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Is Strategic Planning the Right Method to Define and Implement Future Strategic Options in the UK Construction Industry?

Is Strategic Planning the Right Method to Define and Implement Future Strategic Options in the UK Construction Industry? PDF Author: Alex Cole
Publisher: GRIN Verlag
ISBN: 3656415064
Category : Business & Economics
Languages : en
Pages : 35

Book Description
Master's Thesis from the year 2011 in the subject Business economics - Miscellaneous, grade: A, University of Hertfordshire, language: English, abstract: In the management of any business and industry the function of strategic planning plays a key role that gives direction for future and assists in identifying the organisations competitiveness. Evidences suggests that construction companies are not putting enough efforts and are not emphasizing enough on strategic planning in comparison with their counterparts in other industries. The paper gives a platform for an enhanced framework for practices of strategic planning for construction companies in UK. The analysis of strategic planning as right method for defining and implementing future strategic options for the UK construction industry is proposed from the current practices in the industry and online available literature on the topic. The paper highlights related external factors and scenarios of the industry, considers the engagement of the stakeholder during the process, and helps to analyse the overall effectiveness of the strategic planning. The paper should help companies in construction industry of UK to plan and implement their future strategic options in a better way and thus improve their practices.

Is Strategic Planning the Right Method to Define and Implement Future Strategic Options in the UK Construction Industry?

Is Strategic Planning the Right Method to Define and Implement Future Strategic Options in the UK Construction Industry? PDF Author: Alex Cole
Publisher: GRIN Verlag
ISBN: 3656415064
Category : Business & Economics
Languages : en
Pages : 35

Book Description
Master's Thesis from the year 2011 in the subject Business economics - Miscellaneous, grade: A, University of Hertfordshire, language: English, abstract: In the management of any business and industry the function of strategic planning plays a key role that gives direction for future and assists in identifying the organisations competitiveness. Evidences suggests that construction companies are not putting enough efforts and are not emphasizing enough on strategic planning in comparison with their counterparts in other industries. The paper gives a platform for an enhanced framework for practices of strategic planning for construction companies in UK. The analysis of strategic planning as right method for defining and implementing future strategic options for the UK construction industry is proposed from the current practices in the industry and online available literature on the topic. The paper highlights related external factors and scenarios of the industry, considers the engagement of the stakeholder during the process, and helps to analyse the overall effectiveness of the strategic planning. The paper should help companies in construction industry of UK to plan and implement their future strategic options in a better way and thus improve their practices.

Strategic Management in Construction

Strategic Management in Construction PDF Author: David Langford
Publisher: John Wiley & Sons
ISBN: 0470680040
Category : Technology & Engineering
Languages : en
Pages : 258

Book Description
This book reviews the general theory of strategy, relates it to the particular circumstances of the construction industry, and shows how it can be applied in practice. It brings together ideas from economics, marketing, management, business and politics to develop strategic management for both contractors' firms and the associated professions. Substantial changes have occurred in the industry since the book was first published in 1991. This Second Edition reflects the major developments that have followed the Latham and Egan reports, and includes new chapters on international strategy and marketing, showing how they can contribute to the strategic planning of construction organizations. The book will provide a valuable tool for the strategic development of construction firms. "Ten years separate the editions during which period a significant number of British, (and other), construction firms which had survived generations of proprietors merged, changed beyond recognition or ceased trading. One can not but wonder if publication of a work on strategic planning some twenty year earlier might have saved some of them." Construction Manager "The book presents the essential elements for managing at this higher level and should be a must for any construction professional who aspires to an executive position in industry as well as any student for construction management, project management and organizational management in construction. It comes highly recommended" Engineering, Construction and Architectural Management

Strategic Marketing in the Global Forest Industries

Strategic Marketing in the Global Forest Industries PDF Author: Heikki Juslin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 616

Book Description


Implementing IT Business Strategy in the Construction Industry

Implementing IT Business Strategy in the Construction Industry PDF Author: Hua, Goh Bee
Publisher: IGI Global
ISBN: 146664186X
Category : Technology & Engineering
Languages : en
Pages : 280

Book Description
Technology development has provided fundamental benefits of speed, precision, and convenience to common business strategies; providing not only a means for functional integration, but also an opportunity to enhance competitive capability of a business firm. Implementing IT Business Strategy in the Construction Industry brings together topics on understanding business strategy and competitive advantage, as well as essential benefits of concepts and technologies for improving efficiency of the construction industry. This reference source is directed toward researchers, policy-makers, practitioners, undergraduate, and postgraduate students, in order to gain insights into the complex workings of the traditional construction industry and the concepts and tools used to facilitate a strategically IT enabled industry.

Corporate Strategy in Construction

Corporate Strategy in Construction PDF Author: Steven McCabe
Publisher: John Wiley & Sons
ISBN: 9781444318760
Category : Technology & Engineering
Languages : en
Pages : 336

Book Description
This book draws together the main elements of strategic management theory and considers their relevance to contemporary practice in construction. It helps students understand what corporate strategy involves and how it is possible to develop a proactive approach to the management of key organisational resources that are essential to attain objectives. Understanding of the importance of strategic management has developed rapidly in the past decade. Recent economic events have shown that all organisations must continually reassess their approach to achieving intended objectives, especially improvement in customer focus. The construction industry is no different. Construction employers require graduates who are competent in understanding the basis of strategic management, the range of techniques that will enable the organisation to identify opportunities and threats and respond to rapid change. This book provides an overview of the context in which construction projects are carried out, and the potential methods that exist to conduct strategic analysis and decision-making. By analysing case studies, Corporate Strategy in Construction: Understanding today's theory & practice demonstrates how vital lessons can be learnt from other industries by benchmarking practices and developing alternative ways of delivering value to clients. A key message of the book is that construction organisations can, with a better appreciation of strategic management, increase their potential to innovate and create sustainable competitive advantage.

A Strategic Approach to the UK Construction Industry

A Strategic Approach to the UK Construction Industry PDF Author: Stephen Gruneberg
Publisher: Routledge
ISBN: 135161178X
Category : Business & Economics
Languages : en
Pages : 84

Book Description
The construction industry is a microcosm of the economy as a whole, and as such the economics of the sector contains many of the aspects of the economy in general, albeit with fascinating and unique features. What are the implications of economic theory for the future of UK construction? How does the industry ensure innovation, quality and efficiency? What priorities might best serve the construction industry, those working in it and their customers? In seeking answers to these and other questions, the UK government has commissioned a number of reports on the construction industry including the Latham and Egan reports and more recently Construction 2025. These have invariably proposed time and cost targets for the construction industry. In this new book, Stephen Gruneberg stands in stark contrast to those reports and presents the relevant theoretical aspects of construction economics to account for the behaviour of construction firms and suggest a strategy for future growth and sustainability. He discusses the theory and data relating to the output of firms in relation to the type of firm, the market and how these firms behave as a result. The purpose of this book is to advocate the measures needed to create the kind of industry that must be fostered to ensure the quality of its output, sustainability and the fair terms and conditions of employment for its workforce. Gruneberg’s new book is essential reading for anyone wishing to understand the economic forces that determine industry outcomes and who has a stake in the success of the UK construction sector.

Strategic Management Applied to International Construction

Strategic Management Applied to International Construction PDF Author: Rodney Howes
Publisher: Thomas Telford
ISBN: 9780727732118
Category : Business & Economics
Languages : en
Pages : 292

Book Description
Written to provide coverage of the knowledge required to address strategic issues relating to the business of construction on a global scale. This book provides knowledge by a series of case studies of leading consultants, and contractors and suppliers of products to highlight practice by organizations in America, Japan and Europe.

Beyond Strategic Planning

Beyond Strategic Planning PDF Author: Clare G. Ross
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 254

Book Description


The Organization and Management of Construction

The Organization and Management of Construction PDF Author: David Langford
Publisher: Routledge
ISBN: 1135813906
Category : Architecture
Languages : en
Pages : 448

Book Description
The proceedings of the CIB W65 Symposium on the Organization and Management of Construction conference are presented here and in the companion volumes as state-of-the-art papers documenting research and innovative practice in the field of construction. The volumes cover four broad themes: business management, project management, risk management, IT development and applications. Each volume is organized to provide easy reference so that the practitioner can speedily extract up to date information and knowledge about the global construction industry. Managing the Construction Enterprise (Volume One): Covers the firm and its business environment, markets and marketing, human resource management strategic planning, and quality management. Managing the Construction Project (Volume Two): focuses upon productivity, procurement, international projects and human issues in relation to management performance of construction organisations. Managing Risk (Volume Two): incorporates discussion of risk away from regulation by government and those safety risks inherent in the construction process. Managing Construction Information (Volume Three, published in conjunction with Construct IT Centre of Excellence): incorporates material on information systems and methods, application of IT to the design and construction processes and how IT theory and applications are best transmitted to students and practitioners. The work represents a collation of wide ranging ideas and theory about construction and how research has contributed to the development of the industry on a global application of research to the problems of the construction industry.

Innovation in Construction

Innovation in Construction PDF Author: Seyed Hamidreza Ghaffar
Publisher: Springer Nature
ISBN: 3030957985
Category : Technology & Engineering
Languages : en
Pages : 466

Book Description
This book tackles the complex topic of implementing innovation and the successful application of advanced technology in the construction industry. It provides a practical guide for the transformation of the industry by detailing appropriate and effective implementation methods, required skill sets and structural changes necessary to facilitate the practical and innovative application of technology. The construction industry is behind other industries in its level of innovation and adoption of technology, and is of critical importance to many of today’s global challenges, such as climate change, global warming and resource scarcity. There is therefore a need for smarter and more efficient ways of managing available resources. This book elaborates on how the innovative application of technology could offer hope for the construction industry in it’s imperative to rise to current and future global challenges. It includes the real-world case studies of innovative projects that go beyond the current state-of-the-art academic research, and have improved productivity, quality and performance in the construction sector. This book provides readers from both industrial and academic backgrounds with a comprehensive guide on transforming the construction industry with the efficient and effective implementation of technologies and modern methods of construction.