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Critical success factors for competitiveness of construction companies: A critical review

Making progress basically, a fundamental issue for the construction companies to get by in a highly competitive industry.From time to time, industry players are facing stiff and tough competition due to large number of players, whether existing or new players involved from various background and tra...

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Main Authors: Hanafi, Abdul Ghafur, Mohd Nawi, Mohd Nasrun
Format: Conference or Workshop Item
Published: 2016
Subjects:
HD28 Management. Industrial Management
TH Building construction
Online Access:http://repo.uum.edu.my/19482/
http://doi.org/10.1063/1.4960882
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spelling my.uum.repo.194822016-11-15T01:17:25Z http://repo.uum.edu.my/19482/ Critical success factors for competitiveness of construction companies: A critical review Hanafi, Abdul Ghafur Mohd Nawi, Mohd Nasrun HD28 Management. Industrial Management TH Building construction Making progress basically, a fundamental issue for the construction companies to get by in a highly competitive industry.From time to time, industry players are facing stiff and tough competition due to large number of players, whether existing or new players involved from various background and track record.Furthermore, the large numbers of component deciding the competitiveness of contractors, whose organization structures and governance have turned out to be more muddled. Different construction companies have their own unique criteria which may differ from one to another.The enormous amount of issues needs to bring down to manageable numbers so that measures can be identified and scrutinized to enhance competitiveness.This paper discusses the result from the critical investigation from past studies in the Asian countries, namely China, India, Thailand, Singapore and Malaysia. Several fundamental factors have been identified as CSFs in construction companies in respective country. Also highlighted a critical survey based upon various literatures written on this subject where critical success factors (CSFs) as a yardstick to gauge the relationship among CSFs in various construction companies in the Asian region. Far reaching estimation of an organization’s performance and resulting input to its supervision is crucial for business change.Estimation additionally empowers organizations to be contrasted from one another on the premise of institutionalized data, permitting best practices to be distinguished and connected more widely. Different countries have their own set of critical success factors (CSFs) which may differ in term of priority and at the same time share common elements of success factor in accomplishment as a construction companies.The study, which is exploratory in nature, embraced the content investigation and inductive technique to accomplish its objectives. 2016-04-11 Conference or Workshop Item PeerReviewed Hanafi, Abdul Ghafur and Mohd Nawi, Mohd Nasrun (2016) Critical success factors for competitiveness of construction companies: A critical review. In: 2016 International Conference on Applied Science and Technology (ICAST 2016), 11–13 April 2016, Kedah, Malaysia. http://doi.org/10.1063/1.4960882 doi:10.1063/1.4960882
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
topic HD28 Management. Industrial Management
TH Building construction
spellingShingle HD28 Management. Industrial Management
TH Building construction
Hanafi, Abdul Ghafur
Mohd Nawi, Mohd Nasrun
Critical success factors for competitiveness of construction companies: A critical review
description Making progress basically, a fundamental issue for the construction companies to get by in a highly competitive industry.From time to time, industry players are facing stiff and tough competition due to large number of players, whether existing or new players involved from various background and track record.Furthermore, the large numbers of component deciding the competitiveness of contractors, whose organization structures and governance have turned out to be more muddled. Different construction companies have their own unique criteria which may differ from one to another.The enormous amount of issues needs to bring down to manageable numbers so that measures can be identified and scrutinized to enhance competitiveness.This paper discusses the result from the critical investigation from past studies in the Asian countries, namely China, India, Thailand, Singapore and Malaysia. Several fundamental factors have been identified as CSFs in construction companies in respective country. Also highlighted a critical survey based upon various literatures written on this subject where critical success factors (CSFs) as a yardstick to gauge the relationship among CSFs in various construction companies in the Asian region. Far reaching estimation of an organization’s performance and resulting input to its supervision is crucial for business change.Estimation additionally empowers organizations to be contrasted from one another on the premise of institutionalized data, permitting best practices to be distinguished and connected more widely. Different countries have their own set of critical success factors (CSFs) which may differ in term of priority and at the same time share common elements of success factor in accomplishment as a construction companies.The study, which is exploratory in nature, embraced the content investigation and inductive technique to accomplish its objectives.
format Conference or Workshop Item
author Hanafi, Abdul Ghafur
Mohd Nawi, Mohd Nasrun
author_facet Hanafi, Abdul Ghafur
Mohd Nawi, Mohd Nasrun
author_sort Hanafi, Abdul Ghafur
title Critical success factors for competitiveness of construction companies: A critical review
title_short Critical success factors for competitiveness of construction companies: A critical review
title_full Critical success factors for competitiveness of construction companies: A critical review
title_fullStr Critical success factors for competitiveness of construction companies: A critical review
title_full_unstemmed Critical success factors for competitiveness of construction companies: A critical review
title_sort critical success factors for competitiveness of construction companies: a critical review
publishDate 2016
url http://repo.uum.edu.my/19482/
http://doi.org/10.1063/1.4960882
_version_ 1644282713617727488
score 13.211869

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