StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Measures to avoid the collapse of Jarvis construction - Essay Example

Cite this document
Summary
Jarvis was once the leading construction company in the United Kingdom. Jarvis Construction Company failed to have a high commitment to strategic organizational management…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Measures to avoid the collapse of Jarvis construction
Read Text Preview

Extract of sample "Measures to avoid the collapse of Jarvis construction"

? MEASURES TO AVOID THE COLLAPSE OF JARVIS CONSTRUCTION Jarvis was once the leading construction company in the United Kingdom. Jarvis Construction Company failed to have a high commitment to strategic organizational management. The company needed to adopt a systematic way of planning and thinking that would ensure the sustainability of competitive advantage. Jarvis Construction Company could have avoided collapse by ensuring an intensive analysis of the environment prior to formulating strategies. This should have been followed by a clear plan of implementation to ensure the mission of the construction firm remains on track (Adamson and Pollington, 23). Organizational strategic management demands that a company must remain in control of its strategies of operations. Jarvis construction lacked extensive external analysis in the United Kingdom construction industry. This caused the management to squander the opportunities available within the construction market. The conflict between price water house coopers and Jarvis was an early indicator of strategic collapse of weakening. The management of the company failed to appreciate the fact that strategies are not always implemented exactly as planned (Radosavljevic and Bennett, 19). Strategic organizational management in the construction industry demands flexibility depending on the market pressures and the need to retain competitive advantage. The unforeseen environmental events affected the performance of the company adversely (Adamson and Pollington, 23). This could have been avoided by appreciating the gap between the strategies which are intended and those realised. The invariable changes in the course of implementation lead to profit warnings and inevitable losses. The management needed to have a constant strategic action with is dynamic and responsive to market pressures. The management of Jarvis Company could have invested in skilled and analytical thinkers. The training of personnel capable to digesting data and bring out the desired direction. The first change in the construction and the rising competition was not addressed in time. The failure of the company to adapt to the environmental influences has a profound effect on the firm (Radosavljevic and Bennett, 19). The management of the company needed to utilize industrial organization to ensure that the industry maximized its competencies and resources (Adamson and Pollington, 23). This would have course Jarvis Construction Company to influence the strategies of the rival companies or even alter the industrial structure in the United Kingdom. An analysis of the operations shows that Jarvis Construction Company lacked a distinctive competence despite the strong reputation and decades of experience, the construction giant succumbed to the gradual market pressure which can be attributed to lack of operating strategy. The value of the company continued to fall (Radosavljevic and Bennett, 19). The management of Jarvis Construction Company failed to enhance its tangible and intangible assets. These included information, equipment, capital and knowledge. The management of the Jarvis admitted failure in delivery of quality services of London-Glasgow express. This could have been avoided by ensuring that the operational strategy is run effectively and effectively. The risk management strategy of the company needed to be reinvented to address the current threats to within the construction industry (Adamson and Pollington, 23). This is evidenced the results of the Potters Bar crash in Hertfordshire in 2002. The company needed to invest in sustained competitive advantage through excellence in service delivery. Systematic and comprehensive financial strategies could have been used to ensure the company avoided a financial meltdown. The financial advisers of Jarvis Construction Company should have helped the company to capitalize of the favorable market situations. Overreliance of a single client posed directly threats to the financial stability of the company (Radosavljevic and Bennett, 19). Diversifying clients and building a robust and effective capacity can ensure that withdrawal of the single client does not plunge the company into losses (Adamson and Pollington, 23). Construction of long-term viability programs and financial strategies would have ensured that Jarvis remained competitive. The management of Jarvis insisted that the trading conditions remained an enormous difficulty. The company needs to rebrand and reinvent its strategies and outlook (Radosavljevic and Bennett, 19). This can be used to rectify the negative outlook that the company has been getting. The suspension of shares, failure to secure financial support from lenders and the issuing of profit warnings indicates the negative image of the company (Adamson and Pollington, 23). This can be resolved through intensive campaign to rebrand. The ability of Jarvis Construction Company to win new tenders should be enhanced by reconstruction of the firm’s image. Overdependence on Network Rail inspired to lessening of creativity and conservativeness. The leadership of the largest construction company in the United Kingdom has been vulnerable to pressures. Development of new solutions to meet emerging demands in the UK construction industry is central in the profitability (Adamson and Pollington, 23). Strategic integrity could have helped the company to avoid accidents that hurt the image of the company. The management needed to ensure that there was a shared understanding of the mission and the direction of the construction company (Radosavljevic and Bennett, 19). This averts credibility loss and ensures cohesiveness of the organizational operations. Strategic ambiguity in terms of standards of service delivery and management of resources can be reduced through training. Market analysis should be used to reshape the strategy and operations of Jarvis Construction Company. This should address the internal organizational aspects that are weakening the operations of the company. Increasing teamwork and reducing organizational hierarchical structures can improve the performance of the organization (Radosavljevic and Bennett, 19). This should include ensuring the employees are motivated. The instability and the threats of layoffs have been affecting the performance of the employees. Jarvis of Construction Company needs have a lean and effective workforce (Adamson and Pollington, 23). This should be accompanied by enhanced remunerations and investment in the relevant competencies. The company needs to understand the operations and capabilities of new market entrants and competitors. To curb the growing competition, the construction company needs to introduce unique and competitive resources and services. Competitive strategies need to be launched after the market research. The strategies should include timely execution of strategies, meeting with stakeholders and creditors. Works Cited Adamson, David M., and Tony Pollington. Change in the Construction Industry: An Account of the Uk Construction Industry Reform Movement 1993-2003. London: Routledge, 2006. Print. Radosavljevic, Milan, and John Bennett. Construction Management Strategies: A Theory of Construction Management. Hoboken: John Wiley & Sons, 2012. Print. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Measures to avoid the collapse of Jarvis construction Essay”, n.d.)
Measures to avoid the collapse of Jarvis construction Essay. Retrieved from https://studentshare.org/management/1482513-what-measures-would-you-have-taken-to-avoid-the
(Measures to Avoid the Collapse of Jarvis Construction Essay)
Measures to Avoid the Collapse of Jarvis Construction Essay. https://studentshare.org/management/1482513-what-measures-would-you-have-taken-to-avoid-the.
“Measures to Avoid the Collapse of Jarvis Construction Essay”, n.d. https://studentshare.org/management/1482513-what-measures-would-you-have-taken-to-avoid-the.
  • Cited: 1 times

CHECK THESE SAMPLES OF Measures to avoid the collapse of Jarvis construction

Ethical Issues for Engineers Working in a Design Engineering Company

Engineering ethics dates back to the onset of the 20th century when major engineering work failures where witnessed like collapsed bridges, Quebec bridge collapse (1907) and Tay Bridge disaster of 1879.... Sometimes engineers working in design companies are faced with ethical dilemmas when a conflict of interest arises between the duty of company and duty to conserve and promote the welfare of the community....
4 Pages (1000 words) Essay

Violence in Sports is Because of the Media

Violence and Aggression in Sports is Because of the Media Name: Course: Instructor: Date: Abstract This essay will explore violence in sports and will seek to determine whether or not the largest contributing factor of violence and aggression in sports is as a result of media coverage.... hellip; Cases for and against this argument will be cited, examined and quantified as to the basis and relation to the subject matter....
11 Pages (2750 words) Research Paper

Historical premises in Southampton City

The project is designed to achieve Code Level 5… A construction project in historical premises in Southampton City Introduction Linden Homes are the selected developer for the Lower High street site by Southampton City Council.... Suitable Forms of construction for Development Foundation of a building should be proportional to an interface soil at a given stress level, and to acceptable limits of settlements.... This method of piled foundation will be best for the construction of Linden Homes because: Soil structure that is of soft or poorly compacted will be dealt with well The proposed structures are highly concentrated loads; they are up to four storey's high According to Whitaker, Piles will carry exerted load through end bearing and shear stress mobilizations....
4 Pages (1000 words) Book Report/Review

Defining Ground Subsidence, Effects of Subsidence on Structures

ed subsidence occur as a result of withdrawal of fluids from subsurface reservoirs as shown in Figure 4, from the collapse of soil and rock over subsurface holes, such as those left by underground mining and from the draining of wetlands.... Subsidence is commonly associated with the dissolution of soluble rocks, such as limestone, beneath the surface while those with crystalline rocks in which most metals are mined have greater strength and are less likely to settle or collapse....
23 Pages (5750 words) Essay

Methods for Aortic Aneurysms Diagnosis

Modern treatment of aortic aneurysms began in the early 1930's.... And much ado has occurred over the issue in regards to aortic aneurysms per se in the last three decades.... Controversy has sprung up in the manner of diagnosing it clinically, confirmation for the establishment of a pre-operative diagnosis, its etiology and pathogenesis, its methods of surgical treatment and its probable outcome after surgery....
20 Pages (5000 words) Essay

CURRENT ISSUES IN MANAGEMENT

The various social researches have revealed that organizations are willing to take risks and make decisions to avoid losses rather than with the desire to make profit.... It is important that strategic planning involves more proactive and innovative measures to meet the exigencies of competitive business....
12 Pages (3000 words) Essay

Transport in Sandikhola Village

The problems that were identified by Nepal Water for Health (NEWAH) were characterized into… They include: Housing and construction, Waste supply and sanitation systems (WASH), Energy, Waste management, Climate change, Information communications technology, and Transportation (Engineers without borders institute, no date). The Common means of Currently, the roads in the area are compacted with walkways made of stone or compacted soils.... Understand methods of construction that can be used to solve transport challenges from relevant textbooks....
7 Pages (1750 words) Assignment

Antwerp Construction Company - Occupational Health and Safety, Steel Building Collapse

In addition to these, this paper will also look at the various steps that have been undertaken by the company in the past, present, and future in an effort to avoid instances such as the recent accident in one of the construction sites.... This paper "Antwerp construction Company - Occupational Health and Safety, Steel Building Collapse" tries to capture the accident that occurred in one of the company's construction sites, and the events that led to the occurrence of the accident altogether....
18 Pages (4500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us