Impact of Resources and Strategies on Construction Company Performance

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2010-01-01

Author

Isik, Zeynep
Arditi, David
Dikmen Toker, İrem
Birgönül, Mustafa Talat

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Globalized competition and customer needs forced construction companies to measure their performance beyond the financial measures such as profitability, turnover, etc. As qualitative determinants were added to measurement systems, their investigation and evaluation became a major area of research. In this study, the impact of "resources and capabilities," "strategic decisions," "project management competencies," and "strength of relationships with other parties" on "company performance" was investigated. A questionnaire survey was administered to 73 Turkish contractors and the results of the survey were analyzed using structural equation modeling. The findings indicate that, as expected, resources and capabilities and strategic decisions have an important and direct impact on company performance, whereas project management competencies and strength of relationships with other parties impact company performance only indirectly, through their impact on companies' resources and capabilities and strategic decisions.

Subject Keywords

Management Science and Operations Research, General Engineering, Strategy and Management, Industrial relations

URI

https://hdl.handle.net/11511/41846

Journal

JOURNAL OF MANAGEMENT IN ENGINEERING

DOI

https://doi.org/10.1061/(asce)0742-597x(2010)26:1(9)

Collections

Department of Civil Engineering, Article

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Citation Formats

Z. Isik, D. Arditi, İ. Dikmen Toker, and M. T. Birgönül, “Impact of Resources and Strategies on Construction Company Performance,” JOURNAL OF MANAGEMENT IN ENGINEERING, pp. 9–18, 2010, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/41846.