Page 1: Introduction
For many builders and developers, it is too costly to buy plant equipment (fixed assets) outright. Instead, they hire the equipment they need from specialist providers. This can then be hired to the exact specification required and only kept for however long it is needed. Hewden is a market leader in plant hire. It delivers on site and collects at the end of the hire period, providing a complete solution for asset needs.
Hewden Stuart was established in 1968. Trading under the single Hewden brand since 1999, the company has grown steadily, both organically and through multiple acquisitions. Sun Capital Partners Inc, a leading U.S. based investment firm, acquired Hewden in 2010. It specialises in investing in market leading businesses. Today, Hewden employs almost 900 professionals who promote best practice in a variety of areas including construction, infrastructure, industrial and environmental industries. It is a leader in environmental, health and safety training.
Hewden’s culture, emanating from the CEO, governs how it does things and is totally customer focused. Hewden’s core values include:
- We care – about our colleagues and our customers.
- We communicate – we believe in straight talk.
- We are all accountable.
- We trust and empower.
One of Hewden’s main aims is to maintain its market leading position. It achieves this by analysing factors affecting the internal and external environment and using this data to plan how to improve efficiencies and processes. These plans are called strategies. A key method used by Hewden to audit its internal and external environment is a SWOT analysis. This looks at the internal strengths and weaknesses of the business and its external opportunities and threats. This case study looks at a SWOT analysis of Hewden’s operations to demonstrate how its findings inform its future strategies.