Strategic Management Practices in the Construction Industry: A Result Study Based on SPSS Tool .
Journal: International Journal of Engineering Sciences & Research Technology (IJESRT) (Vol.3, No. 4)Publication Date: 2014-04-30
Authors : Umang Ashokkumar Shah; J. J. Bhavsar; Jayeshkumar Pitroda; Aakar Roghelia;
Page : 1879-1884
Keywords : Strategic management; Dynamic capability frame work; construction industry;
Abstract
Since the establishment of the first national strategic development plan in the early 1970s, the construction industry has played important role in terms of the economic, social and cultural development of India. This study aims to get results based on SPSS tool and make related conceptual model to enable our construction enterprises. This model is based on dynamic capability framework (Teece, Pisano & Shuen, 1997; Teece, 2007). The result of the study provides empirical evidence in support of the nation that a competitive advantage is achieved via the implementation of a dynamic capability framework as an important way for a construction enterprise to improve its organisational performance. This study also demonstrates the context of the multistage nature of the model which provides a rich understanding of the dynamic process by which asset-capability should be exploited in combination by the construction firms operating in varying levels of hostility.
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Last modified: 2014-05-10 15:23:44