Glocalization in international construction projects

Download
2016
Sönmez, Özgür
Success in implementation of international construction projects depend on an optimal integration of globalization and localization strategies. Therefore, glocalization strategy seems the best alternative for decision makers in an international construction business. Initial objective of this research is to make a clear and extensive definition of Glocalization in international business and thus reveal the fact that it is applicable in international construction business as well as in other sectors. In order to achieve this objective, related literature is reviewed. At the end of this research all detailed phases of international construction process is integrated with glocalization strategy. Final objective of this research is to go one step further into details and figure out the extent of local conditions’ impact on international construction and present a general understanding of how to apply the strategy. Consideration of local conditions is the most crucial part of glocalization strategy. In order to achieve this objective, a research depending on expert opinions is made. Delicately chosen experts are asked to rate the impact of local conditions on international construction business sub strategies by a questionnaire. Research findings reveal the fact that impact and exposure levels of conditions and sub strategies approximately lay in a range of medium to high level. Following the relative comparison of factors, a more accurate decision making process in international construction business can be achieved. It is to be stated that this thesis is a pioneering study, since Glocalization has not been investigated particularly for international construction up to now.

Suggestions

Exploration factors affecting the execution of international design projects
Fığlalı, Umut; Elias Özkan, Soofia Tahira; Department of Architecture (2005)
Economic instabilities in our country over the past few decades and improvement in communication technologies, have encouraged Turkish construction firms to utilize business opportunities in foreign countries. However, working abroad brings with it certain risks and problems. The aim of this thesis were to define and clarify problematic factors during the design stages in international design projects (IDP), to collect relevant suggested solutions and to try and determine the sources of these factors. The s...
A review of international construction research: Ranko Bon’xxs contribution
Dikmen Toker, İrem; Birgönül, Mustafa Talat (2006-07-01)
Literature on international construction is rich in adopting conceptual frameworks to investigate levels of international competitiveness and making inter‐country comparisons about sources of national competitive advantage. However, there are limited studies that result from collaborative work between different country researchers about development of custom frameworks to investigate complexities of international construction business, experience‐based generic libraries applicable to international construct...
Heuristic and exact methods for the large-scale discrete time-cost trade-off problems
Aminbakhsh, Saman; Sönmez, Rifat; Atan, S. Tankut; Department of Civil Engineering (2018)
Construction industry necessitates formulating impeccable plans by decision makers for securing optimal outcomes. Managers often face the challenge of compromising between diverse and usually conflicting objectives. Particularly, accurate decisions on the time and cost must be made in every construction project since project success is chiefly related to these objectives. This is realized by addressing the time-cost trade-off problem (TCTP) which is an optimization problem and its objective is to identify t...
Turkish contractors in the project finance of power projects in Sub-Saharan Africa (SSA)
Ovic, M’bi Mabiala; Dikmen Toker, İrem; Birgönül, Mustafa Talat; Department of Civil Engineering (2015)
The development of the power sector is essential for the development of Sub-Sahara African countries. The Sub-Sahara African region which comprises 48 countries has one of the lowest generation capacity in the world. As the region is one of the poorest in the world and governments lack the financial means to fund power projects, these ones have been financed through project finance. The trend is toward a bigger participation of the private sector and less of government financing. Therefore project finance i...
Risk assessment of international construction projects using the analytic network process
Bu-Qammaz, Amani Suliman; Birgönül, Mustafa Talat; Department of Civil Engineering (2007)
This thesis offers a comprehensive risk assessment methodology that provides a decision support tool, directed for Turkish construction organizations, which can be utilized through the bidding decisions for international construction projects. Within this context the analytic network process technique is implemented to develop a risk assessment model, which is used to derive the relative priorities of the risk factors associated with international construction projects. The findings of the risk assessment m...
Citation Formats
Ö. Sönmez, “Glocalization in international construction projects,” M.S. - Master of Science, Middle East Technical University, 2016.