Clarke, N P; Spillane, J P; Bradley, J G and Carmody, S (2023) Strategic planning practices in construction firms: A systematic review. In: Tutesigensi, A and Neilson, C J (eds.) Proceedings of 39th Annual ARCOM Conference, 4-6 September 2023, University of Leeds, Leeds, UK.
Abstract
Strategic planning aids enterprises to formulate a strategy, providing direction for future firm performance. However, strategic planning research has developed encompassing diverse subject matters. This has allowed scholars to thrive without being constrained, allowing multiple research perspectives. Numerous theories have been developed as the field has matured over the last fifty years in the business environment. This proposition holds true for the construction industry where these theories have been borrowed and adopted, resulting in an unclear landscape of how strategic planning practices occur in such firms. To answer this question a systematic literature review was conducted. Using the keywords “strategic planning” and “construction industry” between the years 2000-2022, a total of 511 papers were identified. After screening fifty papers were deemed appropriate for the study. Themes identified are strategic planning practices, human resource management, sustainability/environmental, strategic tools, alliances, performance, innovation, and theories. Strategic planning research is in decline, yet research of this subject has the potential to aid in a defined future for those who operate in the construction industry.
| Item Type: | Conference Paper (Paper) |
|---|---|
| Uncontrolled Keywords: | construction industry; construction management; performance; strategic management; systematic literature review |
| Index terms: | construction industry, systematic literature review, firm performance, strategic management, human resource management, construction firm, strategic planning, strategy, screening |
| Subjects: | business analysis, management, organization, industry analysis, research evaluation and metrics |
| Topics: | Human Resources, Research Practice, Business Strategy |
| Descriptive scope: | 4 PCTE |
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