11 Jul COMBINING OUR CORE CAPABILITIES OF DEVELOPMENT
Based on your analysis of this business model describe the value proposition of this company and using your understanding of its current organisational design explain how this company promotes the value of its products and services to its internal and external stakeholders. Use relevant management and organisational theory to explain your reasoning and demonstrate how the key aspects of each dimension (structure, people management, marketing, financial management) and their interactions support this value proposition.
Based on functional organization structure
By using complexity theory
Structure
Introduction
Explanation ( based on functional )
Complexity theory
How stakeholders are important internal and external
How company promote stake holder and value propostition
Include HR, marketing , finance , related to the article in the assignment.
Business Model Millhouse Construction
Millhouse Construction is a leading, diversified Australian property group born out of a vision to create a company that could successfully combine the disciplines of construction, development and investments. We are a publicly listed company on the Australian Securities Exchange, headquartered in Sydney, Australia, currently managing over $15 billion of assets across the office, retail and industrial sectors. Millhouse Construction has been involved in a wide variety of development projects nationally, and boasts a long and distinguished track record of delivering large scale complex developments of residential, commercial, retail, industrial and mixed-use projects, while driving long-term value for our securityholders. Our integrated approach means we harness the expertise in infrastructure, design, development, investments and management in the creation of quality assets across the entire lifecycle of a project; from planning through to design, construction and development, leasing, property management and long-term ownership. Our expertise spans Construction: rail, roads and bridges, ports, tunnels, hospitals, apartments; Development: retirement living communities, serviced apartments, retail centres, urban regeneration, property management; Investment: investment management for pension funds, property funds and asset management, and commercial leasing. We look to Maximise the value of our assets and will acquire property where we believe we have an opportunity to unlock value, through asset management, development, repositioning or rezoning. Our key point of difference is our unique capability to generate value by creating high-quality, investment-grade assets, as well as applying our expertise in managing the assets that we own. We manage our balance sheet capital according to the property cycle, and are focused on leveraging third party capital to maintain an appropriate and diversified capital structure to grow our business and maximise the value of our integrated model. We maintain an appropriate and variable cost structure to enable us to remain agile in changing market conditions. Combining our core capabilities of Development, Construction and Investments across the property and infrastructure value chain has allowed Millhouse Construction to offer i nnovative and integrated solutions for our clients. Our four key principles of Health & Safety (eliminate incidents and injuries across our sites), Sustainability (giving emphasis to environmental, social and economic outcomes, now and for the future), Diversity & Inclusion (embracing difference in thinking, background, culture, sexual orientation, gender, ethnicity and other life experiences) and Customer Focus (in depth consultation and a collaborative approach) are differentiators, are non-negotiable across our business, and provide Millhouse Construction with a competitive advantage. With 1,300 employees, we strive to be a progressive employer and deliver industry best practices through the utilisation of innovative methods and the discovery of new opportunities. We plan to do this by creating a culture underpinned by our values, maintaining a high level of employee engagement and providing rewarding benefits to employees through: Interesting and challenging projects; Health and well-being programs; Lifestyle programs; Development opportunities; A clear organisational strategy; Strong leadership.
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