coa 1060_ AEC Integration

coa 1060_ AEC Integration - AEC Integration A View from the...

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AEC Integration – A View from the Center Professor of practice – someone whose distinguishes themselves in their career Construction industry Second biggest sector of economy Industry Sectors Residential Non-residential Civil/infrastructure Each is almost self-contained Not many involved in all three Owners want all 3 – good, fast, cheap Ten specific characteristics of construction industry Fragementation – upwards of a million entities Few economies of scale – most other industries the bigger, the more efficient Being challenged by organizations: URS, AECOM Skanska and Hochtief Little vertical intregration – the idea of integrating back to your supply source and up to the delivery point Being taken on by design-builders and supply-chains Low Levels of Capitalization – don’t need a lot of money Min Resource to Finanical Markets – very few entities are publicly traded Recourse to private equity Few Products Commitments – have to spread your net as wide as possible Specialization multiplies, niche marketing
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coa 1060_ AEC Integration - AEC Integration A View from the...

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