Mission, Vision, Ambitions and Values

The basic principles for our strategy are established in our mission, vision, ambitions and values. They direct and guide us and show who we are.

Mission

We build trust. Trust is the foundation of our relationship with stakeholders. This way, we can support our clients in realising development-, building-, infrastructure- and heavy industrial goals. Trust we earn by our people and our way of working in our projects. We offer expert solutions on a local level while operating in a global environment. We take pride in our entrepreneurial spirit that enables us to do better and stand out in our industry.

Vision

Our aim is to be the preferred partner to our stakeholders based on our ability to offer suitable solutions. We remain dedicated to continuing to build and protect trust. We aspire to be well known for our ability to deliver sustainable complex landmarks. Always working closely with local communities, with respect for the environment and carried out by our ambitious people. We want to be a desirable company to work with and to work for. We invite you to join our building journey and to create the future together.

 

Ambitions

The five pillars of ambition.

Focus on people

We want our employees to be safe, challenged, committed and happy. To our current and potential employees, we aspire to be the employer of choice. We offer healthy working conditions and challenging jobs with the possibility to grow on a professional and personal level.

Strong client and partner relationships

With our partners and clients, we want to create strong and long-term relationships based on trust. To accomplish that, we want them to be satisfied with our quality of work, our way of working and our reliability.

Financially healthy 

We want to run a healthy company with healthy growth numbers. That means having a solid order book, growth in revenue and controlled costs. We do that by improving our operational excellence, by selective and strategic tendering and by focusing on (recruiting) qualified people with technological expertise. Using the highest standards of innovation, technology and digitalisation supports this ambition. This enables us to remain competitive.

International growth

While expanding our order book predominantly in the Netherlands, we aim to expand our business further internationally in the future. This is part of our company DNA. The potential for international growth is substantial and we are empowered by the knowledge and experience of Rönesans Holding.

Safety, sustainability & responsible to society

We aim to perform our work as sustainably and considerately as possible for society and our environment. We incorporate the United Nations Sustainable Development Goals in our business strategy and apply our corporate social responsibility standards.

Values

Quality

When it comes to quality we don’t compromise. Our quality is reflected in our people, processes and materials. They are the ingredients that make up the quality we stand for in our signature projects.

Integrity

We are open, reliable and honest in our relationships with clients, colleagues, subcontractors, suppliers and partners. We work together, accept responsibilities and are consistent. We build trust.

 
Safety

We are fully aware that safety is our ‘licence to operate’. We must be able to guarantee safety, it is the only way we can realise ground-breaking projects. This is why we are always fully aware of the risks that can be posed by our work.

Teamwork

We can only be successful by working in teams. These teams include clients, partners, subcontractors, suppliers and colleagues. In this way, we jointly seek and achieve the best solution. We respect each other and act accordingly.

Passion for the profession

We are true professionals. We love our profession and we love a challenge. That unites us, and gives us the energy to push boundaries. It’s the driving force for continuous improvement and innovation. As a result, we understand the complex challenges and interests of our clients and partners. It gives us the ability to offer innovative and sustainable solutions.

 
Down to earth

We are always realistic. No matter how spectacular the project may be. That is what we are: hardworking and straightforward. It gives us the strength to deliver projects on schedule within budget.

Risk Management

Principles

Ballast Nedam’s risk management is based on the following three principles.

The aim of risk management is to keep the risks which the organization incurs through its activities in line with its risk appetite.

Risk management is an integral part of all business activities and runs through the entire project life cycle. 

The Ballast Nedam Board of Management has ultimate responsibility for the way in which Ballast Nedam deals with risks. Ballast Nedam manages its operations within a structure comprising three divisions based on products and processes. The divisional directors apply the holding company’s risk management policy to the business units in their own division. They also oversee compliance with the policy within the specified limits.

Risk philosophy

The aim of Ballast Nedam’s risk management policy is to ensure that Ballast Nedam only takes responsible business risks. The probability of these risks and any consequences thereof must not harm the business flow. For example, we have set a low risk appetite for the Safety, Compliance and Financial risk areas. Ballast Nedam considers the management of risks to be a core competence, which is firmly embedded in the various projects we implement. Both within individual projects and across all projects as a whole we apply methodologies that are commonly used in the Construction and Infrastructure sector. That also makes it possible to communicate on risk management with parties in the chain.

For more information about risk and risk management within Ballast Nedam, we refer to the Annual Report.