Tag: Strategy
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ECITB sets out strategy to address labour market competition
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The Engineering Construction Industry Training Board (ECITB) has published its new strategy, Leading Industry Learning, outlining how it will help to address skills shortages and support industry growth. The five-year plan, from 2026 to 2030, outlines a strategy to develop the skills needed to deliver critical infrastructure across Great Britain. The ECITB forecasts that 40,000 additional…
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Newforma Appoints New SVP of Engineering While Advancing AI Strategy
Newforma has appointed Benjamin Bazso as senior vice president of engineering as the company advances its artificial intelligence strategy for the architecture, engineering, construction and owner (AECO) industry. A veteran of Samsung Ads and Houghton Mifflin Harcourt, Bazso will oversee development of tools designed to improve project and information management. The company said it will…
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Government urged to refine foundation apprenticeships strategy
EngineeringUK is urging the government to implement a series of recommendations to help refine foundation apprenticeships. In a new report, Pathways to success: shaping foundation apprenticeships in engineering and technology, EngineeringUK sets out seven criteria for the government to consider: Objectives are clear and complement other policies. Sectors with demand for level 2 foundation apprentices are identified.…
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Strong Go-To-Market Strategy: Why It Matters
Every business aims to carve out its niche in the competitive market landscape. A critical step to achieving this is developing a robust go-to-market strategy that aligns with the company’s products, services, and business goals. The crafting of such a plan requires a nuanced understanding of the target customer base, marketplace dynamics, and clear channels…
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Skanska CEO says its selective strategy reduces risk
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Remaining selective and planning for risk have been key to Skanska’s profitability. CEO Anders Danielsson said the firm has been more discerning about only taking on projects and clients in sectors where it has seen success in…
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The Hidden Value of a Well-Planned Design-Build Strategy
A well-designed design-build approach unites the design and construction stages of any given project in a single contract. When it is done considerately, it makes the process a lot easier throughout. It prevents confusion and delays. Architects and engineers can enhance their teamwork through this method. Most individuals believe that the classical approach of design…
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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Volvo CE to Divest Stake in SDLG, Refocus Strategy in China
Volvo Construction Equipment has announced plans to sell its 70% ownership stake in Chinese construction equipment manufacturer SDLG. The shares will be transferred to a fund primarily owned by Lingong Group (LGG), the existing minority shareholder in SDLG. The move marks a strategic shift for Volvo CE, which intends to narrow its focus in the…
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CLC looks to F1 and aviation sectors for new H&S strategy
The Construction Leadership Council (CLC) has studied industries that “successfully learned from catastrophic incidents” to inform its new health, safety and wellbeing strategy. CLC is launching the strategy today (1 July) at a summit with sector organisations, including the Health and Safety Executive (HSE), mental health charity Mates in Mind, the Construction Industry Advisory Board…
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‘It lays good foundations’: industry reacts to infrastructure strategy
Image: Kawee Wateesatogkij via Dreamstime.com The built environment has welcomed the funding certainty of the government’s 10-year infrastructure strategy, which includes £725bn investment over the next decade for essential projects across the country. Here’s what organisations in the built environment are saying about it. David Barnes, head of policy and public affairs at the Chartered…