scholarly journals The effectiveness of tactical management practices in the construction companies

2021 ◽  
Vol 2 (1) ◽  
pp. 001-010
Author(s):  
Bldr Chidozie J. Ezenwata

This work provides an overview tactics with the intention to analyze and to evaluate effectiveness of strategic management practices in construction companies. In order to achieve this, relevant studies were examined and reviewed on the issues of management practices and construction companies. The research method used is the application of statistical tools in SPSS and Minitab tools to evaluate and to analysis the distributed questionnaires. The aim of the research design is the desire to simplify the complex issue of the strategic management practices, in construction companies in decision making for a better understanding. 349 responses were used to study the population of the construction companies’ staff in the case study. The primary and secondary data are the sources of data used for this research. The instruments used in collection of the data were structured questionnaire, interview and observation. The descriptive method was used to analyze the data generated for the research. This was supported by tables showing questions, responses, frequency and percentages. The mean scores, correlation, and standard deviation test was used in analyzing the data generated for the study. The findings indicate that the effectiveness of management practices tactics are highly essential, influential and significance in construction companies. Without adequate tactical management practices, construction companies will have deficiencies in design, construction and construction management. Based on the above findings the researcher made recommendations that will help to enhance construction companies and construction management and to create effectiveness that will enable the environment specifically in construction companies.

Author(s):  
Binu Varghese ◽  
Karim Menacere

This paper aims to assess the impact of financial factors which have a direct bearing on the success or failure of the construction companies. This paper is part of the main study which aims to identify key areas of strategic issues for construction companies in Qatar by using 6S strategic management framework. This research adopts a combination of primary and secondary data using a questionnaire survey involving 115 companies holding 99 per cent of the market share in Qatar. In this case study, a total of 17 financial ratios were employed as performance measurement tools. Interpreting these ratios, typical median (industry average) and typical range were used to compare a companys average ratios. The analyses reveal that most of the construction companies do not have sufficient financial resources, lack of monitoring system for the cash flow, and project costs. Without effective strategic management practices, construction companies are putting their self-up to failure. In addition to comparing the financial health of construction sector, this study aims to fill in the gap by creating basic benchmarks for 17 ratios applicable to construction sector in Qatar.


2021 ◽  
Vol 1 (1) ◽  
pp. 011-020
Author(s):  
Bldr Chidozie J. Ezenwata

This work provides an overview of problems and prospects with the intention to analyze and to evaluate strategic management practices in construction industry. In order to achieve this, relevant studies were examined and reviewed issues on strategic management practices, its problems and prospects in construction industry. Descriptive research design was used in this research. The aim of the research design is the desire to simplify the complex issue of the strategic management practices, its problems and prospects in construction industry in decision making for a better understanding. 261 staff was used to study the population of the construction staff in the case study. The sources of data used for this research are primary and secondary data. The instruments used in collection of the data were structured questionnaire, interview and observation. The descriptive method was used to analyze the data generated for the research. This was supported by tables showing questions, responses, frequency and percentages of Yes or No. The mean scores, correlation, one-way ANOVA and Chi-square test was used in analyzing the data generated for the study. The findings indicate that strategic management practices are highly essential and there is high prospect from the department of strategic management practices in construction industries. Without adequate strategic management practices, construction industries will have problems in design, construction and construction management specifically companies in the case study. Based on the above findings the researcher made recommendations that will help to enhance construction management, promote high prospect in construction industries and to create profitability that will enable the environment specifically companies in the case construction industries.


Author(s):  
David Adugh Kuhe ◽  
Victor Utor ◽  
Darius Ikyanyon

The aim of this study is to assess the impact of strategic management practices on the performance of some commercial banks in Makurdi – Nigeria. The study utilized primary data obtained through structured questionnaire administered to 160 respondents sampled from seven commercial banks in the study area. The collected data from the study were analyzed using descriptive statistics, percentages, correlation and regression analysis. The correlation results showed that strategic management practices are highly positively and significantly related to organizational performance. The regression result which explains about 99.9% variability in the model revealed that strategic management had positive and significant impact on the performance and profitability of commercial banks. The study recommended among other things that the management of the commercial banks should enhance the strategic management techniques in order to improve performance.


2017 ◽  
Vol 33 (2) ◽  
Author(s):  
Elizabeth Nappi Correa ◽  
Cristina Maria Proença Padez ◽  
Ângelo Horta de Abreu ◽  
Francisco de Assis Guedes de Vasconcelos

Abstract: The objective of this study was to identify the food vendor distribution profile of the city of Florianópolis, Santa Catarina State, Brazil, and investigate its association with the socioeconomic and demographic characteristics of different municipal regions. This descriptive, cross-sectional study obtained the location of food vendors from secondary data from different institutional sources. The density of different types of food vendors per 1,000 inhabitants in each municipal weighted area was calculated. The Kruskal-Wallis test compared the mean density of food vendors and the weighted income areas. The lowest-income regions had the lowest density of butchers, snack bars, supermarkets, bakeries/pastry shops, natural product stores, juice bars, and convenience stores. The identification of these areas may encourage the creation of public policies that facilitate healthy food startups and/or maintenance of healthy food vendors, especially in the lowest-income regions.


Author(s):  
Ayesha Khatun ◽  
Sajad Nabi Dar

The pace of competition has increased in every sphere of the economy, and to face such high level of competition, organizations look for sustainable competitive edge. Knowledge as a tool of competition has been found to be highly sustainable as compared to physical resources and even technology, so organizations look for managing knowledge with strategic focus. This paper attempts to assess the knowledge management practices of a top Indian B-School, to identify the challenges faced by the B-School in the domain of knowledge management implementation and the coping strategies adopted by the school vis-à-vis the challenges. The study adopts for itself a descriptive framework and bases the enquiry on both primary as well as secondary data. For carrying out the investigation, case study method of research was applied. The findings show that though the B-School under study practices most of the selected parameters of knowledge management, managing knowledge as a strategic tool for developing and maintaining sustainable competitive edge is yet to be recognized.


2021 ◽  
Vol 24 (2) ◽  
pp. 101-105
Author(s):  
E. E. Guobadia

The study was designed to find out the effect of seasonal variation on poultry in Delta State of Nigeria. The variables considered were mortality rate, feed intake, egg production and egg hatchability in the wet and dry seasons of the year. Secondary data were also collected from records kept in the farm. Sites 4AHI-BLK,5AKI-BLK, 9H/BF and 10H/BF were used for the study with each having an average of 2,500-3,500 birds of the same breed and sex aged 1-9 weeks and 21-52weeks. The records were grouped into dry season (October-March) and wet season (April-September) covering three years, 1991-1994. The analysis of the result showed that seasonal variation does not have any significant effect (P < 0.05) on mortality and feed intake in the two seasons. However percentage egg production and egg hatchability revealed a significant difference (P < 0.05) between the two seasons, with a mean % egg production and hatchability of 74±.03 and 80.6 in the wet season and 53.67±0.01 and 55.9 respectively in the dry season. Recommendation is therefore made for proper planning which ensures the utilization of wet and dry season management practices to reduce the effect of high humidity and embient temperature on production.


2015 ◽  
Vol 4 (2) ◽  
pp. 92
Author(s):  
Erih E. A. ◽  
Oni O. A. ◽  
Fashogbon A. E.

<p>The study was conducted to address the issue of consumers’ willingness to pay for inclusion of cassava flour in bread in Lagos State. The data were collected randomly from a sample of 300 respondents in the state through the use of a well structured questionnaire. The contingent valuation method was adopted to estimate both the mean willingness to pay of consumers and the factors that affect their willingness to pay and these were analyzed using the bivariate probit model. The most significant model was the 10percent cassava flour inclusion as it has the highest number of significant variables (eight) followed by 20percent cassava flour inclusion with seven significant variables and 30 and 40percent cassava flour inclusion with six significant variables each. The factors that influenced consumers’ willingness to pay for CCW bread were the respondent’s age, gender, respondents’ awareness, married respondents, respondents with head position<em>,</em>and bread share which is the<em> </em>proportion of respondents income spent on bread to total income. The mean willingness to pay for bread with an inclusion of cassava flour at 10, 20, 30, and 40percent cassava flour inclusion were ?172.70, ?165.00, ?154.07, and ?142.78 respectively for initial bid while the mean willingness-to-pay at 10, 20, 30, and 40percent cassava flour inclusion were ?180.20, ?150.41, ?143.35, and ?127.36 respectively for subsequent bid. Arising from the result of this study, birth control policies were recommended among respondents in the study area.</p>


2019 ◽  
Vol 8 (4) ◽  
pp. 39-65
Author(s):  
Brian J. Galli

All industries rely on communication and its effectiveness to run a system of subcontracting. There are many subcontractors in the construction industry that are involved in processes, such as design, plumbing, electrical, and project management. Communication facilitates cooperation, but when it is ineffective, then it leads to poor performance. The situation is even more critical in a culturally diverse environment, such as the UAE construction industry. This study sought to investigate the risks that ineffective communication can have on a construction industry by using the UAE as a case study. The researcher collected secondary data by conducting an in-depth analysis of past studies. Also, the qualitative analysis of the information led to the realization that communication failure could cause sub-contractor failure, scope changes, design changes, ineffective knowledge transfer, poor stakeholder engagement, time differences, and geographical distance.


2019 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Michael Kipkorir Langat ◽  
Dr. Lawrence Wainaina

Purpose: The objective of this study was to assess the influence of strategic management practices and organization performance of deposit taking SACCOs  in Kericho county.Methodology: The study was based on a descriptive research with population of the study being sampled from DT-SACCOs in Kericho County. The study adopted a census sampling technique; thus, the sample size for the study was 80 personnel drawn from the 8 SACCOS operating in Kericho County. The study further utilized primary and secondary data. The research relied on questionnaires in collecting primary data. The study used SPSS 24 in the analysis. The data was analyzed using means, standard deviation, correlation matrix and regression models. This was presented using charts, figures and tables.Results: The findings of the research indicated that there is a positive effect of strategic management practices on the organization performance. The correlation results indicated that employee competency and organization structure had a strong effect on the performance of the SACCOs.Distinctive contribution to theory, practice and policy contribution: The study recommends that the organization should strive to enhance the professional development of the staff members as this will enhance the overall employee productivity. The research further recommends that the financial institutions should engage the personnel in 


Author(s):  
Mohd Syaiful Rizal Abd Hamid ◽  
Saifuddin Isa ◽  
Chew Boon Cheong

This chapter explores the key factors for selecting quality tools and techniques in industrial revolution 4.0, particularly in the smart manufacturing context. What are the factors determining which quality tools and techniques are more applicable in specific circumstances related to quality performance in Industrial Revolution 4.0? To answer this question, authors employ a multiple case study and an in-depth literature review as the research design approach. Two key data collection methods (qualitative methods) are used: (1) Primary data from face-to-face interviews with Toyo Memory Technology and Intel Malaysia (2) Secondary data from previous studies. This review, coupled with the case study analysis, leads to the identification of the real implementation of quality tools and techniques in the industries. The chapter can enhance the reader understanding of Industrial Revolution 4.0 and quality management practices as well as highlight opportunities for further research.


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