E2L teams tackle some of Skanska’s tough topics

You have questions? This E2L class has answers.

To understand some of the important challenges and opportunities facing Skanska, consider the topics recently explored by this year’s Executive-to-Leader class: creating a collaborative culture, implementing USA Civil’s Bridge business transformation initiative, analyzing potential partners for public-private partnership projects, and articulating the “Why” behind what we do – defining Skanska’s purpose.

The 29 participants in this year’s E2L class – from all four U.S. business units, as well as a few from international teams – spent this spring considering such questions. In June, they presented their solutions to Skanska USA’s top leaders in New York, with among those attending Mike McNally, Skanska USA’s president and CEO; Rich Cavallaro, USA Civil’s president and CEO; Bill Flemming, USA Building’s president and CEO; and Karl Reichelt, Infrastructure Development North America’s executive vice president.

Here the problems this year’s four E2L teams tackled. Some of their recommendations are being adopted.

What is Skanska’s Why?

According to the bestselling author Simon Sinek, any business can explain what it does. Some can explain how they do it. But very few can clearly articulate why they do what they do. However, a business that’s able to explain its “Why” will be able to differentiate itself so it can truly rise above the competition. What is Skanska’s why? And how can it make us a better company? (Executive sponsor: Mike McNally)

Creating a collaborative culture

A former CEO of HP famously said, “If only HP knew what HP knows, we would be three times more productive.” The same thing can probably be said about Skanska. To truly be One Skanska and drive innovation to support our ambitious growth plans, we must create a collaborative culture in which employees are encouraged to share best practices and ideas with those beyond their personal networks. This assignment should result in an analysis of how Skanska can build a culture that embraces collaboration and knowledge sharing. (Executive sponsor: Nicole Didda, senior vice president of communications)

Implementing the Bridge

Skanska USA Civil is in the start-up phase of a massive undertaking: implementing a new enterprise resource planning system in an effort named Bridge, which has the potential to transform – improve - Civil’s current business processes in many ways. Due to the magnitude and complexity of such an ERP implementation, Skanska needs to proactively identify and mitigate the various risks associated with the implementation process. This assignment should result in an in-depth analysis of the Bridge project. (Executive sponsor: Johan Henriksson, former USA Civil chief financial officer, now president of Skanska Latin America)

P3 partners analysis

For Skanska, the growth pipeline for public-private partnerships is currently in the U.S. There are plenty of projects to pursue, but the market is also very competitive. In order to put ourselves in the best position to win as a team, we need to have the best consortium of partners. As a company, we are highly selective over with whom we partner as this choice can make or break our success. There is a view that partnering with firms structured similarly to Skanska – having both construction and investment for P3s – is an ideal scenario but such partnerships are hard to achieve. This E2L assignment should result in an analysis of the U.S. P3 partners and competitors. (Executive sponsor: Karl Reichelt)

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