Fletcher Building Company Fletchers started their business in the construction sector in 1909. Timber weatherboard house in Dunedin, New Zealand was their first project and they built it. They remain the leading construction company in New Zealand until 2001. In late 2001, they change their name The Fletcher Building Company on the stock exchange of New Zealand. Their main office is in Penrose, Auckland.
That’s because mechanical engineering careers center on creating technologies to meet human needs. Virtually every product or service in modern life has probably been touched in some way by a mechanical engineer to help humankind. Which includes solving today’s problems and creating future solutions in health care, energy, transportation, world hunger, space exploration, climate change, and more. Therefore making Mechanical Engineers one of the worlds greatest impacts in any type of problems the world faces. Many Engineers come together to improve inventions they have already created.
I believe this is due to the length of time Toyota has been in business and practicing these Lean principles. Lean does not happen overnight, it is a company lifestyle. By creating the Lean principles Toyota has held everyone within their company accountable for its success and raised the bars for its competitors to do the same. We live in the 21st century, our world, especially technology is ever changing. There is a constant demand to upgrade and excel at the new latest and greatest product.
Such a large amount has improved so rapid as cities grow and technology advances, engineering is moving along with the tide. Engineers that grow and see their world of work improve every day because of certain advances in technology all depending on their field. This how engineering features evolved into what they are today from with in the last two decades; and how the change will continue to advance as modern Technology embraces a post modern era. Engineering has existed since the earliest times of culture and perhaps is one of the older lines of labor on earth (the earliest invention of engineering goes back as early as the invention of the wheel). It’s extraordinary that we came so far since the discovery of the wheel, the technology that has been accomplished today just engulfs the minds of people.
“Domestically, the construction industry is largely decentralized and generally in a defensive mode.” (Building for Tomorrow) It’s understandable that many foreign conglomerates want to buy up domestic firms, but there are many smaller businesses that provide a balance to prevent total takeover. In the international construction market, there is much competition, and cost competition reduces much of the potential for domestic markets to expand overseas. (Building for Tomorrow) SWOT analysis Strengths of the Construction industry include staying power for the industry, yet not as much so with individual companies. Government contracts are a big attractor to the industry and offer well compensated opportunities, as well as the fact that one is creating something from scratch that is designed to be a dwelling. Weaknesses include the decentralized chunk of the industry that seems unstable even though the industry itself is never going away.
1) When considering the business environments, I believe the technological environment to have the greatest impact on most businesses today. Modern communication tools allow for constant connectivity of employees, able to further enhance their productivity and availability. We’ve already seen shifts due to technological advances in the unemployment rate as “workers are so productive that fewer are needed” (Nickels, 14). These advances will continue to push businesses to adapt and will cause further shifts in the types of jobs available to modern society as well as how companies will hire. As our text notes “in the years since the recession of 2007-2009, freelancers have become more important to the business world than ever before” (Nickels,
The Industrial Revolution began over two centuries ago and has had a major impact on every current world power. It began in a group of islands off the North West coast of Europe and has been imitated or tried by every nation looking to increase its wealth and power throughout the world. Industrialization came out of the basic ideas of capitalism because it fostered to individuals who were willing to take high risks in hopes of high returns on their investments. These investments included factories and machines that would be put to use by people to better their standard of living. These entrepreneurs would return their profits back into the expansion and improvement of their factories and machines.
With huge opportunities in this industry due to the overall growth of the economy and government initiatives, by 2025 India will become world’s 3rd largest construction market. Gammon India founded in 1922 is one of the oldest Civil Engineering Company in the world, which laid the foundations of Gateway of India along with India’s 1st cable-stayed bridge at Akkar, Sikkim. It was founded by Mr J.C Gammon came to be known as the “Sculptor of Concrete”. It also has in its name the longest railway tunnel in the Asia for Konkan Railway in Maharashtra. It did a lot of construction work for the Commonwealth games held in India in India.
Hathaway Dinwiddie has a history of using BIM back in 1998 and now they are using it at every stage of their projects. They use BIM to summarize quantity surveys, develop preliminary construction strategies and maintain coordination between their team and their partners. Hathaway Dinwiddie provides services like General Construction, Preconstruction, Design Build, Construction Management and Interior and special projects. Hathaway also believes in being one step ahead of its competitor and has been investing in the research and development field also. Their masterpiece constructions consist of Getty Centre, California plaza, Team Disney and many more.
UTM is focused in creating a vibrant engineering and technological academic culture and fertile intellectual ecosystem that inspire creativity and innovation in engineering fields. UTM has been renowned for being at the forefront of engineering/technological knowledge and expertise where it has been contributing to the technical and professional workforce of the nation since 1994. Being a graduate focused university, UTM has the highest number of postgraduate enrolment in its specialized field, which is one of the key elements in contributing towards the development of an innovation led economy. Having produced more the 200,000 technical graduates and qualified professional over the years. UTM has earned its place as Malaysia’s premier university in engineering and technology with inspires creativity and innovation in engineering/technological education (About UTM, 2010).