C27 Edum-Fotwe (1995) Executive Notions on Drivers of Long Term Business Success for Construction Contractors.pdf (413.57 kB)
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conference contribution
posted on 2018-06-14, 13:19 authored by Francis Tekyi Edum-Fotwe, Andrew Price, Tony ThorpeTony ThorpeThis paper reports on an evaluation of the factors that are considered by construction
company executives as essential business drivers. The aim of the research was to
identify those managerial variables that feature prominently in strategy formulation,
and have been previously associated with superior corporate performance. The
research posed the question 'which business drivers are viewed as most essential and
are addressed in strategic planning within construction contracting organisations?' It
drew on previous studies to establish a set of factors which are associated with longterm
business success. Several factors, both external and internal to construction
companies, have already been established by a case study. These factors directly
influence corpo:rate performance, and therefore should feature prominently in strategy
formulation for contractors. The Likert scale was employed to analyse the executive
notions. The business drivers were analysed into primary, secondary, and nonessential.
The analysis provides an insight into the common factors that form the
focus of strategy for construction contractors. The results of this work provides an
insight on the actual factors considered pertinent in strategy formulation, and reflects
the current focus of strategy within construction companies. It also provides a useful
background for developing critical success factors for the construction contractor.
History
School
- Architecture, Building and Civil Engineering
Published in
ARCOM Eleventh Annual Conference ARCOM Eleventh Annual ConferenceVolume
4/24Pages
103 - 114Citation
EDUM-FOTWE, F.T., PRICE, A.D.F. and THORPE, A., 1995. Executive notions on drivers of long-term business success for construction contractors. IN: Proceedings of ARCOM Eleventh Annual Conference, York, pp. 103 - 114.Publisher
ARCOMVersion
- VoR (Version of Record)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
1995Notes
This is a conference paper. The original paper was first published by ARCOM as part of the Conference Proceedings.Language
- en