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Stantec SWOT & PESTLE Analysis

ID : 521051553| Oct 2021| 18 pages

COMPANY PROFILE -Stantec Inc.

Business Sector :Construction and Design

Operating Geography :Canada, North America, Global

About Stantec Inc. :

Stantec Inc. is a professional international design and consulting industry. It is headquartered in Edmonton, Alberta, Canada. In 2019, the Company provided services on projects through 22,000 employees around the world operating out of more than 350 locations in North America and across offices in 6 continents internationally. In 1954, Dr. Don Stanley founded D.R. Stanley & Associates, working as the sole proprietor. In 1955, Stanley employed a retired railway engineer, Herb Roblin, and a former chief bridge engineer for the provincial government, Louis Grimble. It was renamed as Stanley, Grimble and Roblin Ltd. It supplies services in planning, engineering, architecture, interior design, surveying, environmental sciences, project management, and project economics for facilities projects and infrastructure. It serves the design phase of buildings, energy, and infrastructure projects, which offers higher margin opportunities and more controllable risk than integrated engineering and construction firms. The company focuses to deliver a return on invested capital of greater than 10% in the year 2021-22. In 2017, the company received the award of - Water EPCOR Grit Treatment and Recovery Facility - implementing HUBER technology.

Stantec Inc.’s Unique Selling Proposition or USP lies in it being ranked one of the most sustainable companies in the world and being the top tier global design and delivery firm. The company's mission statement reads, "We make a difference in the world by creating communities. This is our purpose. We design with community in mind".

Stantec Inc. Revenue :


C$3,684.5 million – FY ending 31st December 2020
C$ 3,711.3 million – FY ending 31st December 2019

Competitive Analysis of Stantec Inc.

SWOT
PESTLE
The SWOT analysis for Stantec is presented below in a matrix followed by the detailed analysis report:
StrengthsWeaknesses
1. Wide range to deliver to the market with geographic diversification
2. Array of serviceable industries
3. Strong portfolio of sustainability service offerings
4. Strong history of profitability and shareholder growth
5. Stantec’s presence on the global scale
OpportunitiesThreats
1. Environmental sustainability concerns across markets
2. Constant innovation and adoption of new technology
3. Growth in smart cities and urban places
4. Small and medium-sized acquisitions driving disciplined growth
1. Market is vulnerable to economic downturns and reductions in government and private industry spending
2. Competitive for talent an increasing challenge
SWOT & PESTLE (combined)
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Detailed SWOT Analysis of Stantec Inc.

Strength

1. Wide range to deliver to the market with geographic diversification: Stantec is an active member of the communities it serves, hence designs keeping the community in mind. From industrial to mining; hotels to transportation; environment to education; health to manufacturing to even oil & gas industries, Stantec serves almost 53 different industries across the globe. The ability of the company to serve such diversified markets is backed by its geographical diversification which also happens to be one of the key components of Stantec's business model. Stantec's business is divided across three regional operating units—Canada, the United States, and Global. The company ensures to offer similar services across all regions. Thus over the years, this diversity has allowed the company to develop close client relationships at the local leveling addition to offering the expertise of its global team.

2. Array of serviceable industries: Stantec offers services in various sectors across the project life cycle through five business operating units (BOUs): Buildings, Energy & Resources, Environmental Services, Infrastructure, and Water. The brand aims at providing a wide array of services founded on the grounds of the intersection of community, creativity, and client relationships. As of 2021, the company has an array of 129 serviceable industries. Services include Architecture & Interior design, Building engineering, Client enterprise solutions, Transportation service, water services, International development, and the list goes on.

The remaining section under "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

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TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?

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References used in Stantec Inc. SWOT & PESTLE Analysis Report

1. Markets - https://www.stantec.com/en/markets

2. Stantec Annual Report 2020 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2020/q4-year-end/STN%202020%20Annual%20Report.pdf

3. Stantec Annual Report 2019 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2020/stn-annual-report--2019.pdf

4. Stantec Sustainability Report 2019 - https://www.stantec.com/content/dam/stantec/files/PDFAssets/2020/stn-sustainability-report-2019.pdf

5. Stantec’s Strategic Plan 2020-2021 - https://www.stantec.com/content/dam/stantec/files/investor-relations/2019/stn-strategic-plan-2020-2022.pdf

The detailed complete set of references are available on request in the 'Complete report' on purchase.

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In-text: (SWOT & PESTLE.com, 2021)

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Stantec SWOT and PESTLE analysis has been conducted by and reviewed by senior analysts from Barakaat Consulting.

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