The ENGINUITY Competition forms part of the
Balfour Beatty Graduate Development Programme.
. It enables the graduates to consolidate their learning and experience acquired to date, and apply business acumen in a competitive simulation exercise designed to challenge leadership and management skills, by putting them in the 'hot seat' running their own global construction contracting business.
8 teams are taking part in the Competition, and are competing for 4 rounds against computer-simulated companies,
and then a further 5 rounds 'head to head' against each other from September 2019 until November 2019.
The league table at the end of period 5
The story, period by period
|PERIOD 5: "'+1 Engineering' are the early pacesetters!"|
After a period of intensive trialling the Balfour Beatty Enginuity 2019 Competition is underway, with a competitive field of 8 teams all battling for supremacy against their peers. And so to the early action, and the pacesetters after impressive 37% growth are "+1 Engineering" with 1,368 pts. However, the early leaders cannot rest on their laurels with "G & A Construction" only 4 points behind in second place, and only 33 points separating the top 4 teams. Further down the table "Croydon Utilities" need to gain some momentum to avoid becoming cut off from their rivals. However, it is early days, and there are sure to be plenty of twists in the weeks ahead as the journey through the Early Years unfolds.
The early signs are that the competition will be very competitive, with all the teams improving their overall position in period 5. However, this was not unexpected. After being formed at the beginning of period 1, overhead costs were incurred whilst the companies were being established, without any profits being generated. The companies were now in a position to generate profits against a more stable overhead base, and this was reflected in improved operating profits. Of course, growth will be impossible without an effective strategy, and all the management teams have had time to think about this carefully, and come up with a set of objectives to deliver business success for their stakeholders.