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Barriers to adopting strategic planning as a management tool in small construction firms

Authors: Clarke, Noel P.; Spillane, John; Bradley, Jim;

Barriers to adopting strategic planning as a management tool in small construction firms

Abstract

Strategic planning enables firms to determine their long-term direction. Research indicates a positive correlation between strategic planning and improved performance. Yet, small firms within the construction industry are slow to adopt strategic planning in their organisations. To understand why small firms do not use strategic planning; 20 semi-structured interviews are conducted with owners and senior managers from eight principal contractors; eight subcontractors and four consultancies to gain insight. Interviews are transcribed; coded using NVivo; and themes developed using thematic analysis. The results indicate time constraints; expertise/exposure; focusing on operational matters; the owners' motivations for being in business and industry structure as inhibitors to adopting strategic planning in small firms. The negative consequences of not planning strategically in the construction industry have been reported. This paper contributes to strategy and construction management research by discerning the reasons why small firms do not plan strategically. The findings require an integrated approach at governmental level; industry level and behavioural changes within small firms to improve strategic planning.

Country
Ireland
Keywords

construction management, Engineering, construction industry, strategic management, strategic planning, small firms

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green
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