Construction organisations have adapted themselves to address change Essay

Construction organisations have adapted themselves to address change and the growing complexity of the construction industry.Pre - Essay Example One of the key characteristics of the construction industry is its high complexity; the projects developed across this industry are depended on a series of factors, including technology, climate conditions, suppliers’ and employees’ efficiency and responsibility, local regulation and so on. Therefore, for the firms that operate in the particular industry the full achievement of their goals is a challenging task; in fact, the research on the industry’s characteristics and performance has led to the conclusion that operational and strategic failures are common phenomena in this industry. This issue is discussed in this paper; it is concluded that the above failures can justify the argument that in modern market no single ideal organization can exist. The aspects and the explanation of this argument are presented in this paper referring, as an example, to the challenges and the performance of firms operating in the construction industry. 2. Change and increase of co mplexity in the construction industry - characteristics, responses and consequences - discussion of the premise that there is no single ideal organization. ... The value of the construction industry for economies worldwide cannot be ignored. For example, in USA, one of the most competitive construction markets globally, the value of the construction industry for the domestic product has estimated to 9% - referring to 2005 (Atallah 2006). Despite its size, the construction industry in USA is not well structured – a high fragmentation has been identified; more specifically, most of the industry’s firms are small and operate within their local area – about 2.1 millions of the relevant businesses are self-employed (Atallah 2006). This fact limits the potentials of these firms to face the challenges set by the globalization. The above phenomenon is common in countries worldwide. Firms in the construction industry are usually established and operate in the context of the development of particular construction projects; in many cases, the end of a construction project can set the survival of a construction firm in risk. In oth er words, there is no expansion of the activities or tasks allocated to the employees. Rather, the operation of each construction firm is depended on the successful development of a particular construction project; it is for this reason, that most of firms in this industry are self-employed – the number of employees is low. This trend is reflected in the figures released in the study of Bennett (2003); in accordance with the above study, the construction firms in Italy have been estimated to 482,000 (for 2002), a number extremely high taking into consideration the potential number of construction projects developed across the country/ compared to the country’s size and relevant needs (Bennett 2003). Moreover, in accordance with a

Research Data Analysis (using SPSS) Essay Example | Topics and Well Written Essays - 3250 words

Research Data Analysis (using SPSS) - Essay Example There are many factors that have significant effect on generating managers and successful businesses and organizations. Such factors are related to benchmarks that a company can use to determine if the company has been doing well during the past year or years. The most important of them all is the net income or we can call it by the name turnover. The main purpose for people to put up a business, whether the organization is a partnership, a corporation or even single proprietorship, is to generate net income in order for the business to continue survive for many years. Another benchmark that must be considered is the effect of daily expenses on the net income. When the expenses increase, this will result to a decrease in net income. But when the expenses decrease, the result will be an increase in net income. The chief executive manager in the XXXX Company has indicated that they have problems in staffing. The company is in real need of experienced staff. Staffing is the process of hiring skilled workers and maintaining present skilled workers. Even if the skilled worker is asking and is being paid higher than a newly hired or inexperienced work applicant, the skilled worker will be worth the higher pay because the skilled worker can work faster and create better quality products than newly hired employees. Most customers prefer to buy a high quality product at a higher price because the customers believe that such items will last longer and satisfy the delicate high quality services. One way of lessening expenses is to hire part time staff during peak seasons. It is the time when many customers arrive. In this case, it usually happens during Christmas vacation and other important events. A third benchmark that ought to be taken into account is the increase or decrease in net sales that the company has generated during the past year or years that it has been in business. When the net sales will increase, the net income will also increase. But when the net sales will decrease, the sad result is that the net income will automatically be lesser.To improve the operational and financial aspect of the business some measures that were taken was the training and retraining of employees. This has contributed much to the improved performance of the employees, according to the chief executive manager interviewed. Competitive salaries comparable with the competitors are given to well performing employees to retain their loyalty. Furthermore, annual salary increases based on performance will encourage employees to outperform the benchmarks or quotas agreed upon during general meetings between management and employees affected. Another action that was taken to improve its operating and financial performance was the up to date study of the products, marketing plans and current market share of company's competitors. The study will help much to increase the net income of the company. Another step taken by this executive is to keep a database of present customers. Constant communication with the clients regarding company offers that would satisfy the clients' needs was a priority strategy of the executive here. This has been made