The construction market is one of the most successful sectors within the Luxembourg economy with the number of enterprises and employees having grown dramatically over the years.
During this time, the sector has benefitted from structural growth as a result of strong demand and rising prices, but now the industry faces fresh challenges.
With a rise in competition, some companies have chosen to diversify their activities in order to find new growth drivers.
The construction sector is currently experiencing several challenges:
To assist the industry in overcoming these challenges, Deloitte Luxembourg has worked on a benchmark. Taking into account all key players within the Luxembourg sector, the benchmark positions them on two axes: market attractivity versus operational efficiency.
Here are some key observations:
The team at Deloitte Luxembourg can offer multiple strategic opportunities for companies within the construction sector.
To help companies within the construction sector face their challenges, Deloitte Luxembourg has developed a 4-steps-approach called Value-Based Management, a method focused on attaining rapid, measurable, and sustainable results.
The Value-Based Management approach aims at prioritizing strategic options according to their value creation potential, and to implement them in order to create a long-term competitive advantage.