Benes, J and Diepeveen, W J (1985) Flexible planning in construction firms. Construction Management and Economics, 3(1), pp. 25-31. ISSN 01446193
Abstract
The development of a business policy and plan are major tools for the management of the construction firm. The nature of a reliable business policy and the design of an operational plan have changed completely over the last ten years. Old methods are no longer acceptable. New circumstances require a strategic flexibility in both the firm's business policy and its operational plan. In the past management policies have been based on the theory of growth. Yet, no longer can economic growth be expected. Under these new circumstances the aim must not be for controlled business growth but for controlled flexibility, even controlled regression. Under these circumstances the development of short term flexible plans and of medium term scenarios are essential for ensuring the continuity of the firm. So too are the innovation of products and processes.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | business growth; controlled regression; corporate planning; flexibility; management of construction firms |
| Index terms: | construction firm, corporate planning, business growth, economic growth |
| Subjects: | economic development, organization, business, strategic management |
| Topics: | Business Strategy, Sustainability, Governance |
| Descriptive scope: | 2 PC |
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