The Financial Health of Construction Companies in Qatar: A Case Study

2012 ◽  
Vol 8 ◽  
pp. 55-72 ◽  
Author(s):  
Binu Varghese ◽  
Karim Menacere
Keyword(s):  
Strategic Management ◽  
Management Practices ◽  
Secondary Data ◽  
Construction Sector ◽  
Financial Health ◽  
Strategic Issues ◽  
Construction Companies ◽  
Strategic Management Framework ◽  
The Impact

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.

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
Keyword(s):  
Strategic Management ◽  
Construction Management ◽  
Management Practices ◽  
Secondary Data ◽  
Complex Issue ◽  
Construction Companies ◽  
The Mean ◽  
Design Construction ◽  
Structured Questionnaire

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.

scholarly journals Performance Evaluation of Construction Companies Using Integrated Entropy–Fuzzy VIKOR Model

Entropy ◽  
2021 ◽  
Vol 23 (3) ◽  
pp. 320
Author(s):  
Weng Siew Lam ◽  
Weng Hoe Lam ◽  
Saiful Hafizah Jaaman ◽  
Kah Fai Liew
Keyword(s):  
Financial Performance ◽  
Vital Role ◽  
Construction Sector ◽  
Financial Health ◽  
Construction Companies ◽  
Fuzzy Vikor ◽  
Proposed Model ◽  
The Government ◽  
A Company

The construction sector plays an important role in a country’s economic development. The financial performance of a company is a good indicator of its financial health and status. In Malaysia, the government encourages the construction industry to develop an advanced infrastructure related to health, transport, education and housing. In view of the COVID-19 pandemic, the operations and financial performance of construction sector companies have been affected recently. Additionally, uncertainty plays a vital role in the multi-criteria decision-making (MCDM) process. Based on previous studies, there has been no comprehensive study conducted on the evaluation of the financial performance of construction companies by integrating entropy and fuzzy VIKOR models. Therefore, this paper aims to propose an MCDM model to evaluate and compare the financial performance of construction companies with an integrated entropy–fuzzy VIKOR model. A case study is carried out by evaluating the listed construction companies in Malaysia with the proposed model. The findings of this paper indicate that the company ECONBHD achieves the best financial performance over the study period. The significance of this paper is to determine the priority of the financial ratios and ranking of the construction companies with the proposed entropy–fuzzy VIKOR model.

Strategic management practices in construction industry; Problems and prospects (A Case of Nigerian Enterprise Anambra State)

2021 ◽  
Vol 1 (1) ◽  
pp. 011-020
Author(s):  
Bldr Chidozie J. Ezenwata
Keyword(s):  
Strategic Management ◽  
Construction Industry ◽  
Research Design ◽  
Construction Management ◽  
Management Practices ◽  
Secondary Data ◽  
Chi Square ◽  
Anambra State ◽  
Chi Square Test

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.

Balanced Scorecard in the strategic planning of a construction company

2018 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Roberth Frias ◽  
Maria Medina
Keyword(s):  
Strategic Planning ◽  
Strategic Management ◽  
Balanced Scorecard ◽  
Organization Theory ◽  
Management Control ◽  
Management Tool ◽  
The Balanced Scorecard ◽  
Construction Company ◽  
Construction Companies ◽  
The Impact

This research focused on the strategic management tool Balanced Scorecard and strategic planning, as a guide to guide the management of companies, allowing communication and the functionality of the strategy using KPIs that allow to identify, maintain control and increase efficiency and the achievement of optimal results. For the deductive hypothetical analysis, the specific factors that affect business management performance were grouped into two variables: Balanced Scorecard and Strategic Planning. The objective of the work was to demonstrate the impact of the Balanced Scorecard in the strategic planning of a construction company. In order to support the research, the following theories were approached: the Financial Theory, the Economic Theory of the Company, the Transaction Costs, the Network Theory, the Organization Theory, the Dependence on Resources, the Strategic Management Theory and the Business Diagnosis Theory. The result obtained confirms the hypothesis that there is a significant incidence of the Balanced Scorecard in the strategic planning of construction companies. In conclusion, the construction company has obtained significant improvements in the results in each of the indicators evaluated with the implementation of the Balanced Scorecard, demonstrating improvements in their management results, affirming that there is better performance and management control allowing them to achieve the organizational objectives set.

Proportional Representation and its Impacts on Multi Ethnic Society of Sri Lanka

2016 ◽  
Vol 3 (5) ◽  
Author(s):  
Seeni Mohamed Aliff
Keyword(s):  
Sri Lanka ◽  
Institutional Design ◽  
Qualitative Case Study ◽  
Secondary Data ◽  
Electoral System ◽  
Ethnic Violence ◽  
Institutional Affiliation ◽  
Secondary Data Sources ◽  
The Impact

This paper will examine the impact of PR electoral systems in a divided society. This research will explore the strength and weakness of the current electoral system and institutional design of Sri Lanka and will recommend changes to decrease the risk of minority exclusion in decision making and ethnic violence. The objectives of this research are to examine the character of the merits and demerits of the PR, and to investigate and assess the impacts of the PR in the multi ethnic societies of Sri Lanka. The study is a qualitative case study, and primary and secondary data sources have been employed to gather relevant data. The My Fieldwork was conducted in Sri Lanka, with the intention of gaining a better and more thorough understanding of the current situation. The interviews conducted were as such not structured or semi-structured, due to the interviewees’ varying professional background and institutional affiliation. Accordingly, unstructured interviews, as well as informal conversations and meetings, were conducted throughout Sri Lanka.

scholarly journals Using patient feedback to drive quality improvement in hospitals: a qualitative study

BMJ Open ◽  
2020 ◽  
Vol 10 (10) ◽  
pp. e037641
Author(s):  
Simone Berger ◽  
Ana Maria Saut ◽  
Fernando Tobal Berssaneti
Keyword(s):  
Quality Improvement ◽  
Customer Service ◽  
Secondary Data ◽  
Study Data ◽  
Patient Feedback ◽  
Multiple Case ◽  
Net Promoter ◽  
The Impact ◽  
Quality Tools

ObjectivesAlthough different forms of patient feedback are available, their use in hospital management is still limited. The objective of this study is to explore how patient feedback is currently used in hospitals to improve quality.DesignThis is a qualitative exploratory multiple case study. Data collection included nine interviews, of an average duration of 50 min, conducted between March and June 2019. Additionally, a document and secondary data analysis were performed.SettingThis study was conducted in three Brazilian hospitals selected for their solid patient feedback practises.ParticipantsManagers from the customer service, quality, nursing, operations, projects and patient experience departments of the three hospitals.ResultsDespite literature suggesting that organisational objectives regarding patient feedback are not clear, data show that there is managerial concern regarding the promotion of an environment capable of changing according to patient feedback. In these instances, organisational processes were structured to focus on patients’ feedback and its receipt by the staff, including a non-punitive culture. Several patient feedback forms are available: voluntary events, patient surveys and informal feedback. Instruments to measure patient feedback focused on specific aspects of healthcare, to identify and clarify the problems for addressal by the management. The net promoter score was the main strategic indicator of patient feedback, used to assess the impact of improvement action.ConclusionsThe hospitals had established objectives that valued the patient’s perspective. Involvement of the health team, availability of different channels for feedback and the use of quality tools are considered a good basis for using patient feedback to drive quality improvement.

scholarly journals Assessing the Impact of Strategic Management Practices on the Performance of Commercial Banks in Makurdi – Nigeria

2021 ◽  
pp. 34-45
Author(s):  
David Adugh Kuhe ◽  
Victor Utor ◽  
Darius Ikyanyon
Keyword(s):  
Strategic Management ◽  
Organizational Performance ◽  
Commercial Banks ◽  
Management Practices ◽  
Primary Data ◽  
Regression Result ◽  
Correlation And Regression Analysis ◽  
Management Techniques ◽  
The Impact ◽  
Structured Questionnaire

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.

scholarly journals The Potential of Poverty in the City of Palangka Raya: Study SMIs Affected Pandemic Covid 19

2020 ◽  
Vol 3 (3) ◽  
pp. 1626-1634
Author(s):  
Pipit Anggriati Ningrum ◽  
Alexandra Hukom ◽  
Saputra Adiwijaya
Keyword(s):  
Qualitative Research ◽  
Case Study Research ◽  
Secondary Data ◽  
Study Research ◽  
Sales And Marketing ◽  
The Impact ◽  
The City ◽  
Depth Interviews ◽  
Detrimental Impact

This study aims to analyze the increasing potential for poverty in the city of Palangka Raya from the perspective of SMIs due to the impact of the 19th COVID pandemic. The data was obtained based on the results of in-depth interviews from February to April 2020 with 10 SMIs and supported from secondary data from the Central Statistics Agency. The data is processed based on qualitative research principles based on the type of case study research. In the results of this study it was found that the SMIs experienced a very detrimental impact in terms of sales and marketing of products so that employees who come to work are terminated indefinitely, in this connection it appears that there is potential increases in poverty that can occur in the future come.

scholarly journals Tugas PI

2021 ◽  
Author(s):  
Jean Michael Sitanayah
Keyword(s):  
Qualitative Research ◽  
Secondary Data ◽  
Primary Data ◽  
Fisheries Regulation ◽  
Partnership Agreement ◽  
The Impact ◽  
Opening Up

The new policy to provide broad flexibility to capture lobster seeds is the same as opening up massive exploitation and welcoming the extinction of lobster seeds in Indonesia. The commitment of lobster seed exporters to develop cultivation is very doubtful and is suspected of using partnerships with lobster cultivators as an effort to obtain a lobster seed export license only. After obtaining the license, the exporters are predicted to break the partnership agreement. Therefore, there needs to be an evaluation, given that business actors are not ready with supporting facilities and infrastructure to carry out the cultivation. This qualitative research leads to a case study of the impact of a new policy regarding the export of lobster seeds on the sustainability of lobster in Indonesia. This study uses primary data and secondary data to explore and explain the impact of Minister of Marine Affairs and Fisheries Regulation Number 12 of 2020 in order to draw general conclusions and support the theory.

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