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Strategic planning of UK housebuilders: case study of a major property developer

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conference contribution
posted on 19.12.2014, 11:03 by Robby SoetantoRobby Soetanto, Wei Pan
Current global economic crisis has presented the UK housebuilding industry with unprecedented period of volatility and uncertainty. In light of this, the development of strategic plans is becoming more critical for ensuring future competitiveness. Evidence from early literature suggests that firms in the development sector have not put sufficient emphasis on this management function. Further, there is little information on the manner by which housebuilders formulate their strategic plans, let al.one how the actors participate in the process of strategising. The research intends to contribute to this important but little understood area by presenting case study of a leading UK housebuilder, and a proposed activity framework, with a view to obtain a greater understanding of the strategic process within the organisation. Contrary to the popular belief, the finding provides evidence that longer-term thinking underpinned by sound and defendable business principles which are mobilised within organisation, does contribute to successful business in volatile and competitive environment of construction sector. Further, their longer-term thinking might have been responsible for their survival in the current difficult economic time. However, there is little evidence of any attempt to further utilise potential knowledge and creativity of staff. Further research should look at possible barriers to staff participation as professed by the activity framework.

History

School

  • Architecture, Building and Civil Engineering

Published in

Association of Researchers in Construction Management, ARCOM 2009 - Proceedings of the 25th Annual Conference

Pages

381 - 390

Citation

SOETANTO, R. and PAN, W., 2009. Strategic planning of UK housebuilders: case study of a major property developer. In: Dainty, A.R.J. (ed.), Proceedings 25th Annual ARCOM Conference, 7-9 September 2009, Nottingham, UK. Association of Researchers in Construction Management, Vol. 1, pp. 381–390.

Publisher

ARCOM

Version

AM (Accepted Manuscript)

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

2009

Notes

This is a conference paper. It is also available at: http://www.arcom.ac.uk/

ISBN

978-0-9552390-1-4

Language

en