HILTI: Identification and Analysis of the Most Relevant Expected Developments in Hilti's Environment Over the Next Five Years

Maja Bruketa Bujanovic

Student thesis: Diploma thesis

Abstract

This strategic report provides a thorough analysis of Hilti's positioning within the global B2B construction market, exploring its trajectory over the next five years. As Hilti navigates a rapidly evolving landscape characterized by intense competition, technological advancements, and increasing regulatory demands, strategic agility remains crucial. Hilti has sustained a robust growth pattern, overcame economic adversities, and maintained a competitive edge through innovation, sustainability initiatives, and a direct customer engagement model. The company's dedication to research and development, which consistently reinvests about 6% of its annual sales, has fortified its market leadership and driven technological advancements in the construction industry. This report leverages multiple analytical frameworks including PESTEL, Porter’s Five Forces, and SWOT analysis to dissect external market dynamics and internal capabilities. These insights inform Hilti’s strategic decisions, highlighting the importance of aligning its operations with environmental sustainability goals, enhancing digital transformation efforts, and expanding into emerging markets. Key challenges such as economic fluctuations, geopolitical tensions, and supply chain vulnerabilities are identified as potential risks to operational stability and market growth. Conversely, opportunities within digital integration in construction processes, sustainability-focused product innovations, and potential market expansion in Asia and the Americas are recognized as catalysts for Hilti’s strategic objectives. Future recommendations for Hilti include enhancing its innovation pipeline, enhancing customer-centric solutions, and fostering strategic alliances to navigate market complexities effectively. Additionally, maintaining operational flexibility to respond to market changes and investing in workforce development to support its strategic goals are advised to ensure sustained growth and industry leadership.

EducationsMSc in International Business, (Graduate Programme) Final Thesis
LanguageEnglish
Publication date2024
Number of pages65