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Understanding Business

CH2M Hill: A Global Company

CH2M Hill was founded by a professor and three students at Oregon State University in 1946. Originally, the company was an engineering firm that over the last 60 years has developed into an engineering and construction company. CH2M Hill is truly a global company having a presence all over the world. The company focuses on developing solutions to problems concerning water quality and waste management. Since its founding in 1946, the company has continued to grow to more than 30,000 employees worldwide.CH2M Hill is a publicly-traded concern, headquartered in the United States with more than 18,000 shareholders. It is a $7 billion firm operating globally in a world with more than 6 billion people. The company successfully navigates the various issues and challenges associated with operating globally, including different legal and regulatory environments, sociocultural differences from country to country, and differing degrees of technological sophistication in countries where it operates.The company's primary customers include governments, industry, and energy companies. Part of its global success is due to the intellectual capital that it has amassed over the past 60 years. Operating successfully in vastly different cultures is challenging, particularly with respect to cultural and regulatory differences. Being successful in a global marketplace requires a high level of adaptability. To help successfully navigate the many global differences, the company favors joint ventures and strategic alliances. These approaches leverage the talent and expertise of CH2M Hill as well as the resources and local knowledge, customs, and credibility of the business partners in various areas throughout the world. These approaches help to mitigate the potential challenges global companies often face due to trade protectionism

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