Awale, R and Rowlinson, S (2015) An exploratory study of a CSV concept for achieving firm competitiveness in Hong Kong construction firms. In: Raiden, A and Aboagye-Nimo, E (eds.) Proceedings of 31st Annual ARCOM Conference, 7-9 September 2015, Lincoln, UK.
Abstract
The Hong Kong construction industry has both contributed to and benefited from the growth and development of the last decades. However, social and environmental challenges, particularly health and safety issues, manpower shortage, construction waste and landfill problems, pose significant constraints to the continued growth of the firms. Recent studies suggest that construction firms can embrace a 'Creating Shared Value' (CSV) concept to convert these issues into business opportunities and achieve long-term competitiveness. Despite this recognition, effort has not been made to investigate the CSV concept in construction management. Hence, this study aims to explore the CSV concept in the Hong Kong construction industry, and establish a link between the CSV concept and firm competitiveness using strategic management theory. This research employs multi-method approach, encompassing documents review and semi-structured interviews, adhering to the principles of building theory from the case study research and the grounded theory. Data are analysed qualitatively. The results show that construction practitioners have mixed attitudes toward the CSV concept and firm competitiveness. Various potential strategies that are in line with the CSV concept including the potential barriers in its implementation process are also identified.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | coding; competitiveness; grounded theory; shared value; thematic analysis |
| Index terms: | health and safety issues, thematic analysis, competitiveness, documents, strategic management, construction waste, landfill, construction industry, implementation, case study, shared value, interview, Hong Kong, construction practitioner, construction firm, firm competitivenes, exploratory study, grounded theory, strategy |
| Subjects: | market analysis, occupational health and safety management, industry analysis, research methods, theoretical framing, management, professional development, methods and analysis, Geography, business management, contractual arrangements, organization, data collection methods, equitable outcomes, waste management |
| Topics: | Value Management, Information Management, Geographical Context, Research Practice, Health and Safety, Business Strategy, Sustainability, Procurement |
| Descriptive scope: | 5 PCTEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here