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Cheah, C Y J, Kang, J and Chew, D A S (2007) Strategic analysis of large local construction firms in China. Construction Management and Economics, 25(01), 25-38.

  • Type: Journal Article
  • Keywords: China; competence; competitiveness; construction companies; strategic analysis
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446190600693450
  • Abstract:

    The many transitory changes in China have raised the intensity level of competition among construction firms. Despite having a high growth economy, some construction firms continue to suffer from low profitability. Meanwhile, practical cases and empirical findings related to Chinese construction firms remain lacking. This research develops a conceptual model for improving the competitiveness of large construction firms in China. The model integrates two main streams of strategic management theories—the industrial organisation theories, and the resource‐based and competence‐based views. Critical variables that form the model are initially identified from an environmental analysis and the case studies of 12 large Chinese construction companies. The relationships between competitive strategies, important resources and competencies, and competitive advantage are then verified using survey results. The statistical findings suggest that two strategies—differentiation and market/product diversification, and three important resources and competencies—technological innovative capabilities, financial capabilities and guanxi (relationship), directly affect firm performance as measured by revenue and profit growth. 

Lewis, T M (2007) Impact of globalization on the construction sector in developing countries. Construction Management and Economics, 25(01), 7-23.

Mbachu, J and Nkado, R (2007) Factors constraining successful building project implementation in South Africa. Construction Management and Economics, 25(01), 39-54.

Plessis, C D (2007) A strategic framework for sustainable construction in developing countries. Construction Management and Economics, 25(01), 67-76.

Rwelamila, P M D (2007) Project management competence in public sector infrastructure organisations. Construction Management and Economics, 25(01), 55-66.

Wells, J (2007) Informality in the construction sector in developing countries. Construction Management and Economics, 25(01), 87-93.

Wong, J, Wong, P N K and Heng, L (2007) An investigation of leadership styles and relationship cultures of Chinese and expatriate managers in multinational construction companies in Hong Kong. Construction Management and Economics, 25(01), 95-106.

Yorucu, V and Keles, R (2007) The construction boom and environmental protection in Northern Cyprus as a consequence of the Annan Plan. Construction Management and Economics, 25(01), 77-86.