Chief executive switches focus from London to India, Middle East and US
Cyril Sweett chief executive Dean Webster has declared the firm is targeting a 拢100m turnover and predicted more consolidation in the QS and project management sector.
Webster said he had given up responsibility for running the firm鈥檚 London office to concentrate on expanding the firm. That office is now being run by Andrew Hemsley, who formerly ran the firm鈥檚 consulting business.
Webster said the 拢50m-turnover firm鈥檚 growth would come mainly internationally in regions such as India, the Middle East and America.
Webster said he was aiming to emulate the growth of Turner & Townsend, which is now a 拢130m turnover business.
He said: 鈥淚t鈥檚 part of this whole consolidation process. You are going to see the big firms continue to pull away. The whole world is consolidating. We need to become a global player from a revenue perspective to service our clients.鈥
We need to become a global player from a revenue perspective to service our clients
Dean Webster, chief executive, Cyril Sweett
Webster said the firm had started sending people out to the Middle East to work on new schemes. He also pointed to major opportunities in Ireland, particularly in the PFI hospital market.
He added that he has now amalgamated the firm鈥檚 UK and international boards so as to cross-sell within the business. 鈥淚 don鈥檛 want to treat them as two separate parts of the business. I want to make sure members are thinking more internationally. More and more clients want to go overseas and more overseas clients are coming here.鈥
New London regional director Hemsley said he would use his experience in running the firm鈥檚 consulting division to look at upgrading the firm鈥檚 core QS and project management offerings. 鈥淭hat鈥檚 not to say they are bad, just that you have to lift yourselves by the bootstraps sometimes.鈥
Hemsley is considering setting up incubator teams within his division to work in emerging sectors away from the firm鈥檚 strengths such as retail and PPP.
Hemsley鈥檚 former role has been taken by Alastair Bloore.
Source
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