scholarly journals Forgetting social value and other good practices in construction supply chains: Procurement in pandemics

2020 ◽  
Vol 10 (4) ◽  
pp. 221-233
Author(s):  
Greg Watt ◽  
Keyword(s):  
Supply Chain ◽  
Construction Industry ◽  
Narrative Analysis ◽  
Value Creation ◽  
Social Value ◽  
Supply Chain Collaboration ◽  
Structured Interviews ◽  
Social Value Creation ◽  
The Creation ◽  
The Uk

The construction industry is a major contributor to the UK economy and provides additional benefits for wider society including the creation of social value. The creation of social value is highly dependent upon the construction industry supply chain which can been described as fragmented, adversarial and wasteful. Supply chain collaboration has been improving in recent times with increased trust and communication helping to successfully deliver project requirements, including the creation of social value. However, progression in construction supply chain collaboration was made pre Covid-19, the consequential UK Government enforced lockdown, and resulting recession. As we are now in the immediate aftermath of the initial impacts of the pandemic, this paper aims to understand if the lockdown and proceeding recession has resulted in any supply chain procurement behaviour changes of Quantity Surveying professionals, and how such changes may impact upon social value creation. Semi structured interviews were conducted with seventeen main contractor Quantity Surveyors and the results analysed using narrative analysis. The results revealed that whilst there is a lack of supply chain collaboration generally, progress has been made in building trust and communication amongst the supply chain to help create social value. However, changes in supply chain management behaviours post pandemic now risk undermining social value creation in the construction industry.

scholarly journals The Moderating Effect of Social Innovation in Perspectives of Shared Value Creation in the Educational Sector of Ghana

2018 ◽  
Vol 10 (11) ◽  
pp. 4216 ◽  
Author(s):  
Wenyuan Li ◽  
Mohammed Abubakari Sadick ◽  
Abdul-Aziz Ibn Musah ◽  
Salisu Mustapha
Keyword(s):  
Value Creation ◽  
Social Innovation ◽  
Economic Value ◽  
Social Value ◽  
Survey Study ◽  
Shared Value ◽  
Study Results ◽  
Social Value Creation ◽  
The Creation ◽  
Moderating Role

This paper presents a survey study of how social innovation moderates social and economic value from the perspective of shared value creation. Specifically, the study addresses the following questions: Does economic value lead to social value creation in shared value creation? Does social innovation moderate social and economic value in the creation of shared value? The questions are addressed through an empirical investigation of 250 social enterprise organizations that apply social objectives and a market-based approach to attain social and economic goals in Ghana. The study used SmartPLS software version 3.0 to evaluate the data collected. The results indicated that economic value influences the creation of social value in shared value creation. Study results also revealed that social innovation is a driver of shared value creation via social value in the educational sector of Ghana. However, social innovation could not play a moderating role in economic value to shared value creation.

Creating Social Value in Societies

2019 ◽  
pp. 1492-1509
Author(s):  
Igbinakhase Idahosa
Keyword(s):  
Value Creation ◽  
Collective Responsibility ◽  
Business Environment ◽  
Value Theory ◽  
Social Value ◽  
Limiting Factors ◽  
The United Kingdom ◽  
The Social ◽  
Social Value Creation ◽  
The Uk

This chapter critically examines social value creation in societies focusing on the “shared value” theory and stakeholders' “collective responsibility” hinged on social responsibility. The social value creation process is reviewed from the social entrepreneurship perspective considering the essential business/social inputs required to create social value for the business and the host society. The United Kingdom (UK) is used as a case study, depicting factors shaping the business environment. Other current meaningful developments, which include the Social Value Act 2012 that promotes social value creation in the country, are discussed. An analysis of the UK model of social value creation and why it will be difficult to implement in developing countries is also provided. Constraints such as poor infrastructure, corruption and other limiting factors are considered. Finally, social value creation is a sustainable process and every stakeholder benefits from its outcomes.

scholarly journals CHANGE IN UK CONSTRUCTION: MOVING TOWARD SUPPLY CHAIN COLLABORATION

2013 ◽  
Vol 19 (3) ◽  
pp. 422-432 ◽  
Author(s):  
Xianhai Meng
Keyword(s):  
Supply Chain ◽  
Construction Industry ◽  
Questionnaire Survey ◽  
Empirical Studies ◽  
Important Change ◽  
Current Status ◽  
Clear Understanding ◽  
Supply Chain Collaboration ◽  
Supply Chain Relationships ◽  
The Uk

The traditional adversarial relationship in the construction industry has been criticized by a larger number of researchers and practitioners. Following the success of the supply chain collaboration in other industry sectors, such as manufacturing, supply chain relationships in UK construction have been increasingly changing from the traditional adversarial to the collaborative, which is supported by a series of government reports for the industry reform. However, few empirical studies have been conducted to investigate the current status of supply chain relationships in a systematic way. Therefore, there is no clear understanding of how change has taken place in today's practice and whether or not the change is balanced. To bridge the gap, a questionnaire survey is carried out in the UK construction industry. Based on the analysis of more than 100 responses, it is found that the UK construction industry as a whole has experienced an important change and moved toward supply chain collaboration. On the other hand, an unbalance is found for the change movement. In addition to the questionnaire survey, a series of industrial experts are interviewed, which help to explore the specific characteristics of supply chain collaboration in construction and provide practical implications for collaboration strategy implementation.

Entrepreneurial orientation, externalities and social entrepreneurship

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jeffrey Gauthier ◽  
David Cohen ◽  
Christopher R. Meyer
Keyword(s):  
Financial Performance ◽  
Value Creation ◽  
Social Entrepreneurship ◽  
Entrepreneurial Orientation ◽  
Empirical Studies ◽  
Social Value ◽  
Content Type ◽  
Social Value Creation ◽  
The Creation ◽  
The Impact

Purpose The purpose of this paper is to consider how the dimensions of entrepreneurial orientation (EO) may support or diminish the creation of social value. Design/methodology/approach The approach applies Lumpkin and Dess’s multidimensional conceptualization of EO to the growing body of literature on social entrepreneurship. Findings Propositions on the effects of autonomy, competitive aggressiveness, innovativeness, proactiveness and risk-taking on social value creation are developed. Research limitations/implications The propositions offered in the paper suggest avenues for future empirical studies that seek to examine the impact of EO on social, rather than financial, performance. Originality/value A significant body of research has examined the relationship between EO and financial performance, but potential implications for social value creation remain unclear. This paper seeks to address this gap in understanding of EO and social entrepreneurship and argues that two components of EO may adversely impact the creation of social value.

Creating Social Value in Societies

2016 ◽  
pp. 21-38
Author(s):  
Igbinakhase Idahosa
Keyword(s):  
Value Creation ◽  
Collective Responsibility ◽  
Business Environment ◽  
Value Theory ◽  
Social Value ◽  
Limiting Factors ◽  
The United Kingdom ◽  
The Social ◽  
Social Value Creation ◽  
The Uk

This chapter critically examines social value creation in societies focusing on the “shared value” theory and stakeholders' “collective responsibility” hinged on social responsibility. The social value creation process is reviewed from the social entrepreneurship perspective considering the essential business/social inputs required to create social value for the business and the host society. The United Kingdom (UK) is used as a case study, depicting factors shaping the business environment. Other current meaningful developments, which include the Social Value Act 2012 that promotes social value creation in the country, are discussed. An analysis of the UK model of social value creation and why it will be difficult to implement in developing countries is also provided. Constraints such as poor infrastructure, corruption and other limiting factors are considered. Finally, social value creation is a sustainable process and every stakeholder benefits from its outcomes.

Practitioners’ Perspectives on Supply Chain Collaboration in UK Construction Projects

2013 ◽  
Vol 4 (1) ◽  
pp. 27-40 ◽  
Author(s):  
Xianhai Meng ◽  
Ming Sun ◽  
Martyn Jones
Keyword(s):  
Supply Chain ◽  
Construction Industry ◽  
Construction Projects ◽  
Success Factors ◽  
Group Discussion ◽  
Supply Chain Collaboration ◽  
Public And Private ◽  
Critical Success ◽  
Traditional Construction ◽  
The Uk

Since the beginning of 1990s, there has been an increasing emphasis on supply chain collaboration in the UK construction industry through learning from manufacturing. The adoption of supply chain collaboration is now widely recognised as an effective way of addressing various traditional construction problems. This paper presents the findings of a research project that examines the practitioners’ perspectives on supply chain collaboration in construction projects. The critical success factors (CSFs) of supply chain collaboration are identified from an online focus group discussion and ten expert interviews, whose results are analysed by using the NVivo software package. Unlike existing studies, this study develops an input-process-output model based on the categorisation of the identified CSFs. In addition, supply chain collaboration is compared between public and private sectors, between short-term and long-term programmes, between upstream and downstream supply chains, and between different areas of relationships. The comparative analysis describes the balanced and the unbalanced natures of supply chain collaboration. The findings in this study provide a better understanding of supply chain collaboration in today’s construction practice. Although this study is based on the UK construction industry, its findings may also be useful for construction organisations in other countries to pursue supply chain collaboration.

Understanding and mapping stakeholders of sport clubs: particularities

2020 ◽  
Vol 10 (3) ◽  
pp. 359-378
Author(s):  
Xabier Mendizabal ◽  
Leire San-Jose ◽  
Jose Domingo Garcia-Merino
Keyword(s):  
Value Creation ◽  
Point Of View ◽  
Social Value ◽  
Sport Organizations ◽  
Structured Interviews ◽  
Social Emotional ◽  
Content Type ◽  
Professional Basketball ◽  
Wide Range ◽  
Social Value Creation

PurposeProfessional basketball clubs generate value not only for shareholders, but also for other stakeholders. These organizations create a broader social value for a wide range of stakeholders, and thus, it is useful to consider these stakeholders' perceptions of social value creation. Therefore, under the generic framework of grounded theory, this paper aims to create a stakeholder map of professional basketball clubs, taking into account the common coopetition context in sporting competitions.Design/methodology/approachIn total, 49 qualitative semi-structured interviews were conducted in collaboration with the representatives of two Spanish basketball clubs to establish the particularities of the stakeholders of these organizations compared with non-sport businesses (NsP) to confirm the stakeholder map. The Bryson process was used to develop the stakeholder map.FindingsThe map shows that there are three kinds of stakeholders of professional basketball clubs compared with non-sport organizations: similar, singular and entirely different. The perception of different social value dimensions confirm the findings of the stakeholder map, emphasizing that these organizations should take into account multidimensional stakeholder-value creation (functional, social, emotional and epistemic).Originality/valueThis study provides evidence from a holistic point of view that economic performance is not a unique indicator for measuring basketball clubs as efficient organizations, proving the usefulness of the stakeholder map.

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