Development of a customer focused strategy in speculative house building

Roy, R and Cochrane, S P (1999) Development of a customer focused strategy in speculative house building. Construction Management and Economics, 17(6), pp. 777-787. ISSN 01446193

Abstract

The UK housing industry has been slow to adopt new working practices which have brought improvements in product quality and customer focused operations to many sectors of manufacturing industry. Instead, the dominant business driver has been land and house price inflation, with the market characterized by pronounced boom-and-bust cycles. Reports on the sector often have highlighted the need for research and action aimed at bringing about fundamental changes in its operations, both to satisfy social needs and benefit the companies in the industry. This paper examines the drivers needed for implementing new customer focused business processes in the sector. Of particular importance is the development of a product strategy based on an understanding and analysis of the market. Results are presented from a large market survey that was carried out, and their implications for the industry are discussed.

Item Type: Article
Uncontrolled Keywords: house building; market research; mass customization; product development; strategy
Index terms: house price, land, mass customization, working practice, product quality, inflation, product development, housing, market research, strategy, manufacturing industry, survey
Subjects: economic analysis, real estate economics, innovation studies, construction type, data collection methods, industry analysis, quality assurance, market analysis, management, manufacturing engineering
Topics: Research Practice, Engineering Principles, Business Strategy, Construction Technology, Quality Management, Urban Studies, Organizational Design
Descriptive scope: 4 PCEA

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