27 June 2016
A group of Costain graduates from the Highways England A556 Knutsford to Bowdon Improvement Scheme, and the Company’s offices on Aviator Way in Manchester, has topped the Costain leader board in ENGINUITY, a global simulated business management competition.
The team, called Northern Powerhouse, was led by Kyle Fallon, a Graduate Quantity Surveyor, together with Sarah Hyland (A556), Larissa Ord (A556), Kyle Fallon (A556), Emma Roberts (A556), Joshua Smith (Aviator Way) and James Neve (Aviator Way). There were three other Costain teams, called The Costkateers, Bidders With Attitude and COffeeSTAIN.
Northern Powerhouse came in 67th out of 229 teams overall, in what was the largest ever field for an ENGINUITY competition, including participants from some of the largest construction businesses in the UK and worldwide.
The ENGINUITY competition provides management and leadership training that is relevant and appropriate for construction professionals worldwide and gives participating teams specific business objectives such as devising commercial strategies , identifying and winning new business opportunities, and expanding business infrastructure in order to achieve growth and improve profitability.
Each team’s performance is assessed on 10 key performance indicators, including operating profit, contract completions, client satisfaction and share price performance and teams had to work across different countries and markets, each with their own risks and challenges such as client restrictions, global competition and environmental problems.
Costain’s Kyle Fallon said: “The simulated environment was realistic and based on current UK and world economies. Across the eight rounds, the teams made strategic decisions covering the key functions of a business such as financial management, procurement, overhead management and job progression. It was a fantastic opportunity to experience managing a business in a ‘real world’ scenario and teamwork coupled with a clear strategy was key to our team’s success.”
Steven Dania, Costain’s Talent Development Manager, said: “Well done to this year’s participating teams and in particular, huge congratulations to the Northern Powerhouse team for topping the Costain leader board. The competition gave all participants an opportunity to develop their management skills and employ core business and technical competencies acquired on the Graduate Development Programme, bringing it all together and running a global construction contracting business in a competitive simulated environment.”
Costain Communications Department