specialist resources, global strategy, and coordination of global customers.
Our business model will deliver value for all our stakeholders
- Relentless focus on excellent delivery
- Innovative and sustainable solutions
- Safe working environments
- Allocate capital to strategic areas of growth
- Focus on economic infrastructure to increase resilience
- Manage costs to facilitate consistent margins across business cycles