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Date Submitted: 06/01/2011 01:55 PM
BUSN1012 Assignment 3
Contexx Pty Ltd – a construction services company
Introduction
Contexx Pty Ltd is a construction services company which located in Melbourne and it was formed in mid-2006 to provide construction and engineering solutions. Contexx has two divisions and several projects including bridges, wharves and associated commercial facilities, dry-dock marine infrastructure, and civil infrastructure. In 2007, its associated business Contexx Engineering to provide engineering solutions had been founded. Contexx did not create any sales until April 2007. While after that, it growth very fast and become a competitive company as it has been shown in Contexx at the top of the 2009 BRW Fast Starters list. Since the company is driven by experienced leadership and a team of dynamic people, its ambition is to become one of the most dynamic, forward-thinking companies in the industry. This is indicated in its annual turnover – which was $180 million in the period of 2007-2008, and will still growth in a high speed.
Establishment
The appearance of Contexx is startling and abrupt which can be explained by describe it as ‘Multiplex lite’. The foundation of this company is the joint Principals in the Company which are Noel Henderson and Simon Gray. Both have over 35 years and 25 years’ experience respectively in commercial construction. Henderson who is the executive chairman has been the Chairman of the Construction Division worldwide for 17 years of the global construction business Multiplex Ltd. Meanwhile, the managing director Gray who’s last position was with Multiplex Ltd as a managing director of the Australasia Construction as well. Also, many of Contexx’s staff came from Multiplex. These factors all contribute to the quick establishment of Contexx.
Other than the experienced founders and employees, opportunities of the business should also be taken into consideration to form a company. Specifically, in Contexx’s case, they came across an...