好色先生TV

Construction firm Mace is restructuring its internal operations following a review conducted with EY as it pursues its 拢2bn turnover target.

Speaking at the 好色先生TV Live conference in London last week, Mace executive chairman Stephen Pycroft said the firm will turn over 拢1.75bn in the 2015 calendar year, a 17% rise on 2014, and was 鈥渨ell on track鈥� to hit 拢2bn turnover in 2020.

Pycroft said that the firm had been involved in a nine-month programme with the help of EY called Simply Better, after which it had decided individual Mace businesses, such as construction or consultancy, should not have their own profit and loss accounts. In addition, Pycroft said he had decided to scrap all internal charging between Mace business units in order to slim down internal processes.

Pycroft said: 鈥淗aving internal businesses does cause internal conflict at times, especially [鈥�] if you set up businesses within companies that then can charge other parts of the business and try and make a profit. And [鈥�] this year [we鈥檝e said] let鈥檚 forget all this internal charging, let鈥檚 get back to some basics.鈥�

Mace are about four out of 10 at the moment. Luckily a lot of our rivals are at three

Stephen Pycroft, Mace

The changes, which will not affect the firm鈥檚 outward facing brands, come after a review of the business, conducted despite it being the second fastest growing major contractor in the industry in the past eight years, with Pycroft insistent the firm still needs to improve. He said:鈥滿ace are about four out of 10 at the moment; there鈥檚 lots of room for improvement, lots of ways we could be delivering projects better. Luckily enough a lot of our competition are at three or four as well.鈥�

Pycroft defended Mace鈥檚 approach to its suppliers, saying the firm was 鈥渟ofter than some鈥� while being demanding, as well as defending its controversial Mace Business School, to which suppliers pay fees to be part of Mace鈥檚 supply chain. 鈥淭here鈥檚 one thing in this industry we don鈥檛 do, is train our people. So we set up this academy to try and train our suppliers. If people don鈥檛 want to be members of the Mace Business School, then don鈥檛 be.鈥�

A spokesperson for Mace said the structure had been 鈥渟implified in some areas to ensure we have clear accountability and responsibility for decision making,鈥� and was accompanied by a 鈥渟ignificant investment in our IT infrastructure [鈥�] to maximise operating efficiency.鈥�