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Snc Lavalin Swot Analysis

1046 Words5 Pages

SWOT: SNC-Lavalin Group Inc.

1 Company Description
SNC-Lavalin Group Inc. (the “Company”) is a Canadian engineering and construction company that provides large scale engineering, procurement, construction and consulting services worldwide. With headquarters in Montreal, the Company has more than 45,000 employees and operations in over 50 countries. The Company provides complete packages including financing, operation, and maintenance solutions for large businesses in sectors such as energy, mining, and infrastructure.

2 Strategic Focus and Plan
2.1 Mission & Vision
The Company’s vision is to enhance its core engineering business, improve its products and services, and respond quickly market changes and client needs. SNC-Lavalin will aim …show more content…

Therefore, SNC-Lavalin’s primary values are:
• Putting health and safety as the primary concern for every project worldwide
• Adhering strictly to the Code of Ethics and Business Conduct
• To respect and limit the impact to the environment and communities affected by projects
• Keep the mindset of never-ending improvements to the quality of its products
• Ensure employees feel the sense of belongings and encourage employees to be share owners of the Company.

3 Internal Analysis
SNC-Lavalin group provides performs engineering, procurement, and construction work along with management services for such work. With projects including energy, mining, environment, water, and infrastructure, SNC-Lavalin has exposure to almost every global industry sector. By combining financing, operations, and maintenance on top of its engineering work, SNC-Lavalin can provide package deals for clients that require complete …show more content…

With the recent rout in mineral prices and slowdown in mining, SNC-Lavalin announced that it will cut 4000 jobs in a cost cutting effort and to wind down its operations in mining and metallurgy. Additionally, the recent bear market in oil as well as natural gas has caused a slow-down in projects such as oil refineries and processing plant, an area that contributes a significant portion of SNC-Lavalin’s revenue. However, with borrowing rates low with continuing cuts of key rates by central banks, SNC-Lavalin can offset some of its declining revenue with new projects in infrastructure driven by leverage through debt capital markets.
Continuous development of technology has allowed SNC-Lavalin to digitize more and more of its work. This allows the company to reduce cost but still add further value to its clients in the form of extensive modelling software. SNC-Lavalin uses 3d and 4d models to assess the feasibility of projects and to improve the quality of the design. Technology is also being used in the scheduling of construction projects to reduce cost and to help meet delivery

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