AEC2008-34.pdf (123.39 kB)
Strategy formulation capabilities of construction professionals
conference contribution
posted on 2012-06-13, 13:02 authored by Sameedha Mahadkar, Francis Edum-FotweStrategic formulation involves synthesising complex, uncertain and often ambiguous information that necessitates a continuous need for senior managers to develop appropriate cognitive attributes. Professionals involved in strategy formulation should be able to exhibit flexibility along with creativity to ensure that the organisation they lead is steered in the right direction in response to a changing and demanding business environment. This paper is set out to explore the strategy formulation capabilities of construction professionals. A range of senior managers from multidisciplinary construction organisations were interviewed in order to explore the various factors that contribute to the strategy formulation capabilities of the professionals. The key factors identified were knowledge and skills. It is suggested that such an evaluation can have a significant role in increasing and improving strategic thinking, thereby enhancing the process of strategy formulation.
History
School
- Architecture, Building and Civil Engineering
Citation
MAHADKAR, S. and EDUM-FOTWE, F.T., 2008. Strategy formulation capabilities of construction professionals. IN: Proceedings of the 5th International Conference on Innovation in Architecture, Engineering and Construction (AEC), Antalya, Turkey, June 23-25.Publisher
CICE, Loughborough UniversityVersion
- AM (Accepted Manuscript)
Publication date
2008Notes
This conference paper was presented at the 5th International Conference on Innovation in Architecture, Engineering and Construction, AEC2008, June 23-25 2008, Antalya, Turkey. The event was jointly organized by Civil Engineering Department, Middle East Technical University and Centre for Innovative and Collaborative Engineering, Loughborough University: http://www.lboro.ac.uk/cice/conferences/AEC2008/Publisher version
Language
- en