The strategy process within large construction orgnisations
Andrew Price
Abstract
Andrew Price
Abstract
This paper investigates current approaches to the process of managing strategy within the construction industry. The results from nine case studies have been summarised under the headings of: defining the process of developing strategy; activities and outputs associated with the strategic process; strategic tools and techniques used in the process; outputs to the strategic process and factors that govern strategic success time scale for planning horizons; the level of personnel involvement; and the most important factors for successful implementation of strategy. The strategic frameworks adopted by the case study organisations have been combined into a single framework for managing the strategic process. Several issues of strategic concern were identified and recommendations have been put forward under three headings: development of the strategic process; improvement of internal and external audits; and increased application of appropriate tools and techniques.
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This paper investigates current approaches to the process of managing strategy within the construction industry. The results from nine case studies have been summarised under the headings of: defining the process of developing strategy; activities and outputs associated with the strategic process; strategic tools and techniques used in the process; outputs to the strategic process and factors that govern strategic success time scale for planning horizons; the level of personnel involvement; and the most important factors for successful implementation of strategy. The strategic frameworks adopted by the case study organisations have been combined into a single framework for managing the strategic process. Several issues of strategic concern were identified and recommendations have been put forward under three headings: development of the strategic process; improvement of internal and external audits; and increased application of appropriate tools and techniques.
Key concepts: Strategic planning, Process management, Process (computing), Strategic alignment, Audit, Business, Strategic management, Strategy implementation